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GNCC Capital, Inc. Restored To PINK CURRENT Tier On OTC Markets

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Rhea-AI Summary

GNCC Capital, Inc. (GNCP.PK) has announced its restoration to the PINK CURRENT Tier on the OTC Markets as of May 14, 2021. This development indicates that the Company can now address various outstanding matters, benefiting shareholders who have awaited this outcome. The Board expressed gratitude to shareholders for their patience during the process. The announcement includes forward-looking statements, cautioning that actual results may vary due to various risks and uncertainties associated with the Company’s future activities.

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Positive

  • Restoration to the PINK CURRENT Tier enhances visibility and credibility.
  • Enables the Company to address outstanding matters, potentially leading to improved operations.

Negative

  • None.

News Market Reaction – GNCP

+6.25%
+6.25% Session move

In the trading session that priced this news, GNCP gained 6.25%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LAS VEGAS, May 14, 2021 /PRNewswire/ -- GNCC Capital, Inc. (GNCP.PK) ("The Company" or "GNCP") confirms that effective today, the Company has been restored to the PINK CURRENT Tier on the OTC Markets.

Needless to say, this will result in additional matters finally being addressed and from next week.

Your Directors wish to extend their sincere appreciation to our loyal shareholders whom have patiently waited for this conclusion.

Forward Looking Statements:-

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions.

The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.

Contact Information:
GNCC CAPITAL, INC.

Telephone: (702) 990-0156
E Mail: corporate@gncc-capital.com

Investor Relations Contact:

E Mail: investor@gncc-capital.com
Twitter: https://twitter.com/gncccapital

Cision View original content:http://www.prnewswire.com/news-releases/gncc-capital-inc-restored-to-pink-current-tier-on-otc-markets-301291512.html

SOURCE GNCC Capital, Inc.

FAQ

When was GNCP restored to the PINK CURRENT Tier?

GNCP was restored to the PINK CURRENT Tier on May 14, 2021.

What does the restoration to the PINK CURRENT Tier mean for GNCP?

Restoration to the PINK CURRENT Tier improves visibility and allows GNCP to address pending matters.

What should GNCP shareholders expect following the restoration announcement?

Shareholders can expect the Company to begin addressing various matters that were previously outstanding.

What risks are associated with GNCP's forward-looking statements?

Forward-looking statements may differ significantly from actual results due to various risks and uncertainties.