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GNCC Capital, Inc. Updates On OTC Tier Status And On Pending Transactions
GNCC Capital, Inc. Updates On OTC Tier Status And On Pending Transactions.
About this update from Gncc Capital, Inc.
[{"type":"text","content":"\n\n\n\nGNCC Capital, Inc. Updates On OTC Tier Status And On Pending Transactions\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. Updates On OTC Tier Status And On Pending Transactions\nPR Newswire\nLAS VEGAS, Dec. 7, 2021\n\n\n\nLAS VEGAS, Dec. 7, 2021 /PRNewswire/ -- GNCC Capital, Inc. (GNCP.PK) (\"The Company\" or \"GNCP\") refers to our Statement dated November 16, 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. A Link to that Press Release: https://www.otcmarkets.com/stock/GNCP/news/GNCC-Capital-Inc-Further-Updates-On-OTC-Tier-Status?id=331286.\nWe clearly stated that our last response to OTC Markets Compliance questions was on Monday November 8, 2021. The Company's Corporate Counsel is now dealing with OTC Markets Compliance in order to resolve this issue as we, as Directors; have not as yet, heard back from OTC Markets Compliance. \nWe confirm that in order close the transactions pertaining to the Lithium Projects, the Company is required to be PINK CURRENT. We have managed to extend the closing timeframe to ensure that the Company is no danger of losing these (or any other) transactions due to these protracted delays in our being restored to that of PINK CURRENT.\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, expect to be reinstated to that of PINK CURRENT without further endless delays. OTC Markets Compliance is not questioning our Filings; they simply requested some clarification on one issue and previously requested a few small amendments; the last were submitted to them on November 8, 2021.\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 tru...