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chucky-g........Not true, nobody can lose that kind of money and be happy. Its lost on paper, thats for sure, but I will not be selling.+ Money I set aside to purchase swvc is now gone, we are trading in the .000's and I have no cash to average down, It would have been nice to go long at these levels instead of where the majority of my position was purchased, but that is not the case. I have to get some sleep~goodnight.
@Disclaimer I****M***H****O
chucky-g........You may be right, but someone like myself who has 175k invested in swvc and has next to nothing left(% wise) is not too happy as of today. I will NOT be selling, maybe that is all that counts in the end. off to bed~goodnight
@Disclaimer I****M***H****O
chucky-g........sf=scotchfix~Remember do not take anything that I post as a recommendation to buy or sell any security. Do your own Due Diligence before making any investment decision.
@Disclaimer I****M***H****O
This 134,600,000 warrant at .01 is the thank you from Tom for the bridge loan of $3 million YA gave to Tom while he went through the restructing of the businesses.~sf
YA has a warrant for 134,600,000 shares at .01. If the share price goes to .07 they stand to make a profit of approximately $8.2 million. They will sell those shares into the market on the run so their final profit may be higher or lower based on the momentum the stock has at that time. If they hold these warrant shares and take the negative approach of shorting the full escrow amount of 800,000,000 million shares, from the current level of .0065, to .002 they will profit approximately $3.6 million on the short sell but at the same time make their 134,600,000 warrant effectively worthless. YA won't let that happen. This would be like looking a gift horse in the mouth! The difference of profitablity for running the stock for the benefit of the warrant shares versus shorting the full 800,000,000 escrow shares, as a few have illuted to, is approximately $4.6 million. It is much easier for them to sell 134,600,000 shares into a run than it is to convince the investing community to purchase 800,000,000 shares as the stock price would continue to deteriorate therefore creating less of a demand for buying the stock. Remember they do not make a penny until they can get a buyer to buy their short sell.~sf
@Disclaimer I****M***H****O
chucky-g........Very good post!
YA has also agreed to a 134,600,000 share warrant at .01 which is a non cash exercisable warrant but can only be converted at .01. This was the 'thank you' warrant for YA taking all the debt from the Commonwealth Bank to allow Hacketts to use the $5 million fully from Wells Fargo.~sf
Now for the most interesting part! Based on my research YA will NOT be looking at taking down any stock on the more than $3 million CD debt. As I understand it, YA and Tom agreed to the "Thank You" warrant of 134,600,000 share non cash warrant at .01 to not take down any more shares of the CD debt but to allow adequate time for Tom to pay the CD debt off in cash! With the increase in intrinsic value of the assets and subsequent share appreciation value of SWVC, YA will be able to sell the 134,600,000 at much higher levels than the conversion price of .01! The CD debt will be paid off by funds accumulated by a Limited Partnership offering through the Real Estate company just recently created. The collateral of the Limited Partnership is the current Real Estate holdings and future real estate assets to be announced. Also, the company will use any additional proceeds to this offering for a share buyback and future real estate investments.
YA currently stands to make much more money on the 134,600,000 non cash warrant at .01 than they would taking down shares on the CD debt and devistating the share price and more importantly the interest of the investing community. If they have 800,000,000 shares and can't sell them, then they are worthless. That is why YA was given the 134,600,000 non cash warrant at .01 per share conversion, IMHO. YA knows this stock will be worth much more than .01 per share in the future. An absolute winfall for them as a thank you from Tom for helping him out! When looking at this entire 8K filed the one thing that stands out more than anything is the 134,600,000 non cash warrant at ".01"!! Seemed very, very odd why YA would agree to this if they were going to drag the company down. That is where my research started.~sf
Current YA debt summary
Debenture # CCP1 = $150,000
Debenture # 5-1/A= $375,000
Debenture # SWVC5-2 = $175,000
Total of RENEGOTIATED CD's = $700,000
New Debenture SWVC-6-1 = $2,249,073.08
This is the new debenture to eliminate all debt from Hackett's so Hacketts can use the full $5 million line of credit for expansion from Wells Fargo. (Intrinsic value increase for shareholders)
All of the above CD's have a conversion rate of the lessor of .01 or 75% of the lowest 5 previous days pricing to conversion date.
YA has also agreed to a 134,600,000 share warrant at .01 which is a non cash exercisable warrant but can only be converted at .01. This was the 'thank you' warrant for YA taking all the debt from the Commonwealth Bank to allow Hacketts to use the $5 million fully from Wells Fargo.
Also all these CD's are payable in cash at a 20% penalty premium but the price of the stock MUST be below .01 for the CEO to pay any of it off.
There is an agreed escrow of 800,000,000 shares to cover the entire debt owed to YA. This does not mean these shares will hit the market. These shares are set aside as collateral in case the debt does not get paid back or if YA elects to take down some of the debt in shares. They want to be guaranteed the shares are there in case they do want to take it down fro debt repayment.
With the current debt owed to YA of almost $3 million (this makes Hackett's/Wisebuys debt free) and at an 800,000,000 share escrow, the minimum the stock price can go for YA to break even is .00375 which YA will never let it get to because they at that point will begin to lose money which they just don't do.~sf
There is an agreed escrow of 800,000,000 shares to cover the entire debt owed to YA. This does not mean these shares will hit the market. These shares are set aside as collateral in case the debt does not get paid back or if YA elects to take down some of the debt in shares. They want to be guaranteed the shares are there in case they do want to take it down fro debt repayment.~sf
rpt........I just gave you 5 Press Releases, none of which have anything to do with BEER. "Intrinsic Value" is what we are witnessing, The share structure is fixed after the business is built, after all when has it ever been the other way around? Have a good evening.
@Disclaimer I****M***H****O
Hackett's to Open New Store in Sackets Harbor
Monday May 12, 9:00 am ET
Mid-June date targeted for opening of Hackett's tenth location
OGDENSBURG, N.Y.--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) today announced that its wholly owned subsidiary, Patrick Hackett Hardware Company (“Hackett’s”), will be opening a new location in Sackets Harbor, NY with a targeted opening date scheduled for mid-June 2008. The company’s tenth store will be located at the site of the former Harbormaster and Smokehouse restaurants on West Main Street and will carry an assortment of clothing, footwear, gift, and select specialty food and beverages.
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“After the merger with North Country Hospitality we began exploring the possibility of a smaller, boutique Hackett’s for the village of Sackets Harbor,” stated Norm Garrelts, President of Hackett’s. Mr. Garrelts added, “Although we certainly anticipate some seasonality that is commonly associated with Sackets Harbor, we also felt that there was perhaps more year-round retail potential there than people may appreciate. Sackets has become a regional destination spot based on its charm and fine restaurants, and Hackett’s hopes to offer a pleasant retail addition to complement all of what the village already has to offer.” Hackett’s carries brand name clothing such as The North Face, Columbia, Royal Robbins, Patagonia, Horny Toad, Woolrich, Fresh Produce, and Life is Good, as well as footwear with brands such as Teva, Merrill, Reef, Born, Dansko, Crocs, Keene, Columbia, Skechers, and Doc Martens.. Hackett’s also carries a variety gift lines from companies such as Vera Bradley, Yankee Candle, Beanpod, Crabtree & Evelyn, Tag, and Demdaco, The specialty food lines will include Stonewall Kitchens, Southwest Specialty Foods, Republic of Tea and many other North Country favorites.
@Disclaimer I****M***H****O
Seaway Valley in Talks with Area Retailer
Monday June 23, 9:57 am ET
Company would closely complement current retail and consumer product holdings
GOUVERNEUR, N.Y.--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) today reported that it is currently in discussions with an area retailer for possible acquisition. The company, which has and has had locations in various northern and central New York markets, generated approximately $15.2 million in revenues and income before taxes of over $500,000 in calendar 2007.
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Thomas Scozzafava, CEO of Seaway Valley, stated, “If this company is, indeed, acquired, Seaway would be getting with it a proven operator with track record of success.” Mr. Scozzafava added, “Additionally, this particular business type would very much complement both Hackett’s and certain business lines recently acquired in the North Country Hospitality deal. And although there is a desire to keep the details confidential at this juncture, hopefully we can release more definitive information shortly.”
Seaway Valley in Discussions with Metro Restaurant for Possible Acquisition
Friday June 6, 10:40 am ET
Management looking to expand restaurant group outside northern New York
WATERTOWN, N.Y.--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) today announced that it’s wholly owned subsidiary, North Country Hospitality, Inc. (“NCH”), owner of Good Fello’s Brick Oven Pizza and Wine Bar, Sackets Harbor Brew Pub, The Cantina, and Sackets Harbor Brewing Company, has begun preliminary discussions with the owners and management of a restaurant in a metro area in New York State. The discussions, although preliminary, are aimed at finding opportunities to strategically expand the North Country restaurant group outside the region, and areas targeted for expansion include Albany, Syracuse, Rochester, and Buffalo. This particular restaurant, which this year expects to generate about $1.8 million in food and beverage revenues, is in one of these targeted markets.
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Christopher Swartz, President of NCH, stated, “We feel that the timing is right to begin aggressively seeking opportunities to take our current concepts – or to acquire others – outside the region so that we can gain a greater overall market share by being exposed to a greater number of consumers.” Mr. Swartz continued, “And although these discussions with this particular restaurant are just beginning, they represent the posture of the company.”
About North Country Hospitality, Inc.
North Country (www.northcountryhospitality.com) was formed to develop or acquire and operate regional lodging, restaurant and recreational venues. North Country also seeks to acquire or develop strategic consumer products that complement its core hospitality businesses and that can be positioned for growth outside the region. The company’s current holdings include: (i) Sackets Harbor Brewing Company, which develops, produces, and markets micro brewed beers such as the award winning “1812 Amber Ale” and “Railroad Red Ale” as well as “Thousand Island Pale Ale”, “1812 Amber Ale Light” and “Independence Wheat” specialty beers; (ii) Sackets Harbor Brew Pub, which is an operating “Brew Pub" that produces its own line specialty beers on site while also offering fine dining; (iii) Goodfello’s Brick Oven Pizza and Wine Bar, which specializes in excellent-yet-affordable Italian food; (iv) Sackets Cantina Sackets, which offers a traditional Mexican menu; (v) five Jreck Subs Franchises (www.jrecksubs.com), which serves a variety of hot and cold sandwich choices, and homemade style soups; and (vi) Alteri Bakery (www.alteribakery.com), which serves the region with the finest "true" Italian breads and specialty pastry items, such as cakes, cookies, muffins, bagels, and specialty gift baskets.
Hackett's in Discussions for Possible Two New Locations
Tuesday June 3, 10:51 am ET
If consummated, new locations would represent start of expansion beyond region
OGDENSBURG, N.Y.--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) today announced that its wholly owned subsidiary, Patrick Hackett Hardware Company (“Hackett’s”), is in discussions with representatives for two new possible Hackett’s stores – both outside the seaway valley corridor. If either lease is consummated, the stores would represent Hackett’s initial push outside the region. Both potential locations, which remain confidential during discussions, would represent large store formats of between 20,000 and 40,000 square foot venues.
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Hackett’s (www.hackettsonline.com), one of the nation’s oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett’s carries brand name clothing such as The North Face, Carhartt, Columbia, Royal Robbins, Patagonia, Horny Toad, Woolrich, Fresh Produce, and Life is Good, as well as footwear from Teva, Merrill, Nike, Reef, Born, Dansko, Crocs, Keene, Columbia, Skechers, and Doc Martens. Hackett’s also carries a variety gift lines from companies such as Woodstock, Lang, Yankee Candle, Beanpod, Danielson Design, Tag, and Demdaco. Specialty food lines include Stonewall Kitchens, Southwest Specialty Foods, The Well Dressed Food Company, Robert Rothchild, Republic of Tea and many other North Country favorites. Hackett’s full service True Value hardware department features traditional hardware, tools, plumbing, paint and electrical departments.
Hackett’s recently announced that it will be re-opening the former Canton WiseBuys on June 14th and will be opening its tenth location in Sackets Harbor, NY with a targeted opening date scheduled for June 2008.
Hackett's Sees Continued Strong Sales After New Canton Location Grand Opening
Wednesday July 2, 9:59 am ET
After opening weekend sales trending significantly higher than when WiseBuys
OGDENSBURG, N.Y.--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) today is pleased to report that the grand opening of the Canton location of wholly owned subsidiary, Hackett’s (www.hackettsonline.com), was a great success with sales continuing to remain significantly higher since. The grand opening weekend saw over 1,400 transactions totally over $47,000 in sales. Average weekly sales since the grand opening have been about $63,000 per week, which compares well to the average sales of $21,000 per week that both WiseBuys and the smaller Hackett’s were doing on a combined basis prior to the transition.
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Norm Garrelts, President of Hackett’s, stated, “We were very excited with the opening results of the new location, and considering that Canton usually picks up in the fall as students return to the two colleges here, we are even more pleased.” Mr. Garrelts added, “We expect the summer sales to slow somewhat with average weekly sales probably settling in at $50,000. After the students return, we would expect a fairly significant jump. Either way, sales have more than doubled what WiseBuys and the closed Hackett’s were doing together, which is about what management has been expecting after each WiseBuys transition.”
The new Hackett’s Canton location has a full service True Value hardware section, men’s, women’s and children’s apparel and footwear, home décor, gifts, sporting goods, toys, and seasonal items. The Canton location also leases space to Payless ShoeSource.
Good week, better days ahead.
Somebody owns alot of "SWVC"!
This is going to get FUN!imo
cdnkid10........True.
Here we go, Today Seaway Valley announced they were in "negotiations" with another $15,200,000 million dollar "Retail" company that would essentially on the books be equivalent to another 5 "Hacketts" stores based on pro-forma revenues of 36,000,000 for 9 "Hacketts" Big-Box stores. :Quote "Today reported that it is currently in discussions with an area retailer for possible acquisition. The company, which has and has had locations in various northern and central New York markets, generated approximately $15.2 million in revenues and income before taxes of over $500,000 in calendar 2007."
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Now onto the Math;
Hacketts announced that 36 million in revenue would be coming from 9 Stores this year(36/9= $4,000,000 per store average Revenue)
(“Hackett’s”), is in discussions with representatives for two new possible Hackett’s stores – both outside the seaway valley corridor. If either lease is consummated, the stores would represent Hackett’s initial push outside the region. Both potential locations, which remain confidential during discussions, would represent large store formats of between 20,000 and 40,000 square foot venues. ($8,000,000 Revenue)
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) today announced that its wholly owned subsidiary, Patrick Hackett Hardware Company (“Hackett’s”), will be opening a new location in Sackets Harbor, NY with a targeted opening date scheduled for mid-June 2008 ($3,000,000 Revenue)
In April 2008, Seaway merged North Country Hospitality, Inc. into a wholly owned subsidiary in an all stock transaction valued at $11.7 million, bringing to Seaway Valley additional assets of approximately $13 million and pro forma revenues of approximately $6 million. ($6,000,000 Revenue)
Seaway Valley in Discussions with Metro Restaurant for Possible AcquisitionThis particular restaurant, which this year expects to generate about $1.8 million in food and beverage revenues, is in one of these targeted markets. ($1,800,000 Revenue)
Today reported that it is currently in discussions with an area retailer for possible acquisition. The company, which has and has had locations in various northern and central New York markets, generated approximately $15.2 million in revenues and income before taxes of over $500,000 in calendar 2007."($15,200,000 Revenue)
One regional retailer, One regional retailer and wholesale distributor, One national consumer products company "Aggregate revenues of all three are projected to be in the $22-$24 million range for 2008." ($24,000,000 Revenue)
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Final Tally:
12 Hacketts "Big-Box".. Locations_$47,000,000 Revenue
Bakery/Brewery/Jreck. Locations_$06,000,000 Revenue
New "Retail Company". Locations_$15,200,000 Revenue
Pending "(i)(ii)(iii)....... Locations_$24,000,000 Revenue
Metro Restaurant acq.. Locations_$01,800,000 Revenue
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Yes Folks, That is $94,000,000 Reveune Per/YR
Known assets total $31,000,000 Closed Deal
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Grand Total After 1 Year in "Business" if all the above deals close.
_Enterprise Valuation = $125,000,000 Million_
_Current Market Cap.....= $1,600,000 Million_
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texasholdem........Cant post the o/s without business activity#'s.
<font color=#006400>~***LATEST AND GREATEST***~
SEAWAY VALLEY CAPITAL CORPORATION
- Seaway Valley in Talks with Area Retailer - Retailer has generated approximately $15.2 million in revenues and income before taxes of over $500,000 in calendar 2007.
- Seaway Valley in Discussions with Metro Restaurant for Possible Acquisition - Management looking to expand restaurant group outside northern New York - Particular restaurant this year expects to generate about $1.8M in revenue.
- Hackett's in Discussions for possible two new store locations - new locations will represent the start of Hackett's store expansion outside of the region.
- Seaway Valley's Brewery - Sackets Harbor Brewing Co - "War of 1812 Amber Ale" growing at a very fast rate in select markets.
- Seaway Valley is examining ways to push the Jreck Subs brand into new markets.
- Seaway Valley will create three to six new Jreck Subs locations this year and 10 to 12 total through 2009.
- Seaway Valley is starting expansion of Good Fellos with one other restaurant - if that proves successful, the company will push forward with five to seven more restaurant locations over the next two or three years.
- Hackett's to Open New Store in Sackets Harbor - will represent Hackett's tenth store location.
- Hackett's Launch New Advertising Campaign - Advertisements focus primarily on Hackett's premium clothing, footwear, and gift lines.
- Hackett's Founders and Former Ames President and CEO, Joe Ettore, to lead Hackett's Advisory Board - Board consists of Juliann Hackett Cliff, Patrick Hackett, Jr., Norman Garrelts, Christopher Swartz, and Joseph Ettore.
- Seaway Valley has added Four RadioShack Stores to its Portfolio - Continues To Acquire Additional Outlets
- New Seaway Valley VP of Advertising and Marketing - Jamie Mayer - Owner of Infinite Media of Watertown, NY
- Hackett's Launches New Website - Will Soon Include Online Ordering - http://www.hackettsonline.com
- Committed Plan To Increase Shareholder Value - http://www.seawaycapital.com/news/News_Release_04-29-08.pdf
- Seaway Valley Capital and North Country Hospitality Merge!
- Seaway Valley has grown to an entity with some 600 employees and projected/potential annual revenues approaching $100M
- Christopher Swartz joins Seaway Valley as its Chief Operating Officer.
- Seaway Valley Forms Real Estate Management Division - Seaway Realty
- Seaway Realty Looks To Acquire or Develop Other Commercial Real Estate Projects.
- Hackett’s working capital needs funded through 2008.
- Company debt consolidated into restricted CDs - strategic move by the CEO.
- Payless to remain at former WiseBuys Stores - premium branded alternative offered as well.
- $5M financing agreement closed with Wells Fargo - funds to be used for store conversions and store expansion.
- All Legacy Convertible Debentures Have Been Satisfied!
- Seaway Valley is in preliminary discussions with three other acquisition/investment candidates with aggregate revenues of all three are projected to be in the $22-$24 million range for 2008.
- Seaway Valley is a company that will aggressively explore value enhancing strategies such as parent debt reduction, share buybacks, and/or dividends.
- Current restructuring of "WiseBuys" stores into "Hacketts" stores.
- Total 400,000 square feet of retail space filled with things people want to buy.
- Hacketts’ Phase I goal - prudently but rapidly expand its presence to 25 to 30 stores with revenues approaching $100 million.
- Hacketts’ “Black Friday” sales increased almost 60% over prior year results.
- Hacketts’ annual sales rise 12.5% in 2007!
- Seaway Valley Fund, LLC, (SWVC's internal bank) - respectively produced net earnings of $3.2 million dollars during 2006-07.
- CEOcast ads telling the world to look at SWVC.
- A CEO who provides timely updates to include shareholder letters and filings.
- A CEO that thinks and plans long-term to include a possible listing of this company on the AMEX or NASDAQ.
- A CEO appointed by the New York State Senate to the New York Power Authority's Board of Trustees
- A ton of analysis supporting a positive outlook.
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This list below of the company's expansion holdings is only going to get LONGER....
- 1: Hacketts ~ 9 Locations ( 3 in the "Pipe" ) http://www.hackettsonline.com/
- 2: Jreck Subs ~ 5 Franchise Locations ( More Coming) http://www.jrecksubs.com/
- 3: Radio Shack ~ 4 Franchise Locations http://www.radioshack.com/
- 4: Payless Shoes ~ 4 Franchise Locations http://www.payless.com/
- 5: KB Toys ~ 4 Franchise Locations http://www.kbtoys.com
- 6: Sackets Harbor Brewing Company http://www.abccreativegroup.com/optimized/main.html
- 7: Sackets Harbor Brew Pub http://www.1812ale.com/brewpub.html
- 8: Goodfello’s Brick Oven Pizza and Wine Bar ( Franchised ) http://www.1812ale.com/goodfellos.html
- 9: The 1812 Station House http://www.watertowndailytimes.com/article/20080613/NEWS03/196135917
- 10: Alteri’s Bakery of Watertown http://www.alteribakery.com/
- 11: Brown Bag Bakery http://www.northcountryhospitality.com/bakery.htm
- 12: Eagle's Landing Resort http://www.northcountryhospitality.com/eagles.htm
- 13: Battlefield Driving Range http://www.northcountryhospitality.com/golf.htm
@Disclaimer I****M***H****O
Big Day Tomorrow, Lets make the most of it~!!Gn
Swvc ~ Email from Ludlow Capital
http://www.ludlowcapital.com/
Hello ....., thank you for your interest and inquiry. Yes, I have been in contact with SWVC about a NYC investor conference and they do have a "strong interest" in conducting one. Schedules are being hashed out, but wouldn't look like one could be thrown off till at least late Feb, or March at the earliest. We are still working that out.What caught my eye on the company was that Hackett's has been in operation for almost over 100 years, and being a brick and mortor retail chain i found that of great interest. SWVC wouldn't be paying us anything for the coverage, but would most likely pay for the venue for any live show, most likely at The Grand Hyatt Hotel in midtown Manhattan. I will let you know once I have additional information. Hope to meet with the company sometime in Feb in the city.
Ludlow Capital
american psycho........Another Fact!
* There is much more than you realize going on behind the scenes of this company.~sf
@Disclaimer I****M***H****O
* I want to take this opportunity to applaud you for the time spent on recapitulating what you feel is going to happen to the company stock. Your calculations appear in line but your business experience is truly lacking. Let's take the first example of Mr. Swartz converting his $5 million into shares. After his conversion he would then have to introduce those shares into the market at obtain at least his conversion price to break even. Well, it is apparent with the current volume of shares traded, Mr. Swartz would commit business finance suicide by following your assumption of him converting. The same financial suicide would also occur to YA Capital Group if they were to convert their loan into common stock along with the CEO's converting his Class E shares. What do you think the investment community would do upon the first conversion hitting the outstanding share count? Who would be given the first conversion right? You stated the stock price would be valued at .0003 per share. Which one of the 3 examples you gave would be allowed to convert first. Would it be Tom as the CEO, YA Capital as a lender or Mr. Swartz as now a part of the board? These professional people are not in business to sell companies or to loan money without a preceived built in profit potential. I applaud you for your effort but you do require much more in the way of business experience to understand fully what has been put together. If you are in doubt of this company's long term success, I would suggest you spend more of your time on calculating future profit potentials on a company you are more satisfied at supporting for price appreciation. There is much more than you realize going on behind the scenes of this company.I wish you the best in your future investment decisions, your going to need it.~sf
@Disclaimer I****M***H****O
* I believe your feelings may be well compensated. Our particular research is now focused on the Class "E" shares accompanied with the warrant issue with YA at .01. Class "E" shares can be used as a dividend payment to common share holders and/or used to raise capital for future company expansion or share buyback without further dilution to the common share position. Even General Motor's has tradeable Class "E" shares! This was a very interesting move by the CEO and one which grew great attention. Very unusual for an OTC Bulletin Board CEO to move to a Class "E" position of his personal holdings. There was a reason for this stategic move from a Class "B" shares to a Class "E" position. It has brought up so many future potentials for the company and its shareholders. If everything is confirmed by next week, a position will be taken.~sf
**CEO converted Class "B" shares to Class "E" shares indicating his continued support for the success of the company.
@Disclaimer I****M***H****O
soapy bubbles........Answer is YES, Now we GO!
therealtruth10........There is Big Money to be made here by all parties including the common shareholders!
travel489........Exactly right.
kgeezy........Yep, Ring the bell already!
american psycho........Everyone should read that.
therealtruth........You got it!
I think swvc is Finally READY to go!
icehawk........No, just like you I am watching the chart, realizing that the market knows how undervaled this stock is and investors will in due time correct the pps to its correct valuation.
guars01........Repeat, this time Packed with Assets/Revenue ect.
desperado90........+And you left our several other acquisitions in "negotiations" + "expansion underway".
Maverickone........Since Seaway acquired Hacketts they have already DOUBLED the locations to *10(FACT). Now we have 2 other locations in the works and another retailer that if acquired would also be converted into Hacketts I would assume. Now based on pro-forma revenues of 36 million from the original 9 stores(wisebuys+hacketts), the new acquistition producing 15.2 million in revenues + very PROFITABLE AND PROVEN would equate to an additional 4-5 new locations. Right there you Have *16-17 Potential Hackett Locations, 10 of which are already in the Bank.
@Disclaimer I****M***H****O
geo928........Just like Hacketts right? 180+ years in business is now going away? Not a chance geo, and by the way if a company is moving backwards you dont go from 5 to 9 to 12 soon + a retail chain that could ad another 5 stores, see the pattern. Swvc is not going anywhere, neither is Hacketts.
@Disclaimer I****M***H****O