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If so, Pitre should put an "OUT OF BUSINESS" sign on the website....or a FOR SALE sign!
https://coastalcapitalacquisitioncorp.com/
He was touted as a CEO who could get things done, but something happened in late '22 that says otherwise.
It’s back to Triple-Zero-One. Management gave up on the company. Looks like they don’t want to put another dime into it. Time to find another group that will actually do something with CCAJ.
Hi CoastalCapitalAcquisitionCorp-CCAJ,
Why haven't you filed the last Q1 2023 report (due May 15, 2023)?
Why have you been silent since May 15, 2023?
Why haven't you updated Shareholders about whose in control of CCAJ?
Why haven't you updated Shareholders on the status of 3 acquisition candidates?
What haven't you updated Shareholders on the status of any construction projects?
The silence is making Shareholders think management has abandoned CCAJ. What is happening behind the silence?
I certainly didn't think after all of the work these guys put in I would be looking at prices I paid years ago for this.
Is this thing going away where other than back to $0.0001?
Is this thing going away where other than back to $0.0001?
bring back jbeeeeeee...#maga #motcga
We need news/updates from the company. There's nothing from their website and twitter
Now just need some volume to buy up the unrestricted shares (619,687,152) and move the price back up. 5M/day x 120 days would do the trick!
Most of the O/S are RESTRICTED....Game On....
FROM OTCMARKETS:
Outstanding Shares: 3,399,739,050
Restricted: 2,780,051,898
Unrestricted: 619,687,152
🚨 $CCAJ ouch GAME OVER
💰 0,00106
📈Outstanding Shares Updated:
🔴Old: 1.049.739.050 (2022-11-24)
🟢New: 3.399.739.050 (2023-07-18)
Difference: +223.8652% (+2.350.000.000)
Graph: stock-scan.io/OSASGraph/CCAJ
AS: 8.350.000.000
Updated: 2023-07-18 00:18:57
Find more on https://www.stock-scan.io
Details: CCAJ (http://stock-scan.io/symbol/CCAJ) | Historical Data (http://www.stock-scan.io/oldOSASData/CCAJ) | Twitter Search (https://twitter.com/search?q=$CCAJ&src=typed_query)
Did Pitre disappear or did he just bury his head in the sand regarding the filing that still hasn't been filed? Something fishy going on after all their efforts to bring CCAJ current just to let it go dormant again!
265 million shares rotflmao,if true which I highly doubt you're correct fools are born everyday.
I find it strange the you would put $50k into this shell if the crook would take back control. My group will sell 265M shares if CCAJ is that dumb to give him control. Fools born every second I guess!
these pos stinky pinky exist for ceo and his loansharks to make millions then move on to next shell after 2 reverse splits or so
get back this pos and ill invest 50k
I have and encourage others to do the same and make their own conclusions. Could this go straigtg to the depths of hell tomorrow? Sure. I'm just not gonna take a backwater internet message board as the gospel.
How come you haven't mentioned said disclosures of ucix? It seems pertinent to this whole discussion. Why would said group bother with these filings when they supposedly borked ucix and moved onto ccaj? That's been the line by bashers the whole time that ucix was wrecked and then ccaj was next in line to get screwed. Except now that ucix is getting some breath pushed into it a bit, doesn't really align with the pitre crew messing up successive lily pads does it?
What was that date you touted about as the day ccaj is stop signed? June 20th was it?
Umbra Companies, Inc. (UCI) is an investment holding company that deploys capital and resources globally. The Company focuses on investing in growth-oriented companies in the science and technology sectors. UCI invests in both public and private companies during the early stages of development as well as growth stages of companies with a synergistic business model of UCI subsidiaries.
Have you read the disclisures for UCIX? I think anyone that owns shares in CCAJ should go read them in the context of what the same group disclosed here.
If last year is any gauge of what to expect, they had it inked(short of back dating) two months prior to its release in July. One thing to consider is Ucix is being brought up also. CCAJ has shown a propensity to keep info close to the vest.
I do wish the process was more transparent, though I understand transparency at the wrong time or of an unwise amount could possibly lead to someone mounting their own little p&d.
Either way, we definitely are due up something of some weight if this is to be something more.
Anyone got a clue when Pitre will file the CCAJ Q1 report? Several weeks overdue and Q2 is almost over!
Do your research and dig deep. Pitre is an officer of multiple 'shell' companies with no revenues, no substantiated business, and even the businesses don't have physical addresses. He's been associated with over eleven (11) brokerage firms since 1998, most of which he was employed less than a year. He has no executive track record and it seems as though this company is yet another shell of a shell. Research his associates as well, it's quite the rabbit hole.
Can someone point me to the filing for a change in control by any Ceo of this company that is required by Otcmarkets to stay listed on the pinks?Do we know if they paid the $4700 or are they going with the stop sign around 6/20?
In addition, to maintain Limited information status, a company must subscribe to the OTC Disclosure & News Service with an annual fee of $4,200 and a one-time set-up fee of $500
According to Pitre's bio CCAJ should be on its way to profitability anytime now. What is he doing wrong?
From OTC Markets:
William Pitre has been a member of the Million Dollar Round Table (MDRT), which is made up of top professionals in the insurance and financial sectors. The goal of the MDRT is to provide clients with products and services that meet their needs in an ethical manner. This network of financial professionals has representatives in more than 70 countries and territories throughout the world. Therefore, being named to this group means that Pitre has the skills and personal touch to lead CCAJ to a profitable future without sacrificing its core values.
Perhaps the CCAJ CEO (Pitre) should step down and let someone else run this company. Having failed to close any acquisitions and potentially having failed to gain company control (pending confirmation) is not a good way to run a company that touts "we have a remarkable set of expertise" on their website.
https://coastalcapitalacquisitioncorp.com/
" I posted here because I reached out to the company via email and Twitter to no avail."
OK. Where is the Tweet? I follow $ccaj. I don't recall it.
Did you try having your counsel send something like a letter of intent to bring suite unless etc, etc is met?Lawyers tend to get a better response than an internet chat poster or tweet sender Just saying.....
-----------
"However when they reached out to have certain people vote their shares for the reverse they had no problem talking .That in itself is interesting."
The reverse was not what was covered in that call. Do you honestly think they need votes if they wanted to get that passed? The control block controls this ship absolutely, you should know this since you were ceo and had that mentioned control block of shares. Why would they waste their time calling people up to something they obviously don't want? Every common share could gang up on that control block of preffered shares and it wouldn't matter. That you are implying otherwise is well, comical.
---------------------
"We shall see whats up if and or when the delinquent filing happens"
Excuse me....isn't this whole little discussion predicated on the Q1 being held up by a control issue? Shouldn't there be no question as to it being held up by said supposed control issue if it's unresolved? I guess this just swings back around into how the 2022 annual cleared in light of the aforementioned supposed control issue but the Q1 is jammed because of it.
How did the 2022 annual clear in spite of this control issue? Logically it would block both, right?
----------
I posted here because I reached out to the company via email and Twitter to no avail. However when they reached out to have certain people vote their shares for the reverse they had no problem talking .That in itself is interesting.We shall see whats up if and or when the delinquent filing happens
You rolled in here around the time this deal got done and only post on this board,no problem. But why does the company include the control chatter if there is no problem?Why has finra not approved the corporate action requested?Why has the company gone delinquent on unaudited financials ?The clock to a stop sign is ticking,if a stop sign happens the company has chosen to take the loss on the $300,000,rather the negotiate a solution ..
Seems like CCAJ has un-engaged again. They definitely aren't communicating in a timely fashion through OTC Markets, Twitter, or the CCAJ website (which has outdated info).
They tried communicating actively via Twitter on March 31, 2023, then halted again except for 1 recent post on IHUB (if that was actually CCAJ Mgmt posting).
FROM TWITTER:
Coastal Capital Acquisition Corporation $CCAJ
@ccajstock
Mar 31
If you have any questions please send your request to shareholders@ccajstock.com, we will answer them to the best of our ability via the Investor Relations Page on our website.
Thank you,
Management
Coastal Capital Acquisition Corporation $CCAJ
@ccajstock
Mar 31
We at CCAJ will continue to utilize this method and form of communication to insure we stay within the Guidelines to make all information available to all shareholders at the same time.
Coastal Capital Acquisition Corporation $CCAJ
@ccajstock
Mar 31
We have just received a call from a shareholder that posed some questions and made us aware of these concerns and these questions and answers have been posted via our Investor Relations Page on our website. https://coastalcapitalacquisitioncorp.com/investor-relations/
Coastal Capital Acquisition Corporation $CCAJ
@ccajstock
Mar 31
We would like to inform all our valued shareholders that we have not been contacted for any information that we are permitted to respond to that we have not responded to.
Coastal Capital Acquisition Corporation $CCAJ
@ccajstock
Mar 31
Happy Friday $CCAJ Nation!
We have recently received notification that shareholders have been requesting information and our IR department has not been responsive.
CCAC has engaged in numerous development projects including but not limited to:
~30 acres of luxury homes in Alabama •
~32 acres of luxury homes in Nevada •
~10 story high rise in Nevada
Well the threat of a R/S kind of fits that impressive list. I still can't fathom the decision on a R/S fixing the problem specially now we find out that wouldn't fix the control issue anyway. Seems more, and more like the old days of just getting rid shareholders, and starting over.
After all the hoopla we got a website for our viewing pleasure. What more could we possibly want from the new management? Isn't that enough?
https://coastalcapitalacquisitioncorp.com/
Just a little cynical humor!
After all of the hoopla a year ago, of time, money, and effort to keep this a viable trading stock as well as an operating company, now it looks like that is going to have to happen again just to fix control, or ownership issues just to remain that company.
Just an observation.
Will anything ever become of this company other than online chatter?
And keeps calling Dinorcia, Dinarcia instead. I seem to remember another poster that consistently does the same thing....... lol
If all is true. Why did he not report this scam immediately to the SEC or the counsel for CCAJ?
Two scenarios detailed below....
1...... you had an agreement with Dinorcia that he sell it and then return the 100k to you, by default you gave him uncontested ability to legimately sell it. That he stiffed you after the sell doesn't invalidate the sell he made. It just means you've got grounds to sue Dinorcia.
2....you had a structured note, hence he was in default for years. Apprently if structured you didn't enforce the provisions of that note and amended to the above verbal agreement.
Which is it, 1 or 2? What were the terms of the note?
Another fact is Dinarcia never paid for control,nobody can produce a satisfaction with my name on it.The second fact is he sold control he knew he didn't have for $300,000 and kept 150 million shares he didn't pay for.Neither the 150 million shares Dinarcia kept or the 100 million he sold to the new guys has been freed up and can't be because there is no proof of payment to me.
I have reached out to Dinarcia since I found out Dinarcia sold it,no reply back.I reached out to the company not wanting to cause an issue with the stock by disclosing the situation to the sec,finra and otcmarkets in a lawsuit,but so far no reply back.Im kinda surprised I've not heard back being it seems these guys had an issue like this with an acquisition just prior to them buying Coastal and that one was a total loss to them not long after buying it.
If your analysis has validity, then the issuance of new shares was not legit. We don't have to worry about a R/S. Where are the monies these guys raised after thinking they had control? Is X-CFO Dan going to jail? Who really owns/controls the company? Whose name is on the title of the Elmhurst house? If they started the process of building on the 3 properties they control, what happens to all the plans given to the building dept for those sites?
The fact is Finra did not approve the rs,why?The company said Finra asked for more information
from the company what couldn't they give to Finra? Another fact is Dinarcia did not pay for the control block,so there is no satisfaction for the note that bought the control block.The company thought they took control over a year ago,so why is it an excuse to not file on time now?Why did Dinarcia pull Earth Surfaces out right away after he knew he was gonna not pay the note?Finra checks everything including control as part of thier dd prior to approving corporate actions another fact.These are facts that add up to the reason why a corporate action was denied imo.Yall can have your own opinion lol,but mine is based on fact not just observations..
It's definitely a tough task to get one of these pinks off the ground. I do wish there was more transparency though sadly I full well know that if too much info is let loose, unscrupulous traders will P&D it gleefully. That's the wild west of the otc for you.
For the late filing notification, I think you are right that it pre-populates based on the 5 day rule. OTC Markets did change the CCAJ status to Limited Information shortly after the 5th day so now the question is how long until Current Information comes back. This will be the 3rd time in recent months.
As for the posting, I was also wondering if that was the company or someone else.
Needless to say, this week has been another interesting saga in the CCAJ (ad)venture. We'll see where it lands and whether Pitre and Company can make something of CCAJ after all these years.
Look at other late notifications. Every late notification form adds five days to the due date and gives said date as the anticipated date. I could be wrong but it's just every one of those I've ever seen is always anticipated five days post original due date even if they end up being months or weeks later. My two cents is the anticipated date might be filled out automatically in the form since it's always the same. It looks like there would be variation in the anticipated date if a late filer was actually picking a date themselves. Just my two cents of course. If you can find one that doesn't fit this five day rule, I'm all ears.
I'm very skeptical that ccaj did. It doesn't make sense that they would engage in that way here and allow the possibility of it looking like they are conversing with individual traders/investors. Look at the creation date of the account. It was a month prior with just that one post made. Most people create because they want to post at that moment not a month later concerning an event in the future. I could very well put my account name down as Elon musk, President Joe Biden, Doctor Doom, or Santa Claus.
Good point. Also, seems like the biggest question now is why hasn't CCAJ filed yet for the most recent quarter? They said they would file by March 20th.
The second biggest question is why did CCAJ reach out to Jaybee on IHUB? That is an interesting way to communicate about an issue brought up by an IHUB poster.
Another observation. If there is a control issue brought up by Finra DD and this control issue is noted in the recent late notification, why is the late notification for 3rd quarter 2022 exactly the same as the recent one? Text excerpts are posted below. Feel free to verify.
--------------------------------------
For Period Ended: 9/30/2022
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
Coastal Capital Acquisition Corporation (the “Company”) has been unable to complete its quarterly filing for
the quarter ended September 30, 2022 within the prescribed time because of delays in completing the
preparation of its financial statements and its management discussion and analysis. Such delays are primarily
due to management’s dedication of such management's time to business matters and the recent change in
Company control. This has taken a significant amount of management's time away from the preparation of the
quarterly filing for the quarter ended September 30, 2022 and delayed the preparation of the unaudited
financial statements for the quarter ended September 30, 2022
------------------------
For Period Ended: 3/31/2023
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
Coastal Capital Acquisition Corporation (the “Company”) has been unable to complete its quarterly filing for
the quarter ended March 31, 2023 within the prescribed time because of delays in completing the
preparation of its financial statements and its management discussion and analysis. Such delays are primarily
due to management’s dedication of such management's time to business matters and the recent change in
Company control. This has taken a significant amount of management's time away from the preparation of the
quarterly filing for the quarter ended March 31, 2023 and delayed the preparation of the unaudited financial
statements for the quarter ended March 31, 2023.
Where in the notice does it say that? I see mention of a recent change of control. I took that to mean the change to ERAA at the front end of 2022. I could be wrong obviously. Where is the verbage to warrant that conclusion in the late notice?
How did you get screwed?Did you put up any capital?No.So do tell how you got screwed?
It should be in the filings.But the fact remains the company disclosed there is a control issue in its late filing notice,its obvious from the filings who had rightful and legitimate control prior to this control issue
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