Disclosure Statement Pursuant to the Pink Basic Disclosure

Guidelines

GOLD AND GEMSTONE MINING, INC.

Jalan Kampung Baru 24, Padang City, Sumatra, 25121

Phone: (619) 844-1279

www.wavedisco.com moonsurfingco.com

SIC Code 6720

Quarterly Report

For the Period Ending: October 31, 2021 (the "Reporting Period")

As of October 31, 2021, the number of shares outstanding of our Common Stock was: 1,150,667,877

As of July 31, 2021, the number of shares outstanding of our Common Stock was: 1,131,060,034

As of January 31, 2021, the number of shares outstanding of our Common Stock was: 1,131,060,034

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):

Yes: ☐

No: ☒

Indicate by check mark whether the company's shell status has changed since the previous reporting period:

Yes: ☐

No: ☒

Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:

Yes: ☐

No: ☒

  • "Change in Control" shall mean any events resulting in:
  1. Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act),directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
  2. The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;

(iii)A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or

  1. The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.

OTC Markets Group Inc.

1

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

  1. Name and address(es) of the issuer and its predecessors (if any)

In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.

Currently: Gold and Gemstone Mining, Inc

The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):

Nevada (Active)

Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:

None

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

None

The address(es) of the issuer's principal executive office:

Jalan Kampung Baru 24, Padang City, Sumatra, 25121

The address(es) of the issuer's principal place of business:

Check box if principal executive office and principal place of business are the same address: ☒

Same

Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?

Yes: ☐

No: ☒

If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:

NA

OTC Markets Group Inc.

2

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

  1. Security Information

Trading symbol:

Exact title and class of securities outstanding:

CUSIP:

Par or stated value: Total shares authorized: Total shares outstanding:

Number of shares in the Public Float1: Total number of shareholders of record:

GGSM Common Stock 380485102

0.0001

3,500,000,000 as of date: October 31, 2021

1,150,667,877as of date: October 31, 2021 1,011,253,784 as of date: October 31, 2021 234 as of date: October 31,2021

All additional class(es) of publicly traded securities (if any):

Trading symbol:

GGSM

Exact title and class of securities outstanding:

Preferred A

CUSIP:

Par or stated value:

.0001

Total shares authorized:

32,004,000

as of date: October 31, 2021

Total shares outstanding:

2,000,000

as of date: October 31, 2021

Transfer Agent

Name:

Securities Transfer Corporation

Phone:

(469) 633-0101

Email:

dzheng@stctransfer.com

Address:

2901 N. Dallas Parkway, Suite 380, Plano, Texas 75093

  • "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.
  • To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.

OTC Markets Group Inc.

3

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

  1. Issuance History

The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.

Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.

  1. Changes to the Number of Outstanding Shares

Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☒

Shares Outstanding as of Second Most

*Right-click the rows below and select "Insert" to add rows as needed.

Recent Fiscal Year End:

Opening Balance

Date January 31, 2021

Common:

1,041,060,034

Preferred A:

2,000,000

Were the

shares

Reason for

Transaction

issued at

share issuance

type (e.g.

a discount

Individual/ Entity

(e.g. for cash

new

Value of

to market

Shares were issued

or debt

issuance,

shares

price at

to (entities must

conversion)

Restricted

cancellation,

Number of

issued

the time

have individual

-OR-

or

Exemption

shares

Shares

($/per

of

with voting /

Nature of

Unrestricted

or

Date of

returned to

Issued (or

Class of

share) at

issuance?

investment control

Services

as of this

Registration

Transaction

treasury)

cancelled)

Securities

Issuance

(Yes/No)

disclosed).

Provided

filing.

Type.

La Jolla IPO, Inc

Debt

6/15/20

New

90,000,000

common

900

No

CP-Ed Monet

Settlement

U

4(a)(2)

10/5/21

New

10,000,000

common

1,000

Yes

Rudi Khelces

Services

R

4(a)(2)

Volha

10/5/21

New

9,607,843

common

960

Yes

Zvalinskaya

Services

R

4(a)(2)

Shares Outstanding on Date of This

Report: October 31, 2021

Common

1,150,667,877

Preferred A:

2,000,000

2,000,000 shares of Preferred A were issued to Edward Monet on 11-15-2016

"CP"=Control Person

Example: A company with a fiscal year end of December 31st, in addressing this item for its quarter ended September 30, 2019, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2019 through September 30, 2019 pursuant to the tabular format above.

Use the space below to provide any additional details, including footnotes to the table above:

OTC Markets Group Inc.

4

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

  1. Debt Securities, Including Promissory and Convertible Notes

Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.

Check this box if there are no outstanding promissory, convertible notes or debt arrangements: ☐

Name of Noteholder

Reason for

Principal

Issuance (e.g.

Conversion Terms (e.g.

(entities must have

Date of

Amount at

Interest

Loan,

pricing mechanism for

individual with voting /

Note

Outstanding

Issuance

Accrued

determining conversion

investment control

Services,

Issuance

Balance ($)

($)

($)

Maturity Date

of instrument to shares)

disclosed).

etc.)

La Jolla IPO, Inc. Ed

3/18/2014

7,253

$4750

2,503

4/25/2015

0.0001

Monet control person

Loan

IBRE Inc. -Ed Monet has

12/22/2016

4,450

$3,000

1,450

12/22/2017

0.0005

investment control

Loan

IBRE Inc.-Ed Monet has

1/10/2017

2,950

$2,000

950

1/10/2018

0.0005

investment control

Loan

La Jolla IPO, Inc. Ed

Monet investment

1/30/2017

3,486

2,375

1,111

1/30/2018

0.0005

control

Loan

IBRE Inc.- Ed Monet

3/31/21

11,702

11,325

377

3/11/22

0.0005

has investment control

Loan

IBRE Inc.-Ed Monet has

5/20/21

19,723

19,400

323

5/20/22

0.0005

investment control

Loan

IBRE Inc.-Ed Monet has

6/14/21

14,233

14,000

233

6/14/22

0.0005

investment control5

Loan

IBRE Inc. -Ed Monet has

7/02/21

30,250

30,000

250

07/02/22

0.0005

investment control

Loan

La Jolla IPO, Inc. Ed

Monet investment

8/02/21

121,350

111,850

9,690

8/02/22

0.0005

control

Loan

Use the space below to provide any additional details, including footnotes to the table above

NA

OTC Markets Group Inc.

5

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

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Gold and GemStone Mining Inc. published this content on 10 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 December 2021 11:11:17 UTC.