Seaena, Inc. (fka SEAI)

[Renee]

SEAI revoked:

http://sec.gov/litigation/admin/2011/34-65129.pdf

[ADVFN_stockdad]

what's the reason down? wolf is coming?

[JMC]

Couple more weeks until R/M is completed. Still unnoticed...

Upon satisfaction of all closing conditions, the transaction is expected to be completed by the end of March 2008.

http://pinksheets.com/edgar/GetFilingHtml?FilingID=5660451

[JMC]

Some online retailers… http://www.dickssportinggoods.com/search/index.jsp?f=Brand%2F16782%2F&fbc=1&fbn=Brand%7CConcord+Ind

http://www.bizrate.com/mlbshop/brand--concord-industries/products__att259--372196-__kw--concord+industries__qcid--5645254.html

http://www.sportsauthority.com/search/index.jsp?kwCatId=&kw=concord%20industries&origkw=concord%20industries&sr=1

http://shop.mlb.com/search/index.jsp?kwCatId=&kw=concord%20industries&origkw=concord%20industries&sr=1

[JMC]

Share info, from 8-K, (Note pending 2-for-1 R/S)…

Schedule A
Acquisition of Concord Industries Inc. by Seaena, Inc.

Proposed Deal Structure

Seaena Share Structure Pre-Closing

Outsanding Seaena Common Stock 8,023,708

Outstanding Debt to be Converted into Seaena Common Stock $ 3,833,327
Conversion Rate per Share ( See Note 1 ) $ 0.32
Seaena Common Stock to be issued upon Conversion 11,979,147

Total Outsanding Seaena Common Stock Post Conversion 20,002,855

2-for-1 Reverse Stock Split of Seaena Common Stock 10,001,428


Share Structure on Closing Date

Outstanding Seaena Common Stock 10,001,428 40%
Shares to be issued to Concord at Closing 13,251,892 53%
Shares to be placed in Escrow subject to Earn Out Milestones 1,750,250 7%
Total Seaena Common Stock Outstanding After Closing 25,003,570 100%


2008 Capital Financing

Minimum Amount of Funding $ 3,000,000
Post Acquisition Per Share Price (See Note 2) $ 0.75
Post Acquisition Shares to be Issued 4,000,000


Earn Out Milestones

12/31/2008 12/31/2009 12/31/2010
Earnings Before Interest, Taxes, Depreciation, and Amortization $ 1,000,000 $ 1,500,000 $ 2,000,000
Shares Released from Escrow Upon Achievement of Milestone 875,125 437,563 437,562


Share Structure After Earn Out

12/31/2008 12/31/2009 12/31/2010
Seaena Shareholders 10,001,428 34% 10,001,428 34% 10,001,428 34%
Concord Shareholders 14,127,017 49% 14,564,580 50% 15,002,142 52%
Shares Remaining in Escrow Subject to Earn Out Milestones 875,125 3% 437,562 2% - 0%
2008 Capital Financing Shares 4,000,000 14% 4,000,000 14% 4,000,000 14%
Total Outstanding Shares of Common Stock 29,003,570 100% 29,003,570 100% 29,003,570 100%


Note 1 : The conversion rate is subject to change, which will substantially impact this Schedule A. The conversion rate will be calculated based upon a the average of the closing bid prices of the Seaena Common Stock on the OTCBB for the 20 days immediately preceding the day of conversion.

Note 2 : The per share price is subject to change, which will change the total number of shares that must be sold to raise the additional $3,000,000.

[JMC]

No. of Total Employees: 101 - 500 People
http://www.alibaba.com/company/10815484.html

[JMC]

http://www.concordind.com/

Summary: Concord Industries, Inc., founded in 1985, is the premier manufacturer and supplier of corporate identity, promotional, and gift items. Concord Industries is a 100% woman owned corporation headquartered in Norwalk CT, with primary locations in Fitzwilliam NH, and Hong Kong.

Company History: Karen Condron founded Concord Industries, Inc. in 1985. For nearly 20 years, Concord Industries has grown to be a leading manufacturer and supplier of promotional products in the country, servicing such organizations as The New York Stock Exchange, Morgan Stanley, The US Olympic Committee, United Nations, GM and more. Since 1985, we have expanded our product line to include a whole suite of promotional items, as well as our own branded leather line Carriage House Leather. Concord Industries is an official licensee of sports organizations such as NFL, MLB, The Olympics, as well as automobile organizations such as GM, and more. We have also put together one of the most knowledgeable sales, and support staff in the industry. Concord Industries has prided itself on offering the best quality products at a great price. Facilities/Locations:

Concord Industries has manufacturing facilities in Fitzwilliam New Hampshire, Norwalk Connecticut , and Hong Kong . Located in Fitzwilliam, New Hampshire is a 78,000 sq ft building used primarily for manufacturing and distribution. The 27,000 sq ft building in Norwalk, CT is the corporate headquarters. In Hong Kong , Concord Industries maintains a manufacturing logistics, and sales location. Concord Industries also has a vast nationwide sales staff throughout the US .

Contact Us
Call us Toll Free: 1-800-553-9824
(Mon - Friday, 8:00am - 6:00pm EST)
Email: [e-mail]

Concord Industries, Inc.
USA Headquarters
19 Willard Road
Norwalk, CT 06851
USA
Toll Free: 800-553-9824
Phone: [phone]
Fax: [phone]
- This 27,000sq ft. Building houses Concord's sales, customer service, Graphics, IT/MIS, & Accounting

Concord Industries, Inc.
Manufacturing & Distribution Center
179 Route 12 North
Fitzwilliam, NH 03447
USA
Toll Free: 800-553-9824 ext. 4
Phone: [phone]
Fax: [phone]
- This 74,000sq ft. Building houses Concord's Manufacturing & Distribution.

Concord (Asia) Industries LTD.
No. 7 Sacramento Avenue
Royal Palms, Phase B
Wo Shang Wai
Yuen Long, N.T.
Hong Kong
Fax: [phone]

[JMC]

SEAI Signs Binding Letter of Intent with Concord Industries, Inc.
Thursday January 17, 1:50 pm ET

LAS VEGAS--(BUSINESS WIRE)--Seaena, Inc. (OTCBB:SEAI - News), a manufacturer and distributor of laser etched glass products, announces that it has signed a Binding Letter of Intent to combine with Concord Industries, Inc., a licensed manufacturer and supplier of premium corporate gifts and promotional incentives. The proposed business combination is intended to further enhance the product lines of both companies through the expansion of all sales, marketing and distribution channels. Upon satisfaction of all closing requirements, Seaena will issue 60% of its total outstanding shares at the time of closing, in exchange for 100% of the outstanding shares of Concord. As a result, Concord would become the wholly-owned operating subsidiary, with Seaena as the parent company. The former Concord shareholders as a group would have majority control of Seaena. It is likely that upon closing, Seaena will change its name to identify itself with Concord. Through this transaction, the companies will gain the experience and expertise of the combined executive management group.

Seaena and Concord shall work as a team to jointly manufacture, market and sell their licensed promotional products utilizing patents, licensing agreements and intellectual property currently held by Concord. In addition, manufacturing capacity will be increased through Concord’s 78,000-square foot facility located in Fitzwilliam, New Hampshire, with expanded corporate space in Norwalk, Connecticut.

Concord was originally founded in 1985 and is an official licensee of major sporting organizations such as the National Football League, Major League Baseball and the National Hockey League. It also holds licenses to produce and sell a wide range of products containing the official Olympic logo and General Motors logos. Concord has gained extensive knowledge and experience in the promotional products industry through its history and involvement in product marketing. The Concord management team has had key involvement in the development of extensive distribution channels and international manufacturing relationships. A separate Division of Concord has developed and designed software systems to sell and manage the selling process of branded products.

Upon closing, the companies will have immediate diversity of promotional products into the combined existing distribution channels and have already initiated development of additional sales platforms to expand current marketing targets. "This agreement is an exciting next step in Seaena’s efforts to increase its product line and expand its distribution channels," said Kevin Ryan, Seaena’s Chief Executive Officer. “The combination of Concord’s license agreements and facilities are instrumental in furthering our efforts.” Mr. Ryan further went on to say, “After years of developing relationships, and enhancing our existing product line, this agreement signifies the beginning of Seaena’s ability to fully utilize its distribution channels and key relationships.”

“We are very excited about this growth opportunity for Concord Industries which will broaden our product line and channels of distribution. The new entity will provide management with the requisite resources to proactively manage the business and pursue vigorously new business opportunities,” said Karen Condron, Concord’s President.

About Concord Industries, Inc.

Concord Industries operates a manufacturing and distribution facility in Fitzwilliam, New Hampshire and maintains its corporate headquarters in Norwalk, Connecticut. Concord has become the leading manufacturer and supplier of promotional products in the U.S. servicing such organizations as The New York Stock Exchange, Morgan Stanley, The U.S. Olympic Committee, United Nations and General Motors. Since 1985, Concord has expanded its product line to include a wide array of promotional items utilizing its branded leather line, “Carriage House Leather”. In addition, Concord is an official licensee of the NFL, MLB, US Olympic Committee and the NHL.

About Seaena, Inc.

Seaena, Inc. is a leading manufacturer and supplier of 3D sub-surface laser engraved products. Seaena has manufacturing in the U.S. and abroad. It owns 51% interest of Laser Design International, LLC, a California limited liability company which owns the exclusive license rights to a family of patents that govern subsurface decorative laser marking in crystal, glass, and other clear materials. Seaena also controls other patents relating to sub-surface color engraving. Seaena’s revenues are derived from diverse sales of various sub-surface etched products, laser etching systems and other items which can be personalized for many different markets. Seaena’s core product lines include two and three dimensional photo crystals as well as customized sub-surface engraved products for the corporate and retail marketplace. Seaena sells to distributors throughout the world and is widely known for its high quality of products and services. Seaena is based in Las Vegas, Nevada.

Forward-Looking Statements

The statements in this press release regarding any statements which are not historical facts, are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to costs and difficulties related to seeking investment and merger candidates, the viability of the promotional products industry, Seaena’s ability to successfully market its products; access to corporate financing, costs, delays and any other difficulties related to Seaena’s business plan, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents we file from time to time with the U.S. Securities and Exchange Commission. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


Contact:

Seaena, Inc.
Christopher Robbins, 800-364-6483 ext. 120
[e-mail]

Source: Seaena, Inc.

[JMC]

SEAI reverse merger 8-K
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5660451

[dl_bones]

Amazing!!!!! I'm very impressed with what this stock has done!

[OptionMonster]

WOW! SEAI Bid: 1.00 Ask: 1.25 Last: 1.00 ($): 0.41 Vol: 246,721

[dl_bones]

Man it is!!!! I totally spaced this one off today.

[OptionMonster]

This thing is a machine!

[dl_bones]

Man they sure did!! Some nice blocks sized blocks!

[OptionMonster]

WOW! Some big buys just came in!

[dl_bones]

Yes sir, I'll be keeping my eye on it as well!

[OptionMonster]

And down she comes like clockwork..Waiting to scoop the cheapies again!

[dl_bones]

Yes sir!!! Gotta love it!!!

[OptionMonster]

It was just a matter of time before we got paid bro$$$ CHA CHA CHA CHING$$

[OptionMonster]

This is a BEAST!!$$$

[OptionMonster]

UBSS 0.5100 2500 07:30:12
NITE 0.5500 2500 11:12:15
SBSH 0.6000 2500 11:12:04
DOMS 1.0100 500 07:30:12 <<<SO CLOSE!!
HDSN 1.2000 500 07:30:12
HILL 1.7600 500 14:13:49
PERT 2.0000 500 11:46:17
SALI 4.0000 500 07:30:12
GNLN 4.0000 500 07:30:12
ETRD 4.0000 500 07:30:12
BEST 4.0500 500 07:56:40

[dl_bones]

That could be it, but man, this one has just quietly gone up.

[OptionMonster]

Getting close to quarterly report time..Maybe good news?

[dl_bones]

:) ME TOO!

[OptionMonster]

Me likey!!

[dl_bones]

Man, this is runnin on NO NEWS!!!!

[OptionMonster]

yup..all I can say is weeeeeeeeeeeeeeeee

[dl_bones]

Man!! This was found at what .20?

[OptionMonster]

It won't stop!! Only 957K in the float!

[dl_bones]

Man! WOW, this thing is moving!!

[OptionMonster]

Up Up and away it keeps going!

[dl_bones]

Damn, it sure was!! Very nice!!!

[OptionMonster]

Monster gain today!

[dl_bones]

:)

[OptionMonster]

Have not jumped in yet..Looks tempting!

[dl_bones]

Yeah, it's just sneaking on up!

[OptionMonster]

Umm..15 now!

[dl_bones]

Still at .10 here!

[dl_bones]

Holding at .14, would like to see a PR update here.

[dl_bones]

Looks real good! Now it just needs some steady trading volume.

[OptionMonster]

Up 100% on 166K..Can I pick them or what!?