-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HEIn9jAtt0BQX3vbEnU6mT0tBVBFiW0wuBO79kr437/1ZcNwRfF2tWi0IrHNYSLP
 AyH2vzZSYFUlUblOhX63SA==

<SEC-DOCUMENT>0001181431-10-063782.txt : 20101228
<SEC-HEADER>0001181431-10-063782.hdr.sgml : 20101228
<ACCEPTANCE-DATETIME>20101228141302
ACCESSION NUMBER:		0001181431-10-063782
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20101227
FILED AS OF DATE:		20101228
DATE AS OF CHANGE:		20101228

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CHISMAN WHITING
		CENTRAL INDEX KEY:			0001274089

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08387
		FILM NUMBER:		101275637

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WATERSIDE CAPITAL CORP
		CENTRAL INDEX KEY:			0000924095
		IRS NUMBER:				541694665
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		300 EAST MAIN STREET
		CITY:			NORFOLK
		STATE:			VA
		ZIP:			23510
		BUSINESS PHONE:		7576261111

	MAIL ADDRESS:	
		STREET 1:		300 EAST MAIN STREET
		STREET 2:		#1380
		CITY:			NORFOLK
		STATE:			VA
		ZIP:			23510
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd295545.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-12-27</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000924095</issuerCik>
        <issuerName>WATERSIDE CAPITAL CORP</issuerName>
        <issuerTradingSymbol>WSCC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001274089</rptOwnerCik>
            <rptOwnerName>CHISMAN WHITING</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>226 CREEKVIEW LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HAMPTON</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>23669</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock $1.00 Par Value</value>
            </securityTitle>
            <transactionDate>
                <value>2010-12-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>7593</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>.15</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>23404</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>Julie H. Stroh for J. W. Whiting Chisman, Jr.</signatureName>
        <signatureDate>2010-12-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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