Genco Corporation (CE) (GNCC) News

Genco Corporation Continues Process of Converting Rosebowl Speedway
September 28, 2011 06:30 AM Eastern Daylight Time
TYLER, Texas--(BUSINESS WIRE)--Genco Corporation (PINK SHEETS: GNCC) has begun the process of converting the historic Rosebowl speedway into an outdoor Amphitheater in Winona, Texas. The historic Rosebowl Speedway will re-open to the public in 2012 as The Rosebowl Amphitheater. When the conversion is complete, the Rosebowl is expected to seat over 12,000 customers. According to Digital Music News, the average concert ticket price in the US for 2011 is $37.55. The Rose Bowl plans to hold over 90 concert events a year. Based on Averages, the Rosebowl could gross $40,554,000 per year on ticket sales alone. Management plans to begin Outdoor Concerts and events at the new Rosebowl Amphitheater in March of 2012. The newly opened outdoor Amphitheater will feature food concessions and an outdoor movie screen. The new and modern venue will host local and world-class entertainment consisting of live music, plays, fairs, and festivals, and outdoor surround sound cinema events.

About: Genco Corporation is a developer specializing in underutilized properties, event centers and buildings. The company also operates as a promoter, marketer and sponsor of activities such as concerts, and festivals. The Company also plans to provide souvenir-merchandising services, food and beverage at the Rosebowl Amphitheater and other sports and music related events. Management is actively seeking similar acquisitions.

www.gencocorp.com

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company or management undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

Contacts
Genco Corporation
Robert Hardy, 903-581-2040

You see that Bright Green actually went public?
I would never ever trust the Stockwells.
News today making that stock in play.
What could have been for GNCC.

I have a few dogs for sure lol. Won't top my best, when I took a huge loss on MoviePass (HMNY) back in the day. Ugh, what a turd!

Same to you ,I caught a great write off on ggii ..,id say my best ever lol, just hoping alpp comes threw with the forever uplist.

Happens, can't win them all. Definitely need some write offs after this year.

Good luck to you.

Lol scammers got scammed by the stockwells ...,tried to tell you all but all I got bs in return...,boots on the ground tell no lies ...,here's a funny for ya in N.M. one can now apply for a micro license for 200 plants ,one can also purchase a full license for 125k and run thousands of plants...,so no exuses for those cock sucker stockwell pos.

I have to hold my shares regardless, but was hoping for some sort of info regarding GNCC/BGC.

Again, I don't see why Lynn's ownership of GNCC is going to matter with BGC.

Mr. Robinson doesn't seem to want to discuss, or elaborate on what we would like to know about. I do know that John Stockwell's wife, Lynn Stockwell is what was associated with GNCC. She is not just a shareholder, but the majority owner and controlling stockholder of Bright Green Corp.

Could be, I did ask if John Stockwell was still involved and told him what was told to us about GNCC/BGC and all he said was:

More specifically to your question, Lynn Stockwell is a shareholder of Bright Green Corporation, which is a new company incorporated in April 2019. John Stockwell is neither a shareholder nor an executive of Bright Green Corporation.

Thanks, Daiello. - Sounds like he doesn't even know what you're asking about. A canned response to any general business inquiry: "we are not actively pursuing company xyz at this time"

That was either a politician dodging the question, or maybe he doesn't know BG/Stockwells already bought the GNCC shell. One can't pursue something they already own.

over 5 million shares bought up since February...someone knows..

I heard back from Ed Robinson...

Bright Green Corporation has been developing a robust business proposition that brings many new alternatives to bear. That said, while open to relationships, we are not actively pursuing GNCC at this time.

Our focus is providing supply and manufacturing to federally licensed researchers and big pharma. To be clear, Bright Green Corporation has no interests in certain segments of the cannabis industry that may be at conflict with the DEA. We enjoy a strong relationship with our federal and state colleagues and will act in a manner that continues to build on that foundation.

Thank you for your inquiry as we look forward to presenting our position with the public while building on the relationships we enjoy.

I have no idea, other than the CEO's word stating their desire to merge the two companies, as quoted from his email, in the link below. Apparently, there's that formula concerning the GNCC folks, where we will have a stake in BG. There must be some reason, or benefit to BG to want to do that.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152229866

Judging by the recent level of activity on NMSOS, in conjunction with last week's press release, I'm guessing BG will be publicly listed soon.

There is the possibility BG ended up finding a way to roll everything into this shell, then go public. I don't think that's the case but who knows. CEO told me a couple years ago that BGC is a $2 Billion dollar private company, which really surprised me.

In my "opinion", and based on what Mr. Stockwell told GNCC folks, we will have recalculated shares in BG. Whether our shares will be worth something, or nothing will be determined.

Does GNCC own anything that BGC needs/wants?

I'm not sure if Lynn being a majority stockholder of GNCC matters if BGC is a separate entity.

Even if she has money tied up into GNCC, what's the benefit if there is no asset/patent/etc.

Found a website and an email; info@brightgreen.us

I sent a note, we'll see if I get a response.

Let's hope Bright Green can take GNCC shareholders with them. I'm not sure exactly how it would work though.

I let my subscription to Ihub lapse, so no more PMs for me. I think you have my email though.

Have you seen any contact information for anyone lately?

BGC just released some pretty big plans last week:

https://www.santafenewmexican.com/news/local_news/grants-company-plans-300m-cannabis-growing-facility-for-research/article_d242ab32-bcc7-11eb-af83-137d78205040.html
Lynn Stockwell is the majority owner and controlling stockholder of Bright Green Corp.
Guess we will find out soon, if we still have a stake in this, as promised.

New development, for anyone left that follows BG:

https://portal.sos.state.nm.us/BFS/online/CorporationBusinessSearch

As I understand, Bright Green (Director, Lynn Stockwell's name) still owns, and has a large vested interest in GNCC. BG, currently a private company, and currently listed as "active" on NMSOS, has not gone public.... yet. --It appears Merger plans are still in progress.

Taking GNCC shareholders with Bright Green, "in any event"...important post below regarding future GNCC plans:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152229866

remember, there are 5,700 GNCC/OXFORD shareholders:
BG had partnered with CSC Global which specializes in Mergers.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152222138

Here comes the trips.
This was a huge scam pump and dump.

Old news. Those plans have changed. Bright Green Group is gone. Bright Green "Corporation" has taken over the Grants NM operation and we don't know exactly what they're doing...yet.

https://www.mmjdaily.com/article/6021422/us-32-hectares-of-medicinal-greenhouses-to-be-realized-in-new-mexico/

Something brewing? This might explain the recent interest in GNCC shares:

Bright Green Corporation has been working with Denton's Law Group. Dentons is a multinational law firm. Dentons was the world's 5th-largest law firm by revenue.

Federal

DEA Conducts "First" Interview for Cannabis Cultivation Permit - Less than one month after finalizing regulations that would expand the number of federally approved cultivators for medical cannabis research, the Drug Enforcement Administration (DEA) held its first interview with Dentons’ client Bright Green Corp. Currently, the University of Mississippi is the only entity with a federal permit to manufacture cannabis; the DEA is expected to approve an additional 3 to 15 permits in the first half of 2021. Bright Green Corp., which submitted its application in September 2020, is one of more than 50 companies that have applied for a permit.https://www.jdsupra.com/legalnews/cannabis-client-alert-january-2021-3-2317990/


The cannabis group at Dentons helped steer the largest domestic cannabis ... of Cura Partners Inc.'s cannabis business to Curaleaf Holdings Inc. — through ... The firm is now in the process of guiding Bright Green through the ... grow license from the U.S. Drug Enforcement Administration,
https://www.law360.com/articles/1330807/cannabis-group-of-the-year-dentons

Some connections with Canopy Growth also being revealed...

If one spends some time researching this subject, they may be surprised what they find...

Someone has been soaking up shares on the bid, and continues to:

GNCC 2 Month Chart:



Blocks under 2 cents don't seem to last long either. Something brewing??

Might not be anything, but this is not ordinary activity for this ticker.

watching to see if large bids move up...

Talk about blind cats and blinds bats.

Glad to see the spread tightening up!!!

I agree!! Very strange for a buy at .05 time will tell! It would be great to get something solid to come out about or from the Co.

Go GNCC!!!

It's always ran on air. The 100k buy at 5 cents piqued my interest. I'd be pleasantly surprised if this closes above 6 cents.

I don't know why someone would buy big blocks all of a sudden. Could be someone, or a group trying to run this ticker, OR maybe someone knows something.

FYI:
GNCC did run from .11 to .35 in one day on 2 million volume:


One Month Chart:

There are going to be some investors waking up to a surprise!~

GNCC

Agreed!!!

If we can get volume toward a million today and hold above a nickel it will tripper scans tonight and tomorrow might be completely insane.

for sure! with not much pressure this can fly!

I agree but be patient. I was holding LRDR for couple years and sold half at .034...missed another double from there. This is only starting, looking for teens plus here!

guess I'm all alone! HA HA

.06 This moves on thin AIR!!!

Don't know what is going on but we are waking up and us bag holders have a chance!!!

Lets get this back in the teens!!

Everyone needs to wake up on this!!

Thank you!! Guess I will just wait and hold on. I too have a large amount I've been holding for a while. Would be great to hear something.

Who woke this crap stock up?

I'm not going to try to pump this. I don't know what will happen. Just sitting on my boat load of shares...waiting. I view GNCC as a high risk/high reward trade.

Last I heard, FINRA did not allow BG to merge into GNCC. With that being said, CEO and Counsel assured GNCC shareholders that we would not be abandoned, or left behind, and that they had "another plan" to take us with BG, to go public.

As far as I know, GNCC still belongs to the Stockwells, in which they had a very large investment stake. Because of that reason, I don't see them abandoning GNCC. According to address indicated on NMSOS, BGC appears to "still" be working with CSC Global... which specializes in Reverse Mergers. Perhaps CSC Global has found a way to merge into GNCC after all, OR perhaps we will just be rolled into BG's new public entity as CEO indicated. Or perhaps nothing will happen:-/

Bright Green Corporation is a $2 Billion dollar private company. "IF" they do take BGC public, I don't know if it would be a subsidiary or the whole company.

I noticed the MJ laws have been turning in Bright Green's favor, which is icing on the cake for their company.

BG has been quiet. I'm not aware of anyone getting a response from them in quite awhile. BG, however is definitely active, as evidenced by my recent DD posted. It does appear that some shares have been quietly bought up past few weeks. Probably some bottom fishing.

Lets wake this board UP!!!!

Lol nope, fully loaded.

Is that you sitting on the bid for 1.2 million?

soaking up the cheapies, lol

I hope they take us too haha.

If not, fine, give me the tax loss, but just let us know lol

Yeah! I have no idea what's going on. We might wake up one day to find out we own "recalculated shares" under new name.

CEO stated last year:
taking the existing GNCC shareholders with the group in any event. We have a formula and will inform those concerned when appropriateHope they didn't forget about us

Wish we could get the CEO to respond!

Something happening with Bright Green Corp now:
11/13/2020 Business Merger - BRIGHT GREEN CORPORATION In New Mexico Evidence of Merger was filed in which Grants Greenhouse Growers Inc. of New Mexico #6055079 merged with and into BRIGHT GREEN CORPORATION of Delaware #5992010 filed under the laws of Delaware on October 30, 2020 effective October 31, 2020. Processed: 11/17/2020 2095251Type in "both" Bright Green and Grants Greenhouse Growers on NMSOS:
https://portal.sos.state.nm.us/BFS/online/CorporationBusinessSearch/CorporationBusinessInformation

I'm not sure how GNCC shareholders fit into this yet -
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152229866

This scam POS traded 10k shares today.
Wow. Something must be up
Who’s starting the pump machine?
Lol.

Mr. Ahab can you check in and give us a nod or something haha.

I have no idea what the final outcome will be on this one, but I continue to watch it very closely. I really want to physically visit the location. It was "under construction" last year, as evidenced by those pictures shared on board. Mr. Ahab might now something. but I do agree that something seems to be going on behind the scenes with the shell and Bright Green.

I'm not sure if anything will ever come from GNCC, but I do agree that something seems to be going on behind the scenes with the shell and Bright Green.