GNCC Capital, Inc. (OTCPK:GNCP) has confirmed that the company is holding talks for further acquisitions. however, following a large number of stockholder enquiries after the posting of an Internet Blog and Press Release, claiming that GNCC was negotiating to acquire a Chinese Toy Manufacturer, the Company has categorically denied that it is (or was) at any time, engaged in any such talks. The company has, on the other hand, confirmed that it is now that it is in very detailed and final negotiations to acquire a 100% interest in an established Company based in California and operating in the "Internet SEO and Social Media" space.

The company expects to conclude these negotiations very quickly.