Yeah, but what "new aquisition" are you talking about? Can you name it? Have you ever contacted the people at any of the previously touted "aquisitions" and asked what went wrong? I can tell you...they were never aquired, as in never were paid. I have followed this crap since the days of the St. Hubert Airport scam. Claims of paying Transport Canada $200,000.00 for soil sampling and environmental studies were flatly denied by three different offices I contacted. The airport manager confirmed to me that during the entire time AC was selling stock in his airport project he never made any attempt to secure property at the airport. He did have one parcel surveyed, but the parcel was roughly 1/2 the size of the project he was advertising and he never surveyed more.
Have you followed the littany of people that have come and gone in various PR's? One of my favorites was a Public Relations babe he hired to handle press releases and investor relations. She quit promptly when she could not verify any of the things she was being asked to craft into press releases. (People with integrity don't jibe with this operation.)
How about the fingerprint scanner that turned out to be a pirated picture from a defunked Italian company? How about the "Luxury" condoes in Virginia? You know, the deal involving the roofing company? What came of that? What about the Paris land aquisition and the promised development there? Are you familiar with that one? Oh, and let's not forget the oil wells he was going to close on...and never coughed up the money. Any word on that?
One of my favorites..."Efoora" or something like that. Some kind of medical supply company aquisition that never happened. The thing I liked about that one was when I discovered Efoora, a supplier of medical supplies, was reprimanded by health inspectors for the less-than-sanitary condition of their facilities...LOL. I know there are more, but I just can't recall them all. Can someone out there help me out?
Now then...why don't you ask the company to provide you with the names of these so-called interested Israeli firms? You won't get it. Oh, and be forewarned that when a PR does come out, it will mention that Coastal Holdings is buying "a stake" in XYZ. You can put one Kona coffee bean in a burlap sack full of cheap beans and legally call it a "Kona Blend". So what is "a stake" in something? Live and learn...you will be one of the detractors soon enough. Oh, you'll go through withdrawals, denial, you'll be "averaging down", talking about "naked shorting","Bashers", "crooked MM's" etc. & etc. But sooner or later you will come around.
LOL
jc
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