Replies to post #47621 on 1812 Brewing Company Inc (KEGS)

[lightbeam]

I can see your point.

[AMERICAN_PSYCHO]

Mr. Scozzafava has stated his business plan in previous PRs regarding WiseBuys/Hacketts. There are also very talented people/management involved - included Joseph Ettore, the former CEO of Ames - over 467 stores at one time. Ames became the 4th largest discount retailer behind Walmart, Kmart, and Target! I'm looking forward to the agressive growth of Hacketts!

http://www.geocities.com/zayre88/R_ames.html

Posted by: Quixotic1
In reply to: None Date:9/20/2007 10:21:55 PM
Post #of 47629

A few thoughts on SWVC

I’ve been in retail for almost forty years. I’ve owned two restaurants and one grocery store. The last restaurant/deli that I owned did 2.2M in sales with 3600 s/f, single location, and 45 employees.

I was really a believer in this stock until I read the numbers in 9-18-07 press release. I was even planning on visiting several of the stores of the weekend. I have since canceled the trip. The conditions facing this venture are monumental to say the least.

That upstate region of NY is known as the “Mississippi of the north” in economic terms. I was last in the area two years ago to visit the family farmstead in Sherburne, NY. Homes in the area were asking $150K for 4 BR, 2200sf, and 3 ac of land. This area can’t really support much more of a housing base…never mind a high-growth strategy. There simply aren’t that many people in the region.

The cash flow seems to be at a subsistence level certainly for WiseBuys, and maybe for Hackett’s. The PR further states that those figures include its partners’ sales as well. BigBox competition can get fierce in a hurry. The red ink could flow at the blink of an eye. Those sales numbers indicate a real “ghost town” compared to peers.

High risk capital is rising in cost if not drying up all together. This will continually put pressure on the break even point.

Since we are so forward looking for this venture…we would be fools to ignore the tempest of dark economic indicators that are grouping on the horizon. These will challenge even the most season of executives. I hope the growth plans have contingencies in them for $80 barrel oil, a poor holiday season forecast, and continued new lows in the dollar index.

At this point, the sales numbers have been whispered…I believe in an attempt to defuse the shock of not coming anywhere expectations.

I would be a convert if I could catch a glimpse of Tom’s marketing plan. Rent is rent, labor is labor, ins is ins; but every strategic marketing plan is unique and could propel this company to the stratosphere…but let us see and understand it. It could also balloon expenses and sink a start-up faster than lake-effect snow can snarl granny in Buffalo traffic.

I’m out of my position since reading the PR…but would get back in if I was sufficiently inspired by the marketing plan.

Thank you for reading…GLTA

[chunky-g]

I agree this wont become a walmart by any means but will be worth much more that .03 for crying out loud!!! Maybe better as a shorter (less than 1 year) investment! Could have trouble succeeding in the long run but just the speculation plus expansion will surely include better locations! Don't count them out just yet!! Remember how influential these company officials are. People of their stature usually don't fail when it comes to business endeavours! Just my opinion but these folks are very well connected! Wisebuys seems to be a great concept. Imagine going into a store like Hackett's. Then throw in a Payless shoestore inside/radio shack/etc,etc. Payless stores operate alone and do ok but I love the Wisebuy philosophy. Once the 8K comes, just the speculation of the combination of the two stores coming together will push this very high imo not to mention any other businesses under their umbrella. Major major upside potential. Maybe not a buck anytime soon but .08-.10 with 500 million shares shouldn't be out of the question if things go according to plan! That would be 40-50 million dollar market cap. I know I'd be happy to settle in that price range. These stores will provide the income to acquire other businesses which Tom appears to be a master at! I'm starting to feel like Tom and IR are watching and we will get another update which hopefully include share info and other info. Good luck and hold everybody!!

[Tadaaa]

Q, they already are serving in those markets and are making a profit, with substantial cost reduction (improved profit) in General Administrative and Sales expenses and Backed with a management team who has the experience to "Rapidly Expand the Hacketts Brand Through out the Region".....WOW and that is Just ONE of Seaway Capitals Holdings on the Horizon. The one reason Tom achieved the financing is because they ARE making Money. I would suspect that it cost 500K to upstart the Hackett Store in 2006....much deferred and much expensed as well as a significant Inventory to Boot......AND the additional prospect of significant assets acquired by Seaway Valley Capital to grow this critter.....I like most of Toms forth coming thus far, Keeping in touch with shareholders many times in the past 90 days.......Still want MORE MEAT....like the 8K....Cornell Completed etc....

.........I am jazzed about the Long Prospects here and will play accordingly....GLTY

[KeepBuyingPinks]

Why is it that everyone who comes here lately with a negative take on this company is investing in that other capital company that is buzzing the boards. Have you really looked deep into the backstory on that one. You should because this one is being built on solid blocks of success and that one has a theme in years of filings of "We have historically lost money".

Contrary to the belief of many this is not a retail story. It is about an aggregation of many years of money making businesses being brought together by a man with a proven track record.

You decide for yourself. Maybe you will get lucky. We will be here when history repeats itself over there but by that time your buy in price for the real capital company SWVC will be much higher!

KBP