Hiding
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LMAO.
For every sell there is a buy, someone SOLD 2mm as well, so whoever the sucker was to buy them just made another payment on Shea's Timeshare for him......
GLTY
SHEA D has been babbling this BS for years, there are not any Audited Financials, nor will there be. This clown is just getting rich off of people who will believe in anything.
Ask him how the gold mine is coming along that he and the Lovito clan were building (Without equipment other than a shovel and 5-gallon bucket)
This dirtbag is nothing but a crook, and deserves a dirt nap in my opinion.
I wouldn't call $200 in shares being traded a glorious day ever, it's lunch money for Shea and his crooks. LMAO
Don't you mean 2mm share dump? For every buy there has to be a sell. I know you know this too.
First of all, I NEVER said a few R/S's so I would appreciate us having an honest conversation. Furthermore, the mere fact that anyone would bother to back these crooks makes me suspicious of what that person represents. I do not need to provide anything to anyone, if you care to do the DD so be it, if not I really could care less.
MANY investors have been here 10+ years, and are VERY aware of the crooked dealings that come with this group of crooks. Lovito, Shea and Caruso are proven SCAM artists, nothing more.
I can say with 100% conviction that EVERY Company any of these crooks have been associated with has been defunct and/or gone out of business, these crooks falsify documents and publish phony PR's as part of a complete charade only to line their pockets and increase their bank accounts.
GLTY
I'm sorry to burst your bubble, but it is all true, I have been here since 2009. You have to go beyond Shea and see the falsified documents that were presented to shareholders. And Shea was just brought in to carry on the charade with his own band of crooks, and it worked for them. EVERY PR was a lie, and there were TWO Reverse Splits. Perhaps one before Shea so I apologize for that, but this POS is nothing more than a SCAM, ALWAYS has been and ALWAYS will be. IMO
Trust me on this, dig deeper than 2013 and be prepared to have your mind blown, these crooks are all friends, and they lie, cheAt and steal at every opportunity.
GLTY
Yes Sir,
This Company was Gold Coast Mining (GDSM)when Shea took over, he was hired by another band of crooks who owned the shell for many years. During he tenure as CEO of Gold Coast Mining, he not only lied about everything there is to lie about when it comes to mining, he also was solely responsible for TWO reverse splits, taking the float from 750,000 to 6,000,000,000 shares within 15 months.
Some of these shares were actually given to shareholders who invested upwards of $25,000, only to lose their ass when Shea flooded the O/S with over 2B shares at first, then another 3.5B 6 months later, selling off his shares after posting untruthful PR's that never amounted to anything they claimed.
The whole time, Shea was telling shareholders that they were getting audited financials prepared blah blah blah. Turns out that the firm he claimed to be using was in the city where a really good friend of mine lives, he went to the location, and it was a home, and the people there said, "We have never heard of Michael Shea or Gold Coast Mining." They were also NOT a CPA firm of any kind, never had been.
I wish you the best, in my opinion, stay far far away from anything associated with Michael Shea, he is a crook, and works with other crooks to steal people's investments.
If you have time, go back in my post history to about 2013, winter, and you will find everything you're looking for from then on, quite the charade, and it continues here today with the BS marijuana garbage.
HAHAHAHAHAHAHAHAAHAHA!
About 1,200 other people too, these crooks only care about one thing, stealing hard earned money from decent people.
Everything out of his mouth has, and will always be, a big fat lie.
Thanks!
Rich88, I get my information from doing my due diligence, furthermore, I have followed this turd since it was a shell selling Cinnabon 15 years ago.
All that is necessary is to read the previous ownership schedule of these crooks and you will see it changes hands about every 18 months, and does an R/S as well. EVERY single time it's in the middle of the night when investors are not watching, then some BS news is published, SHEA and his band of crooks sell off 2B shares and then crash it.
I can only suggest doing the DD so you can see first hand what type of people these crooks are. As a matter of fact, Google Earth the address for the Corporate Office, is it still in Shea's backyard on the farm?
GLTY
Just an fyi for anyone considering investing in anything Shea related.
This "Shell" has been 13 different companies in 17 years, each and EVERY one of them has R/S'd to the tune of over 6B shares, and each and EVERY time it happened in the middle of the night without warning, and without this crook letting investors know until after his tight little group unloaded 2B of them.
While I am NOT here to tell anyone how to invest their money, in my strong opinion, do not invest in anything related to Shea and his band of crooks, you will lose you investment eventually, and Shea will not give a rats ass about your "Donation" to his bank account.
GLTYA
It certainly will not. The 17 year history of these crooks speaks for itself. And, IMO, anyone who promotes such drivel, should be banned from posting their nonsense going forward.
The only place Shea and hi band of crooks should be in in prison, PERIOD.
GLTY
Yep, and Shea has been in bed with some shady characters over the years too. Not to mention he is full of you know what!
I listened in on one of his "Shareholder" conference calls, I couldn't believe the crap flying out of his mouth, could be the most dishonest man on Earth. Yet some folks still believe the drivel he serves up. That is until he buries another company, and takes their investment. This one won't be long to change its name as well.
This has been 9 or 10 different shell corporations in the last 13 years, ALL of them have failed miserably, however, Shea has a beautiful home and a nice yacht. Not difficult for the intelligent to figure out in my opinion.
GLTY
Yep, and Shea had been in bed with some shady characters over the years too. Not to mention he is full of you know what!
I listened in on one of his "Shareholder" conference calls, I couldn't believe the crap flying out of his mouth, could be the most dishonest man on Earth. Yet some folks still believe the drivel he serves up. That is until he buries another company, and takes their investment. This one won't be long to change its name as well.
This has been 9 or 10 different shell corporations in the last 13 years, ALL of them have failed miserably, however, Shea has a beautiful home and a nice yacht. Not difficult for the intelligent to figure out in my opinion.
GLTY
HAHAHAHAHAHAHAHA!
Awesome post!
GLTY
I concur, and why hasn't the SEC arrested them?
Reality set in, and it was realized that they were SCAMMED out of their investment. even after several warning signs.
Seriously? Go have a look at EVERY company Mike Shea has been involved with, he's buried them all while paying for his house and yacht.
Do some DD here, this a HUGE scam that has been running for decades now.
GLTY
This could very well be the funniest post EVER!
Gold, ahahahahahahahahaha. Better yet, they need to open the Cinnabon company back up, at least there's something tangible that they actually could produce with just an oven.
Shea's been at this for 20+ years, he personally has bankrupted over 10 companies. All the while robbing investors of their hard earned money with such drivel I cannot believe anyone would consider investing in anything associated with him at this point.
GDS*, his "Gold Mining" SCAM back some years, had made claims to deposits that were piles of dirt situated on ecological preserves, he actually said they would be mining without permits! lmao
Shea is a complete douchebag, and hopefully will rot in prison soon enough.
GLTY
Best news I've heard, these PROVEN crooks finally getting what they deserve.
Nice to see you on the correct side WICKW, maybe we can ask Shea how those Audited Financials from 2005 are coming along?
HAHAHAHAHAHAHA
Are there some here really still pumping this BS?
Hope you can bounce back, these criminals are what they are. Bottom feeders, and the more support they get, the worse they become.
Best
000's as predicted, SHEA = SCAM He's been doing it for 15 years.
Wait, you had said this was the best stock since sliced bread, for years!
GDSM is soon to follow, five of these PHONY MJ Companies have been shut down in 24 days:
Sector Security
The Financial Industry Regulatory Authority (FINRA) website openly discourages investment in marijuana stocks, stating that "there is likely no opportunity" for investors, further stressing the minimal reporting standards of the OTC markets.
Management is in the spotlight for companies in the marijuana space, because the decisions they make for their company can positively (or very negatively) impact the entire industry.
A way for 'high-up' management to improve transparency and investor confidence would be to self-report financial information and company details that exceed the minimum OTC requirements. This move could help distinguish legitimacy in the space, and discourage further SEC involvement. Managerial leadership is a crucial aspect to the cannabis-sectors' longevity, so exceeding expectations could go a long way.
The OTC markets are notorious for hosting companies with no real business. Benzinga analyst Joel Elconin referred to the OTC market as the "Wild Wild West," noting that the lax parameters of OTC policy creates an environment where "there are no rules."
Authorized Shares 65,000,003,000 a/o Mar 26, 2014
65B!!!
LOL
What? This was the next BIG THING!
HAHAHAHAHAHAHAAHA
The A/S has been raised to 6.5B LOL
Salaries need to be paid, fake PR's and increase the A/S to dump more shares.
LIES, DECEIT and REPEAT!
Here we go again! Amazing what these crooks get away with!
MJ News? LOL
Do these complete morons that run this phony operation have any clue what it takes to get into that market? They can't wake up one day and say, "Let's sell weed."
It takes YEARS to acquire permitting to sell MJ in any state, not to mention the GOVERNMENT has to approve the company as a legitimate source, wow, this group of crooks can get anyone to believe anything, scary.
The A/S will HAVE to be increased to at least 6B now to cover the Preferred Series E Shares! 500M more dumped shares to all of the newbies who have no clue what theses crooks are up to now.
GDSM in the last four years:
Gold Mining
Oil Drilling
Natural Gas
And now Marijuana? What a f*&%ing joke.
over 100m shares dumped in two days. salaries needed to be paid.
These are converted shares being unloaded into the O/S, nothing more
DEAD is DEAD
STILL ZERO BID! LMFAO
Oh please, go to pinksheets.com and check the share structure, any savvy investor can understand it.
The A/S went from 750M to 3.5B in 11 months, and the O/S went from 648M to 2.3B in that same time frame. Need a calculator? That is over 1.6B shares DUMPED by the CEO and his band of crooks. And he was spewing the same BS there that he is here, and look at what that has done for the pps in ILST!
Plummeted to its LOWEST point EVER. LMFAO
Great Opportunity? To lose all of any investment to a bunch of scam artist trying to make their house and boat payments! lol
Not a chance, the CEO here is a liar and a thief. Proven fraud.
Steadily down to its LOWEST pps EVER, way to go Mr. Shea. Buried another group of investors to line your pockets.
Disgraceful.
What? Mr. Shea is still the CEO here, he was the one who raised the A/S to 3.5B a full month before letting investors know about it. And during that time, DUMPED over 1.5B shares on investors with FAKE PR's and BS News that still has not amounted to anything.
Where are the AUDITED FINANCIALS we have been waiting on for FOUR YEARS! LOL
GLTY TT
BUYER BEWARE - MINING SCAM
Mr. Shea has put his stamp on this stock too, plummeting from .0028 down to .0006 in less than three months! Same BS he pulled at GDSM, dumped Billions of shares on the bagholders and ran for the hills!
IMO, get out while you can, he will have this at ZERO bid soon enough, just like EVERY other stock he has ever been involved with.
Mr. Shea is a cancer, and will take every investors dime he can!
I couldn't agree more, this MGMT group at GDSM should be tossed in prison and have the key thrown away. Grand Larceny is a serious crime, and GDSM has stolen Millions from its investors.
GLTY
LG, there is no explanation, it's pure speculation and hype in hopes others will buy their shares so they can get out. IMO, do not believe a word posted here by these promoters, do the DD, and you will see GDSM for what it is.
A COMPLETE and TOTAL SCAM to pilfer the pockets of its investors by lying, falsifying documents and hiding crucial information from them for months and years in most cases.
BUYER BEWARE
Yes, and Mr. Shea knows him VERY well, I would say Mr. Shea is about to run for the hills. And rightly so.