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Coastal Holdings, Inc. Signs $2M Investment Contract with Vetdermal Systems Limited at Investment Conference in Israel
HOUSTON, May 10, 2004 (PRIMEZONE via COMTEX) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), is pleased to announce that the investment conference, at which the Company was a presenter, hosted by the Jerusalem Investment Forum (JIF) at the Tel Aviv Hilton on May 5th was a tremendous success. A highlight of the invitation-only luncheon was the signing of a $2M investment contract between CSJJ and Vetdermal Systems Limited, an England-based company that is developing an innovative drug delivery system for animals. Vetdermal's novel drug dosage system is based on a unique technology platform originally developed in Israel. The company is planning drug trials in the coming months with strategic partners in the industry. This acquisition of a major stake in Vetdermal, a company with great potential involved in the multi-billion dollar global pharmaceutical industry, is a significant step forward in CSJJ's goal to become a dominant, leading-edge biotechnology holding company. At the conference, Coastal Holdings initiated discussions with other biotechnology companies that exhibited an interest in the Company. Some of the firms are still in the design stage for their product(s) while others already have their product(s) on the market. CSJJ signed a draft proposal for a $2M investment in one of these companies. Further details will be provided once a binding letter of intent is signed with this company. These investments, with more to follow, will generate significant revenue and profits for Coastal Holdings. Due to the positive response to the Company, CSJJ has been invited to attend the next conference which will be announced shortly.
Coastal Holdings has two main resources to fulfill its vision. The first resource is financial strength as the Company has secured commitments from several major investors who are willing to fund the acquisitions. They are comprised of private investors and public, financial institutions. The current stage of funding is approximately $5M. The second resource is sound leadership. The management team is composed of biotechnology experts and an experienced financial and marketing staff who are all committed to transforming Coastal Holdings into a dominant, leading-edge biotechnology holding company.
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Frankly... I don't think PRs ever get better than this. It's major news.... with positive bits for the future. Glad we're getting free shares in this co. Strange that it hasn't moved though. CSJJ is just not on anyone's radar. I think I'll open a thread here on Allstocks and post this PR. salemm.
[This message has been edited by salemm (edited May 10, 2004).]
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Are any of you averaging down? I did last week. Bought 225,000 more at .0021 to avg. down to .006, and of course it dropped to .0019 the next day. What a sorry stock. I was even thinking of avging down further tomorrow when more funds become available in my account, but I'm starting to think it would be throwing MORE good money after bad. Looks like Nobody want this stock. Only 9 million traded today and 0 for over 2 hours at one point.......
That CSJJ PR, which was nothing more than what was released LAST week, did nothing to help things either........
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Their is a share buy back going on right now after it is compleated this stock should soar with the details of the o/s and maybe some news of another aquasition and some news about the quarter would boost this stock over the 1 cent level again.
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Well, there WAS a little more than what came out last week. For one, they have a letter of intent for 2mil towards another biotechnology. They have also been invited to another JIF meeting later this year. (if this one was fruitfull... then so can the next). And most importantly, the deal with VetDermal Systems is finalized. I say 'most importantly' because many people still believe this to be a scam... or somehow believe the CEO is taking their money to lead a lavish life and doing NOTHING but lounging on an inflatable in his pool. Well, this is 'some' proof that our CEO is doing SOMETHING. He WAS in Israel, he DID sign and finalize a 2 mil investment in a biotech. Now he's back... there'll be a lull... people will again say that the CEO is stealing their money... until the St-Hubert Airport deal is finalized... or the next biotech is finalized... or until we list on the OTCBB... or until the details of the buyback are released... etc...etc... And people wonder WHY this stock is so low and keeps going lower. Duh...maybe it's because no matter what is released... people belly-ache and whine that it's not enough. They want more... and they want it yesterday. I could be wayyyyy off... or I could be bang on... anyway, it's my opinion, and I'm giving it out for freeeeeeeeeeeeee! salemm.
quote:Originally posted by Love the Market: Are any of you averaging down? I did last week. Bought 225,000 more at .0021 to avg. down to .006, and of course it dropped to .0019 the next day. What a sorry stock. I was even thinking of avging down further tomorrow when more funds become available in my account, but I'm starting to think it would be throwing MORE good money after bad. Looks like Nobody want this stock. Only 9 million traded today and 0 for over 2 hours at one point.......
That CSJJ PR, which was nothing more than what was released LAST week, did nothing to help things either........
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Yeah... Love the Market... I thought about averaging down again... but a while back I bought some more at .0030 thinking THAT was rock-bottom. Well... you know the story. We saw .0019 today.... and like you said, throwing more money on this is getting harder and harder. Somebody's gotta break this weird-a$$ voodoo spell on CDVJ and show us some green... significant green! salemm.
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Salemm - Green now at .0018 - up from .0017
Makes people in at a penny or more feel good huh.......
What a joke of a stock........I will NEVER forget this lesson whether I end up in a winning OR losing position...... I've learned why you stay the hell away from unregulated Pinks..... QBID was a LUCKY score for people. I like what LBTT and HTDS represent - but doubt I'll ever buy them as long as they're on the pinks.
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Expect news on the St-Hubert redevelopment project this week??? That's the rumour. Don't slam me if it doesn't happen though. salemm.
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quote:Originally posted by Love the Market: Salemm - Green now at .0018 - up from .0017
Makes people in at a penny or more feel good huh.......
What a joke of a stock........I will NEVER forget this lesson whether I end up in a winning OR losing position...... I've learned why you stay the hell away from unregulated Pinks..... QBID was a LUCKY score for people. I like what LBTT and HTDS represent - but doubt I'll ever buy them as long as they're on the pinks.
Your getting stressed again Love. LOL I know what you mean about lesson's I did everything wrong on this one, bought without DD averaged down to try to save losses. On the up side it was up 10% today one of the few that were green on my screen including my large caps. If we ever get shares of CSJJ ( and they don't dilute it also) we would have our money back and then some, all we can do is hope, as we get closer to the exdivedend date it may go up enough to sell with a smaller loss, again we can only hope, hell I'm lossing more on IBZT right now than CDVJ. Rick
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Anybody have any thoughts on this stock as of late? Is at least one more decent run too much to ask so that some of us can perhaps break even or near even? I'm putting so much of my pampering into my other stocks, FRCP, GZFX and WNMI that I often neglect to even check the charts and boards for this one. Would anyone with a positive view on things here mind spreading some sunshine, it is much needed. GLTA...
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Poorman - I had a great day today! Was out most of the day. HAd a buy order in for more Ibiz at .02 and it FILLED and went UP 20% ! I would have DIED if I had been home and had seen it hit .018
And I'm UP .0001 on the 225,000 shares of CDVJ I bought last Thursday at .0021 (Pays the in-out fees LOL) Oh - I'm still DOWN almost $2000 on my FIRST TWO buy-ins here! Other than that - GREAT DAY!
Heard QBID had a heluva rollercoaster ride from .0128 to .005 and back up to .0117 - Geez - some people woth big cahoney's made some BIG BUCKS today!
No More - If you buy in at .002 or less - ALL OF US HERE WISH YOU at LEAST a 5 bagger! Preferanly a 10 bagger! Sincerely! We'd ALL feel a LOT better if we were in at .002 instead of where we are in at!
Good night and good luck all
[This message has been edited by Love the Market (edited May 12, 2004).]
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I'm sure many are loading up and averaging down at these levels but I'm holding back right now. How long before we rise back up to .01 again? Hope it's by month's end or is that an overdose of wishful thinking. Whatever happened to the goal of moving to the otc bb up from the pinks? Never happened.
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Glad to here it Love I'm going into a holding patern right now, need to see some gains on CDVJ and IBZT. I had a pretty good day on my large caps(lots of green there)with the way the market is jumping around I don't think its time to put more money to work, I can't sit at my computor all day like some people as I still work for a living and to make money in the current market you need to be able to get in and out quick( QBID is a good example 100%+ gains Tuesday for the right trades) GLTA
[This message has been edited by poorman (edited May 12, 2004).]
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No More 925 wrote: Anybody have any thoughts on this stock as of late? Is at least one more decent run too much to ask so that some of us can perhaps break even or near even? I'm putting so much of my pampering into my other stocks, FRCP, GZFX and WNMI that I often neglect to even check the charts and boards for this one. Would anyone with a positive view on things here mind spreading some sunshine, it is much needed. GLTA... _____________________________________________ I think it will go up today. I sold most of mine at a huge loss yesterday and then read on another board that one of the technical symbols turned green. I would say watch me turn green if it goes today or tomorrow. Actually I will be happy for anyone who still has this and paid big. I still have some shares in another account and will be happy to sell that on a spike or better. GLTA-Debi
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You gotta love seeing QBID drop like this. You gotta believe that many people who bought at high levels have lost as much as us in CDVJ. Now we need some airport news like Salemn suggested and we are ready to roll. I feel much better now.
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Debi - If you don't mind my asking, Why did you sell yesterday after all this time? I can't stand being Stuck here, so I averaged down TWICE against my better judgement of putting good money after bad - and now just waiting to see how it plays out.....
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Flemdog: WHY on earth would we LOVE to see QBID tanking? Just because we're in a huge hole doesn't mean yhou should wish our bad luck on others. Remember: What goes around comes around.......Be careful what you wish for.
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I'm not wishing them bad luck. Besides, it is back up and running. I remember some posts saying QBID is now 20 times pps of CDVJ. I think I was just upset because I had the choice of QBID at .003 or PAVP at .0105. I still believe in CDVJ and when more people start to see real results with the airport we are going to breeze by QBID. Longterm.
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Love The Market wrote: Debi - If you don't mind my asking, Why did you sell yesterday after all this time? I can't stand being Stuck here, so I averaged down TWICE against my better judgement of putting good money after bad - and now just waiting to see how it plays out..... _____________________________________________ I needed to free up cash for a great looking immediate trade. I looked at all my stocks and CDVJ was the one I could most easily part with. I sold at a 87% or so loss and made a quick 30% on an in and out trade. I still have CDVJ in another account and hope it works out. I did learn many things from buying and holding this company. I learn better when the tuition is pricey. GLTY and to all-I hope this goes well. Debi
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I think the main problem with PPS is that it is a PINK and if people get burned or lied to or think they have, the Pink bcomes demonized by the Day and swingers who buy the pinks. I have asked many traders about CDVJ and I get the smae negitive response Burned me once shame on you etc With time and some substantial news people can measure I to think CDVJ will take off. Buy it cheap and keep it tucked away next to LBTT and TFCT
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Debi - If you made some extra money - you might want to buy back in on hte cheap!
I just spoke to Anrea for the very first time. He spent quite a bit of time on the phone with me, until he got another call. Actually - he asked me to hold on, but after 7 or 8 minutes I hung up. I'll call back in a bit - I sure don't want to waste shareholder money on his incoming cell phone bill!!!
By the way - he's in NY today. Says it's 91 there.
Some of my questions - and his answers - are as follows:
Q. Can you please tell me what's going on with the St. Hubert's Airport project? Has a survey EVER been done, as required to get your plans approved? If so, can we see it? Will you put it on the website -
A. They have survey done and agreed it should be put on website. Involed much more than what was originally planned for. Major news coming out to that will severly impact airport deal in a big (good) way. MUCH bigger News and PR coming - bigger than anyone ever thought.
Q. Did you ever hire a Project Manager for St. Hubert's?
A. They've narrowed it down to 2 people and will decide soon . Both equally qualified.
Q. Also, What is going on with Beral and Digitalus? They are never mentioned any more.
A. We'll be hearing more about Fingerprint Tech and NAno Tech VERY soon.
Q. Did CDVJ ever buy back shares, as promised?
A. Yes. Will be announces at the appropriate time. The shares they bought back are restricted (They can't sell them again) for 1 year.
Q. Going to the OTC? Which co. - CDVJ or CSJJ? How long?
A. BOTH. As soon as it can all be worked out.
Q. I'm sure you are aware, the new investment in VETDermal did nothing to help our share price either. NOr did the related 2nd PR that was released this morning. At this point, I hope you can tell me what will.
A. That's because the right people haven't heard about it yet - but thy will soon, as well as the 2nd company....
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That's the gist of it....... I KNOW he's a salesman - but he has me SOLD for now. But I don't have any choice but to sit here and wait out the storm. From what he told me - it will be a Monsoon....... But I've heard similar stories from other CEOs who CREAMED us. But I have to keep the faith here for now.
I JUST called him back - and Asked him "IF HE was POSITIVE" the St. Hubert's Survey was done, because M. Beaudoin had said it wasn't a while back. John (JCrom) or someone - could you verify with M. Beaudoin please? I don't have his email handy, and have to leave for a Dr. app't. at 4 and a RE CLub meeting after that.
He also said no more shares were being issued, and we were ALL going to be VERY pleased over the next 2 weeks. And that the NEXT few PRs should make the pps go UP not DOWN.
I know a lot of bashers are gonna raz me with: "Yeah - and you believed him" and all that crap. Frankly - what choice do I have for now anyway? I'm glad I have them on ignore. And if they hop all over his record - who HASN'T done something wrong in their life? I say to them: Offer up some proof that he is NOT doing what he says. I'm still not happy - but have something to look forward to now. If not - what can I say. IF he does what he's supposed to - then yes - we'll all be made whole and even profitable.
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Love NICE post....as I have said many times before...it is only a matter of time with this stock. I have learned a fairly consistent rule of thumb with stocks is buy what they bash. Check out the chart on this stock...it is so beautiful. Anyone who is not in...right now is a good time to BUY. I'm thinking a short term pop to .02 and perhaps a bigger run in the long term. I say .02 because that where previous resistance has been with other pops. This stock is getting exciting.
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Love the Market wrote: That's the gist of it....... I KNOW he's a salesman - but he has me SOLD for now. But I don't have any choice but to sit here and wait out the storm. From what he told me - it will be a Monsoon....... But I've heard similar stories from other CEOs who CREAMED us. But I have to keep the faith here for now.
I JUST called him back - and Asked him "IF HE was POSITIVE" the St. Hubert's Survey was done, because M. Beaudoin had said it wasn't a while back. John (JCrom) or someone - could you verify with M. Beaudoin please? I don't have his email handy, and have to leave for a Dr. app't. at 4 and a RE CLub meeting after that.
He also said no more shares were being issued, and we were ALL going to be VERY pleased over the next 2 weeks. And that the NEXT few PRs should make the pps go UP not DOWN.
I know a lot of bashers are gonna raz me with: "Yeah - and you believed him" and all that crap. Frankly - what choice do I have for now anyway? I'm glad I have them on ignore. And if they hop all over his record - who HASN'T done something wrong in their life? I say to them: Offer up some proof that he is NOT doing what he says. I'm still not happy - but have something to look forward to now. If not - what can I say. IF he does what he's supposed to - then yes - we'll all be made whole and even profitable.
Good Luck to ALL of us with HONORABLE intentions! _____________________________________________ One of the people you thought was bashing had made phone calls and was convinced it was a good buy and things would be fine. The stock tanked and he felt betrayed. --------------------------------------------- At this price you probably are more likely to be able to profit on some kind of a bounce at the very least and maybe even better than that. I am trying to make safer plays since I am seeing so much red right now. I am happy I had ONEV it has been nice to have a stock that even though I played it totally wrong, I still managed to make some money. I need a few more like that. GLTA -DD-IMO-Debi
I originally bought in at .0142 :-( on March 9th on the rumors of the GREAT PR coming that day. It came, and the pps INSTANTLY dropped 50% - in 2.2 seconds. (Well ok, but it SEEMED that fast)!
I averaged down a few weeks later to .0114 at .0069 and I think it was at .004 before I could blink.
I decided last week to average down one more time at .0021 (of course it went to .0018) - for an avg. now of .006
SO I can't AFFORD to sell! And it would be NICE if everything AC is saying is true - but who knows. I'm trying to get as much 3rd party DD as possible - because AC will of COURSE paint a rosy picture. He WANTS us to buy.
Glad you made money on ONEV! Apparently you did it right! You made money! Who cares HOW -a profit is a profit. You're doing better than us here - and those of us in Ibiz too right now.................
I wasn't referring to anyone here, by the way, about bashing. I had posted that on RB, and re-posted it here and on ******. I should have taken that part out. There really aren't any (many) bashers on Allstocks and nobody act like the animals there on RB. There are more ill-mannered people there than good ones. alot of people have been VERY upset on this thread - ME included MANY times. It gets emotional even though we're NOT supposed to trade that way. A few may yell, kick and scream for a few - But it doesn't get anywhere like RB. I'm sure there are a lot of people on Our AllStocks threads for Ibiz, UVCL, QBID, WNMI, and others who are livid and beside themselves this week. If you didn't have cash available and great luck and perfect timing - then it's been a horrible week for most.
Good night and good luck. Steve
[This message has been edited by Love the Market (edited May 12, 2004).]
Quote ---> "There really aren't any (many) bashers on Allstocks and nobody act like the animals there on RB."
I Generally agree, save the QBID thread was out of control for a few weeks. That little fracture yesterday sobered a lot of them up. I own QBID and find that the information on the thread is either "where we going to have the party", or "how smart we are, and those poor unfortunates that aren't". Now that the PPS has recovered some, I imagine the nonsense will begin again. I don't know what to make of this thing. I averaged down to low .004's, and will keep holding and hoping.
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The St-Hubert Airport will be transfered to a private, non-profit org some time this or next week. The airport was publicly owned... but now will be privately owned. St-Hubert is the 5th most busy airport in Canada.... according to an employee there... its MAJORLY busy... and getting busier. Many potential developers are waiting for this change to occur before they invest in the airport (hangers, fuel farms, etc...). Mr. Cortellazzi had a parcel of land there surveyed. He later indicated that he wanted a bigger parcel of land, about 2x bigger. So, another survey will need to be done. It has not been done as of today. Mr.Cortellazzi's project, his parcel of land, including his sketch on website, involve the SOUTH side of the airport. That side is in dire need of repairs. Indeed, the runways, for circulating airplanes, will have to be redone. (by the airport... because that is "infrastructure"). On this SOUTH side of the airport, ONLY EMPTY planes may circulate... mainly for repair purposes, or, as Mr. Cortellazzi suggested, for fuelling at a fuel farm. There has been NO NEW developments for a while now concerning this parcel of land that Mr. Cortellazzi wants to develop. No leases. No new survey. No word, really. If the ball was to start rolling now... construction could 'possibly' begin in November... but construction during winter months is not likely. So... where is this project going? The NORTH side of the airport is MUCH better, MUCH more traffic. No repairs to infrastructure needed. All manner of airplanes can land and circulate there. Surprise, surprise... a large investor and co. is VERY interested in developing this NORTH side of the airport... including a passenger terminal (there is currently NO passenger terminal at St-Hubert airport... but airlines have indicated an interest in this airport...but the NEED for a passenger terminal) This large investor and co would like to 'team up' with another 'company' to partner with. Major financial institutions have indicated interest in financing. Hummmmm.... Who could be interested in this?????
uh... this is a dream that I had... if you can believe that. Enough said. salemm.
Did you talk to M. Beaudoin? Is that how you learned of all this? IF I knew for sure Cord-Dev was going to d ot he North Side - I'd acerage down AGAIN. But WoW does Andrea just keep BS'ing us.....
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