GNCC Capital, Inc. Files Q2 Report

In the interests of full disclosure, your Directors are also the Directors of Premier Development & Investment, Inc. (OTC:PDIV) ("Premier") which is the largest shareholder of GNCC Capital, Inc. holding 37.68% of the outstanding voting shares of Common Stock; so it is not in Premier's interests either.

In respect of our Authorized Share Capital, no, we have not raised it. We have had no reason to do so. We would increase it if it was legally required; such as a holder of shares Convertible Preferred Stock requesting to convert all or part of their holding into shares of our restricted Common Stock. To date; we have had no such request whatsoever.

Furthermore our shares of Common Stock on deposit at the DTCC remain unchanged. No shareholders have deposited any additional shares whatsoever. This can be verified with our Transfer Agent or simply look at: https://www.otcmarkets.com/stock/GNCP/security.

We are Transfer Agent Verified with the OTC Markets.

After reviewing our Transfer Agent records; we are able to confirm as follows:-

1. The last deposit of GNCC shares of Common Stock by the Transfer Agent to the DTCC for and on behalf of a shareholder was on August 28, 2019.
2. That on August 28, 2019, the amount of shares of GNCC Common Stock on deposit at the DTCC (Cede & Co.) was in the amount of 16,762,983,520.
3. As at close of business on April 12, 2021, the amount of shares of Common Stock on deposit at the DTCC (Cede & Co.) was in the amount of 15,034,083,520. The GNCC shares of Common Stock held on deposit at the DTCC on deposit was in fact reduced by an amount of 1,728,900,000 in the period August 28, 2019 to date; solely due to stockholders pulling stock from the DTCC and into Stock Certificates.

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.

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SOURCE GNCC Capital, Inc.