InvestorsHub Logo
icon url

skaldis

01/18/08 8:24 AM

#122856 RE: nellocat1 #122854

Hey Nellocat is back.

Is a long time ago, see you last here.

What's about fishing in Costa rica?

And what's about an investment in this stock?
icon url

dirtdealer

01/18/08 8:35 AM

#122870 RE: nellocat1 #122854

I believe your might be wrong about dilution this time. Tom has a diffrent plan:

Read the PR: "Mr. Scozzafava added, “Additionally, certain of these assets represent a tremendous platform that Seaway can immediately assist in positioning for growth inside and outside the region – both organically and through additional acquisitions.”

I think he is saying that additional financing will come in the form of ASSET BASED financing instead of equity based financing.

Tom had to start with equity financing to get the company started and pay off existing debt. THIS ACQUISITION IS A GREAT MOVE. Acquire assets to assist in future financing for more acquisistions instead of more dilution