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Well, office is now closed, no more 8-Ks today. Expect a strong open, a dip near lunch and a moderate to high close (depending on PR or lack thereof) GLTA! Hook 'em Horns!
My original 1M was at .007. Sold at .042. Re-bought at .016 and happy as a clam. :) Hook em' Horns!
I was just checking through the symbols, only tried a sample of like 10 of them, but can't find any of them on the marker anymore. Did they bankrupt after these runs?
The meaninig of Life, the Universe and Everything.
Ask below the tick, headed down for a while.
I will put in a sell at $1.20 then :)
Is that the MILF gap up?
Kinda weird if you look at the chart. Almost every time it gets near the high, lots of buys, every time it tanks, lots of sells. Dumb traders.
Where are all these small trades coming from? Costs more to trade them than they sell for. /le sigh and Hook 'em Horns
If you get rid of the .php at the end, it will show up there about 10-15 minutes before it hits the website:
http://www.seawaycapital.com/news
GLTA
It would have to be a pretty quick PR cycle for that. We would need one today, then the 8-k tomorrow or over the weekend to make the October promise. In it for the long run, but would love to see some green :) Hook 'em Horns!
All aboard!
Oh, and Hook 'em Horns!
Today is one of the last chances to buy in below .03. IMHO GLTA! Oh, and HOOK 'EM HORNS!
Ok, reloaded the rest of my available. Go SWVC!
Wow, ask is already down to .40. Fun
Historically hasn't it gone down on every release?
Go SWVC! Oh, and why the hell are all the pllayers getting banned?
911 just went through too.
Right there with ya. TO DA MOON! Or at least to da bank. Place your bets now on if this one gets deleted!
Stevo51, you will be missed.
Somebody wake me when we hit.0031 again. It makes me giggle. Nah, nevermind, don't wake me up.
I gave you one, just for the hell of it. Or maybe cause my mother never loved me as much as Tom.
Ok, forgiven this time, but next time, it will cost you a 400% gain in one day. Got it?
You are late. And why are you riding in a Pumpkin?
Should make you look for it, but...Hook 'Em Horns!
SEAWAY VALLEY CAPITAL CORPORATION RELEASES ACQUISITION UPDATE
NEW YORK, NY, September 18, 2007 – Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC) chairman and chief executive officer, Thomas W. Scozzafava, issued the following update to its shareholders today:
Dear Shareholders:
I am pleased to update you on the progress of WiseBuys Stores, Inc. (“WiseBuys”), including its pending acquisition of Patrick Hackett Hardware Company (“Hacketts”).
As previously communicated, Seaway Valley Capital Corporation (“Seaway”) is expecting to merge 100% of WiseBuys Stores, Inc. into Seaway shortly. The recent modifications in the merger structure have necessitated an amendment to WiseBuys’ certificate of designation with the State of Delaware as well as a shareholder vote at WiseBuys, which has taken some additional and unexpected time. It should be noted that 81% of the WiseBuys shareholders previously agreed to the transaction when it was structured as a simple acquisition, and that 70% have already expressed their support of the revised merger structure because of its favorable tax treatment. We anticipate finalization these amendments and an affirmative shareholder vote at WiseBuys this month. Immediately thereafter, we will close the merger and trigger the release of the audited financials in the 8K. WiseBuys and its partners generated store-wide sales and trading revenues of approximately $12.5 million in 2006, and WiseBuys alone generated “Comprehensive Income” in 2006 of just under $1,000,000. In 2006, WiseBuys and its partners together generated sales per square foot of approximately $53 per foot on WiseBuys’ 190,000 square feet of sales floor.
In addition, WiseBuys is pleased to announce that it has received a commitment for sufficient financing to close WiseBuys’ pending acquisition of Hacketts. This financing will not involve the issuance of new debt or equity, but rather the sale of certain of WiseBuys’ non-strategic assets. Hacketts’ reviewed financial statements disclosed 2006 sales and earnings of $13.1 million and $141,000, respectively. These full year results include only about 45 days of operations in its newest store located in Watertown, NY, which opened in November of 2006. Hacketts’ sales per square foot average over $100 per foot on its 144,000 square feet of sales floor space. After completing the acquisition, WiseBuys intends to convert its stores to the “Hacketts” brand so that all 334,000 square feet of selling space is consistently merchandised and operated. Our intention is to close the Hacketts acquisition on or before November 30, 2007 and to invest aggressively in the growth of the Hacketts brand throughout the region.
Finally, many of you have asked whether or not Seaway will exclusively focus on supporting the growth and development of its retail investments during 2007 and 2008 – know that Seaway is currently evaluating additional investments and acquisitions in a diverse array of sectors. Our plan is to complete at least one substantial non-retail investment prior to year end.
I am pleased to be able to update you on these events, and I shall continue to update you with further developments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation was formed in 2002 and makes equity, equity-related, and debt investments in companies that require expansion capital and in companies pursuing acquisition strategies. 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, and manufacturing, and Seaway will also consider select technology investments.
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.
For more information, please contact:
Seaway Valley Capital Corporation
Email: contact@seawaycapital.com
Web: www.seawaycapital.com
Investor Relations:
Andrew Hellman
CEOcast, Inc.
Phone: 212-732-4300
Thank you God, and Buda. Buda, I rub your belly. God, I will go to confession next Easter.
OT: I will not mention names, but some stock that begins with a JM and ends with a CP be hurtin tonight. Ouch Ouch ouch ouch, (Pours lemon juice and salt on) ouch ouch ouch, ooo, (pours burbon on the salt) OUCH!
Wow, I got deleted :) There's a first. Also, seeing a lot of movement at the .027 marker, anyone seeing the L2 realtime?
A lot of trades below the bid. Wish they would quit playing with it. Tom, save us! Oh, and Hook 'em Horns (Even though it was a crappy game Saturday)
RALLY MONKEY!!!!!
I think that would be good. Give me a change to figure out what that bidwhackin dude is talking about. And why cartoons always only have 3 fingers, and who would buy a Star Trek Coffin.... Might take longer than 20 minutes.
Ok, no Star Wars Urns for me, reloaded @ ask. Welcome back to me! :) Hook 'Em Horns!
Well all, it has been a pleasure, and a fun ride. I am out for now, might reload at a future date, but have moved on to Star Trek Urns and Coffins. Who knew? Anywho, I will drop by and say hi every once in a while. Hook 'Em Horns!
Ok, been going through and doing some DD on this one. Couple of questions for the longs here:
Seen a lot of MM manipulation?
Does anyone know how much of the float is owned by people on the board?
Dat be all the questions for now, might buy this afternoon, perhaps Monday. Oh, and HOOK 'EM HORNS!
This board is no longer the #1 board, we are being beaten by a company that makes stuff for dead folks. Oh the irony.
Mine shows .0019 also. Wow.
Ok, not going to go back and look through thte rest of the 40,000 posts, so i will most likely be reposting this, so there. Oh, and WHAT THE BABY MEDUSSA'S HAIRY BACK??
z 0.032 2762 OBB 16:53:58
z 0.037 50000 OBB 16:52:52
t 0.025 4400000 OBB 16:07:30
t 0.025 9000000 OBB 16:07:30
t 0.0285 10000 OBB 16:03:49
t 0.029 25000 OBB 16:03:45
Oh, and Hook 'em Horns
Damn, did I have the super-hero in my grasp and then do the monologue of spelling out my devious plans? Shit, I always do that. Oh, and Hook 'em Horns!