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Press Release Source: Coastal Holdings, Inc.
Coastal Holdings, Inc. Announces Forward Split of Company Stock and Status of OTC Bulletin Board Listing Friday May 5, 8:30 am ET
HOUSTON, TX--(MARKET WIRE)--May 5, 2006 -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) today announced that during a Special Meeting of the Board of Directors the Company approved a 150 for 1 forward split of the Company's common stock. ADVERTISEMENT
The Company is filing the necessary information with NASDAQ Market Integrity. Further details with respect to the effective date and shareholder date of record of the forward split will be released following the regulatory approval of the application. Stockholders of record on a specific date, to be determined shortly, will be entitled to one hundred and fifty (150) shares of common stock for each share of common stock held as of the record date.
This forward stock split will enable Coastal Holdings to raise the required capital to close on the acquisition of an OTC-BB listed company. President of the Company's future Audit Committee Jacques Vallee stated: "This acquisition will allow Coastal Holdings to attain OTC Bulletin Board Status immediately, pending legal and regulatory approval of the listing."
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
-------------------------------------------------------------------------------- Source: Coastal Holdings, Inc.
Posts: 198 | From: Lakeland,Florida | Registered: Jan 2004
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Be a little brave ....I think it will pay off to hold this a while ..I AM SURE OF IT . Posts: 365 | From: redlands | Registered: Mar 2006
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Well I can tell you what I am doing. I have a good till cancelled order set at the price I paid for it. I will holdit for ever until I get my money back. It's only 300 bucks, but I refuse to sell for a 150 buck loss. Besides the momentum crown will eventually run this one back up.
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HOUSTON, TX, May 23, 2006 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (PINKSHEETS: CSJJ), today announced that The OTC Value Watch has initiated coverage of their company. They confirm a positive outlook on CSJJ based on their analysis of the Company's projected growth and fundamentals. Their price target of $0.06 indicates a strong short-term outlook. The complete, unedited analyst report appears below.
MAY 2006
COASTAL HOLDINGS, INC.
(PINKSHEETS: CSJJ)
Investment Highlights
-- CSJJ recently announced a forward split of their stock which will
enable them to raise the required capital to close on an acquisition of an
OTC-BB company.
-- This forward split can mark one of the most exciting periods for a
stock and often attracts a new group of followers to the market. Investors
view forward splits as a sign that the long-term business outlook is
favourable.
-- The Company has plans in place to invest in new, high-growth projects
and profitable assets that will align with the Company's aggressive growth-
by-acquisition strategy.
-- CSJJ has taken steps to fuel rapid expansion by filing for NASDAQ
Bulletin Board status through a forward split.
Company Background
It is not often that investors are able to take advantage of a situation which is relatively new to the public domain, which has a management team with the talent laden in Coastal Holdings, Inc., (PINKSHEETS: CSJJ). This public entity is currently working to attain NASDAQ Bulletin Board status and is doing so through a forward split of 150:1. This forward split enables the company to raise the required capital to close on the acquisition of an OTC Bulletin Board which creates solid opportunities for the company to expedite its pending acquisitions and better position them to expand and enhance its business through upcoming mergers and acquisitions. To further expand their ability to build a solid company, Coastal Holdings is also looking forward to listing its shares on the European Stock Exchanges to get even more exposure. Coastal Holdings, through their business plan, is committed to creating and enhancing shareholder value and has taken important steps we feel in doing just that. This recent news is a significant corporate development that will help them get their story out. Small companies need to create their story, and then get it out. CSJJ's mission is to invest in select industries and technologies that are the wave of the future.
Forward Split
Coastal Holding, Inc's. management strongly believes in the potential in what this announced forward split will do for the company. It will help them expand their investor base, increase the stock's liquidity, and most importantly enable them to close on the acquisition of an OTC-BB company and ultimately attain OTC-BB status. The Company is filing the necessary information with NASDAQ Market Integrity to execute this Forward Split. CSJJ is a diversified holding company with its mission focused on high-growth projects and profitable assets that will compliment its aggressive growth strategy of targeting these developing companies. At present, CSJJ is primarily focused on the real estate, technology and natural resources sector. In these areas, the Company is committed to becoming a dynamic growth company in these exciting market sectors. In our opinion, it adds up to a solid opportunity for investors to purchase a future profitable growth opportunity for their investment portfolio. The company has all the combinations of ingredients now in place with this forward split and planned OTC-BB listing for long-term growth and at this level offers investors an excellent value. Speculative investors really should take a hard look at this company as well as long-term investors.
Investment Conclusions
Due to their business plan and the potential of this industry, Coastal Holdings, Inc. fits the intense criteria for potential growth over the short-to-intermediate term. CSJJ has an aggressive plan in place which is to become a leading growth company in the real estate, technology and natural resources industries. Coastal Holdings, Inc. has very specific goals in their business plan and a talented workforce to accomplish them in a timely manner. Together with its upcoming acquisitions, Coastal Holdings offers a diverse and rapidly expanding holding company, representing substantial sources of growing revenue and potential earnings. If the company remains consistent with its corporate objectives, Coastal Holdings, Inc. will continue to focus on key investments and initiatives that will contribute to long-term success and profitability.
OTC Value Watch prepared the information and opinions in this analyst report. For this analyst report, $2,500 was received from D Wetzel Consulting. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. The OTC Value Watch does not disseminate, nor is it liable for the dissemination of this analyst report by any third party.
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
Ph# (514) 288-9699
E-mail: aandre005*sympatico.ca
SOURCE: Coastal Holdings, Inc.
CONTACT: mailto:aandre005*sympatico.ca
Copyright 2006 Market Wire, All rights reserved.
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Pharmaceuticals and Biotech:Equipment and Supplies
Posts: 1086 | Registered: Oct 2005
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quote:Originally posted by Gama: Guys I bought Csjj at 0.0001 three weeks ago and I am thinking of selling it ?
Any advice .. thanks
Hey, you can put your order in at .0002 and you've got a 100% gain (less commissions, not too bad)and it should sell within days, if not today. But it looks to me like they are at the beginning of a "news blitz" which should drive the price much higher! GLTA
Vagabond
-------------------- You are what you do, not what you say! Posts: 473 | From: Where ever the next train takes me! | Registered: Apr 2006
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