CortDev, Inc. Extends Date of CSJJ Share Distribution.Business Editors HOUSTON--(BUSINESS WIRE)--April 13, 2004 Due to the high interest in receiving shares of Coastal Holdings, Inc. (CSJJ: Pink Sheets), Management has decided to extend the date of eligibility for investors to receive shares of CSJJ. The date of record has been changed to the close of business on May 19, 2004 from the previously announced date of April 9, 2004. Please be aware that all CDVJ investors will receive CSJJ shares based on the settled CDVJ shares in their account(s) on May 19. CDVJ shareholders will receive 1 restricted share of CSJJ common stock for every 100 shares of CDVJ common stock owned. As per industry norms, restricted shares will become free-trading after one year. There will be no change to CDVJ shareholders' positions as a result of this distribution. For further information please contact Investor Relations Investor relations The process by which the corporation communicates with its investors. at 973-351-3868. 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 Inferred from circumstances; known indirectly. In its legal application, the term implied is used in contrast with express, where the intention regarding the subject matter is explicitly and directly indicated. by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility Volatility 1. A statistical measure of the tendency of a market or security to rise or fall sharply within a period of time. 2. A variable in option pricing formulas that denotes the extent to which the return of the underlying asset will fluctuate between now and the 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. |
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