Business
GNCC Capital, Inc. Updates On Various Key Transactions
GNCC Capital, Inc. Updates On Various Key Transactions.
About this update from Gncc Capital, Inc.
[{"type":"text","content":"\n\n\n\nGNCC Capital, Inc. Updates On Various Key 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 Various Key Transactions\nCompany confirms imminent closure of further Cannabis Sector Transactions\nPR Newswire\nLAS VEGAS, July 8, 2019\n\n\n\nLAS VEGAS, July 8, 2019 /PRNewswire/ -- GNCC Capital, Inc. (OTC: GNCP) (\"The Company\" or \"GNCC\") is now in a position to address certain key issues and transactions, as follows:\nThe Quarterly Report for the Nine Months Ended June 30, 2019 will be completed and filed tomorrow. We had expected to file prior to this Press Release but elected to include certain fairly material items post this Reporting Period. This Quarterly Report will include the OTC Markets Disclosure Statement. Shareholders are advised to read a number of OTCIQ Filings being published both today and tomorrow; all being filed prior to the Q3 Report being filed late tomorrow.\nAs announced previously, post our becoming PINK CURRENT on the OTC Markets, we are expecting to complete our due diligence as early as tomorrow on a Licensing Agreement on \"cutting edge technology\" as is required in the Cannabis Sector and it will only conduct business in Canada. We confirm that we are already at the draft agreement stage and it is highly likely that we will consummate and then announce this transaction. At this time, we do not expect any further delays. We are extremely comfortable with our counterparts and yes, they are a USA publicly quoted Technology Company.\nFollowing this transaction we will be commencing due diligence on a technology transaction which was developed and designed to provide a unique service to the Cannabis Industry and to other Sectors. We will provide further details in due course as permitted based upon Non-Disclosure Agreements.\nShould both of these transactions be successfully concluded, it will lead to further licensing transactions and /or Joint Ventures which will add value and additional revenue streams. These additional transactions are what we would describe as natural \"bolt on\" and s...