This is topic CSJJ - NEWS...Short-Term Price Target of $0.06 in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
The OTC Value Watch Initiates Coverage on Coastal Holdings, Inc. Issues Short-Term Price Target of $0.06
HOUSTON, TX -- (MARKET WIRE) -- 05/23/06 -- Coastal Holdings, Inc. (PINKSHEETS: CSJJ), today announced that The OTC Value Watch has initiated coverage of their company. They confirm a positive outlook on CSJJ based on their analysis of the Company's projected growth and fundamentals. Their price target of $0.06 indicates a strong short-term outlook. The complete, unedited analyst report appears below.
MAY 2006
COASTAL HOLDINGS, INC.
(PINKSHEETS: CSJJ)
Investment Highlights
-- CSJJ recently announced a forward split of their stock which will
enable them to raise the required capital to close on an acquisition of an
OTC-BB company. -- This forward split can mark one of the most exciting periods for a
stock and often attracts a new group of followers to the market. Investors
view forward splits as a sign that the long-term business outlook is
favourable. -- The Company has plans in place to invest in new, high-growth projects
and profitable assets that will align with the Company's aggressive growth-
by-acquisition strategy. -- CSJJ has taken steps to fuel rapid expansion by filing for NASDAQ
Bulletin Board status through a forward split.
Company Background
It is not often that investors are able to take advantage of a situation which is relatively new to the public domain, which has a management team with the talent laden in Coastal Holdings, Inc., (PINKSHEETS: CSJJ). This public entity is currently working to attain NASDAQ Bulletin Board status and is doing so through a forward split of 150:1. This forward split enables the company to raise the required capital to close on the acquisition of an OTC Bulletin Board which creates solid opportunities for the company to expedite its pending acquisitions and better position them to expand and enhance its business through upcoming mergers and acquisitions. To further expand their ability to build a solid company, Coastal Holdings is also looking forward to listing its shares on the European Stock Exchanges to get even more exposure. Coastal Holdings, through their business plan, is committed to creating and enhancing shareholder value and has taken important steps we feel in doing just that. This recent news is a significant corporate development that will help them get their story out. Small companies need to create their story, and then get it out. CSJJ's mission is to invest in select industries and technologies that are the wave of the future.
Forward Split
Coastal Holding, Inc's. management strongly believes in the potential in what this announced forward split will do for the company. It will help them expand their investor base, increase the stock's liquidity, and most importantly enable them to close on the acquisition of an OTC-BB company and ultimately attain OTC-BB status. The Company is filing the necessary information with NASDAQ Market Integrity to execute this Forward Split. CSJJ is a diversified holding company with its mission focused on high-growth projects and profitable assets that will compliment its aggressive growth strategy of targeting these developing companies. At present, CSJJ is primarily focused on the real estate, technology and natural resources sector. In these areas, the Company is committed to becoming a dynamic growth company in these exciting market sectors. In our opinion, it adds up to a solid opportunity for investors to purchase a future profitable growth opportunity for their investment portfolio. The company has all the combinations of ingredients now in place with this forward split and planned OTC-BB listing for long-term growth and at this level offers investors an excellent value. Speculative investors really should take a hard look at this company as well as long-term investors.
Investment Conclusions
Due to their business plan and the potential of this industry, Coastal Holdings, Inc. fits the intense criteria for potential growth over the short-to-intermediate term. CSJJ has an aggressive plan in place which is to become a leading growth company in the real estate, technology and natural resources industries. Coastal Holdings, Inc. has very specific goals in their business plan and a talented workforce to accomplish them in a timely manner. Together with its upcoming acquisitions, Coastal Holdings offers a diverse and rapidly expanding holding company, representing substantial sources of growing revenue and potential earnings. If the company remains consistent with its corporate objectives, Coastal Holdings, Inc. will continue to focus on key investments and initiatives that will contribute to long-term success and profitability.
OTC Value Watch prepared the information and opinions in this analyst report. For this analyst report, $2,500 was received from D Wetzel Consulting. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. The OTC Value Watch does not disseminate, nor is it liable for the dissemination of this analyst report by any third party.
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.
Posted by Chris4205 on :
Thanks!
Posted by buckstalker on :
Run Forest...Run!!!!!
Posted by Vagabond on :
What do L2's look like? Thanks!
Vagabond
Posted by Vagabond on :
I would expect to see a lot of news to be put out in the next few days and weeks driving this stock up and up!
Vagabond
Posted by Malloy on :
BID 3X.0001
ASK 9X.0002
Some nice block buys going through now
quote:Originally posted by Vagabond: What do L2's look like? Thanks!
Vagabond
Posted by dalton05 on :
Without sounding like i am Bashing - I would agree Vagabond this will get a lot of attention in the comming weeks but i think for a while if this does rise even a little i think people will be selling and i believe that will keep the price down.Saying that i think this will rise once the sellers are out.I am holding because i only have a small position in this and waiting for a real good PR.
Posted by Malloy on :
L2 changing fast now
5x5
Posted by Malloy on :
7x3 now...all buys
Posted by Peaser01 on :
I'm in. 5 million at .0002
Posted by Chris4205 on :
quote:Originally posted by Malloy: 7x3 now...all buys
Nice. Thanks for the updates.
Posted by Malloy on :
9x3...wow...nice shift
Posted by Vagabond on :
This is a great sign of a run starting!!!
Vagabond
Posted by Tyler_Durden007 on :
This stock is a POS! Its been at .0001-.0002 forever! Huge risk, huge reward! BEWARE!
Posted by bmwboyee on :
i can't buy with scottrade. says that i can't buy it unless i call it in
Posted by Vagabond on :
quote:Originally posted by Malloy: 9x3...wow...nice shift
Yeah, thanks Malloy for the updates!!!
Vagabond
Posted by SuperSniper00 on :
lmao...thats a new one, the stock cant leave the triple zeros as it is and now they are going to increase the shares 150x over to dilute it even more...this thing isnt going anywhere
more supply + same demand = lower price
CSJJ stays at .0003
Posted by Tyler_Durden007 on :
quote:Originally posted by bmwboyee: i can't buy with scottrade. says that i can't buy it unless i call it in
thats always a bad sign!
Posted by Vagabond on :
quote:Originally posted by bmwboyee: i can't buy with scottrade. says that i can't buy it unless i call it in
I believe that's because this stock isn't registered with the SEC. Only Scottrade is like that, at least that I'm aware of.
Vagabond
Posted by Vagabond on :
Hey the price is .0002, what more do you want? This company has been around a while and as we all know when people lose money on a stock they have nothing but negative things to say. If you don't want it, don't buy it. It is a pink sheet company for a reason. Buy it and make some money, but if it is too risky for you, then don't!!!!! Lots of news = increased PPS. GLTA
Vagabond
Posted by Tyler_Durden007 on :
quote:Originally posted by Vagabond: Hey the price is .0002, what more do you want? This company has been around a while and as we all know when people lose money on a stock they have nothing but negative things to say. If you don't want it, don't buy it. It is a pink sheet company for a reason. Buy it and make some money, but if it is too risky for you, then don't!!!!! Lots of news = increased PPS. GLTA
Vagabond
If you make any money on this, I'd be greatly surprised! Good luck with that!
Posted by edgewise on :
I'm in. Could be interesting. I haven't really played a 000x in awhile. Last one I was in was RSHN, I think. If it goes, it goes huge.
Plus, I bought 2mil.. After the split, it'll just be cool to say I have 300 million shares of something.
Posted by Vagabond on :
The shift by the MM's from 9 x 3 to 3 x 9 with only some modest buying pressure is idicative the MM's are more then willing to take this up!!
Vagabond
Posted by Vagabond on :
quote:Originally posted by Tyler_Durden007:
quote:Originally posted by Vagabond: Hey the price is .0002, what more do you want? This company has been around a while and as we all know when people lose money on a stock they have nothing but negative things to say. If you don't want it, don't buy it. It is a pink sheet company for a reason. Buy it and make some money, but if it is too risky for you, then don't!!!!! Lots of news = increased PPS. GLTA
Vagabond
If you make any money on this, I'd be greatly surprised! Good luck with that!
Thanks!! I'll let you know how I do!
Vagabond
Posted by STOCKGANGSTA on :
i dont want .06 as long as this goes to .02 im ok Posted by Tyler_Durden007 on :
quote:Originally posted by STOCKGANGSTA: i dont want .06 as long as this goes to .02 im ok
just hope for .0003
Posted by Vagabond on :
.02 would work for me!
Vagabond
Posted by Tyler_Durden007 on :
You guys are funny! If you want to make real money look at FGFC! This stock is a joke!
Posted by Malloy on :
If you want to talk about FGFC, go to the right thread...
quote:Originally posted by Tyler_Durden007: You guys are funny! If you want to make real money look at FGFC! This stock is a joke!
Posted by Vagabond on :
quote:Originally posted by Tyler_Durden007: You guys are funny! If you want to make real money look at FGFC! This stock is a joke!
That would of been a great buy 2 days ago at .0075 or so. Now it's on its way down. CSJJ is going to go up and for a greater percentage gain!
Vagabond
Posted by STOCKGANGSTA on :
LOL i can tel;l you guys dont know how to play Momentum ( well some of you ) who cares if this stock goes to .02 or .0003 you can flip it from .0002 to .0003
jeeeez
Posted by Vagabond on :
quote:Originally posted by Tyler_Durden007: Hmm, looks like price went down to .0001 again! This isn't going anywhere, sorry! For FGFC, you must not know that much about stocks. This is just the beginning for FGFC, look at the chart, look at the PRs, look at the support. HSM members own over 80% of the float. FGFC isn't going anywhere but up! If you don't want to make money, then thats your fault, just trying to help you out!
It has been on my radar for a while, thank you very much and GL, but this is about CSJJ.
Vagabond
Posted by Vagabond on :
quote:Originally posted by STOCKGANGSTA: LOL i can tel;l you guys dont know how to play Momentum ( well some of you ) who cares if this stock goes to .02 or .0003 you can flip it from .0002 to .0003
jeeeez
It amazes me that people think a 100% or even a 50% gain is sh*t!
Vagabond
Posted by Malloy on :
Exactly :-)
quote:Originally posted by STOCKGANGSTA: LOL i can tel;l you guys dont know how to play Momentum ( well some of you ) who cares if this stock goes to .02 or .0003 you can flip it from .0002 to .0003
jeeeez
Posted by STOCKGANGSTA on :
lol i bet he wouldnt be talking sh!t if he was in
Posted by Tyler_Durden007 on :
quote:Originally posted by Malloy: Exactly :-)
quote:Originally posted by STOCKGANGSTA: LOL i can tel;l you guys dont know how to play Momentum ( well some of you ) who cares if this stock goes to .02 or .0003 you can flip it from .0002 to .0003
jeeeez
That sounds great on paper, but it doesn't mean its going to do happen. If it doesn't move today its never going to move. I'm waiting for the bid to go to .0002 but it's not. I'm not trying to be a basher just trying to help people save some money.
Posted by Bid Whacker on :
i would love csjj to go to .0003
does anybody know when the f/s will happen?
Posted by Vagabond on :
"Hmm, looks like price went down to .0001 again!..." Wow it's back to .0002 a 100% gain just like that!!
Vagabond
Posted by Tyler_Durden007 on :
If only that mattered. Lets see the bid move and then you can talk. Until then, you don't have much to say...
Posted by Vagabond on :
quote:Originally posted by Bid Whacker: i would love csjj to go to .0003
does anybody know when the f/s will happen?
Who could know that?? But I'm sure it will do at least that!
Vagabond
Posted by Billygoat on :
Im in 2mill * .0002
Posted by dalton05 on :
It sounds like the people bashing either sold out for .0001 and are really angry or bought really high and are just bitter because it did not go way up yet to get there money back.I am holding because i still believe this will deliver and will continue to believe until the company says they are done.Why would someone who is not in or didn't lose money Bash this - Good luck to all
Posted by Tyler_Durden007 on :
quote:Originally posted by dalton05: It sounds like the people bashing either sold out for .0001 and are really angry or bought really high and are just bitter because it did not go way up yet to get there money back.I am holding because i still believe this will deliver and will continue to believe until the company says they are done.Why would someone who is not in or didn't lose money Bash this - Good luck to all
Your exactly right, played this a while back and lost money and I'm trying to help others not do the same and learn from my mistake. Some penny stocks look great on paper and have great news and you think that it has to go up but a couple months pass and your waiting and waiting and nothing happens. This is one of those stocks. I've seen this stock for a year now and nothing has happened, I wonder why?
Posted by chevon2020 on :
Hello, I would just like to add that I just flipped this from .0001 to .0002. Made some quick money!
Posted by Tyler_Durden007 on :
quote:Originally posted by chevon2020: Hello, I would just like to add that I just flipped this from .0001 to .0002. Made some quick money!
everybody thats getting in now is getting in at .0002 so it has to at least go to .0003 to make money. Seems highly impossible...
Posted by chevon2020 on :
Well, i did just now. I guess I got lucky Here, I copied and pasted my activity page, It might be a bit difficult to read.
Buy 5/23/06 12:06:19 PM EDT 12:06:42 PM EDT 3,000 PAIV Stock (US) PAIVIS CORP 0.00840 $0.0073 USD $26.90 DAY CT2770-27 Order Executed Buy 5/23/06 9:01:16 AM EDT 11:47:27 AM EDT 2,272 MXAM Stock (US) MAXAM GOLD CORP 0.01100 USD $29.99 DAY CT2770-21 Cancel Confirmed Sell 5/19/06 1:43:58 PM EDT 11:37:19 AM EDT 83,000 DDSI Stock (US) DIGITAL DESCRIPTOR SYS 0.00300 USD $244.00 GTC CT2770-16 Cancel Confirmed Change for order CT2770-13 Buy 5/23/06 8:57:14 AM EDT 11:34:13 AM EDT 3,333 EQBM Stock (US) EQUITABLE MINING CORP 0.01500 USD $55.00 DAY CT2770-20 Cancel Confirmed Buy 5/23/06 11:03:07 AM EDT 11:31:13 AM EDT 15,000 PAIV Stock (US) PAIVIS CORP 0.00310 USD $51.50 DAY CT2770-23 Cancel Confirmed Change for order CT2770-22 Sell 5/23/06 11:19:55 AM EDT 11:27:09 AM EDT 250,000 CSJJ Stock (US) COASTAL HOLDINGS INC 0.00020 $0.0002 USD $45.00 DAY CT2770-24 Order Executed Buy 5/23/06 11:00:42 AM EDT 11:03:09 AM EDT 40,000 PAIV Stock (US) PAIVIS CORP 0.00110 USD $49.00 DAY CT2770-22 Cancel Confirmed Change for order CT2770-18 Buy 5/23/06 8:53:06 AM EDT 11:00:44 AM EDT 45,000 PAIV Stock (US) PAIVIS CORP 0.00110 USD $54.50 DAY CT2770-18 Cancel Confirmed Buy 5/23/06 8:54:46 AM EDT 10:36:33 AM EDT 250,000 CSJJ Stock (US) COASTAL HOLDINGS INC 0.00010 $0.0001 USD $30.00 DAY CT2770-19 Order Executed
Posted by Vagabond on :
I can only understand bashing if someone wanted to bring the PPS down to aquire it, but CSJJ's PPS is already down. We all know what pink sheet companies are. No one is saying get a 3rd mortgage on your house to buy some shares. But what more could one want then to get in at the bottom? If it isn't your type of play, great, then stay away. It isn't for everyone. I say everything looks good for a news blitz, driving up the PPS. That's what these companies do. Go long and prosper! Play the momo!!!!!
vagabond
Posted by Tyler_Durden007 on :
still at .0001....(I'm talking about the bid) Price doesn't matter!
Posted by Vagabond on :
quote:Originally posted by Tyler_Durden007: still at .0001....(I'm talking about the bid) Price doesn't matter!
We can all see the bid and ask. Why do you say that price doesn't matter. One of the greatest tools is to watch the sales history and see what price they are going through at to see if they are buyers or sellers! It matters alot!!!!
Vagabond
Posted by Tyler_Durden007 on :
lol...
Posted by Malloy on :
lol
You're trying to help people save money by telling them to go buy some other stock which you bought probably at bottom (good for you)earlier.
I get really scared of people telling others on BBoard that they want to "help" save money.
LOL
We all know Pinks are POS...great risk for possible great reward...please, don't think we're kids here.
quote:Tyler_Durden007(...) I'm not trying to be a basher just trying to help people save some money.
Posted by edgewise on :
the way i see it..
the minimum price a stock can be is .0001 (the 4 decimal place limit imposed on pinks and grays too, i think)..
so, in my head, i see this..
Step 1: buy a conservative ammount, 2 million shares for $400.
Step 2: they split the stock 150:1
Step 3: you now have 300 million shares of whatever stock it becomes, but it'll probably be restricted.
Step 4: calculate your gain. since the bare minimum price for a stock is .0001 (unless it disappears, which would suck), then you'd have 300 million at .0001, which is $30,000. now, it cost you $400, and after the split and such, you have something worth a minimum of $30,000 (or $0).
i think that's worth the risk. and even if the shares are restricted, they'd become unrestricted at some point, and that's when the real fun could happen if it's for a nice profit.
of course, this is all assuming that they actually go through such a split. and this is assuming i have any clue of what i am doing, which i don't.
please correct my naive view, so i know where my mind went wrong. thanks.
Posted by Chris4205 on :
quote:Originally posted by edgewise: the way i see it..
the minimum price a stock can be is .0001 (the 4 decimal place limit imposed on pinks and grays too, i think)..
so, in my head, i see this..
Step 1: buy a conservative ammount, 2 million shares for $400.
Step 2: they split the stock 150:1
Step 3: you now have 300 million shares of whatever stock it becomes, but it'll probably be restricted.
Step 4: calculate your gain. since the bare minimum price for a stock is .0001 (unless it disappears, which would suck), then you'd have 300 million at .0001, which is $30,000. now, it cost you $400, and after the split and such, you have something worth a minimum of $30,000 (or $0).
i think that's worth the risk. and even if the shares are restricted, they'd become unrestricted at some point, and that's when the real fun could happen if it's for a nice profit.
of course, this is all assuming that they actually go through such a split. and this is assuming i have any clue of what i am doing, which i don't.
please correct my naive view, so i know where my mind went wrong. thanks.
Sounds good to me. Any idea when the forward split might take place?
Posted by tmanfromtexas on :
Malloy, Or anyone, what is the o/s shares of this? Just curious. TMAN...
Posted by edgewise on :
From PR from May 5th:
quote:Further details with respect to the effective date and shareholder date of record of the forward split will be released following the regulatory approval of the application.
Stockholders of record on a specific date, to be determined shortly, will be entitled to one hundred and fifty (150) shares of common stock for each share of common stock held as of the record date.
Umm, and maybe someone can call their #:
quote:For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.
Posted by Vagabond on :
Looks like MM's converting their short positions to long positions. Very high chance of a run within the next several days IMO.
Vagabond
Posted by jellybean on :
Big run will start Wed and continue next week. Might see .01 next week. After the split should see a rise to .05. I am in with 10 million shares.
Posted by Homersbud on :
quote: Big run will start Wed and continue next week. Might see .01 next week. After the split should see a rise to .05. I am in with 10 million shares.
lol
I came across this thread and I gotta ask, what makes you think it's going to run to $.01 then to $.05? I'm not trying to bash as I own roughly 500,000 at $.0001 and I would LOVE for that to happen but there is no way in hell that will happen unless they do a R/S. IMO but I'm curious as to why you think it will??
Posted by Vagabond on :
♪♫♪♫♪ Run...Run...Run...Run...Run.away! ♪♫♪♫♪
Vagabond
Posted by syracuseO on :
Guys......
Think for 1 second.
PR today states a FORWARD 150:1 split.
Shares TRADED ( not outstanding ! ) today was over 900,000,000 shares.....almost 1 Billion .
with a supposed 150:1 split, that would make it about ( with the same trade pattern ) over
150 BILLION shares trading ( again, this is not the TOTAL outstanding shares.....just based on what was traded today ) .
ANYBODY find this incredulous ????
Please find me any stock trading 150 billion shares ......let alone find one that is profitable and will gain in PPS .
What does CSJJ own ? What do they have that is wirth any value so that the PPS will rise.
Someone please let me know. I have been looking at CSJJ for several months now, but, do not see any value yet.
And a potential 150 billion share float scares the crap out of me !!
Please do your own DD. This is solely my opinion, but, would be interested on how some investors are considering CSJJ are finding potential or value in this. Speculation for sure, but if you think $400 investment will turn into $30,000 based on the split.....well, I have some swamp land in Montreal that I could sell you.
I am trying not to dump, please excuse me, but, guys THINK......150 BILLION shares.....
Posted by Vagabond on :
Who would “invest” in any pink, or most OTCBB companies for that matter? It is a momentum play. Momentum play is what it is. I'm not trying to be smart here, but its not rocket science. Don't over analyze it. If you could do DD and find all kinds of great things about CSJJ it wouldn't be trading in the .0001 / .0002 range right now. Most all the "news" from these companies is nothing to sink your teeth into. Take it for what it is. IMO it is ready to run. I have know idea how high, but it should move. Should be a news blitz driving up the PPS. Make your money and get out!!!!!!!!!!!!It is a momo trade! GLTA
Vagabond
Posted by gnulnx on :
well i've been holding 1.5 million shares for awhile now wating for you momo players to come back around.
Lets ride!
Posted by syracuseO on :
Take a look at PAIM.....compare to CSJJ.
This a junior gold mining stock, that actually HAS value....several large mining sites in the Philippines ( regarded as the 8th largest gold country in the world ! ).
PAIM has value and something to sell; and trading 46,000,000 shares ( 1/20th of CSJJ ), and for the last several months PAIM CANNOT move the PPS because it has almost 2 BiLLION shares outstanding.
CSJJ proposes to have at least 150 Billion, most likely a lot more shares.....it is plain way too many.
A PR glitz ? based on what ? they don't even own a toilet for crying out loud !
CSJJ from my research, owns nothing. How can you entice people to invest when you have nothing to offer...even speculation.
Please.....I'll keep ,my hard earned investment $$ in other pink stocks that at least have something of value and are moving up, like FMNJ, PGPM, and EDEX....
Add that several posters already disclosed how they were ripped off by the CEO with his last stock offering.....and they cannot sell the worthless shares now.
"Do your DD and find out all kinds of great things about CSJJ "?? What are you reading ?
All the PR statements show that they have nothing......go to the website and check under products.....they have nothing. The company 2 people in a small office outside of dowtown Montreal. The email address for the CEO is a joke....andree005*sympatico.ca.....in Canada sympatico is like AOL.....so this CEO's company website is based like AOL.com ?? Not even Andrea*coastalholdings.com? But AOL.com??
Doesn't anybody else smell FISH ??
Most investors, speculation or not, MM's or not, would not touch as stock that has a float over 1.5 to 2 Billion shares......and CSJJ is proposing 150 Billion shares MINIMUM.... with nothing of value to offer the shareholder.
Can you spell FISH ?
Posted by Vagabond on :
Here is a quote from what I said and you can look for your self it is a quote. Please reread it!!!!!!!!!!!
"If you could do DD and find all kinds of great things about CSJJ it wouldn't be trading in the .0001 / .0002 range right now."
If you don't even understand what you read then I'm not going to waste any more time with you! You're logic is way off base. They never said they were proposing a 150 billion float! IMO any one is a fool if they do anything with their money based only on something someone else tells them.
Vagabond
Posted by buckstalker on :
Cortellazzi will print-em as fast as you can buy-em...
Posted by edgewise on :
i doubt this'll run. just get up to .0003x.0004 would be nice.. and i'm sure there's a ton of people waiting even more-so for the .0002x.0003 for any spare moment of time.
whatever.. this is a lotto play.. if you wanna make money daily, this isn't the stock to do it in, and i think everyone knows that.. but if you wanna just let some spare change sit somewhere for awhile, ya never know, this could somehow do something.
Posted by syracuseO on :
Good luck boys.....
CSJJ will possibly run from .0001 to .0002 and IF you are lucky to buy at .0001 and then able to sell at .0002, then you will have doubled your investment.
IMO, anything beyond is speculation.....could happen, maybe not...who knows ?
The only logic is see is that there is already over 1 Billion shares of CSJJ and they are proposing a 150:1 forward split.....
To me, this means over 150 Billion shares. NO ?
GLTA.
Posted by Chris4205 on :
bellwetherreport.com: The Bellwether Report notices the exciting actvity surrounding Coastal Holdings, Inc 5/26/2006
May 26, 2006 (M2 PRESSWIRE via COMTEX News Network) -- Coastal Holdings, Inc (OTCBB:CSJJ), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
Coastal Holdings, Inc, committed to creating and enhancing shareholder value by transforming itself into a leading edge technology holding company, last week announced that during a Special Meeting of the Board of Directors the Company approved a 150 for 1 forward split of the Company's common stock.
The Company is filing the necessary information with NASDAQ Market Integrity. Further details with respect to the effective date and shareholder date of record of the forward split will be released following the regulatory approval of the application. Stockholders of record on a specific date, to be determined shortly, will be entitled to one hundred and fifty (150) shares of common stock for each share of common stock held as of the record date.
This forward stock split will enable Coastal Holdings to raise the required capital to close on the acquisition of an OTC-BB listed company. President of the Company's future Audit Committee Jacques Vallee stated: "This acquisition will allow Coastal Holdings to attain OTC Bulletin Board Status immediately, pending legal and regulatory approval of the listing."
Currently Coastal Holdings, Inc is trading trading fairly flat on the market today bouncing ever once in a while between $0.0001 and $0.0002. However it was the volume that caught our eye as the company has already traded over 300 million shares, as investors try to acquire this company focused on growth. With a target of listing on the OTCBB possibly through reverse merger, investors expect some decent share holder growth over the net few months. Although their have been no new corporate developments to justify this market correction, as volume jumps up significantly over the last couple of days making this company look very exciting for potential shareholders. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
To review research on small cap companies like Coastal Holdings, Inc, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!
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Posted by Gama on :
quote:Originally posted by Chris4205: bellwetherreport.com: The Bellwether Report notices the exciting actvity surrounding Coastal Holdings, Inc 5/26/2006
May 26, 2006 (M2 PRESSWIRE via COMTEX News Network) -- Coastal Holdings, Inc (OTCBB:CSJJ), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
Coastal Holdings, Inc, committed to creating and enhancing shareholder value by transforming itself into a leading edge technology holding company, last week announced that during a Special Meeting of the Board of Directors the Company approved a 150 for 1 forward split of the Company's common stock.
The Company is filing the necessary information with NASDAQ Market Integrity. Further details with respect to the effective date and shareholder date of record of the forward split will be released following the regulatory approval of the application. Stockholders of record on a specific date, to be determined shortly, will be entitled to one hundred and fifty (150) shares of common stock for each share of common stock held as of the record date.
This forward stock split will enable Coastal Holdings to raise the required capital to close on the acquisition of an OTC-BB listed company. President of the Company's future Audit Committee Jacques Vallee stated: "This acquisition will allow Coastal Holdings to attain OTC Bulletin Board Status immediately, pending legal and regulatory approval of the listing."
Currently Coastal Holdings, Inc is trading trading fairly flat on the market today bouncing ever once in a while between $0.0001 and $0.0002. However it was the volume that caught our eye as the company has already traded over 300 million shares, as investors try to acquire this company focused on growth. With a target of listing on the OTCBB possibly through reverse merger, investors expect some decent share holder growth over the net few months. Although their have been no new corporate developments to justify this market correction, as volume jumps up significantly over the last couple of days making this company look very exciting for potential shareholders. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
To review research on small cap companies like Coastal Holdings, Inc, as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!
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All material herein was prepared by the Bellwetherreport.com, (Bellwether) based upon information believed to be reliable. The information contained herein is not guaranteed by Bellwether to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Bellwether is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Bellwether may receive compensation in cash or shares from independent third parties or from the companies mentioned.
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M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
What's going on with CSJJ? ..
0.0001 100000 OTO 10:24:31 0.0001 999999 OTO 09:57:11 0.0001 999999 OTO 09:57:11 0.0001 999999 OTO 09:57:10 0.0001 999999 OTO 09:38:36 0.0001 999999 OTO 09:38:36 0.0001 999999 OTO 09:38:36 0.0001 999999 OTO 09:38:35 0.0001 999999 OTO 09:38:35 0.0001 1000000 OTO 09:38:32 0.0001 999999 OTO 09:38:30 0.0001 8000000 OTO 09:38:30 0.0001 500000 OTO 09:38:30 0.0001 2956400 OTO 09:38:30 0.0001 1000000 OTO 09:38:29 0.0001 999999 OTO 09:38:29 0.0001 9000000 OTO 09:31:39 0.0001 100000 OTO 09:31:19 0.0001 800000 OTO 09:31:19 0.0001 500000 OTO 09:30:07 0.0001 300000 OTO 09:30:04 0.0001 3043600 OTO 09:30:04 0.0001 100000 OTO 09:30:04
Do I see dilution?
Posted by Vagabond on :
Looks more like people dumping because they are tired of holding to me today. They need to put out different news, not the same "paid for" news everyday!
Great opportunity to load up at .0001. If you don't want to hold, then flip at .0002 Nice 100% gain!
Vagabond
Posted by gnulnx on :
Hey Vaga. I had a sell order for .0002 for like 2 weeks. They won't let you sell at .0002 until it gets to 3 or 4.
Posted by Vagabond on :
Others have sold at .0002. Someone even said they flipped it the same day .0001 - .0002. That is interesting. You sold it all yesterday at .0001 didn't you?
Vagabond
Posted by gnulnx on :
Yeah..I sold because I couldn't sell at .0002. That blows! I watched orders move around me yesterday while I was selling to. hum...me things tdameritrade might not be so good for pinksheets trading.
Posted by Vagabond on :
quote:Originally posted by gnulnx: Yeah..I sold because I couldn't sell at .0002. That blows! I watched orders move around me yesterday while I was selling to. hum...me things tdameritrade might not be so good for pinksheets trading.
Yeah, I can't figure that one out, your order getting all broken up like that! I'll have to look back and find out who that guy that flipped it in a day uses for a broker. Of course, I'll have to get someone else to PM him!!!!
Vagabond
Posted by Gama on :
quote:Originally posted by gnulnx: Yeah..I sold because I couldn't sell at .0002. That blows! I watched orders move around me yesterday while I was selling to. hum...me things tdameritrade might not be so good for pinksheets trading.
You're right.
I tried to sell some for 3 days but the order just wouldn't go through.
I use Choicetrade
Posted by syracuseO on :
I got news for you guys......
if you are waiting to sell at .0002 for a 100% profit, then you'll have better luck watching it hail in Hawaii.
The .0002 you see ( bouncing from .0001 to .002 occassionaly ) are not actual sales.....they are the fake transactions from the MM's .
Think.....why don't you see any sales from .00012 or .00015, or any other sales ? .....because the MM's are playing cat and mouse with this stock......or possibly someone from CSJJ is, trying to entise more investment .
Until I see otherwise, CSJJ unfortunately holds no value, no products, no other companies......I mean there is NOTHING there !
Added to the incredulous PR of a 150:1 forward split......please ! CSJJ will have 150 BILLION shares oustanding ( based on close to 1 Billion shares traded on May23rd - 900 million + ).
Well, keep the faith, guys.
Posted by Vagabond on :
"Think.....why don't you see any sales from .00012 or .00015, or any other sales ?..."
That statement alone tells me of your knowledge of the OTC pinks my Canadian friend.
Vagabond
Posted by syracuseO on :
My knowledge regarding OTC pinks is fine, my friend.
But since CSJJ, regularly, goes from .0001 to .0002, how come the average Joe Shmoe shareholder can't sell his shares for .0002....
Since I am near Montreal, one day I'll go visit go ole Coastal Holdings, and, see if anyone of the supposed 2 employees are home.
The F100 office labling, means that most likely that it is a basement location. The civic address is located outside of downtown. I'll refrain from saying anything more until I physically go there and visit.
Food for thought ....How many CEO's do you know handle their own press releases ?? Not to mention a bizarre email address that is a personal email, not, a business one ?? "Sympatico.ca" in Canada is like AOL.com in the USA. I don't know of many companies, pink or otherwise, that have their email address listed as AOL.com or perhaps Yahoo.com.
If you feel comfortable placing your money in an "empty" company, with no valid business holdings/products, or links, and knowing that CSJJ will supposedly have OVER 150 BILLION shares outstanding in the near future ( 150:1 split )....then you have a lot more faith in this pinky than I have.
Personally, I am waiting to see more, and am avidly investing in other pinks that actually have some value.
I will honestly report what I find....no pump and no dump. If I happen to meet Andree, then maybe we'll have a nice little chat and I'll report that too.......
GLTA.
Posted by Vagabond on :
I just curious, if you hate this company so much, then why is it getting so much of your attention? There are 1000's of other pinks out there, maybe even one that you like!!!!
Vagabond
Posted by syracuseO on :
Because I believe the value of having these type of boards...... is the SHARING of relevant information & discussions with a variety of opinions; some like my own, some not.
If I were investing in a pink sheet stock, and there was information discussed that I did not consider or address, then I think it has value.
When I see a stock that is soneone expressed to increase in future value from .0001 to .0006 then I am interested, and, I was already interested in CSJJ for over 3 months now, and, have been following it. However, I just saw some "red" flags that nobody else was discussing, and, I thought I would bring them up in case another member was thinking along the same lines.
"If you hate this company so much"......I don't hate CSJJ.....in fact, I sincerely wish that it would move forward and increase PPS.
I think the possiblity of CSJJ with 150 Billion shares is something to discuss....isn't it ?? Nobody has really addressed this, except to count their speculative future investment return of $500 turning into $30,000 .
Yeah....there are lots of pinks that I like, and, I am following between 25-30, with some form of potential for double or triple in PPS. CSJJ is one of them, so I post my thoughts on this board and others.
Maybe CSJJ will get some money injected and start to purchase a few companies.......I hope so.
After all, it is COASTAL HOLDINGS.....but there are no holdings !?
Once again, I'll check into the Coastal Holdings location, and, report back......I think some of the other posters/investors would be interested if CSJJ exists, or is a shell company....a valid concerne IMO for ANY pink OTC listed company, not only CSJJ.
So to recap, Vagabond : I don't hate CSJJ; I would like to se CSJJ offer some investment value in the future; I have been following them for + 3 months; I invest and DD over 25 pink OTC stocks; and I value someone coming forth with some information that could possibly raise a "red" flag on any of my investments.
I don't like to lose on any investments, and I presume other investors don't either.
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Vagabond ![[Big Grin]](biggrin.gif)
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