The more I think about it and the more times I read this report the more convinced I am that this report was started for a very important reason. No doubt the elimination by the DTCC of the stock borrow program was a part of it. Now, Ted I'm sure documents his weekly contact with the transfer agent as to the exact number of shares on deposit at the DTCC before putting out this report: https://www.otciq.com/otciq/ajax/showFinancia...?id=118224
Anyone who owns shares of GNCP has seen these put out week after week. So now the company after much good news still sees its stock being manipulated and the market cap remains at an ridiculously low value. What might I do if I held a large number of shares?
I would pull my shares in certificate form and my brokerage firm better be able to deliver every single share or else I will own that firm. Once those shares leave the DTCC and that number on deposit starts going down they will not be able to hide the FTD's and the chit will truly hit the fan. Money will pour into GNCP as the whales and the sharks will both know exactly what is going on. The SEC can't blame management as this was not caused by them it was caused by angry noteholders who believed in the company and owned shares.
These noteholders were abused and called names by many and those same folks claimed they had sold all their shares when they had not. Now they were exerting their rights to show they were not the ones hurting the company as claimed by getting their shares in certificate form to prove their point.
Can you imagine a situation where several individual shareholders own more shares than are on deposit at the DTCC according to the transfer agent?
Remember if GNCP wins, all the sisters win as well and a huge transfer of wealth takes place. Go GNCP!!!
