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Major tankage!!! Where's the oil they supposedly have? I know where!! Nowhere!!!!! Claiming they have revenues coming in was just another fluff pr from a bs company.
Notes being converted, insiders dumping shares! Absolutely no value here!!!
Nothing but a paper selling gold scam. Pinky scams = ruin. GDSM just another stinky pinky!!!
Look at the dumping!!! Typical toxic scam!!
Item 3.02 Unregistered Sales of Equity Securities.
On August 22, 2012, the Company issued 500,000 shares of Common Stock to Sam Butero, an employee, in connection with an employment agreement. The securities were issued in a transaction pursuant to Regulation D under the Securities Act of 1933, as amended (the “Securities Act”).
On September 5, 2012, the Company issued 1,918,977 shares of Common Stock to Prolific Group, LLC upon the conversion of $9,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 7, 2012, the Company issued 12,000,000 shares of Common Stock to GEL Properties, LLC. upon the conversion of $45,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 10, 2012, the Company issued 5,294,118 shares of Common Stock to Asher Enterprises, Inc. (“Asher”) upon the conversion of $18,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 3,882,353 shares of Common Stock to Asher upon the conversion of $13,200 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 10,000,000 shares of Common Stock to La Jolla upon the conversion of $5,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, La Jolla elected to purchase 1,818,182 shares of Common Stock for $50,000 pursuant to the Equity Investment Agreement, which shares have not yet been issued. The securities are to be issued in a transaction pursuant to Regulation D under the Securities Act.
On September 12, 2012, the Company issued 5,000,000 shares of Common Stock to Ironridge Global IV, Ltd. in connection with a court approved settlement agreement relating to $1,388,407 in outstanding accounts payable, accrued compensation, accrued interest, and notes payable of the Company. The securities were issued in an exempt transaction pursuant to Section 3(a)(10) under the Securities Act.
Watch the continued dilution and notes being converted and the price continue to drop like a stone.
Typical paper printing scam!!!!
Item 3.02 Unregistered Sales of Equity Securities.
On August 22, 2012, the Company issued 500,000 shares of Common Stock to Sam Butero, an employee, in connection with an employment agreement. The securities were issued in a transaction pursuant to Regulation D under the Securities Act of 1933, as amended (the “Securities Act”).
On September 5, 2012, the Company issued 1,918,977 shares of Common Stock to Prolific Group, LLC upon the conversion of $9,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 7, 2012, the Company issued 12,000,000 shares of Common Stock to GEL Properties, LLC. upon the conversion of $45,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 10, 2012, the Company issued 5,294,118 shares of Common Stock to Asher Enterprises, Inc. (“Asher”) upon the conversion of $18,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 3,882,353 shares of Common Stock to Asher upon the conversion of $13,200 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 10,000,000 shares of Common Stock to La Jolla upon the conversion of $5,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, La Jolla elected to purchase 1,818,182 shares of Common Stock for $50,000 pursuant to the Equity Investment Agreement, which shares have not yet been issued. The securities are to be issued in a transaction pursuant to Regulation D under the Securities Act.
On September 12, 2012, the Company issued 5,000,000 shares of Common Stock to Ironridge Global IV, Ltd. in connection with a court approved settlement agreement relating to $1,388,407 in outstanding accounts payable, accrued compensation, accrued interest, and notes payable of the Company. The securities were issued in an exempt transaction pursuant to Section 3(a)(10) under the Securities Act.
Misdirection is the name of the scam game. They show you a pretty bauble in one hand while the other is reaching into your wallet.
They might look at financing them if there was any chance of WSRA actually having any real product.
As it is, there is nothing here, so nobody is looking at this turd!
Oh, lookie here! Another pos scam!!!
With the GDSM scam, the probability of a catastrophic loss is 100%. All but one of the fluff pr's has resulted in a drop in share price.
This pos is dropping like a stone and nobody with any real information isn't touching this garbage with a ten foot pole.
Not going to happen. Lovito is milking this scam to its fullest.
What a joke!
Already know too much about this paper selling scam.
Called Peter yesterday and asked him about the paperwork Lovito was supposed to send. Was told he never heard of Marc and not familiar with Gold Coast Mining.
Don't forget the uplist that will never happen.
They will. They need to sell more paper. An R/S is inevitable.
Of course, the sampling never happened. Just a bunch of lies to pump up this scam. Lovito is loving selling all the worthless shares.
Already putting together the complaint to the SEC about it.
Typical gold mining scam. Just putting out fluff to pump the price. Nothing of substance in this turd.
Been falling like a stone for the longest time.
GDSM=SCAM!!!!
And yet it needs these......
Item 3.02 Unregistered Sales of Equity Securities.
On August 22, 2012, the Company issued 500,000 shares of Common Stock to Sam Butero, an employee, in connection with an employment agreement. The securities were issued in a transaction pursuant to Regulation D under the Securities Act of 1933, as amended (the “Securities Act”).
On September 5, 2012, the Company issued 1,918,977 shares of Common Stock to Prolific Group, LLC upon the conversion of $9,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 7, 2012, the Company issued 12,000,000 shares of Common Stock to GEL Properties, LLC. upon the conversion of $45,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 10, 2012, the Company issued 5,294,118 shares of Common Stock to Asher Enterprises, Inc. (“Asher”) upon the conversion of $18,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 3,882,353 shares of Common Stock to Asher upon the conversion of $13,200 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 10,000,000 shares of Common Stock to La Jolla upon the conversion of $5,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, La Jolla elected to purchase 1,818,182 shares of Common Stock for $50,000 pursuant to the Equity Investment Agreement, which shares have not yet been issued. The securities are to be issued in a transaction pursuant to Regulation D under the Securities Act.
On September 12, 2012, the Company issued 5,000,000 shares of Common Stock to Ironridge Global IV, Ltd. in connection with a court approved settlement agreement relating to $1,388,407 in outstanding accounts payable, accrued compensation, accrued interest, and notes payable of the Company. The securities were issued in an exempt transaction pursuant to Section 3(a)(10) under the Securities Act.
Strong sell here!! Nothing but fluff!!!
Never going to uplist. Nothing but fluff to pump this scam up.
This sure looks like debt to me!
Gold Coast Mining Corp.
Quarterly Disclosure Statement
September 30, 2012
Accounts payable - $70,774
Notes payable - $6,150
Note payabe - $229,470
Accounts payable and accrued expenses - $2,900
Liabilities from Discontinued Operations $551,615
Through December 31, 2011, the Company had incurred cumulative losses of
$11,615,963. As of December 31, 2011 the Company had negative working capital of
$214,170.
Item 3.02 Unregistered Sales of Equity Securities.
On August 22, 2012, the Company issued 500,000 shares of Common Stock to Sam Butero, an employee, in connection with an employment agreement. The securities were issued in a transaction pursuant to Regulation D under the Securities Act of 1933, as amended (the “Securities Act”).
On September 5, 2012, the Company issued 1,918,977 shares of Common Stock to Prolific Group, LLC upon the conversion of $9,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 7, 2012, the Company issued 12,000,000 shares of Common Stock to GEL Properties, LLC. upon the conversion of $45,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 10, 2012, the Company issued 5,294,118 shares of Common Stock to Asher Enterprises, Inc. (“Asher”) upon the conversion of $18,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 3,882,353 shares of Common Stock to Asher upon the conversion of $13,200 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 10,000,000 shares of Common Stock to La Jolla upon the conversion of $5,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, La Jolla elected to purchase 1,818,182 shares of Common Stock for $50,000 pursuant to the Equity Investment Agreement, which shares have not yet been issued. The securities are to be issued in a transaction pursuant to Regulation D under the Securities Act.
On September 12, 2012, the Company issued 5,000,000 shares of Common Stock to Ironridge Global IV, Ltd. in connection with a court approved settlement agreement relating to $1,388,407 in outstanding accounts payable, accrued compensation, accrued interest, and notes payable of the Company. The securities were issued in an exempt transaction pursuant to Section 3(a)(10) under the Securities Act.
Tons of shares to convert here.
Wouldn't touch it with a ten foot pole.
Lovito is following the gold scammers play book to the letter. Telling everyone they have this, they have that, and when they are caught in the lies, they try to redirect the eyes to some earth shattering news to make people forget the lies.
Now it's claims of an uplist to help sell worthless paper.
GDSM is a scam. Pure and simple. Always has been, always will be.
Note holders having a field day here! Primed for dumpage!!!!
Item 3.02 Unregistered Sales of Equity Securities.
On August 22, 2012, the Company issued 500,000 shares of Common Stock to Sam Butero, an employee, in connection with an employment agreement. The securities were issued in a transaction pursuant to Regulation D under the Securities Act of 1933, as amended (the “Securities Act”).
On September 5, 2012, the Company issued 1,918,977 shares of Common Stock to Prolific Group, LLC upon the conversion of $9,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 7, 2012, the Company issued 12,000,000 shares of Common Stock to GEL Properties, LLC. upon the conversion of $45,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 10, 2012, the Company issued 5,294,118 shares of Common Stock to Asher Enterprises, Inc. (“Asher”) upon the conversion of $18,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 3,882,353 shares of Common Stock to Asher upon the conversion of $13,200 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 10,000,000 shares of Common Stock to La Jolla upon the conversion of $5,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, La Jolla elected to purchase 1,818,182 shares of Common Stock for $50,000 pursuant to the Equity Investment Agreement, which shares have not yet been issued. The securities are to be issued in a transaction pursuant to Regulation D under the Securities Act.
On September 12, 2012, the Company issued 5,000,000 shares of Common Stock to Ironridge Global IV, Ltd. in connection with a court approved settlement agreement relating to $1,388,407 in outstanding accounts payable, accrued compensation, accrued interest, and notes payable of the Company. The securities were issued in an exempt transaction pursuant to Section 3(a)(10) under the Securities Act.
They didn't do any sampling. Just posted some fake pictures on Facebook to hype the scam up.
It's done. Nobody is being fooled anymore. Stock price tanking. That's all folks!!!
You hit the nail square on the head. Nothing but fluff and lies with this so called "company".
Nothing but a paper printing press for the Lovitos here.
If I didn't know better, I'd say you want some shares here. LOL!!!
I guess you missed what I said. I don't buy garbage. Don't want any of this garbage.
Not even close to legit here. Pretty sad, really.
I don't buy garbage. And it won't even hit a tenth of that price. Company is a joke!
Reverse splits are used to artificially raise the price per share to create some hype.
Nothing but smoke and mirrors.
No support here. Nada! Lots of notes being dumped here.
Sell now! Holders will lose tons more!
Item 3.02 Unregistered Sales of Equity Securities.
On August 22, 2012, the Company issued 500,000 shares of Common Stock to Sam Butero, an employee, in connection with an employment agreement. The securities were issued in a transaction pursuant to Regulation D under the Securities Act of 1933, as amended (the “Securities Act”).
On September 5, 2012, the Company issued 1,918,977 shares of Common Stock to Prolific Group, LLC upon the conversion of $9,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 7, 2012, the Company issued 12,000,000 shares of Common Stock to GEL Properties, LLC. upon the conversion of $45,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 10, 2012, the Company issued 5,294,118 shares of Common Stock to Asher Enterprises, Inc. (“Asher”) upon the conversion of $18,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 3,882,353 shares of Common Stock to Asher upon the conversion of $13,200 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, the Company issued 10,000,000 shares of Common Stock to La Jolla upon the conversion of $5,000 of an outstanding convertible promissory note. The securities were issued in a transaction pursuant to Regulation D under the Securities Act.
On September 11, 2012, La Jolla elected to purchase 1,818,182 shares of Common Stock for $50,000 pursuant to the Equity Investment Agreement, which shares have not yet been issued. The securities are to be issued in a transaction pursuant to Regulation D under the Securities Act.
On September 12, 2012, the Company issued 5,000,000 shares of Common Stock to Ironridge Global IV, Ltd. in connection with a court approved settlement agreement relating to $1,388,407 in outstanding accounts payable, accrued compensation, accrued interest, and notes payable of the Company. The securities were issued in an exempt transaction pursuant to Section 3(a)(10) under the Securities Act.
Hence the huge drop in share price. Typical scam.
Nobody wants it. Plain and simple.
I'm glad I didn't buy into it. I was warned about this one some time ago.
I also learned long ago that pinks are always bad news.
Not someone I would trust. Screams red flag.
And yet he gets involved with one after another, after another, and so on.
You don't get involved with scam after scam if you are above board. A lawyer who throws himself to the fire repeatedly is doing it for a reason.
Not someone I'd be happy to see involved with my stock.