Fansfrenzy Corporation (FFZY)

[DueDillinger]

Speaking of Coastal Holdings and Andrea Cortellazzi...

AQUAGOLD International, Inc., who recently announced a merger with Omninet Media.com, Inc. (PINKSHEETS: ONMC), issued the following letter to AQUAGOLD shareholders dated October 27th 2007 to clarify the following information regarding a relationship between AQUAGOLD and Coastal Holdings, Inc.

ATTN AQUAGOLD INTERNATIONAL SHAREHOLDERS

REF: POINT FORM CLARIFICATION

It has come to my attention that there is a significant amount of confusion surrounding the relationships between AQUAGOLD International, Inc., and Coastal Holdings Inc. The following points referenced with the appropriate documentation will clarify any ambiguities brought up by shareholders.

-- In September 2006, AQUAGOLD International began negotiations with Pro-Active (Andrea Cortellazi) out of Montreal for the acquisition of a public shell company. Pro-Active presented different shell companies to AQUAGOLD management. At no time was any documentation signed or any agreements taken between the two companies, whether it is Letter of Intent or merger agreement.

-- Both parties never came to an agreement on a potential merger.

-- On May 11 2007, Coastal holdings issued a press release announcing the cancellation of a merger that never occurred. Immediately following this announcement, Andrea Cortellazi issued an apology to AQUAGOLD International on behalf of Coastal Holdings for its misrepresentation of company
information.

http://www.tmcnet.com/usubmit/2007/10/29/3051870.htm

It's not the first time that Cortellazzi co-opted another company's press to pump his stock. Gotta wonder when the authorities are gonna act.