$CCAJ READ "Undervalued to say the least" Fro

$CCAJ >> READ "Undervalued to say the least" >>

From Sept.2012 Quarterly

ASSETS $1,661,000
LIABILITY $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!