NEW YORK--(BUSINESS WIRE)--GNCC Capital, Inc. (OTC: GNCP) (“The Company”) has today filed its Third Quarter Report, dated August 25, 2014, for the nine month period ended June 30, 2014.
The Company’s Management filed the Second Quarter Report for the period ended March 31, 2014 on August 21, 2014.
The Company is now current in all of its filings on the OTC Markets.
The Company will now be restored to that of a “CURRENT INFORMATION FILER” on the OTC Markets. The current “STOP” annotation on the OTC Markets will be removed shortly.
The Company’s Annual Report for the year ended September 30, 2014 will be filed on or before December 31, 2014, in order to for the Company to remain as a “CURRENT INFORMATION FILER” on the OTC Markets.
Peter Voss, the recently appointed Group Chief Executive Officer, commented that he has pleased that the Company was now meeting promised deadlines and that the OTC Market Filing Financial Reporting requirements were now being met on time.
The Company under the new Leadership of Peter Voss, will now proceed to aggressively deal with:
|(a)||Planned additional Acquisitions in the Adult Social Gaming Arcades in South Florida and possibly, in Australia; and|
|(b)||Planned acquisition of a Company specializing in the trading of Index Related Futures Trading; and|
|(c)||Ted Blom to proceed with the extraction of value in respect of the Mining Exploration Assets of the Company; and|
|(d)||The implementation of the use of Social Media and Corporate Web Sites to better inform and appraise stockholders as to the Company’s various day to day dealings; and|
|(e)||To continue to seek symbiotic acquisitions that meet the Company’s Criteria: "Strong Cash Flow, & Earnings, High Margins, Low Staffing Numbers, Debt Free, No or Minimal Inventory, No Accounts Receivables, Minimal Capital Expenditure, No Labor /Union Issues and above all, an above average rate of return on the value of the assets managed".|
About GNCC Capital, Inc.:
GNCC Capital, Inc. is a Holding Company which at present has a number of subsidiary companies which are engaged in Adult Social Gaming Arcades in South Florida and in Mining Exploration.
The Company’s Gold & Silver Mining Exploration properties are located in Arizona and consist of “McCracken, Alamo, North Rawhide, White Hills, Esther Basin, Burnt Well, Clara, Kit Carson, Silverfields and Potts Mountain".
The Company intends to continue to diversify into other Industry Sectors through acquisitions.
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.