Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Go back to one of the first 8-K I remember seeing where Seaway has an intrest in Air Gas, that will be rolled into the company as well. I will check on it and find out which one it was.
Major that was funny LOL
Right, we took control on July 1st, Tom has cleaned up all the debt excluding Cornell and that is almost completed based on Fish calculations. The 10 Q is the formality that is required of GSCR because they were a fully reporting company. We only need concern ourselves with Cornell and things that happened after July 1st. PEOPLE DONT MAKE A MOUNTIAN OUT OF THIS MOLE HILL. Tomorrow if all the ignorant people in penny land panci and sell this down then you would be well advised to find every penny you can and buy buy buy it will be a bargin and wont last long. JMO TJG
I stand corrected again today, there was a PR concerning GSCR and it was the one that represented the closing of the coffin lid on a company known as GSCR and the opening of the door to a new and better company know as Seaway Valley Capitol Corp. Nice job Tom, you are a man of vision in my book. TJG
What happens here, ever now and then the drunks stuble into your cardboard box and wake you up. Then we get some negitive post from you about someone or something, try to join a discussion once and leave the personal agenda in the box. Yes we hit .0065 if we are lucky.
I think that no matter what he, Tom, does we wont know anything until after the name and symbol change. He is done I think with PRs concerning GSCR and all future information will come under the heading of the new symbol. I also concure with Easy Way, if we are profitable, and good God why would Tom go to all this trouble being a CFO if he did not know already that the Wise Buys and Hacketts were profitable, we will start moving up even with a O/S of 500 million. JMO of coarse. TJG
Anyone interested in how gross profits are achieved and how they effect a store / company should read this article.
www.the-retail-advisor.com/pdf%20files/Planning%20for%20Higher%20Profits.pdf
Major your post 13975 gross profits are good, but the difference between gross profit and net profit is this..
Retailer buys a hammer, pays 1.00 for it, sells it for 1.50 the difference is his gross profit of 50 cents. From the 50 cents he pays his bills. After paying the fixed and variable expences he has his net profit left. Which means he may keep about 1 or 2 cents of that 50 cent gross profit. Hope that helps some TJG
In my post I believe I have made an error on the fact that Wise Buys sells food. I thought I read that, but see now that they do not. Thanks Major, and sorry for the miss imformation on that front.
After reading the posts I think a little Retail Reality is in order. Retail stores do not make the kind of profit some of you may think. What drives up the profit average is the fact that most people include all retail aspects into the equation. What we are in is called hardgoods and food. Wise Buys carry's a line of food as well as other products. Hacketts is in the hard goods line. Clothes, tools, house wares et. 30 years in grocery management and I can tell you this for a fact, supermarkets make on average 2 cents profit on the dollar. Remember from that dollar you pay, rent, wages, insurance, cost of goods, electrical, and maintenance, you have what is called fixed expences and variable expences. With 8 years experience in mamagement at Sears I can tell you that hard goods stores like Sears make about 8 to 10 cents profit on the dollar. Sears was and is the number one seller of Appliances in the world, selling more then Home Depot and Lows combined, they sell more tools then Home Depot. But the other products in the mix bring the gross profit down. So you can not do the kind of gimmick you talk about as they effect the bottom line directly. How you beat the Wal Marts is with these things.
1. Service...Wal Mart sucks at service. Service is the number one reason in surveys why customers shop at a store.
2. Selection, varity made Wal Mart...one stop shopping is very key to being successful
3. In stock...never ever be out of a advertised item..aka KMart went in the dumper becasue they never had what they advertised.
4. Clean stores, number two reason why people shop a store.
I can hear you all saying Price, where is price. Price does not even make the top five in retail surveys...why, all stores know what the other guys charges so price is alway close
5. Close to where they live....gas has made that a top five responce by customers. Trust me Tom has all of these covered and that is why Wise Buys Hacketts will successfull, not with gimmicks that cost all of us on the bottom line.
Bid .006 ask .0064
I think the only release that would help the cause is if they gave the dates for the financials now. That would kick the PPS up and then when the name change and symbol change came, they release the financials and that would give a boost to the new name and symbol....so you get two hits out of the same PR so to speak...other then a financial date I dont see any thing coming either.
Right sir, press does not follow a name change or a symbol change.
Well Major, as you can see, I posted some news of Level II moving and what do I see in return... a trip down Fenway memory lane...I"ll come back when the investors arrive.
Morning All
Level II just made its first move up ward
Bid .0060
Ask .0062
On your mark, get set , GOOOOOOOOOOOOOOOOO
Hey Lizard, since you were making the prediction of an explosion, can you tell me what you based it on. Was there something informational we missed or was it the good ol gut feeling. I prefer that it was on something factual but I do trade on gut also at times.
Gotta say you are very astute today Major, and what is with all of this wait till three, man it like daddy is bringing home McDonalds for the first time... PPS will react to the news not the wim of a message board.
I emailed the company on the contact email address and they told me it was not their site being constructed.
This was bad information there is NO NEW WEB SITE being constructed...Very sorry for the miss information to all of you.TJG
Good Morning All
Had this brought to my attention, dont know if any of you have seen it or not, but here it is anyway
www.seawayvalleycapitalcorporation.com
Hey Fed, I for one will just be watching from the sidelines until you or someone can get the "1984" big brother/sister off of the delete button. It is a bit assnine for a message board to have the amount of deletes we have had today. Message boards were generated to give posters a place to express their opinions, and like someone said most deletes have not been offensive, just against the deleaters point of view. There are hundreds of boards we can all go to. And let the mods and asst mods remember, this site gets its revenue from adds, and that is based on the number of posts, keep up the deletes and that number will go down. The censorship will turn around and bite the hand that feeds it. JMO of coarse
CD you are a man who knows how to write a post, nice, very nice job. You get the Gold Star for the day. Thanks man or is it DUDE, I'm not very hip these days I guess.
Ok "Dude" do you have any idea what it costs to open a new store? Do you have any idea what it costs to buy an exsisting store and turn it into your format? And yes I do, over 35 years experience in retail and I have opened and remodeled more stores they you have women. So we have been told that Wise Buys / Hacketts wants to add ten new stores in the very near future..that 500k means we will have to open or remodel 9 /12 stores...Oh shit we'er broke, we are completly out of money. In the business this company is headed for 500k is nothing, in the long term..that is what you have to think of when you think of this company long term Dude
This is going to be a long day of listening to the crybabies whine about how they got duped. Look Red, TG, PF, and the rest of you complainers, what Tom has shown once again is that there is transparency in this stock. It can be disputed as to weahter Seaway was accountable for the 480K debt, but I think Tom chose to take the debt,deal with it and have it cleaned up before we get rolling as Seaway Valley Capitol. In the grand scheme of things folks who are playing this as a future big hitter know that less the a 1/2 mill of additional debt will not cripple this stock. You flippers and wana be rich clods will find your game plan a little tilted perhaps by this move, but who cares not many on this board thats for sure. Red you want us to see you ar 4 pm, well how about you leave and come back and see me and the rest of us on Sept. 30th, and then lets see who has the most money. But I'm sure that when we start to move up the ladder you and the rest of the doom and glum boys will be the first with your WEEEEEE YAHOOOOO were moving now posts. JMO though.
Cargo I think you have hit the nail on the head with the fake wall. MM ARCA has it there because they are not quite ready for this to go to .0070 and beyone just yet. Not until first of next week do we move to 007's. So Viva you can start jumping up and down about being right on how we would not close above .006, except you had absolutly no tech. reason for it, just the ranting of a I wanna be rich kid who know nothing about what moves stocks and what doesnt. JMO, and yea yea you got 9 billion shares and can say what you want...bla bla bla I do what I want.
You got it Easy...I would love to have a web cam and look at the faces of all the I NEED MY MONEY RIGHT NOW PEOPLE..Bet they are scrambling now to have fewer shares then they had..Also some of them may have followed Lowtrade in his advice, if so guess who bought all those .005 shares you all sold...I will give you a hint his name is the oppisite of high and keep your stuff....its Lowtrade he bought all your .005 shares he conned you into buying..nice job sellers nice job.
TG I dont want to be rude but you are like a guy who looks out his window and sees smoke then says...My sources tell me that there will soon be a Fire. You put stuff out after the fact, the bid had moved to .0055 and the ask to .0058 then we get your words of wisdom..you need to be quicker like G Fish, lets see G Fish is James Bond and you...you are Maxwell Smart.Ha Ha just having some fun with you kid.
Oh by the way we are moving up Bid is now .0054 ask is .0055 just to stay on point
Son the term Real Army had nothing to do with how a person was treated or how they were thought of. Unless you have been there you dont and most likly wont get it. When I sat behind a 50 caliber looking out the door of the slick I was in, I did not take inventory of who was in what group. We used it, that term, as a conversation piece...like this.."Look pal dont you complain you joined this mans army, they came and got me kicking and screaming...that would be the draft board came and got me...you see it ID us as someone who joined or someone who got drafted no more no less. Hope that clears it up for you a bit. When they got rid of the draf that saying became obsolete.
You the man Major, and keep your head down so we can keep this conversation going well after you get back home. I do salute you, both as a Army officer and a person...thank you for your service...dont get me wrong I do like bugging you its what us Real Army* NCO's do for fun you know.
*Real Army..term used during the Viet Nam war for drafted personnel. Not enlisted or National Gaurdmens called up for duty.
Hey Major your cluster is a bit to tight, the women and baseball part was a joke. The part about the informed research that some of you post and the charts that we get,that is what should be posted here, not the I love to see my money go down the drain shit. Also you sir need to start talking to people like they are people and not like you are some high and mighty US Army officer and the rest of us are just ignorant enlisted personell...you sir are beginning to piss me off and you need to be carefull about doing that. LOL
How about women, I like women and I like talking about this stock, but not the constant how come we dont move, we should be up, I want my mommy, I like it when I read whey you or cdkid or any lowtrade give out good researched information, intelligent conversation, not all the whinning that goes on. Also I like to talk base ball, you all think Bonds is ligit or should there be an astrisk. Thats what I like to talk about Major.
Good Morning All:
I am not sure how many of you have been investing in penny stock or sub penny and for how long. I can tell you that a lot of you by your whinning post have not done it successfully for very long. Here are the reasons why we are not moving in my opinion, and its based on years or penny stock trading at a profit.
1. There are hundreds of penny traders that dont know what DD is and how to do it. Those traders dont trade us because THEY dont know we are still not GSCR..you see they do DD based on the symbol and they dont understand what is happening with it. Look at how many of them have showed up here and start with question about GSCR from six months ago.
2. Good penny investores that did not get in on this when the 06 run happened are sitting on the side line and waiting for the name and symbol change. They also want to make sure this is not another ECFL, or GBDX or CYKS or PAIM (which finally move after 12 months) they want to see that its REAL
3. Financials, when they come out the investores will come out of the wood work, O/S and float wont mean a damn thing. Any of you ever hear of Revlon, they make cosmetics, they have a O/S of 200 million went from $60.00 PPS to below a buck. They are up this morning because they cut loses from 20 cent a share to 2 cents. For the good investors the ones we want here its about money. Financials will cure that
4. No good investor that has heard of us after the 06 run up is going to get in until thoes three things happen and the last and most important thing...Cornell is done. Look people with money could care less if they can get in at .0050 or .01 get a grip people, big investors dont worry about a lousy 1/2 cent when they want to invest large amount of money. You all act like if you just discovered this company the day it hit a penny it would be to expensive for you to buy in. Shit stop all of this crying over nothing, we are still not a real company, no new symbol no new name no financials...just a bunch of potential, and guess what all of the buyers who buy on potential are in now, that us, the real money will come when the stock proves ITS REAL. Get a life some of you.
If all of you are going to complain so much why aren't you hitting the ask, If you think this is such a bargin basement price hit the ask, if you think its going down and you just cant stand to see it happen hit the ask , or I know why not just quit being such whimpering little fools and be patient.
oh and you forgot to say...and no one cares if Im having a bad day! LOL LOL
Seagate, you know the sister company to Seaway. LOL
No there will not be a trading halt, name changes and you can trade the next day. Only time trading is halted is when something effects the share count in your account. Like a forward or reverse split. Oh and if a company has some legal issues, but not from a name or symbol change.
Easy Viva, it will happen, remember none of what has happened has anything to do with Money, and money talks and B.S walks. What Tom is doing is building his credibility with investors by following up with what has been stated in SEC filings. He stated that the name and symbol change were filed with the proper organizations and now he is following up with that. I agree with Steve the symbol will follow shortly after the 16th. What will then move the stock is the financials and those will follow the name and symbol. I think if I was Tom I would want that good news to come out under the name of the company I founded...Seaway Valley Capitol...not under a name that carries a lot of old and bad feelings toward it..GSCR..I for one will raise my glass of Wild Turkey on the 16th twice once for the dimise of GSCR and once for the birth of SEAWAY VALLEY CAPITOL.
OTCBB, OTCBB was started by the Nasdaq I am pretty sure, but could be wrong.
Just so I can understand your mentality, you believe he is a paid pumper, and you dont trust him,butttt you want to know his share count because you would believe that statement. Do you go back a degree in ignorance or are you still taking classes.