Replies to post #199272 on GNCC Capital Inc (GNCP)

[moe_the_gyp01]

He's right magnix2k...

INITIAL CORPORATE ACTIONS:

The Company has already commenced upon a series of Corporate Actions in order to facilitate and to avoid any delays in this process; as requested by Fundco. We have already commenced by raising our Authorized Share Capital and our next step is to obtain a "lock up" and an extension of conversion time on all outstanding Preferred Stockholders for a period of two years in order to contractually ensure any conversions whatsoever into our Common Stock and for that period.

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