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$b_rich$

10/02/12 10:04 AM

#4351 RE: lmcat #4350

Gold Coast has also made payment of the initial $50,000 required under the conditions of the Agreement. The Company is currently in discussions with its investors from Gold Star , to work together on bringing the Azurite development forward. The Company and the investors are in agreement on Gold Coast's continued commitment to develop these projects while avoiding toxic financing and/or a reverse split. Therefore, the funding and acquisition of Azurite will be approached within the framework of those commitments. The Company will be updating shareholders regularly with information pertaining to Azurite, funding schedules, financing structures/plans and our Gold Star joint venture.


http://www.otcmarkets.com/stock/GDSM/news


There is an agreement lmcat! Chaffee's shareholder letter confirms it as well. You're trying to spin this, but it is what it is whether you like it or not:)