InvestorsHub Logo

Dhoraji

03/02/13 11:19 AM

#210462 RE: puppydotcom #210457

I already told you repeatedly, We don't care about FFGO, dead or alive!
You got that?

Militia Man

03/02/13 12:34 PM

#210475 RE: puppydotcom #210457

The FFGO Filings show where the deal is going down. NMGL and class A and B Preferred Shares are the vehicle.

GNCC Capital, Inc. (Pink Sheets:GNCP) ("the Company") is currently evaluating an acquisition of a Gold Exploration Property which is significantly larger than any exploration property in its present portfolio.

This Gold Exploration property has had very satisfactory assay results from previous drilling programs and qualifies for far more extensive geological research and a systematic drilling program.

Should this acquisition be consummated, it will be funded through a combination of new Preferred Stock in the Company and long term Loan Notes. The Company remains committed to its long standing pledge not to issue additional shares of its Common Stock.

The Company recently announced that it has entered into a Line of Credit Agreement with Diamond Peak Resource Corporation ("Diamond Peak") in the amount of $1,000,000 primarily for the immediate and accelerated development of the Company's Mining Exploration Properties.

Should the Company complete this acquisition, it has the ability to increase the amount of this Credit Facility from Diamond Peak and source additional credit facilities should it so require.

The Company will update stockholders on the status of this acquisition.

About GNCC Capital, Inc.: