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Re: hellcatjr post# 60085

Saturday, 03/24/2012 11:36:54 PM

Saturday, March 24, 2012 11:36:54 PM

Post# of 162669
That PR is from early last year, AND there was NO DILUTION. The float remained the same!

Common Stock Year End Quarter Ended Year Ended
12-31-11 9-30-11 12/31/10
Shares authorized 750,000,000 750,000,000 750,000,000
Shares outstanding 579,887,086 444,887,086 444,887,086
Freely tradable 414,887,086 414,887,086 414,887,086
Beneficial shareholders 0 0 0
Shareholders of record 997 984 963

http://www.otcmarkets.com/financialReportViewer?symbol=GDSM&id=75220

This paragraph says a lot for the company IMO. smile

From September 2009 to December 2010, the Company pursued financing for its Ore Cache and Sun Gold Mine Joint Venture Projects, as well as several joint venture opportunities available to the Company. Although the Company received numerous financing opportunities, they involved substantial dilution and the requirement for a reverse split of the Company’s common stock. Management agreed to not accept any toxic financings or proposals requiring a reverse split and therefore rejected these potential funding sources. Additionally, management has and continues to review other opportunities in various industries in an effort to stay diversified and bring value to its shareholders.



Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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