Post by CashinIn on Oct 8, 2004 21:38:20 GMT -5
Coastal Holdings, Inc. Announces Intention to File Application to List Shares on the OTC Bulletin Board
Friday October 8, 6:30 am ET
HOUSTON--(BUSINESS WIRE)--Oct. 8, 2004--Coastal Holdings, Inc. (Pink Sheets: CSJJ - News), a leading edge technology holding company, today announced that it will begin the application process to list the Company's common shares on the OTC Bulletin Board. As part of the OTC Bulletin Board application and approval process, the Company is required to meet certain eligibility criteria including the filing of audited financial statements in order to become fully reporting with the Securities and Exchange Commission. CSJJ's legal and accounting departments are currently assisting the Company to expedite the application and approval process.
"By beginning the process to list CSJJ's shares on the OTC Bulletin Board, we move closer to achieving another milestone set out for the company", stated CEO Andrea Cortellazzi. "The listing of CSJJ's common stock on the OTC Bulletin Board will enhance the Company's liquidity and credibility, providing benefits to both CSJJ and its shareholders. It will also enhance our ability to meet our stated goals of expanding our Company by acquisitions through the use of both cash and stock."
Coastal Holdings Inc. is also pleased to announce that it is aggressively seeking other innovative and profitable biotechnology firms to add to its investment portfolio. Further details will be provided once a letter of intent is signed with any of these firms.
For more information please contact CEO Andrea Cortellazzi at (647) 886-2703 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.
Andrea Cortellazzi, 647-886-2703
aandre005@sympatico.ca
www.coastalholdings.com
biz.yahoo.com/bw/041008/85144_2.html
Friday October 8, 6:30 am ET
HOUSTON--(BUSINESS WIRE)--Oct. 8, 2004--Coastal Holdings, Inc. (Pink Sheets: CSJJ - News), a leading edge technology holding company, today announced that it will begin the application process to list the Company's common shares on the OTC Bulletin Board. As part of the OTC Bulletin Board application and approval process, the Company is required to meet certain eligibility criteria including the filing of audited financial statements in order to become fully reporting with the Securities and Exchange Commission. CSJJ's legal and accounting departments are currently assisting the Company to expedite the application and approval process.
"By beginning the process to list CSJJ's shares on the OTC Bulletin Board, we move closer to achieving another milestone set out for the company", stated CEO Andrea Cortellazzi. "The listing of CSJJ's common stock on the OTC Bulletin Board will enhance the Company's liquidity and credibility, providing benefits to both CSJJ and its shareholders. It will also enhance our ability to meet our stated goals of expanding our Company by acquisitions through the use of both cash and stock."
Coastal Holdings Inc. is also pleased to announce that it is aggressively seeking other innovative and profitable biotechnology firms to add to its investment portfolio. Further details will be provided once a letter of intent is signed with any of these firms.
For more information please contact CEO Andrea Cortellazzi at (647) 886-2703 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.
Andrea Cortellazzi, 647-886-2703
aandre005@sympatico.ca
www.coastalholdings.com
biz.yahoo.com/bw/041008/85144_2.html