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bradakus

07/23/08 8:31 PM

#191962 RE: Degreed #191960

Your right! To many unanswered questions here like the 30% in the PR now is that 30% of toms 40% or is it 30% plus toms 40% that would be 70%?


!!!!! WARNING !!!!!
This poster Is subject to sudden outburst's of random thought and opnion with absolute refusal to take SEC rules at face value In no way should U Invest 1 iota of your hard earned money on this post.
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AMERICAN_PSYCHO

07/23/08 8:31 PM

#191963 RE: Degreed #191960

The statement made by Tom regarding the dilution did not come off as a promise to me. Why or how exactly did you consider it a "promise"....? Please see the statement below in bold.

Posted by: AMERICAN_PSYCHO Date: Tuesday, July 22, 2008 9:17:41 PM
In reply to: JimsZ who wrote msg# 191474 Post # of 191961

Negative. Tom hasn't lied to any shareholder.

January 24, 2008:
"Additionally, with less than $100,000 of the legacy sub-penny convertible debentures remaining, we expect the significant dilution to subside shortly."

At that time the stock price was significantly higher - shareholders expected conversion rates to be much higher as well. All legacy SUB-PENNY debt was soon to be satisfied. Tom also knew Seaway Valley would be merging with North Country Hospitality, Inc., a company with assets of approximately $13 million and pro forma revenues of approximately $6 million. With Tom bringing in more Intrinsic Value into the company, a logical thinker would foresee the merger boosting SWVC's stock price. Obviously, things did not happen that way, but again, Tom has told no lies. I believe your post to be very wrong.

Posted by: Degreed Date: Wednesday, July 23, 2008 8:26:20 PM
In reply to: investor911 who wrote msg# 191959 Post # of 191963

Grabbing at straws......the pps won't move until the share structure is dealt with. People will not take TS on his word since his last "Dilution will subside shortly promise.

How is this any different? If a PR is release stating some lump sum payment or % stake was completed/initiated then great, but why take this for face value when so many have been so burnt?


ALL POSTED BY AMERICAN_PSYCHO IS EITHER FACT OR OPINION.

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investor911

07/23/08 9:08 PM

#191977 RE: Degreed #191960

Worst Case: OS=Float

Q- Who bought 80% of last two weeks of high vol shares?
A- Not Retail

Then who?

Now there are retails- I know who are holding more than 160m shares of SWVC..

If you have 5 such ( I know 2 ) S/H, float is still tight.

If T does or announces BB/it's done or in progress, how will the scenerio change?

I guess, we will be better than grabbing at straws.

Regards,
911


If my mind can conceive it, and my heart can believe it, I know I can achieve it.