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stevo51

09/12/07 2:21 PM

#39696 RE: VivaLasVegas #39689

doubt that when there is only about 1.8mil outstanding on wisebuys..and we all know who owns must all of them..
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tangoandcash

09/12/07 2:24 PM

#39705 RE: VivaLasVegas #39689

Probably yes...

NEW YORK--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) chairman and chief executive officer, Thomas Scozzafava, issued the following update to its shareholders today:

"Under the new proposed structure, the WiseBuys transaction will be considered a stock "merger" rather than a purchase, and the Company would seek to merge 100% of WiseBuys into Seaway rather than the 75% previously announced."