Gdsm tired of excuses

Why would you take a 70-80% loss short term if you could have a 10,000% gain long term. 

It all comes down to 3 to 6 billion shares out there and growing and no confirmation if there are any sales on 420concept, any credit cards, any testing in Maine and if any crop in Colorado. It is simple math, with this share structure say 4 billion and $500,000 in a year in profits that is only .0002. 

I am critical but someone show me it could be more than $500,000 in a year. You can't because the company has been diluting our value with more and more shares being put out to pay expenses.  
Mr.  
Shea has said all the right things during conference calls and I bought into his BS, but he can not even tell us if one test has been done in Maine or our crop froze out or is growing. 1900 plus members on mj-xchange and our new name is so close to SEC stopped stock. 

It is time all shareholders realize the truth and demand answers from Mr. Shea. He may be paying for items out of his pocket and deferred income but he is getting his $6,000 or more a month. It is time revenues pay for expenses or we are done and we will not grow share price the old fashion way (his words) by revenues because we have way too many shares. 

Look in the mirror and see if any of this not true or you can disprove with facts. Send all of the emails you want to Mr. Shea and actually post a real one with a verifiable response. I wish I was wrong but thinking we are not moving up. Ho Ho ho in my opinion.  

I bought into the right words but now show me what is the truth. I challenge Mr. Shea to prove me wrong or anyone else. And you can't use stock of year wait two quarters just give me verifiable data. 

GDSM Sept 30 Webcast

This is one frustrating stock.  I thought the WEBNAR went well.  Mike laid out a great plan said everything was doing well and he is generating revenues going to give the auditor one more month and if not ready than he will just do j2013 and 2014 for audited financials. Going to have a contest for a new name. Somewhere said one project going to generate $100,000 (I believe). Headed to Maine this week.  I also thought he has said already paid for uplifting.  Also revenues will grow exponentially.

I have burned on a few pennies and looking for a nice return here.  

GDSM let's get real

Ok we have a pink that actually has revenue and actual contracts and has a value of $458k. GDSM is current and working on more revenue streams.  

Yes there are stocks with skulls and crossbones at a penny or more . No reason we are not there.  

We have a CEO trying to make money the old fashion way by revenues. 

Lots of shares out there but no more than companies claiming BS at a penny or more.

No reason we are not a penny or more.

I hold GDSM and hope we are noticed. 

Potential Revenue for GDSM and MJ production in CO

Just a few thoughts for where we stand for GDSM producing MJ.  If we assume that there is .14 acres of the three greenhouses, and it produces 500 pounds per acre that would be 70 pounds produced in the proposed three greenhouses or 1,120 ounces and at $200 per ounce the current price that would be $224,000 and two crops per year $448,000. Is a possibility for three, but reduced amounts for the third so I will not factor that into cost.

You have to remember this is the first project there are supposed to be two more deals in works.  This will get GDSM generating revenues and being able to increase in size and production.  If this is successful and go to five acres for instance that would be $8 million.  For the full 40 acres you are looking at $64 Million for each growing season, and two cuttings per year $128 million per year.

The following are the links and information how I calculated this information.  Good luck to everyone and we get this deal signed and two more.  Do not forget of the other revenue streams the company has.  You decide and make your own decision.

http://theweedbusiness.com/tag/how-much-marijuana-in-an-acre/

Just one acre of weed can produce 3.25 million dollars at $375 per oz with 10,000 plants

Even if you reduce the number to 5,000 plants per acre your total would be 1.625 million dollars per acre. So you get the idea that we are dealing with the most profitable cash crop ever.

http://www.levellers.org/cohip/library/usda.1915.html

Returns from experimental areas indicate that yields of 400 to 500 pounds of dried tops per acre may be expected under good conditions.

http://www.priceofweed.com/prices/United-States/Colorado.html

Average Weed Prices

Quality	Average ($/Oz.)*	Sample Size
High Quality	$237.77	2847
Medium Quality	$197.2	2463
Low Quality	$226.77	168

* Averages are corrected for outliers based on standard deviation from the mean. 

 http://www.medicaljane.com/2013/09/26/greenhouse-growing-efficient-medical-marijuana-production/ 

Another major benefit of greenhouse growing is that it greatly reduces the amount of power used, in comparison to an indoor facility. The need for more “green” growing practices continues to increase as medical marijuana becomes more prevalent across the nation. According to Scott Reach, founder of the seed company Rare Dankness, “greenhouses are the future of growing.”

http://www.amsterdammarijuanaseedbank.com/the-strategy-of-constant-harvesting.html 

This article states it is 60 days for maturation and you could get two good crops per year.

GDSM to present on Cannabis Investor Webcast, Sept 30, 2014

WILTON, CT / ACCESSWIRE / July 31, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM), is pleased to be a presenter on the Cannabis Investor Webcast, September 30, 2014

Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is pleased to announce that it will be a presenter at the upcoming Cannabis Investor Webcast. The webcast will feature several public and private companies in the cannabis industry and provide investors ample time for Q&A.

"We are excited to be a presenter and have the opportunity to inform the investment community the successes we are achieving and provide guidance on future projects. The webcast platform is an inexpensive, yet very effective way, for a large amount of investors to learn about emerging growth companies and be able to have their questions answered directly by the CEO" commented Michael Shea, CEO.

"We're excited that Gold Coast has decided to present its story to our online audience of investors, analysts, media and consumers," said Derwin Wallace, Director of Investor Webcast. "The online investor webcast will provide Gold Coast an opportunity to increase its exposure, while giving industry participants access to senior management".

About Cannabis Investor Webcast

The Cannabis Investor Webcast is held monthly on the fourth Tuesday of the month. The online webcast will include 45-minute live presentation and Q&A by the CEO's and CFO's of privately held and publicly traded cannabis companies. The online webcast increases cannabis companies' international and domestic exposure to individual investors, institutional investors, analysts, media and consumers.

For more information, please visit http://www.cannawebcast.com/

http://online.wsj.com/article/PR-CO-20140731-912535.html

GDSM thoughts 13 Aug

I had no clue that $GDSM 420 concept had a facebook page.  I am impressed that there are great revues on their products and customer satisfaction of a product out of stock and they sent free products. Actual customer service sounds refreshing.

What do we know they mj xchange, 420 concept, mj-merchant. Mike is Colorado for some type of deal, Email marketing.  All this sounds like potential revenue.  

Mike has said he will increase share price the old fashion way through revenue.

A few detractors lots of shares, but revenue means retiring shares from the webcast.  Audited financials being worked on for months and Scott Trade not accepting buy orders.  With revenue all of these problems can be fixed.  

Another plus he does not put out bogus PRs.

Up 150% from .0004 a few weeks ago.  I do hold this company all purchased shares and my opinion here.  

GDSM real company

From PR

GDSM has changed and is now a "real" and "functioning" business. The perception of GDSM has also changed as evidenced by the discussions initiated at the Denver conference, which have continued and intensified.The Company is currently immersed in due diligence on a couple "select" opportunities in Colorado that will significantly improve its financial condition, enhance GDSM's standing in the marijuana industry, and provide substantial shareholder value. These opportunities are developing quickly and shareholders and the investment community will keep updated as events unfold" Shea concluded. 

GDSM perfect

http://www.accesswire.com/viewarticle.aspx?id=418424 

Gold Coast’s Business Strategy Yielding Results And Expanding

Companies Mentioned

PK:GDSM

07/29/2014 [ACCESSWIRE]

WILTON, CT / ACCESSWIRE / July 29, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM), is pleased to announce that its business strategy and execution are providing tangible results.

Gold Coast, a leader in innovative concepts and technologies in the marijuana industry, is pleased to announce that with the launch of our E-Commerce site 420 Concept followed by an enthusiastic  reception at the First Annual Weedstock Investor Conference, the Company has commenced revenue generation. .

"I expect revenue from all three product lines to show sequential monthly growth as advertising interest for the MJ-Xchange has increased, MJ-Merchant commences a marketing campaign, and as marketing strategies drive more potential customers to the 420 Concept. In order to accelerate sales growth across the product offerings, the Company has engaged contract marketing agents in key geographic locations throughout the United States. This is an important step as “boots on the ground” has been found to be extremely effective in penetrating this industry.  Additionally, we are continually evaluating our competition and developing pricing strategies for products sold on the 420 Concept", stated Michael Shea, CEO.

"GDSM has changed and is now a "real" and "functioning" business. The perception of GDSM has also changed as evidenced by the discussions initiated at the Denver conference, which have continued and intensified. The Company is currently immersed in due diligence on a couple "select" opportunities in Colorado that will significantly improve its financial condition, enhance GDSM’s standing in the marijuana industry, and provide substantial shareholder value. These opportunities are developing quickly and shareholders and the investment community will keep updated as events unfold” Shea concluded.  

ABOUT GOLD COAST MINING

Gold Coast Mining Corp. is a holding company with interests in the MJ industry. The Company's goal is create a vertically integrated company and continue its diversification into other high growth industries. The primary goal is generate cash flow to sustain and grow profitability.

Follow us on Twitter at http://twitter.com/GoldCoastMining

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.

Contact Info:

Michael Shea

CEO

Gold Coast Mining Corp.

(203) 210-5614

Michael.shea@gdsmholdings.com

http://www.gdsmholdings.com

http://www.mj-xchange.com

http://www.mj-merchant.com

http://420concept.com 

SOURCE: Gold Coast Mining Corp.