Replies to post #188529 on GNCC Capital Inc (GNCP)

[moe_the_gyp01]

You mean this piece of wishy washy double-speak that cast doubt on any notion of a dividend????

If this exercise is going to be undertaken, the Directors believe that it would be

more prudent to invest funds and time into improving and where applicable, increasing the claim blocks; resulting in these properties being more valuable.

Soooo, NO! Investing what from where. Cash? That thing you don't show on 13 years of balance sheets?


Now in order to undertake this exercise, two items need to happen; and as follows:-
Your Directors will need to “strike an amicable and sensible” deal with the holders of
certain Classes of our Convertible Preferred Stock given that these certain classes are
effectively secured by some of these Exploration interests. Secondly, this would amount to
a Corporate Action, meaning that a Dividend Declaration, Record Date and the Pay Date
would require the prior approval of FINRA.

FAT CHANCE ON BOTH!!!!!! Lumb aint going anywhere on this cash cow of stupidity.



Your Directors wish to point out that a disposal of these assets would render our Company as a “Shell”; that is not in the best interests of our shareholders. Hence our acquisition policy which I address further on in my letter. A real win for all of us would be a disposal,
dividends but our still having a revenue producing and profitable Company continuing to

A shell? You mean that thing your flunky barrister had to re-write multiple times to convince regulators they aren't?!?

And again...Investing what from where. Cash? That thing you don't show on 13 years of balance sheets?




If you see a straight shot to a dividend in this mountain of contradictions, you're a supreme #$%$#@$!$.

[LAMBSHIFT]

if you are right, all will be o.k. without any question.
the time has come for the paymentsss(!)