Replies to post #88711 on Coastal Capital Acquisition Corp (CCAJ)

[toughasnails]

I am embarrassed to say that it took Mike, Frank, Wayne and myself way too long to figure out what Jeff was all about. We all thought he was actually trying to make something successfull out of this,and I believe that was his original intent. He always said the shares he held would be used to entice a company to reverse merge into the shell, and thus allow themselves to have funding, not just creating a trail to convert it into his personal piggybank. I admit, if I am guilty of anything, it was being a bad judge of character. We all believed in him. When we went to Florida for a shareholders meeting, he made Mike and Charlie out to be the crazy ones, and we believed him. We have all since learned better. This so reminds me of SPNG, where 2 billion shares were dumped into the pump. 7 People charged, 4 in jail, 1-house arrest who also believed they were honest, and the principals expected to be given 10-20 years and awaitng sentencing. Would also be intereting to find out how the pumpers were paid and by whom