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~ TRT ~

11/02/08 10:19 PM

#206092 RE: bman007 #206091

Not dreaming, just hoping that he follows through on what he said in his last update... see end of post...

And the market does not believe him..or our PPS would not be at .0002

So I am going against all odds by buying more shares...

You know they say, BUY WHEN THERE IS BLOOD IN THE STREETS...

Well the BLOOD has been on the street here long enough for it to dry up LOL



http://biz.yahoo.com/bw/081008/20081008005638.html?.v=1

Other - Over the next several months, Seaway’s senior management team will be seeking to align itself with a financial party with a long-term investment horizon. To date, Seaway, through creative deal structuring and financings, has been able to establish itself as a significant entity with assets of over $32 million and expected 2008 revenues well in excess of $20 million. Notwithstanding the importance of these financings and deal structures in the creation and rapid development of the Company, the disparate nature and potential dilutive impact of certain of these financings is not desired by management and make it difficult to create lasting shareholder value for all shareholders. 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.