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Gold Coast Mining Corp. (GDSM)

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Last Post: 11/25/2014 9:10:31 PM - Followers: 1055 - Board type: Free - Posts Today: 8


GDSM, a company dedicated to serving the needs of the legal smoking community. From MJ-Xchange to MJ-Merchant, we strive to cater to your needs.



Dec 1st for the contest to be Officially announced

1000. 00  

Reward for a new company name for GDSM!!

Anyone who is a member and reading this can help name the new company name. The company is currently called Gold Coast Mining Corp. A new name reflecting the companies new ventures in the cannabis industry would be ideal. Gold Coast Mining Corp is now a company that is heavily involved in the cannabis industry and plans to capitalize on this emerging multibillion dollar industry by acting out its vertical business growth model.

 Submit your name here!! 

GOOD LUCK!!! Smile


Webcasts & Conference Calls 

September 30, 2014

 GDSM Presentation slides
GDSM Presentation     Press Play   

Conference Call  10/23/2014

It matters not what MJ stock you're interested in . If you smoke it or not, or if you don't even like it.
If you invested in it , it would be to your advantage to sign this petition.

Reverse Federal laws against Marijuana. | We the People: Your Voice in Our Government

Thank You


Company has built a CRM to market merchant services that currently has a database of over 2,000 dispensaries.

Read more...


The 420 Concept is your warehouse for competitively priced products. We carry the major brands, but are constantly searching out the artisanal manufacturer to bring truly unique products. While we certainly welcome retail stores, our focus in on the individual end user. Each purchase, regardless of size is important to us and we endeavor to provide the best customer service and fast ship times at the lowest cost.

Soon, we will be launching a “loyalty program” to reward our returning customers. Our mission is to serve our customers and we welcome any suggestions or ideas. So, welcome to the 420 Concept and we look forward to welcoming you as a new customer.


 Glass Pipes



               Desktop Vaporizers

 Detox Products 


MJ-Xchange is a unique, powerful and robust social media website with features including forums, personal pages, investment tools (e.g. live feed of the MJ Index), chat rooms, music, videos, games and much more. A professional SEO program is in place alongside a marketing campaign to build membership and drive advertising revenue.

States with upcoming votes in Nov.


Alaskans will have the first chance to make their state the third to legalize pot. A ballot measure to tax, regulate and legalize weed for adult recreational use was initially scheduled to be on the primary election ballot on Aug. 19, the earliest date of any states, though due to a timing issue in the state Legislature, it was recently moved to the general election in November. Anti-marijuana groups are hoping to keep it from passing. 

Pot has already been decriminalized and legalized for medical use in Alaska. A survey of Alaska voters taken earlier this year by Democratic-leaning Public Policy Polling found that 55 percent supported legalizing marijuana. 


While hopes for a successful push on legal weed in 2014 may be dwindling, pro-pot organizers have expressed optimism that they'll have a strong campaign for the state ready ahead of 2016. Efforts are underway to gather the required 259,213 signatures needed by July in order to get the legalization issue on the 2014 ballot -- but without serious financial backing, it's looking unlikely. Activists with the influential Marijuana Policy Project have said they're on board with a forthcoming ballot initiative to fully legalize the drug in 2016, when more voters will likely turn out for the general election. The group has also said that by then, they'll have had enough time to figure out which aspects of previous efforts have been successful in other states. 

Cannabis was legalized in the state for medical use in 2010 by ballot initiative. A poll taken earlier this year found that 51 percent of Arizonans supported legalizing recreational marijuana sales. 


A statewide initiative to legalize recreational marijuana failed in California in 2010, but reformers have expressed hope at finding success in 2014 and beyond. Activists gave up on a major petition effort earlier this year that would have put the issue of legalization to voters in November. There have also been efforts to gather support for the California Cannabis Hemp Initiative, though they lack the financial support other proposals had. While the momentum is certainly in favor of legalization in California, some prominent figures have urged organizers to wait until 2016, when demographics and voter turnout will be even more in their favor. 

Cannabis has already been decriminalized and legalized for medical use in California. Multiple polls taken last year found a majority of Californians in favor of legalizing pot, with one longstanding poll showing such support for the first time in 45 years of surveying the issue. 


Delaware only recently took steps to begin implementing a system for medical marijuana, but activists with MPP believe the state Legislature could push forward on a broader legalization bill. Delaware also doesn't have citizen ballot initiatives, so any such effort will need to come from state lawmakers. 

A recent poll showed that a majority of the state's residents would support such a move. 


Lawmakers in Hawaii have considered a number of bills to both decriminalize and legalize marijuana this year -- and killed them before allowing them to reach a full vote. Activists don't have a citizen ballot initiative process to allow them to pursue legalization, so they're hoping the pro-pot momentum will carry over to lawmakers in the Aloha State this year and beyond. 

Hawaii has already legalized cannabis for medical use, and lawmakers recently passed legislation to improve the system. A poll taken earlier this year showed that 66 percent of Hawaiians supported legalization. 


Bolstered by a November vote to legalize marijuana in Portland, Maine, pro-pot activists have announced the state as one of the top targets for legalization in upcoming election cycles. While initiatives to legalize through legislation have repeatedly failed votes in the state Legislature, MPP has announced plans to help coordinate a grassroots campaign to get a legalization measure on the ballot, though probably not until 2016. In the meantime, more communities appear ready to take legalization into their own hands. 

Cannabis has been decriminalized and approved for medical use across Maine. According to a PPP poll released last year, 48 percent of registered voters in Maine believe pot should be legal for recreational use. 


Maryland recently decriminalized possession of small amounts of marijuana following efforts by state lawmakers, and while some see legalization as the next step, it won't happen this year. A Democratic candidate for the state's upcoming gubernatorial election was a big proponent of the decriminalization push, and has supported legalization as well. Maryland's system only allows for referenda on already-passed legislation, so the state will have to rely on state lawmakers for action on marijuana. 

Maryland has also passed legislation legalizing cannabis for medical use. A poll taken this year showed that 50 percent of Maryland voters support legalizing marijuana. 


The deep-blue New England state is being eyed as a prime opportunity for legalization, with marijuana reform advocates pointing to high margins of support for previous pro-pot initiatives. Advocates with marijuana reform group Bay State Repeal have already begun laying the initial groundwork in order to begin coordinating a campaign to legalize pot via ballot initiative in 2016. A bill to legalize has also been submitted in the state Legislature, and is scheduled to have a hearing later this month. 

Massachusetts has decriminalized cannabis, and just last November passed a ballot measure legalizing it for medical use. Recent polls have support for legalizing, taxing and regulating cannabis hovering around 50 percent. 


Montana has had a checkered history with marijuana laws. Voters passed an initiative legalizing cannabis for medical use in 2004, but opponents have since taken various steps to amend the measure or repeal it altogether. Reform advocates remain hopeful that voters will support full legalization, with MPP announcing plans to support a statewide effort to legalize at the ballot in 2016. Pot reformers wasted no time following the 2012 election, filing a ballot question aiming to put the issue before voters in 2014. They later dropped the effort for this cycle. 

There are no recent statewide surveys to gauge current support for pot legalization in Montana, though previous polls have showed a majority of Montana voters supporting the decriminalization of marijuana. 


Marijuana advocates in Nevada are organizing an effort to force a vote on legalization as early as 2015. If that isn't successful, most organizers in the state and at the national level see 2016 as the best chance for a push. The liberal bent of the state makes it a popular target for reformers. 

Nevada has legalized medical cannabis, and last year the state passed a measure establishing a dispensary system to help increase access for sick citizens. According to a recent poll, 56 percent of Nevadans would favor legalizing cannabis for recreational use if the money raised went to fund education. 

New York 

Marijuana advocates have expressed hope that New York could become the third state to legalize marijuana, and perhaps the first to do it through legislation, though support for such measures has so far been minimal. Gov. Andrew Cuomo (D) recently came out in favor of efforts to loosen marijuana laws, though he has been hesitant to show support for a popular medical marijuana bill moving through the state Legislature. The governor has also announced a set of executive actions to give seriously ill patients access to marijuana. New York has no system for citizen ballot initiatives. 

New York has already decriminalized cannabis possession, though harsh penalties still exist for anybody found using it in a public place or showing it in public view -- a loophole that pot reformers claim has been abused by law enforcement. A 2013 poll showed 82 percent of New Yorkers in support of medical marijuana statewide, and one taken earlier this year showed 57 percent in support of legalization. 


Marijuana legalization advocates in Oregon began by approaching the issue from two sides, both pushing for a ballot initiative and lobbying state lawmakers for legislative action. The latter route appears to have failed for now. An earlier legalization effort, which was poorly coordinated and widely mocked inside the state, failed in 2012. Organizers knew there was plenty of room for improvement, and they believe they've found it with New Approach Oregon, a group supported by high-profile national donors that is seeking to see their legalization measure put into law and recently began collecting signatures. Two more legalization initiatives are also being pushed by Paul Stanford, a prominent marijuana business owner. Read more about the specifics here. 

Oregon has already decriminalized cannabis and legalized it for medical use. According to a poll taken last year, 57 percent of likely voters in Oregon support a proposal to tax, regulate and legalize marijuana for recreational use. 

Rhode Island 

Marijuana advocates had high hopes that Rhode Island would be one of the first in the next round of states to legalize. Because it has no citizen-initiated ballot process, Rob Kampia, the executive director of MPP, said last year that lawmakers in the state could undertake the effort. Gov. Lincoln Chafee (D) has appeared somewhat open to the idea, and pot reformers were confident that a push this year would be different than the last. Earlier this month, however, lawmakers killed a set of bills before they could get out of committee. 

Rhode Island recently decriminalized marijuana and passed legalized medical cannabis around 2007. A PPP poll taken in January found that 52 percent of voters in the state support legalizing pot for recreational use. 

Washington, D.C. 

Yes, we know that D.C. isn't a state. It's already taxed without representation, so it certainly doesn't need your snark about it. But either way, the District is set to decriminalize marijuana, pending approval from a congressional panel on a recently passed bill. Marijuana activists have also gotten the go-ahead to begin collecting signatures to get a legalization initiative on the November ballot. 

D.C. has already legalized cannabis for medical use and is expected to approve a bill to decriminalize the substance. A survey taken earlier this year found that 63 percent of the District's residents supported legalizing marijuana. 


Vermont has made strides to scale back marijuana prohibition over the past few years, with a successful measure to decriminalize and a separate bill to establish a system of dispensaries for the state's medical cannabis patients. Observers have seen the state's strong support for the reelection of Gov. Peter Shumlin (D), an advocate for marijuana reform, but not outright legalization, as a sign that voters could be ready to legalize. Another Northeastern state without a citizen-initiated ballot process, Vermont will have to rely on this push coming from state lawmakers. Legalization bills have been submitted, though some preliminary efforts are currently being bogged down by disagreements in the legislature. 

Polls have consistently shown Vermonters to be supportive of efforts to scale back prohibition of marijuana, but split on the issue of legalization itself. 




Lobbyist for giant corporations are one major reason why the cannabis plant is still illegal in the US. Cannabis can be used to make thousands of specialized products. And those cannabis-made products would become direct competition for the huge corporations that want to keep their profits soaring, so they fight to keep the cannabis plant illegal. - See more at:

The Company formed MJ Acquisition Corp., a Colorado corporation, to opportunistically seek/invest in marijuana related businesses. MJ Acquisition Corp. is actively reviewing mergers and acquisitions of grow facilities in the Colorado and Washington markets.


MJ-Merchant understands the challenges that the marijuana industry has faced in recent years. Together with our banking partners, we developed and introduced payment processing solutions for the marijuana industry. Marijuana businesses are different, whether you are a dispensary, a grow facility, or retailer/suppliers that serve the Cannabis industry, your needs for payment processing solutions are unique. MJ-Merchant provide custom tailored solutions to match your needs. With the recent change in banking regulations, MJ- Merchant is now able to provide real and reliable merchant bank services to those industries that have been shunned in the past.

Read more at:


Management Team:

President:  Michael F. Shea

Mr. Shea was recently appointed CEO, and he has more than 25 years of Corporate Finance experience having held senior positions at Citigroup, ABN Amro, GE Capital & Bank of America.

Shea’s background includes mergers & acquisitions, capital raising, structuring finance, restructurings and investor relations with for Fortune 1000 companies (e.g. Massey and URS), as well as, junior miners (e.g. Imagin Natural Resources and St. Cloud Mining). Mr. Shea’s experience has also included a position as Chief Financial Officer for a small-cap junior mining company listed on the TSX Venture Exchange, with full responsibility for audits, Exchange reporting, legal, investor relations and capital raising.

Mr. Shea’s success at structuring and completing capital market transactions for billion dollar companies is a timely advantage:

$15 billion of senior debt financings

$7 billion of fixed income issuances

$2 billion of M&A activity

$100 million of equity capital.




Share Structure

Market Cap $2,225,932 a/o May25, 2014
Shares Outstanding 3,919,887,086 a/o Aug 19, 2014
Float 3,919,887,086 a/o Aug 19, 2014
Authorized Shares 6,500,000,000 a/o May 25, 2014


Shareholders of Record 1,069 a/o Jul 16, 2013

FYI - The TA refuses to release any information about share structure to investors.
It is the policy of Continental Stock Transfer to not release share structure information for any company that they represent to the public. 
Mike Shea (GDSM CEO) is aware of this and is planning to change to a transfer agent that does not have this policy.




GDSM Daily Chart




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Current Price
Bid Ask Day's Range
GDSM News: Gold Coast Rolls Out "Green Leaf Analytics" in Maine, Targets New Areas 11/05/2014 09:20:00 AM
GDSM News: Gold Coast Executes Joint Venture to Provide Mobile Lab Testing & Reminds Investors of Today’s Conference Call 10/23/2014 09:20:00 AM
GDSM News: Gold Coast Announces Conference Call to Discuss Progress 10/16/2014 09:15:00 AM
GDSM News: Gold Coast Continues Colorado Push And Expands Into Other Geographic Markets 09/25/2014 09:15:00 AM
GDSM News: Gold Coast Execute Colorado Consulting Agreement with Colorado Marijuana Grower 09/16/2014 09:10:00 AM
#143254  Sticky Note NEWS jmhgolf 11/18/14 09:28:45 AM
#142785  Sticky Note You should visit mj-xchange and go to the fishmanszmit 10/31/14 03:50:10 PM
#142559  Sticky Note HIGHLIGHTS of 10/23/14 Conference Call: stocks2fly 10/25/14 12:22:17 AM
#139094  Sticky Note What a great time to be a part untamed72 08/19/14 11:34:52 PM
#137477  Sticky Note $GDSM has 3 Cannabis Business makemoney18 08/07/14 03:42:47 PM
#59633   Interesting that someone/Group, would take the time sending ttmasher 03/22/12 09:35:56 AM
#59632   Looks like a nice price spike right at RichieRich1 03/22/12 09:35:00 AM
#59631   alot of dips yeaterday, waiting for a more ironhand 03/22/12 09:34:34 AM
#59630   good morning to everyone here...stay strong and lets good deal 03/22/12 09:33:35 AM
#59629   GM IH.. Limitless1 03/22/12 09:32:19 AM
#59628   good morning everyone. ironhand 03/22/12 09:31:21 AM
#59625   This is going to be the color of Don Quixote 03/22/12 09:24:28 AM
#59624   Your right straight BS, soon enough the games Limitless1 03/22/12 09:23:52 AM
#59623   Unfortunately it is tommie0908 03/22/12 09:21:41 AM
#59621   Lets do this right today. steve48135 03/22/12 09:19:33 AM
#59620   GM folks!! I'm still in $GDSM for $20k breakout_trader34 03/22/12 09:19:07 AM
#59619   GM bud! And all! PhisHD 03/22/12 09:17:15 AM
#59618   GDSM looking to bounce off these lows IMO Logik 03/22/12 09:16:16 AM
#59617   Good morning to you as well Smitter and gzone 03/22/12 09:13:59 AM
#59616   Gm B Rich, I am ready for a Limitless1 03/22/12 09:09:28 AM
#59615   Yes. What you said. :-) Warmy 03/22/12 09:07:35 AM
#59614   Hang tight... come on marc!!! michaelangeloglass 03/22/12 09:03:23 AM
#59613   Good morning all! Let's have a better day:) $b_rich$ 03/22/12 08:56:47 AM
#59612   Good morning. Down day, overall, for the stock RichieRich1 03/22/12 08:53:48 AM
#59610   All in all not a bad day yesterday, LarryM1977 03/22/12 08:42:22 AM
#59607   yeap-don't wait to long--lol- ----------------------- Z732Z 03/22/12 07:42:38 AM
#59606   I agree with you. My previous post iamnobody 03/22/12 07:36:52 AM
#59605   Everyone hang on to those shares!!! mte 03/22/12 06:43:52 AM
#59604   I agree. The DD here is solid. mte 03/22/12 06:42:46 AM
#59603   Good Morning Smitt. Let's hope we have mte 03/22/12 06:34:01 AM
#59602   Good Morning, GDSM ' ers smitter 03/22/12 04:03:52 AM
#59601   Well said i totally agree. CA$HBAG$ 03/22/12 02:15:22 AM
#59600   Right on Wick! eom Rocky05 03/21/12 11:40:05 PM
#59599   Citrati - Excellent post.eom Rocky05 03/21/12 11:37:56 PM
#59598 duelittle2 03/21/12 10:30:00 PM
#59597   Yes sir I concur! :-) PhisHD 03/21/12 10:26:09 PM
#59596   These should be made as stickies for all Mac the Knife 03/21/12 10:25:55 PM
#59595   I'm gonna need the stock to drop to zgraen 03/21/12 10:25:19 PM
#59594   I got some new fundage to burn on zgraen 03/21/12 10:22:46 PM
#59593   Totally true. Citrati 03/21/12 10:22:23 PM
#59592   it is truly a shame there are so tommie0908 03/21/12 10:19:38 PM
#59591   Today was also a double bottom off of Warmy 03/21/12 10:18:40 PM
#59590   If I were him, I wouldn't post either. Citrati 03/21/12 10:16:49 PM
#59589   agreed 100% tommie0908 03/21/12 10:14:00 PM
#59588   That .012 gap open is a fluke on PhisHD 03/21/12 10:09:51 PM
#59587   He still reads the board with whatever time Doctah Shtock 03/21/12 10:04:47 PM
#59586   I hope he isn't the billionaire invested in jeff1981 03/21/12 09:57:47 PM
#59585   Exactly right Boxden 03/21/12 09:57:00 PM
#59584   The Bearish Engulfing signal is gonna spook some iamnobody 03/21/12 09:54:44 PM
#59583   What happened to Redshirt? I would like to smokestack 03/21/12 09:52:45 PM
#59582   Or even on Page 6 of the annual: PhisHD 03/21/12 09:50:03 PM
#59581   Very easy to see on Page 4 on PhisHD 03/21/12 09:47:25 PM
#59580   Yes it is sad, when money is involved chambers52 03/21/12 09:47:09 PM
#59579   It's sad what people do to scare people Boxden 03/21/12 09:38:07 PM
#59578   Citrati, The most recent proof of what you wickw50 03/21/12 09:20:49 PM