Coastal Capital Acquisition Corp (CCAJ)

[Domerfan17]

With no revenue? Yea, pretty much....David, you've been around the block a few times and you know as well as I that a pink or otc company with no revenue source can either sell shares to pay for business operations/plans/promotion or enter into some sort of financing involving convertibles. There really is no other way, nothing is free and these scammy pinks notoriously use shares to pay for operations and then one day....surprise! The A/S is maxed and then raised and/or reverse split. You're a smart dude that likes to perform DD. Aren't you concerned as to the source of Berkowitz's claimed debt? Don't you want an accounting of what he has done for this pos to come to this debt holding situation. Aren't you concerned that he is chomping at the bit to recover this supposed debt. How else will that happen when he currently hold 60 million converted shares?