NO PAYMENT DUE UNTIL OCTOBER PER FILING: Western Sierra Mining agreed to sell 40mm Series E Preferred Stock it received in 2009 from the Company to a group of investors for $400,000. These preferred shares were issued to Western Sierra Mining in 2009 as part of the parties previous joint venture efforts. Western Sierra Mining has agreed to apply these funds, on behalf of the Company, to the funding schedule above therefore completing the funding required for Phase I and II of the claims development
http://www.otcmarkets.com/financialReportViewer?symbol=GDSM&id=73887 I'm going to sticky this so people just starting some dd here can link to this filing:) Series E are on a 1 to 1 basis.
