WILTON, CT, United States, via eTeligis Inc., 05/22/2014 - - Gold Coast Mining Corp. (OTC Pink: GDSM) (PINKSHEETS: GDSM) is pleased to announce its newest innovative product offering, MJ-Merchant www.mj-merchant.com, developed with banking partners, to assist the entire marijuana industry with payment processing solutions.
"MJ-Merchant.com provides custom solutions to meet the needs of the legal marijuana industry, including dispensaries, grow facilities, retail outlets and suppliers," said Michael Shea, Gold Coast CEO. "The Company saw the need for these products and believes that we are the first to offer, real, reliable merchant banking to a sector that had been shunned by banks in the past."
MJ-Merchant has several payment solutions including credit card processing, ATM services, wireless payment programs, check acceptance and mail and phone payment plans. There is no fee for applying, information is kept strictly confidential and the web site is easy to navigate.
"The services are available to all size businesses," Mr. Shea explains. "Based on initial feedback from potential customers confirming this business strategy, I believe this will be a solid revenue producing division of Gold Coast. This is a potential multi-billion dollar sector and we are pleased to be able to offer the marijuana industry the banking services it so badly needs."
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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.
Contact:
Michael Shea
CEO
Gold Coast Mining Corp.
203-210-5614
Michael.shea@gdsmholdings.com
Paul Knopick
E & E Communications
940.262.3584
ir@gdsmholdings.com
SOURCE: Gold Coast Mining Corp.
Associated Documentation:
Link to submission on http://www.eteligis.com
GDSM_5-22-2014_LST_ETL.docx
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