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Author Topic: CSJJ Expanding into the Oil Business
iwearpro
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COME ON BIG MONEY

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Thanks,
Brian

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iwearpro
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Think someone knows something....Look at the last minute buys on this thing! 94 million in volume today!!!!

0.0003 400000 OTO 15:59:58
0.0002 500 OTO 15:59:23
0.0002 3500000 OTO 15:59:04
0.0002 9000000 OTO 15:59:04
0.0002 3711000 OTO 15:58:19
0.0002 2000000 OTO 15:57:50
0.0002 1788500 OTO 15:57:50
0.0002 5000000 OTO 15:13:57
0.0002 5000000 OTO 15:11:34
0.0002 75000 OTO 15:10:54
0.0002 75000 OTO 15:10:53
0.0002 100000 OTO 15:10:33
0.0002 100000 OTO 15:10:33
0.0002 4000000 OTO 15:10:32
0.0002 5000000 OTO 15:10:31
0.0002 10000 OTO 15:10:06
0.0002 10000 OTO 15:10:04
0.0002 1000000 OTO 15:10:04
0.0002 50000 OTO 15:09:46
0.0002 2000000 OTO 15:09:33
0.0002 2000000 OTO 15:09:29
0.0002 2500000 OTO 15:07:03
0.0002 2500000 OTO 15:06:58
0.0003 333333 OTO 14:39:50
0.0003 1500000 OTO 14:38:27
0.0003 900000 OTO 14:30:04
0.0003 1760857 OTO 14:17:59
0.0003 750000 OTO 13:30:13
0.0002 5000000 OTO 13:18:11
0.0002 5000000 OTO 13:18:00

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Thanks,
Brian

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Malloy
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Phoned the co.

quote:
Originally posted by iwearpro:
quote:
Originally posted by Malloy:
Oil news tomorrow, CEO confirmed it was delayed but will be good.

quote:
Originally posted by iwearpro:
Lots of volume today. over 40 million traded,thats pretty high for this stock. Something brewing?


Did you have an e-mail from them?where did you hear this?


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Malloy
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Malloy
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SCHB buying everything they throw at him, ask down to 4 now.

I've added at .0002, looks like a good position to be before the PR.

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Malloy
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Rasica
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````Oil news tomorrow, CEO confirmed it was delayed but will be good.

Nice work Malloy!!!

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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Malloy
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News out

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Malloy
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Malloy
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Coastal Holdings, Inc. Announces Corporate Restructuring
Tuesday November 15, 11:25 am ET


HOUSTON, TX--(MARKET WIRE)--Nov 15, 2005 -- Following a review of its operating structure and functions, the Board of Directors of Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), today announced a significant corporate restructuring. The Board has developed a restructuring plan and growth initiatives designed to sharpen the Company's focus on key investments and initiatives that it believes will contribute to improved long-term success and profitability. In particular, the Company will focus on expediting the completion of the following two acquisitions: (i) NO.3 HINES development oil well from BDT Energy Producers, Inc. and (ii) at least two Israeli high-growth technology firms that it has selected after performing due diligence on several firms in that market. The corporate restructuring will take place during the course of the next two to four months.

As a consequence of the restructuring, new officers and directors will be elected to Coastal Holdings' Board of Directors in order to ensure that the pending acquisitions are completed in short order and to effectively lead the Company forward in the execution of its strategy and the next phase of its development.

The Board also announced that, as a part of the Company's restructuring, it will divest unproductive and underperforming assets. The proceeds from the sales will be used to invest in new, high-growth projects and profitable assets that will align with the Company's revised corporate growth strategy. Further details will be disclosed to shareholders over the next couple of weeks following the appointment of the new members to the Board of Directors.

For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.

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:
Contact:
Coastal Holdings, Inc.
Andrea Cortellazzi
CEO
Ph# (514) 288-9699
E-mail: aandre005*sympatico.ca



--------------------------------------------------------------------------------
Source: Coastal Holdings, Inc.

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Malloy
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Rasica
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CSJJ at 64 Million and climbing on PR!!!!!!!!

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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Malloy
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CEO confirmed NO r/s.

L2 changing, SCHB buying lots now joined by ETRD

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Malloy
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Rasica
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CSJJ at 100 Million and climbing !!!!!!!!!!!!!

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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Doctoall
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Great maybe I can finally dump what I am holding [Big Grin]

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Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

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The Nice Guy
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you people still chasing this??

on of my friends was telling me that this is a scam. Stay away from it.

What happened to their project in Paris??

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What do you think ?

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iwearpro
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Coastal holdings are in the process of trying and getting multiple deals landed.I believe that was one has some potential in the long run.

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Thanks,
Brian

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Doctoall
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quote:
Originally posted by iwearpro:
Coastal holdings are in the process of trying and getting multiple deals landed.I believe that was one has some potential in the long run.

I have been with this one for the long run and it has "ran" nowhere [Big Grin]

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Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

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iwearpro
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No you are right,It,like most newer stocks dont go anywhere for awhile. If you read their financials,they anticipated making 2.5 million in 2005 and they made 2.37 milllion,close enough for me. Looking at their 2006 they predict 25 million,2007 35 million,2008 over 40 million. They have alot of irons in the fire right now and are going places. I know its a slower moving stock unlike one like gzfx,but I beleive they have a strong near future ahead of them.
IMHO

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Thanks,
Brian

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Rasica
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Coastal Holdings has decided to purchase the oil well designated as NO. 3 HINES rather than NO. 2 HONEY that appeared in the original MOU and first draft of the Purchase Agreement with BDT. Due to its location adjacent to BDT-owned and producing wells at NO.1 HINES and NO. 2 HINES, the purchase of this oil well is a lower risk venture while still offering Coastal Holdings high revenue and profit potential in a well which could last for 30 years or more. This well will be drilled into the Salem Limestone at a depth of 3350 feet and will be only 660 feet east of an old TEXAS Oil Company (TEXACO) well which produced 55 barrels of oil per day (BOPD) and no water from the Rosiclare limestone. This new well will also be 660 feet west of NO. 2 HINES which has sold in excess of $175,000 in oil produced from the Rosiclare limestone, from just one (1) of the 7 pay zones present in this well. As there are a number of pay zones that produce oil in the immediate area, this well will be drilled to test a total of 8 pay zones for oil and gas production.

The financial terms and tax advantages of this investment are very favorable for Coastal Holdings. First of all, this investment can be completely written off by Coastal Holdings in the year of investment and save the Company approximately $200,000 in Federal Income tax. In addition, BDT will guarantee Coastal Holdings a selling price of $50 per barrel of oil for the first 3,600 barrels of oil produced by the well, once it is drilled and becomes a producing well. This guarantees a base price for the oil produced, and if the market price is higher then Coastal Holdings' return on investment will correspondingly rise and provide the Company with a quicker payback. Based on a current market price of $60 per barrel of oil and a minimum annual production of 5,210 barrels of oil, within one year Coastal Holdings will receive a total return of its investment in the well and generate a profit.
http://www.coastalholdings.com/new.asp?ID=107

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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Rasica
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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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Malloy
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Coastal Holdings, Inc. Announces No Reverse Stock Split and Hiring Initiative
Thursday November 17, 11:15 am ET


HOUSTON, TX--(MARKET WIRE)--Nov 17, 2005 -- The Board of Directors of Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News), today announced that no reverse stock split is part of the Company's restructuring plan, as disclosed on November 15. This statement has been issued in response to concerns raised by several shareholders.

The Board also announced that, as part of the corporate restructuring, the Company will hire more personnel, including advisors, in order to effectively manage the new, high-growth projects that are in the restructuring plan. The Company is pleased to report that it has more than sufficient funds to finance this hiring initiative. For further information, shareholders may consult the financial statements issued in the Company's September 15 press release.

For more information please contact CEO Andrea Cortellazzi at (514) 288-9699.

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:
Contact:

Coastal Holdings, Inc.
CEO Andrea Cortellazzi
Ph# (514) 288-9699
E-mail: aandre005*sympatico.ca

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Malloy
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Malloy
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Here's the financial from sep. 15


http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cpz%5C2005%5C09%5C15%5C70373950.html%26clientid%3D168%26provider%3DPRIMEZONE_MEDIA_NETWORK%2C_INC.&s ymbol=CSJJ


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
=====================================================================

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Malloy
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iwearpro
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This company has a ton going for them!!

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Thanks,
Brian

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Malloy
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Now that they clarified their position, we should see some positive reversal.

Still expecting news from the oil project.

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Malloy
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stockvapor
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Still holding long ...I think this company is great.
[Wink]

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Jus Do Um
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I believe we are in good position for growth. Got my shares and letting it ride.
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stnkng1
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iwear is this thing gonna move someday in your opinion and can this stock ever make it to .0012 or so just need an opinion

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Derek S

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Rasica
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If Hines #3 comes in at 650 BOPD, just oil alone should cause it to hit .30 to .65 initially with no problem!

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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ChrisLee
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What do you guys think about the massive vol we have had the last 2 days?
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Rasica
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Massive dumping, but A.C. will keep a clean nose!

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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iwearpro
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I own 3 million shares of this stock and am watching it closely.I think out of all the stocks in my portfolio this one, and gzfx has the most potential.

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Brian

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stnkng1
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i only own 2.5 million shares and was really thinking about selling to buy more GZFX and then later getting back in what do you think iwear csjj probrably has awhile before it starts to even move dont you think i mean it sat at .0001 for awhile today and i havent seen it over .0003 for i dont no how long.
when i first bought i was doind alot of dd on it and really thought it was awesome and could of been .01 someday so i dropped $500 into it and got 2.5 mil but i think it may take along along time your opinion again please

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Derek S

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stnkng1
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i just sold all of my cnes yesterday to get more GZFX shares i hope that was a ggod move

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Derek S

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Malloy
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Good question.

Someone's been buying all those shares. Over 200M traded.

1MM left now on ask, seems they cleaned it up.


quote:
Originally posted by ChrisLee:
What do you guys think about the massive vol we have had the last 2 days?



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Malloy
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stnkng1
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think this will ever see .0005

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Derek S

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Malloy
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It happens every other month. Any good Oil news out and we should.

quote:
Originally posted by stnkng1:
think this will ever see .0005



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Malloy
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Rasica
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January will be a good month to reassess...nothing will happen here untill then. So buy the amount you wish to sit on until then. If good news on oil...then we're out of sub penney land. If Hines #3 hits like Texaco did less than a half mile away in the Salem limestone with 7 pay zones, well I believe .30-.60 pps is a fair representation. If this well produces 650 BOPD...well lets just say champagne will be flowing too. Now, we haven't even considered natural gas and there maybe very little, but if any, this is a plus.

Consider the prices in oil now which is 1 1/2 times higher than a year ago and ng about the same level..and we have very good multipliers.

Its not that hard to get one new well drilled...look at EOGI...one guy...one well which is at 500 k/ft3 ng, and he just got financed to build the pipeline for tie in. This is another well (Empress)in Acadia/Canada that will easily hit .35 in another two months. So watch this one close, buy time would be about Christmas. QOIL is its kissing cousin in Acadia.

So for me CSJJ is a gamble, but if A.C. wants to make some serious money (low risk area), it makes sense to try for 650 BOPD...especially when BDT has guaranteed a base minimum with their very old low producing oil fields as backup. Remember, this new drill is far different than BDT because it will traverse 7 payzones to Salem. I'm in this lite so if it fails oh well, I've wasted more money buying beer throughout the ages.

GLTA

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All IMHO. Do not rely upon anything I post to base your financial decisions upon.

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stnkng1
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so your saying if they find oil then a .0003 stock can goto .30 or so thats almost 100000% raise i dont no about that

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Derek S

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