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GNCC Capital, Inc. Further Updates On OTC Tier Status
GNCC Capital, Inc. Further Updates On OTC Tier Status.
About this update from Gncc Capital, Inc.
[{"type":"text","content":"\n\n\n\nGNCC Capital, Inc. Further Updates On OTC Tier Status\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGNCC Capital, Inc. Further Updates On OTC Tier Status\nPR Newswire\nLAS VEGAS, Nov. 16, 2021\n\n\n\nLAS VEGAS, Nov. 16, 2021 /PRNewswire/ -- GNCC Capital, Inc. (GNCP.PK) (\"The Company\" or \"GNCP\") refers to our Statement dated November 9, 2021 in which we confirmed that we had submitted further responses to OTC Markets Compliance to review and in respect of the FURTHER AMENDED Q3 Report; and in order for the Company to be reinstated to that of PINK CURRENT. \nWe clearly stated that our last response to OTC Markets Compliance questions was on Monday November 8, 2021; today being only the seventh business day since that response by ourselves. We have been advised by Counsel that currently, the OTC Markets Compliance is responding within 7 to 9 Business Days; so no response as yet was expected by ourselves. The Company Directors are in direct communication with OTC Markets Compliance.\nWe reiterate that in the opinion of the Directors, it is unlikely that OTC Markets Compliance will require any further amended Q3 Reports to be filed. Upon their review of our response of November 8, 2021; we, in our opinion, reasonably expect to be reinstated to that of PINK CURRENT without further delays.\nOTC Markets Compliance has confirmed to us that no Attorney Letter is required for Quarterly Reports; that is only required for Annual Reports so it does not apply to the issue at hand whatsoever.\nWe truly understand that shareholders are extremely anxious for our reinstatement to that of PINK CURRENT in order for ourselves to announce transactions that depend upon our being PINK CURRENT. \nGiven the timeframes as above-mentioned, it is not unreasonable for your Directors to assume that we will be in a position to further update our stockholders this week.\nWe again ask for shareholders to continue to exercise patience for an issue which now appears to be imminently resolved and that there is no need to constantly contact the Company over this issue. Your Directors have t...