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Once again an up day both in vol & pps. Did anyone notice the 5mm shares at the ask(.005)? Now back to 14m-games are being played but I sense there is going to be important news shortly.
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Upside today on breaking news of new CEO & product.
Earth Surfaces of America produces Eco-friendly concrete terrazzo products with unmatched precision in a state of the art pre-cast factory.
The owner of Earth Surfaces of America Tony DiNorcia comes from an Italian family of stone fabricators. Tony's family background is working with natural stone in Italy. Tony has spent his life fabricating stone countertops, floors, and mosaics.
Tony had an idea to create an Eco-friendly product using local materials rather than shipping stone in from around the world. Tony has teamed up with concrete professionals to produce the ultimate in concrete terrazzo surfaces.
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7 million shares traded-up another 26% and the CEO just stated that this merger company is solid and growing with Home Depot as their major product line seller.
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Coastal Capital Acquisition Corp. Acquires 100% of Earth Surfaces of America, Inc. http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=884129&Pro fileId=051205&sourceType=1 NAPLES, FL -- (Marketwire) -- 05/07/12 -- Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced today that it has acquired 100% of Earth Surfaces of America, Inc. of Naples, Florida. The acquisition was a stock for stock exchange. Details of the transaction will be more further described in future financial and corporate filings with the OTC Markets organization.
As part of the acquisition, Mr. Anthony DiNorcia is now Chairman and Chief Executive Officer of CCAJ. "We are excited about the opportunities that are being presented to Earth Surfaces now that we are part of a public company," stated Mr. DiNorcia. "Earth Surfaces' manufactured products are becoming recognized for the quality and attractiveness of the product line with developers, designers and home owners." Mr. DiNorcia further stated, "We have developed an extensive client base both in South Florida and through-out the west coast of Florida, we are now looking to expand our product exposure through-out the Southeast."
Earth Surfaces of America produces Eco-friendly concrete terrazzo products with unmatched precision in a state of the art pre-cast factory. Additionally, the Company manufactures pre-cast pavers in unique styles and sizes at the Naples, Florida facility.
Anthony "Tony" DiNorcia comes from an Italian family of stone fabricators. Tony's family background is working with natural stone in Italy and Tony has spent his life fabricating natural and fabricated stone countertops, floors, and mosaics.
Tony had an idea to create an Eco-friendly product using local materials rather than shipping stone in from around the world. The product line is manufactured from recycled concrete waste and glass.
"I am very excited about the Earth Surfaces opportunity for Coastal shareholders," stated Jeff Berkowitz, former director and President of CCAJ. He went on to further state, "Although I am no longer a significant shareholder, as part of this acquisition, I believe this transaction will give our loyal shareholders, who have waited for an opportunity for a long time, a real investment."
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Right now the company is preparing news that should ignite the pps to new highs and then the SEC filings will only solidify this new merger.
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That 420k block bought at the ask minutes from the closing bell tells me there are a few that have inside information and it is positive!!
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Now that the few d-traders left CCAJ stock pps can get back to moving up and company can report the good news all are waiting for this month.
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The traders run it up then get bored very quickly and start hitting the bid so they can get cheapies for the next run. In my opinion this is a waste of time, money and long term strategy to profits of 10X.
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In case there is some concern about this drop in PPS. Somebody posted on another board that they dumped a million shares yesterday because they needed immediate cash. The person states he still has millions left waiting for the SEC filings etc. Moving back up today on low volume as the longs hold & add.
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Here are the credentials of the new CFO-note he ran a similar business to the merger company. Things are coming together for a reporting company and listing.
Dan Governile's Experience Chief Executive Officer Solar Ventures USA, Inc. June 2011 – Present (1 year) Naples, Florida
Owner The Countertop Shoppe March 2005 – March 2011 (6 years 1 month)
President Governile & Associates 1995 – 2005 (10 years)
Financial consulting and interim financial management, specializing in financial turnarounds.
Kentucky Division CFO Columbia HCA Healthcare Corp. June 1996 – June 1997 (1 year 1 month)
Sr. Vice President & CFO Butterworth Health System 1988 – 1996 (8 years)
CFO Forbes Health System January 1979 – December 1988 (10 years)
Corporate Controller Evangelical Hospital Assoc, January 1977 – December 1979 (3 years)
Senior auditor Arthur Andersen & Co. July 1972 – January 1977 (4 years 7 months)
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Chief Financial Officer Joins Coastal Capital Acquisition Corp Posted in Investor Relations
May 21, 2012, Naples, Florida: Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (OTC: CCAJ) announced that it has appointed Daniel F. Governile as its Chief Financial Officer and as a Director of both Coastal Capital and Earth Surfaces of America.
Governile brings more than 25 years financial management and business strategy experience as a CFO and consultant to diverse companies in the manufacturing, construction, and healthcare industries. Most recently, Governile held the roles of CEO and CFO at Solar Ventures USA, Inc., a privately held company involved in the manufacture and installation of solar racking systems. Governile holds a B.S. in accounting from the University of Illinois and an M.B.A. in finance from the Kellogg School of Management at Northwestern University. He is a Certified Public Accountant.
“It is increasingly important for us to find key individuals to provide the financial leadership necessary to grow and meet the needs of our shareholders and customers” said CCAJ and Earth Surfaces CEO Tony DiNorcia. “I am excited to welcome Dan to our family. He is a seasoned financial professional whose extensive knowledge and experience will be instrumental in achieving Earth Surfaces’ future success.”
Earth Surfaces of America, Inc. produces Eco-friendly concrete terrazzo products with unmatched precision in a state-of-the art pre-cast factory. Additionally, the Company manufactures precast pavers in unique styles and sizes at its Naples, Florida facility. On May 7, 2012, Coastal Capital Acquisition Corp. acquired 100% of the stock of Earth Surfaces of America, Inc.
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Chief Financial Officer Joins Coastal Capital Acquisition Corp. today : Wednesday 23 May 2012
Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced that it has appointed Daniel F. Governile as its Chief Financial Officer and as a Director of both Coastal Capital and Earth Surfaces of America.
Governile brings more than 25 years financial management and business strategy experience as a CFO and consultant to diverse companies in the manufacturing, construction, and healthcare industries. Most recently, Governile held the roles of CEO and CFO at Solar Ventures USA, Inc., a privately held company involved in the manufacture and installation of solar racking systems. Governile holds a B.S. in accounting from the University of Illinois and an M.B.A. in finance from the Kellogg School of Management at Northwestern University. He is a Certified Public Accountant.
"It is increasingly important for us to find key individuals to provide the financial leadership necessary to grow and meet the needs of our shareholders and customers," said CCAJ and Earth Surfaces CEO Tony DiNorcia. "I am excited to welcome Dan to our family. He is a seasoned financial professional whose extensive knowledge and experience will be instrumental in achieving Earth Surfaces' future success."
Earth Surfaces of America, Inc. produces Eco-friendly concrete terrazzo products with unmatched precision in a state-of-the art pre-cast factory. Additionally, the Company manufactures precast pavers in unique styles and sizes at its Naples, Florida facility. On May 7, 2012, Coastal Capital Acquisition Corp. acquired 100% of the stock of Earth Surfaces of America, Inc.
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Coastal Capital Acquisition Corp. Begins Disclosure Process
NAPLES, FL, Jul 11, 2012 (MARKETWIRE via COMTEX) -- Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) (the "Company"), announced today that it has begun the process to implement more transparent business and financial disclosures of the Company through OTC Markets. The Company will apply and pay the appropriate fees to the OTC Markets Disclosure and News Service today to begin the process and ultimately improve the Company's "Tier" position. "The Company has been updating its internal accounting systems through the efforts of our new Chief Financial Officer, Daniel F. Governile," stated Tony DiNorcia, President of the Company. "Due to Dan's efforts we are now in a position to submit our financials and business disclosure documents to OTC Markets through their OTC Markets Disclosure and News Service."
"The documents necessary to bring the Company current with the OTC Markets Tier system are ready for submittal and will be available on the Company web site (www.earthsurfaces.net) under the investor section over the next few days," added Mr. Governile. "Our goal is to be current in our reporting responsibilities with the OTC Markets and therefore provide the information necessary for current and future shareholders to make informed decisions about their investment in CCAJ."
Finally, Mr. Governile added, "We have included in our financials, all activity since December 31, 2004 in an effort to bring all investors up to date with the history of the Company since its last 10K filed in 2005 for the Company's December 31, 2004 year end. That information includes balance sheets, income statements, statements of cash flows and changes in equity positions."
"We have now organized ourselves to respond to investor inquiries and have developed the systems to more effectively disclose the Company's financial and business activities," Mr. DiNorcia concluded, "We encourage all investors to visit our facilities if you are in the beautiful Naples, Florida area, we are quite proud of our to-date accomplishments and look forward to sharing our successes with our shareholders."
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The Stop sign was replaced by a Yield sign on the OTC site. Look for more news as the company starts using the leverage of public trading to infuse the money to expand throughout the US via Lowes & Home Depot.
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The d-traders need volume but CCAJ's team won't promote so these losers can take advantage of the future. They will never learn-85% of the d-traders lose and that will NEVER change. Some are convinced that watching Level II etc is going to make them rich while the REALLY smart person plays like Buffet-hold and take advantage of the CG's tax rules. So be it. Losers are born everyday and quick returns make fools even more foolish.
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SDSS is set up perfectly as a serious long term play that as contracts start rolling in will follow through into HUGE stock valuations. We have seen it before and especially with Fuse Science (DROP) which built towards it’s 83,000% gains over a period of several months – now that’s holding for some serious gains.
About Suspect Detection Systems
Suspect Detection Systems Inc., through its subsidiary Suspect Detection Systems Ltd., is a developer of proprietary counter terrorism and crime prevention technology designed to identify threats in real-time, and prevent incidents before they are carried out. The technology detects the hidden “hostile intent” of assailants – before they commit their intended acts – with a high degree of accuracy. The system can also be used after a crime is committed to quickly identify criminals from among a general population pool, including suspects.
We are also re-alerting CCAJ as today’s spike in price and volume has triggered an interest that something may just be in the works. We continue to hold over 100% gains form our $0.004 alert back in May, and now CCAJ looks prime to break into penny land.
CCAJ last traded at $0.009 up 38.46% on 4.2 Million shares traded – definitely adding here would be a good move as a break over $0.01 will trigger a significant bullish run.
CCAJ recent reverse merger announcement with Earth Surfaces of America gives CCAJ direct access to Home Depot Stores.
Coastal Capital Acquisition Corp. ( CCAJ) announced today that it has acquired 100% of Earth Surfaces of America, Inc. of Naples, Florida. (Already selling products in Home Depot stores today) Read More
Check out their product line in the Home Depot Store Here.
This adds monster revenues and profits to the bottom lime – CCAJ just got themselves a turnkey profitable company and investors will reap the rewards.
ABOUT COASTAL CAPITAL ACQUISITION CORP.
Coastal Capital Acquisition Corp is in the midst of a reverse merger recently announced and updated through otcmarkets.com Identifying and acquisition of 100% of Earth Surfaces of America, Inc. on April 30, 2012. Earth Surfaces is now a wholly owned subsidiary.
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Earth Surfaces of America to Exhibit at HD Boutique 2012 9:40a ET August 30, 2012 (Market Wire) Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ), announced that on September 11 and 12, 2012, it will be an exhibitor at HD Boutique 2012, Hospitality Design's (HD's) chic, boutique styled exposition and conference at the Miami Beach Convention Center. Earth Surfaces will exhibit its full range of products and present its new line of terrazzo vessel sinks at Booth 1511.
HD Boutique reflects the energy and the influences of Miami Beach and South Beach, where Latin American, the Caribbean and North America converge, and acts as a barometer of what's happening in the hospitality industry. It brings together professionals in the hospitality industry through informative conference sessions and unveils the newest products in the marketplace.
"Our vessel sinks are a natural progression of our product mix," says Coastal Capitals and Earth Surfaces CEO Tony DiNorcia. "The vessel sinks complement our countertop product line and offers the hospitality industry a unique high-end look that will stand out from typical granite or other solid surface options. Our sinks, like our countertops, are durable and require little upkeep."
Earth Surfaces of America, Inc. manufactures a full range of high-end eco-friendly terrazzo concrete architectural products for commercial and residential markets throughout the United States and the Caribbean. The Company has a long history of manufacturing and installing its products for such hospitality clients as: the Naples Beach Hotel, the Nassau Bahamas Airport, the SeaGate Hotel, and the Naples Botanical Gardens.
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Coastal Capital Acquisition Corp. Releases Open Letter to Shareholders
NAPLES, FL, Aug 31, 2012 (MARKETWIRE via COMTEX) -- Coastal Capital Acquisition Corp. (pinksheets:CCAJ), through its wholly owned subsidiary, Earth Surfaces of America, Inc. ( www.earthsurfaces.net ) is a leader and innovator in the manufactured terrazzo, concrete and paver industry. The company today released a letter to shareholders from its Chief Executive Officer Anthony "Tony" DiNorcia.
Dear Shareholders:
On April 30, 2012 I became the Chief Executive Officer as well as majority shareholder of Coastal Capital Acquisition Corp. This event marked a significant step in the development of Earth Surfaces of America, Inc. as well as myself personally. Earth Surfaces had developed as far as it could under this difficult economic environment and therefore I have decided to take the extraordinary step of sharing the future fortunes of the company with existing and new shareholders giving the company access to the equity capital markets. By this letter, the company announces that it intends to conduct more frequent communication with our shareholders regarding our strategies, progress and creation of shareholder value on an ongoing basis.
This letter will be the first of at least four planned open letters annually to shareholders to be issued on a quarterly basis. Announcements will address specific results and priorities driving the growth engines for Coastal Capital Acquisition Corp. and its wholly owned subsidiary Earth Surfaces of America.
Today's release is to help educate shareholders in the fundamental strengths of our company and address a few common questions received from shareholders to help reinforce the journey ahead.
EARTH SURFACES OF AMERICA, INC. AS A MULTI-MILLION DOLLAR BASE BUSINESS
First, we must point out that CCAJ's executive team, including its board of directors, have a proven breadth of experience that rivals the best of companies in the manufacturing of terrazzo concrete and paver products. The specific talents relating to the industry are illustrated by the breadth of the customer base of Earth Surfaces which includes; Home Depot, The City of Hollywood, Florida, Tropical Financial Bank, the Naples Beach Hotel and the Sea Gate Hotel of Delray Beach, to name a few.
The stock market may ebb and flow on the news of the day, or lack thereof, but a business with a solid foundation will stand the test of time. We want to take a moment to review for everyone the current foundation that defines Coastal Capital Acquisition Corp., and what it alone means to creating present and future shareholder value.
Product Line:
Earth Surfaces has an extensive and evolving product line. We manufacture made-to-order pre-cast eco-friendly terrazzo - concrete products for exterior and interior use. All of our products are made in Naples, Florida using local recycled material. Our products can be produced with different aggregates, colors, shapes and finishes to meet customer design specifications and to create an appealing and distinctive appearance. Our products include: pavers and tiles and related products such as pool copings, drains, wall caps, curbing, steps and risers; architectural features such as benches, tree grates bollards, planters and fountains; interior and exterior wall claddings; counter and table tops; pebble mosaics; and vessel sinks. Our artisans can make just about anything that a customer may want.
Personnel Capital:
By adding Mr. Dan Governile, CPA as CFO and board member, the company has now rounded out the management team. We recognize that financial reporting to shareholders is crucial to the success of the company. As we explore sources of capital available to the company Mr. Governile will provide the expertise the company has lacked to date. Board member Mr. Wayne Hook is a registered Landscape Architect and is responsible for many site and product design ideas. Finally, I have extensive experience in the "stone" industry. I come from an Italian family of stone fabricators and I have spent my life working with natural stone, terrazzo and mosaics.
Over the last four years, we have recognized the market trends for eco-friendly (green) products and have also recognized that designers, architects and consumers are looking for viable alternatives to natural stone and solid surface products that are so over used today. Earth Surfaces of America's eco-friendly product lines represent our commitment to utilizing materials that offer little or no negative ecological effects to its surroundings and meeting customer demands. Continuing to work with concrete professionals and our customer base, we plan to continue to innovate and expand our product lines and production capabilities ultimately resulting in increased shareholder value.
Growth and Capital Needs:
During the last 90 days the company has experienced strong customer demand. During July, the company experienced a 40% increase in customer orders compared to the same period last year. We expect comparable results for the months ending August and September based on current production.
Of course growth requires capital to clean up legacy costs and debt, to invest in equipment necessary to meet increased demand, to grow our dealer network, and to expand our sales and marketing efforts. As a result we have initiated discussions with accredited investors. Those investors have offered to provide a credit facility of up to $4,000,000, terms and conditions of which have not yet been discussed. While we are still in the early stages of our discussions, we want to inform our shareholders that we will pursue such discussions to obtain capital to satisfy our business goals and the needs of our customers.
Shareholder Communication:
We recognize the need for communication and transparency for our shareholders. We intend to continue our reporting with OTC Markets. Additionally, we intend to hold shareholder conference calls and possibly teleconferences to further enhance our communication efforts. We intend to enhance our web-site specifically addressing shareholder needs. Such efforts should be announced in the near future. Of course any shareholder can arrange a tour of our facilities and are encouraged to do so.
With this said, we take you right back to the basic fundamentals of our business, which today is building shareholder value that is tangible, and growing as per our business plan. The Earth Surfaces product line represents this base, and management anticipates that on its own, Earth Surfaces will deliver significant shareholder value and become a major brand in its industry sector over the next five years. Each action we take as a board of directors and executive team is specific and calculated to achieve a defined and stated strategy that will be followed by an expanding pipeline of Earth Surfaces, eco-friendly products.
Thank you for your continued support.
Sincerely,
Anthony DiNorcia Chief Executive Officer Coastal Capital Acquisition Corp.
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