Just over 2 1/2 months from the announcement (see below). If the pattern holds they have a couple more months before failure/abandonment by the current management. If the pattern changes who knows what is next. They have about 2 more months to sink or swim.
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Date : 08/18/2010 @ 8:53AM
Source : MarketWire
Stock : Coastal Capital Acquisition Corp. (CCAJ)
Coastal Capital Acquisition Corp. Announces Acquisition of Planet Impact, Inc.
Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced today that it has acquired 100% of the shares of Planet Impact, Inc. (www.planetimpactinc.com) through a share exchange agreement in which Mr. Michael Lambert (current CEO of Planet Impact Inc.) and Mr. Stephen Remondini, (current President of Planet Impact Inc.) have agreed to join the Board of Directors of the Company.
"We have been in discussions for 5 weeks with Mr. Remondini's team and believe that the 'green business model' will create significant value for the shareholders of CCAJ,"
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