Gold Coast's MJ-Merchant Signs Agreement with New Merchant Card Service Provider
November 18 2014 - 9:15AM
Access Wire
WILTON, CT / ACCESSWIRE / November 18, 2014 /
Gold Coast Mining Corp. (OTC Pink: GDSM) is pleased to announce
this new and significant relationship.
The Company is pleased to announce that it has executed a new
agreement with a Mid-West based merchant card provider that has
solutions to allow dispensaries to accept Visa and MasterCard. The
new program features 48 hour funding with no rolling reserve.
With the continued growth in the cannabis industry, accelerated
by the recent elections, payment solutions continue to be one of
the most significant challenges. Gold Coast's MJ-Merchant has
continued to search for viable solutions. The Company believes this
provider has very attractive solutions and MJ-Merchant will greatly
benefit from the relationship.
MJ-Merchant has received numerous inquiries, via its website,
since its launch. Those leads will now be contacted in hopes of
conversion to profitable clients. Additionally, the Company has
built a CRM to market merchant services that currently has a
database of over 2,000 dispensaries.
"I am very pleased with this development and look forward to the
revenue and profit coming from this relationship. On another note,
the Company has received all the testing equipment necessary to
launch Green Leaf Analytics. I am only waiting to receive formal
notice from Maine's Secretary of State that our formation documents
have been approved and recorded." commented Michael Shea, CEO.
Shea concluded, "Operating in this industry is challenging and
takes considerable time to remain in compliance with local, state
and federal laws. Despite these circumstances, the Company
continues to execute in business plan and remains committed to
being profitable in 2015".
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 were 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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