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HOW WILL TOM S. CASH OUT ON THIS WHOLE COMPANY?????
How do you think TOM S. Cashes out of this in the future?
Where will that come from?
Thoughts are encouraged.
Viva
Excellent. I'll be more thrilled than most here when it does.
Hey I hope this takes me to an extremely early retirement.
ONE AND DONE BABY!
I hope Tom brings riches for everyone.
Hope so. Come a long way so far, but even the laymen know that CORNELL has to be dealt with and in my opinion been dealt with differently.
I strongly suggested on this board that it was a better idea to take cash (get a line of credit, bank loan from a local bank in upstate NY and Pay the 20% loan penalty and not let CORNELL dilute the hell out of this.
Many people on this board disagreed with me.
But as you see now, he should have listened to my suggestion.
548M shares and growing.
Paying the Interest Penalty would have been EASY and they would have been ELIMINATED.
VLV
So what sort of SWEET 8K is everyone looking for?
When?
Will the CEO of "HIS" company give us an all clear on the Cornell/Covertible Debt situation? Or think he'll omit that forever or never will be discussed?
Does anyone think the Outstanding Shares stay where they are now, or will we all be in for another increase?
Will the company buyback shares shortly or are we all going to have to live with 548 Million or more ?
Lets hear some real Numbers people are looking for, when they're looking for them, and what they expect to be Stuffed in this SHELL?
VLV
Hey when is that Shareholder Meeting again?
That said, I'm sure TOM didn't prep any of his other family members or good friends regarding the "Opportunity" on buying SWVC aka GSCR when it was WELLLLL SUB-PENNY.... right????? LOL
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Even if it costs thousands of money CEO should keep frindship and favors out of bussines. Period.
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Off to play Golf.
And NO TOM isn't ever invited to pollute my 4-some.
I'll be watching the price on my Cell Phone.
Get it Rolling!
VLV
For all "US" Longs. WE better hope Tom doesn't take his ball and go home.
This is still a Shell remember?
Then again it's only money.
Goodluck to the board today.
We're not getting all that, those were former deals I believe.
That's the CRAZY thing about this situation right now, WE DON'T even know what we may get and who we are!
When this clears the price could go up.
But not until.
DRAC really did attempt to do the right thing. He realized Tom had a huge oversight. In my opinion, he can't handle being told he did wrong. Thus "Baby".
Goodluck to us all, we'll need it.
VLV
REPTOS, it's DRAC you're talking about...
Get it straight.
Go SWVC!!!!
Domain could have been $0.00
Now it's going to cost a minimum of $1250.00
HOW IS THAT GOOD BUSINESS?
Sure it doesn't sound like much but it's wasteful.
When it didn't even have to be.
At this point I hope it costs SWVC about 100,000 to get it. LOL
What's the big deal right. At least DRAC would get a payoff.
He wasn't even looking for one....
But now that someone can't handle generosity aka a gift since it must have made him feel inferior because he might have forgotten one of the single most important Business steps in the Electronic Age... I hope DRAC holds the domain name hostage. LOL
That'll teach'em.
I'm not dumping. I'm holding.
As I always say, "Spot the FIX and Win"
Correct - What he should have is given Tom heads up about the domain name. He would have received a much nicer response in my opinion.
HE DID. Man, you guys/gals need to read closer!
It's probably the MOST ON TOPIC discussion this board has had. It relates directly to the CEO of the COMPANY!
NO Kid, that's Called FULL DISCLOSURE!
I think it tells volumes about what kind of person the CEO is.
I hope he makes me money, somehow, but I also NEVER WANT TO PLAY GOLF WITH THE GUY!
I have 12.9 Million. So my mouth speaks louder!
DRAC was even fronting Tom the $ that it cost to secure the Name in the First place.
TOM was the jerk here.
I'm guessing he couldn't handle an oversight.
That is what is going on here between DRAC and TOM.
DRAC offered it to Tom for FREE!!!!!
LOL, But he could have had Domain name for free but it's costing us $1,250.00 AT LEAST.
If you read, DRAC was going to transfer it over to Tom and SWVC FREE OF CHARGE. DRAC was willing to suck up the Laid out capital to Secure it.
However I think it made TOM look like he forgot to secure the domain name and his ego couldn't handle that for some reason. DRAC had even done this PRIVATELY, so no harm done.
TOM Chose the WRONG WAY of handling the situation.
It's cost US MONEY in my book and it shows he can't handle someone telling him, he simply forgot a detail.
What's that tell you?
That said, I'm long 12.9 M SWVC. I've got more to win/lose than most here. But it kinda shows how even a 'baron of finance' can be a baby.
VLV
I'm not too sure. You don't get something for nothing right?
TOM may, but I don't see us getting all of that.
If so SWEET but I'm not counting on it.
VLV
We're not getting that List of names into SWVC shell.
ARE YOU SURE THOSE COULD EVEN BE ADDED?
Isn't our Stock Name and Symbol SEAWAY VALLEY CAPITAL
and the website is
Seaway Capital, Inc. ("SCI") was formed in 2002 and makes equity and equity-related investments in companies that require expansion capital and in companies pursuing acquisition strategies. SCI also seeks investments in leveraged buyouts and restructurings. To date, SCI's management has invested in over thirty (30) growth and acquisition transactions.
Goodluck this week SWVC shareholders!
VLV
Figures released were for 2006 Revenues Correct?
I'm anticipating stronger numbers for 2007 since the Retail sector is off to a banner year around the country.
Nope, my guess is Tuesday.
Now that is interesting.
CORNELL is Toxic. Bottomline. We must get a completion Press Release. That alone should pull the lid off this Stock for good.
Since we haven't seen a CORNELL done PR-
Should we assume Cornell is still at work here?
GSCR had additional DEBT that Tom put out a PR regarding.
It was the little K.K. surprise subsidiary of GSCR debt.
Also Tom took over GSCR knowing of Cornell Debt.
What if the dilution was still CORNELL at play?
Or did Wisebuys have any Cornell DEBT?
Thoughts and discussion encouraged.
VLV
Fingers crossed for a Positive WEEK for SWVC!
That's a pic of the New Atlas Transfer Agent office in Port Henry, NY. LOL
Just kidding....
Looks like a Bank they're opening.
Powerade1,
That's the PROBLEM, WE DON'T KNOW.
What if those weren't WiseBuys shares?
And if they are, why aren't we getting any answers?
All I know, everyone on this board USED TO SAY, Tom always sits and talks to them and answers all their questions. Now however I'm hearing alot of: "He's not responding to my calls or emails, he used to."
Maybe it was BS that he used to, or maybe something else, I don't know. However the situation seems alot less clear to me right now.
Like I said earlier today.
If this was a NYSE stock I'd worry much much less about shares.
However, THIS IS PENNYLAND. When I put this investment on, SWVC seemed much more like a larger company than a lowly penny stock. However after the last delays, O/S share increase(s), and many more questions come up UNANSWERED by Lord TOM than the guy clarifies and answers, then I've taken issue with the situations that have unfortunately landed on our doorstep.
I have more to LOSE here than nearly anyone else on this board. I also have more to gain then.
However I need to make the proper choices.
I hope I can figure out the puzzle correctly.
VLV
Tom needs to explain DEBT and DILUTION before 8K comes.
You just can't wake up every 5th day and find out 30 Million more shares have been sold.
WHY? Not a difficult question. Just come clean.
What are SWVC's Shell Debts? Anything still left?
Are we close to total settlement on those covertible debts?
Hey maybe he should go to the HACKETT's Longtime BANKER and secure some Loans that are NON-Convertible.
Long wayyyyy too much of this for my own good.
Last 2 weeks have been difficult.
Hope the next 104 Weeks are Brilliant!
A less euphoric go seaway from VIVA at this point!
WE WANT ANSWERS SCOZZAFAVA!!!!!!
VLV
Tom must rebuild to 100% Confidence Level.
My personal feelings put that at about 60% right now.
Yeah you guys can blow smoke and say like Kevin Bacon in Animal House "All is well, Remain Calm" but I'm not buying it.
Too many BIG question marks. If this was a NYSE stock, I wouldn't care at all. But this is Bulletin Board stock right now.
I'm pulling for the guy for Millions of Reasons!
The last two weeks only shook my confidence, it certainly didn't build on what was a solid base.
Hope the guy comes through for all of his COMMON SHAREHOLDERS.
GLTA
VLV
Clearing fog of Debt&Dilution is CRITICAL.
Unless of course if it's intentional, then he won't say a peep. Lets hope that isn't the case.
I tell you this much. If he pulls any sort of shikanery the guy is HISTORY in the world of finance and done with the Securities business for life.
Need to Clear AIR about DEBT before 8K for the biggest bang for the buck.
Also DILUTION issues need to be addressed NOW TOM!!!!
If those issues are addressed and issues found to be okay, then 8K will stick (of course if it's a good one).
Do that due diligence. Comments encouraged.
VLV
Thanks. WE all could use a REALLY GOOD WEEK(s).
Time to get this show on the road.
GLTA
Hope next week we finally get to start our engines.
We need to create a higher base price.
The 2 cent area isn't at all exciting.
GLTA
NELLO, you ever coming back?
Nice charts from a previous post. Take a look. Maybe the Expert chartists can really get into the specifics.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22820161
Stoch. and MACD nearing turning points.
Interesting.
Consolidation at it's best. Gotta thin the herd to make money at the next Level.
That's what is going on..
do that due diligence.
GLTA
Crooked called today, said unchanged from yesterday's numbers when I had called.
Yesterday I posted that ( per Gwen at Atlas TA )
O/S = 517,734,957
Restricted Shares totaled = 21,046,884
If things have changed that's news to me.
Hope this helps.
GLTU