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Ez2 Companies, Inc. Announces Name Change to Coastal Capital Acquisition Corp. Ez2 Companies (PINKSHEETS: EZTO) (PINKSHEETS: CCAJ)
Coastal Capital Acquisition Corp. President and CEO, Mr. D. Paul Graham, is pleased to announce the following:
1. The State Of Nevada has authorized a name change from Ez2 Companies to Coastal Capital Acquisition Corp. 2. Further approval has been granted from the State of Nevada and the State of Georgia to move the domicile of the Company to the State of Georgia. Our new corporate offices are located at 300 Bull Street, 2nd Floor Suite A, Savannah, Georgia 31401. Telephone 912-944-2640. 3. The Company's new CUSIP number is 190426 106. 4. The Company's new trading symbol is CCAJ. 5. The Company's new web site can be found at www.coastalcapcorp.com.
"Additionally, I am pleased to announce the appointment of Mr. John Boyle as Chief Financial Officer. Mr. Boyle is a CPA with 18 years experience that encompasses CFO roles in a number of midsize transit agencies and manufacturing companies in the Southeastern United States. His accountability in these roles included financial oversight for all accounting, finance, budgeting, and strategic planning for entities with budgets exceeding $50 million annually. His immediate mandate is to commence a forensic audit of the Company.
"These changes, and our new management and board of directors, create a fresh start for the Company. I want to reiterate that our strategy is to acquire quality companies that have long-term growth opportunities. This strategy is not a quick fix for the prior financial performance of the Company, but in my opinion, will create long-term value for our shareholders.
"Coastal Capital Acquisition Corp. maintains a disciplined, long-term focused strategy that creates shareholder value through mergers, acquisitions, and consolidation of small to middle market manufacturing and transportation companies in North America. We originate capital opportunities for growth orientated companies."
Forward-Looking Statements
This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include our ability to continue to lower our costs, our timely development and customers' acceptance of our products, including acceptance by key customers, pricing pressures, rapid technological changes in the industry, increased competition, our ability to attract and retain qualified personnel, our ability to identify and successfully consummate future acquisitions; adverse changes in customer order patterns, adverse changes in general economic conditions in the U.S. and internationally, risks associated with foreign operations and political and economic uncertainties associated with current world events.
CONTACT: Jeff Berkowitz Coastal Capital Acquisition Corp. Investor Relations Telephone: (561) 348-0524 email: jberkowitz*coastalcapcorp.com or visit our website at http://www.coastalcapcorp.com
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SAVANNAH, GA, Apr 24, 2008 (MARKET WIRE via COMTEX) -- To the Shareholders of Coastal Capital Acquisition Corporation: As the Chairman, CEO and President of Coastal Capital Acquisition Corporation (PINKSHEETS: CCAJ) I want to thank each and every one of you for the patience and perseverance you have shown over the last several months while we have been working on our plan to build CCAJ. Your Board of Directors has been busy. The company is now in the initial stages of the acquisition of a privately held medical device company located in Marietta, Georgia. The Board of Directors has approved and we have executed a Letter of Intent with the target. We expect to complete definitive agreements in the coming months and file an 8K based on their execution with the Securities and Exchange Commission according to standard reporting practices. The target acquisition is a state-of-the-art technology-driven company that is profitable and brings with it a seasoned management team. As you may know, I have spent much of the last ten years in the medical device sector having built a company which sold last year to one of the largest medical device companies in the world. I have built many quality relationships in this sector and it is my pleasure to mentor and guide our company in a direction that will foster profitability, growth and value for our shareholders in a very exciting industry that is rife with mergers, acquisitions and buyouts. Your Board of Directors and management team are currently seeking out, identifying and negotiating with merger and acquisition targets. Our focus in the coming months will be directed at the medical sector. In a recent 8k, the company reported that it has retained the firm of Frazier & Deeter (F&D) to assemble our books from prior years through forensic accounting practices. This is an arduous process. The company will need to go back to past auditors, accountants, banks and legal counsel to retrieve documentation for verification by F&D. Our goal is to become fully reporting and move to an exchange that will enhance our value as a public company in the medical sector. In closing, I want to thank you once again for the patience and support you have shown the company. I am very pleased with the changes that have been implemented by your Board of Directors and we are excited about the opportunities ahead. Sincerely, Timothy Taylor Chairman and CEO
Posts: 849 | Registered: Feb 2004
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Coastal Capital Acquisition Corporation Announces Letter of Intent to Acquire NBD, Inc.
Market Wire "US Press Releases "
COLUMBUS, GA -- (MARKET WIRE) -- 04/28/08 -- Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announces that it has executed a Letter of Intent to acquire NBD, Inc., dba Spinal Devices, a privately held medical device company located in Marietta, Georgia.
Chairman, CEO and President of CCAJ, Tim Taylor, comments, "We are pleased as well as excited to announce our first deal with NBD, Inc. and look forward to completing this transaction for several reasons. First, they have a seasoned management team that is competent in the art of medical device design and manufacturing. Second, NBD is a profitable business that has the potential to see explosive growth with the addition of capital, distribution and intellectual property. Thirdly, it allows us to leverage the two companies' current experience and relationships to take advantage of the ten (10) subsidiaries owned by CCAJ. We believe that our shareholders will appreciate this first step more in the months to come as we execute on our business plan."
Tim Lusby, founder, owner, President and CEO of NBD, Inc., stated, "Tim Jenkins, current CFO and partner of NBD, Inc. and I are pleased with what CCAJ offers and the synergies that the board of directors and management team will be able to deliver especially under the guidance and leadership of Tim Taylor. Tim understands the market and the opportunity we have to grow the business with the surgeon contacts and sales pipeline that we have developed over the years. Tim Jenkins, CFO, has been involved with large companies in the past and looks forward to being involved with the growth that is planned for CCAJ and assisting in the daily management of the cash flow and financing of the parent and subsidiaries as the opportunity arises."
Jeff Radcliffe, COO, stated, "This is a great first step with more to be developed in the coming weeks and months ahead. I have known Tim Lusby for a long time since developing his first laparoscopic device over ten years ago and I look forward to working together again in the medical field. The company has a profitable business model with the capability to be a growth story above industry profit margins. Tim Jenkins is a diamond in the rough given his background with a large medical company in the M & A department. These two guys will be welcome additions to CCAJ's management team."
The company has moved its address and phone number to:
Coastal Capital Acquisition Corporation 725 First Avenue Columbus, GA 31901 (706) 987-8100
Posts: 849 | Registered: Feb 2004
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Another super day both in volume & price. Word is huge fund looking to finance the medical deals company has in the works. Posts: 849 | Registered: Feb 2004
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very good action as volume picks up and new investors take a look at the team running the operations. just got word a fund is studying the company and will supply cash for future. this one is now real!!! Posts: 849 | Registered: Feb 2004
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Coastal Capital Acquisition Corporation Update on Accounting Activity Thursday May 8, 10:18 am ET
COLUMBUS, GA--(MARKET WIRE)--May 8, 2008 -- Coastal Capital Acquisition Corp. (Other OTC:CCAJ.PK - News) is providing this brief update on the progress of its accounting activity and that of its acquisition target, NBD, Inc. The company is continuing to monitor and assist the accounting work, tax preparation, and financial compilation with Frazier & Deeter and making steady progress in this area. We have been in many conversations with prior accountants and attorneys and are identifying and gathering the materials that will assist us in becoming a fully reporting company again. The company will be engaging a separate independent accounting firm to audit the work as well as the books assembled by Frazier & Deeter in accordance with SEC rules and regulations.
NBD, Inc. has engaged an independent accounting group to handle its 2007 audit work as the company has already completed years 2005 and 2006. The audit should be completed on or before May 30th, 2008.
All of these efforts move us closer to completing our first transaction with NBD, Inc. Jeff Radcliffe is quoted as saying, "It's a tedious process, but we are going to get this right and push as hard as possible to get it done quickly." As events warrant additional comments, we will follow up on the progress of this accounting activity. Posts: 849 | Registered: Feb 2004
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NBD, Inc. has engaged an independent accounting group to handle its 2007 audit work as the company has already completed years 2005 and 2006. The audit should be completed on or before May 30th, 2008
Like this part of the news
Posts: 25 | Registered: May 2008
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volume creeping higher as pps moves higher. news just around the corner and then the sec filings. Posts: 849 | Registered: Feb 2004
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Hmmmm now creeping UP now 0.012 I like what I see. Do the DD here folks. Just look at the CEO. Nuff said.
Posts: 25 | Registered: May 2008
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volume up-price moving higher but the real sign of this stock moving higher is the increase in the short positions. )
Posts: 849 | Registered: Feb 2004
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the chump change traders continue to sell. they create volume and a chance for the longs to buy more. the longs will be rewarded with huge $$$'s, while the scalpers keep the share price churning.
Posts: 849 | Registered: Feb 2004
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the mm's just gave the signal that this stock is ready to head north in a hurry. take note of the last two buys.
Posts: 849 | Registered: Feb 2004
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quote:Originally posted by ullnvrknw: This use to be CSJJ on the pinks
WHAT you are wrong. This was use to be EZTO. Do your DD. Look at the CEO of CCAJ. A true venture capitalist....NUFF SAID
Posts: 25 | Registered: May 2008
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quote:Originally posted by ullnvrknw: Scam if you ask me...Was back then when it took everyones money. Now they are starting all over again
Your funny. Check out the fillings man. Check out the BOD. ahahahahahah no scam. Now the price is 0.012 big things are coming IMO
Posts: 25 | Registered: May 2008
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