NEW YORK--(BUSINESS WIRE)--GNCC Capital, Inc. (OTC: GNCP) confirms that the Company’s Management is not and will not be contemplating any reverse split of its shares of Common Stock.
This has been made very clear on a number of occasions.
The two impending Corporate Actions announced earlier today and being published on Monday January 13, 2013 and prior to the market open, do not in any way involve any reverse split of our shares of Common Stock. Our corporate actions being announced on Monday January 13, 2013 are expected to be of significant benefit to our stockholders and not the opposite.
The Company’s Management remains of the opinion that a reverse split of this Company’s Common Stock would be detrimental to stockholder interests.
About GNCC Capital, Inc.:
GNCC Capital, Inc. is primarily a Gold Exploration Company, with a secondary focus on Silver Exploration. The initial exploration properties are located in Arizona and consist of “White Hills, Esther Basin, Burnt Well, Clara, Kit Carson, Silverfields and Potts Mountain". The Company intends to create significant value for its initial portfolio of properties through continued exploration, joint ventures, and through the acquisition of additional Gold and Silver Exploration assets. GNCC Capital, Inc. is a current information filer on the OTC Markets under the symbol “GNCP”.
Forward-Looking Statements:-
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.