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[QUOTE]Originally posted by winner: [QB] ATLANTA, GA, Jun 25, 2009 (MARKETWIRE via COMTEX) -- Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced today that the company has signed and executed a merger and consulting agreement with Colorado-based Housing and Security Software Developer, Helix DC, [URL=http://www.helixdc.com.]www.helixdc.com.[/URL] Coastal Capital Acquisition Corp's President and CEO Tracy Anderson said: "This merger marks the beginning of the company's long line of M&A activity going forward. We have been in talks with Helix DC and our board is in high spirits to announce this merger as the first of many mergers to come. Helix DC owns, markets, and sells a much needed group of niche education related software products that are and can be utilized in various industries. With this merger our corporate agenda should be clear to shareholders and potential shareholders. Coastal Capital Acquisition Corporation will expose our shareholder base to value created by mergers and acquisitions with private companies looking to, at some point in the near term become fully reporting stand alone publicly traded co mpanies." Jason Wilcox, President and CEO of Helix DC, stated: "We are looking forward to growing our company and business in the public arena. It has been a goal of Helix to gain access to the public market, further develop our core demographic and have our software unlock potential savings and security for our customer base while establishing a continuously growing environment for our shareholders." Coastal Capital Acquisition Corp's President and CEO Tracy Anderson also said: "As part of this merger I have instructed our Corporate Attorney to create a Georgia Corporation as a wholly owned subsidiary of Coastal Capital Acquisition Corporation, the name being Helix Acquisition Inc. The terms of the merger call for Helix DC to merge with our newly formed subsidiary Helix Acquisition Inc. Helix DC then becomes the surviving wholly owned entity as a Colorado Corporation." Coastal Capital Acquisition Corp. is a development s tage company, which operates as a consulting company. We acquire controlling and or minimal interests in development and startup stage businesses. We then assist those businesses and or target companies in the development and implementation of their specific business models. We also provide solutions to operating companies looking to build corporate infrastructure, such as management teams, qualified sales and marketing departments, information technology, and or finance business development. Our goal is to build long-lasting strategic relationships with our target businesses and companies to assist them in evaluating, structuring, and negotiating joint ventures, strategic alliances, joint marketing agreements and other corporate transactions, by providing advice relating to corporate finance, financial reporting, and accounting operations. ;) [/QB][/QUOTE]
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