Coastal Delisted from Stock Exchange

[HindSight2020]

Beginning of the end for Coastal? Are restless share holders finally fed up? Positioning for acquisition or bankruptcy?

Coastal Contacts Delisted From Stockholm Exchange

January 14, 2013 12:20 AM

VANCOUVER, British Columbia— Coastal Contacts Inc. (NASDAQ: COA) (TSX: COA) (Stockholm: COA) has requested a delisting of the company’s shares from NASDAQ OMX Stockholm AB, which has approved the application and decided to delist the shares of Coastal Contacts Inc. The last day of trading will be Feb. 28, 2013.

[edKENdance]

Interesting.

[Chris Ryser]

.............and this was January 7:

Coastal.com to Ring The NASDAQ Stock Market Opening Bell January 7, 2013	01/04/2013
Download this Press Release
VANCOUVER, British Columbia, Jan. 4, 2013 (GLOBE NEWSWIRE) -- Coastal Contacts Inc. ("Coastal") (Nasdaq:COA) (TSX:COA) (Stockholm:COA), the leading online retailer of vision care products, announced today that it has been given the honor of ringing The Opening Bell of the NASDAQ Stock Market on Monday, January 7th, 2013 at 9:30 a.m. ET. Coastal commenced trading on the NASDAQ October 24th, 2012 under the symbol COA. Roger Hardy, Coastal's founder and CEO will be in attendance along with other Company representatives. "We are pleased to be listed on NASDAQ as part of the Coastal's long term strategy to build the leading direct to consumer retailer of eyeglasses, contact lenses and vision accessories," commented Roger Hardy, Coastal's Founder and CEO. "We believe the listing will provide U.S. based investors and funds with greater access to Coastal shares, which they would not otherwise have. It should also help to build awareness of the Coastal.com brand as we invest in acquiring customers across the U.S.A. During fiscal 2012, Coastal manufactured and shipped more than one million pairs of eyeglasses and during the fourth quarter of fiscal 2012 our U.S. eyeglasses business grew approximately 100% over the same period in 2011. It is an exciting time at Coastal as the web continues to rapidly gain share from traditional optical channels in the U.S. eyeglasses market that exceeds $18 Billion annually." updated 1 hour 10 minutes ago 2013-01-19 T17:18:10 VANCOUVER, British Columbia, Jan. 18, 2013 (GLOBE NEWSWIRE) -- Coastal Contacts Inc. ("Coastal") (Nasdaq:COA) (TSX:COA) (Stockholm:COA), the leading online retailer of vision care products, announced today that it is ranked #3 overall in the 2013 Social Media 300 by industry leading Internet Retailer magazine. Internet Retailer estimates that Coastal.com generated approximately 25% of its search traffic from social media sources including Facebook, Twitter, Pinterest and YouTube, the third highest percentage in the ecommerce market. The Top 10 in the 2013 Social Media 300 as published by InternetRetailer.com www.Petflow.com www.Fab.com www.Coastal.com www.Totsy.com www.Birchbox.com www.KingArthurFlour.com www.JackThreads.com www.NBA.com www.Nastygal.com www.ModCloth.com "Our strategy to communicate with existing and new customers through social media channels has created a definite increase in traffic, brand awareness and customer engagement for Coastal.com," commented Aaron Magness, Coastal.com's VP of Marketing. "The importance of social media is on the rise as we create a community of Coastal.com users and they, in turn, generate further content about our products and how they feel about Coastal.com. With more than 900,000 'likes' or 'friends' the effect has gone viral and is a key piece of our marketing strategy going forward." "Ultimately, social media is a valuable tool for business as it results in lower customer acquisition costs as our customers become our sales force," stated Roger Hardy, Coastal's Founder and CEO. "It has always been our goal to serve customers in a way that inspires them to share their experience with friends and family, giving Coastal an X-factor in growing our business."

[edKENdance]

Find it funny that I only recognize 2 companies on that top 10

[Chris Ryser]

Coastal Contacts Inc Stock Report


COA $5.25* 0.11 2.14% Get COA Alerts *Delayed - data as of Jan. 18, 2013 from http://www.nasdaq.com/symbol/coa/stock-report



Read more: http://www.nasdaq.com/symbol/coa/sto...#ixzz2IRtjENrd

[HindSight2020]

Coastal Contacts Inc Stock Report


COA $5.25* 0.11 2.14% Get COA Alerts *Delayed - data as of Jan. 18, 2013 from http://www.nasdaq.com/symbol/coa/stock-report



Read more: http://www.nasdaq.com/symbol/coa/sto...#ixzz2IRtjENrd

Wonder what the heck is going on??? If I were a share holder, I'd certainly be concerned with all this pendulum swinging going on - wouldn't make me feel comfortable with my investment!

[uncut]

Find it funny that I only recognize 2 companies on that top 10

NastyGal.com?......Birchbox.com?

[uncut]

Pretty early in the year for a 2013 Top Ten, isn't it Chris?

[edKENdance]

NastyGal.com?......Birchbox.com?

You know me too well!

[Chris Ryser]

Pretty early in the year for a 2013 Top Ten, isn't it Chris?

Here is where they got it from............................

These three online-only merchants demonstrate that aggressive social media marketing programs can lead directly to traffic and sales. And, in fact, they're the three highest-ranking retailers in the Internet Retailer Social Media 300, a new research guide that for the first time ranks retailers by the percentage of traffic to their web sites from social networks—a measure of the effectiveness of their social media strategies. PetFlow gets 30% of its total traffic from social networks, while Fab.com and Coastal.com garner 25%.

Those types of results, while certainly not the norm, are why 52% of retailers in a recent online survey from digital marketing firm Webmarketing123 said they planned to increase their social media marketing budgets in 2013, outpacing the percentage that plan to increase spending on search engine optimization (45%) and pay-per-click advertising (40%). Social media spending by all marketers in the United States will near $5 billion by 2016, according to Forrester Research Inc.

[Chris Ryser]

Beginning of the end for Coastal? Are restless share holders finally fed up? Positioning for acquisition or bankruptcy?

Coastal Contacts Delisted From Stockholm Exchange

January 14, 2013 12:20 AM

VANCOUVER, British Columbia— Coastal Contacts Inc. (NASDAQ: COA) (TSX: COA) (Stockholm: COA) has requested a delisting of the company’s shares from NASDAQ OMX Stockholm AB, which has approved the application and decided to delist the shares of Coastal Contacts Inc. The last day of trading will be Feb. 28, 2013.

They started on the Toronto exchange, then moved to Stokholm and now on the NASDAC.

[oz]

It costs $ to get listed, it costs $ to stay listed, and it costs $ to stay compliant.

It was probably a time/cost/resource saving decision more than anything.

Not sure why they bothered with Stockholm to begin with, it should've been TMX and then either NYX or NDAQ from the get go.