SOURCE: Gold Coast Mining Corp.
WILTON, CT--(Marketwired - May 7, 2014) - Gold Coast Mining Corp. (OTC Pink: GDSM) (PINKSHEETS: GDSM) is set to launch another new product offering, MJ-Merchant.
Following up on the tremendous success of MJ-Exchange, Gold Coast is extremely excited to launch MJ-Merchant. Merchant bank card services have long been unavailable to many participants in the MJ industry, particularly dispensaries. Purchases have been in cash, bitcoins, tokens, etc. Gold Coast has broken through this barrier and will now offer merchant bank card services to qualified participants, including dispensaries. These companies will now be able to accept Visa, MasterCard, Discover and American Express.
MJ-Merchant will be live next week and interested companies can apply on-line. As part of Gold Coast's agreement with its financial partner, the Company will participate in the revenues from each established account on an ongoing basis. Additionally, as part of our marketing campaign, the Company will be contacting companies directly.
Michael Shea, CEO stated, "The launch of MJ-Merchant is another avenue for the Company to add revenue and profit. As the industry grows, it needs infrastructure, and I believe we are providing a valuable piece in this offering. I look forward to rolling out additional revenue generating products in the very near future."
ABOUT GOLD COAST MINING
Gold Coast Mining Corp. is a holding company with interests in the MJ industry, as well as, the mining and energy sectors. The Company's goal is create a vertically MJ division 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.