Trade your own trade. Not someone elses'
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What evidence do you have that SWVC has any involvement in GS agri fuels. I haven't seen it. All I've heard is speculation. If you KNOW something please share.
That would be nice in a perfect world. How do you know that to be the case. I've seen several R/S and can't name one that held pps. Not one. Can you name one?
No facts? Lets see purchase shares at .01. Say 300K the sp drops to .0005. 3 grand turned to 180.00. Now R/S what is it 5 to 1. Takes 180 lower. Dilution can continue because shares can be issued for compensation. Float begins to increase again. So where is it that any of the 2,800 gets paid back? You have to assume that operations will be positive. But if they are not. Commons never have to be paid back.
I agree! I'm just not real optimistic. I hope I am proven wrong.
That's a stretch. I think we are watching the destruction of the commons. It doesn't get any better. Real money converted to stock that is systematicly devalued. Nothing to pay back. Wow When it get close to worthless Walah a r/s and he immeadiatly is given a bonus to start the dilution all over again. The original money is gone.
If agr fuels was in the picture it would be known at this point. IMHO
Based on what we've seen. I would agree. I think we hit and even blow by .025 with relative ease with almost any substantive pr.
I would still consider that reason for optimism.
I'll get optimistic when we have reason! To date we have more questions than answers.JMHO
Nobody hopes your right more than me.
One thing to be mindful of. As we approach the year end for the Govt. . Got agencies go into overdrive to spend their budget or fear getting buget cuts going forward. I worked as a contractor on a military base for a number of years. Purchasing agents can't write P.O.s fast enough during September and October. I think that will happen with the 8 mil ear marked for CYBL. I'm not really surprised by CYBLs spike on Friday. I figured it would happen, just didn't know the timing of it.
It's nice to think we may soon have some new things to talk and speculate about. With substantive news we return to the .03 range. That's just my opinion. CYBL has amazing products. Looks like they have aquired some expertise in the area of marketing. Based on the late day activity. I would agree with several posters. I believe we are going to get some postive news.
All the value is squeezed out at this point if your a commoner. What's the hurry to write something off just yet! LOL 3 Grand to 180 dollars and falling!! LOL What's interesting I averaged down to a penny and even at that level have lost 95% of my initial investment. So I can only guess what many others have lost. Wow. The amazing thing to me is you still have some that tend to sweep this under the rug. Adding assets? We have nothing to date to my knowledge showing the way as it relates to the commons! The market to date with all the aquistion has set the value at what? .0005 - .0006. NOt encouraging in my opinion.
To date, you are correct.
Your funny! Frankly I think I'll stick with Dr. No. Just a name! I would try to attach to much meaning to a name.
Thanks for the opinion. I don't believe that what has been done to date has been handled very well. Plus, you have a lot of answers that I don't believe the market is willing to credit SWVC with yet. The market has punished SWVC in my view in that it has lost over 95% of it's value. It's good your so optimistic. I will take your advice though and sit back and enjoy.
From a personal point of view at some point I may opt to average down. I don't see any reason to hurry at this point. I'm going to see how the r/s goes. I'm in at .01 on 300K. Not megga like you. I hope for your sake things do turn around mine as well.
Here's my belief. If the R/S occurs and dilution is over. No big deal. But if the dilution continues it a big deal in a bad way to the common share holder. Do you dispute that? Your asset value continues to fall. The folks who purchase at the end of the dilutive time frame win. Not the loyals that watch there assest base dimish in %of company ownership and their own personal balance sheet. So tell me how that makes your day?If what I've stated is not correct, please feel free to explain.
My woes? I take complete responsiblility for riding 3grand right into the ground. lol The way this has been handled it smacks of premeditation. So yes, at this point SWVC has been ridden right into the ground by SWVC management. Or better stated the share holders have been ridden right into the ground. Management is fine! LOL so please I know what applies to me and what doesn't.
Better to wait for dilution to end and R/S to pass otherwise you are throwing money right out the window.
Yep, there are a lot of ways to skin a cat. A R/S will do just that!!!! OH, HAPPY DAY!!!!! TOMS TAKEN MY MONEY AWAY!!! THANK YOU TOM
I fully understand that. Why sell now? My tollerance has been to lose 95%+ of my initial investment. Why bother to sell now? my 300k shares are worth what? Say 150.00 right now! LOL The r/s now on the horizon will take things down a little more. IMO
I don't believe made enough is even in the cards right now. Show how is your glass given the loss down to almost 0. I'm a glass half full kind of guy. This glass is damn near empty as far as the commons are concerned! You tell me, where's the positive spin here?
I'm going to hold onto the shares that at this point in time have no real value. I will here by retain the right to bitch!
I will say this is a lesson I will never forget. Cost 3grand!
I think we have been greatly dimished with more to come. After the reverse split we will continue to see more dilution. I don't know how you place a value on that? Our shares have effectivly been taken to 0.
That pretty thin IMO.
Agreed Tom turned my 3 grand into 18 dollars. I'm pissed, but I know of several who lost much more. Wow, I wonder what those that trusted have to say now?
Which posters said that Tom was transparent and a r/s was out of the question? This effectivly wipes everyone out!! as I see it.If not please tell me where I'm wrong.
SEAWAY VALLEY CAPITAL CORPORATION
10-18 Park Street, 2 nd Floor
Gouverneur, N.Y. 13642
INFORMATION STATEMENT
To the Holders of the Voting Stock:
The purpose of this Information Statement is to notify you that the holders of shares representing a majority of the voting power of Seaway Valley Capital Corporation (“SVCC”) has given his written consent to a resolution adopted by the Board of Directors of SVCC to amend the Certificate of Incorporation so as to (1) effect a reverse split of the company’s common stock in a ratio of one-for-five; and (2) increase the authorized common stock to 10 billion shares. We anticipate that this Information Statement will be mailed on August 5, 2008 to shareholders of record. On or after August 25, 2008, the amendment of the Certificate of Incorporation will be filed with the Delaware Secretary of State and it will become effective.
Delaware General Corporation Law permits holders of a majority of the voting power to take shareholder action by written consent. Accordingly, SVCC will not hold a meeting of its shareholders to consider or vote upon the amendment of SVCC’s Certificate of Incorporation.
WE ARE NOT ASKING YOU FOR A PROXY.
YOU ARE REQUESTED NOT TO SEND US A PROXY.
August 5, 2008
Thomas Scozzafava
Chief Executive Officer
I'm thinking that I have finally arrived. I managed to turn 3 grand into 115.00 and just think didn't even have to have a reverse split. Thanks Tom! I don't think I could have done it without you!! Go gettem!!!!!
What do you expect to happen. The fact of too many shares isn't even debatable at this point.
please explain
Which way?
I'm not so sure about that. SWVC is starting to look like a duck trying to take off that is loaded down with lead.
Wealth what's his name was quoting Scottch Fix from another board.
If they don't it's all over.
I'll just say this. There were many who trusted Tom. My 3 grand has been reduced to 150.00. I know of several who were in at much higher levels and have lost a greater percentage than me.If you go back several months you will see they trusted as well. Not to long ago we heard Tom was a different kind of business man. Sounds a little like politics doesn't it. Well, guess what? At this point in time I'm having trouble trying to see how Tom has been different. Just wait till this thing reverse splits. My 150 will become either 15.00 or 1.50. At this point I've pretty well donated my 3 grand to Toms dream.
I've always wanted to retire rich. Wondering if I should liquidate my position before it goes much higher. You know what they say. Bulls make money and Bears make money. Pigs get slaughtered. I definitly wouldn't want to be a pig with my winnings here!!!
AWSOME. I can't wait!
OK LET"S TRY THIS WHEN I FIRST BOUGHT SWVC IT WAS WORTH .015 TO THE TUNE OF 300000 SHARES. MY INVESTMENT HAS NOW GROWN TO .0003. HOW MUCH HIGHER CAN IT GO?
Would the last one out please turn out the light? I'was worried about a reverse split. Now, I'm wondering if we could be around to have a reverse split.
That makes me sad. This deal boys and girls has gone south and shows no idication of changing any time soon. I had planned to average down but I don't think we've hit bottom yet. I would imagine it's gotten dificult for those that think highly of Tom to take. I think there should be some form of reconciation at some point in time but even that is starting to look questionable. It doesn't take a rocket scientist to figure out that for this thing to take off, at minimium a reverse split is in the works. I know what Tom said but you know, I haven't seen much evidense that what was said still holds true.