Coastal Holdings, Inc. announces reverse merger with Aqua Gold International Inc., is now completed.
Wednesday April 4, 10:24 am ET


HOUSTON, TX, April 4 /PRNewswire-FirstCall/ - Coastal Holdings, Inc. (PINKSHEETS: COHG - News) is proud to announce that the reverse merger process with Aqua Gold International, Inc. is now completed. Both parties are extremely satisfied with the conditions of the definitive reverse merger agreement. Aqua Gold International will now have officially acquired (within the next 30 working days) all of the outstanding common stocks of Coastal Holdings as agreed in the previously announced LOI.
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As stated in the January 5th Press Release, and after reviewing all of its strategic options, Coastal Holdings determined that a reverse merger with Aqua Gold International is the most effective way to enhance shareholder value. This decision was based on Aqua Gold's existing high quality asset and expandable revenue base, experienced management team and high-growth profile we have been able to appreciate through due diligence process.

Aqua Gold's natural spring water is already enjoyed by millions of consumers in United States and Canada under a private label. The bottled water is distributed in superstores such as: Wal-Mart, grocery stores, convenience stores and gas stations.

Aqua Gold is a Canadian Corporation involved in the marketing and distribution of premium natural spring water. "AQUA GOLD" brand manufacturer is recognized by: Wal-Mart, The Canadian Bottled Water Association (CBWA), The International Bottled Water Association (IBWA), and The National Sanitation Foundation as a superior quality producer. Aqua Gold's standards of excellence far surpass our competition. We recognize that the consumer is looking for safe, good tasting water and we strive to deliver exactly that. Aqua Gold is committed to producing the best quality, purest tasting natural spring water available on the market. We select our spring water sources according to very high internal standards. These standards are far more stringent than the US Food and Drug Administration (FDA's), the CBWA's and IBWA's.

For more information on Aqua Gold International, Inc. please contact Mr. Manuel Da Silva at (514) 886-9079 or visit our Corporate website at http://www.aquagoldinternational.com.

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.




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Source: Coastal Holdings, Inc

some more good news

imo, looks like a good Company

Coastal Holdings, Inc. Announces Aqua Gold International, Inc. Has Completed Two-Year Distribution Contract in Asia-Pacific Region
Monday April 16, 10:19 am ET


Company in Negotiations for New Five-Year Distribution Contract in Asia

http://biz.yahoo.com/iw/070416/0239161.html

Time will tell with this one, I actually hold a few thousand shares of this one and I am hopeful that it will move.

More Great News on this one

Coastal Holdings, Inc. Announces Aqua Gold International, Inc. Signs Distribution Contract With Beijing Partner for 15 Million Cases of Bottled Water
Wednesday April 18, 10:06 am ET


Company in Negotiations for Additional Distribution Contracts in Provinces of Machikou and Changping


HOUSTON, TX--(MARKET WIRE)--Apr 18, 2007 -- Coastal Holdings, Inc. (Other OTC:COHG.PK - News) today announced that Aqua Gold International, Inc. has signed a one-year distribution contract for the delivery of 15 million cases of its premium bottled water in Beijing, China. This represents Aqua Gold's largest order to date and constitutes only one part of the complete open and ongoing transaction. http://www.aquagoldinternational.com/asiancontract.html


The 15 million cases will be sold for a total value of $108.75 million CND. The Company anticipates realizing a net profit of approximately $25 million over the next 12 months.

Management stated: "We are overwhelmed by the scope of this order and we are immediately evaluating all measures to be taken to increase our production capabilities including: triple work shifts, sub-contracting and potential acquisitions. Furthermore, one 16-wheeler van container holds 2,000 cases (24 Bottles), which will require 7,500 containers to fulfill the order."

This unique opportunity, as we continue to negotiate orders for 2 other Chinese Provinces, is a result of our diligent efforts to establish a strong position in the Asian bottled water market; in particular 'capitalizing' on the lack of clean, potable water in China. Sales have increased, and will continue to increase to meet consumer demand. It is projected that China will be one if not the world's fastest growing markets over the next five years.

Finally, Coastal Holdings' and Aqua Gold's management are pleased to announce that the considerations and power subrogation with respect to their financial merger agreement will be finalized within the next 10 days. The Company will keep its current and new shareholders informed on a timely basis of any further significant developments in the merger process.

For more information on Aqua Gold International, Inc. please contact Mr. Manuel Da Silva at (514) 886-9079 or visit the Corporate website at http://www.aquagoldinternational.com.

For more information on Coastal Holdings, Inc. please call (514) 288-9699.

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.



Contact:
     Coastal Holdings, Inc.
     (514) 288-9699
      


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Source: Coastal Holdings, Inc.