OracleTrading

[Bull Trader]

RE: ONMC

Posted by: Blue_Horse_Shoe
In reply to: penny_ta who wrote msg# 5489
Date:10/26/2007 10:04:20 AM
Post #of 5492

RE: ONMC - UMMM. How do you factor this then buddy? It seems Aquablue was the one being scammed by COHG.

Aqua Gold International Inc. confirms contractual validity with WBDB and legal action against Horace Sirois president and CEO of WBDB.

Legal action will be taken against WBDB for breach and Misrepresentation of China Water Distribution Contract to Coastal Holdings Inc.

May 11, 2007 / In response to Coastal Holdings Inc. press release of today, Aqua Gold International Inc. announces that it will be taking legal action against the WBDB for its misrepresentation of contractual facts. Aqua Gold International will take all necessary legal action to enforce the validity of its subsidiary company’s contractual agreement with WBDB. Aqua Gold International’s subsidiary company has exclusive distribution rights for the fulfillment of WBDB’s contract for 65 millions cases of water and has ownership of 50% of all profits from the fulfilment of this contract. Any alleged agreements pertaining to this specific contract of 65 millions cases water are without legal effect.
Aqua gold International Inc.

COHG was a bunch of scum bags. READ HERE:http://investorshub.advfn.com/boards/read_msg.asp?message_id=24015555
They tried to rip off Aquagold's contracts.
AND Aquagold would have to actually HAVE contracts
in order to go to court over them!!!


ALL IMO. But I just think to give aquablue a fair shot - they initiated legal action against COHG - which kind of messes up your THEORY.IMO. But its all speculation bro. Time will tell. Calling it a SCAM is WAAAY premature. Seen too many stocks called that that ended up being monster runners. But seen the other side too. You know that. :D


Posted by: Blue_Horse_Shoe
In reply to: JJdivini who wrote msg# 3348 Date:10/25/2007 4:58:20 PM
Post #of 3844

Read this on Aquagold -
This is how they ALMOST got screwed by a scam company called COHG. The validity of their contracts were never in dispute as far as I know. Several companies were trying to court them to get a hold of their contracts and business. Seems like they finally found a good match in ONMC. I'm sure they did plenty of Due Diligence before signing THIS DEAL! READ THIS:

Posted by: Blue_Horse_Shoe
In reply to: None Date:5/24/2007 1:35:19 PM
Post #of 2315

Posted by: Lexit
In reply to: None Date:5/24/2007 1:00:16 PM
Post #of 10959

COHG rises from the ashes as "Canadian Blue Gold Inc."

The Aqua Gold boys must be sooooo pissed...

They merged with Cortelazzi (nothing like inviting the wolf into the barn)made all the moves to get the contract in the Coastal Holding name (because they thought it was theirs), did all the process and infrastucture work, sent the first shipment, thought they had got rid of the dead weight (Cortellazzi,Sirois)...

Then Cortellazzi lowered the boom by cancelling the merger and keeping the contracts (I guess the Chinese don't care who they deal with and don't mind dealing with a Company in default standing).

The Aqua Gold boys have been completely out maneovered and bamboozled out of their Chinese water contract by the Cortelazzi crew...and by the time they get that law suit going...it will be all over years later.

Coastal Holdings, Inc. Announces Filing of Name Change to "Canadian Blue Gold Inc." and Imminent Signing of New Distribution Contract in China

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-24-2007/0004595560&....

HOUSTON, May 24 /PRNewswire-FirstCall/ - Coastal Holdings, Inc. (PINKSHEETS: COHG - News) today announced that management is filing all the necessary documentation to change the Company's name to "Canadian Blue Gold Inc." The new corporate name will better reflect the Company's current operations and strategic direction, and will unify the group and involved parties under one main banner. Canadian Blue Gold's goal is to become one of the best-selling brands of bottled water in the Asia-Pacific region. CEO Mr. Horace Sirois stated: "The name was previously suggested by one of our Chinese Partners, and we are proud that today this vision has been realized."

Coastal Holdings also announced that CEO Mr. Sirois departed early this morning for China to sign a landmark water distribution contract under the new Company banner. The agreement will be structured to allow the Chinese Group to become partners in the new Venture and partnership agreements will be signed to this effect.

As Due Dilinger would say: ya gotta be quick

Some people seem to be selling off COHG today, I wonder why....

http://investorshub.advfn.com/boards/read_msg.asp?message_id=19926496