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No it won't go up, they hid the fact they increased A/S 2B for more than 1 Year.
No gold found, no income, zero assets.
I sometimes wonder if Marc has many Aliases,
here to pump this turd?
They increased the A/S by 2B One Year Ago.
If it was a mistake in the filing, they would have it corrected by now !!
I guess in 1 year we will find out what the A/S is Today )-
And when Prefered shares are being sold.
Surely that is a very Naive assumption, you are basically saying both He and his Lawyer were Deficient.
Deceit is more likely, until they say the A/S Did Not change over 1 year ago, you have trust THEIR OWN filing !
It doesn't go on a yearly run if you chart this over 10 years.
Especially now when they have been caught, not updating shareholder for over 1 year of dilution, by A/S increase to 2B
http://sunbiz.org/pdf/44202215.pdf
I think that math works about right, and that is the Par Value of the 100M preffered shares.
2B commons Par val 0.01
100M preffered Par val 0.0001
http://sunbiz.org/pdf/44202215.pdf
Common sense requires facts and not knowing isn't fact.
1) The A/S increased 13 months ago. FACT
2) The stock went up a lot 1st Q 2012 then Timber. FACT
3) If someone took your advice and was long for 1 year,
they would now been down 98% FACT
Why trust when they wait 1 year to report new A/S ?
This is more concerning than a gagged T/A reporting the A/S
13 months late.
Fist 1/4 last year this went up a lot then Bump, thats when dilution occured.
I wonder what the A/S is Today, maybe we find out in another year?
The A/S increased to 2B over 1 YEAR ago, and only now we find that out.
Maybe we have to wait another YEAR, to find out what the A/S is Today?
http://sunbiz.org/pdf/44202215.pdf
If dare to buy last Feb 2012, i now down more than 90%
why people say this a good share to hold?
TIA.
After share strucure change, 1 penny needs to be 2.2 penny.
I think they cheat.
We see this Today, a new filed.
2B share now, also sreies E share much cheaper.
http://sunbiz.org/pdf/44202215.pdf
Was 750M enough shares, for E conversion share?
Why increase to $2B ?
is the A/S now higher? could mean many buyer?
Theoretical perfect trade, low of 2011 nearly high oh 2012 (-
Banco Spain can grow broke, Italy and Greece as well.
Maybe even France.
Think gold is much high.
Gone wery quiet, i can buy at 0.0005 ?
Bu will it change Share distrubution soon ?
TIA
Seems there was a lot of references to it, hard for me to search the posts easily.
Appears nothing on the report became real, from what i have heard in any answers so far.
Search on Bing gogle for small gold groh socks.
This one got mi interest, Gold may go higher.
Thanks being frank, have to ask some tough questions, just like the bank ask when go for loan.
Not getting positive things here, sense not to buy.
This was in poster section, so must been preffered post / sticky.
Just wondering what went well on it in the last year, thats all.
This old report is near 1 year aniversary, which has become acheived and true?
TIA
Repost Smitter for reminder:
My Conversation with Marc Lovito
1.) Phase 1 fully Funded and already in the Process
2.) NO Dilution O/S Unchanged
3.) OTC uplisted will happen sometime around Phase 3
4.) IR firm will be hired between phase 3-4
5.) 43-101 will be posted on Website once completed with all Drill holes and details
6.) Marc likes talking to shareholders and wants everyone to call and say hello. 1-(954)-218-2217
7.) GDSM is the FInancing Arm so all projects will go through GDSM
HUGE!!!
8.) WSRA and GoldTech Engineering combined for over 100 Yrs experience. GDSM is in Great Hands
9.) GS already Mapped out and a Game Plan is intact and already Started
10.) NO PROMOS NO PROMOS. When Marc is Ready to Promote GDSM it will be Legit and No Shares will be Used. Phase 4 time frame if i understood him correctly.
11.) T/A will be contacted and the process of Ungagging will be looked into. He did not even know it was gagged and was never even asked about it.
12.) He goes the Bathroom around 8am everyone morning.
LOL just kidding i did not ask that
13.) Private investors will be kept Private until he is ready to unveil them.
14.) Marc wants all GDSM shareholders to know he is there for EVERYONE of you. He even mentioned Shareholders that have been holding for Years. All of them will be Rewarded.
15.) He apologized about the misunderstanding of the 8k. For Pink Sheets the Supplement is an 8k there exactly the same. I told him many of us took it the wrong way. He then realized and apologized.
16.) The Whole DEAL has been structured under the Current O/S the Shares that were given to WSRA in 2009 were already included under the O/S so no Change. The Private Investors are not Selling those shares.
17.) Marc is not sitting on his hands and is pushing this project as hard as he can!!!!
18.) He mentioned the Warrants and his Private investors have no interest in selling shares at all this cheap. They all know the Potential of this deal and where it's headed.
Remember Folks Everything happens within Gold Coast
Will this improved soon, price very cheap?
Thank you for being frank, by alleged you mean it’s not close enough? Or even worse?
I only have small to invest, which of emerging ones seemed ok.
TIA.
Hello I am new to IHUB, i think gold will increase in value and an emerging Gold Co could go up a lot more than gold.
Have a few question please.
1) Is this one getting close to a bigger gold strike.
2) Why are the shares this low, did a strike / deal fall thru etc?
TIA