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.
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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.
Gold Coast Mining Corp.
SOURCE: Gold Coast Mining Corp.