Coastal Capital Acquisition Corporation Subsidiary Inks a Consulting Deal With South Carolina Trophy White Tails
29 Abril 2010 - 10:23AM
Marketwired
Coastal Capital Acquisition Corp. (PINKSHEETS: CCAJ) announced
today its wholly owned subsidiary, Coastal Capital Consulting Inc.,
signed a consulting agreement with South Carolina Trophy White
Tails, www.southcarolinatrophywhitetails.com. SCTWT owns and
operates a full service hunting lodge situated on 30 acres in
Lodge, South Carolina and has over 10,000 acres under management
for hunting deer, wild boar and turkey. Hunters are treated to
three great southern style home cooked meals per day, excellent
sleeping accommodations and some of the friendliest guides whose
job it is to bring you to and from your hunting stands. The state
of South Carolina has the longest running deer hunting season in
the country at five months, as well as the largest bag limit which
is as many as two deer per day. Those that enjoy wild boar hunts
can take advantage of the huge wild boar population and can hunt
year round with no bag limits. There is also a spring turkey season
for those so inclined to hunt turkey with a bag limit of 2 per day.
Coastal Capital CEO Jeff Berkowitz said, "I've hunted with Mark
his two sons and South Carolina Trophy White Tails for a couple of
years and I saw the dedication, experience and results first hand.
Needless to say I was impressed by this family run business which
exudes southern hospitality along with the ability to manage of up
to 15 hunters per day. From a business standpoint the long hunting
seasons, large daily bag limits and great weather create a catalyst
for growth without the need for incurring huge corporate debt. Thus
the reason we feel good about advising SCTWT in its quest to expand
and to become a public company.
South Carolina Trophy White Tails CEO Mark Petrantoni Sr. said,
"I've known JB for a couple of years now. He and I discussed taking
my company public the very first day we met, however the timing was
not right back then.The economy has bounced back since and with
that bounce comes demand from hunters that now have disposable
income to enjoy the sport of hunting. Through this process of
taking my company public we are looking to expand our operations by
acquiring leases with new landowners as well as the promotion of
our hunting lodge through advertising in magazines and televised
hunting shows. I think hunters, potential hunters and the investing
public alike will enjoy being able to see our operations in action.
We expect to announce the dates, venue and channel of our first
hunting show next week.
Forward-Looking Statements: This report contains forward-looking
statements, including the use of the words "expect," "anticipate,"
"estimate," "project," "forecast," "outlook," "target,"
"objective," "plan," "goal," "pursue," "on track," and similar
expressions. These forward-looking statements involve risks and
uncertainties. Factors that could cause actual results to differ
materially from those predicted in any such forward-looking
statements include our ability to continue to lower our costs, our
timely development and customers' acceptance of our products,
including acceptance by key customers, pricing pressures, rapid
technological changes in the industry, increased competition, our
ability to attract and retain qualified personnel, our ability to
identify and successfully consummate future acquisitions; adverse
changes in customer order patterns, adverse changes in general
economic conditions in the U.S and internationally, risks
associated with foreign operations and political and economic
uncertainties associated with current world events.
Contact: Investor Relations Richard Kravets (215) 485-8239
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