Replies to post #1280 on Boreal Water Collection Inc. (fka BRWC)

[uwlungman]

Tanner. This looks pretty official IMO...
Coastal Holdings, Inc. Sets Record Date of Forward Stock Split
6/1/2006 10:34:24 AM
HOUSTON, TX, Jun 01, 2006 (MARKET WIRE via COMTEX) -- Coastal Holdings, Inc. (PINKSHEETS: CSJJ), today announced that it will provide notice by the end of the day to the NASDAQ Stock Market of the forward stock split. Stockholders of record on June 15, 2006 will be entitled to one hundred and fifty (150) shares of common stock for each share of common stock held on that date. The forward stock split will be effective on or about June 23, 2006, at which time the additional shares in certificate form will be mailed directly to shareholders without action on their part.

For more information please contact CEO Andrea Cortellazzi at [phone].

Forward-Looking Statements

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. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.


Coastal Holdings, Inc.
Andrea Cortellazzi
CEO
Ph# [phone]
E-mail: [e-mail]


SOURCE: Coastal Holdings, Inc.

mailto:[e-mail]


Copyright 2006 Market Wire, All rights reserved

[DueDillinger]

It's not likely that the fs will happen at all, Tanner. There has been no notice of the split on the Daily List--a required procedure. Furthermore, to effect the split, the company must authorize enough shares. The current authorization is still 'only' five billion. In round numbers, they need 600 billion.

Why has nobody considered the effect of splitting a stock that trades at one or two hundredths of a cent? The lowest price that can be quoted is .000001.

Bottom line? This is yet another Cortellazzian ploy to separate the naive and the foolish from their money.