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vanguard62

12/30/12 6:08 PM

#88698 RE: maggie61 #88697

GDSM will probably cease to exist in a month. They have stretched this scam to its limits. CEO will be replaced and the company will be renamed. Wash, rinse, and repeat.

Ken1a

12/30/12 6:19 PM

#88699 RE: maggie61 #88697

You will all get ripped off, it's a mutually exclusive CLUB.

Much worse down in the pennies. recite how you got locked in
any penny.

The growth of PPS is insiders buying and selling to each other

to entice more commons / bag holders. !!

1manband

12/30/12 7:01 PM

#88700 RE: maggie61 #88697

There will be no uplist "in a month or so". They haven't even completed the audit of the required financial statements. Once they are done, they will have to complete an SEC registration statement (Form 10, according to their prior statements) and file it with the SEC. The SEC will then commence a rigorous review process, which will include submission of comments to the Company who will have to respond satisfactory and revise the registration statement accordingly.

Even if they do actually submit a registration statement to the SEC (which I highly doubt they will) AND successfully navigate the SEC review process, you will still be looking at 4-12 MONTHS after the date it is first filed on EDGAR.

feinanddandy

12/31/12 1:14 PM

#88707 RE: maggie61 #88697

The only false statement I am reading is that GDSM will uplist "In a month or so." Clearly some DD needs to be done with regard to the length of time it takes to uplist with the SEC currently, and that is AFTER GDSM has all of their paperwork in proper order.

Have you even read through the QF's at all? There are at least a dozen errors that need to be corrected with regard to share balances, cash balances etc., once those errors are fixed (If they even can be)then GDSM will HAVE TO refile their Form 10's, that alone will take 3-4 months IMO. Let's not foget one major issue, the Audited Financials are no closer to being completed than they were 60 days ago when GDSM announced they were "Changing their focus to uplisting and putting the dead JV's and Mergers on the backburner"! TOO FUNNY!

Furthermore, at the slighest chance this POS ever gets the paperwork together to be reviewed by the SEC, it's a minimum of 6 MONTHS for that review.

These are TRUE statements, and I suggest to anyone and everyone here to look it up for themsleves with the SEC.