GDSM email from Mr. Shea

I have been long on GDSM and slightly frustrated and did the emailtheceo and I had a quick response.  With Weedstock this weekend, perhaps we will see some movement.   I believe in the company and believe Mr. Shea is trying to move the company forward. Like that going to "build share price the old fashioned way, via profits."

Shane, normally a pinksheet would do promos to get the stock moving, but that is exactly what the SEC is looking for. Also, if you look at the ones suspended probably half have been fully reporting companies with audited fins.

We are clean and I will keep it that way. We will build share price the old fashioned way, via profits.

From: Shane
Sent: Thursday, June 26, 2014 6:02 PM

To: Michael Shea
Subject: Re: Question

Thank you I think you have done so much for my confidence. 

On Jun 26, 2014, at 15:58, "Michael Shea" wrote:

Sure, post it wherever you want.

From: Shane
Sent: Thursday, June 26, 2014 5:55 PM
To: Michael Shea
Subject: Re: Question

One more question could I post your response on my blog?

http://moosedriverstocks.blogspot.com/?m=1 

On Jun 26, 2014, at 15:34, Shane  wrote:

Thanks for your response and good luck and helps.  I believe in what your doing. Also like no false PRs to get shutdown by the SEC.

On Jun 26, 2014, at 15:03, "Michael Shea"  wrote:

Shane, thanks for your email, let me do my best to answer.

1. The audit - Since the webcast, the auditor advised me that he would only

do 2012 and 2013 instead of 2011 and 2012. That's fine, but required

providing another year's worth of information. The delay is purely a fact of

information integrity. Prior to me becoming CEO, this Company did not even

have a bank account, payments were made to vendors by 3rd parties and no

records were kept. The CFO contract expired unrenewed at year end 2013 and

quite frankly, her records were of poor quality. On top of it, relations

with prior management and their extended family is not amicable and trying

to reconcile accounts with their assistance has been extremely hard. Lastly,

given the limited capital resources, we chose an auditor that was extremely

cost effective, but not very responsive. Frankly, if I had known what I know

now, I would have never committed to having audited financial statements.

Having said that, I have provided as much information as I can find in hopes

of meeting audit standards.

2. Despite the above, I am proud of what the company has accomplished over

the last few months. MJ-Xchange, MJ-Merchant and the 420 Concept. We

actually have generated revenue, albeit nominal, but for the first time we

have real and saleable products. A pinksheet, with a credible business plan,

executing and generating revenue certainly deserves more than trip 5.

3. I am as disappointed as everyone else with the share price. I look around

at other pink's still just pushing a concept, no product, trading

substantially higher than GDSM. In particular, even within the mj sector,

stocks trading higher despite many failures and some suspended. It is

obvious to me that GDSM needs a resurgence of new shareholders. I am hoping

that our attendance at Weedstock will significantly raise awareness. As I

tweeted out today, our booth is right next to Weedmaps and that alone should

drive more eyes on our Company.

4. On Scottrrade, they stopped trading our stock due what they say are

"illiquid stock fees". It has to do with their capital reserves on penny

stock and the decision was made at the time we were trading hundreds of

millions of shares a day. This is link that explains what these fees are

https://www.optionshouse.com/faq/rates/what-are-illiquid-fees/. I have had

my legal write them, but have had no response.

5. In regards to trading, I don't watch it as it is something I can't

control and have been quite busy with all the above. All I can is the

limited dilution and in fact am personally funding the company rather than

issuing shares given the level of the share price. It is for that matter,

that I discontinued the use of E&E as our IR firm. The expenses for the

product development on top of the Investor Conference have put a major

strain on our finances. I tried them, as many complained my pr's were not

"pumping" enough. The fact is, I state things as I see them, both good and

bad. Many CEO's would never pr anything bad, obviously we have stumbled in

the past and shareholders deserve to know what is going on.

In conclusion, we have made a lot of strides, but have a long way to go.

Some of the above may sound like whining or making excuses, just the

opposite, given the straight story of what is going on. The Company is me

and a handful of helpful shareholders and we are now positioned for success.

Hope that answers your questions.

Regards,

Mike

-----Original Message-----

From: Shane 

Sent: Thursday, June 26, 2014 3:06 PM

To: asktheceo@gdsmholdings.com

Subject: Question

Mr. Shea

I listened to your webcast a few months back and it sounded to me you were

an honest and forthright CEO.

Since than you have been saying financials are coming and now it is by end

of month, I hope so since it might give a shot in the arm to the price.  If

it gets pushed out further I will sell, since I do not need broken promises.

Any update on the Scotttrade issue?

Any reason you can see why there seems to be an unlimited 32m shares always

available not at the open but by 1200 Eastern everyday at .0005? Something

just does not seem right with this trading pattern.

I know you hired the PR firm, but have not seen any PRs that I could not

have put out myself.

Today we are down to .0004 it seems to this endless supply of shares and

when we move to .0006 then there is 50-70% shorting on the stock, it appears

there is huge manipulation.

Thanks for your time and good luck, still believe in the company, but

getting slightly frustrated.  

VR

Shane =