posted
CCAJ | The Path Has Been Paved For CCAJ Stock To Jump
If the housing market was to turn around, Earth Surfaces of America, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (CCAJ), will flourish. The volume surge late Friday to close off the summer is indicative of trading that is expected to be even heavier when the markets on on Tuesday. Available at a Home Depot and other D.I.Y. outlets and already on track to follow last year’s $1 million plus in revenues, the recently acquired producers of Eco-friendly concrete terrazzo products could catapult CCAJ stock well past its YTD high; 0.015.
Our New Alert Is Set For Mid-September! Click HERE To Make Sure You Don’t Miss It!
CCAJ Stock Chart
Close: 0.0093, up 0.0018 (24.00%) Volume: 21,558,787 High: 0.0097 Trades: 337 Average Trade Size: 63,972
20 Day Percent Change: 32.86% 20 Day Moving Average: 0.0071 20 Day Average Volume: 2,124,937
Looking for Hot Penny Stocks? Click here and get Alerts on the Best Penny Stocks FREE
Nearly 4 months ago, Coastal Capital Acquisition Corp. acquired 100% of Earth Surfaces of America, Inc. and subsequently made Anthony “Tony” DiNorcia Chairman and CEO of CCAJ. The guy is an animal considering he was able to keep Earth Surfaces afloat under the difficult economic environment Americans have been suffering under for years now. Without access to the capital markets for financing arrangements, DiNorcia was stuck at a toe-length past $1 million in annual revenues.
When you need a plumber, you call a plumber. When you need a fall guy, you call Harry Lappa. But when you need someone to design, or at the very least provide a product that won’t embarrass you when guest come over, you call Tony.
The offspring of an Italian family of stone fabricators, you would think Tony took paying in the sandbox seriously as his family background is working with natural stone in Italy. While spending his career fabricating natural and fabricated stone countertops, floors, and mosaics, Tony imagined an Eco-friendly product using local materials rather than shipping stone in from around the world. He made it happen creating a product line fabricated from recycled concrete waste and glass.
“Going Green“ could mean portfolio green for traders who spot entry and exit positions correctly on CCAJ stock.
About CCAJ Stock
Coastal Capital Acquisition Corp., a development stage company until April 30, 2012 when Earth Surfaces of America became its wholly owned subsidiary, The Company acquired all of Earth Surfaces’ issued and outstanding stock on April 30, 2012 by issuing 1.35 billion shares for its equity position in Earth Surfaces.
Also, on the acquisition date, a director of Coastal Capital at the date of the acquisition, entered into a Stock Purchase Agreement with the single shareholder of Earth Surfaces for 250 million common shares of Coastal Capital. As a result of these two transactions, the prior owner of Earth Surfaces held approximately 84% of Coastal Capital’s common shares.
Earth Surfaces manufactures Eco-friendly terrazzo and concrete architectural products utilizing sea shells and glass. Among its products are pavers, tiles, counter and table tops, and custom made mosaics.
Bottom Line: Get to know CCAJ and, whether you like sub penny stocks or not, watch it like a hawk on the open Tuesday. If there is no gap up on the open, then forget about watching it, but that’s as likely to happen as Obama single-handedly repairing the damage the housing market has sustained due to the sub-prime mortgage scam.
IP: Logged |
posted
This news came out this morning and is testimony that the company is solid and a winner. The selling comes from the disgruntled few who's suggestive moves by the company were rejected. These jokers and market manipulators were shown the door and now we just wait till they have sold before we retrace the past highs. Management said they want nothing to do with the past manipulators and their self interest greed methods.
++++++++++++++++++++++++++++++++++++++++++++++ Earth Surfaces of America Targets 2013 Growth Through Home Improvement Retailers
NAPLES, FL, Sep 06, 2012 (MARKETWIRE via COMTEX) -- Coastal Capital Acquisition Corp.'s (PINKSHEETS: CCAJ) wholly owned subsidiary, Earth Surfaces of America, Inc. announced the first in a series of shareholder communications regarding its direction for 2013. During the last 90 days the company has experienced a 40% increase in customer orders compared to the same period last year. The Company anticipates that it will continue to see significant revenue growth through the remainder of 2012 and 2013 as it expands its sales and marketing efforts. Among its strategies, the Company intends to significantly increase its exposure to home improvement retailers and make it one of the cornerstones of the Company's plan for 2013.
Currently, Earth Surfaces of America sells its paver system products through Home Depot(R)'s online store establishing a beachhead for the Company with the world's largest home improvement retail chain. Once additional financing is secured, the Company will be approaching Home Depot(R) as well as other national home improvement chains to carry a more extensive number of products in-store with the appropriate inventory and marketing material necessary to promote the Company's product line. The Company intends to also introduce its polished terrazzo countertops and tile line to the retail chains.
Earth Surfaces has already expanded its sales force throughout Florida to build a strong network of licensed contractors, architects, designers, and dealers to market our product lines to their clients and customers. The Company is also upgrading its website to provide more visibility to its superior products.
"Our Terrazzo products provide our customers with both high quality and a distinctive appearance. Expanding our presence in home improvement stores gives us an extraordinary opportunity," stated Tony DiNorcia, Chief Executive Officer of CCAJ and Earth Surfaces of America. "We believe that our direction for 2013 is solid and will attract investors needed to initiate our plans." Previously, the Company had announced that it was approached by an accredited investor to provide the Company with a line of credit up to $4.0 million that would be used to fund expansion plans. The Company has not indicated the status of those discussions.
posted
Tomorrow the Expo happens and there will be news coming from the company. A little nibbling today on cheap shares as traders await the go signal. Investor types should be buying blocks to take advantage of the very bright future.
IP: Logged |
posted
The company says the Expo results were very good and they will report shortly. Production of finished products will be ramped up once the new polishing equipment is installed. The 3Q report will be out and then more news on contracts.
IP: Logged |
posted
Coastal Capital Acquisition Corp. Subsidiary Acquires Additional Equipment to Meet Sales Projections NAPLES, Fla., Sept. 27, 2012 /PRNewswire/ -- Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (OTC Pink: CCAJ) announced that it has acquired a Breton 8-head sanding/polishing machine with 2 calibrating heads. Breton S.p.A., an Italian company is an industry leader in stone and cement manufacturing machinery.
"Based on our sales projections, we find it necessary to purchase an additional sanding/ polishing machine to keep up with a strong demand for our products. The additional machine will allow us to significantly increase our throughput and improve our productivity," said CCAJ and Earth Surfaces CEO Tony DiNorcia. "The very positive acceptance of our products at the recent HD Boutique 2012 trade show at the Miami Beach Convention Center supports our projections for a significant increase in our sales volume during the next 12 to 18 months, assuming we are successful in securing additional capitalization to fund our expansion."
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.
IP: Logged |
posted
NAPLES, Fla., Oct. 3, 2012 /PRNewswire/ -- Earth Surfaces of America, Inc. of Naples Florida, a wholly-owned subsidiary of Coastal Capital Acquisition Corp. (OTC Pink, CCAJ) announced that it has submitted its application to distribute its terrazzo concrete products, including counter tops and pavers through Lowe's Home Improvement stores.
Earth Surfaces currently distributes a number of its terrazzo concrete products through Home Depot Online, establishing a significant brand awareness campaign with one of the USA's largest home improvement chains. It is also pursuing in-store sales with Home Depot.
Tony DiNorcia, the CEO of Coastal Capital and Earth Surfaces stated, "We continue to take the steps that we believe are necessary to grow our business. We have already expanded our sales force throughout Florida to develop a strong network of licensed contractors, architects, designers and dealers to market our products to their clients and customers. Merchandising our products through the major home improvement chains provides us additional product awareness and distribution."
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. All of its products are made in the USA from recycled products.
IP: Logged |
posted
Coastal Capital Acquisition Corp. Subsidiary Completes Streetscape Beautification Project 9:15a ET October 10, 2012 (Market Wire) Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ), announced that it has successfully completed the City of Hollywood Community Redevelopment Agency Beach District Streetscape Beautification Project.
"The products which Earth Surfaces provided were distinctive and the application of these products in decorative benches, pebble mosaics and specially designed shell and pebble pavers have contributed to a characteristic appearance which makes this project unique in its aesthetic," said Susan Goldberg, AIA, LEED GA, NCARB, Coast Project Manager, City of Hollywood Department of Public Works. "Tony DiNorcia and his staff were helpful in assisting with design and product development, meeting the City's specifications and utilizing a high portion of recycled materials, supporting the City's/CRA's green initiatives. The products successfully met our needs and expectations."
Tony DiNorcia, the CEO of CCAJ and Earth Surfaces, stated, "This showcase project, which generated revenue of $ 277,000, reflects the flexibility and distinctiveness of our product lines, as well as, our ability to successfully complete large projects. We appreciate the opportunity to work alongside Susan Goldberg and look forward to any and all future projects on which we can work together."
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. All of Earth Surfaces products are made in the USA from recycled material.
IP: Logged |
posted
NAPLES, FL, Oct 11, 2012 (MARKETWIRE via COMTEX) -- Earth Surfaces of America, Inc. of Naples Florida, a wholly owned subsidiary of Coastal Capital Acquisition Corp. (pinksheets:CCAJ), announced the initial launch of its Dealer Network Program.
"We are seeing great demand for our products and have successfully built relationships with contractors and pool designers throughout Florida, including Broward, Palm Beach and Sarasota counties," said Tony DiNorcia, the CEO of CCAJ and Earth Surfaces. "Our dealer network strategy will have a major impact on our business model as we will manufacture products and distribute them through the dealer network. Our business model is exceeding our expectations and prompted our decision to purchase a Breton 8 head sanding and polishing machine with 2 calibrating heads to improve our efficiency and expand our capacity. Breton is an Italian company and is an industry leader in stone and cement manufacturing."
Tony DiNorcia continued, "As the economy continues to turn around, we are very optimistic that the revenue growth that we have seen during 2012 will continue and that we will see significant project opportunities open up for us in 2013."
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. All of Earth Surfaces products are made in the USA from recycled material.
IP: Logged |
posted
It is going to be very interesting how the company handles the $4mm financing deal. Will we see a flood of new shares hitting the market or a lockup for 2 years. One can't complain about the low entry price.
IP: Logged |
posted
Fantastic news-company retains the CCAJ shell but now the OS goes to 900mm+ shares AND the past criminals who sold & scammed are headed for IRS & SEC litigation.
Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) ("Coastal Capital"), a Florida Corporation and Earth Surfaces of America, Inc. ("Earth Surfaces") announce their entry into a rescission agreement (the "Rescission Agreement') on December 21, 2012, to rescind the reverse merger transaction (the "Reverse Merger") which was completed on April 30, 2012, that resulted in Earth Surfaces becoming the wholly owned subsidiary of Coastal Capital. In accordance with the reverse merger transaction, Anthony DiNorcia received 1,350,000,000 shares of the restricted common stock of Coastal Capital in exchange for 100% of the outstanding shares of Earth Surfaces.
Under the terms of the Rescission Agreement, Anthony DiNorcia cancelled and returned 100% of the 1,350,000,000 restricted shares he received.
The three members of Coastal Capital's board of directors, who will remain directors, approved the Rescission Agreement, including the cancellation of the 1,350,000,000 shares issued to Mr. DiNorcia, on December 21, 2012. The cancellation of the 1,350,000,000 shares reduced Coastal Capital's outstanding common shares from 2,284,739,050 to 934,739,050.
Under the terms of the Rescission Agreement, Mr. DiNorcia was issued 5,000,000 shares of Series B Preferred Stock for his service in connection with Coastal Capital's internal investigation and continued service as an officer and director of Coastal Capital. Each one (1) share of Series B entitles Mr. DiNorcia to 10,000 votes on all matters presented to Coastal Capital's common stockholders. Mr. DiNorcia has waived the conversion feature attached to the Series B shares resulting in the Series B shares being voting but not convertible into Coastal Capital's common stock. The certificate of designation of the Series B Preferred Shares can be found on page 17 of Coastal Capital's articles of amendment filed with the Florida Secretary of State on August 12, 2010.
Mr. DiNorcia stated, "Removing the conversion feature of the Series B Shares will prevent dilution to the holders of our common stock that could result from the conversion of the Series B Shares into common shares."
Information concerning the rescission and a copy of the Rescission Agreement can be found on the OTCMarkets Website.
posted
Very odd trading today. Million sell then a 5k buy-and this repeats till over 9M shares are traded. Year end selling for a loss-but why the 5k buys?
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Wink]](wink.gif)
![[Smile]](smile.gif)
![[Confused]](confused.gif)
![[Were Up]](graemlins/wereup.gif)
![[Good Luck]](graemlins/goodluck.gif)
