Seaway Valley expects to continue the activities of Seawvay Valley Fund and may seek to raise additional capital into the Fund through an offering of limited partnership interests in 2008.
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"The CD debt will be paid off by funds accumulated by a Limited Partnership offering through the Real Estate company just recently created. The collateral of the Limited Partnership is the current Real Estate holdings and future real estate assets to be announced. Also, the company will use any additional proceeds to this offering for a share buyback and future real estate investments." -sf
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