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Sprycel

12/28/07 12:35 PM

#117227 RE: Rowdy 777 #117217

I am putting all of my faith in these numbers so I may compare them to the Hackett's financials that will be out shortly. It has everything to do with credibility of the shareholder updates as far as the numbers being right. So many times we have seen PR's come out from other CEO's where the numbers are inflated or just downright false but on each occasion when Tom has put out numbers they have been spot on! It speaks very highly of the CEO's credibility. Further Hacketts is a profitable company. With merging Wisebuy into Hackett's, adding accumulated buying power, reducing administrative overhead and expanding the business, I am looking forward to a higher profit margin from both Hackett's and Wisebuy. Now put in GS Agrifuels into the revenue pot and we got ourselves a pretty damn good thing going here IMHO! As far as WHEN the 3rd acquition is announced, I feel that is where an update from Tom would be advised but not necessary just as long as he executes the business plan. No fluff PR's, no exaggerated stories or numbers, just business plan execution to build shareholder intrinsic value! That is what I want! So far he has held up his side of the bargain! No reason to doubt him now!! jmho
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AMERICAN_PSYCHO

12/28/07 12:45 PM

#117231 RE: Rowdy 777 #117217

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."