CCAJ READ "Undervalued to say the least" Fro
Post# of 1240
Posted On: 12/29/2012 5:01:32 PM
CCAJ READ "Undervalued to say the least" >>
From Sept.2012 Quarterly
ASSETS $1,661,000
LIABILTY $1,649,000
So Far not worth .0006
REVENUE FOR 9 MONTHS $845,000 (How many penny stocks have revs)
Gross Profit $181,000 (pretty impressive imo)
As of Decemeber 2012 1.35 Billion Shares were "CANCELLED"
The three members of Coastal Capital's board of directors, who will remain directors, approved the Rescission Agreement, including the cancellation of the 1,350,000,000 shares issued to Mr. DiNorcia, on December 21, 2012. The cancellation of the 1,350,000,000 shares reduced Coastal Capital's outstanding common shares from 2,284,739,050 to 934,739,050.
SO AS OF DECEMBER 2012 934,739,050 SHARES OUTSTANDING
PS Also a HUGE Clause >> Mr. DiNorcia stated, "Removing the conversion feature of the Series B Shares will prevent dilution to the holders of our common stock that could result from the conversion of the Series B Shares into common shares."
Hey as far as I am concerned prior to all of this we were .01+, I truly can't see .0006 being the true value here folks...MORE LIKE .005-.01 SHORT TERM!
From Sept.2012 Quarterly
ASSETS $1,661,000
LIABILTY $1,649,000
So Far not worth .0006
REVENUE FOR 9 MONTHS $845,000 (How many penny stocks have revs)
Gross Profit $181,000 (pretty impressive imo)
As of Decemeber 2012 1.35 Billion Shares were "CANCELLED"
The three members of Coastal Capital's board of directors, who will remain directors, approved the Rescission Agreement, including the cancellation of the 1,350,000,000 shares issued to Mr. DiNorcia, on December 21, 2012. The cancellation of the 1,350,000,000 shares reduced Coastal Capital's outstanding common shares from 2,284,739,050 to 934,739,050.
SO AS OF DECEMBER 2012 934,739,050 SHARES OUTSTANDING
PS Also a HUGE Clause >> Mr. DiNorcia stated, "Removing the conversion feature of the Series B Shares will prevent dilution to the holders of our common stock that could result from the conversion of the Series B Shares into common shares."
Hey as far as I am concerned prior to all of this we were .01+, I truly can't see .0006 being the true value here folks...MORE LIKE .005-.01 SHORT TERM!
Okay last but not least a Comparative >>
CCAJ vs BBDA
CCAJ has far less of a Share Structure
CCAJ Float 500 Million , but most say 299 Million either was
BBDA Float 1.45 Billion ....
Tons less folks 1/3 to be more accurate!
Assets are very similar, Revs slightly lower....with that said here is why I chose to compare the 2
CCAJ was .01+. dropped on air/dilution, chart says bounce time, where BBDA ran from trips to .0199 in a very short time while company dumped millions into the run....are you still with me? You should be our dilution has occurred....think about it, where is PPS heading vs what happened with BBDA????
CCAJ is a MONEY MAKING CASH COW from these prices, grab some and don't worry about news, filings and naysayers...Momo will correct the PPS here, expect .005 soon enough!
CCAJ vs BBDA
CCAJ has far less of a Share Structure
CCAJ Float 500 Million , but most say 299 Million either was
BBDA Float 1.45 Billion ....
Tons less folks 1/3 to be more accurate!
Assets are very similar, Revs slightly lower....with that said here is why I chose to compare the 2
CCAJ was .01+. dropped on air/dilution, chart says bounce time, where BBDA ran from trips to .0199 in a very short time while company dumped millions into the run....are you still with me? You should be our dilution has occurred....think about it, where is PPS heading vs what happened with BBDA????
CCAJ is a MONEY MAKING CASH COW from these prices, grab some and don't worry about news, filings and naysayers...Momo will correct the PPS here, expect .005 soon enough!
PS FRIDAY'S CLOSE SOMEONE GRABBED $4550.00 OR 7.5 MILLION SHARES WHO DOES THIS??
2 Breakout Charts Indicators Screaming BUY!
http://stockcharts.com/h-sc/ui?s=CCAJ&p=D...8320513373
http://stockcharts.com/h-sc/ui?s=CCAJ&p=D...8271155421
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