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Friday, December 21, 2007 9:51:35 AM
THOUGHTS FROM THIS BOARD REGARDING THIS COMPANY
"The List" as of December 9, 2007
- A company with over $30,000,000 in annual revenue (upon completion of WiseBuys/Hacketts restructuring).
- A company with positive cash flow.
- A company that will aggressively explore value enhancing strategies such as parent debt reduction, share buybacks, and/or dividends.
- A company with two retail stores combined into one.
- A company that will show a positive EPS with the release of amended Hacketts 8k (detailing audited financials).
- Current restructuring of "WiseBuys" stores into "Hacketts" stores.
- Total 347,000 square feet of retail space filled with things people want to buy.
- Imminent expansion plans for 2008 that will double Hacketts retail locations.
- “Black Friday” sales increased almost 60% over prior year results.
- Hacketts website is being TOTALLY revamped... online ordering will come with "Phase II" of Hacketts store expansion.
- A CEO who provides timely updates to include shareholder letters and filings.
- A CEO that thinks and plans long-term to include a possible uplisting of this company to the AMEX or NASDAQ.
- A CEO appointed by the New York State Senate to the New York Power Authority's Board of Trustees
- Latest 8k showing old debt is dead.
- Latest 8k showing a M&A is on the horizon.
- Enough money to make a solid M&A.
- An LOI just waiting to be revealed.
- Backing from investors - many retail investors are upbeat.
- CEOcast ads telling the world to look at SWVC.
- A cleaned up GS acquisition discussion fueling the fire.
- A ton of analysis supporting a positive outlook.
- Seaway Valley Fund, LLC, (SWVC's internal bank) - respectively produced net earnings of $3.2 million dollars during 2006-07.
- Possible Institutional Buying - http://www.ludlowcapital.com/news/swvc.html
All of the above is in the opinion of some of the posters on this very iHUB board and a rough draft of the "The List".
Before you believe the message examine the motives of the messenger!
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