Replies to post #87197 on Coastal Capital Acquisition Corp (CCAJ)

[BigBake1]

According to the filing over $406,456 in debt was owed to Amendia.

I doubt many peple actually read the filings on August 9th but if you go the very last page the share issuance was properly disclosed:

On July 25, 2012, the Company received notification from the holders of the convertible notes requesting that the notes and a portion of the accrued interest be converted into common stock of The Company in accordance with the provisions of the notes. Based on the conversion rates of the note, 385,245,250 shares of common stock will be issued and approximately $40,000 of
accrued interest will remain outstanding. The debt has not been converted as of the date of this report.