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Received an email reply not long ago from Brett Rodli stating we will find out the results of the third-phase dig sample soon!
Hoping for a micro and/or macro diamond find!
Per an email reply from Delta on 02/26/08, "Also, be patient. We will find out the results of the sample soon."
Apex Geoscience is the real deal. Their field memo is indicative of time well spent. I expect good results, but certainly have no information other than what has been made public so far. We'll see soon I believe!
I believe the share price will rebound from here in the next couple to few months, just my opinion/prediction! g'luck
as listed in the ibox:
Delta updated the Nevada Secretary of State as of 12/04/07 to once again become an active entity per their website at:
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpSearch.aspx
from you can can gather the names associated with the company.
per the field memo report, apex seems to indicate some chance at least of a successful dig. this release by them is nothing to consider an easy let down from delta... i think we should keep our eyes on the wire for the all encompassing sample report soon to be released! Go DMXC GO!
g'luck
The silence is deafening! You know, if we get a favorable report from Apex, say one that states diamonds were in fact found, this thing could really explode! Not just the market newswire but all over the place... diamond mine in Montana, USA.. that would be Big news..
but, might not be diamonds in that 30+ tons of dirt.. so we play the wait game!
Get Up Gail.. this is kinda exciting! :) (eom)
May 2, 2007 - 9:37 AM EDT
SITCOM to Publish Update of Ultimate Franchise Systems, Inc. Corporate Profile
LAKE MARY, Fla., May 2 /PRNewswire-FirstCall/ -- Ultimate Franchise Systems, Inc., (Pink Sheets: UFSJ) said today that it has given SITCOM LLC, authorization to publish a new, updated corporate business profile. The new UFSJ profile will be made available to all company shareholders as well as investors and investment brokers who have registered at the company's website, www.ufsi.net.
The new micro-report states:
Ultimate Franchise Systems, Inc., (OTC Pink Sheets: UFSJ) is a venture management company that develops ownership positions in mid-sized businesses, primarily in the restaurant industry. The company was formed in 1997 with one brand affiliation. Today the company has 14 brand affiliations representing over 400 franchise affiliates and private-equity operations in over 30 states.
UFSJ has significant ownership in five small cap public companies similar in comparison to a mutual fund. The company has ownership positions in:
1. North Country Hospitality, Inc. (OTC Pink Sheets: NHSP) - 19%, www.northcountryhospitality.com
2. Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVS) - 19%, www.qualityrestaurantventures.com
3. Obee's Franchise Systems (OTC Pink Sheets: OBFC) - 80%, www.obees.com
4. All-American Coffee & Beverage, Inc. (OTC Pink Sheets: ACBV) - 19%, www.afbcinc.com
5. Famous Food Group, Inc. (OTC Pink Sheets: FFDG)
UFSJ Generates Revenues From Six Distinct Platforms
1. Heathrow Equity Partners
Heathrow Equity Partners LLC (HEP) leads privately-held companies into being public companies, as well as providing capital resources for UFSJ affiliate brands. Revenues are generated from fees associated with securing investment funds, fees for facilitating reverse mergers, and fees from representing private placement offers UFJS has a 19% ownership position in Heathrow Equity Partners.
HEP has coordinated reverse mergers for Quality Restaurant Ventures, Inc. in 2000, Obee's Franchise Systems in 2004, Hip Hop Soda Shops in 2005, North Country Hospitality, Inc. and All-American Coffee & Beverage, Inc. in 2006.
HEP has secured over $8 million in funding for UFSJ affiliates including two recent loans totaling $900,000 for North Country.
For more information see: www.heathrowequity.net
2. Ultimate Franchise Management
UFM is a wholly-owned division of the company that provides accounting, marketing and legal support to UFSJ brand affiliates. UFM generates revenues from royalties and marketing fees paid by franchisees. These royalties range from 4% - 6% of gross sales. Marketing fee are 2% - 4% of gross sales. see: www.ufsi.net
3. Ultimate Purchasing Resources
UPR facilitates the purchase of over one hundred million dollars per year in food and restaurant supplies. UFS has contracts with a number of nationally recognized companies including Pepsico Inc., Tyson, Hormel and U.S. Food Service. UFS affiliates receive reduction in food costs or rebates from these purchasing agreements.
4. Franchise Sales Division
UFSJ receives revenues each time it generates the sale of a new franchise or area developer agreement. Ultimate or its affiliates receives up to 50% of these new franchise fees which range from $25,000 - $35,000 depending on the brand affiliation. Revenues from area developer agreements vary according to the territory being purchased but generally begin at $50,000.
5. FransAction Inc.
FransAction generates inquiries for area developers and new franchisors for twelve of the company's brand affiliates. FransAction is responsible for placing ads in trade journals, website promotion and brand presentations at franchising conventions and trade shows. Ultimate receives a percentage of the revenues that FransAction generates from new franchise sales.
6. UFS Private Dining Division
This wholly-owned division of UFSJ enters into private equity partnerships with full service restaurants that are positioned for rapid growth and above average profitability. At present, UFSJ has ownership positions in Gators Dockside Restaurants, www.gatorsdockside.com, Harvey's of Heathrow, and Harmoni Market, www.harmonimarket.com.
For further information about UFSJ please contact:
Ultimate Franchise Systems, Inc.
Christopher Swartz, CEO
407-333-8998 x150
InvestorRelations@ufsi.net
http://www.ufsi.net
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Ultimate Franchise Systems, Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward- looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
SOURCE Ultimate Franchise Systems, Inc.
Source: PR Newswire (May 2, 2007 - 9:37 AM EDT)
News by QuoteMedia
www.quotemedia.com
Oh would'nt that be nice! thx Ed(eom)
I admit, I just wanted to instigate continued discussion.. now That is the real edge of your seat stuff! ;)
G'luck to all
any relation here to swvc??
http://www.soyatech.com/print_news.php?id=6154
Well nothing in stone about more than one this week, but definately more updates to come soon, according to the information there... thanks!
Have to admit if there is no other news or a filing this week then I will be a bit disappointed since so many posted they had received email responses stating there would be more than just one bit of info given this week. Not discouraged, but disappointed
ya don't say... i'd have to agree... but i still appreciate that post i replied to... sure ain't the reason i bought in though nor was anyone's post here for me personally... have flipped once & left/came back for #2, but both gave me more shares and for the moment i'm holding them.. my Opinion is that this is one good long term investment, but hey, do your own due diligence! g'luck
go swvc
LoL.. cool beans! I have no reason to believe it other than I want to! So I will! Thanks! :)
glass is half full! eom
Form 8-K for SEAWAY VALLEY CAPITAL CORP
--------------------------------------------------------------------------------
4-Jan-2008
Entry into a Material Definitive Agreement, Financial Statements and E
ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT
In December 2007 Seaway Valley Capital Corporation ("Seaway" or the "Company") consummated a financing agreement with Golden Gate Investors, Inc. in the form of a convertible debenture for total immediate gross proceeds of $400,000. The funds will be used for various business activities, including effectuating an acquisition of 100% of the stock of an undisclosed company that Seaway recently executed letter of intent ("LOI") to acquire. In addition, a certain portion of the funds may be used to assist its recently acquired wholly owned subsidiary, Hacketts, in the transition of WiseBuys stores into Hacketts stores.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibits
10-a Securities Purchase Agreement between Seaway Valley Capital Corporation and Golden Gate Investors, Inc.
10-b Secured Promissory Note between Seaway Valley Capital Corporation and Golden Gate Investors, Inc.
10-c Debenture between Seaway Valley Capital Corporation and Golden Gate Investors, Inc.
Press Release Source: Seaway Valley Capital Corporation
Hacketts Receives $5 Million Inventory-Based Financing Commitment
Tuesday January 8, 8:00 am ET
Funds to be Used for Debt Repayment, Store Conversions and Expansion
OGDENSBURG, N.Y.--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTCBB:SWVC - News) (“Seaway Valley”) announced today that its wholly owned subsidiary, Patrick Hackett Hardware Company (“Hacketts”), has received a Term Sheet and Commitment Letter from Wells Fargo Bank, NA, through its Wells Fargo Business Credit operating division, (“Wells Fargo”) for inventory-based financing of up to five million dollars ($5,000,000). The Commitment Letter is subject to final due diligence and the completion of the loan documents.
ADVERTISEMENT
“We are pleased to have received this $5 million inventory-based financing commitment from a reputable institution such as Wells Fargo,” stated Hacketts CEO, Norman Garrelts. Hacketts, which was recently acquired by WiseBuys Stores, Inc., will be the surviving entity with all of the WiseBuys stores to be converted to and operated under the “Hacketts” brand. “With this line of credit arrangement,” added Mr. Garrelts, “Hacketts should have a vehicle to initiate the repayment of certain debt, help with transitioning the existing WiseBuys stores to Hacketts stores and begin the exploration of possible new locations. Having Wells Fargo as a partner further validates our efforts and ensures that sufficient capital should be available to Hacketts as the company takes advantage of those expansion opportunities.”
After the store conversions, Hacketts will operate nine locations, including Canton, Gouverneur, Hamilton, Massena, Ogdensburg, Potsdam, Pulaski, Tupper Lake, and Watertown -- all in New York.
About Patrick Hackett Hardware Company
Hacketts, one of the nation’s oldest retailers, with roots dating back to 1830, is a full-line department store specializing in name-brand merchandise and full-service hardware. Hacketts, now with nine locations, features brand-name clothing for men, women, and children, and a large selection of athletic, casual, and work footwear. Hacketts also carries domestics, home décor, gifts, seasonal merchandise and sporting goods. Hacketts full-service hardware department features traditional hardware, tool, plumbing, paint and electrical departments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation makes equity, equity-related, and debt investments in companies that require expansion capital. Seaway also seeks investments in leveraged buyouts and restructurings. Seaway will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, manufacturing, and select technologies.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Seaway Valley Capital Corporation
contact@seawaycapital.com
www.seawaycapital.com
or
Investor Relations:
CEOcast, Inc.
Gary Nash, 212-732-4300
--------------------------------------------------------------------------------
Source: Seaway Valley Capital Corporation
they saw some kimberlite sticking above the ground.. they took a bit of that dirt in for closer examination and sure enuff, they found a microscopic diamond! so they went and got a few more handfuls of dirt for closer examination and found that the minerals favor diamond formation...
so now they have gotten 30+ tons of dirt dug up and sent to the lab for testing, hoping to find a diamond they can see without a microscope (macro diamond).. if they find one, then an interest in mining the property for commercial diamonds might produce funding which in turn might produce aLot of profits! That's the jist of where we are at now.. in a nutshell!
g'luck
So what exactly does this mean? eom
Press Release Source: SafePay Solutions, Inc.
SafePay Terminates SafePay Solutions Agreement
Friday January 4, 9:30 am ET
Company to Change Name, Pursue New Technology
ALISO VIEJO, Calif., Jan. 4 /PRNewswire-FirstCall/ -- SafePay Solutions, Inc., a Delaware corporation (Pink Sheets: SFPS - News) announced today that its Board of Directors has terminated its agreement with SafePay Solutions, Inc., the original Nevada corporation, whereby SafePay Delaware was to acquire SafePay Nevada's online payment processing technology. SafePay Delaware will change its name and plans to pursue a new business model in the technology sector.
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The SafePay Board of Directors originally notified SafePay Nevada of the termination on or about June 25, 2007. SafePay Nevada acknowledged the termination on or about August 17, 2007.
In addition, SafePay's Board of Directors also ceased all ongoing acquisition negotiations and has directed the Chief Executive Officer to review all agreements connected with the SafePay Nevada transaction and report back to the board. As part of the termination, all shares issued and/or transferred by either of the parties in connection with the original acquisition transaction have been cancelled and/or returned to each respective entity.
About SafePay
SafePay is currently in the process of changing its name and adopting a new business model. The new business model is anticipated to be in the technology sector.
Notes about forward-looking statements
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.
Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "may," "should" and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date when they are made.
CONTACT: Tim Jilbert 949-766-6994
well.. far as i can tell this livak is not in it anymore.. this is a crap shoot sure, but it's laid out in front of us.. no gbdx maybe's .. either we get a good report or we dont from Apex. Apex has delta on their website as well, so it's legit. No need to blindly throw mud at dmxc "At The Present" without first doing some due diligence.. their past sux, but i'm not here for their past.. and.. i'm not chitchatting it up with anyone.. i'm invested and posted what i know.. not pumping some maybe's here.. i blatantly said this is do or die time! Guy running delta is rodli now.. and he was who emailed me back from my email to info@deltamine.com .. http://www.rodli.com/
g'luck
hey i'm just posting what i know.. if this last phase produces a macro diamond then this "play" may offer a nice return! 50million AS for sure.. dont have os or float info, but can't be too bad!
g'luck
yeap, and they are just now awaiting results of the phase 3 30+ tonnes sample, hoping for a macro diamond find.. do or die time for this property!
Here's an older article that sparked off exploration of diamonds in Montana. Delta Mining is up to phase 3 awaiting results! DMXC
http://www.msnbc.msn.com/id/6279804/
g'luck
If that there Montana property was close to me I'd have an awful itch to go check out those dig sites for shiny rocks! lol
is odd that the address listed on the Nevada sos website for safepay that you posted is the same address of this hear delaware corporation safepay.. hmm.. i dunno
Does anyone have the latest OS/float information?
Thanks in advance!
DMXC looks pretty good for a lottery ticket play. I've owned it for awhile and although I have read posts from a few disgruntled longs, they are following thru with an exploration plan and currently awaiting results that do have the potential to send this stock to da moon! lol
The AS is only 50 million, but I do not know current float & OS information. Anyways, thought I would mention it..
G'luck
Link to a document containing some good information on the potential!
http://www.wsgs.uwyo.edu/metals/pdf/NORTH%20AMERICAN%20DIAMONDS2.doc
from the article:
"One should anticipate that major swarms of mantle-derived intrusives from Canada to continue southward into Montana, Wyoming, and Colorado and that this terrain could potentially become a major source for diamonds in the future. "
Here's an older article that sparked off the exploration in Montana. Obviously we are up to phase 3 awaiting results! :)
http://www.msnbc.msn.com/id/6279804/
just for kicks, one for the kids:
http://www.kidsnewsroom.org/newsissues/102204/index.asp?page=Science2
it really is quite possible there is just an affliate id associated..
In other words blockbuster, nike, whoever would probably be willing to have anyone sign up and get an affiliate id link to link to their content and graciously pay a commission on any sales generated during a surfers stay (all cookie trackable).
if this were the case, then boomerang could have all kinds of big names listed with no direct affiliation whatsoever beyond that of which you or I would have were we affliates...
just my opinion, g'luck to all
i'm sure it would, but not a sell, this stock would do good to lift off the ground, but i dont see it happening. it's Toast!
i agree if all AS was OS.. but still could be the plan, in theory.. g'luck though, i dont want to see that.. i want to see a tender on a day and at a time when i can jump back in and make no brainer money! lol
what is the proof that there is no dilution? I'm curious. And although my post is a theory, it does not say the company has sold those extra shares, rather "is to allow them to dilute the full AS" ... if my theory were the case then if I was the company I would do it slowly so the voices of hope dwindled & there would be no momentum to organize against. Not that there would be anything come of that, but who wants the hassle!?!
maybe the plan here after the change of ownership pr and authorized share count going to 1.8 BILLION and no peep out of the company since is to allow them to dilute the full AS count so the pps goes down to nothing, shareholder confidence becomes non-existant, and the bid drops off to nothing with an ask of .0001! Then they can buyback any shares of anyone still holding that wants something for nothing at a whopping .0002 Generous offer & get outta the market for peanuts!
Just a theory, not necessarily what i believe. But, I've sold my position for a better gamble & only look at this board to kill time.
g'luck
I saw those too. Found myself looking for diamonds. Hope the report is favorable.
Emails I have sent to Delta, and response!
Sent on 11/27
"On the Nevada Secretary of State website, Delta Mining and Exploration Corp. is currently showing a default status as of 10/1/2007. Will this be remedied soon and can you give me the authorized and outstanding share counts?"
No direct reply to this email, however there was an update on 12/4 and Delta is now showing as active once again.
Sent on 12/5
"Nice to see work underway and very nice to see the update on the Nevada Secretary of State website.
Is there any chance I or shareholders in general could get an update as to the outstanding share count, or any share structure information for that matter?"
No direct reply to this email at this time.
Sent on 12/6
"http://www.pinksheets.com/pink/quote/quote.jsp?symbol=dmxc
You think you can remedy this situation? I'm sure it would not hurt current/future shareholders"
Direct Response Below:
-----Original Message-----
From: Brett Rodli [mailto:rodli@deltamine.com]
Sent: Thursday, December 06, 2007 12:27 PM
To: Vance
Subject: RE: [Fwd: PinkSheets.com]
Vance,
I know you have a lot of questions, and I will answer them soon, but I have only a quick moment and wanted you to know that our attorney is working on a solution to the PinkSheet mess.
We are pretty excited to find out the results of the bulk sample. We received a memo from the Apex crew chief, which we are finding out if we can provide to the public, which is quite informative.
Also, I have been informed that there are some who assume that one can go out with a backhoe and just dig the samples ourselves. There is a reason we hire Apex. They have done this kind of projects on many of the big diamond mines and potential diamond mines in Canada, and throughout the world. They knew exactly where to dig and what to dig up and separate. Previous sampling programs on the property, before Delta's control of the property, did not yield sufficient information, because the people conducting the survey, though geologist, were not as specialized and experienced as Apex.
When Apex puts out a report, the experts in the industry understand the significance of the report, understand its details, and recognize the credibility of the work performed. That alone is worth much more than people realize, and may be the second most important key to the success of the company, first, of course, is finding diamonds.
Regards,
Brett
President/CEO
DELTA MINING AND EXPLORATION CORP.
www.deltamine.com
2001 South Russell
Missoula, Montana 59801
Symbol: DMXC
I believe current price per share to be a good buy in point, & I have bought back in. Last bit of information on the SOS website was a 50 million authorized share count. Does anyone have any updated information on OS?
tia & g'luck
ot: sorry you had gathered my posts indirectly or directly to you as an attack, or believe my intent was to attack anyone here. It was not, I was just trying to get the answer that a few here have now answered, and I Really enjoyed the answer you just gave! Thanks
Thank you too!(eom)