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Ez2 Companies Announces Special Shareholders Meeting


Last Update: 10:39 AM ET Oct 22, 2007Print E-mail Subscribe to RSS Disable Live Quotes

WEST PALM BEACH, FL, Oct 22, 2007 (MARKET WIRE via COMTEX) -- Ez2 Companies (PINKSHEETS: EZTO)
Ez2 Companies announced today that it will hold a Special Meeting of Shareholders to vote on certain corporate actions outlined below. This meeting will be held in Savannah, Georgia at the Hilton Hotel Desoto at 12 p.m. on November 16, 2007. A link to the information for the meeting site is set forth below.
http://www1.hilton.com/en_US/hi/hotel/SAVDHHF-Hilton-Savannah-DeSoto-Georgia/index.do
Ez2 Companies President Jeff Berkowitz said, "All shareholders are invited to attend and vote on the corporate actions described below. Depending upon whether shares of Ez2 are held individually or in street name, shareholders of record on November 1, 2007 will receive formal notice of the meeting in the mail either directly or through your brokers. At this time, however, we felt that giving our shareholders an 'informal' notice by way of this press release was warranted."
Mr. Berkowitz also observed: "By bringing the proposals set forth below to a shareholder vote, our new management team and I are working together to restore and build shareholder value for the long term. Transmission of formal notices to the shareholders is quite expensive. The significant issues that will be discussed at the meeting are outlined below, but the formal meeting notice will discuss these issues in more detail. If there are any changes or additions to the topics set forth below, they will be included in the formal notice and posted on the corporate website. As I mentioned in Ez2's last press release, we are not seeking to effect a reverse stock split as mentioned. If we were to do so it would be up for a vote at this meeting. We are confident that the proposals are positive and we hope they will be enthusiastically embraced by our shareholders."
Ez2 Special Shareholder Meeting Topics:
(a) Ratification of Jeff Berkowitz as the Company's sole director.
(b) Acceptance of Jeff Berkowitz's resignation as president and director and election of new slate of directors to serve until the next annual meeting of Ez2 Companies. The list of directors for consideration by the shareholders will be set forth in the formal meeting notice.
(c) Approve the filing of amended articles in Nevada changing the name of the Company to Coastal Capital Acquisition Corp.
(d) Approve the change of domicile of Ez2 Companies and its subsidiaries to Georgia and approve new Georgia articles of incorporation.
(e) Approve new bylaws.
(f) Approve a resolution to give the board of directors the authority to enact a buy back of the Company's common stock at the board of directors discretion.
Ez2 Companies, Inc. is a holding and consulting company. The Company owns the following corporations: Ez2Stream, Ez2Broadcast, Ez2Ask, Ez2Mortgage, Ez2Music, Ez2Realestate, Ez2Date, Ez2Escrow, Ez2Speak and Ez2Movies. The Company, through its wholly owned subsidiaries, is actively seeking merger, acquisition and partnership opportunities.
Forward-Looking Statements