INCORRECT
And complete speculation, there are no facts to support these claims.
The pps has dropped, the volume has dropped and GDSM continues its charade that it will uplist. It's only been 13 months since they initially stated that would happen.
Remember this:
Boston, MA., December 21, 2011 – Gold Coast Mining Corp. (Pink Sheets: GDSM), announced today the following corporate update:
Joint Venture Projects:
As previously announced, the Company had entered into 2 joint venture mining properties with Western Sierra Mining. To date, the Company has experienced difficulty in securing enough shareholder-friendly capital to get the mines into production. Most opportunities for funding involved reverse splits, substantial dilution and “floorless” convertible debentures.
Corporate Filings:
A tough economic environment for capital and strains on the Company’s resources caused Gold Coast to become delinquent on its disclosure and financial filings. The lack of current information moved the Company from CURRENT INFORMATION on the Pink Sheet system to STOP, making it that much more difficult to secure capital.
Yes, that was the problem, they couldn't pay Paradiso enough money to write a simple one page letter tobe current, what a FRIGGIN' farce.
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