Fluff translation...
Coastal Holdings, Inc. shares
The required information has been submitted to the NASD and the approval is in process for the issuance of the shares. The shares will be delivered by August 1, 2004 for both distribution dates, April 9 and May 19, 2004. Further updates on the status of the share issuance may be obtained through the NASD.
Translation: The company and transfer agent apparently screwed up the procedures and then lied about earlier dates for the dividend distribution.
Fingerprint Technology
The Company is presently reviewing potential acquisition candidates in this field.
Translation: The company apparently lied about Digitalus.
Beral Inc.
Mr. Andrew Racz, Director of Research, is currently assisting CDVJ's subsidiary Coastal Holdings, Inc. to strengthen its capital structure and raise the required funds to finance its acquisitions.
Translation: Equity (toxic) financing and dilution is inevitable for CSJJ.
Office Address
CDVJ's office address is: 1321 Sherbrooke St. W, Suite F100, Montreal, Quebec H3G 1J4.
Translation: Previous announcement about leasing space in prestigious downtown tower was puffery.
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements
Translation: Standard safe harbour for forward-looking statements enable non-reporting pink sheet trash to publish press releases about events that never happen.
Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Translation: BOHICA!!!!!
