posted
Somebody needs to tell the CEO here to use PR newswire because Prime Zone doesn't show up on the major brocker news alerts. Such as Ameritrade exc...
This could have move significantly this AM if the PR had been put out though a better channel
Could move up anyway, but isn't showing an significant changes as yet!
GLTA Rick
PS I'm not holding any possition here at the moment. Just watching with interest.
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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posted
Anyone have the current L2 and have we filled .0006 yet or are we close to filling it.
Posts: 162 | From: Acworth | Registered: Aug 2005
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posted
Hi everyone...You filled .0006 because I just bought in at that price. Did some DD one this stock and it looks very promising.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
Well I think or infamous CEO who we all consider not 100% legitemate might try and give us a surprise by releasing the Finacial Audits early. Hopefully today or tomorrow. But I do think we can expect more positive news this week other than just the Audit Results this week. Since Stock has neen Holding .0006 I also think when it runs it will run to .002 then a small pull back to .0015. Where it should hold steady till more psoitive news comes out. Anyone have any different thoughts.
Posts: 162 | From: Acworth | Registered: Aug 2005
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posted
Anyone have the L2. Bid is Now .0005 with an Ask of .0007 early this morning. appears CSJJ is getting ready to make a move prior to the Finicial AUdit being Released.
Posts: 162 | From: Acworth | Registered: Aug 2005
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posted
News for 'CSJJ' - (Coastal Holdings, Inc. In Joint Venture Negotiations with Vladimir Fuel Company Ltd.)
HOUSTON, Sept. 14, 2005, Sep 14, 2005 (PRIMEZONE via COMTEX) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ) today announced that further to its press release issued on September 10, the company is in negotiations to form a joint venture with a Russian oil and gas firm, Vladimir Fuel Company Ltd. Coastal Holdings will lead the financing of the joint venture by sourcing investment capital from the equity market. The company will also play an active role in identifying a prime location for the development of an oil refinery along the eastern seaboard of Canada or the United States. Once established, the refining capacity of Vladimir Fuel Company will be significantly expanded, along with immediate access to distribution throughout North America. For its part, Coastal Holdings will hold a percentage working interest in the joint venture. Further details will be disclosed upon signing of the formal joint operating agreement.
About Vladimir Fuel Company Ltd.
Vladimir Fuel Company Ltd. (Vladimirskaya Toplivnaya Kompania Ltd.) was established in Vladimir city, Vladimir province, Russia, on May 15, 2002. Headquartered in Moscow, the company participates wholly and via joint venture in the refining of crude oil for energy and industrial uses, in the construction of drilling works, as well as the management and operation of layers of hydrocarbon raw material in the limits of the Ermolinsk and Caspian areas, located in the Chernozemelsk region of the republic of Kalmykiya. To date, Vladimir Fuel Company has performed processing of the liquid petroleum gas condensate (from Urengoysk layer) for major Russian public companies such as Slanci FACTORY and KirishiNefteOrgSintez (http://www.kinef.ru/). In addition, it has signed crude oil refining contracts with Izhevsk State Bitumen Factory and with public companies UfaNefteHim and SalavatNefteOrgSintez (http://www.snos.ru/). The company's director-general is Yuriy Alexandrovich Kozhevnikov.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the company Web site at www.coastalholdings.com.Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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posted
Well today is the day for the Big News. Hope we see alot of Pre Hour volume. Good luck on everyone making some money today.
Posts: 162 | From: Acworth | Registered: Aug 2005
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I want to have faith that he will release the Finacial Audit Results today. But Has not been released yet. Hope like hell not being played for a sucker.
Posts: 162 | From: Acworth | Registered: Aug 2005
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well looks like this sorry as CEO Lied again. No Audit Released yet. I now officially agree he is a crook and cant be trusted. So once I get back to where I bought I am selling this Garbage.
Posts: 162 | From: Acworth | Registered: Aug 2005
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posted
Just got off the phone with CSJJ Finacial Audit has been sent to Business Wire. Said should be out in next 10 to 15 Minutes. Maybe it will be solid and Make Huge Run.
Posts: 162 | From: Acworth | Registered: Aug 2005
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posted
Coastal Holdings, Inc. Releases Financial Statements Sep 15, 2005 1:19:00 PM 2005 PrimeZone Media Network HOUSTON, Sept. 15, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ) today announced the release of its financial statements for the fiscal year ended June 30, 2005. The financial report, including the consolidated financial statements and accompanying notes, appears in its entirety below.
THE SHAREHOLDERS OF COASTAL HOLDINGS INC. --------------- VOLUNTARY DISCLOSURE FOR THE YEARLY REPORT TO SHAREHOLDERS FOR THE FISCAL YEAR ENDED JUNE 30, 2005
COASTAL HOLDINGS INC (Exact name of issuer as specified in its charter) --------------- Nevada (State of Incorporation)
2542 Cliff Drive, Dickinson, Texas 77539 (Address of principal executive offices)
Company's telephone number, including area code: (514) 288-9699
Securities registered pursuant to Section 12(b) of the Act None
Name of Trading Market/Symbol Pink Sheets CSJJ
Description of Unrestricted Securities: Common Stock, no par value
THE COMPANY IS PROVIDING THIS VOLUNTARY DISCLOSURE FORM FOR THE YEARLY REPORT TO SHAREHOLDERS (THE "REPORT") IN AN EFFORT TO KEEP ITS SHAREHOLDERS AS FULLY INFORMED ABOUT ITS BUSINESS AND OPERATIONS AS POSSIBLE. THE PROVISION OF THIS REPORT TO SHAREHOLDERS IS VOLUNTARY, AND IS NOT INTENDED TO IMPLY THAT COASTAL HOLDINGS INC. IS A REPORTING COMPANY PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES ACT 1933, OR ANY OTHER FEDERAL OR STATE SECURITIES LAWS, NOR TO CREATE ANY OBLIGATION TO FILE, MAKE OR PROVIDE ANY SUCH REPORTS IN THE FUTURE.
The number of shares of the Company's common stock outstanding as of June 28, 2005 3,741,275,464
THIS REPORT IS NOT A PROSPECTUS OFFERING TO SELL, NOR A SOLICITATION OF OFFERS TO PURCHASE, SECURITIES OF THE COMPANY.
COASTAL HOLDINGS INC. 2542 CLIFF DRIVE DICKINSON, TEXAS 77539
Management's Certification
The accompanying consolidated unaudited financial statements and the notes thereto, present fairly, in all material respects, the financial position of Coastal Holdings, Inc and the results of its operations and cash flows for the periods presented, in conformity with accounting principles generally accepted in the United States, consistently applied.
(SIGNED) Serge Ollu, MBA Executive Vice President, Finance
August 26, 2005
COASTAL HOLDINGS INC. CONSOLIDATED BALANCE SHEETS July 1, 2004 to June 30, 2005 (Unaudited) (Subject to Revision) --------------------------------------------------------------------- June 30, 2005 --------------------------------------------------------------------- ASSETS Current Cash $ 531,642 Deposits (note) $ 367,000 Prepaid expenses $ 176,598 Accounts receivable $ 231,000
Total Current Assets $1,306,240
Properties $2,075,000 Equipment $ 112,000 Other Assets Investments $2,800,000
Total Assets $6,293,240 ===================================================================== LIABILITIES Current Accounts payable $ 91,553 Accrued liabilities $ 332,687
Total Current Liabilities $ 424,240
Long term debt Mortgage $ 336,354 Loan $2,400,000 $2,736,354 Total Long term Liabilities
STOCKHOLDERS EQUITY Common Stock, $0.0001 par value, 5,000,000,000 shares authorized 3,741,275,464 shares of common stock issued and outstanding as of June 28, 2005 $ 374,127
Profit for the period $ 977,628 Accumulated Profit $1,780,891 --------------------------------------------------------------------- TOTAL LIABILITIES AND EQUITY $6,293,240 =====================================================================
COASTAL HOLDINGS INC. STATEMENT OF INCOME July 1, 2004 to June 30, 2005 (Unaudited) (Subject to Revision) --------------------------------------------------------------------- June 30, 2005 --------------------------------------------------------------------- INCOME $2,362,748
COASTAL HOLDINGS INC. STATEMENT OF CASH FLOWS July 1, 2004 to June 30, 2005 (Unaudited) (Subject to Revision) --------------------------------------------------------------------- June 30, 2005 --------------------------------------------------------------------- CASH FLOWS FROM OPERATING ACTIVITIES: Net profit $ 977,628 Depreciation $ 40,000 (Increase) decrease in operating assets: Deposit $(367,000) Prepaid expenses $(176,598) Accounts receivable $(231,000)
CASH FLOWS FROM FINANCING ACTIVITIES Repayment of long-term debt $(332,687)
NET CASH PROVIDED BY FINANCING ACTIVITIES $(332,687)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENT $ 1,896
CASH AND CASH EQUIVALENTS Beginning of period $ 529,746 End of period $ 531,642
COASTAL HOLDINGS INC. NOTES TO FINANCIAL STATEMENTS July 1, 2004 to June 30, 2005 (Unaudited) (Subject to Revision)
1. BASIS OF PRESENTATION
The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America by the Issuer and in the opinion of management, include all adjustments consisting only of normal recurring accruals considered necessary to present fairly the Company's financial position at June 30, 2005 and the results of operations for the period ended June 30, 2005. Moreover, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
The preparation of consolidated financial statements in conformity with accounting principles generally accepted in United States of America requires management to make estimates and assumptions that effect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
2. NATURE OF BUSINESS
Coastal Holdings, Inc. is a diversified holding company with two major divisions: Technology and Real Estate Development. The Company's mission is to create and enhance shareholder value via a growth-by-acquisition strategy. Using a comprehensive due diligence process with the help of technology and real estate experts, the Company screens and ultimately acquires interests in innovative technology companies and high-growth real estate development projects. By investing in these select companies and projects, Coastal Holdings' goal is to expand its revenue and profit stream. Supported by an experienced financial and marketing staff, the Company is well positioned to benefit from the increasing demand and opportunities in the global technology and real estate industries.
3. PROPERTIES
The properties are recorded at cost and include expenditures. No depreciation is deducted from those assets.
4. EQUIPMENT
Equipment is recorded at cost. Maintenance and repair costs are expensed as incurred. Depreciation is calculated at a rate of 20% per year.
Depreciation Net Depreciation Net 2004 2005
COST: $175,000 $35,000 $140,000 $28,000 $112,000
5. DEPOSITS
There are deposits as well as advances for:
The Corporation currently has an offer for 50% ownership on a parcel of land in France (approximately 7 miles from the Eiffel Tower in Paris). This piece of land is approximately 11 million square feet. The Company is currently in negotiation with lenders and other institutions to complete this joint venture. This joint venture will comprise the construction of 3,500 apartment units as well as a retirement home. The land will also house light industrial complexes along the highway.
The Corporation currently has an offer on a parcel of land in Virginia USA. The land is zoned for 22 townhouse condo units.
6. INVESTMENTS
The investments consist of the acquisition of participation in various corporations, either by direct capital injections or by acquisition of blocks of free trading shares. The investments are recorded at cost. The profits or the losses are recorded in the income of the corporation.
Coastal Holdings has invested $200,000 in Vetdermal Systems Limited (VDS), a UK Pharmaceutical company. For its investment, Coastal Holdings received 1,813 shares of VDS.
7. MORTGAGE
A first rank mortgage on one of the properties of an original amount of $400,000 bearing interest at 5.5%, term 5 years, amortization 25 years, due in monthly payments of $2,442, including capital and interest, through June 1, 2009
Capital installment for 2006 $8,174 Interest $21,130 Balance $384,082 Capital installment for 2007 $8,631 Interest $20,673 Balance $375,452 Capital installment for 2008 $9,112 Interest $20,192 Balance $366,340 Capital installment for 2009 $9,620 Interest $19,684 Balance $356,720
8. NOTE (LOAN)
Note (loan) of an original amount of $3,000,000, bearing interest at 5% and payable in 20 semi-annual installments, capital $150,000 plus interest in accordance with the following schedule: CAPITAL INTEREST BALANCE
December 30, 2005 $150,000 $67,500 $2,550,000 June 30, 2006 $150,000 $63,750 $2,400,000 December 30, 2006 $150,000 $60,000 $2,250,000 June 30, 2007 $150,000 $56,250 $2,100,000 December 30, 2007 $150,000 $52,500 $1,950,000 June 30, 2008 $150,000 $48,750 $1,800,000 For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
CONTACT: Coastal Holdings, Inc. CEO Andrea Cortellazzi (514) 288-9699 aandre005@sympatico.ca www.coastalholdings.com
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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posted
Cant beleive even with a positive audit this stock still will not move upwards, Man even kept his word for once. Well maybe will make a run late today and excelerate tomorrow.
Posts: 162 | From: Acworth | Registered: Aug 2005
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posted
That's a lot of outstanding shares.Hopefully this will move once word gets out.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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posted
I have been monitoring this stock all week. I would think by now .0006 has been filled. Could anyone check that for me and current L2
Posts: 162 | From: Acworth | Registered: Aug 2005
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Thanks Buck. Nice buys coming in now. Wor'd getting out. Might see some upwards action this afternoon.
Posts: 871 | From: New York, NY | Registered: May 2005
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posted
Remember also that in the June 21 PR of this year the company announced "an aggressive share buyback program" over the next 12 months.
Posts: 798 | Registered: Jun 2004
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