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No, I can't stand him. He is a disgrace to fine Irishmen everywhere. I'm pretty liberal....kind of outside the norm for law enforcement, but I've always run against the grain to an extent.
Same to you, Mikey....but I think I'm safe on the champagne purchase. It might run a little on a bogus pump as it has before, but this time you better run for cover and never look back. There will no doubt be a new group of stucks created out of this new pump that Berkowitz, et al are planning.
Apology accepted.
Well, it appears you are afraid of the answer you might get. Charlie, huh? As you have seen from Mikey's posts to me my name is Tim. I am an Investigator employed by the Rochester Police Department. I have never eaten dinner with Biff Berkowitz nor have I been to his house. Never called him and would never trust his info. so you might want to be careful with that.
Hey Lonnie,
When is your next call to your new buddy?
How about asking him if the 60 million shares covers all of the debt he holds or is there more looming. If so, will he convert more shares for any additional debt he claims exists. You might also want to ask how CCAJ incurred this debt to him as the company has done nothing for about three years. Where does this debt originate? Is it soley Cornell or is it tied to Amendia? These are legit questions and since you two are pals now he shouldn't have any issues with providing truthful answers to.
I recommend you highly!
You must be very "special" to get that kind of cooperation...good luck with it
You mean since the 10/29/09 LOI announcement or should that not be taken seriously. Well, it probably shouldn't be taken seriously, but I digress. You mean that's the very last LOI ever? But why? They've been so productive with them in the past. So on 10/29/09 an LOI is a great thing, but as of 11/16 they're no good. I get it.
There are alot of ways I could respond to that, but most of them...including this...will just end up getting deleted.
Who are they and what is the status of that debt? Where does Berkowitz's debt originate? How did he become a debt holder to a company that has done nothing? Do all of the "investors" have shares to dump into the float? How much dilution is coming?
Funding at the expense of further dilution? What funding sources and how will they recover their investment, convertibles? Next phone call ask your new buddy if the 60 million shares covers all of the debt he holds or is there more looming. If so, will he convert more shares for any additional debt he claims exists. You might also want to ask how CCAJ incurred this debt to him as the company has done nothing for about three years. Where does this debt originate? Is it soley Cornell or is it tied to Amendia? These are legit questions and since you two are pals now he shouldn't have any issues with providing truthful answers to them.
What will they do for revenue in order to acheive these lofty plans?
It has been indicated that the 60 million shares that were converted at .001 have not yet hit the market, therefore, the issue is very present and very real. When they do hit the market they will dilute the pps. Shouldn't that be a concern to you sheople or newbies or whatever you want to call yourselves. That is not the past, it is your future as a shareholder.
Not enough to remember or care. I lost a trivial amount way back before I knew to blame anyone other than myself. This is just one of the few scams I continued to follow once out because I was so surprised I didn't see it before I got in. It was BS when I owned it and remains BS today. Losing money on it has little to nothing to do with why I post here. Saving people is not the reason either. I value integrity. I do not like liars and con artists and that is what has run this pos since I have been aware of it.
Wasn't much of either in that phone call...
If he holds debt and is going to dilute in order to recover said debt, then he is not in the background by any means.
Money was put up for what? What did his money do for this pos? You mean the debt he holds via Amendia or from the Cornell payoff? He is running the same scam that Cornell runs as a debt holder. He got Cornell paid off so he could take their place. Convertible debt means nothing more than dilution. Next time ask him how much he put up as opposed to how much he has made in the past couple of years on a pos with no business and no revenue. If the latter isn't more, then he is lying to you.
What clarity? There are still 60 million shares that were converted at .001 to be sold into the market...that means dilution.
So the fact (if it's true, because Berkowitz isn't normally a big fan of the truth) that the 60 million shares converted at .001 haven't hit the market is somehow reassuring to you??? All that means is that they're on the way. Did he tell you he converted them to hold them indefinitely? Would that make sense to you? If you had 60 million free trading shares what would you do with them? Did you ask him what either pos company was doing for revenue to further this supposed venture? That might have been a quality question rather than swooning over the fact that he invited shareholders to dinner. Maybe you should have asked him how much he has made over the past couple years as an insider of a company with no legit business and no revenue. Guess it doesn't matter, you want to believe he isn't going to dump on you, so you'll eat up anything he throws your way. Very dangerous to put faith in any pinky insider. Ever hear of Richard Altomare? He had alot of swooning shareholders too...
Financing? Who is going to lend either pos company money other than a toxic financier....or maybe Biff Berkowitz, he seems to like to incur and/or hold debt against ccajunk.
Any idea how CCAJunk is planning on paying for said facility and/or the equipment?
Good luck to you too.
Numbers from anyone on a non-reporting pink are meaningless...
promo is promo and I am not wrong....could be third party, could be directly from insiders....still promo.
Please produce a post prior to 10/09 where I mentioned the 60 million converted free shares....
I think I've got a pretty good handle on it.
Two press releases in October...anybody get compensated for them? By what means?
Are the following profiles promotion?....read the disclaimers, how were they paid for?
http://www.streetinsider.com/Press+Releases/Coastal+Capital+Acquisition+Corp.+CEO+Provides+Corporate+Update/5033250.html
http://www.tradingmarkets.com/.site/news/Stock%20News/2610786/
The campaign to dump is young, the promo will follow.
How is that possible when the past is still here in the very present form of Berkowitz who holds paper over the company's head and is readying a share flooding spree to line his pockets. From his hand to yours and a new bagholder is born.
It's a pink, integrity, reputation and legitimacy are not a high priority.
The PR that was released is promotion....the next one will be promotion and so on. Then it will start getting "profiled" on the some of the same sites that the LOI pos does....it's coming.
1. Because that's what stinky pinky insiders do.
2. Why else would 60 million shares be converted at .001? Wallpaper?
3. How does a company with no revenue pay for promotion?
....and those are just the obvious reasons.
Oh, I'm sure it will.
And for some reason these people seem to think additional shares won't be issued. How do they think the promo campaign will be paid for since the pos has no money? How do they think the LOI pos is paying for their promo with no revenue? But, I'm sure they're right, the dilution won't get any worse than the 60 million.
That's probably your buddy Berkowitz selling the freebies....I know, I know, "In JB you trust..." Not a bright move in my opinion.
If you think they won't be issued, all 250 mill plus, then you're as gullible as you sound....and that doesn't answer my question.
I'm willing to bet it will be more along the lines of "poof" as in there goes your money.
Just a little more waiting, right?...like last year and the year before and the year before that, etc., etc.....nothing has changed except the names in the PRs and even some of those are the same. Promo, dump, repeat...great business plan, but typical for stinky pinks.
I wouldn't hold this garbage if you gave it to me...
And some just laugh all the way to the bank, while others hold the bag.
I wonder who's selling....
Cause it's a piece of crap that nobody outside of this message board gives two shits about?