Replies to post #95968 on Green Leaf Innovations Inc (GRLF)

[Stock Rockstar]

GDSM Energy Venture Firm

Energy Venture Firm, GDSM, Moving Ahead Towards Production on Tiger Oil Project
Last Updated: Aug. 23, 2013 - 1:00pm EST

(NEW YORK)--Gold Coast Mining Corp (OTC:GDSM), a energy venture firm focused on the oil and natural gas projects, moving forward in bringning their working interest at the Kalkaska, MI oil well in the next couple of weeks..

The company is anticipated to provide an update or release on their overall investment strategy. To receive updates on this developing story register to our GDSM mailing list at http://www.wallstreetnewscast.com/request/gdsm.html

Oil Production Starting

On Aug. 06, 2013, the Company announced its first investment with Tiger Development, LLC, for a working interest in their oil well located in Kalkaska, MI. Although not a major project, with plans up to 5% working interest, the company projects production of 40 to 50 barrels of oil per day. Although this may only equate to like $6000 in monthly cash-flow for the company, the deal was done with little to no equity dilution, and holds plans to expand to three or four more wells on this project, which it projects will cover all operational cash-flow needs for the company.

Production from this first well is expected as soon as early September 2013, and could signal a major turning-point in trader interest in the common stock.

Developing into Energy Venture Firm

One of the key factors catching attention of traders is the appointment of Michael Shea as the new CEO of GDSM. Mr. Shea has over 25 years corporate finance experience having held Managing Director/Senior Vice President titles at Bank of America's Global and Investment Bank, GE Capital Corporate Finance and Citigroup. For the last five years, Mr. Shea has owned and managed Silvermine Advisors (http://silvermineadvisors.com/), a boutique firm focused on mining and energy.

Leveraging this experience, Mr. hea plans to develop the company into an energy venture firm where they acquire out working interesting in producing oil wells, and build cash-flow to not only cover day-to-day operations, but potentially provide cash for the repurchase of shares in a buy-back.

Market Cap only $400,000

As of July 01, 2013, the Company had around 904 million common shares issued and outstanding, with a public float just around 850 million. For our calculations we have rounded that up to an even 1 billion outstanding, in regards for this review. Based on a current price of $0.0004 this gives GDSM a current valuation of just $400,000. Based on plans to begin oil production in late August, plans to become fully reporting, and professional CEO developing the company into an energy venture firm, a price of $0.002 would still only equate to a market cap valuation of just around $2 million.