ja gut. Mein Problem ist, das ich jetzt weg muss und vor 22.30 Uhr nichts machen kann. Halten oder raus ??? Sch.....
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Meldung des Tages: Germanium Mining sichert sich massives Flächenpotenzial im Kampf um die High-Tech-Vorherrschaft
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Seaway Valley Capital Corporation Releases Acquisition Update
Tuesday September 11, 1:03 pm ET
NEW YORK--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) chairman and chief executive officer, Thomas Scozzafava, issued the following update to its shareholders today:
ADVERTISEMENT
Dear Shareholders:
I am pleased to announce that the financial sections of the audits of WiseBuys Stores, Inc. ("WiseBuys"), which are crucial to the Company's first transaction, were completed on schedule by the auditors. On August 30th, Dannible & McKee prepared drafts of 2006 and 2007 audited financials for my review and approval, which took place right after the Labor Day weekend. The auditors, however, are waiting for Seaway Valley to finalize the terms of its agreements with the shareholders of WiseBuys Stores, Inc. to complete the "Subsequent Events" section of the audited financials, which must be released with the financial statements for the audits to be technically considered "completed."
As previously communicated, Seaway Valley Capital Corporation had executed stock purchase agreements between shareholders representing approximately 75% of WiseBuys Stores, Inc. However, upon further review of the legal structure of these deals, both management and the WiseBuys sellers are exploring a slight modification that would make these agreements more tax efficient to both the sellers and potentially to the Company. Under the new proposed structure, the WiseBuys transaction will be considered a stock "merger" rather than a purchase, and the Company would seek to merge 100% of WiseBuys into Seaway rather than the 75% previously announced.
The completion of the structural changes and the agreements with WiseBuys shareholders will allow the auditors to complete the audit officially, and the acquisition shall trigger an 8K information statement that contains these financials and other information regarding Seaway Valley Capital Corporation and WiseBuys Stores, Inc.
I am pleased to be able to update you on these events, and I shall continue to update you with further developments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation was formed in 2002 and makes equity, equity-related, and debt investments in companies that require expansion capital and in companies pursuing acquisition strategies. Seaway Valley Capital Corporation also seeks investments in leveraged buyouts and restructurings. Seaway Valley Capital Corporation will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, and manufacturing, and the Company will also consider select technology investments.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Seaway Capital Corporation
contact@seawaycapital.com
www.seawaycapital.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
Source: Seaway Valley Capital Corporation
Tuesday September 11, 1:03 pm ET
NEW YORK--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) chairman and chief executive officer, Thomas Scozzafava, issued the following update to its shareholders today:
ADVERTISEMENT
Dear Shareholders:
I am pleased to announce that the financial sections of the audits of WiseBuys Stores, Inc. ("WiseBuys"), which are crucial to the Company's first transaction, were completed on schedule by the auditors. On August 30th, Dannible & McKee prepared drafts of 2006 and 2007 audited financials for my review and approval, which took place right after the Labor Day weekend. The auditors, however, are waiting for Seaway Valley to finalize the terms of its agreements with the shareholders of WiseBuys Stores, Inc. to complete the "Subsequent Events" section of the audited financials, which must be released with the financial statements for the audits to be technically considered "completed."
As previously communicated, Seaway Valley Capital Corporation had executed stock purchase agreements between shareholders representing approximately 75% of WiseBuys Stores, Inc. However, upon further review of the legal structure of these deals, both management and the WiseBuys sellers are exploring a slight modification that would make these agreements more tax efficient to both the sellers and potentially to the Company. Under the new proposed structure, the WiseBuys transaction will be considered a stock "merger" rather than a purchase, and the Company would seek to merge 100% of WiseBuys into Seaway rather than the 75% previously announced.
The completion of the structural changes and the agreements with WiseBuys shareholders will allow the auditors to complete the audit officially, and the acquisition shall trigger an 8K information statement that contains these financials and other information regarding Seaway Valley Capital Corporation and WiseBuys Stores, Inc.
I am pleased to be able to update you on these events, and I shall continue to update you with further developments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation was formed in 2002 and makes equity, equity-related, and debt investments in companies that require expansion capital and in companies pursuing acquisition strategies. Seaway Valley Capital Corporation also seeks investments in leveraged buyouts and restructurings. Seaway Valley Capital Corporation will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, and manufacturing, and the Company will also consider select technology investments.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Seaway Capital Corporation
contact@seawaycapital.com
www.seawaycapital.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
Source: Seaway Valley Capital Corporation
finance.yahoo.com/q?s=SWVC.OB
Haste nicht mitgelesen HOTorNOT?
Leute, die Meldungen gehen rum. Entscheidung ist gefallen - bleibe drin.
Treibt das ding nach oben !! (mir zu liebe)
Treibt das ding nach oben !! (mir zu liebe)
Jetzt muss es die Masse nur noch lesen.... WIR sind ja bereits seit längerem informiert!
meinst du das die news drausen sind ? ja hatte gesehen , aber wollte es noch mal posten fals jemand zu faul ist die selber zu suchen :)
man könnte meinen Sie hängt am SEX.... ;-)))
Last Trade: 0.0565
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Trade Time: 1:12PM ET
Change: 0.0085 (17.71%)
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Trade Time: 1:13PM ET
Change: 0.0100 (20.83%)
Trade Time: 1:13PM ET
Change: 0.0100 (20.83%)
Last Trade: 0.0580
Trade Time: 1:13PM ET
Change: 0.0100 (20.83%)
Trade Time: 1:13PM ET
Change: 0.0100 (20.83%)
zum Nachlesen kopiert ;-))
Ja ja , immer schon der Ordnung halber , lach
Ja ja , immer schon der Ordnung halber , lach
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