Thursday, March 08, 2012 11:31:04 AM
The CEO, Mr. Marc Lovito called me back about 20 minutes ago.
What a great guy to speak with, I was very surprised and please he took the time to call me back. I thought we had a great conversation, while understanding he cannot disclose any substantial information without violating the sharing of insider information.
For "Long" term investors, Please take note:
1)Mr, Lovito is pleased that things are progressing very nicely & according to plan
2)Phase 1 is moving forward with testing and analysis AND is fully funded
3)He was very upfront and honest concerning current stock prices. Right now he is more concerned about focusing on the bigger goals for GDSM rather than stock prices. He is very aware what is going on with pps as he quoted to me what the high pps was in the 3's and the current volatility and the movement the pps has had over the last several months. He is fully aware of what beig in the pinks does but is also well knowing that GDSm is "Not your average" pink stock.
4)Uplisting is coming but it is going to come in accordance with their business plan and the execution thereof. IMO, a little later this year. Uplisting WILL COME, patience is key which I know is not a word many are familiar with.
5)Someting to keep in mind: The stock price has come along way in a few months and it has done so ON IT'S OWN. GDSM has done nothing to influence the pps.
6)THERE HAS NO BEEN ANY DILUTION..PERIOD
7)We also spoke about the transparency of the company and communicating to shareholders
6) Mr. Lovito is very committed to the shareholders and is not gojing to get involved in any P&D schemes. He is way more interested in pricing that will reflect the tru valuation of the company once we are farther along in the processes.
Very good conversation, I am more confident in GDSM than I was before the call ( I already was confident), but like he and I talked about, this is a process that is NOT going to happen overnight.
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