InvestorsHub Logo
icon url

Faucet

04/19/08 3:54 PM

#161888 RE: Howyadoing #161884

I agree....

a buyback by retiring common with a conversion from preferred makes much more sense. Good thing those common have been accumulated by a 3rd party for some time and the agrifuels cash will come in handy.
icon url

bradakus

04/19/08 4:28 PM

#161891 RE: Howyadoing #161884

Dividend.

Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC) (“Seaway Valley”) announced today that it recently formed wholly owned subsidiary Seaway Realty Holdings, LLC (“Seaway Realty”). The division, which shall be managed by Seaway Valley, was formed to manage the Company’s real estate assets and will also look to acquire and/or develop additional commercial real estate assets.

Mr. Scozzafava added, “In particular, Seaway Realty will seek small- to medium-sized commercial assets that would most likely fall beneath the radar of larger real estate investment trusts (“REITs”).”


Individuals can invest in REITs either by purchasing their shares directly on an open exchange or by investing in a mutual fund that specializes in public real estate. An additional benefit to investing in REITs is the fact that many are accompanied by dividend reinvestment plans (DRIPs). Among other things, REITs invest in shopping malls, office buildings, apartments, warehouses and hotels. Some REITs will invest specifically in one area of real estate - shopping malls, for example - or in one specific region, state or country. Investing in REITs is a liquid, dividend-paying means of participating in the real estate market.

A plan offered by a corporation that allows investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the dividend payment date.