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bwallman

03/26/14 11:58 AM

#124907 RE: SMSTrade #124905

We'll see...I'm not going to argue, there's no point. GDSM

MadDog1313

03/26/14 12:18 PM

#124911 RE: SMSTrade #124905

As far as never being able to reach .01 w/o a R/S probably isn't an accurate a statement.

Regardless of the company, it is important to remember what sector this ticker is in right now. One PR with the right things said (the right way, lol) and it could be at a penny in less than a day or even in a matter of hours.

Those are odds I will take!!

But aside from that the trend is beginning to show signals of a reversal. So even if it doesn't reach .01 there is potential for money to be made in buying right now. Been trading a long time and the signals I am getting are telling me now really is the time to be in.


GLTU

Ardbeg

03/26/14 12:34 PM

#124914 RE: SMSTrade #124905

NO Reverse Split and Uplist Consideration

Mike Shea verifies no reverse split:

"I would like to touch on another topic, a reverse split. At this point in time, it makes no sense to do a reverse split. Without the benefit of a settlement, “uplisting” and clear path to growth, performing a reverse split is a guaranteed return to the triple zeros."

Mike Shea has reiterated this sentiment countless times.

Something that is missed in this statement is the desire to UPLIST!

The MMJ Subsidiary will help facilitate the uplist -- along with the completed audits that are being worked on right now by Corso & Company.


From recent PR (Audit info):

"From an internal perspective, the Company engaged Corso and Company to perform its audit. Corso and Company will provide audited financial statements for fiscal years 2011 & 2012, a reviewed statement for the six month period ended June 30, 2013, as well as, the completion and filing of corporate tax returns for the last four years. The audit is progressing and should be completed by the end of November, allowing the Company to file its Form 10, "up list" and regain its full reporting status."

Now we know that it is past November but the final 4 items have been submitted to the auditor and shareholders are now waiting on the completion of the 2011 and 2012 audits. 2013 audited numbers will follow the ’11 and ’12 numbers shortly thereafter.

From the PR dated March 11, 2014 (Impatient people want it now, now, now. It is coming. It takes time for the auditor to complete the filings.)

"The Company also reports that the four outstanding items requested by the Company's CPA, to complete the audit, has been submitted."

3/11/14 PR here:

http://www.otcmarkets.com/stock/GDSM/news/Gold-Coast-Mining-Announces-New-MJ-Subsidiary?id=77166&b=y


Unadited financials are due out by April 1.