Marc Lovito and Michael Chaffee are in charge of G
Post# of 390
Lovito at GDSM is not transparent and neither is Chaffee at WSRA. I have researched mines and mining companies in Arizona for almost 4 yrs. It does not matter if they are pink or OTC or NASDAQ, if the only thing they do is mine investor's pockets, then they are placed on my target list to continue further research.
GDSM was on that list from 2009 when lots of people bought it on the Oro Cache and Sun Gold JVs with WSRA and both of them failed. WSRA replaced the SunGold with the Eagle mine and sold the SunGold!
Chaffee has transferred the Gold Crown lease from WSRA to himself. WHY! Is this legal?
So when GDSM announced a third rerun of those two previous failures my radar lit up and my first post was on Nov. 9th, months prior before many of the current investors ever heard of GDSM.
On my radar were the Lovito Brothers and their string of failed companies along with the fact that Paul Lovito had been charged with fraud. If he was innocent and had nothing to hide, why did he hide from the process server?
Quote:
The process server's affidavit indicated that he had spoken with Lovito's mailman who told him that Lovito and the “LBI Group” moved on a regular basis. The mailman had come across Lovito and the group on different routes. According to the mailman, Lovito never stayed anywhere for longer than two months, and the landlords were also looking for him. The plaintiff alleged that he had exhausted his efforts, which included checking public records, the telephone directory, and using two process servers.