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Coastal Holdings, Inc.: Coastal Holdings, Inc. Announces New Corporate Strategy

Wed, 11 Oct 2006 8:19:00 PDT

HOUSTON, TX (MARKET WIRE) Coastal Holdings, Inc. (PINKSHEETS: COHG) today announced that its Board of Directors has approved the main corporate strategy or direction of the Company. This strategy is to transform Coastal Holdings into a Biotechnology Holding Company and in doing so return to the original business and foundation of the Company. Coastal Holdings will function as an angel investor in several emerging

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