Gold Coast Lays Out Future Growth Strategy, Reviews Foundation Built in 2014
08 Janvier 2015 - 3:35PM
Access Wire
WILTON, CT / ACCESSWIRE / January 8, 2015 /
Gold Coast Mining Corp. (OTC Pink: GDSM) is pleased to summarize
the events of 2014 and confirm its growth strategies/profitability
for 2015 and grow shareholder value.
As 2015 begins, Management wants to take the opportunity to lay
out its strategy for 2015, as well as, thank shareholders for
understanding the challenges faced in establishing the Company in
this new and evolving sector. By striving diligently building a
solid foundation in 2014, we expect 2015 to be a year of success as
can only be measured by profitability and increased shareholder
value.
Name Change: Voting was robust and we
appreciate all that participated. The winning name was Green Leaf
Innovations, Inc. An amendment has been submitted to the Florida
Secretary of State with an effective date of February 9, 2015. This
will allow sufficient time for FINRA review and approval.
Aggressive Growth in Real Estate/Consulting:
This segment will be a key driver in achieving profitability in
2015. Much time, effort and capital have been spent in
understanding the business/industry, rapidly changing Federal,
State, County and Local laws, and the people directly or indirectly
involved. Given the economics, to achieve our goals, the Company
needs larger scale opportunities. In mid-December, several private
investors indicated their desire to co-invest in our future
projects. These are successful businessmen that see the huge profit
potential, but have limited knowledge in the space. These
investments would be project specific and not require any issuance
of Company shares. Management is completing business plans for
individual projects in Colorado to present to the investors toward
the end of January.
The Company's Yampa consulting agreement was evaluated and we
have elected to improve this investment by moving to indoor
facility on the same property on a lease/rental basis. The switch
to an indoor facility provides a more controlled environment and
affords the safety required. As importantly, it provides a path for
expansion in the same facility. Our projected 2015 annual rental
income is $60,000-$100,000 and does not account for any
expansion.
Green Leaf Analytics: The platform for our
Maine operation has changed for the positive. The Company and its
partner, did additional market research and concluded the economics
for a fixed site are more attractive than a mobile model. Green
Leaf is negotiating a lease for a 2,200 sq. ft. storefront in
Waterville, ME. In addition to testing, the store will carry
hydroponics and 420 Concept products. This project is anticipated
to be online in February.
420 Concept: Significant time and effort went
into the recent holiday marketing campaign that substantially
increased the 420 Concept's social media exposure. While sales may
not have met expectations, knowledge was gained that will allow us
increase sales and generate profit. With a modified go-to-market
and pricing strategy, we are confident that we can compete and win
market shares. Additionally, new products such as hydroponics and
clothing may be added, broadening product mix to a larger
audience.
MJ-Merchant: The Company continues to believe
in this business concept. The legal challenges continue to provide
obstacles to an optimal solution for handling dispensaries. Our
merchant card partner continues to fine tune its offering. Even
with the tremendous interest exhibited, the Company has determined
that soliciting new applicants is not in our best interest until a
verifiable optimal solution is available. Once available, we are
confident that MJ-Merchant will be a key driver in
profitability.
MJ-Xchange: The Xchange was the Company's first
endeavor in the marijuana space. The site is robust, with numerous
features and a growing user base. The focus for 2015 is to grow the
advertising base to generate the income to support future
enhancements and broaden our base of users.
In summary, a foundation was laid in 2014 upon which provided
Management with the perspective needed to develop a realistic plan
for growth and profitability in 2015. A common theme running
through each of the Company's segments is that each business must
be profitable on an individual basis. Management will constantly
review each segment's results to ensure we meet our ultimate goal,
profitability.
2015 will be a transformational year and the Company is excited
about the future. We look forward to providing future updates an in
creating real value for shareholders.
ABOUT GOLD COAST MINING
Gold Coast Mining Corp. is an innovative and opportunistic
provider of services and products to the high growth legal
marijuana industry. The Company targets niches where it can be the
leader while concentrating on generating revenues, profits and
substantial returns to its shareholders.
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.
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