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Published yesterday
I think the biggest piece of news today is the Interim Quarterly Report was filed. It shows a little income but that does not matter there is revenue. I was concerned that we slipped from Pink Current yesterday to Pink Limited because of non reporting. We should move back up now to Current. This is bigger than 99% of other pink stocks, we are getting reports, some declared income, new revenue streams and new deals.
I for one say thanks to Mike Shea for doing what you said you will.,
Have not researched industrial hemp except I know states are fighting with the Federal Government over the right to grow since it is also illegial to grow since like 1936. Kentucky sued to get their seeds back.
Cant build greenhouses or raise on public land even if leased
Some estimates for revenue if the MJ grow facility goes through. From $448,000 the first year to $128 million in the future.
http://moosedriverstocks.blogspot.com/2014/08/potential-revenue-for-gdsm-and-mj.html?m=1
I fully agree with you not the money to do all of it now and a start and building shareholder value by real revenues just trying to put some reason on the post on this board on the outrageous claims. I have lots of shares as many as I have seen people claiming so any of your projections would make me happy. Just can not stand some of the predictions. We get this started and the other components making money and we fly. Since it takes money to make money and Mike is moving forward.
43560 sg ft in an acre " Initially, there will be 2-3 (20 sq. ft. x 100 sq. ft.) greenhouses constructed. The property is approximately 40 acres and allows Gold Coast to construct additional greenhouses over time."
That is 2000 sq ft per greenhouse so three would be 6,000 sg ft or .14 acre.
When are they due for second quarter?
Really not sure you can say a great day. We have a potential revenue stream the deal still needs to be inked for potential revenue. The facility needs to be built, the grower needs a contract and payment, supplies have to bought it is going to take money or shares for the financing. Be nice to see quarterly filing and what the other revenue sources are doing and what the outstanding share count is. Someone is dumping. Be nice to see what the three other sites have generated for revenue. I am long and may be accused of bashing but trying to add reason to the discussion. Remember still up 100% from a few weeks ago.
Could it be what we are future partners in
Looks like Mike is recommending some samples on FB
http://moosedriverstocks.blogspot.com/2014/08/gdsm-reports-on-samples-from-co.html?m=1
GDSM to present Cannabis Investor Webcast on Tuesday Sept 30. You can register to watch. Somehow I missed this the end of July. http://moosedriverstocks.blogspot.com/2014/08/gdsm-to-present-on-cannabis-investor.html?m=1
I am sure there is some shorting but on the pennies for you and I reserve requirements are normally quite high. There is a site that shows the outstanding shorts once or twice a month. I just did not want folks to think a short squeeze was coming.
Just want to clarify a few points since I thought this a few months ago when 60% of the volume was short with a million shares a day. This is a post that was sent to me and help clarifies it. Just do not want someone to think there are a ton of shares out there for a squeeze.
An explanation of Finra's daily short volume.
(Courtesy of a post made by pantherj)
The daily short interest report from FINRA is as widely misinterpreted as any report ever put out. Yet, once a few basics are understood, it becomes very logical. The huge short volume seen in the daily reports are almost instantaneously covered; within a few milliseconds or a few hours at worst. The best explanation of this report, that I've ever seen, was posted by "Dave Patch" of "Investigatethesec.com."
Posted by: patchman Date: Wednesday, March 03, 2010 6:31:31 PM
In reply to: fourkids_9pets who wrote msg# 648 Post # of 951
Short Sale Volume Reporting’s are deceiving.
I spoke to FINRA today and found out some very interesting things that until now I did not fully understand. I knew there was something wrong with this transparency of information but was not 100% sure what it was. I think I have my answer and it was enlightening.
I was first directed to the Notice to Members memo dated 9/29/2009
www.finra.org/Industry/Regulation/Notices/2009/P120045
The individual I spoke with wanted to make clear that to maintain proper trade volume reporting accuracy, a trade with multiple legs in the trade would only be reported once in the volume reports. The example given would be.
Investor A is long 100 shares and wants to sell. They enter the order through their broker that is routed to a market maker. That market maker will go out and sell the stock into the market before they have bought the stock from you/your broker to close out their account. They do not take possession first as there is no guarantee they can sell the order into the market. By this Notice, the actual sale INTO the market is a short sale because the market maker sold the stock into the market BEFORE they had purchased the stock from you. It is a technicality since they know there position will be closed out minutes later when they go in and buy your shares. To avoid doubling up on trade volume and distorting the picture, only the sale into the market (consolidated tape) is recorded and not the second leg which was the sale transaction between seller and market maker.
So, this is why the short sale volume is high but also why the FTD’s and bi-Monthly short interest reports are not showing any indications of this volume. The short isn’t really a short it is the execution of a long sale by a market maker. The key language in the FINRA notice is this:
Quote:
--------------------------------------------------------------------------------
The Daily Short Sale Volume File will provide daily access to the aggregate volume of short sales in NMS Stocks and OTC Equity Securities reported to a consolidated tape and traded over-the-counter during regular trading hours on each trading day.
Replies:
7 members short of 1200 members on mj xchange
Missed this facebook post from 8 hours ago one meeting And yesterday went well
http://moosedriverstocks.blogspot.com/2014/08/missed-this-post-of-meeting-today.html?m=1
Just want to make sure that everyone reads the PR and what the goal is:
The goal is to conclude discussions/negotiations with a framework that can finalized by legal counsel.
It is for a framework that can be finalized by legal counsel. So all we know there were meetings, and has anyone considered we might not hear anything until it is finalized and the material event paperwork is ready to be filed with the SEC. This could be more than a couple of days. I just hate to see us get hammered by weak hands expecting a big run and PR immediately if we do not get an immediate release. Since working the legal and reporting requirements can take time. Just trying to ask for some patience on the board.
WILTON, CT / ACCESSWIRE / August 6, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM), sets return trip to Colorado.
Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is excited to announce that the Company will be returning to Colorado to complete its due diligence and re-convene with representatives of several, lucrative business opportunities. Meetings will take place next week and conclude on August 14th. The goal is to conclude discussions/negotiations with a framework that can finalized by legal counsel.
From 420 concept facebook meetings concluded screen shot
http://moosedriverstocks.blogspot.com/2014/08/gdsm_14.html?m=1
Curious what your order number is?
MJ sales first hour better than a day of medical MJ
Only except cash.
Might be the gold mine for us shareholders on the deal.
I am holding around the same amount and price.
Good luck.
An article on sales
http://www.vaildaily.com/news/9574640-113/marijuana-breckenridge-sales-cannabis
I just checked the Alexa rankings and GDSM has moved up over 400,000 sites worldwide.
http://moosedriverstocks.blogspot.com/2014/08/gdsm-alexa-ranking.html?m=1
Don't forget Mike has the MJ Acquisition Company registered with SOS in CO
I did not know of the Facebook page
Thanks
Got a few more screen shots, advertising products. Can't wait to here of deals and revenue. Interesting the comments on service.
I put the screen shots on my blog since on my phone can't seem to add them here.
http://moosedriverstocks.blogspot.com/2014/08/gdsm_13.html?m=1
Not sure how you can say excitement has cooled down. Been following since March and there were days only a couple million shares traded, a few weeks ago, there were still over 60 million traded yesterday.
What more can the SEC do except criminal charges against those involved, can't put them in a lower level
Finally an announcement what the new industry is telecom
http://moosedriverstocks.blogspot.com/2014/08/betw-announcement.html?m=1
I am thinking there has to be revenues generated. Would be nice to know if anyone has purchased any products?
Email for sale items for 420concept. Email marketing now
http://moosedriverstocks.blogspot.com/2014/08/gdsm-420-concept-sale.html?m=1
I am thinking nothing has not happened in years they become current, change names a RS very low share structure that Sean has some type of plan.
Let the run begin
Depending on what gets announced for the Due Diligence the company is doing for future revenue could be more.
Great day been here and holding a long time, exciting times ahead I believe.
Nice over 1,300 % increase since I mentioned it.
18 million and 8s gone for now
The new symbol BETW is effective 20 trading days after July 2. That is 31 or 1 Aug. Than it should get exciting once all the changes happen for the exchange with a very low float stock.
9 million and 7s are gone
I hope so believe in this company
Got to love the volume that took 5s out
What does NSCC do?
Does not look like investigations to me. Take your rumors elsewhere.
DTCC's subsidiary, National Securities Clearing Corporation (NSCC), established in 1976, provides clearing, settlement, risk management, central counterparty services and a guarantee of completion for certain transactions for virtually all broker-to-broker trades involving equities, corporate and municipal debt, American depositary receipts, exchange-traded funds, and unit investment trusts.
NSCC also nets trades and payments among its participants, reducing the value of securities and payments that need to be exchanged by an average of 98% each day. NSCC generally clears and settles trades on a T+3 basis.
Risk management is the primary function of DTCC and has been since the organization's inception more than 40 years ago. The company's risk management role entails effective and efficient identification, measurement, monitoring and control of credit, market, liquidity, systemic, operational and other risks for the DTCC enterprise, its users and the marketplace.
Events in 2012 underscored how the risk landscape is marked by an evolving array of threats that require DTCC to continuously rethink the way in which the organization and the industry at large respond. From DTCC's business continuity planning during Superstorm Sandy, which allowed the financial markets to remain operational, to the company's role in protecting the organization and its users from potential losses related to Knight Capital, DTCC builds on its experience and expertise to continually strengthen its risk management capabilities and, in the process, expands its footprint globally as a critical financial service provider.
With financial regulatory reform accelerating throughout the world, DTCC has worked continuously with supervisors globally to develop and maintain new and heightened risk requirements for financial infrastructures, such as central counterparties and trade repositories. Among these initiatives was the organization's ongoing and comprehensive response to the new CPSS-IOSCO Principles for Financial Market Infrastructures, which are helping to reinforce DTCC's risk management practices and standards.
In 2013, DTCC will continue to evolve its risk management framework in response to the current environment and potential new risks. As part of these efforts, the company is embarking on a multiyear investment in its risk systems and capabilities. DTCC is also moving expeditiously to finalize the CPSS-IOSCO self-assessment and disclosure framework.