Followers | 14 |
Posts | 1591 |
Boards Moderated | 0 |
Alias Born | 02/09/2008 |
Thursday, May 01, 2008 4:06:19 AM
The problem I see is the lack of patience in my opinion. On that same note there is no excuse for a pps that is currently helping nobody and is infact very disappointing I might add. Someone like myself who has multiplied their position by 5X in the .008 range could certianly be very upset considering we are trading at half that price right now, but you will not see me come here and complain like a child today or any other day for that matter. If you want to play the stock market, you have to have the guts, and what also goes with that is risk tolerance. Everyones is different, with swvc I have personally made an educated decision based on both fact and speculation. Moving on, Not for one second do I see YA driving this company into the ground. Infact I see YA exercising their warrent like scotchfix had previously mentioned on the rise to the same previous trading levels from last year. That brings me to scotchfix while he is on my mind. He said to keep in mind or stay focused on the 134 million share warrent that Tom gave to YA, he also said that according to his understanding the warrent was a gift to YA for the complete restructuring and along that line of thinking, YA agreed to not dilute the 3 million dollar loan but they would instead give Tom time to repurchase the CD's while YA continued to collect interest. This does make sence to me, everyone can believe what they want, But I can tell you one thing, I used to trade full time and I have spent alot of time looking over the otcbb/pink world, I have yet to find a more promising stock than this.
I personally see no entity destroying this company whether it is YA, Wells Fargo, or Tom himself, this might just be that rare one that makes it through the rough water of the otcbb and lands on the AMEX for example. If I recall correctly, the shell ran to an approx 20-30 million dollar market cap based on hype last year. The o/s is much higher now of course, all in the same effort to restructure and expand which I agree with 100%, infact this has givin someone like myself the opportunity to accumulate my position several times over. I certainly see the pps correcting itself sooner than later. I am not one to make any specific predictions, But I do feel "Fair Valuation" is .03-.05 cents for this stock. Scotchfix himself who has had better looks at specific information than us seems to think .05 is the correct valuation based on all information available. All this being said, the paragraph from the company below explains the true goal of seaway capital as they move forward with expansion and eventually into traditional banking,I cant wait for that day. Tom is making all the right moves in my opinion, The pps has suffered, in the end I feel the only ones who will lose are the ones who decided to take a paper loss and turn it into a real one. This is all just my opinion of course, I have to catch some sleep now. Take Care Everyone, Maybe we will see some green Today.
Shareholder Value/Shareholder Wealth
Management is concerned with and focused on increasing shareholder value. The first and requisite step to achieve increased shareholder value at Seaway Valley is to first acquire or internally develop assets that have or that can create value faster than and beyond the costs associated with their acquisition, development, and growth. Management believes Seaway Valley's first two platform acquisitions have provided just that. As the holdings generate a history of performance, Seaway Valley can utilize lower cost sources of capital versus those used by Seaway Valley (and its predecessors) to date. The successful closing of the Wells Fargo line of credit is one example of that. And as these core holdings mature and the capital generated is in excess of what is needed to sustain growth, that excess capital can be used for such activities as convertible debenture repayments, preferred stock repayments, and/or common stock re-purchases. Once the underlying business conditions permit that, management is committed to such a plan
@Disclaimer I****M***H****O
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • Oct 3, 2024 7:00 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM
Unitronix Corp Unveils Cryptocurrency Investment Portfolio Strategy • UTRX • Oct 2, 2024 8:40 AM