Coastal Capital Acquisition Corp (CCAJ)

[iwon711]

also, ez2 acquired movie zip and all their movies and now its a streaming video site? what was the point of this acquisition?

MIAMI (Business Wire) -- EZ2 Companies, Inc. (OTCBB:EZTO) announced today that it closed the acquisition of certain assets of Moviezip.com for restricted shares in EZ2Companies, Inc. It announced plans to increase the number of titles in its movie library by up to 10,000 titles, a significant increase from the 3,000 titles in the company's current library. "Our membership fees will reflect the changing marketplace. With our low cost of doing business, we can gain a foothold by pricing competitively," stated Otto Bethlen, CEO of EZ2Companies, Inc.

EZ2movies.com and Moviezip.com currently provide members with entertainment services that include DVD usage in exchange for a monthly membership fee. Moviezip has built a technology portal that will allow expansion of other EZ2 Company offerings to members. "We feel that even a conservative success for our partnership will yield a significant number of new members, and since this is our first of many such partnerships, we can enter this market with solid footing and excellent prospects for growth," stated Bethlen.