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Tuesday, November 13, 2007 11:31:38 PM
Big news is still coming.
Tom is on the ball.
How about this, Seaway needs a line of credit in order to power both the new company (all 10 stores) and to give them the breathing space they need to buy, market and merchandise the company properly. Remember, this is a bricks and mortar company.
The company is up and running, real stores, real employees and real customers.
The combined operation can easily be a 50 million dollar per year retail operation.
Look for news about a new credit line to go along with the new key management.
And let me tell you, getting a credit line for an up and coming retail chain is no easy feat.
Just keep this in mind and then just watch the news. When it breaks you can remember that once again, you heard it here, first.
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