Huge Breakout. Oil will Drive this Stock. Lots of MOney to be made here. [LIST]
Posted by Chadsly on :
Maybe I'm just crazy, but I don't even understand the question. How could 3 people have already voted?
Posted by Jdaniel9 on :
Sorry my 1st time to create a message board here. Looking for some insight as to what people think this stock will do. And if by CSJJ Moving into the Oil Industry is a Positive and What everyone thinks about the Finacials getting ready to be posted next week.
Posted by Jdaniel9 on :
Well nest week is the week we are all waiting for. I truly hope the release of the Finacial Audit is strong and moves this stock upwards for days. Has anyone spoke to the CEO about what the Audit may detail.
Posted by Jdaniel9 on :
Well the week of truth is here. Will our famous CEO make us all alot of money this week or will he leave of holding a bunch Garbage Stock.
Posted by Jdaniel9 on :
Anyone have the L2
Posted by Jdaniel9 on :
Well get ready CSJJ should start to make a run today prior to the release of tomorrow Finicial Audit. By end of week could see .0025
Posted by dalton05 on :
News for 'CSJJ' - (Coastal Holdings, Inc. Finalizes Purchase Agreement With BDT Energy Producers, Inc. to Acquire Interest in Development Oil Well)
HOUSTON, TX, Oct 07, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ), today announced that further to the MOU signed on September 27, the Company has finalized a Purchase Agreement with BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well. The Purchase Agreement will be signed by both parties following its clearance with their respective legal departments. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well.
The oil well, designated as NO. 2 HONEY, is located in Jasper County, Illinois. This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. This well, with the many producing zones nearby, is a very conservative drilling venture for oil and gas. It is located in the largest oil field in the State of Illinois and near the crest of the Clay City Anticline, which is the structure responsible for the oil accumulation in the field. With nearby wells producing for 30 years, the NO. 2 HONEY is an excellent opportunity for the production of oil. In addition, with the current price of oil near $60.00 per barrel, the economics of this well is exceptional. Moreover, due to the fact that in this immediate area exists a team of oil producers with over 45 years of experience and with one of the members being a Registered Petroleum Engineer, only enhances the opportunity for success by drilling this well at this location.
About BDT Energy Producers, Inc.
BDT Energy Producers, Inc. (BDT) is a subsidiary of Britton Oil Properties, a well-established 42-year old firm that owns 14 producing oil wells on 480 leased acres in Southern Illinois, approximately 125 miles east of St. Louis, Mo. and 75 miles northwest of Evansville, Indiana. These wells have a total production capacity of 15 BOPD and an accumulated reserve of 330,000 barrels of oil. Since 1976, Britton Oil has sold $3.5 million worth of oil from these wells. BDT has been formed solely for the purpose of developmental drilling of new oil wells and has selected 5 prime drilling locations from Britton Oil Properties that it is now in the process of funding.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Coastal Holdings, Inc.
CEO Andrea Cortellazzi
Posted by eddy on :
looks great
Posted by will on :
If he's true to his track record, expect a bunch of garbage stock.
quote:Originally posted by Jdaniel9: Well the week of truth is here. Will our famous CEO make us all alot of money this week or will he leave of holding a bunch Garbage Stock.
Posted by STAR GAZER on :
First got interested in the stock when the company announced that it had acquired a 50% interest in a one square kilometer area of land near Paris France that it planned on developing. Also in talks with acqiring or gettng a partial interest in Israel and Indian pharmaceutical and biotechnology companies. Plus now joining with a Russian refinery company that wants to buy land in Canada or USA in order to build a refinery. The United States congress just passed a bill which encourges companies to build refineries. And, to top that all off, the company is going into the oil energy business. Stock closed up 50% today at .0003 In July it was .0001 but not since then. However, it has dipped to .0002 at times. I don't think that we will hit .0001 again, but we might back down again to .0002 The bid/ask at this time is .0003/.0004 so it may take awhile, but I am putting in a Good Till Cancel order in to start Monday at a price of .0002. Coastal Holdings, Inc. (CSJJ .0003 +.0001 = +50% 10/07/05) Details Growth Strategy and Announces Plans to Enter Oil and Gas Industry
HOUSTON, Aug. 30, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) today detailed its growth strategy and corporate structure. Coastal Holdings, Inc. is a diversified holding company with two major divisions: Technology and Real Estate Development. The Company's mission is to create and enhance shareholder value via a growth-by-acquisition strategy. Through its affiliate company, Coastal Holdings has completed the initial investment in a 1 square kilometer parcel of land (``the Property'') in Paris, France. With this investment, the Company has secured 50% ownership of the Property. The Company is planning to undertake a 5 to 10 year urban development project on the Property, which is located about 12 kilometers from the capital city of Paris.
Coastal Holdings has launched an aggressive Mergers and Acquisitions (M&A) initiative with respect to pharmaceutical and biotechnology firms based in Tel Aviv, Israel. As per last week's Press Release, the Company has appointed local scientific expert Philip Drachman as the firm's consultant and lead advisor with respect to this M&A initiative in Israel. The acquisition of these innovative and high-growth firms will add to Coastal Holdings' investment portfolio in Israel, which currently includes an equity interest in Vetdermal Systems Limited.
Coastal Holdings is in the final stages of negotiations to acquire an interest in an India-based pharmaceutical firm. The firm is publicly traded and is currently listed on The Stock Exchange, Mumbai (BSE). Full disclosure of this acquisition will be made within the next two weeks. Company Management is pleased to report that this acquisition process is progressing well ahead of schedule.
Coastal Holdings today also announced that it is planning to enter the oil and gas industry through acquisitions of profitable oil and gas firms and investments into productive oil and gas properties. CEO Andrea Cortellazzi stated, ``We are excited at the prospect of adding a major investment in the oil and gas industry to our portfolio. Needless to say, this is a sector that offers a potentially high rate of return and a steady revenue stream to investors for the foreseeable future.''
CEO Andrea Cortellazzi went on to state, ``We are confident that diversification into these high growth industries will help to ensure our long-term success and profitability. We will continue to expand our business through the growth-by-acquisition strategy.''
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at http://www.coastalholdings.com..
Coastal Holdings, Inc. In Joint Venture Negotiations with Vladimir Fuel Company Ltd. Wednesday September 14, 9:14 am ET
HOUSTON, Sept. 14, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) today announced that further to its press release issued on September 10, the company is in negotiations to form a joint venture with a Russian oil and gas firm, Vladimir Fuel Company Ltd. Coastal Holdings will lead the financing of the joint venture by sourcing investment capital from the equity market. The company will also play an active role in identifying a prime location for the development of an oil refinery along the eastern seaboard of Canada or the United States. Once established, the refining capacity of Vladimir Fuel Company will be significantly expanded, along with immediate access to distribution throughout North America. For its part, Coastal Holdings will hold a percentage working interest in the joint venture. Further details will be disclosed upon signing of the formal joint operating agreement.
Coastal Holdings, Inc. Finalizes Purchase Agreement With BDT Energy Producers, Inc. to Acquire Interest in Development Oil Well Friday October 7, 3:03 pm ET
HOUSTON, TX--(MARKET WIRE)--Oct 7, 2005 -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), today announced that further to the MOU signed on September 27, the Company has finalized a Purchase Agreement with BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well. The Purchase Agreement will be signed by both parties following its clearance with their respective legal departments. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well. ADVERTISEMENT
The oil well, designated as NO. 2 HONEY, is located in Jasper County, Illinois. This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. This well, with the many producing zones nearby, is a very conservative drilling venture for oil and gas. It is located in the largest oil field in the State of Illinois and near the crest of the Clay City Anticline, which is the structure responsible for the oil accumulation in the field. With nearby wells producing for 30 years, the NO. 2 HONEY is an excellent opportunity for the production of oil. In addition, with the current price of oil near $60.00 per barrel, the economics of this well is exceptional. Moreover, due to the fact that in this immediate area exists a team of oil producers with over 45 years of experience and with one of the members being a Registered Petroleum Engineer, only enhances the opportunity for success by drilling this well at this location.
Posted by eddy on :
the most important part of the press- This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone.
now if they were to hit oil, let's just say 1/6 as much oil per day as the 650 BOPD in the press, this could go into the pennies- say 100 BOPD at 60.00 per barrel would be 6,000 per day-and 75% would equal 4,500 per day to CSJJ-now if it was to be 500 BOPD that would mean so much money to this stock, no telling how high it might run-at .0004 it is worth my chance to maybe be one of the biggest sub's ever-jmo
Posted by eddy on :
any one else buying more tomorrow? thanks
Posted by eddy on :
anyone know how many feet they can drill per day in limestone? is not limestone soft rock? seems like I remembered around 100 foot per day can be drilled? maybe someone knows for sure -thanks-------from the press late friday------------------------------------------------------------------ ----the most important part of the press- This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone.
Posted by eddy on :
almost 4 billion outstanding shares but this may be a good flipper for a pink sheet stock as long as the momo allows you to sell.
GLTA
Q
Posted by eddy on :
Glad they are getting into oil-oil is hot as long as the price stays up around 60.00
Posted by Rasica on :
From my reading they are not buying the old wells. CSJJ dished out $475,000.00 to drill a new well 3/8 of a mile from a well that produces 600+ BOPD. EOGI just spent over $675,000.00 to drill the Empress well on the Arcadia Project in Alberta. That well was just tested at 500 mcfd NG and will be on line shortly.
So in comparison, $475,000.00 does sound about right for the new well and I hope they hit it big. Though they are not going for NG which will be a short commodity this winter, Oil runs a close second. http://www.emersonoilandgas.com/prospects/prospect_acadia.htm
GLTA
[ October 09, 2005, 19:27: Message edited by: Rasica ]
Posted by eddy on :
Rasica thanks!!!!!!!!!!!
Posted by matto on :
some new info!!!!!! its time to buy!!!!!!!!!
Coastal Holdings Inc acquires working interest in development of oil well 10/10/2005
Oct 10, 2005 (M2 EQUITYBITES via COMTEX) -- Coastal Holdings Inc (OTC:CSJJ.PK), announced on Friday (7 October) that further to the MOU signed on 27 September 2005, it has finalised a purchase agreement with BDT Energy Producers Inc, an owner of oil producing wells, to acquire a working interest in a development oil well.
Under the agreement, which will be signed by both the companies, Coastal Holdings will invest USD0.475m in cash to fund the developmental drilling of an oil well that is wholly owned by BDT, and will receive a 75% working interest in the oil well.
Comments on this story may be sent to admin*m2.com
I love this one also because of this december 04 press-Press Release Source: Coastal Holdings, Inc.
Coastal Holdings, Inc. Assures Investors of No Reverse Split of Shares Thursday December 9, 2004 9:00 am ET
HOUSTON, Dec. 9, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), a leading edge global technology holding company, announced today that it has passed a resolution stating that it will not perform a reverse split of its issued and outstanding shares. In addition, the Company confirmed its intention to buyback and retire a significant number of shares in the coming year. These initiatives are in line with the Company's commitment to maximizing shareholder value. CEO Andrea Cortellazzi stated: ``We are taking these steps to maximize our share value and position the Company for future growth in the biotechnology industry.'' For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at http://www.coastalholdings.com. Forward-Looking Statements
Posted by matto on :
up 33% may run today
Posted by eddy on :
.0002x.0004-anyone getting filled at .0003?
Posted by eddy on :
anyone get filled today?
Posted by dalton05 on :
News for 'CSJJ' - (Coastal Holdings, Inc. Provides Update on Purchase Agreement With BDT Energy Producers, Inc. to Acquire Interest in Development Oil Well)
HOUSTON, TX, Oct 12, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ), today announced that it anticipates to sign the Purchase Agreement with BDT Energy Producers Inc. (BDT) by the middle of next week. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well, designated as NO. 2 HONEY and located in Jasper County, Illinois, that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well.
The financial terms and tax advantages of this investment are very favorable for Coastal Holdings. First of all, this investment can be completely written off by Coastal Holdings in the year of investment and save the Company approximately $200,000 in Federal Income tax. In addition, BDT will guarantee Coastal Holdings a selling price of $50 per barrel of oil for the first 3,600 barrels of oil produced by the well, once it is drilled and becomes a producing well. This guarantees a base price for the oil produced, and if the market price is higher then Coastal Holdings' return on investment will correspondingly rise and provide the Company with a quicker payback. Based on a current market price of $60 per barrel of oil and a minimum annual production of 5,210 barrels of oil, within one year Coastal Holdings will receive a total return of its investment in the well and generate a profit.
About NO. 2 HONEY Oil Well
This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be 3/8th of a mile southeast of a well which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. This well, with the many producing zones nearby, is a very conservative drilling venture for oil and gas. It is located in the largest oil field in the State of Illinois and near the crest of the Clay City Anticline, which is the structure responsible for the oil accumulation in the field. With nearby wells producing for 30 years, the NO. 2 HONEY is an excellent opportunity for the production of oil. In addition, with the current price of oil near $60.00 per barrel, the economics of this well is exceptional. Moreover, due to the fact that in this immediate area exists a team of oil producers with over 45 years of experience and with one of the members being a Registered Petroleum Engineer, only enhances the opportunity for success by drilling this well at this location.
About BDT Energy Producers, Inc.
BDT Energy Producers, Inc. (BDT) is a subsidiary of Britton Oil Properties, a well-established 42-year old firm that owns 14 producing oil wells on 480 leased acres in Southern Illinois, approximately 125 miles east of St. Louis, Mo. and 75 miles northwest of Evansville, Indiana. These wells have a total production capacity of 15 BOPD and an accumulated reserve of 330,000 barrels of oil. Since 1976, Britton Oil has sold $3.5 million worth of oil from these wells. BDT has been formed solely for the purpose of developmental drilling of new oil wells and has selected 5 prime drilling locations from Britton Oil Properties that it is now in the process of funding.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com. Posted by johnny14511 on :
IM TRYING TO GET FILLED IN AT .0002
Posted by JOELGA on :
johnny, don't think that you will get filled at 2 but good luck. Let us know if you do
Posted by dalton05 on :
hopefully this will climb a little.This is positive news.
Posted by eddy on :
looking great-G/L all
Posted by eddy on :
.0002x.0004-anyone getting filled at .0003? thanks
Posted by eddy on :
could the pr. be wrong?-5210 BOPD x 60.00=312,600.00-they are paying 475k for the right to drill. but the pr. says they will make money on the well the first year? thoughts?
Posted by iwearpro on :
The drill was more than likely financed over a long term and is going to be depreciated over over the next few years,the drill is a write off and with the stretch of payments.I can see where they will make money.
Posted by eddy on :
thanks
Posted by IWISHIHAD on :
Is the oil deal still a go? I thought this one would start holding at .0004 if it was. Seems to be great buy at even .0004 if the deal is finalized.
Posted by IWISHIHAD on :
It appears every one is silent on this one. I guess they are either loading up or unloading.
Posted by JOELGA on :
Or waiting!
Posted by lilhen2005 on :
I bought into this and I'm waiting to see if te deal goes through. Hope to make some green, but they are all free shares.
Posted by JOELGA on :
Yeah, this one is a crap shoot but I don't have too much wrapped up. 400,000 and waiting.
Posted by Malloy on :
Rumour of a big PR coming tomorrow...
Posted by IWISHIHAD on :
What has happened to the oil deal? I thought it was to be completed by now.
Posted by sportsguy on :
Remember this release from awhile back.
.05 for the short term. Anyone still believe this guy?
HOUSTON, Aug. 12, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) is pleased to announce Market Advisors has initiated coverage of their company. Mr. Jeff Helleberg confirms a positive outlook on CSJJ based on his analysis of the Company's projected growth and fundamentals. Mr. Helleberg's price target of $0.05 indicates a strong short-term outlook. The complete analyst report will be posted on the Company website during the course of the day. Once posted, investors may view the analyst report by clicking on the attached link: http://www.coastalholdings.com/analysis. Posted by IWISHIHAD on :
.0005 would be nice for a starter.
Posted by dalton05 on :
News for 'CSJJ' - (Coastal Holdings, Inc. Receives Signed Purchase Agreement From BDT Energy Producers, Inc. to Acquire Interest in Development Oil Well)
HOUSTON, TX, Oct 21, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ), is pleased to announce that it has received the signed Purchase Agreement from BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well.
After further analysis, Coastal Holdings has decided to purchase the oil well designated as NO. 3 HINES rather than NO. 2 HONEY that appeared in the original MOU and first draft of the Purchase Agreement with BDT. Due to its location adjacent to BDT-owned and producing wells at NO.1 HINES and NO. 2 HINES, the purchase of this oil well is a lower risk venture while still offering Coastal Holdings high revenue and profit potential in a well which could last for 30 years or more. This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be only 660 feet east of an old TEXAS Oil Company (TEXACO) well which produced 55 barrels of oil per day (BOPD) and no water from the Rosiclare limestone. This new well will also be 660 feet west of NO. 2 HINES which has sold in excess of $175,000 in oil produced from the Rosiclare limestone, from just one (1) of the 7 pay zones present in this well. As there are a number of pay zones that produce oil in the immediate area, this well will be drilled to test a total of 8 pay zones for oil and gas production.
The financial terms and tax advantages of this investment are very favorable for Coastal Holdings. First of all, this investment can be completely written off by Coastal Holdings in the year of investment and save the Company approximately $200,000 in Federal Income tax. In addition, BDT will guarantee Coastal Holdings a selling price of $50 per barrel of oil for the first 3,600 barrels of oil produced by the well, once it is drilled and becomes a producing well. This guarantees a base price for the oil produced, and if the market price is higher then Coastal Holdings' return on investment will correspondingly rise and provide the Company with a quicker payback. Based on a current market price of $60 per barrel of oil and a minimum annual production of 5,210 barrels of oil, within one year Coastal Holdings will receive a total return of its investment in the well and generate a profit.
About BDT Energy Producers, Inc.
BDT Energy Producers, Inc. (BDT) is a subsidiary of Britton Oil Properties, a well-established 42-year old firm that owns 14 producing oil wells on 480 leased acres in Southern Illinois, approximately 125 miles east of St. Louis, Mo. and 75 miles northwest of Evansville, Indiana. These wells have a total production capacity of 15 BOPD and an accumulated reserve of 330,000 barrels of oil. Since 1976, Britton Oil has sold $3.5 million worth of oil from these wells. BDT has been formed solely for the purpose of developmental drilling of new oil wells and has selected 5 prime drilling locations from Britton Oil Properties that it is now in the process of funding.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the company website at www.coastalholdings.com.
Forward-Looking Statements
Posted by dalton05 on :
Maybe they will be around the same price as the other oil stocks around .01 and up
Posted by stnkng1 on :
its at .0003 now think this could run to .0006 today?
Posted by mbmaid on :
This is finally going to see its day in the sun. Every dog has its day, and it might CSJJ's turn. GLTA.
I'm getting in now.
Posted by abefroman on :
I am curious as to why they would release this on a Friday. It's good news though
Posted by Malloy on :
My guess is they had to double verify with lawyers cause they usually sent them out mid-week.
quote:Originally posted by abefroman: I am curious as to why they would release this on a Friday. It's good news though
Posted by matto on :
So we can have a big gapper on monday!!!!! 25mill shares and wooo hooo its my turn!!!
Posted by Buckeye on :
Any current L2's out there? (ask--for those who entered pre-market)
Posted by bmarley5780 on :
0002x0003 2*6
Posted by abefroman on :
Anyone see pre-market movement? I am on my blackberry - thanks!
Posted by Malloy on :
3MM at bid now
Posted by bigthc1 on :
In at .0003.
Posted by Buckeye on :
Me too. Same price
Posted by stnkng1 on :
in at .0003
Posted by iwearpro on :
in at .0003 as well!!! lets have fun gents!
Posted by stnkng1 on :
only bought 300,000 but a double would be nice
Posted by stnkng1 on :
whats the chances of a double?
Posted by Rasica on :
Should be interesting
Posted by iwearpro on :
getting alot of buying pressure!! This thing is going to pop in a bit...
Posted by stnkng1 on :
any opinions on what they are seeing this goto today
Posted by bigthc1 on :
Depends on volume.
Posted by stnkng1 on :
you would think the volume would be really going with the good news and all we will just have to see
Posted by matto on :
are we the only ones who have seen the news?
Posted by stnkng1 on :
is everyone still here or are they getting away from this stock? im staying im just wondering if im alone
Posted by lilhen2005 on :
I'm still here, I'm holding all free shares now, and won't part with them until favorable conditions are more apparent. Did some T/A, and this week looks good for a small bounce, but could take some time, and I have lots of that. GLTA, and have a little fun this week.
Posted by lilhen2005 on :
Folks,I really believe this has got to be one of the most undervalued oil stocks out there right now. It wont take much to get this one to move! I am almost 1 mil. in right now and with some buying power or news this one will be up there with TWOG!
Posted by stnkng1 on :
i cant beleive this went down a tick today i figured there would be alot of buying going on with news out the other day.
i think this is gonna be a nice one sooner then most think
JMHO
Posted by stnkng1 on :
any comments or opinions on this one from anyone
Posted by iwearpro on :
This stock will hit like no tomorrow when it does hit. You can in now way go wrong with any stock right now related to oil and gas. Hold this and move it to the long term portfolio.It wont take much to get this moving!
Posted by stnkng1 on :
sorry for bothering you iwear but do you think this stock could hit .005 in the near future.
Posted by iwearpro on :
I think this stock has the ability to be the next TWOG or AMEP. Yeah I think it will and higher.
Posted by IWISHIHAD on :
I read CSJJ press release and every time I read it, I am still not sure that the deal has gone thru. They word it to sound like it has but they never really state it.
Posted by IWISHIHAD on :
Does anyone know if the oil deal was ever confirmed?
Posted by IWISHIHAD on :
Does anyone have a phone number other than the one listed, I never get anyone answering at the one listed on the yahoo page. I want to see if they actually have a completed contract for this oil deal.
Posted by iwearpro on :
I dont know but looking at the level 2's there is a whole string of 1 and 2 million share blocks being bought!! Someone know something? As cheap as this stock is it is crazy to not own a oil stock with this cheap of shares.. My opinion only though......
Posted by IWISHIHAD on :
But is it an oil stock yet?
Posted by iwearpro on :
I just sent them a e-mail about this. If you look at the press release it says "update on purchase" on 10/12/05 and it says "signed purchase agreement" on 10/21/05. I would say its signed to start drilling. I say its going to be just like AMEP & TWOG. Once oil is struck,then this will shoot up im sure.
Posted by IWISHIHAD on :
It's not real clear and this company makes me a little more questionable because of past PR'S. I also think when then changed area's as they stated in this PR. a new contract would have to be done,just my guess. I am in for a small amount which could cost me if I misread this and it doesn't go thru.
Posted by Malloy on :
L2 is shifting. 5x4 now.
Posted by IWISHIHAD on :
iwearpro- any response to your E-Mail?
Posted by MoeMoney on :
Yes, I do believe here we have what is called an undiscovered gem. Its fun to go treasure hunting in this jungle of stock ventures. Thank goodness this one is not on many radar screens yet or we would be paying a lot more for this baby. Im in at .0003 and dont see how it can keep from exploding once the oil venture becomes more common knowledge. You have to admit, there are few of us that are this far subsurface looking for gold. It takes a lot of patience and DD to find millionaire makers. As for me, I am adding CSJJ to my potential grand slam winners. Patience is a virture. Hold and the sun will soon come out.
Posted by iwearpro on :
quote:Originally posted by IWISHIHAD: iwearpro- any response to your E-Mail?
Not yet, I just check and it nothing but spam!lol oh well,Ill keep checking and if I dont hear anything,Ill try again.
Posted by stnkng1 on :
has there been any other oil stocks that went up from the .0003 mark or is this gonna be impossible to go up
Posted by stnkng1 on :
that stinks i just noticed this dropped to .0002 just got home from work and seen it i was really hoping i would see .0004 today guess i will just keep waiting
Posted by iwearpro on :
Thats ok,I have a buy order for the 0002 and I hope it hits. I have a million shares already at 0003 . It will help the averages. remember this is a long play.
Posted by stnkng1 on :
HOW LONG DO YOU THINK IT MIGHT BE
Posted by IWISHIHAD on :
STNKNG1- I am sure at one point early last year TNOG was at .0003, I think I bought in at .001, and just missed a buy at .0008 in Dec. I sold at .036, should have gotten out at .05 but it was on that great run.
Posted by IWISHIHAD on :
One more thing, CSJJ is not TNOG, at least nothing at this point would indicate that.
Posted by stnkng1 on :
are you saying TNOG is far better then csjj will ever be
Posted by Malloy on :
I've also been accumulating for awhile. This stocks seems to always bounce back when you least expect it.
quote:Originally posted by iwearpro: Thats ok,I have a buy order for the 0002 and I hope it hits. I have a million shares already at 0003 . It will help the averages. remember this is a long play.
Posted by IWISHIHAD on :
In my opinion I don't think it is a tnog at what I see now. I do not want any one selling or buying because of my opinion. If this is an oil stock it will most likely run, in fact it should have. Right now I think the ones making the money are the mm's. Here's The question, as investors Do you think the oil deal is all complete and CSJJ is now in the oil business?
Posted by IWISHIHAD on :
Has anyone contacted the oil company CSJJ is bought or is buying the property from to see what's up? I can't locate a phone number for them.
Posted by IWISHIHAD on :
I read that this deal is finalized, yet I still wonder? It doesn't sound like any one receives any E-Mail to confirm this? I cannot find any phone numbers for BDT energy or Britton oil.
Posted by IWISHIHAD on :
I am sure some people wonder why I am asking so many questions. I did not realize till after I bought this stock who was the CEO of this company was. If you use your search on this board, go to a company called CDVJ and look thru there PR's. This is why I am concerned.
Posted by stnkng1 on :
are you giving up on this one already.
Posted by iwearpro on :
The top two things that drive the stock market are fear and greed. The only thing I know is this stock cant much lower and when they do become a "oil stock" I assure you it wont go lower than it is now.I think this is a fearless stock for the longs.
Posted by IWISHIHAD on :
At this point I could not sell at .0003 It's hard to take a loss at this point. This stock should have run if they had a contract for oil. Insiders should have bought it up prior to us knowing,that bothers me. Bottom line I am not sure , I hope someone confirms a contract has been signed, that would make me feel a little better,I will not stay in this one to long, one way or the other. I actually prefer the other stock that announced their getting into oil today at .0004, they appear to have a better track record at this point, at least to me.
Posted by IWISHIHAD on :
I agree with you iwearpro and it should be an oil stock by what they said in their 10/7/05 wire they used the word finalized. If it is, it should only go up from .0003 unless something is wrong.
Posted by Rasica on :
Notice the last paragraph, it states, "Coastal Holdings has DECIDED to purchase the oil well designated as NO. 3 HINES." It is also relevant to observe they are drilling into the Salem Limestone for (8 pay zones) and not the Rosiclare Limestone. On their October 12th news release it is important to note, "This well (NO. 2 HONEY--changed to NO. 3 HINES) will be drilled into the Salem Limestone at a depth of 3350 feet..." note* it is similar to a well that is 3/8th of a mile southeast which produced 650 barrels of oil per day (BOPD) from the Salem Limestone. But the most important note here is that it will be drilled into the Salem Limestone as the 650 BOPD well.
HOUSTON, TX, Oct 21, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ), is pleased to announce that it has received the signed Purchase Agreement from BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of an oil well that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well.
After further analysis, Coastal Holdings has decided to purchase the oil well designated as NO. 3 HINES rather than NO. 2 HONEY that appeared in the original MOU and first draft of the Purchase Agreement with BDT.
Posted by IWISHIHAD on :
I know. Do you have the same concerns as me?
Posted by stnkng1 on :
no concerns about anything if they are gonna drill 3/8 of a mile away from a well that produces 650 barrels a day we are all gonna get wealthy.
Posted by IWISHIHAD on :
YEP "IF".
Posted by stnkng1 on :
if so you dont think they will
Posted by IWISHIHAD on :
Time will tell. First I want to know for sure there is a contract. For the investors that are already in, I think were going to stay to see what happens in the next few weeks at least. For the ones not in, watch and see, make sure there is a deal, it could go up some and cost a little more to buy in, but it might be worth it. Just my opinion.
Posted by iwearpro on :
lots of volume today! anyone know anything? I looked and could not find any new news.
Posted by Malloy on :
L2 continues to shift.
Now 6 at bid and only 2 left at ask.
Should break .0003 very soon.
Posted by stnkng1 on :
cant wait til it breaks .009 hopeful in a year or so. LOL would be nice if it could happen before that
Posted by stnkng1 on :
that sucks i see it went to .0002 it is going the wrong way whats up
Posted by IWISHIHAD on :
Stnkng1- I would not worry about the price change right now, I think the MM's are just playing a little. We will see if they post some more PR's for the company or someone get's a reply to their E-Mail.
Posted by stnkng1 on :
yeah guess your right just trying to find one of these stocks to hit for me but i guess we all are.
Posted by IWISHIHAD on :
Hope it hits BIG. Have a good weekend.
Posted by stnkng1 on :
anyone have an idea when this stock comes out with prs or has anyone heard anything new yet
Posted by stnkng1 on :
no movement or any new news has any one heard anything yet
Posted by stnkng1 on :
no talk going on here either whats up
Posted by IWISHIHAD on :
I don't think anyone has heard anything. I tried calling many times never an answer, seems to be waste of time. All I can do is wait and see or sell, still waiting at this point.
Posted by stnkng1 on :
thanks for reply
Posted by stnkng1 on :
is everyone done with this one
Posted by IWISHIHAD on :
Appears people are slowly bailing out,you can't blame them, we hear nothing. The market makers and brokers are the ones making the money right now.
Posted by iwearpro on :
im still in it strong! its a soon to be oil company for pete sake.. hello, make a quick penny on ship wrecks and lord know what else,but this one is a long for sure. if one was smart they and dont mind keeping a dime tied up,these types of companys are the ones to put it into for the longer haul! Posted by Malloy on :
A new PR should be coming out soon. Low volume at least tells us they are not dumping and like I've said before, this one has a tendancy of running to .001 every now and then.
Posted by Malloy on :
2 MM left at .0003
Posted by iwearpro on :
There is a ton of volume today.. could be news in the works! Posted by Malloy on :
Volume is not very high today, opening got a few nice buys but very quiet since...nobody selling and all waiting to get in at .0002...won't happened when news hit IMO.
quote:Originally posted by iwearpro: There is a ton of volume today.. could be news in the works!
Posted by stnkng1 on :
when should we be expecting some news does anyone no a date or something close
Posted by iwearpro on :
I think alot of people have focused on this last release of info and not on the company. Included is a link to come of the projects that CSJJ is working with. As with any business completing deals takes a good bit of time sometimes. check out the link and look at some of the things they are involved with. Im sure if you buy our have bought at these levels,once one of the pending deals is done,let alone all of them,it will be well worth the wait. http://www.coastalholdings.com/news.asp PAY ATTENTION TO THE POST TITLED "Coastal Holdings, Inc. Issues Financial Projections for 2005 to 2008"! Posted by stnkng1 on :
so iwear i no you dont no the real answer or guess to this but if someone gets in at .0002 or .0003 the shouldnt worry about losing there money but possible the pps in this stock could someday maybe make it to .0005 or .0006 just your opinion would be great
Posted by stnkng1 on :
and 1 more thing since this is an oil stock can i pretty much count on this not being a scam stock or is there still a possibility it could be
Posted by GatorMan on :
quote:Originally posted by stnkng1: and 1 more thing since this is an oil stock can i pretty much count on this not being a scam stock or is there still a possibility it could be
ESPECIALLY since this is an oil stock you should consider that it may be a scam. For some reason natural resouce stocks have a higher possibility of the shareholders loosing everything.
Posted by Rasica on :
If CSJJ is succesful in producing oil from the No. 2 Hines at the Salem Limestone Zone, I would expect .0005 & .0006 would be in the dust.
CSJJ was at .75 pps a little over a year ago on hopes that a novel approach to medicine delivery would be the next best thing in veterinarian medicine. I believe Vetdermal was not a good investment and some have lost money I suspect. In fact, there are many bashers who probably meet the MO of such a loss.
But the point is if you buy in at such a low PPS and nothing works out, sell at the bid and try another. But if Hines 2 goes through and hits pay dirt, then the share holder should do well. Only the basher will be left with inverted metaphors and an advil headache.
GLTA
Posted by iwearpro on :
[QUOTE]Originally posted by stnkng1: and 1 more thing since this is an oil stock can i pretty much count on this not being a scam stock or is there still a possibility it could be [/QUOTE
This company is a holding company that invest into numerous things,not just oil.Looking at the business reports and financial statments, I would say its safe to say that A: Its not a scam B: its safe to say that with just one of the new contracts signed, this stock will take off. How far I wish I knew, alot higher that .0005-.0006 thats for sure. Here is a statement from their press release.
"Based on each company's conservative financial forecasts, CSJJ's total projected income is as follows: $2.5 M in 2005; $25.0 M in 2006; $30.5 M in 2007; and $48.5 M in 2008. CEO Andrea Cortellazzi stated: ``The future looks very bright for Coastal Holdings and its shareholders. Our mission to build a leading-edge and profitable technology holding company is quickly becoming a reality.''
Posted by stnkng1 on :
i beleive we will be getting some good stuff coming from this stock but we might be waiting until Dec. or early Jan. but that will be alright with me
Posted by Malloy on :
9M block buys, only 1MM left at ask
Posted by Malloy on :
Coastal Holdings, Inc. Reopens Negotiations to Acquire Interest in India-Based Pharmaceutical Firm
HOUSTON, TX, Nov 09, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ) is pleased to announce that it has reopened negotiations to acquire an interest in an India-based pharmaceutical firm. Negotiations were at an impasse for the past couple of months due to lack of adequate communication between the firm and Coastal Holdings. However, in the past week, the firm has approached Coastal Holdings with the intent of re-opening negotiations. Coastal Holdings has decided to re-open acquisition negotiations due to the high growth potential of the firm and the fact that it would likely be a profitable addition to the Company's portfolio. The firm is publicly traded and is currently listed on The Stock Exchange, Mumbai (BSE). The firm has experienced strong annual growth in its revenue and profit over the past couple of years, which is due in part to its focus on the rapidly expanding therapeutic segments of the industry such as diabetes. The firm is in the process of expanding its product portfolio and operations overseas in order to consolidate its position as one of the major India-based players in the global pharmaceutical industry. Coastal Holdings today also announced that it will be releasing news tomorrow on its oil and gas division, specifically with respect to current developments on the Purchase Agreement with BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
Coastal Holdings, Inc. Andrea Cortellazzi CEO Ph# (514) 288-9699 E-mail: aandre005*sympatico.ca
SOURCE: Coastal Holdings, Inc.
CONTACT: mailto:aandre005*sympatico.ca
Copyright 2005 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Pharmaceuticals and Biotech:Drugs Pharmaceuticals and Biotech:Equipment and Supplies
Posted by dalton05 on :
News for 'CSJJ' - (Coastal Holdings, Inc. Reopens Negotiations to Acquire Interest in India-Based Pharmaceutical Firm)
HOUSTON, TX, Nov 09, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ) is pleased to announce that it has reopened negotiations to acquire an interest in an India-based pharmaceutical firm. Negotiations were at an impasse for the past couple of months due to lack of adequate communication between the firm and Coastal Holdings. However, in the past week, the firm has approached Coastal Holdings with the intent of re-opening negotiations. Coastal Holdings has decided to re-open acquisition negotiations due to the high growth potential of the firm and the fact that it would likely be a profitable addition to the Company's portfolio. The firm is publicly traded and is currently listed on The Stock Exchange, Mumbai (BSE). The firm has experienced strong annual growth in its revenue and profit over the past couple of years, which is due in part to its focus on the rapidly expanding therapeutic segments of the industry such as diabetes. The firm is in the process of expanding its product portfolio and operations overseas in order to consolidate its position as one of the major India-based players in the global pharmaceutical industry.
Coastal Holdings today also announced that it will be releasing news tomorrow on its oil and gas division, specifically with respect to current developments on the Purchase Agreement with BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.
Posted by Malloy on :
Another PR coming tomorrow about the oil co.
"Coastal Holdings today also announced that it will be releasing news tomorrow on its oil and gas division, specifically with respect to current developments on the Purchase Agreement with BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well."
Posted by stnkng1 on :
thats gonna pop up volume a little bit isnt it or atleast it should. wonder what the oil news will be i dont even think they have th oil rig set up yet for drilling do they.
Posted by Malloy on :
Getting some volume but today's news is just about negotiations.
As for the oil rig, I guess will know more about it tomorrow. But last PR said " signed Purchase Agreement from BDT Energy Producers" which means the deal's done. THe rest of that PR explain how the money will come but I'm no Oil expert. I would like to see what revenue will come from that deal explained.
quote:Originally posted by stnkng1: thats gonna pop up volume a little bit isnt it or atleast it should. wonder what the oil news will be i dont even think they have th oil rig set up yet for drilling do they.
Posted by iwearpro on :
Yes and dont forget to look at all of their investments that are on the edge of breaking out too.their is a oil deal with a Russian company as well!. Coastal has their hands in lots of money making adventures that are all soon to start taking off.
Posted by stnkng1 on :
i can see this getting back into .01 plus by the end of 2006 IMHO
Posted by iwearpro on :
Fo sho
Posted by stockvaper on :
This company just never seizes to amaze me. They have a very 'imagineering' drive and focus. Posted by Malloy on :
Oil news should be before noon as they announced it for today.
ONly 2MM at .0003
With a bit more volume than yesterday, we should start printing .0004 and get a lot of attention from people on sidelines.
Posted by iwearpro on :
quote:Originally posted by Malloy: Oil news should be before noon as they announced it for today.
ONly 2MM at .0003
With a bit more volume than yesterday, we should start printing .0004 and get a lot of attention from people on sidelines.
Where did you get this info from?
Posted by Rasica on :
Wednesday, November 09, 2005 11:04 ET
HOUSTON, TX, Nov 09, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ) is pleased to announce that it has reopened negotiations to acquire an interest in an India-based pharmaceutical firm.
Coastal Holdings today also announced that it will be releasing news tomorrow on its oil and gas division, specifically with respect to current developments on the Purchase Agreement with BDT Energy Producers Inc. (BDT) to acquire a working interest in a development oil well.
Posted by iwearpro on :
thanx
Posted by stnkng1 on :
news should be coming within the hour
Posted by Malloy on :
Just a reminder how this stock pops every other month.
Last time was August 12th. Moved from .0003 to .0013 during the day.
There's been a few other spikes like this during the year but the best was last december from .0002 to .0025.
Hope we can have this again :-)
Posted by iwearpro on :
Just picked up another Mill just for good luck. Posted by stnkng1 on :
must not gonna be any news today unless someone has heard different
Posted by stnkng1 on :
i hate waiting
Posted by stnkng1 on :
anything about news yet someone give them a call
Posted by stnkng1 on :
one thing i hate about this stock is the volume doesnt move until later in the day like right now the volume is 0 why is that
Posted by stnkng1 on :
yee haa the volume isnt 0 for the day anymore someone got smart and bought some
Posted by iwearpro on :
I just put a call in to investor relations and no one picked up. Ill try and call back in a bit to see where our P/R is that was supposed to be here yesterday.
Posted by iwearpro on :
I thought this was good food for thought.
MARKET ADVISORS RESEARCH
“Technical Analysis For Today's Investments” August 2005 Stock Symbol- CSJJ.PK
NEWS FLASH: Coastal Holdings, Inc. is in the advanced stages of completing negotiations to acquire an interest in an India-based pharmaceutical firm. This is a publicly traded company listed on The Stock Exchange, Mumbai (BSE) and already has experienced strong annual growth in its revenue and profit margins over the last couple of years. This is due in part to their focus on the rapidly expanding therapeutic segments of the industry such as diabetes. Currently a major India-based company, Coastal will assist them in overseas expansion.
More than 325 million people worldwide have been helped by the more than 155 biotechnology drugs and vaccines approved by the U.S. Food and Drug Administration ( FDA ). Of these medicines, 70% have been approved in the last 6 years. Posted by stnkng1 on :
.52 intermediate that would be awesome there is no way that could ever happen is there you would have to hang on for years and you arent suppose to do that with pennies right
Posted by iwearpro on :
Lol.Anything is possible.If they landed one of those major contracts that they are banking on?You never know..05 Would be right fancy with me for now though.
Posted by IWISHIHAD on :
Iwearpro- Good luck at getting through. Did you every get an E-Mail response?
Posted by iwearpro on :
I sent one of those too. Damn now the lines busy. Ill keep tryin
Posted by IWISHIHAD on :
I meant to say E-Mail you sent on the 25th of Oct.
Posted by iwearpro on :
nope,squeeky wheel gets the oil so I sent another. Posted by stnkng1 on :
i hope there a real business and not some mlon or someone like that
Posted by stnkng1 on :
i take it there isnt gonna be any news coming out today
Posted by stnkng1 on :
iwear have you gotten ahold of anyone at csjj yet today to see about the news
Posted by Rasica on :
They are going to discourage all shorts
Posted by Steela on :
Not sure what you mean Rasica. Shake type discourage?
Posted by Rasica on :
I believe this is the MO
Posted by iwearpro on :
Lots of volume today. over 40 million traded,thats pretty high for this stock. Something brewing?
Posted by Rasica on :
Scratching my head too about this one, wow!!!
FCDH is at 45 million today as well!!!
Posted by Malloy on :
Oil news tomorrow, CEO confirmed it was delayed but will be good.
quote:Originally posted by iwearpro: Lots of volume today. over 40 million traded,thats pretty high for this stock. Something brewing?
Posted by iwearpro on :
quote:Originally posted by Malloy: Oil news tomorrow, CEO confirmed it was delayed but will be good.
quote:Originally posted by iwearpro: Lots of volume today. over 40 million traded,thats pretty high for this stock. Something brewing?
Did you have an e-mail from them?where did you hear this?
Posted by Rasica on :
This thing ended at 95 million shares traded!!!
Bid went down and ask went up!!!
Posted by iwearpro on :
COME ON BIG MONEY
Posted by iwearpro on :
Think someone knows something....Look at the last minute buys on this thing! 94 million in volume today!!!!
0.0003 400000 OTO 15:59:58 0.0002 500 OTO 15:59:23 0.0002 3500000 OTO 15:59:04 0.0002 9000000 OTO 15:59:04 0.0002 3711000 OTO 15:58:19 0.0002 2000000 OTO 15:57:50 0.0002 1788500 OTO 15:57:50 0.0002 5000000 OTO 15:13:57 0.0002 5000000 OTO 15:11:34 0.0002 75000 OTO 15:10:54 0.0002 75000 OTO 15:10:53 0.0002 100000 OTO 15:10:33 0.0002 100000 OTO 15:10:33 0.0002 4000000 OTO 15:10:32 0.0002 5000000 OTO 15:10:31 0.0002 10000 OTO 15:10:06 0.0002 10000 OTO 15:10:04 0.0002 1000000 OTO 15:10:04 0.0002 50000 OTO 15:09:46 0.0002 2000000 OTO 15:09:33 0.0002 2000000 OTO 15:09:29 0.0002 2500000 OTO 15:07:03 0.0002 2500000 OTO 15:06:58 0.0003 333333 OTO 14:39:50 0.0003 1500000 OTO 14:38:27 0.0003 900000 OTO 14:30:04 0.0003 1760857 OTO 14:17:59 0.0003 750000 OTO 13:30:13 0.0002 5000000 OTO 13:18:11 0.0002 5000000 OTO 13:18:00
Posted by Malloy on :
Phoned the co.
quote:Originally posted by iwearpro:
quote:Originally posted by Malloy: Oil news tomorrow, CEO confirmed it was delayed but will be good.
quote:Originally posted by iwearpro: Lots of volume today. over 40 million traded,thats pretty high for this stock. Something brewing?
Did you have an e-mail from them?where did you hear this?
Posted by Malloy on :
SCHB buying everything they throw at him, ask down to 4 now.
I've added at .0002, looks like a good position to be before the PR.
Posted by Rasica on :
````Oil news tomorrow, CEO confirmed it was delayed but will be good.
Nice work Malloy!!!
Posted by Malloy on :
News out
Posted by Malloy on :
Coastal Holdings, Inc. Announces Corporate Restructuring Tuesday November 15, 11:25 am ET
HOUSTON, TX--(MARKET WIRE)--Nov 15, 2005 -- Following a review of its operating structure and functions, the Board of Directors of Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), today announced a significant corporate restructuring. The Board has developed a restructuring plan and growth initiatives designed to sharpen the Company's focus on key investments and initiatives that it believes will contribute to improved long-term success and profitability. In particular, the Company will focus on expediting the completion of the following two acquisitions: (i) NO.3 HINES development oil well from BDT Energy Producers, Inc. and (ii) at least two Israeli high-growth technology firms that it has selected after performing due diligence on several firms in that market. The corporate restructuring will take place during the course of the next two to four months.
As a consequence of the restructuring, new officers and directors will be elected to Coastal Holdings' Board of Directors in order to ensure that the pending acquisitions are completed in short order and to effectively lead the Company forward in the execution of its strategy and the next phase of its development.
The Board also announced that, as a part of the Company's restructuring, it will divest unproductive and underperforming assets. The proceeds from the sales will be used to invest in new, high-growth projects and profitable assets that will align with the Company's revised corporate growth strategy. Further details will be disclosed to shareholders over the next couple of weeks following the appointment of the new members to the Board of Directors.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: Contact: Coastal Holdings, Inc. Andrea Cortellazzi CEO Ph# (514) 288-9699 E-mail: aandre005*sympatico.ca
-------------------------------------------------------------------------------- Source: Coastal Holdings, Inc.
Posted by Rasica on :
CSJJ at 64 Million and climbing on PR!!!!!!!!
Posted by Malloy on :
CEO confirmed NO r/s.
L2 changing, SCHB buying lots now joined by ETRD
Posted by Rasica on :
CSJJ at 100 Million and climbing !!!!!!!!!!!!!
Posted by Doctoall on :
Great maybe I can finally dump what I am holding Posted by The Nice Guy on :
you people still chasing this??
on of my friends was telling me that this is a scam. Stay away from it.
What happened to their project in Paris??
Posted by iwearpro on :
Coastal holdings are in the process of trying and getting multiple deals landed.I believe that was one has some potential in the long run.
Posted by Doctoall on :
quote:Originally posted by iwearpro: Coastal holdings are in the process of trying and getting multiple deals landed.I believe that was one has some potential in the long run.
I have been with this one for the long run and it has "ran" nowhere Posted by iwearpro on :
No you are right,It,like most newer stocks dont go anywhere for awhile. If you read their financials,they anticipated making 2.5 million in 2005 and they made 2.37 milllion,close enough for me. Looking at their 2006 they predict 25 million,2007 35 million,2008 over 40 million. They have alot of irons in the fire right now and are going places. I know its a slower moving stock unlike one like gzfx,but I beleive they have a strong near future ahead of them. IMHO
Posted by Rasica on :
Coastal Holdings has decided to purchase the oil well designated as NO. 3 HINES rather than NO. 2 HONEY that appeared in the original MOU and first draft of the Purchase Agreement with BDT. Due to its location adjacent to BDT-owned and producing wells at NO.1 HINES and NO. 2 HINES, the purchase of this oil well is a lower risk venture while still offering Coastal Holdings high revenue and profit potential in a well which could last for 30 years or more. This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be only 660 feet east of an old TEXAS Oil Company (TEXACO) well which produced 55 barrels of oil per day (BOPD) and no water from the Rosiclare limestone. This new well will also be 660 feet west of NO. 2 HINES which has sold in excess of $175,000 in oil produced from the Rosiclare limestone, from just one (1) of the 7 pay zones present in this well. As there are a number of pay zones that produce oil in the immediate area, this well will be drilled to test a total of 8 pay zones for oil and gas production.
The financial terms and tax advantages of this investment are very favorable for Coastal Holdings. First of all, this investment can be completely written off by Coastal Holdings in the year of investment and save the Company approximately $200,000 in Federal Income tax. In addition, BDT will guarantee Coastal Holdings a selling price of $50 per barrel of oil for the first 3,600 barrels of oil produced by the well, once it is drilled and becomes a producing well. This guarantees a base price for the oil produced, and if the market price is higher then Coastal Holdings' return on investment will correspondingly rise and provide the Company with a quicker payback. Based on a current market price of $60 per barrel of oil and a minimum annual production of 5,210 barrels of oil, within one year Coastal Holdings will receive a total return of its investment in the well and generate a profit. http://www.coastalholdings.com/new.asp?ID=107 Posted by Rasica on :
Posted by Malloy on :
Coastal Holdings, Inc. Announces No Reverse Stock Split and Hiring Initiative Thursday November 17, 11:15 am ET
HOUSTON, TX--(MARKET WIRE)--Nov 17, 2005 -- The Board of Directors of Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), today announced that no reverse stock split is part of the Company's restructuring plan, as disclosed on November 15. This statement has been issued in response to concerns raised by several shareholders.
The Board also announced that, as part of the corporate restructuring, the Company will hire more personnel, including advisors, in order to effectively manage the new, high-growth projects that are in the restructuring plan. The Company is pleased to report that it has more than sufficient funds to finance this hiring initiative. For further information, shareholders may consult the financial statements issued in the Company's September 15 press release.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: Contact:
Coastal Holdings, Inc. CEO Andrea Cortellazzi Ph# (514) 288-9699 E-mail: aandre005*sympatico.ca
Posted by Malloy on :
Properties $2,075,000 Equipment $ 112,000 Other Assets Investments $2,800,000
Total Assets $6,293,240 ===================================================================== LIABILITIES Current Accounts payable $ 91,553 Accrued liabilities $ 332,687
Total Current Liabilities $ 424,240
Long term debt Mortgage $ 336,354 Loan $2,400,000 $2,736,354 Total Long term Liabilities
STOCKHOLDERS EQUITY Common Stock, $0.0001 par value, 5,000,000,000 shares authorized 3,741,275,464 shares of common stock issued and outstanding as of June 28, 2005 $ 374,127
Profit for the period $ 977,628 Accumulated Profit $1,780,891 --------------------------------------------------------------------- TOTAL LIABILITIES AND EQUITY $6,293,240 =====================================================================
Posted by iwearpro on :
This company has a ton going for them!!
Posted by Malloy on :
Now that they clarified their position, we should see some positive reversal.
Still expecting news from the oil project.
Posted by stockvaper on :
Still holding long ...I think this company is great. Posted by Jus Do Um on :
I believe we are in good position for growth. Got my shares and letting it ride.
Posted by stnkng1 on :
iwear is this thing gonna move someday in your opinion and can this stock ever make it to .0012 or so just need an opinion
Posted by Rasica on :
If Hines #3 comes in at 650 BOPD, just oil alone should cause it to hit .30 to .65 initially with no problem!
Posted by ChrisLee on :
What do you guys think about the massive vol we have had the last 2 days?
Posted by Rasica on :
Massive dumping, but A.C. will keep a clean nose!
Posted by iwearpro on :
I own 3 million shares of this stock and am watching it closely.I think out of all the stocks in my portfolio this one, and gzfx has the most potential.
Posted by stnkng1 on :
i only own 2.5 million shares and was really thinking about selling to buy more GZFX and then later getting back in what do you think iwear csjj probrably has awhile before it starts to even move dont you think i mean it sat at .0001 for awhile today and i havent seen it over .0003 for i dont no how long. when i first bought i was doind alot of dd on it and really thought it was awesome and could of been .01 someday so i dropped $500 into it and got 2.5 mil but i think it may take along along time your opinion again please
Posted by stnkng1 on :
i just sold all of my cnes yesterday to get more GZFX shares i hope that was a ggod move
Posted by Malloy on :
Good question.
Someone's been buying all those shares. Over 200M traded.
1MM left now on ask, seems they cleaned it up.
quote:Originally posted by ChrisLee: What do you guys think about the massive vol we have had the last 2 days?
Posted by stnkng1 on :
think this will ever see .0005
Posted by Malloy on :
It happens every other month. Any good Oil news out and we should.
quote:Originally posted by stnkng1: think this will ever see .0005
Posted by Rasica on :
January will be a good month to reassess...nothing will happen here untill then. So buy the amount you wish to sit on until then. If good news on oil...then we're out of sub penney land. If Hines #3 hits like Texaco did less than a half mile away in the Salem limestone with 7 pay zones, well I believe .30-.60 pps is a fair representation. If this well produces 650 BOPD...well lets just say champagne will be flowing too. Now, we haven't even considered natural gas and there maybe very little, but if any, this is a plus.
Consider the prices in oil now which is 1 1/2 times higher than a year ago and ng about the same level..and we have very good multipliers.
Its not that hard to get one new well drilled...look at EOGI...one guy...one well which is at 500 k/ft3 ng, and he just got financed to build the pipeline for tie in. This is another well (Empress)in Acadia/Canada that will easily hit .35 in another two months. So watch this one close, buy time would be about Christmas. QOIL is its kissing cousin in Acadia.
So for me CSJJ is a gamble, but if A.C. wants to make some serious money (low risk area), it makes sense to try for 650 BOPD...especially when BDT has guaranteed a base minimum with their very old low producing oil fields as backup. Remember, this new drill is far different than BDT because it will traverse 7 payzones to Salem. I'm in this lite so if it fails oh well, I've wasted more money buying beer throughout the ages.
GLTA
Posted by stnkng1 on :
so your saying if they find oil then a .0003 stock can goto .30 or so thats almost 100000% raise i dont no about that
Posted by Rasica on :
When it happens, it doesn't take long either!!
GLTA
Posted by yipching on :
Bid on this is .0001, ask is .0007... What a spread!
Posted by iwearpro on :
if everyone puts a sell at like .50 I believe the spread will increase. I have mine set at .52 .
Posted by stnkng1 on :
iwear do you even thing there is a chance in the world this stock ever even seeing .01 in this life i mean i hope but i was just wondering i am not holding alot of shares but i do have 633,333 that would be nice if it ever hit .01
Posted by iwearpro on :
In my opinion,as cheap as it is right now and as many irons in the fire as the have going right now,I would keep what I have and wait on it.
Posted by Rasica on :
Perhaps A.C. is gaining confidence in his ventures, thus raising the ask??
GLTA
Posted by ChrisLee on :
quote:Originally posted by iwearpro: if everyone puts a sell at like .50 I believe the spread will increase. I have mine set at .52 .
Id sure like to see my 10,000,000 shares go for .52 cents each.
Posted by stnkng1 on :
when is this thing gonna pop
Posted by Rasica on :
They're restructuring now. I would say earliest to complete restructuring, would be by mid December through mid February.
Though it only makes sense to start drilling Hines #3, since he already decided to go ahead with that venture. Sooner we see oil, sooner we can take advantage of the higher crude prices presently * $60.07. Since he had $475,000.00 for the drilling operation, I cannot imagine putting that on hold just for restructuring.
Hines #3 is a shallow well to be drilled of about 3,500'. It doesn't take two months to drill to that depth thats for sure.
Sometime this month we should hear some very positive news if all is legit. But I in no way will bail out at these prices with the current spread.
GLTA
Posted by Rasica on :
Crude is at $61.00/barrel and Natural Gas is approaching $16/ft3. Lets roll with the Hines #3 Well!!!!
GLTA
Posted by ChrisLee on :
is this the worst stock in the world?
Posted by Rasica on :
Well see!! They are restructuring now!
GLTA
Posted by Malloy on :
They should come out with a PR with more details and who's taking the lead on this project.
quote:Originally posted by Rasica: They're restructuring now. I would say earliest to complete restructuring, would be by mid December through mid February.
Though it only makes sense to start drilling Hines #3, since he already decided to go ahead with that venture. Sooner we see oil, sooner we can take advantage of the higher crude prices presently * $60.07. Since he had $475,000.00 for the drilling operation, I cannot imagine putting that on hold just for restructuring.
Hines #3 is a shallow well to be drilled of about 3,500'. It doesn't take two months to drill to that depth thats for sure.
Sometime this month we should hear some very positive news if all is legit. But I in no way will bail out at these prices with the current spread.
GLTA
Posted by sharkone on :
What is the O/S on this...anyone? Any insider buying? Any positive news?
Shark
Posted by IWISHIHAD on :
Has anyone ever been able to make a contact with anyone at this company?
Posted by sharkone on :
I was wondering that myself...anyone out there contacted the company?
Posted by ChrisLee on :
Call them yourself and ask why all of a sudden they no longer release pr's. They were releasing pr's once or twice a week.
Posted by ChrisLee on :
I just called. I was told. "Were really really really late im sorry, and we will be releasing one soon maybe even today"
Posted by stockvaper on :
I just sent an email asking Andre if he could release a PR giving us the status of all their projects to date. It doesn't hurt to ask.
Posted by Malloy on :
I was told the same thing. At least they are constant in their answers.
We were supposed to have a $ update on the Oil project awhile ago. We're more than overdue now.
quote:Originally posted by ChrisLee: I just called. I was told. "Were really really really late im sorry, and we will be releasing one soon maybe even today"
Posted by stnkng1 on :
thing is with this stock is if we would get some real good news this has been known to jump %1000 not pumping just the truth
Posted by ChrisLee on :
yeah and i would love ever bit of it.
Posted by iwearpro on :
All I want for xmas is a press release,press release,press release,all I want for xmas is a press release,press release,press release....lol
Posted by IWISHIHAD on :
I actually got thru, they say a press release in a half an hour, see if its any good, first time I every got thru on this company.
Posted by stockvaper on :
Good going IWISHIHAD.... I hope they provide status on their multiple projects.
Posted by stnkng1 on :
think it will bring the pps up a tick or not i forget but does this have alot of o/s shares and a/s share
Posted by stockvaper on :
Outstanding Shares- 3,741,275,064
Posted by stockvaper on :
Volume just shot up to over 20 million and the news isn't even out yet....somethings up.
Posted by Malloy on :
Ya, just noticed MM waking up. Might be smelling something.
Posted by ChrisLee on :
Half hour my ass.
Posted by IWISHIHAD on :
Just got back, I see no PR. I guess I have to give him the benefit of the dought, maybe it got hung up, lets see tomorrow. I guess the upside is that at least they answered the phone this time, the downside is it might take a real good PR. to run this stock. I personally do not have much faith in this CEO. after following CDVJ, I hope he proves me wrong.
Posted by mbmaid on :
I feel strongly about this stock, and will be adding big time tomorrow. Here's the bottom, and it can only go up from here with volume and news. My group will also be adding. We are currently holding RNKE and FCDH in micros, and will now add CSJJ. I believe this will run soon.
GLTA.
Posted by stnkng1 on :
i own 2 million shares and gonna be getting more because when this runs it can reall take off and if you do your dd you will see this company has there hands in alot of good things in my opinion i cant believe it isnt much higher already
Posted by mbmaid on :
Orders being placed now...good luck. Gonna buy this morning. Hoping for .0005 + very soon.
Posted by mbmaid on :
Orders going through at .0002.
Posted by ChrisLee on :
Anyone talk to this idiot today?
Posted by stockvaper on :
mbmaid, thanks for the heads-up on orders going through * .0002. I just accumulated more.
Posted by ChrisLee on :
SHARES CHECK? what u holdin?
Posted by mbmaid on :
I have 2.5 million, from today and prior holdings.
Posted by stockvaper on :
7.5 million
Posted by ChrisLee on :
I got 7.5 myself.. i had 10at 0002 sold 5 at .0009 then bought 2.5 more at 0002
Posted by iwearpro on :
2mill for now
Posted by mbmaid on :
Anyone have L2's? From what I can see, there aren't many left at .0002
Posted by ChrisLee on :
this idiot isnt answering the phone.
Posted by stnkng1 on :
2 million total now will get more for sure if something comes up i kinda like writing on this thread its been awhile since i talked to anyone on here except for iwear.
Posted by iwearpro on :
I think Im going to throw some more at twog today. supposed to be 8.5 cents by feb according to the news..
Posted by ChrisLee on :
0001 what a joke i want to punch this ceo in the face.
Posted by ChrisLee on :
Ok after several dozen calls, he answered, claims a PR will be released with in the hour. Also that they couldnt do it yesterday because the lawyer wasnt finished with it.
Posted by stnkng1 on :
i still dont beleive the guy so lets just say pr around lunch. i have a feeling this pr isnt gonna do much for the pps but it still is nice to see what is going on with the business hopefully the drilling but that pr IMHO wont be here until january
Posted by ChrisLee on :
i just want pr's weekly like they have been doing. keeping us updated.
Posted by stockvaper on :
Thanks ChrisLee for your tireless pursuit of an explanation of what happened to the news.... Posted by ChrisLee on :
My pleasure..
Posted by iwearpro on :
I myself has nothing but faith in this company and have just been sitting and waiting for some time now.I think with all of the irons in the fire they have right now,it wont take much to get this stock rolling.
Posted by stnkng1 on :
im leaving for awhile someone keep an eye on that pr man you got to love the volume it hasnt been like this for i dont no how long
Posted by stnkng1 on :
im with you iwear i kinda thought about getting out months ago but only paying .0001 why would i and like you said with everything they have there hands in if something good comes out of even a few of them this thing will jump and in my opinion could even se a penny someday again. remember this has been over .10 before and my dreams are it does it again LOL GLTA
Posted by mbmaid on :
Nice volume...checked in with some people, there will still be buying going on into the PR. GLTA
Posted by Louie on :
I've been trying to buy at .0002 for almost 30 minutes now - nada....
Posted by stockvaper on :
Original post by ChrisLee: Ok after several dozen calls, he answered, claims a PR will be released with in the hour. Also that they couldnt do it yesterday because the lawyer wasnt finished with it. ------------------------------------------------ Geez, how long does their lawyer need to read a couple of paragraphs and charge them $400? LOL
Posted by ChrisLee on :
Yeah. He is an official liar again today.
Posted by Malloy on :
News out.
Posted by Malloy on :
2005-12-15 12:56:51 Coastal Holdings, Inc. in Negotiations to Acquire Interest in OTC BB-Listed Company
HOUSTON, TX -- (MARKET WIRE) -- 12/15/05 -- Coastal Holdings, Inc. (OTC: CSJJ) is pleased to announce that it has entered negotiations to acquire a 100% equity interest in an OTC BB-listed company. Coastal Holdings anticipates finalizing this acquisition, which includes the signing of the Purchase Agreement, by the end of the calendar year. Further details on this acquisition will be disclosed to shareholders as soon as a draft Purchase Agreement is signed by both parties.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: Coastal Holdings, Inc. CEO Andrea Cortellazzi Ph# (514) 288-9699 E-mail: aandre005*sympatico.ca
Posted by Louie on :
My order STILL HAS NOT FILLED and that is one VAGUE PR - time to cancel my order...
gltya
Posted by stnkng1 on :
man this sounds good to me and now we no there is another pr coming by the end of the calender year come on bring me a penny or more LOL GLTA
Posted by stnkng1 on :
there is nothing wrong with that pr JMHO
Posted by stockvaper on :
Is it just me or has anyone else noticed that the only PRs they release are acquisitions they are 'in the process' of making? Can anyone tell me about any they have already made and how those are doing? Is that too much to ask of a company I own part of? Posted by mbmaid on :
I like it! This bodes well for shareholders.
Posted by ChrisLee on :
wasnt there supposed to be a follow up pr on some of the old stuff? this is new info. wheres our follow ups?
Posted by stnkng1 on :
theyll be out soon dont worry this is looking very good at this point lots of volume at .0002 and there will be alot more coming JMHO
Posted by stockvaper on :
What became of these?
Coastal Holdings, Inc. Announces Completion of Initial Investment in Major Parcel of Land in Paris, France; Company to Initiate Stock Buyback Program HOUSTON, Jun 21, 2005 (BUSINESS WIRE)
Coastal Holdings, Inc. In Joint Venture Negotiations with Vladimir Fuel Company Ltd. HOUSTON, Sept. 14, 2005, Sep 14, 2005 (PRIMEZONE via COMTEX)
Coastal Holdings, Inc. Receives Signed Purchase Agreement From BDT Energy Producers, Inc. to Acquire Interest in Development Oil Well HOUSTON, TX, Oct 21, 2005 (MARKET WIRE via COMTEX)
Coastal Holdings, Inc. Reopens Negotiations to Acquire Interest in India-Based Pharmaceutical Firm HOUSTON, TX, Nov 09, 2005 (MARKET WIRE via COMTEX)
Posted by ChrisLee on :
Stock vaper can u call and ask he release a pr? hes tired of me from these last two days.
Posted by stockvaper on :
I already emailed him and asked him to give us the status of these other projects....I'm getting sick of just hearing 'in the process of'....
Posted by IWISHIHAD on :
Stockvaper,
He also had a "Finalized" purchase agreement Oct 7, for the oil deal, then said differently later. He has a different meaning to the word finalized then I do.
Posted by stockvaper on :
I just think they should tell us what the status is of ANYTHING they have finalized.....All I ever hear is 'in the process of'....
Posted by stnkng1 on :
still a few buys going through every once in awhile i doubt volume will be near as high tomorrow but hopefully it sits where it is at for awhile atleast till the next pr
Posted by Louie on :
Volume would have been a LOT higher if they had let me buy my 10 million shares.
right now it's just under 60 million in volume - that's $12,000.00 - I don't call that High Volume for a stock trading at .0002. Geez, if they don't WANT your Money, something stinks.
Posted by stnkng1 on :
someone just got 1,000,000 for .0003 COOL
Posted by stnkng1 on :
some a------- just sold
Posted by stnkng1 on :
at .0002 how do you keep it at .0003 if you sell at .0002 DUH
Posted by stnkng1 on :
think we will have good volume tomorrow
Posted by mbmaid on :
Oil news coming...get on board...
Posted by hensleyrob on :
Where are you getting this information?
Posted by stnkng1 on :
is this a rumor is do you no the facts about the oil news
Posted by hensleyrob on :
I think he may be referring to national news, not specific to the company.
Posted by BROOKLYN'S FINEST on :
Whatz up with these guyz???
Posted by stnkng1 on :
volume really moving whats up
Posted by mbmaid on :
What's going on is that the company is restructuring. There is a lot going on right now, and it looks to be happening soon. I've added 1 million at .0002.
Posted by stnkng1 on :
Coastal Holdings, Inc. Announces Plan to List Shares on the OTC Bulletin Board by the End of the First Quarter of 2006 12/29/2005 10:47:44 AM
HOUSTON, TX, Dec 29, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (CSJJ) is pleased to announce that it plans to list the Company's common shares on the OTC Bulletin Board by the end of the first quarter of 2006. As part of the OTC Bulletin Board application and approval process, Coastal Holdings is required to meet certain eligibility criteria including the filing of audited financial statements in order to become fully reporting with the Securities and Exchange Commission. The Company's pending acquisition of an OTC BB-listed company will expedite this process and ensure that Coastal Holdings attains OTC Bulletin Board status much quicker than the average six to nine-month duration.
"Listing Coastal Holdings' shares on the OTC Bulletin Board is a major milestone set out for the company," stated CEO Andrea Cortellazzi. "The listing of Coastal Holding's common stock on the OTC Bulletin Board will enhance the Company's liquidity and credibility, and enable the Company to expedite its pending acquisitions and better position it to expand and enhance its business through future mergers and acquisitions."
For more information, please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: Andrea Cortellazzi, CEO Coastal Holdings, Inc. Ph# (514) 288-9699 E-mail: aandre005*sympatico.ca URL: www.coastalholdings.com Posted by stnkng1 on :
this isnt to bad of news
Posted by ChrisLee on :
Another Forward looking statement.
Posted by stnkng1 on :
.0003 for a second LOL maybe this will run back to .16 someday
Posted by stnkng1 on :
this will be awesome someday
jmho
Posted by ChrisLee on :
This stock sucks, and it sucks more because of the idiot holders who are to pussy to hold on to it and keep selling at the bid. ****ing losers
Posted by stnkng1 on :
it doesnt suck just wait and im holding long with millions and millions
Posted by iwearpro on :
Coastal Holdings, Inc. Announces Plan to List Shares on the OTC Bulletin Board by the End of the First Quarter of 2006 12/29/05
HOUSTON, TX, Dec 29, 2005 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (OTC: CSJJ) is pleased to announce that it plans to list the Company's common shares on the OTC Bulletin Board by the end of the first quarter of 2006. As part of the OTC Bulletin Board application and approval process, Coastal Holdings is required to meet certain eligibility criteria including the filing of audited financial statements in order to become fully reporting with the Securities and Exchange Commission. The Company's pending acquisition of an OTC BB-listed company will expedite this process and ensure that Coastal Holdings attains OTC Bulletin Board status much quicker than the average six to nine-month duration.
"Listing Coastal Holdings' shares on the OTC Bulletin Board is a major milestone set out for the company," stated CEO Andrea Cortellazzi. "The listing of Coastal Holding's common stock on the OTC Bulletin Board will enhance the Company's liquidity and credibility, and enable the Company to expedite its pending acquisitions and better position it to expand and enhance its business through future mergers and acquisitions."
For more information, please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com. Posted by iwearpro on :
Boooyaaaa on the audit note,this will pick this stock up a bunch!
Posted by ChrisLee on :
STKING, im holding too.... i just thing thus far it sucks. I didnt say i dont have hope. I already made money of this stock the last time it moved.
Posted by DWE on :
Has the company announced anything about a reverse split these last few months?
Posted by iwearpro on :
nope
Posted by DWE on :
Trying to purchase another million at $0.0002. Not getting executed.
Posted by iwearpro on :
huge blocks going through so it may take some time.. Im trying as well! Posted by DWE on :
I wonder what they're trying to hide when they're not revealing what OTCBB company they're aquiring.
Posted by stnkng1 on :
they say no reverse split
Posted by iwearpro on :
I dont think its a matter of hiding,its a matter of protecting both parties for now I would imagine..politics!lol
Posted by iwearpro on :
hey stnkng1,you see the news today!
Posted by stockvaper on :
Excellent news. I was starting to think this company was just another scam because they kept saying they were "going to acquire" and never reported on what they already had (or didn't have). This makes me a little more comfortable now.
Posted by mbmaid on :
Looks to me like a merger with a shell that will convert CSJJ shares into the new shares, which could be very valuable, considering the minimum price per dhare needed to attain OTCBB.
Could be huge.
Posted by iwearpro on :
76 million shares traded so far..thats the most ive seen in a while from this stock..
Posted by DWE on :
Just picked up another million. It finally went through. Just watch... With not revealing what OTCBB company they're aquiring, they'll probably surprise us shareholders that they just bought Playboy Entertainment or something. Now, not only will we be in the oil business but we'll be in the porn industry as well. Posted by yipching on :
quote:Originally posted by DWE: Trying to purchase another million at $0.0002. Not getting executed.
Took 2 hours, but I went through at .0002
Posted by kilerb on :
just bought a million at .0002. Executed on E*Trade in about 7 seconds.
Posted by DWE on :
Yeah, I just got my extra million just now. It took awhile but I guess that's how it is for some.
Posted by stnkng1 on :
this volume has really changed over the past few day from what it used to be i like it. what are some of you thinking about this stock any comments
Posted by yipching on :
Scottrade must be having a serious malfunction with their ticker... Showing a bid of .0001, an ask of .0002, but it says the last trade was at .001
Anyone else showing .001
??
Posted by sportsguy on :
Yes, I'm getting the same thing. We can always dream though, right!!!
Posted by hamuuta on :
yeah im seeing the same thing with scottrade but ameritrade is correct
Posted by stnkng1 on :
i hope everyone knows when this hits it is gonna fly
JMHO
Posted by hamuuta on :
and when will that be it hasnt done anything in over 6 months
Posted by stnkng1 on :
alls i know is if you can get in right now that it is .0001 i would its a no lost situation JMHO
Posted by matto on :
Two-Year Signal History Date Price Signal $100 Became 09.06.05 0.0006 Sell 200 08.30.05 0.0004 Buy 133 10.11.04 0.0008 Sell 133 10.07.04 0.0006 Buy 100 09.13.04 0.0020 Sell 100
Posted by matto on :
COASTAL HOLDINGS INC Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 09.06.2005 (115) days ago, when the stock price was 0.0006. Since then CSJJ has fallen -66.67% .
Are you still eager to buy? It is O. K., but patience is also a good virtue. The market is thinking to go up but still hesitant. It is better to get the buy permission from the market. Check first what happened at after hours trading and futures. Then, follow the next session very carefully.
Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.
But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.
[MOTTO OF THE DAY] Up or down the decision will come soon Buy when the bulls finally go to the moon
Today a Umbrella was formed. The long lower shadow shows the evidence for buying pressure, but the position of low price indicates that plenty of sellers still are around
Posted by bowlegtroy on :
I dunno about this mystery company purchase that's going to put them in the green all of a sudden.
They've reversed twice before (1 for 125 in 2002 and 1 for 1200 in 2003 - check it out on pinksheets.com), and changed names 4 times in the last few years.
This is just my opinion, but it looks to me like they will reverse into a company with less shares (effectively --> a reverse split). It appears this is inline with other business moves they've made in the past.
Also, none of the following info is available since they are a pink and not voluntarily reporting:
- O/S - A/S - SEC filings - Financial statements
AND they are incorporated in Nevada.
To me, this sounds like a classic: "reverse-into-another company-that-is-listed-on-a-bigger-board-but-reverse-so-heavily-that-your-millions-of-shares-become-thousands-of-shares-and-thus-worth-a-whole-lot-less-after-they-dilute-the-new-sh ares-to-death".
Math: - 10,000,000 shares that you own * .0001 = $1000
- Your shares are now lessened, but worth the same.
- They dilute and force the pps down and you never recover your money.
BTW: So you don't think tis is all just conjecture, take a look at the pattern related to another company - PCCN on pinksheets.com. Yes, I once owned them when their ticker was PCOR. Company was PCOR in January 2005, then reverse 1-1000 and symbol change to PCLL. My 3 mil went to 3 thou instantly. The exchange of PCOR shares for PCLL shares happened Friday morning and the following Tuesday, the pps was down to 0.0036 (where I wised up, and promptly sold!). It was a nice 64% loss (one of my first trades and one heck of a learning experience).
PCOR became PCLL which became PCCN. Since I sold at my 64% loss, it reversed (1-1000) again - 3 MORE TIMES! ALL of them were 1 for 1000 reverse splits!
Here's pinksheets.com's history for them:
Capital Change=shs decreased by 1 for 100 split. Pay date=04/05/2002. Capital Change=shs decreased by 1 for 4 split. Pay date=10/07/1999. Div. 1 sh The Resourcing Solutions Group, Inc. Com for each sh Com held. Rec date=12-10-02. Pay date=3-7-03 Capital Change=shs decreased by 1 for 30 split. Effective date=3-17-03 Capital Change=shs decreased by 1 for 100 split. Effective date=2-25-04 Capital Change=shs decreased by 1 for 100 split. Effective date=9-13-04
I bought in December 2004: Capital Change=shs decreased by 1 for 1000 split. Pay date=2-25-05 Capital Change=shs decreased by 1 for 1000 split. Effective date=6-20-05
Most recent: shs decreased by 1 for 1000 split. Pay Date: 2005-10-25
If I had held, I would now own 0.000003 shares at a value of .0001 per share!!!
CSJJ looks to be following a very classic pattern to me. Be very careful with this one as it may come around and bite you instead of rewarding you.
JMHO
Posted by stnkng1 on :
made it to .0003 again this is a teaser but i love it
Posted by stnkng1 on :
right here
Posted by stockvaper on :
Market Advisors Reaffirms Positive Outlook on Coastal Holdings, Inc. 08:30 a.m. 01/05/2006 Provided By Market Wire HOUSTON, TX, Jan 05, 2006 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (CSJJ) is pleased to announce Market Advisors has reaffirmed a positive outlook on CSJJ based on its analysis of the Company's projected growth and fundamentals. The complete, unedited analyst report appears below. JANUARY 2006 NEWS FLASH: Coastal Holdings, Inc. acquires and operates established technology companies that deliver mission critical technology solutions to a growing customer base and that are currently profitable or can be driven to profitability quickly. Gone are the days where the latest technology garners a billion dollar market-cap on thin sales and non-existent profits. Profits are crucial as without them small to mid-size companies struggle to win new business from clients who they know are in it for the long term. Joint ventures will allow Coastal Holdings to achieve its goals for rapid growth. In addition to reducing the financial requirements of expansion, market risk is significantly lessened by working with partners who already know their territory. COASTAL HOLDINGS, INC. (CSJJ) Investment Highlights
-- Technology and oil and gas stocks tend to be the best performers year after year -- Coastal Holdings could be a very successful company primarily because of an experienced management team, a proven track record and large potential market for their products or services -- Coastal HoldingS is fueling its growth by an aggressive acquisition strategy
Coastal Holdings, Inc. is a diversified holding company that seeks to invest in leading edge and viable emerging technology companies and in high-growth projects in the oil and gas industry. The company is acquiring private technology companies that possess valuable intellectual property and patents/licenses in the fields of nanotechnology and biotechnology. In addition, the company is focused on acquiring working interests in development oil wells that offer high revenue and profit potential. Management has directed the bulk of its efforts enhancing shareholder value and is doing so in our opinion. Evidence of this is supported by recent negotiations to acquire a 100% equity interest in an OTC-BB listed company. Coastal Holdings anticipates finalizing this acquisition and should have the Company's common shares listed on the OTC Bulletin Board by the end of the first quarter 2006. To get a leg up on Wall Street, good advice to follow may be to buy what Wall Street ignores. By moving to the OTC, CSJJ will become a full reporting company as opposed to non-reporting Pink Sheet Company. They will no longer be ignored. The OTC requires companies must file reports to the SEC and that means investors and institutions have access to more information and by doing so creates a great deal of information available to help build investor awareness. This is a needed move by Coastal and this is a major milestone for the company. ACQUISITIONS AND INVESTMENTS The listing of Coastal Holding's common stock on the OTC Bulletin Board will enhance their liquidity and more importantly their credibility, and enable them to expedite their pending acquisitions and mergers and better position them for future mergers and acquisitions. In particular, the Company will focus on expediting the completion of the following two acquisitions: (i) NO.3 HINES development oil well from BDT Energy Producers, Inc. and (ii) at least two Israeli high-growth technology firms that it has selected after performing due diligence on several firms in that market. Due to its location adjacent to BDT-owned and producing wells at NO.1 HINES and NO. 2 HINES, the purchase of the NO.3 HINES oil well is a low risk venture while still offering Coastal Holdings high revenue and profit potential in a well which could last for 30 years or more. Strategic investments and acquisitions like this will allow for dramatic increases in revenues, cost containment and improve overall operations. Coastal Holdings is enjoying financial strength as the company has secured commitments from several major investors who are willing to fund their acquisitions. The management team consists of technology experts and an experienced financial and marketing staff who are all committed to transforming CSJJ into a dominant, leading-edge diversified holding company. Coastal Holdings is well positioned to use its capital and management skills to evaluate new ventures, as well as implement plans for its current ventures. ANALYST -- Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have been frequently quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, The Dick Davis Digest, Moniresearch and many others. We have on staff the former editor of the Marketarian Newsletter; a nationally syndicated stock market newsletter published over twenty years. For more information please contact CEO Andrea Cortellazzi at (514) 288- 9699 or visit the Company website at www.coastalholdings.com .
Posted by dalton05 on :
No trades as of yet.Strange
Posted by iwearpro on :
It will hit this morning after all of the news reports go through to everyone. Ive seen it do this before.
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