GNCP - GNCC Capital, Inc. Publishes a Paper on Its
Post# of 807
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This Management Discussion paper solely deals with and refutes a number of allegations posted on Internet Stock Chat Forums that the businesses owned by Gold Coast are not operating within the Statutes as laid down by the State of Florida.
Such allegations are damaging and harmful to our stockholders and are completely without foundation and have no legal validity whatsoever.
It has become very clear that since our announcement of this particular acquisition on August 12, 2014, that a lot of confusion has been created amongst our stockholders through these questionable postings on various Internet Stock Chat Forums.
http://www.otcmarkets.com/stock/GNCP/news/GNC...91&b=y
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COMMENTARY BY GOLD COAST MANAGEMENT:
It has become very clear that there is confusion amongst GNCC stockholders as to the legality of Gold Coast’s business operations following substantial amounts of negative and defamatory postings on Internet Stock Chat Forums by various parties. To be fair, certain press coverage on these businesses has cast doubt on the legality of the businesses, these press reports however are not accurate insofar as they don’t address the specifics of the laws under which these businesses now operate.
The Industry and the businesses acquired by Gold Coast / GNCC have in the past, instigated litigation against the State of Florida, pertaining to the change in the Laws, all of which has now been settled. This resulted in press coverage which has been used by these posters to cast doubt on the legality on the business of Gold Coast’s operations. These postings are false as Gold Coast’s businesses operate strictly within the Statutes in the State of Florida.
http://www.otcmarkets.com/financialReportView...;id=125120