Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
CSJJ Expanding into the Oil Business
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by STAR GAZER: [QB] 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. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2