3SOF

This might be worth buying a couple million in shares for the cinco de mayo News........LOL

Coastal Holdings, Inc. Updates Shareholders on Major Investment
Thursday April 27, 8:30 am ET


HOUSTON, TX--(MARKET WIRE)--Apr 27, 2006 -- Coastal Holdings, Inc. (Other OTC:CSJJ.PK - News) today announced that it is in the final stages of closing a major, multi-million dollar investment. It has taken longer than originally anticipated to close this acquisition and release further details on it to investors due to the size and complex nature and structure of the transaction. The Company is pleased to report that it expects to finalize this acquisition by the 5th of May, 2006 at which time further details on it will be released to shareholders.
For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com. Please note that the website is currently under re-development to reflect the new strategy and operations of the Corporation.

I'm in for 10 million shares.........wahoooooooooo!

Talk about gambling, hope the news is good tomorrow!

Thanks to our friends at IHUB this looks interesting

http://www.investorshub.com/boards/read_msg.asp?message_id=10969110&txt2find=csjj+

is this too good to be true or the greatest scam of all time? Only time will tell.

News................150 to 1 forward split.............

"This acquisition will allow Coastal Holdings to attain OTC Bulletin Board Status immediately, pending legal and regulatory approval of the listing."



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.
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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."

this is a Cinco De Mayo surprise!   

Not a bad day today, even touched .0003 ........

Two questions for anyone:
1) How low can a stock go, is    .0000 the lowest? or can it go to   .00000

2) Also, my 10 million shares X 150 = 1,500,000,000 shares(after split)
   1,500,000,000 X .0002= $300,000

What am I missing here? Thats a 150 bagger, right?............LOL

lowest a stock can trade is .0001 so if you bought at .0002, the worse you can do is lose 50%. Otherwise if the stock stays at .0001 at the ask most of the year, you might as enjoy being a bagholder!

Thanks for the response...........I think this has true potential...........

I just checked volume the last 2 years, heres what I found:

Aug 15th 2005:   559,904,984
March 27th 2006: 749,566,044
March had alot of volume by the way.

May 5th:    2,128,537,786  (today was the highest ever)

Hi guys!  Can someone clear this up for me?  On subpennyradio.com they were talking about this stock being a "lotto ticket" and one listener who has multi-millions of shares believes this will buy them a new Porsche if it hits.  So here's my question.

I've always heard that reverse splits are usually bad in the micro and nanocap stocks because the company will eventually dilute shares back down to pre-split levels.  So if the "concern" is dilution, because dilution can = a lower pps, how is a forward split different than the company diluting shares?  Along these lines I've been told that companies that have filed recent SEC form S8 are usually diluting/issuing more common shares in order to pay for "business expenses" which might turn out to be promoter fees.

Granted the PR outlines the forward split is to help CSJJ complete an acquisition of an OTCBB company, but I'm just trying to understand if CSJJ is already having trouble moving up on 2,128,537,786 of volume on 5/5/06 then how hard will it to move up after the forward split occurs? 

I'm not trying to rock the boat or rain on anyone's party here, just trying to become a better and smarter trader with your help.  Thanks!