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Tuesday, August 28, 2012 9:05:47 AM
Marc Lovito is currently the President of Gold Coast Mining Corp. Mr. Lovito has over 10 years' experience working in the public markets and assisting publicly-traded companies. During this time Mr. Lovito has worked with several hundred clients in various areas including; mergers, acquisitions, fund raising, public relations, marketing, restructuring, spin-offs and regulatory compliance. Mr. Lovito has been involved in 50+ reverse mergers and over $15mm in capital raises for small OTC companies.
Mr. Lovito's experience in the small cap market will not only be invaluable to rebuilding shareholder value and leading GDSM forward, but will also be the key to avoiding the typical small cap pitfalls. In addition to his activities in the public markets, Mr. Lovito has owned and been a partner in a variety of businesses including real estate, marketing and a hedge fund. The involvement of Mr. Lovito with a wide range of diverse business models provides him with a solid foundation of knowledge, contacts and resources.
Mr. Lovito has been involved in 50+ reverse mergers and over $15mm in capital raises for small OTC companies.
Then why didn't Mr. Lovito raise the funds for the JV with WSRA to develop the Oro Cache and Sun Gold mines in 2009?
Perhaps Mr. Lovito's bio should list some of those hundreds of clients so it can be verified. We already know the sordid history of two of his companies, Brass Bulls and the LBI group of companies, a history of failures, evictions, lawsuits, liens, and other failures.
Mr. Lovito's experience in the small cap market
What experience - there is none that has been shown that can be verified. Not one company.
What has been verified and proven is that Mr. Lovito has failed at every business adventure he has been involved in.
And GDSM's THIRD JV with WSRA will be the next failure - history does repeat itself.
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