Currently, SWVC has signed a letter of intent ("LOI") with a company to acquire 100% of its stock. The company being acquired requested that no announcement be made. Tom is respecting the wishes of this company. When a definite agreement is signed, I then would expect to see the announcement.
Also know that Tom never promised anything...
"Finally, many of you have asked whether or not Seaway will exclusively focus on supporting the growth and development of its retail investments during 2007 and 2008 – know that Seaway is currently evaluating additional investments and acquisitions in a diverse array of sectors. Our plan is to complete at least one substantial non-retail investment prior to year end."
ALL POSTED BY AMERICAN_PSYCHO IS EITHER FACT OR OPINION.