Coastal Holdings, Inc. Signs Purchase Agreement to Acquire Interest in OTC BB-Listed Company Thursday January 19, 1:21 pm ET
HOUSTON, TX--(MARKET WIRE)--Jan 19, 2006 -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) is pleased to announce that it has signed the Purchase Agreement to acquire a 100% equity interest in an OTC BB-listed company. Coastal Holdings expects to finalize the acquisition by the end of February. This acquisition will expedite the Company's OTC Bulletin Board application and approval process and enable Coastal Holdings to achieve OTC BB status by the end of the first quarter of 2006. CEO Andrea Cortellazzi stated: "Closing this acquisition is a major step forward for Coastal Holdings in our plan to list on the OTC Bulletin Board. This listing will not only enhance the Company's liquidity and credibility but also assist us to successfully execute our business and growth strategies." 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 :
"to acquire " = so what!
Posted by DWE on :
Looks pretty good to me.
Posted by DQ. on :
to acquire = to take possession of which = Now THAT'S GOOD NEWS. sure glad to hear that if they follow thru.
Posted by mbmaid on :
Which means sharholders will be getting something out of this, a divi, or merge.
Posted by dskalka on :
I will believe it when I see it. This is another stock I lost a lot of money on.
Danny
Posted by iwearpro on :
If thats good news go to their site and every press release says "to aquire". Hell you will be all good news out by time you get done reading.Lets actually see "we have completed" or "we have aquired". Now that my friend will be good news. I am still in this and have owned it for some time now and every press release says the same thing "to aquire".
Posted by mbmaid on :
Big buys coming in this afternoon...looking good. I'm in at .0003. GLTA!
Posted by stockvaper on :
Just a repeat of the same news. I'm still holding, but if this company doesn't come out with a 'real' acquisition by the end of February I'm out.
Posted by mbmaid on :
LOTS of buys coming in pre-market. Could see a couple of ticks today. Could be another VWKM deal. Good luck to all.
Posted by JohnnyRotten on :
Signed letter is better than just planning, so the deal will probably be legit.
OTC.BB is better.
Posted by stockvaper on :
The Purchase Agreement is currently under review by Coastal Holdings' legal department and the closing date has been mutually set by both parties as January 27, 2006. __________________________________________________
Looks like yet another date of promises coming to past has came and went. They'll probably put out another PR of intentions to do this or that again... Posted by mbmaid on :
Some big buys coming in...
Posted by mbmaid on :
Interesting post from Yahoo, goes along with a number of large purchases going through the past few days...
CSJJ--purchases oil field in Midwest by: merswim1 02/08/06 12:58 pm Msg: 3344 of 3346
Rumour--they've struck quite a bit more than anticipated.
Coastal Holdings, Inc. Announces Intention to Finalize Acquisition of Development Oil Well by the End of January Thursday January 12, 12:54 pm ET
HOUSTON, TX--(MARKET WIRE)--Jan 12, 2006 -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), is pleased to announce that it intends to finalize the acquisition of a development oil well, designated as Hines #3, from BDT Energy Producers Inc. (BDT) by the end of January. The Purchase Agreement is currently under review by Coastal Holdings' legal department and the closing date has been mutually set by both parties as January 27, 2006. As per the Purchase Agreement, Coastal Holdings will invest $475,000 in cash to fund the developmental drilling of Hines #3 that is wholly owned by BDT. In consideration for its investment, Coastal Holdings will receive a 75% working interest in the oil well. ADVERTISEMENT
Coastal Holdings is also pleased to announce that BDT's engineers have received from the State Of Illinois' Department of Mines and Minerals, the official Permit to commence drilling activities on Hines' #3. Coastal Holdings has been provided with a copy of the official permit, and verified its contents as follows: Permit No.: 057711; Date Issued: 1/4/2006; and Reference #: 210071. This permit and further technical information on Hines #3 will be posted on Coastal Holdings' corporate website following the closure of the acquisition.
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 Thomas Mick on :
That's not huge news... it's old news. Is there anything more current?
Posted by mbmaid on :
Some one in the know added at the beginning that they struck more oil than they anticipated
Posted by DC Trade on :
i don't have news, but does it look like MMs are accumulating here for a run? or is this just a dead ol' stock? any thoughts?
Posted by DWE on :
CSJJ sure likes to be quiet for a long time keeping their secrets from the shareholders. This stock hasn't moved for a century now. At least it feels that way.
Posted by ChrisLee on :
Anyone talk to this **** head lately? wheres our updates on the Oil Well and the India based Pharmaceutical firm?
Posted by ChrisLee on :
I called in today there should be a pr today or tomorrow with some updates. Just dont expect more then another forward looking statement talking about what they intend to do. Probably no news.
Posted by Love the Market on :
Gang - this is one of the BIGGER pinkie penny scams - Go read the old threads of CSJJ, PAVP, CDVJ, and BTXI - ALL owned by Liar and Thief Extrodinaire.........Andrea Cortelazzi - He even stole th school tuition money of Montesouri School kids in Montreal (he took the tuition but never opened the school)! WORSE than Ibiz, Gateway, CMKM and some of the other big scams...
Buyer beware - If you're gonna play this POS Pumpa & Dump - "Ya Gotta be Quick"
Steve
PS - I have like 6000 free "dividend" shares of CSJJ in my account now for 2 years and they're not only worthless - they're not even tradable.....
Posted by BuyTex on :
quote:Originally posted by Love the Market: Gang - this is one of the BIGGER pinkie penny scams - Go read the old threads of CSJJ, PAVP, CDVJ, and BTXI - ALL owned by Liar and Thief Extrodinaire.........Andrea Cortelazzi - He even stole th school tuition money of Montesouri School kids in Montreal (he took the tuition but never opened the school)! WORSE than Ibiz, Gateway, CMKM and some of the other big scams...
Buyer beware - If you're gonna play this POS Pumpa & Dump - "Ya Gotta be Quick"
Steve
PS - I have like 6000 free "dividend" shares of CSJJ in my account now for 2 years and they're not only worthless - they're not even tradable.....
nice post, LTM--good to have those "institutional memories" on board...thanks
Posted by ChrisLee on :
quote:Originally posted by Love the Market: Gang - this is one of the BIGGER pinkie penny scams - Go read the old threads of CSJJ, PAVP, CDVJ, and BTXI - ALL owned by Liar and Thief Extrodinaire.........Andrea Cortelazzi - He even stole th school tuition money of Montesouri School kids in Montreal (he took the tuition but never opened the school)! WORSE than Ibiz, Gateway, CMKM and some of the other big scams...
Buyer beware - If you're gonna play this POS Pumpa & Dump - "Ya Gotta be Quick"
Steve
PS - I have like 6000 free "dividend" shares of CSJJ in my account now for 2 years and they're not only worthless - they're not even tradable.....
I guess u missed out when it jumped up to .0014
Im hoping it does that again.
Posted by mbmaid on :
I've been watching this one...there some major accumulation going on. Look over the past few weeks. Everyday, there have been 20-30 million shares traded, all buys at the ask. Someone knows something.
Posted by rkh2005 on :
B/A went up to .0002/.0003.....looks promising.
Posted by sportsguy on :
I would definitely be careful on this one. Like previously mentioned, if you are going to get in, don't stay long. I got burned a while back.
Posted by ChrisLee on :
Keep an eye on this today. Pick up a couple hundred thousand shares. Todays the day to make some money.
???????????????????????????????????????????????
Posted by ChrisLee on :
Keep this on the radar. Pick up some if u can. Today is the day.
???????????????????????????????????????
Posted by JOELGA on :
Today is the day, but can we count on Cortellazzi coming through?>
Posted by mbmaid on :
More accumulation going on at .0002. Someone in the know has picked up hundreds of millions of shares over the last month. Just look at the buying history...
Posted by mbmaid on :
Someone is accumulating again at .0002. This person has added hundreds of millions of shares. They know something...
Posted by mbmaid on :
Someone is accumulating again at .0002. This person has added hundreds of millions of shares. They know something...
Posted by sportsguy on :
For a stock trading this low, has volume really picked up that much?
Posted by DC Trade on :
i picked up a couple mil a few weeks ago, * .0002.
i trust MMs ability to pump, i think i *trust* cortellazzi's ability to try and steal our $...
IMO i wouldn't buy above .0002, and even at this level your money just may go away... or it may double... we'll see...
just my opinions, i'm usually wrong, i will *likely* be a bagholder because i don't think money likes me Posted by mbmaid on :
Monster buys coming through, up to .0003
Posted by DC Trade on :
hey, only 13 MMs to get thru before .0004! Posted by mbmaid on :
Shakerz board is discussing it. Might be in play.
Posted by DC Trade on :
play away!
Posted by ChrisLee on :
Volume is steady.
Posted by beto on :
How it looking now on level II?
Posted by DC Trade on :
BID .0002 * 1 .0001 * 16
ASK .0003 * 13 .0004 * 5
i don't think L2's will help too much with this one, since at any moment a bunch of MMs can up their bid to 2 and up their ask to 4 and there we go!
Posted by ChrisLee on :
I based on previous events i suspect the news to be no later then an hour from now.
Posted by DC Trade on :
well, that would be very very nice!
Posted by DC Trade on :
2 MMs, UBSS and ETRD, on the bid at 2 now... bid .0002 * ask .0003 = 2 MMs * 13 MMs let's see what happens here...
Posted by beto on :
What news are you looking for?
Posted by dalton05 on :
would like to see more volume - 115 million is not much to really move these stocks,would like to see about 500 million now.
Posted by aj1162 on :
i wouldn't count on any news with this, when this is gonna run it's gonna spike up for maybe a day or two and then just come back to these small levels. it's what it did last august and i expect the same soon. he's said there will be no r/s in a pr a few months back so just sit back and be ready.
Posted by ChrisLee on :
i spoke to the ceo this morning he said news should be out today. BUT this ******* usually says that and it comes out the following day.
Posted by sportsguy on :
I agree with aj, but this did shoot up to .0012 a while back. I wouldn't be surprised to see a 1 or 2 day run to .0006 and then a fall back to reality...
Posted by aj1162 on :
yeah i was in that run to 0012, and i think that might be the 52 week high as well. we need some volume and some news, and were off.
Posted by mbmaid on :
Volume is going to come in soon. I heard from a group member who mentioned that they will be eating up .0003 & .0004 with a sell point at .0009--.0011. Apparently there is GOOD news coming.
Posted by ChrisLee on :
Well someone call the ceo and ask im tired of calling he said today and its getting late.
Posted by aj1162 on :
highest volume in over a month. somethings cooking.
Posted by sportsguy on :
Where is this so-called volume?
117,411,283 doesn't seem like much.
Posted by dalton05 on :
bid is down to 1
Posted by ChrisLee on :
(514) 288-9699 Call this dick
Posted by cabbage22 on :
CSJJ looking good now, lots of volume coming in the past few days, something must be brewing
Posted by ChrisLee on :
OK just spoke to him. Waiting for business wire to put out the PR.. lets hope GREAT NEWS.
Posted by aj1162 on :
if this pr comes out before days out, we could have a nice eod and gapper for tommorow.
Posted by ChrisLee on :
This is ****ing bs how long does it take for business wire to put it out?? ****ING LIAR.
Posted by DC Trade on :
hey ChrisLee, thanks for calling! let's see what happens tonight/tomorrow, i guess... i hope he wasn't lying...
Posted by IWISHIHAD on :
ChrisLee,
The reason he always uses for the delay is that he has to run it by his lawyer.
Posted by ChrisLee on :
right i know iwishihad... But that was 2 days ago. He specifically told me about 230 they sent it in to business wire. So that means it should have been out by now.
Posted by stnkng1 on :
is .0006 to early to get out or could this possibly hit .001
Posted by ChrisLee on :
who knows.. right now what makes u think it will even hit 0006? Wait and see how good the news really is, if its not and the stock seems to be moving then its a pump and dump so watch out. Last time it jumped up i sold half my shares at 0009. This time im hoping for some REAL news to bump this bitch up. But if its a pump and dump ill take it. As long as i make some money. I'll tell u what though when i spoke to andrea this morning. I asked him is this another BS forward looking statement and he said no this is 'real stuff'. So lets hope its real GOOD stuff Posted by AgentGPF on :
quote:Originally posted by stnkng1: is .0006 to early to get out or could this possibly hit .001
A double or tripple is never 'too early' is it?
Posted by ChrisLee on :
Posted by ChrisLee on :
I called this am he said business wire is still holding on to it from yesterday and it should be put out first thing today. Does business wire actually hold on to pr's that long? is that allowed?
Posted by dalton05 on :
I think someone is blowing smoke up your ***.If a pr is out there it would be out.
Posted by ChrisLee on :
Can someone else call him and say that business wire doesnt hold it back like that.
Posted by JHAWK01 on :
TRIED CALLING, THEY SAY HE WILL NOT BE IN FOR ANOTHER HOUR...
Posted by sportsguy on :
Seems like the same old story here!
Posted by ChrisLee on :
**** them. **** them all. They better make my money today or im goin up to canada to kick his ass eh?
Posted by Malloy on :
ANy news?
When .0002 is bought out, usually something coming. Couple prints at .0003 this morning.
Posted by DC Trade on :
wow, they really aren't putting out PR? the guy lied? i guess i shouldn't be surprised...
Posted by ChrisLee on :
Anyone have the balls to call him a liar?
Posted by DC Trade on :
somehow, i don't think that will make us any money... Posted by JHAWK01 on :
gotta keep waiting, lets give it the day before we jump off the ledge...
Posted by ChrisLee on :
if nothing comes out in a half hour im calling up and blasting him. Anyone have anything they want me to say?
Posted by ChrisLee on :
jhawk, ive been talking to him since wednesday he said the pr would be out weds or thurs morning, now this bs. Its always something.
Posted by buckstalker on :
Oh he77 yes...I'll call him a liar...I am not in this but still hold restricted shares of CSJJ that were spun off from another company that this lying POS CEO ran into the ground...Oh yea...I still can't trade the shares that I hold now....
quote:Originally posted by ChrisLee: Anyone have the balls to call him a liar?
Posted by JHAWK01 on :
hey cl, i understand your frustration, this is the pennies and they want ours. maybe this guy will send out a bogus pr just like he's giving us bogus info. then we just might get our pop!
Posted by DC Trade on :
a bogus pr would be fine, IMO
Posted by mbmaid on :
Is news out? Big volume coming in at ask...
Posted by sportsguy on :
I noticed that too. Could it be an error?
I don't see any news.
Posted by cabbage22 on :
L2 anyone?
Posted by ChrisLee on :
quote:Originally posted by JHAWK01: hey cl, i understand your frustration, this is the pennies and they want ours. maybe this guy will send out a bogus pr just like he's giving us bogus info. then we just might get our pop!
well like i said he told me this is "real stuff". Im hoping.
Posted by DC Trade on :
MMs threw out a 100 share trade at .0003. according to MM signals (if you believe them), it is a MM saying "I need shares".
Also, just broke 20-day average volume.
Posted by DC Trade on :
now 3 MMs on the bid at .0002
Posted by cabbage22 on :
so far today its been all buys
Posted by sportsguy on :
Yep, I've been trying to get in at .0002 with no luck.
Posted by ChrisLee on :
buy at 0003 give it momentum.. but watch for news as well. who knows whats going on.
Posted by buckstalker on :
.0002 x 3 .0003 x 13
Posted by Malloy on :
55M buys at .0003 today...very nice.
My guess is the PR will be out monday, not a good timing on a friday afternoon.
Posted by ChrisLee on :
Well according to him they sent it to business wire yesterday
Posted by Malloy on :
I was told monday...I just hope they are finalizing the paper work to move up OTCBB.
The BB subs are just going nuts in the past weeks.
quote:Originally posted by ChrisLee: Well according to him they sent it to business wire yesterday
Posted by ChrisLee on :
Ok i called again. He is getting aggitated with phone calls it seems. LOL. Good cause im aggitated too. He said business wire is behind, he 'screamed' 3 times already today at them? I said so monday? He said well no im hoping today. Soooooooooooo WE WILL SEE. AGAIN! Posted by ChrisLee on :
Malloy u called and he said pr monday?
Posted by JHAWK01 on :
BOY, I FEEL REALLY BAD THAT HE'S GETTING AGGITATED. (NOTE A TON OF SARCASM)
Posted by DC Trade on :
hey CL, i gave u 5 stars for your all-star performance in calling this guy! thanks!
Posted by cabbage22 on :
Hey I can wait
Posted by sportsguy on :
Which Monday, the 6th or 13th Posted by ChrisLee on :
thanks dc... i called business wire too but they couldnt really help me. I was trying to find out if he was lying.
Posted by Malloy on :
Said Monday cause of some technical babble...I don't really care about the reason.
I prefer Mondays anyway for PR.
quote:Originally posted by ChrisLee: Malloy u called and he said pr monday?
Posted by dskalka on :
Any time you are dealing with this guy you should assume you are being lied to. That way you are rarly disappointed!!!
I am currently down a few hundred $ on this one and waiting for my 110k of stock is worth enough to sell without costing me additional funds.
Posted by Malloy on :
dskalka, that applies to all CEO's...remember Enron, Nortel, etc...
Just ride the waves and don't get caught on top.
CSJJ has been a good play from botton in the past...if some hot news comes out, I'll just ride it as high as possible...then wait for the next wave.
Posted by Malloy on :
L2...all .0003 gone, just touched .0004
Posted by Malloy on :
L2...all .0003 gone, just touched .0004
Posted by ChrisLee on :
see u guys back here monday have a good weekend.
Posted by mbmaid on :
OPen at .0003 x .0004 on MOnday
Posted by searchingforpennies on :
Looking for a nice open tomorrow sure hope it can get up and go!!! Have had some divy's in this for over a year now,can't even remember how I got em but I bought some more Friday and I'm Locked and Loaded ready to GO!!
Posted by DC Trade on :
Hope that PR comes out! that would be swwwwweet! GLTA!
Posted by superman7 on :
i thikn today is a god day for this one
this one hasent run up like the other subs yet but the engines have started and i thikn today we go into cruise control goodluck all
Posted by JHAWK01 on :
i'm with ya dc, lets get this thing rockin!
Posted by ChrisLee on :
somebody call him. Ask where the pr is.
Posted by mbmaid on :
.0003 x .0004 on low volume. something's up
Posted by cabbage22 on :
Looking very strong here lots of buyers coming in. That news must be coming soon!
Posted by mbmaid on :
Rumour--shakerzzz buying, also only restricted shares left after accumulation last month. This is gonna explode with volume.
Posted by ChrisLee on :
still no news what a joke.
Posted by DC Trade on :
lame
Posted by IwantMore$ on :
Coastal Holdings Inc. Investor Relations Department 1321 Sherbrooke St. W. Suite F100 Montreal, PQ H3G 1J4 Phone: 514-288-9699 Fax: 514-287-2488 Just got off the phone with the guy at this # and he said that the pr will be out soon.
Posted by DC Trade on :
yeah yeah... but i hope so!
thanks for calling! u da man!
Posted by stockvaper on :
My only hope after waiting for so long for a PR is that they do not release the same old "...purchase agreement with the intention to...".
Posted by ChrisLee on :
this guy is a scumbag liar he said he sent the pr to business wire thurday afternoon and they were backed up and thats why it isnt out yet.
Posted by JHAWK01 on :
I SAY WE JUST KEEP CALLING THE GUY TILL HE LIVES UP TO HIS WORD. WE'LL BUG HIM TILL HE PR'S.
Posted by lilpennypincher on :
good gamble, I've been watching over the past week and I'm gonna' get some. I like the risk-vs-reward.......
Posted by cabbage22 on :
Lil I've been trying to pick some up at .0002 for two days and still nothing Looks like I'll have to go for .0003 -
Posted by ChrisLee on :
yeah dont **** up the momentum i dont want to see 0002 ever again
Wheres the news?!
Posted by cabbage22 on :
wheres the news???
Posted by DC Trade on :
urgh! no news... lies...
Posted by cabbage22 on :
well AC has got to put news out soon, hes done with BTXI, and it would be stupid not to release something with all the volume its been getting, in the middle of penny season. Come on AC wake up!
Posted by aj1162 on :
since we're rushing him so much to put out a pr, i'm just hoping it's not gonna be some fluff, just so he can get us off his back. we need some real news here, and i'd rather wait for something real, if that takes an hour or 2 weeks.
Posted by aj1162 on :
since we're rushing him so much to put out a pr, i'm just hoping it's not gonna be some fluff, just so he can get us off his back. we need some real news here, and i'd rather wait for something real, if that takes an hour or 2 weeks.
Posted by stockvaper on :
This guy has said too many times that a PR was coming out the same day or next day and it never has. I'm beginning to wonder, if you can't trust him on WHEN the PR will come out, how can you trust him on WHAT IS IN the PR?
Posted by dalton05 on :
who said it's him that is saying a pr is comming out.Don't you think these people have more important things to do then tell us if a pr is comming out or not.I would hope his or her focus is on the company and making it go not going on allstocks and listening to us.
Posted by IWISHIHAD on :
dalton05,
He usually tells investors when PR's are coming, this is not new for this CEO to delay the PR. Are you sure he has more important things to do?
Posted by buckstalker on :
LoveTheMarket and I have been trying to warn you all about this lowlife...GLTA
quote:Originally posted by ChrisLee: this guy is a scumbag liar he said he sent the pr to business wire thurday afternoon and they were backed up and thats why it isnt out yet.
Posted by ChrisLee on :
anyone talk to the ******* today?
Posted by searchingforpennies on :
Just gives ya more time to get more shares at this cheap price why complain kick back and wait it'll have it's turn!!
Posted by gatorhistory on :
they won't tell you exactly when a PR is coming out. geezus...that would almost amount to insider trading. get with it folks.
Posted by mbmaid on :
Press Release Source: Coastal Holdings, Inc.
Coastal Holdings, Inc. Hires SEC Finance Expert to Expedite Its Attainment of OTC Bulletin Board Status Wednesday March 8, 8:30 am ET
HOUSTON, TX--(MARKET WIRE)--Mar 8, 2006 -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) is pleased to announce that it has hired Mr. Jacques Vallee, a SEC Finance Expert, as a non-executive director and President of the Company's future Audit Committee. Mr. Vallee's extensive experience and background with respect to SEC law is a valuable asset to Coastal Holdings and ensures a successful and rapid attainment of OTC Bulletin Board status. ADVERTISEMENT
Mr. Vallee is responsible for reviewing and closing the acquisition of an OTC-BB Listed Company in a timely fashion. In addition, Mr. Vallee will assist in the preparation and filing of audited financial statements in order to become fully reporting with the SEC. Furthermore, Mr. Vallee's financial and management expertise will play a vital role in the growth of Coastal Holdings by sharpening the Company's focus on key investments and initiatives that he believes will contribute to improved long-term success and profitability. With the addition of Mr. Vallee to its team, Coastal Holdings expects to complete and file the necessary documents to meet OTC Bulletin Board eligibility criteria in the next 45 days.
About Mr. Jacques Vallee
Mr. Vallee is a non-executive director and President of the future Audit Committee of Coastal Holdings Inc. He possesses over 30 years of financial and management experience with several reputable firms. He was the first Vice-President, Strategic Investments of the Fonds de Solidarité (FTQ), a venture fund with more than $6 billion in assets and investments in over 1,200 firms. He holds a Master of Business Administration degree from the University of Sherbrooke, Canada.
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: Contact: Coastal Holdings, Inc. CEO Andrea Cortellazzi Ph# (514) 288-9699 E-mail: aandre005*sympatico.ca URL: http://www.coastalholdings.com Posted by dalton05 on :
Maybe this is the push we need to make this go.
Posted by stockvaper on :
This is good news to me (as I'm also an accountant). I was very upset that this company keeps stating that they intent to do something and never report on what they've already acquired. Now that they seem to be adopting the concept of becoming a 'reporting company' that will change.
Posted by dalton05 on :
if this is good news why the heck is this down.
Posted by DC Trade on :
There's only 1 MM sitting at .0003 on the Ask... hopefully, he'll finish his selling and we can at least move to 4!
Posted by aj1162 on :
good pr, just hope that he implements what's being said.
Posted by Malloy on :
They are slowly buying out every MM coming down at .0003 but will need a better volume day to take off.
The closer we get to the change to OTCBB, the stronger the pressure will be IMO.
Posted by stockcrazy on :
DC,
Looks like the MM is done selling at .0003. I think we will be seeing 4's and hopefully more!!!
Posted by DC Trade on :
looks like schwab is back on the ask at .0003... will it never end?
Posted by deadmango on :
Any comments/news on this one?
Posted by Malloy on :
Just found that Jacques Vallée is the Audit for HQSM (trading at .30)
This is serious. If they announced him for the auditing of CSJJ to move forward with the OTCBB, it's because we're going there soon.
Probably why we see so many bidders now at .0002 just accumulating before next PR.
Posted by mbmaid on :
CSJJ NEWS - Coastal Holdings, Inc. Releases Statement of President of Future Audit Committee Mr. Jacques Vallee Mar 14, 2006 8:30:00 AM
HOUSTON, TX -- (MARKET WIRE) -- 03/14/06 -- Coastal Holdings, Inc. (OTC: CSJJ) today released the following statement made by Mr. Jacques Vallee, the recently appointed President of the Company's future Audit Committee.
"As a non-executive director and President of the Company's future Audit Committee, I will work with the team of Coastal Holdings to identify and formulate a business strategy focused upon maximizing shareholder value and protecting the shareholders' rights and interests. My primary role in this corporation is to expedite its attainment of OTC Bulletin Board Status in the next 45 days. My first task, in order to achieve this goal, is to review and close the acquisition of an OTC-BB listed company in short order.
"Through my experience as the first Vice-President, Strategic Investments of the Fonds de Solidarite (FTQ), a venture fund with more than $6 billion in assets and investments in over 1,200 firms, I learned that three things matter in running a company successfully -- management, management and management. It has always been true and remains so today.
"I accept this challenge because this team literally has a 'lifetime' of managerial, financial and operational experience. The firm's principals have been Presidents and CEOs of operating companies and I am proud to be a part of this team and look forward to making sure that the future is a bright and promising one for our current and future shareholders.
"They don't waste their time or money. Their pragmatic approach and unique global market perspective focuses their efforts on high margin and productive activities that maximize shareholder value. Together we will formulate and implement the required strategy to ensure Coastal Holdings' continued growth and success.
"In my point of view, Coastal Holding Inc's mission is: Creating Stockholder Value. In fact, our business mission is to create substantial, incremental stockholder value by investing in high growth projects by using our own capital. Furthermore, we selectively invest capital in private transactions as principals and also raise additional capital for our own projects."
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com. Please note that the website is currently under re-development to reflect the new strategy and operations of the Corporation.
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 URL: www.coastalholdings.com Posted by DQ. on :
45 days huh?? This should move today.
Posted by stockvaper on :
This stock will move AFTER they do something they say they are going to do IMO. Action means more than talk.
Posted by Malloy on :
The new audit's President is a serious player. He won't get involved and loose credibility with Coastal if it wasn't true IMO.
I have to verify but I think they need a some kind of license to be official auditer. Another good reason for the guy not to fool around.
Posted by mbmaid on :
Some buying will be coming in soon. This is gonna fly, best get in now.
Posted by rkh2005 on :
.0002/.0003 up to .0003
Posted by Malloy on :
Bidders not moving on some selling...strong support here...MM accumulation is always a good sign.
Posted by rkh2005 on :
was the .0004 ask first displayed after the close?
Posted by sharkone on :
Need some movement soon....have been stuck with this stock for over a year. Hoping for a little redemption.
shark
Posted by Malloy on :
Remember this in December:
Coastal Holdings, Inc. Announces Intention to Finalize Acquisition of Development Oil Well by the End of January
I was told that they will announce $$$ numbers very very soon.
Posted by Malloy on :
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