GDSM can't even get their attorney letter and they
Post# of 390
GDSM can't even get their attorney letter and they think they will be accepted to the OTC?
Maybe they should review their last two financial statements.
Quarterly Disclosure Statement March 31, 2012
Gold Coast Mining worked diligently to bring its financial filings and disclosures current on Pink Sheets. The Company has filed all delinquent reports and returned to CURRENT INFORMATION status on the Pink Sheet Tier system. In the last quarter, a total of 135mm new shares were issued to eliminate debt and share issuance obligations, as well as to secure capital for legal, accounting, Pink Sheet Subscription fees and other necessary expenses to bring the Company’s filings current.
http://www.otcmarkets.com/otciq/ajax/showFina...f?id=83293
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Quarterly Disclosure Statement June 30, 2012
Gold Coast Mining worked diligently to bring its financial filings and disclosures current on Pink Sheets. The Company has filed all delinquent reports and returned to CURRENT INFORMATION status on the Pink Sheet Tier system. A total of 125mm new shares were issued to eliminate debt and share issuance obligations, as well as to secure capital for legal, accounting, Pink Sheet Subscription fees and other necessary expenses to bring the Company’s filings current.
http://www.otcmarkets.com/otciq/ajax/showFina...f?id=89815 P.9.
That 10M share discrepancy will need to be explained or corrected.
On Dec. 21st, 2011 Marc announced that he was seeking a registered accounting firm to handle the uplisting and that was 10 months ago.
Their first step will be to hire the firm - no problem, Marc will just dump some stock to pay for it. Then they will do the filings and apply to the SEC. If they get excepted (doubtful) then they are required to file two quarters of audited financial statements. Total cost $25K to $50K . Total time 8 to 12 months.