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CortDev, Inc. Addresses Shareholders' Questions about the Status of the Company and its Projects.


HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy


The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry;
 -- CortDev, Inc. (Pink Sheets:CDVJ) is pleased to announce that the Company is financially stable and is pursuing various opportunities which will generate revenues and profits in the coming years. CDVJ's major project, the re-development of the St. Hubert Hubert may refer to:
  • The European family name Hubert and first name.
  • As a family name it is explained as an abbreviation of Hubertz (Yiddish and Sorbian form of Huberowitz) meaning "Houber's son" or "(son) of Heber" or simply
 airport, has reached the final stages of negotiations with various parties. A complete update on the status of the Airport project will be provided by July July: see month.  2, 2004.

CDVJ would like to address the following shareholder concerns:

Coastal Holdings, Inc. shares

The required information has been submitted to the NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 and the approval is in process for the issuance of the shares. The shares will be delivered by August 1, 2004 for both distribution dates, April 9 and May 19, 2004. Further updates on the status of the share issuance may be obtained through the NASD.

Fingerprint fingerprint, an impression of the underside of the end of a finger or thumb, used for identification because the arrangement of ridges in any fingerprint is thought to be unique and permanent with each person (no two persons having the same prints have ever been  Technology

The Company is presently reviewing potential acquisition candidates in this field.

Beral Inc.

Mr. Andrew Racz, Director of Research, is currently assisting CDVJ's subsidiary Coastal Holdings, Inc. to strengthen its capital structure and raise the required funds to finance its acquisitions.

Office Address

CDVJ's office address is: 1321 Sherbrooke St. W, Suite F100, Montreal, Quebec H3G 1J4.

For further information please contact Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 at (973) 351-3868 or visit www.cort-dev.com.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

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. More information about potential factors that could affect the company's business and financial results may be obtained by contacting the company at by phone at 973-351-3868. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 29, 2004
Words:334
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