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just to clarify...cnd said "this week...after hours" not today
today?
who cares who it is
thats the most intelligent post I've ever seen on Ihub. honestly.
so many newbs get caught up in the mix of all this pump and dumb..bash and buy...all those little tricks...
DO YOUR DD thats all there is to it.
im not giving him help, but im just stating a fact that the ONLY person defending Drac is VIVA, who coinsendently has the SAME birthday as Drac. hmmmm, I KNOW Tom is a legit CEO and i know he can pull through this..and im glad he made the right decision.
whats your point?
great point.
Can someone please tell me what is going on with Dracula and the company? What I am getting is that Dracula registered the website and wont sell it to Tom? or what is the deal someone give me a clue about whats going on..TIA
wheres the monkey???!?!!
i think it better be by the end of the week or a lot of people going to pull out. end of story.
we set to run..i honestly hope is a jog..not a sprint..i like steady gains
so cornell bought, and dumped? or what are you saying?
show of hands 8k comes out tomorrow?
as the great saying goes
"hope for the best, but prepare for the worst"
i have been long here since june,im not hoping for the worst, but i will prepare for the worst, and when i mean the worst, im talkign about the PRO FORMA financials.
i dont know how many of you actually know what PRO FORMA means.
PRO FORMA can exclude ANY expense to the company.
Deffinition from WIKI
The pro forma accounting is a statement of the company's financial activities while excluding "unusual and nonrecurring transactions" (unusual and nonrecurring expenses) when stating how much money the company actually made. Expenses often excluded from pro forma results include company restructuring costs, a decline in the value of the company's investments, or other accounting charges, such as adjusting the current balance sheet to fix faulty accounting practices in previous years.
sure we will see 8k fins but those are the PRO FORMA fins, i wonder if regular fins are as good? thats the REAL question here
could be, hopefully we will find out this week.
yah im just pondering some ideas...part of it i think is Cornell. part acquisition spending
just to make a statement...
Tom owns 30% of GS-Agrifuels
as of 10/2006 ( i know a year ago, most recent i could find)
there were 28 million shares outstanding, Tom would own 8 mil of those. With a current price right now of .75 that would cost Seaway 6.3 million to buyout Toms shares.
i believe someone said that the current share structure is now up to 547, wasnt our share structure at 447 a coupel weeks ago? thats round about 100 mil, times that by .02 for low measure, thats 2 mil.
no what about that 4 mil we got from Stillwater? SUre thats going to be used for Hacketts..now what if we decided to use that for GS Agri instead, because isntead of the BUYOUT of wisebuys, no we have a MERGER...i dont know if im wording this correctly...but let me know if you have questions and ill try to explain myself better
now thats quite a dream there. hopefully your dreams become our reality soon enough.
no i have not spoke with Tom, but I know others others that do.
next week.
8k on Wednesday, just got a hunch
i want to repost this::
Posted by: kgeezy
In reply to: cjstocksup who wrote msg# 48561
Date:9/21/2007 5:58:28 PM
Post #of 48589
people people people...IF cornell was done, Tom would cut everything out of his work schedule and give a PR stating that there is no more debt. Do we have any PR of that effect? NO. Get real about dilution. Dilution due to cornell..sure, but we all expect that! Come on, Tom has a reputation to keep and by going back on his word would destory his rep. get real bashers and worry warts THERE IS NO, NONE, ZIP, NADA, NUNCA, ZERO,ZILTCH, AUGHT, NIL, NIX, CYPHER Tom Scozzafava DILUTION
END OF STORY
have a great weekend, see everyone on monday morning
i believe someone confirmed it being 544 mil.
people people people...IF cornell was done, Tom was cut everything out of his work schedule and give a PR stating that there is no more debt. Do we have any PR of that effect? NO. Get real about dilution. Dilution due to cornell..sure, but we all expect that! Come on, Tom has a reputation to keep and by going back on his word would destory his rep. get real bashers and worry warts THERE IS NO, NONE, ZIP, NADA, NUNCA, ZERO,ZILTCH, AUGHT, NIL, NIX, CYPHER Tom Scozzafava DILUTION
END OF STORY
have a great weekend, see everyone on monday morning
i expect everyone to have a good weekend, stay off the board, UNLESS there is a post tonight or this weekend. Please dont stress out about this week. Go have fun this weekend
im going to get blasted for this...
WiseBuys will be 100% owned by its public parent, Seaway Valley Capital Corporation, at the time of the WiseBuys-Hacketts closing.
Wisebuys-Hacketts deal has until Novemner 30. Where in the world does it say in this PR that the deal is 100% done? it doesn't. the deal will be completed by November 30..okay, that is another two and a quarter months for Tom to get the shareholder vote of Wisebuys up to 100%, or buy out the remaining shareholders that might be not agreeing to this merger.
I am long on this one, but come on people.. NO WHERE in that PR does it say "The merger between Wisebuys and Seaway is 100% complete" instead...it says "Wisebuys will be 100% owned by Seaway at the time of Wisebuys-Hacketts closing"
seriously, had me fooled. i was yelling at my browser for not being able to find it!
whats share count at today?
right now. nothing. when 8k comes out: Hopfully wisebuys.
it is a merger...not a buyout..get it right..you dont buy a merger..you buy a buyout.
people...please remember A LOT of people are thinking to themselfs as of yesterday "why have a bigger risk in the pennies" when they can get a huge run in the big board stocks. once that calms down..potential penny players will come back to see pennies are still a good play. Fed cut, kinda of messed us up. it is helping they sideline players that would have invested in in this, but now decided to play big boards.
i think they were focusing on other posters more than SWVC itsself if i read correctly in a post by one of the ADMINS
no...good luck to US
i want everyone to really think about this cliche saying and take it to heart/mind...
life is not a sprint...its a marathon
substitute life and put SWVC..
technically...they are on time with the financials, they never gave a date/time frame for the 8k..
take off your track shoes, put on some jogging shoes...and for heaven's sake...STOP WATCHING TIC BY TIC
Our plan is to complete at least one substantial non-retail investment prior to year end.
you make your own bets. my bet is with/on Tom.
Thomas Scozzafava, President and Chief Executive Officer
Mr. Scozzafava has over 15 years experience in venture capital and buyout investing and has extensive capital markets experience. In 2002, Mr. Scozzafava founded Seaway Capital Partners, LLC, an investment company that, among other activities, founded and financed WiseBuys Stores, Inc. Prior to founding his own firm, Mr. Scozzafava was a Director of Prudential's Merchant Banking Group where he helped find, evaluate, negotiate, and structure leveraged buyouts and investments of companies in industries that included telecommunications, media, business services, and manufacturing industries. Mr. Scozzafava also held a senior management position at Prudential's employee limited partnerships where he completed numerous venture capital and LBO investments. Prior to joining Prudential, Mr. Scozzafava was member of Lehman Brothers' Merchant Banking Group, where he analyzed leveraged buyout and growth equity investments across various industries. Mr. Scozzafava began his career with GE Capital Corporation, where he completed the company's Financial Management Program.
In March 2006, New York State Governor George E. Pataki appointed Mr. Scozzafava to the Board of Trustees to the New York State Power Authority ("NYPA"). Mr. Scozzafava also sits on the Governance and Audit Committees of NYPA, whose mission is to provide clean, economical and reliable energy while promoting energy efficiency and innovation. NYPA had revenues of over $2.5 billion in 2005.
Mr. Scozzafava received a Bachelor of Arts cum laude with concentrations in economics and mathematics with Honors distinction from Hamilton College in 1992. During this period Mr. Scozzafava held capital market positions at Tucker Anthony and Merrill Lynch in New York City.
AGRI FUELS. end of story, whether he holds onto right "before year end" or he makes a monster week this week. 8k tomorrow. another 8k the next day with Agri Fuels in it. all in his hands.
lets all just hope cdnkid is right and the 8k comes out tonight
Tom owns 30% of GS AgriFuels...he could easily roll that into Seaway