CA Market News
6日前
Global Compliance Completes Acquisition of Global People's TrustMay 29, 2026 8:54 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 29, 2026) - Global Compliance Applications Corp. (CSE: APP) (FSE: 2FA) (OTCQB: FUAPF) ("GCAC" or the "Company") is pleased to announce that, further to the Company's news release dated March 9, 2026, that the Company has acquired (the "Acquisition") a 100% interest in Global People's Trust LP and Global People's Trust (Management) Limited (together, the "Global People's Trust") pursuant to a Share Purchase Agreement (the "Definitive Agreement") with Darrence Hugh Christian (the "Seller").In accordance with the Definitive Agreement and as consideration for a 100% interest in Global People's Trust, the Company has issued the Seller 38,000,000 common shares in the capital of the Company (the "Consideration Shares") at a deemed price of $0.015 per Consideration Share. The Consideration Shares were issued under prospectus exemptions pursuant to National Instrument 45-106 - Prospectus Exemptions and are subject to an applicable statutory hold period of 4 months and one day from the date of issuance. Additionally, the Consideration Shares are subject to a Canadian Securities Exchange ("CSE") mandated hold period pursuant to which they may not be sold, transferred, hypothecated or otherwise traded prior to the date that is the later of: (i) September 13, 2026; (ii) ten trading days following the date on which the Company files a business acquisition report in connection with the Acquisition; and (iii) ten trading days following the date on which the Company files a CSE-approved Form 5A Annual Listing Summary in accordance with the policies of the CSE.About Global People's Trust GLOBAL PEOPLE'S TRUST LP (FSP1002811) (NZBN:9429050290505)(GPT) is a New Zealand registered Financial Service Provider (FSP). The FSP activities in the New Zealand FSP Register include "Keeping, investing, administering, or managing money, securities, or investment portfolios on behalf of other persons." The FSP maintains custody accounts in Euro and USD.About GCACGlobal Compliance Applications is a technology company specializing in wallet technology, compliance, onboarding and data integrity solutions for regulated industries all the way to the end- user experiences, inclusive of permission-based data collection, coupons and offers on the blockchain. Its Efixii platform, developed on an ethereum Layer 2 blockchain, leverages blockchain and machine-learning technology to support secure, scalable business operations, fast transaction processing, end-user communications and loyalty. GCAC works in many agricultural industries, providing a value-added blockchain offering through a cost-effective SaaS (software- as-a-service) licensing model. Under the guidance of GCAC's new CEO, a pivotal direction and vision is to develop a financial global network and Fintech Super Wallet for deployment globally and imbedded in other communities and technologies.For more Company information, please visit www.gcac.tech or review its profiles on www.sedarplus.ca and on the Canadian Securities Exchange's website www.thecse.com. Press Contact Ryan Gibson, CEO
Phone: +1-236-660-6765
Whatsapp: +27 79 491 0225
Email: Ryan@gcac.tech
Linkedin: https://www.linkedin.com/in/ryan-gibson-4b019986/Forward-Looking Information All information contained in this news release with respect to the Company and Global People's Trust was supplied by the parties, respectively, for inclusion herein, and the Company and its directors and officers have relied on Global People's Trust for any information concerning such party.This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release include, without limitation, statements related to the expected benefits of the Acquisition. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299531 Original: Global Compliance Completes Acquisition of Global People's Trust
CA Market News
1月前
Global Compliance Applications Corp. Announces Engagement Agreement with Capital Trust Group LimitedApril 27, 2026 7:51 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - Global Compliance Applications Corp. (CSE: APP) (FSE: 2FA) (OTC Pink: FUAPF) (the "Company" or "GCAC") announces that it has entered into a definitive engagement agreement dated April 17, 2026 (the "Agreement") with Capital Trust Group Limited ("CTG"), a New Zealand-based entity, pursuant to which GCAC will provide blockchain advisory and compliance-related services in connection with CTG's digital bond project accelerator platform for up to 1 million digital bond issuances. Summary of EngagementUnder the Agreement, GCAC has been appointed as a lead blockchain advisor and compliance auditor for CTG's project accelerator initiative, which is intended to support the tokenization of digital bond offerings by third-party issuers. The scope of GCAC's services is expected to include advisory support relating to blockchain architecture, smart contract validation, and compliance-related processes, subject to project onboarding and acceptance procedures.The project accelerator platform is designed to facilitate access to capital markets for up to 1 million qualifying issuers; however, there can be no assurance as to the number of projects that will be onboarded or completed.Commercial TermsPursuant to the Agreement:GCAC is entitled to receive an annual advisory fee of up to USD $800 per active project, subject to onboarding and continued participation of such projects. Fees are expected to be calculated and payable on a periodic basis up to a maximum of 1 million projects. A portion of the fees received by GCAC may be allocated toward the acquisition of equity interests in CTG, subject to the terms and conditions of separate arrangements and applicable securities laws. The potential value of the Agreement is dependent on the number of projects successfully onboarded to the platform and their continued activity. There can be no assurance that any minimum number of projects will be realized or that the Company will generate significant revenue under the Agreement.Scope of ServicesGCAC's responsibilities under the Agreement are expected to include:Advisory services related to blockchain infrastructure and tokenization frameworks Review and validation of smart contract functionality Support for data integrity and tracking mechanisms Compliance-related advisory processes, including due diligence frameworks The provision of services is subject to customary conditions, including successful onboarding of projects and ongoing compliance with applicable regulatory requirements.Strategic RationaleThe Agreement aligns with GCAC's strategy to expand the application of its blockchain technology into financial services and digital asset infrastructure. The Company believes that participation in initiatives such as CTG's platform may provide opportunities to demonstrate its technology and advisory capabilities; however, there is no assurance that such participation will result in material revenue or long-term commercial arrangements.Management CommentaryRyan Gibson, Chief Executive Officer of GCAC, stated:"This agreement represents an opportunity for GCAC to provide blockchain advisory and compliance-related services within an emerging digital asset framework. We will continue to focus on executing our strategy while maintaining appropriate risk management and regulatory compliance."About Global Compliance Applications Corp.Global Compliance Applications Corp. is a technology company focused on developing blockchain-based solutions that support data integrity, compliance, and operational transparency. The Company's platform includes Ethereum Layer 2-based infrastructure designed for use in regulated environments.About Capital Trust Group LimitedCapital Trust Group Limited is a New Zealand-based entity focused on financial services and digital asset-related initiatives, including the development of tokenized financial instruments.Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including statements regarding the anticipated scope of services, potential revenue, project onboarding, and strategic benefits of the Agreement.Forward-looking information is based on management's current expectations, estimates, projections, and assumptions as of the date of this news release. Such statements are subject to a number of known and unknown risks, uncertainties, and other factors, including but not limited to:the ability of CTG to successfully develop and operate its platform; the number of projects that may be onboarded; the ability of GCAC to perform services as contemplated; regulatory developments affecting digital assets and tokenized securities; general market, economic, and industry conditions; the availability of financing and capital; risks associated with emerging technologies. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information.The Company undertakes no obligation to update or revise any forward-looking information except as required by applicable securities laws.Contact Information
Ryan Gibson
Chief Executive Officer
Global Compliance Applications Corp.
Email: Ryan@gcac.tech
Website: www.gcac.techTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/294509
Original: Global Compliance Applications Corp. Announces Engagement Agreement with Capital Trust Group Limited
CA Market News
2月前
Global Compliance Proceeds to Private Placement and Debt SettlementMarch 20, 2026 8:37 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 20, 2026) - Global Compliance Applications Corp. (CSE: APP) (OTC Pink: FUAPF) ("GCAC" or the "Company") is pleased to announce that, pursuant to its price protection, it will proceed to a private placement financing of up to 9,366,364 Units @ $0.011 per Unit for gross proceeds of up to CAD$103,000. Each Unit consists of one common share at $0.011 per share (each, a "Share") and one transferable share purchase warrant (each a "Warrant") exercisable at $0.05 per Share for a period of 24 months from closing. Debt SettlementThe Company has entered into debt settlement agreements with two arm's length third parties, pursuant to which the Company has agreed to issue an aggregate of 15,675,000 shares (each, a "Share") at a deemed price of $0.011 per Share, to settle a total indebtedness of CAD$ 172,500.The Company has resolved to satisfy the outstanding indebtedness with Shares to preserve its cash for operations. The Private Placement and Debt Settlement transactions are subject to the approval of the Canadian Securities Exchange. Pursuant to the financing and debt settlements, an aggregate of 25,041,364 common shares and 9,366,364 Warrants will be subject to a four month and one day hold period once issued on or after March 27th, 2026.The Company is scheduled to close the Private Placement and Debt Settlement on March 27, 2026.About GCAC
Global Compliance Applications is a technology company specializing in wallet technology, compliance, onboarding and data integrity solutions for regulated industries all the way to the end-user experiences, inclusive of permission-based data collection, coupons and offers on the blockchain. Its Efixii platform, developed on an ethereum Layer 2 blockchain, leverages blockchain and machine-learning technology to support secure, scalable business operations, fast transaction processing, end-user communications and loyalty. GCAC works in many agricultural industries, providing a value-added blockchain offering through a cost-effective SaaS (software-as-a-service) licensing model. Under the guidance of GCAC's new CEO, a pivotal direction and vision is to develop a financial global network and Fintech Super Wallet for deployment globally and imbedded in other communities and technologies. For more Company information, please visit www.gcac.tech or review its profiles on www.sedarplus.ca and on the Canadian Securities Exchange's website www.thecse.com. Press Contact
Ryan Gibson, CEO
Phone: +1-236-660-6765
Whatsapp: +27 79 491 0225
Email: Ryan@gcac.tech
Linkedin: https://www.linkedin.com/in/ryan-gibson-4b019986/ Forward-Looking Information This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289452
Original: Global Compliance Proceeds to Private Placement and Debt Settlement
CA Market News
4月前
GCAC Announces Private PlacementFebruary 5, 2026 11:36 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Global Compliance Applications Corp. (CSE: APP) (OTC Pink: FUAPF) ("GCAC" or the "Company"), announces that it has arranged a non-brokered private placement for gross proceeds of up to $1,000,000. The private placement consists of up to 90,909,091 units (the "Units") at a price of $0.011 per Unit.Each Unit will consist of one common share (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will be exercisable into a common share of the Issuer (a "Warrant Share") at a price of $0.05 per Warrant Share for a period of two years from issuance. Net proceeds from the private placement will be used for general working capital.All securities issued in connection with the private placement will be subject to a statutory hold period of four months. The Company may be paying finder's fees up to the amount permitted by the CSE policies.Completion of the private placement is subject to the receipt of all necessary corporate and regulatory approvals, including approval of the CSE. For more Company information, please visit www.gcac.tech or review its profiles on www.sedarplus.ca and on the Canadian Securities Exchange's website www.thecse.com.Press Contact
Ryan Gibson, CEO
Phone: +27 64 862 1960
Email: info@cannappscorp.comForward-Looking InformationThe Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/282974
Original: GCAC Announces Private Placement
HighYieldStocks
2年前
GAINING STRENGTH:
GLOBAL COMPLIANCE APPLICATIONS CORP - GCAC
U.S. on the OTC: FUAPF ... Canada: APP
In Canada FUAPF as APP.CN is up +400% to $0.025 a 52-week high from its 52-low recently of $0.005 now trading on sharply increased volume on most days. All Barchart indicators show the stock currently as a 100% BUY:
https://www.barchart.com/stocks/quotes/APP.CN/opinion
The stock is also gaining strength and volume in the U.S. on the OTC. As mentioned before, as this is a foreign OTC stock in the U.S., apparently many U.S. orders are routed directly to the Canadian exchanges (CSE) (pure speculation on our part) where the pertaining volume of sometimes millions of shares is indicated.
Here's the new link for all data to the CSE listing:
https://thecse.com/listings/global-compliance-applications-corp/
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QUICK UPDATE ON GCAC (FUAPF / APP.CN)
Based on a Dec.19, 2023 Canadian news release by the company, a private placement was just completed for $0.03 per share. The associated whole warrants have a $0.065 exercise price. Also company debts were settled. This is apparently all a good thing as PP investors are supposedly expecting a much higher stock price in the future, especially since their stocks are restricted for four months.
We think that the company is moving in the right direction, and we don't expect any further significant dilution (this is only our personal opinion and purely speculative).
Also, the logistics for our proposed revenue/cashflow program seem to be moving forward (again this is our personal opinion and a purely speculative assumption). Because of the extensive bureaucracy involved to put all the proper checks and balances and transparency in place for our proposed program, this process took a bit longer than expected, but should be established over the next few weeks to get started in early 2024 (hopefully in early January).
We think (personal opinion only and speculative in nature) that once the company announces our particular revenue/cashflow program, which is in addition to the expected upcoming Efixii App Solution, etc. revenue stream, that large investor groups will get involved here due to the expected upcoming growth cycle which may potentially become a hyper-growth cycle over time. It seems that larger investors are already getting involved here step by step as the so-called "loose paper" is apparently being gobbled up step by step.
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THE FUAPF / APP.CN STOCK PRICE
As shareholders everybody makes the most money when the stock price goes up. A stock price of 10 - 20 Cents is nice (and the company without any revenue was already once valued at over $50 million market cap years ago, which would currently reflect an approx. 20 Cent stock price), but our initial target is $1/share (which is 100x from the initial $0.01) and that's when it gets interesting for us.
A $1 share price would put the market cap at approx. $260 - $270 Million (based on current outstanding shares including the recent PP shares) which based on the expected revenue models/programs that we think (personal opinion only and speculative in nature) that are apparently being implemented in 2024 and if they have the pertaining growth and success rate, could make such a valuation potentially reasonable (personal opinion only and purely speculative).
Once our particular revenue/cashflow program is implemented and shows a certain success and growth rate, with particular capital strategies, for our part we think (only personal opinion and highly speculative in nature) there's much more to come when compared to other companies which have implemented such strategies and which have currently market caps of $90+ billion. Important: We're definitely NOT saying or expecting that GCAC will ever have that kind of market cap, but only 1% of such a market cap would put GCAC's stock price at $3/share over time.
It's only expressing our personal vision with much speculation here for this and that's why we and large shareholders are even interested in this company, due to its immense upside potential. Is it a speculation? Of course it is! Ventures like this are always highly speculative. Anyway, we'll be free to talk more about it once the company releases detailed news in this regard. BTW, we could have chosen other companies for our exciting revenue/cashflow program, but since their market cap is already 10x and more of GCAC's market cap, we think that GCAC has the highest upside potential, ... again, it's only our personal opinion and that opinion is speculative in nature.
BTW, while a steadily increasing stock price is okay with us, we don't want the stock price to explode like crazy right now as we still need to accumulate a strong position here to maximize our long-term profit. Once really large investor groups are getting involved here, it is expected (purely speculative) that the stock price will explode to the upside since there most likely won't be enough paper around for the demand and fundamental data (revenue/cashflow, growth) will most likely also support an increasing stock price over time.
HighYieldStocks
2年前
Lets get this ball rolling
$FUAPF: Double for the Week, ... just getting started
Saturday, December 9, 2023
Dear fellow Trader/Investor,
--------------------------------------------------------------------------------
(Not financial advice! For informational, educational and entertainment purposes only!)
100% UP AND OUR SUPER STOCK JUST GOT ROLLING
Our new Super Stock which we expect to become a Giga Stock :)
GLOBAL COMPLIANCE APPLICATIONS CORP - GCAC
U.S. on the OTC: FUAPF ... Canada: APP
... Deutschland/Germany: WKN: A3DP6A ... ISIN CA37960T1066
... just got rolling. In the U.S. the stock did over +100% from our starting point of $0.007 to as high as $0.016 and holding around $0.014 for now and tending higher. There seems to be only a small amount of paper (shares) available in the U.S. even though trades can be placed in the U.S. and orders seem to be actually routed for execution to the Canadian Exchange (CSE) etc. Of course that's not a problem and is perfectly fine. On the Canadian Exchange we also saw the bulk of the volume of nearly 6 Million shares over the first few days of the week.
(On Nasdaq's OTC the stock has the ticker FUAPF and in Canada the stock trades under the symbol APP.CN)
In Canada the shares rose from around $0.01 to $0.025 settling in general around $0.02 for most of the volume for now. According to plan and as indicated below we expect approx. $0.08 - $0.10 by end of December into early January.
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GCAC (FUAPF) - Big Investors are taking positions
As expected it seems that big investors (speculatively most likely institutional investors) are starting to take positions here as of interest to investors outside the U.S. for e.g. for Canadian investors, up to 10.7 Million shares are being sold at $0.03 (3 Cents for a 50%-100% premium to the current price) in a PP (Private Placement) with a 4-months lockup (these shares are restricted and can't be sold for at least 4 months). The attached warrant is only half a warrant compared to the usual one full warrant at an exercise price of $0.065 which seemingly indicates strong interest here.
Based on that information PP investors seem optimistic and are expecting most likely a share price of up to $0.10 (10 Cents) in the not too distant future (within a few months) probably shooting for at least $0.20 (20 Cents) or so to start with (please note this is all speculation on our part, and a personal opinion only). For our part, we expect shares to rally possibly up to $0.80 to $1 in 2024 (that's your 100x or 50x respectively) and probably much higher in 2025 and onward (we'll explain the reasons and data why in the coming weeks as soon as we're allowed to do so).
Once the company announces the implementation of the revenue/cash-flow plan that we have proposed, we really think the stock should fly fast to the upside as we expect major investors to come in here in order to participated on the anticipated growth of the company's revenue, etc. Once the plan is implemented, it should just catch momentum and be like an autopilot.
The 100x (10,000%) UPSIDE:
As the stock price is increasing the initial potential of a 100x (10,000%) upside is shrinking a bit. With the double in the stock price that potential would be now a potential 50x (5,000%) meaning each $1,000 could turn into $50,000 and each $10K into a half a Million, potentially. Still not bad and we think one of the best opportunities in the market, at least for us.
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FACT is that we expect the Stock to go up!
Although everything from revenues with the GCAC's app etc. to implementation of our proposed revenue/cash-flow plan depends ultimately on GCAC management decisions and business plan implementation/execution, based on our extensive research (which is our personal opinion only and not intended as investment advice or anything like that and not a solicitation to buy any securities in this company or any other company) at this time we're very optimistic that these things will all pen out accordingly and produce the desired results.
We wish we could elaborate on the plan(s) and the vision, but the company needs to do that (release the pertaining news, etc.) first once certain logistics are in place, which shouldn't take too much longer we think (speculative at this time).
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FUAPF on U.S. OTC: https://www.otcmarkets.com/stock/FUAPF/overview
APP.CN in Canada: https://thecse.com/en/listings/technology/fundamental-applications-corp
... and in Germany: https://www.finanzen.net/aktien/global_compliance_applications-aktie
HighYieldStocks
5年前
FUAPF just turned $20K into $3 Million for their balance sheet within a couple of weeks virtually eliminating debt, etc. While based on that alone FUAPF (GCAC - Global Cannabis Applications Corp) stock price should quintuple (from $0.18 to $0.90) or more, IMO, the stock is still trading at a huge discount. The company bought 100,000 GCAC Token from the total pool of 200,000 GCAC token, ... the first token for the medical cannabis industry
(https://www.dextools.io/app/uniswap/pair-explorer/0xf22645743415d8c06d78c8a4f0ea214041b4544f )
and since the GCAC token is the hottest token around (far above Dogecoin, etc. performance) the investment already paid off big time for FUAPF, but much more is expected to come.
On Monday (4/26) at 6:00 AM PT / 9:00 AM ET Abbey Technology CEO Brian Collins (Abbey Tech launched the GCAC Token) will talk about CrossFi how it can shake up the crypto-world as we know it. Very exciting! ... and there will be prize winners among the listeners, so tune in:
Make sure to drop in to the Blockchain Infinity Telegram group at 1PM UTC on Monday April 26th to find out how #CrossFi can shake up the crypto-world as we know ithttps://t.co/7bZIuxUUW4$GCAC pic.twitter.com/4UGBnF9kAA— GCACToken (@GcacToken) April 22, 2021
HighYieldStocks
5年前
GREAT NEWS FOR GCAC (Global Cannabis Applications Corp, U.S.: FUAPF) ... HUGE POTENTIAL HERE:
High-growth FUAPF (GCAC - Global Cannabis Applications Corp., also traded in Canada: APP, as well as in Frankfurt/Germany) took a breather like all tech and cannabis stocks over the past couple of weeks. But last week we received major news and developments about FUAPF. FUAPF shares didn't have a real selloff, but are basically unchanged at $0.21 in the U.S. (cdn$0.26 in Canada). There was some volatility though. Also, in order to increase shareholder value the company reduced their outstanding shares by over 13 million shares.
We expect to see a double (+100%) soon here, IMO. More interesting though, IMO, is the gigantic 50x upside potential in FUAPF. This estimate is based on the company's published and expected annual revenue of at least cdn$48 Million up to approx. cdn$74 Million within the next few years. The company and its CEO explained the revenue growth and acceleration in detail. The other day, the company released a new Investor Deck (these links may not work on all PCs, phones, tablets, etc. ... just give it a try or search for it): https://cdn-ceo-ca.s3.amazonaws.com/1g593bs-GCAC-+IR+MARCH+18+FINAL+V.2.pdf ( or download it here: https://cannappscorp.us13.list-manage.com/track/click?u=5c33ba56923de88003b592b74&id=9d5670fe20&e=0f01d1e58d )
Last week, GCAC (FUAPF) CEO Brad Moore was the keynote speaker at the "Emerging Growth Conference" and he gave an excellent and very extensive video presentation about the company's unique and leading cannabis technology like Efixii, which now has also a Covid testing feature:
With FUAPF we have a genuine high-growth company and stock at hand. This means less trading effort and more long(er) term investing. For those traders/investors who want to, it can't hurt to lock in profits after a quick 100-200% run to the upside, but it's important to buy back the pertaining shares/position quickly during consolidation or correction phases. You don't want to miss out on major upward moves in this stock.
Obviously, the stock is in a strong upward trend as it gained +2,300% over the past 7 months and/or +1,933% over the past 6 months. During that period, it has been one of the best-performing stocks in the market in general. We're mostly interested in the longer-term growth of potentially +5,000% within the next few years.