HOUSTON, Aug. 12, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ) is pleased to announce Market Advisors has initiated coverage of their company. Mr. Jeff Helleberg confirms a positive outlook on CSJJ based on his analysis of the Company's projected growth and fundamentals. Mr. Helleberg's price target of $0.05 indicates a strong short-term outlook. The complete analyst report will be posted on the Company website during the course of the day. Once posted, investors may view the analyst report by clicking on the attached link: http://www.coastalholdings.com/analysis.
Mr. Jeff Helleberg is the lead analyst of Market Advisors, a company that has been in business since the 1970s. During the late 1980s and through the 1990s, Mr. Helleberg was the editor and chief of the nationally syndicated Marketarian Newsletter. Under Mr. Helleberg's guidance, the Marketarian was rated numerous times by the Wall Street Journal, Hubert Financial Digest and the Timer Digest, among others, as one of the best market timers, top bond timers and having one of the best model portfolios.
CEO Andrea Cortellazzi stated, "We are very pleased that Market Advisors has issued a strong and positive opinion on our Company. We are excited that those in the investment community have begun to take notice and will be monitoring our growth. We share their excitement about the increasing demand and opportunities within the global technology and real estate development industries and the rising profits to be made by our company." According to Analyst Mr. Helleberg, "The strategic investments and acquisitions management makes will allow for dramatic increases in revenues, contain costs, and improve overall operations."
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.