Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (461)	4/6/2006 7:44:40 PM
From: SG	Respond to of 3862

Well...my warrants (CBASW) did jump a penny, LOL. SG

To: Glenn Petersen who wrote (461)	4/6/2006 7:56:31 PM
From: Carl Worth	Read Replies (1) \| Respond to of 3862

sounds like a pretty good deal, especially considering the CEO is willing to buy 74K shares at 6.75 i have a small position, not sure if i want to add more, but i will definitely keep what i have...maybe i will buy a few warrants now that a deal has been announced i picked up some AQR today at 5.65, seems like a good chance it will take off when a deal is announced, given the wozniak name associated with it

To: Glenn Petersen who wrote (461)	10/3/2006 12:01:11 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 3862

CBAS: CBASW on sale but... do they hint on trouble ahead? See: biz.yahoo.com Press Release Source: Coastal Bancshares Acquisition Corp. Coastal Bancshares Acquisition Corp. Provides Additional Information Regarding Special Meeting Related to Merger With Intercontinental Monday September 25, 12:49 pm ET HOUSTON, Sept. 25 /PRNewswire-FirstCall/ -- Coastal Bancshares Acquisition Corp. (OTC Bulletin Board: CBAS - News, CBASU - News, CBASW - News; "Coastal" or the "Company"), a public company organized to complete a business combination with a commercial bank or bank holding company, provides some additional information with respect to its upcoming special meeting of stockholders related to its merger with Intercontinental National Bank Shares Corporation ("Intercontinental"). As previously announced, Coastal and Intercontinental have entered into a definitive merger agreement pursuant to which, and subject to the approval of Coastal's stockholders, Coastal will acquire Intercontinental in an all cash transaction. * The record date for the stockholders' meeting to vote on the merger and related resolutions is the close of business on September 27, 2006, and the stockholder meeting date is October 26, 2006. * Coastal's cash liquidation value per share as of August 31, 2006 was approximately $5.46 per share. * As of September 25th, current trading prices of Coastal common stock were below the estimated liquidation value per share. * Coastal warrant holders are not entitled to vote in the special meeting. * If holders of 20% or more of Coastal's common stock vote against the merger with Intercontinental then Coastal will be required to liquidate. Coastal's warrants are not entitled to participate in the proceeds from this liquidation. * In order to vote in the special meeting, you must own Coastal common stock as of the close of business on the record date. The latest date to purchase Coastal common stock and to be able to vote is Wednesday, September 27, 2006.