GDSM was pumped on the I-SCAM site too many times
Post# of 390
GDSM was pumped on the I-SCAM site too many times to count, starting last Dec. when Marc stated:
Boston, MA., December 21, 2011
This team will work expeditiously to make Gold Coast a fully-reporting company and move to the OTC Bulletin Board Listing Teir. It is important that the Company seek to upgrade its listing status as its mining activities progress. This will make capital in the future not only easier to obtain, but cheaper to the shareholders.
Currently management is working with Western Sierra Mining to secure and finalize a project, with financing built in, that the two parties will operate within Gold Coast.
In the last quarter, a total of 125mm new shares were issued to eliminate debt and secure capital for legal, accounting, Pink Sheet Subscription fees and other necessary expenses to bring the Company’s filings current. As of this date, the capital structure of Gold Coast Mining is 579,887,086 shares issued and outstanding with 380,018,336 shares held in CEDE & Co (the tradable float).
Pathetic for a CEO who can't spell or proof read but nothing in Marc's bio indicates he ever attended any college!
Boston, MA., January 12, 2011 –
The Company continues to interview for a legal and accounting team to audit the Company’s books and records. The goal is to make Gold Coast a fully-reporting company and move to the OTC Bulletin Board Listing Teir.
(Marc finally hired a CPA to prepare the audits on Nov. 5, 2012 - almost a full year later!)
The Company has not and is not currently engaged in any capital raises or selling of shares. The issued and outstanding stock remains currently at 579,887,086. The Company intends to update shareholders on any share issuances that may occur going forward, along with the purpose behind any issuance.
The First Quarter Report shows what a liar Marc is! The O/S increased from 579,887,086 on 12-31-2011 to 629,887,086 on 3-31-2012!
Can you explain why these press releases are stated as BOSTON? The address in BOSTON is a condo on Beacon Street in a very expensive and historic building. It is owned by a Boston attorney who owns several condos in the same building.
What is the connection to BOSTON and who really controls GDSM?