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Author Topic: CCAJ-new company with a bright future.
T e x
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quote:
Originally posted by Peaser:
Are you perhaps thinking of Wyoming?

Nope, Florida, unless they've changed the rules in the past two years. Remember the World Golf League, and so many others.

What I remember about Florida, we learned during the GVRP deal...that the BOD can change a/s, par value, etc without shareholder approval.

Wasn't that golf thing an FoT pump?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Peaser
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I'm not sure if that was one of his or not. I made/lost money on that pig. I believe that he started the pump on PLNI and many others.

I forgot about GVRP. I don't believe that I ever played that one. You guys had quite a novel going on that one. lol

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Buy Low. Sell High.

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T e x
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You'd remember if you played GVRP...for one thing, it was in play for only about a week--maybe 10 days if you got in first rattle outta the box. And, ya...it was "novel," in more ways than one, lol.

Anyway, if you have a link showing Florida allows unlimited a/s, I'd appreciate it. As mentioned, I believe Wyoming is the only state to allow that.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Peaser
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Now yer gonna make me work. gee thanks.

Florida doesn't use the concept of par value, so shares authorized can be as many as the incorporator wishes.
http://community.intuit.com/post/detail/b6SadQeBmr3zw9abTJhmjm

Common knowledge doesn't need a reference.

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Peaser
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http://www.offshore-services.biz/united-states-corporate-and-management-services /State_of_Florida/#requirements

Notice that no limit is mentioned to authorized shares for a new company.

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T e x
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Make you work? lol, you're making me work...

OK, here's what I think the difference is: Florida does not require a cap, but you choose *some* limit, any limit. In Wyoming, you can actually choose "unlimited," but still you gotta state "unlimited."

see below... & Merry Christmas, Pease [Good Luck] in 2009!

Wyoming:
http://legisweb.state.wy.us/statutes/statutes.aspx?file=titles/Title17/T17CH16.h tm

17-16-202.1
a-(ii)
The number of shares the corporation is authorized to issue, which may be unlimited if so stated;

Florida:
http://law.onecle.com/florida/business-organizations/607.0601.html

from 607.0601
(1)

All shares of a class must have preferences, limitations, and relative rights identical with those of other shares of the same class except to the extent otherwise permitted by s. 607.0602 or s. 607.0624.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Peaser
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Step 2: What have you found on increasing the A/S of a current company in FL?

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Peaser
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Here, I'll help ya.

(2) Unless the articles of incorporation provide otherwise, a division or combination may be effected solely by the action of the board of directors. In effecting a share combination or division, the board shall have authority to amend the articles to:

(a) Increase or decrease the par value of shares;

(b) Increase or decrease the number of authorized shares



http://law.onecle.com/florida/business-organizations/607.10025.html

So, 1 board member merely needs to combine shares with another board member, or someone else in order to increase the A/S?

Sounds like an unlimited A/S to me, well including the loop hole and all.

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T e x
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quote:
Originally posted by Peaser:
What have you found on increasing the A/S of a current company in FL?

nothing new--as I recall the BOD simply convenes and votes it through...only caveat would be if shareholders could prove to a judge that doing so is "injurious to shareholders." So, in the real world, the scamboyz know very few, if any, ever have enough money involved to make it worthwhile to file a lawsuit...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Peaser
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pretty much, the whale's 'r in da big boards.

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Buy Low. Sell High.

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bullseye104
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This one is going to explode. Bid is building now 10% up bid is 0.005 ask 0.0055...

Let's go CCAJ...

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bullseye104
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CCAJ is breaking out now 0.006. Goods things are coming
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Peaser
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For a "pr consulting firm", this ccaj is doing a great(feel the sarcasm, chuckle) job.

lol

Anyhow, I was going back checking out some old scams, and I stumbled on this old thread.

I checked out leatherrockbands.com - what a hoot. Britney Spears is supposed to be wearing a "leatherrockband", yet some pics belittle her. What great legit pr consulting firm would put down a customers client that wears the product that the customer is selling?

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winner
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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, www.helixdc.com.

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.

[Wink]

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Coastal Capital Acquisition Corp Announces Changes to Management, Name, Domicile,
Business Plan, and New Corporate Website

ATLANTA, GA, Mar 24, 2010 (MARKETWIRE via COMTEX) -- Coastal Capital Acquisition
Corp (PINKSHEETS: CCAJ) announced today that it has made certain changes to
management. The company has begun the process of moving the corporation to
Florida, and has undertaken a strategy that will from day one change the status
of our company from a shell corporation to an operating company. Coastal Capital
CEO Tracy Anderson said, "After many months of looking for a merger candidate we
have come to the conclusion that a merger will not happen unless or until we
reverse split the stock. Our stance through all of these different merger deals
has been and is today that we are not going to reverse split our stock and/or our
shareholders.

"With the above said I have come to the conclusion that the company must grow
organically with a plan executed from within. Given the new direction which we
are undertaking and the time constraints involved, I have resigned as the company
CEO. I will however continue to serve on the board of directors going forward
with Mr. Greg Pasco. The board has appointed Jeff Berkowitz to serve as the
company President and CEO in my place. Mr. Berkowitz also accepted the position
of Chairman. Shareholders should recall that Jeff was instrumental in negotiating
and ridding the company of the likes of Cornell Capital and the death spiral
funding undertaken by prior management at that time."

Jeff Berkowitz the newly appointed President and CEO said, "I'm happy to come
aboard and to be able to work with such talented professionals as Tracy Anderson
and Greg Pasco to re-build shareholder value. We will start with the
implementation of a plan that has been a passion of mine for many years. In short
this plan involves assisting private companies in going public. We will utilize
the registration process for certain deals and with certain other deals we'll
utilize a newly created subsidiary or 'SPAC' (Special Purpose Acquisition Corp).
Through this process our shareholders will be exposed to certain rights offerings
and or dividends of our client's common stock. These rights offerings and or
dividends when offered, will take place prior to the client filing a registration
with the SEC."

As a part of this plan we are moving the corporation from Georgia to Florida and
changing the corporate name to JB Consulting Inc. After the move to Florida is
complete we will apply to FINRA for a new ticker symbol to reflect our corporate
name. We also took the domain JBconsultinginc.com and are in the process of
building our corporate website.

Lastly, given the direction we are taking, we felt it was best to accept Mr.
Barry Baker's resignation as he has taken a position with another public company.

Contact:
Investor Relations
Richard Kravets
(215) 485-8239

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http://www.jbconsultinginc.com/
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Volume and pps starting to show enthusiasm.
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Volume continues to hint of better things to come-shorts start covering and up we go.
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http://investmentnation.com/viewboard.php?board_id=240&view_id=0
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Coastal Capital Acquisition Corporation Subsidiary Closes a Deal With Investmentnation.com

ATLANTA, GA -- (Marketwire)
04/13/10
Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced today that it has finalized and closed a deal between its wholly owned subsidiary Coastal Capital Consulting Inc and Investmentnation, Inc. Through this merger Investmentnation.com became a minority held subsidiary of Coastal Capital Consulting Corp., which is a wholly owned subsidiary of Coastal Capital Acquisition Corp.

Investmentnation.com was founded by Michael and Jeff Montange, both of whom served our country in the Army and were injured in Iraq. Investmentnation.com is a full service virtual conference firm that provides a cost effective visibility strategy to public and private companies alike. The company also owns and operates a state of the art public message board forum that includes an array of due diligence tools.

Coastal Capital's CEO, Jeff Berkowitz, said, "I am proud to announce this deal with Investmentnation.com for many reasons. First and foremost it will add value to and for CCAJ and its shareholders. Let's not forget that Ragingbull was bought by Terra Lycos for an undetermined amount but rumored to be approx $20,000,000. Also the only other viable message board solution that has had any longevity to it is the Yahoo (YHOO) message board forum. Other forums have come and gone with the tide of investors.

"More importantly Investmentnation.com was founded by what I consider 2 American heroes who served our country in Iraq, both of whom were wounded in action. In 2007 while recuperating in the hospital from an IED attack Michael and his brother Jeff Montange began the process of creating Investmentnation.com with the theme of helping investors by shining a light on CEOs for investors and potential investors of public companies. With that said and a big thank you for their service to this country, I encourage all shareholders and potential shareholders alike that are reading this press release to visit Investmentnation.com and to register as well as to tell your friends and fellow posters to register and visit the over 16,000 different stock forums that encompass Investmentnation.com. The website also has certain specific features which in my opinion set it aside from the competition. Such as the ability to see what other message board forums are saying regarding the same company without having to leave Investmentnation.com. A user also has the ability to interact or post to those other message board forums without leaving Investmentnation.com. Investmentnation.com also produces live and pre-recorded interactive CEO interviews. This technology allows shareholders or potential shareholders to interact with the CEO of a particular company through audio, text and visual means. If a shareholder or potential shareholder asks tough questions and the CEO has a tough time answering? The spotlight is on and investors can and should act accordingly. These interviews can and will be archived to the Investmentnation.com website and the related stock message board as well. I look forward to utilizing that spotlight and forum to interact with our shareholders on a regular basis. The principals of Investmentnation and Coastal Capital have agreed to a revenue share agreement. This agreement gives Coastal Capital 50% of any and all CEO interview revenue that is brought into Investmentnation.com by Coastal Capital Acquisition Corp. and its subsidiaries."

Michael Montange, CFO of Investmentnation.com, said, "My brother Jeff and I had a vision which we worked towards that became a reality over the past 3 years. Given this venture and relationship with Coastal Capital Consulting and its associates, together with the strategy of Investmentnation.com becoming a standalone public entity in the future, I am certain that the goals we set 3 years ago for Investmentnation.com will be met."

Jeff Montange, CEO of Investmentnation.com, also commented saying, "This strategy affords Investmentnation.com time to build our brand through a publicly owned company and subsequently into a publicly traded entity when the timing is right. I look forward to working with Jeff Berkowitz and the associates of Coastal Capital to accomplish the mission. Some of the new bells and whistles that we are working on to offer through the site are our 'papertrader beta' and the Investmentnation.com trader pro lvl2 platform! We are also going to sponsor certain contests going forward with prizes such as free lvl2 and certain other prizes of value. I invite all shareholders and investors alike to register and to use Investmentnation.com and it's free to use."

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Volume up as is the price. Things looking good. [Big Grin]
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ATLANTA, GA -- (Marketwire) -- 04/29/10 -- Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced today its wholly owned subsidiary, Coastal Capital Consulting Inc., signed a consulting agreement with South Carolina Trophy White Tails, www.southcarolinatrophywhitetails.com. SCTWT owns and operates a full service hunting lodge situated on 30 acres in Lodge, South Carolina and has over 10,000 acres under management for hunting deer, wild boar and turkey. Hunters are treated to three great southern style home cooked meals per day, excellent sleeping accommodations and some of the friendliest guides whose job it is to bring you to and from your hunting stands. The state of South Carolina has the longest running deer hunting season in the country at five months, as well as the largest bag limit which is as many as two deer per day. Those that enjoy wild boar hunts can take advantage of the huge wild boar population and can hunt year round with no bag limits. There is also a spring turkey season for those so inclined to hunt turkey with a bag limit of 2 per day.

Coastal Capital CEO Jeff Berkowitz said, "I've hunted with Mark his two sons and South Carolina Trophy White Tails for a couple of years and I saw the dedication, experience and results first hand. Needless to say I was impressed by this family run business which exudes southern hospitality along with the ability to manage of up to 15 hunters per day. From a business standpoint the long hunting seasons, large daily bag limits and great weather create a catalyst for growth without the need for incurring huge corporate debt. Thus the reason we feel good about advising SCTWT in its quest to expand and to become a public company.

South Carolina Trophy White Tails CEO Mark Petrantoni Sr. said, "I've known JB for a couple of years now. He and I discussed taking my company public the very first day we met, however the timing was not right back then.The economy has bounced back since and with that bounce comes demand from hunters that now have disposable income to enjoy the sport of hunting. Through this process of taking my company public we are looking to expand our operations by acquiring leases with new landowners as well as the promotion of our hunting lodge through advertising in magazines and televised hunting shows. I think hunters, potential hunters and the investing public alike will enjoy being able to see our operations in action. We expect to announce the dates, venue and channel of our first hunting show next week.

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CCAJ-another merger is being worked on and should read some news this month.
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Something is about to be released. The tiny volume on the upside is giving an early indication.
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invester
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Your first post on this was Jan. 2008. Have you actually been in this for over 2 1/2 years? You were saying the same stuff then Winner. It was at .013 when you first started posting, now .003. How’s the ROI working out for you?
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???
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One can only speculate. I don't care how long it takes for these pinks to pop-eventually the profits far out-way the wait. The investments are not blood money so I care very little about immediacy. [Smile]
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Oh, I see. LOL. The profits far out way the wait in Pinks. Barring no dilution or R/S of course.
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Volume up as we await the news. [Wink]
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ATLANTA, GA -- 08/18/10 -- Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced today that it has acquired 100% of the shares of Planet Impact, Inc. (www.planetimpactinc.com) through a share exchange agreement in which Mr. Michael Lambert (current CEO of Planet Impact Inc.) and Mr. Stephen Remondini, (current President of Planet Impact Inc.) have agreed to join the Board of Directors of the Company.

"We have been in discussions for 5 weeks with Mr. Remondini's team and believe that the 'green business model' will create significant value for the shareholders of CCAJ," stated Jeff Berkowitz, past President and CEO of the Company. As a result of the transaction Mr. Berkowitz has resigned as an officer and director of the Company, effective immediately, and Mr. Tracey Anderson will assist the new Board in the transition and resign effective August 27th. Mr. Berkowitz further added, "We have been through many opportunities and iterations of the Company over the last 4 years and I believe this transaction will bring lasting stability and infinite opportunities for CCAJ and its shareholders."

Planet Impact, Inc. distributes innovative energy-efficient carbon emission and water purification products designed to meet the burgeoning demands of government, industry, agriculture, consumer and recreational needs, humanitarian assistance, and emergency response. Planet Impact's flagship products include; the Vitalizer™ for the reductions of carbon emissions, and the Aqualizer™ and AquaMaster™ for water purification, disinfectants and desalination.

As a result of the transaction, Mr. Remondini will accept the role of Chairman and President of the Company, Mr. Lambert will accept the position of Chief Executive Officer and Director. "We are excited about entering into a transaction of this type because of its potential to provide additional resources by which we can grow the company at a faster pace in this economy and create greater opportunities for the shareholders," stated Mr. Remondini. He added, "We are big on communicating the 'Green Message' to the investing public, and to educating as many people as possible about the Company's mission and our planned approach into multiple green markets. As a result of this desire, we will hold an investor conference call within the next few weeks, and will inform the public in advance of the date and time."

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Greenback city as the volume and price rise. Next PR blows this stock into mid-penny land.
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http://www.youtube.com/watch?v=iIaIffqQATQ&feature=channel
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Continueing the slow move to higher pps. Wait till the next PR & CC, it will then spike over 1¢.
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Stock just hanging around till the next good news hits the wires. Up we go!
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CCAJ progressing as pinksheets.com company info section updated.

http://www.otcmarkets.com/stock/CCAJ/company-info

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