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Gold/Mining/Energy : coastal caribbean (cco@)

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From: MarianneC4/25/2007 8:29:05 PM
   of 4686
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

The following excerpts are from Form 10-K filed for the fiscal year ended December 31, 2006.

COMMON STOCK HOLDERS:
The approximate number of record holders of the Company's common stock at March 20, 2007 was 8,015.
The 2006 Common stock shares outstanding (weighted average) = 44,212

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS:
As of December 31, 2006, Mr. Robert J. Angerer, Sr. owned 2,067,487 shares, or 4.47%, of our common stock and his son, Mr. Robert J. Angerer, Jr., beneficially owned 2,256,914 shares, or 4.88%, of our common stock. Mr. Angerer, Sr. disclaims beneficial ownership of any shares owned by his son.

Amount and Nature of Beneficial Ownership

Name: P Ware
% of Class: 1.09
Options: 300,000
Shares Held: 204,121

Name: R Angerer, Sr
% of Class:4.58
Options: 50,000
Shares Held: 2,067,587

Name: H Haughton
% of Class: 0.21
Options: 50,000
Shares Held: 50,000

Name: A Randazzo
% of Class: 0.32
Options: 50,000
Shares Held: 100,000

Name: Matthew Canon
% of Class: 0.33
Options: 50,000
Shares Held: 105,300

Name: Dir and exec officers as a group (a total of 5 persons)
% of Class: 6.55
Options: 500,000
Shares Held: 2,527,008

DO THE ABOVE STATISTICS APPEAR PROBLEMATIC?
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