Humm.. wonder in Wells Fargo is involved in what TS speaks of...
Timing is about right... and something needs to be done..
TS needs to make the stock more attractive to raise more funds...
At this level he will raise squat...
Time to spread out that 80% Tommy boy...
http://biz.yahoo.com/bw/081008/20081008005638.html?.v=1 To this end, management is seeking to raise significant long term capital whereby certain proceeds would be used to at least partially recapitalize the company through the repayment or elimination of many of these instruments and to also fund Seaway’s core business growth. Although our ability to transact and timing of such a capital raise is uncertain, management is committed to pursuing it, and discussions with qualified parties are already underway