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Re: Dowboy post# 119178

Saturday, 01/05/2008 8:53:56 PM

Saturday, January 05, 2008 8:53:56 PM

Post# of 246159
Regarding Paul Graham and $500,000 - read this 8-K - http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001269127-07-000243&Type=HTML

Tom sold $2.7M of preferred stock to his brother and sister - so that they would have a stake in SWVC.

SWVC owns Seaway Valley Fund. Consider SVF SWVC's internal bank - this fund holds stocks/investments that we investors are not privy to. Seaway Valley Fund, LLC., respectively produced net earnings of $3.2 million dollars during 2006-07... I imagine money generated from the fund aided in the WiseBuys acquisition of Hacketts.

Hope that helps... however, I'm not sure what you seek exactly.

ALL POSTED BY AMERICAN_PSYCHO IS EITHER FACT OR OPINION.