A response. This post was a sticky on the I-HUB GD
Post# of 390
$b_rich$
Wednesday, March 07, 2012 11:59:27 PM
Re: skeptical159 post# 53555
Post # of 90498
your posting sounds familiar you just "joined" ihub on March 1, 2012..hummm...but I guess you're entitled to your opinion. The facts are this...they've done filings and issued press releases in regards to all that's taking place. All one has to do is look. Oh yea...why don't you give Mr. Lovito a call as well.
Meow
you can find his number in this post, btw:
smitter Share Saturday, March 03, 2012 6:39:29 AM
Re: None Post # of 53558
My Conversation with Marc Lovito
1.) Phase 1 fully Funded and already in the Process No proof this was funded in any filing.
2.) NO Dilution O/S Unchanged False - O/S rose as Jason Cooper and Marc and Paul Lovito sold shares and GDSM sold 50M shares.
3.) OTC uplisted will happen sometime around Phase 3 Now Feb 1st and still no up list.
4.) IR firm will be hired between phase 3-4 False - NO IR firm ever hired.
5.) 43-101 will be posted on Website once completed with all Drill holes and details False, NO NI 43-101 report ever started.
6.) Marc likes talking to shareholders and wants everyone to call and say hello. 1-(954)-218-2217 False - never responds to calls or emails.
7.) GDSM is the FInancing Arm so all projects will go through GDSM
HUGE!!! False - no funds or financing were ever done on the GS and GC claims.
8.) WSRA and GoldTech Engineering combined for over 100 Yrs experience. GDSM is in Great Hands False, WSRA has never brought a single mine into production.
9.) GS already Mapped out and a Game Plan is intact and already Started False, no MPO or business plan was ever done.
10.) NO PROMOS NO PROMOS. When Marc is Ready to Promote GDSM it will be Legit and No Shares will be Used. Phase 4 time frame if i understood him correctly. GDSM was pumped with shareholder updates and BS PRs.
11.) T/A will be contacted and the process of Ungagging will be looked into. He did not even know it was gagged and was never even asked about it. False - TA remains gagged as of Jan. 2013.
12.) He goes the Bathroom around 8am everyone morning.
LOL just kidding i did not ask that
13.) Private investors will be kept Private until he is ready to unveil them.
14.) Marc wants all GDSM shareholders to know he is there for EVERYONE of you. He even mentioned Shareholders that have been holding for Years. All of them will be Rewarded.
15.) He apologized about the misunderstanding of the 8k. For Pink Sheets the Supplement is an 8k there exactly the same. I told him many of us took it the wrong way. He then realized and apologized.
16.) The Whole DEAL has been structured under the Current O/S the Shares that were given to WSRA in 2009 were already included under the O/S so no Change. The Private Investors are not Selling those shares. 4M of those Series E shares were sold by WSRA and converted into common shares, maxing out the O/S. Massive dilution resulted.
17.) Marc is not sitting on his hands and is pushing this project as hard as he can!!!!
18.) He mentioned the Warrants and his Private investors have no interest in selling shares at all this cheap. They all know the Potential of this deal and where it's headed.
Remember Folks Everything happens within Gold Coast False - nothing happens at GDSM except they keep selling more shares.
Smitter SMTT