posted
It finally held up and closed at .005 today. Slow and steady accumulation looks to be going on.
I put my sell order in at ten cents. I'm just gonna sit back, put up my feet, and wait for this to hit the markets radar. Everything depends on the next few PR's IMO.
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Ten cents might be low as this new team appears to have set higher goals. Staying away from fluff pr's and dilution are just two indicators. I'm looking at 35 cents and then a huge pop to over a dollar.
IP: Logged |
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If this goes that high, I'll be a happy person, even though I doubt that I will hold it long enough for that. Have to wait and see what news shall bring.
I might pack away 100,000 shares to see what happens, I'll prolly sell the rest well before it gets as high as you are believing it may get to.
If it does get that high, you'll get your kudos from me.
posted
Coastal Capital Acquisition Corp. Update on Accounting Activity Thursday September 18, 4:05 pm ET
COLUMBUS, GA--(MARKET WIRE)--Sep 18, 2008 -- Coastal Capital Acquisition Corp. (Other OTC:CCAJ.PK - News) desires to update its shareholders on the progress of its accounting activity.
The company received draft financials last week from our accounting professionals at Frazier & Deeter for the years 2005, 2006, and 2007. We are in the process of reviewing them and are evaluating independent accounting firms to conduct the audit of the books assembled by management and Frazier & Deeter in accordance with SEC rules and regulations. We will make that selection public as soon as it is deemed appropriate.
The clean-up process thus far has been much more costly and time-consuming then anticipated but this activity has moved the firm closer to becoming a fully reporting company.