Coastal Capital Acquisition Corporation Subsidiary Closes a Deal With Investmentnation.com
13 4월 2010 - 10:00PM
Marketwired
Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced
today that it has finalized and closed a deal between its wholly
owned subsidiary Coastal Capital Consulting Inc and
Investmentnation, Inc. Through this merger Investmentnation.com
became a minority held subsidiary of Coastal Capital Consulting
Corp., which is a wholly owned subsidiary of Coastal Capital
Acquisition Corp.
Investmentnation.com was founded by Michael and Jeff Montange,
both of whom served our country in the Army and were injured in
Iraq. Investmentnation.com is a full service virtual conference
firm that provides a cost effective visibility strategy to public
and private companies alike. The company also owns and operates a
state of the art public message board forum that includes an array
of due diligence tools.
Coastal Capital's CEO, Jeff Berkowitz, said, "I am proud to
announce this deal with Investmentnation.com for many reasons.
First and foremost it will add value to and for CCAJ and its
shareholders. Let's not forget that Ragingbull was bought by Terra
Lycos for an undetermined amount but rumored to be approx
$20,000,000. Also the only other viable message board solution that
has had any longevity to it is the Yahoo (YHOO) message board
forum. Other forums have come and gone with the tide of
investors.
"More importantly Investmentnation.com was founded by what I
consider 2 American heroes who served our country in Iraq, both of
whom were wounded in action. In 2007 while recuperating in the
hospital from an IED attack Michael and his brother Jeff Montange
began the process of creating Investmentnation.com with the theme
of helping investors by shining a light on CEOs for investors and
potential investors of public companies. With that said and a big
thank you for their service to this country, I encourage all
shareholders and potential shareholders alike that are reading this
press release to visit Investmentnation.com and to register as well
as to tell your friends and fellow posters to register and visit
the over 16,000 different stock forums that encompass
Investmentnation.com. The website also has certain specific
features which in my opinion set it aside from the competition.
Such as the ability to see what other message board forums are
saying regarding the same company without having to leave
Investmentnation.com. A user also has the ability to interact or
post to those other message board forums without leaving
Investmentnation.com. Investmentnation.com also produces live and
pre-recorded interactive CEO interviews. This technology allows
shareholders or potential shareholders to interact with the CEO of
a particular company through audio, text and visual means. If a
shareholder or potential shareholder asks tough questions and the
CEO has a tough time answering? The spotlight is on and investors
can and should act accordingly. These interviews can and will be
archived to the Investmentnation.com website and the related stock
message board as well. I look forward to utilizing that spotlight
and forum to interact with our shareholders on a regular basis. The
principals of Investmentnation and Coastal Capital have agreed to a
revenue share agreement. This agreement gives Coastal Capital 50%
of any and all CEO interview revenue that is brought into
Investmentnation.com by Coastal Capital Acquisition Corp. and its
subsidiaries."
Michael Montange, CFO of Investmentnation.com, said, "My brother
Jeff and I had a vision which we worked towards that became a
reality over the past 3 years. Given this venture and relationship
with Coastal Capital Consulting and its associates, together with
the strategy of Investmentnation.com becoming a standalone public
entity in the future, I am certain that the goals we set 3 years
ago for Investmentnation.com will be met."
Jeff Montange, CEO of Investmentnation.com, also commented
saying, "This strategy affords Investmentnation.com time to build
our brand through a publicly owned company and subsequently into a
publicly traded entity when the timing is right. I look forward to
working with Jeff Berkowitz and the associates of Coastal Capital
to accomplish the mission. Some of the new bells and whistles that
we are working on to offer through the site are our 'papertrader
beta' and the Investmentnation.com trader pro lvl2 platform! We are
also going to sponsor certain contests going forward with prizes
such as free lvl2 and certain other prizes of value. I invite all
shareholders and investors alike to register and to use
Investmentnation.com and it's free to use."
Forward-Looking Statements:
This report contains forward-looking statements, including the
use of the words "expect," "anticipate," "estimate," "project,"
"forecast," "outlook," "target," "objective," "plan," "goal,"
"pursue," "on track," and similar expressions. These
forward-looking statements involve risks and uncertainties. Factors
that could cause actual results to differ materially from those
predicted in any such forward-looking statements include our
ability to continue to lower our costs, our timely development and
customers' acceptance of our products, including acceptance by key
customers, pricing pressures, rapid technological changes in the
industry, increased competition, our ability to attract and retain
qualified personnel, our ability to identify and successfully
consummate future acquisitions; adverse changes in customer order
patterns, adverse changes in general economic conditions in the
U.S. and internationally, risks associated with foreign operations
and political and economic uncertainties associated with current
world events.
Contact: Investor Relations Richard Kravets (215) 485-8239
Coastal Capital Acquisit... (PK) (USOTC:CCAJ)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Coastal Capital Acquisit... (PK) (USOTC:CCAJ)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024