This is topic I dont play pennies much but how did everyone miss GSCR in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
Wow, I came across it at 004 and it was up 400% at that point...what a fawkin beast!
Posted by J_U_ICE on :
I saw it earlier and didn't want to chase it when it was up 150%. LMAO what a jackass!!!
Posted by T e x on :
lol, still going
Posted by lostone on :
all the GS's are going up.. damn
Posted by Homersbud on :
Hits 02 from 001....unreal.
Posted by T e x on :
gonna close HOD, I think
Posted by T e x on :
four decimal bids, now
Posted by stocktrader22 on :
2600% HAHAHA
Posted by Homersbud on :
quote:Originally posted by stocktrader22: 2600% HAHAHA
2900% lmao
Posted by T e x on :
50,000 above ask...
Posted by lostone on :
are any of u guys in it?
Posted by Homersbud on :
quote:Originally posted by lostone: are any of u guys in it?
My luck aint that good...lol
Posted by lostone on :
GSCR's might be a short squeeze since they're planning on selling it.. GSCT, GSEG, GSEN, GSHF, GSGF are the rest of the family members.. GSCT looks to me like the next in potential, just according to estimate sales being $90mil
Posted by Submersed on :
2900%....I just saw it at 2600 and considered getting in lol...300% profit just like that.
Posted by TopRob on :
No, because if I were in, it would be down 50%. Good luck to all that made it. Posted by T e x on :
quote:Originally posted by lostone: are any of u guys in it?
nope...just watching the close
Posted by lostone on :
but damn, someone got some nice profits today
Posted by skip on :
saw it tuesday, talked about it with some folks. then it fell off the rader. fit everything i look for, then didnt buy. what a jackass...
Posted by Ace of Spades on :
GSCR --- GONNA BE 200 BAGGER!!!!
This can hit 20 cents, Low float, it hit .024 cents today. Thats less than a 10 bagger from where it is now. .2 divided by .001 is a 200 bagger!!!!
Ace of Spades Retiring under 30 just came 1 step closer to reality!!!
Posted by Homersbud on :
My dumbass decided to piss away $240 at 024 to see if it gaps up on Monday.
Posted by stocktrader22 on :
quote:Originally posted by Ace of Spades: GSCR --- GONNA BE 200 BAGGER!!!!
This can hit 20 cents, Low float, it hit .024 cents today. Thats less than a 10 bagger from where it is now. .2 divided by .001 is a 200 bagger!!!!
Ace of Spades Retiring under 30 just came 1 step closer to reality!!!
I bet it doesnt hit .20, by the way what price did you get in? good job!
Posted by lostone on :
anyone seeing potential in any of the other GS's?
Posted by T e x on :
closed .001 off the high
15 trades in a row went through at hod, 590,500 shares, $14,172 from 15:54:35 to 15:58:48 (4 min, 13s)
Posted by Ace of Spades on :
quote:Originally posted by lostone: anyone seeing potential in any of the other GS's?
GSHF should run sometime...It was up today with a 139 trades.
Posted by T e x on :
you grabbed some, Ace? nice...
Posted by Ace of Spades on :
Yeah Tex, got in real early once I saw the Key words "Ethanol" and "Merge" ....Ethanol plays were hot today on BIG BOARD STOCKS like PEIX and XNL..So it was a no-brainer...
I just started knobias RAiDAR News filter service today. I just started the free trial and I love the News Filter. Its exactly what I was looking for, for Big Board Stocks (also Peny Stocks). You can filter News by what ever news soucrce or subject you want for all exchanges and keep out the junk.
I just wanted to get straight PR's only from BusinessWire , PRNewsWire , and MarketWire ...... like Microcaptrade does for the microcaps....with out dow jones and all the clutter. No I can get just straight up PR's from all exchanges at once even pinks and BB stocks.
Here is the PR in the middle...its off by three hours...gotta fix that LOL
Posted by T e x on :
NOICE! good catch...
was thinking along the same lines after looking at a bullet summary of the energy bill...
well done
Posted by Ace of Spades on :
...Traders were just taling the other day at thelion.com about how Solar Stocks are hot like Ethanol was a year ago...now it looks like Ethanol is heating up again.
Posted by stocktrader22 on :
ace what did you get in at?
Posted by Ace of Spades on :
quote:Originally posted by stocktrader22: ace what did you get in at?
I got in under .003 at different prices....but check out that knobias RAiDAR News filter service....Im loving it...you can see just PR's for all exchanges with out the dow jones clutter...I cant stop talking about how good it is.
Posted by jon clogger on :
Is this still a buy a current pps?
Posted by T e x on :
quote:Originally posted by Ace of Spades: Yeah Tex, got in real early once I saw the Key words "Ethanol" and "Merge" ....Ethanol plays were hot today on BIG BOARD STOCKS like PEIX and XNL..So it was a no-brainer...
I just started knobias RAiDAR News filter service today. I just started the free trial and I love the News Filter. Its exactly what I was looking for, for Big Board Stocks (also Peny Stocks). You can filter News by what ever news soucrce or subject you want for all exchanges and keep out the junk.
I just wanted to get straight PR's only from BusinessWire , PRNewsWire , and MarketWire ...... like Microcaptrade does for the microcaps....with out dow jones and all the clutter. No I can get just straight up PR's from all exchanges at once even pinks and BB stocks.
Here is the PR in the middle...its off by three hours...gotta fix that LOL
btw, what's the cost on that, Ace? I used to have feeds set up from biz wire, yahoo, etc...but was never really convenient. Having the "all-in-one" package looks real handy...
Posted by Bazooka on :
yea I saw this one when it was up 750%. Thought it couldnt possibly go any higher.. boy did i make the right choice huh?
Posted by Ace of Spades on :
Tex...Im just doing the free trial right now, but it looks like for just the news service it's $50 per month. Which is well worth it to me, for the convience of having all PR's for every exchange, with out the promos and Dow Jones Clutter.
But if you want that you can set up multiple News Filters and save them, then flip back and forth. You can even have a filter for Technical news, like 52 week highs and Volume spikes. It has an option for every news source you can name, plus subjects and technical alerts.
Here's a screen shot of what the filter actually looks like. I just use a Basic one to just get ONLY PR's from PRNewsWire, BussinessWire, and MarketWire for all EXCHANGES. You can see the ones I selected on the Right.
Posted by T e x on :
Ace,
Obviously it *can* pay for itself Posted by Ace of Spades on :
What I also love is that...say you just get home or wake up at the end of the trading day...you open the news filter, and it will show you the News from the whole day, not just from that moment on...like my broker does.
I found out about it at mesasge board I just found when I was searching for info about Proprietary trading Firms. Here is a link for the Board I found.
Never saw this Message Board or site before, but they have many different categories with some real good info.
Posted by lostone on :
quote:Originally posted by Bazooka: yea I saw this one when it was up 750%. Thought it couldnt possibly go any higher.. boy did i make the right choice huh?
most of the time it wouldn't go higher.. prolly a short squeeze on the selling news.. not meant to be for me as well..
Posted by thesource on :
Damn , I sure missed that one . Whats the deal on the others ?
Posted by cactus33 on :
with the talent you have trader22 you sure do ask a lot of questions....
Posted by T e x on :
is a talent, asking questions...
donchya think?
Posted by stocktrader22 on :
cactus what are you referring to?
Posted by lostone on :
quote:Originally posted by thesource: Damn , I sure missed that one . Whats the deal on the others ?
i'm betting on GSCT, since they'll be getting GSCR's assets while the shell is sold.. but then GSCT will eventually be merged into GSHF.. for now, i hope i'm right.. altho my luck has been on the down lately..
Posted by Homersbud on :
Yeeeeeeeeees, it's gapping! Come on you POS, start off my week on a good note!
027x03!
Posted by Homersbud on :
Out at 033!!! Weeeeeee!
Posted by Homersbud on :
Wow, 04 now
Posted by Homersbud on :
055 now, damn
Posted by ityab0y on :
scottrade is such a piece of sh!t
Posted by Ace of Spades on :
Holy Batman ! ! ! I've been here for 1 and a half years and I finaly caught on of these POS monsters...It took long enough!
Posted by TopRob on :
Coming down now .065 to .041. It might be a dip, but you never know. I missed out on this one.
Posted by JimSC on :
quote:Originally posted by lostone:
quote:Originally posted by thesource: Damn , I sure missed that one . Whats the deal on the others ?
i'm betting on GSCT, since they'll be getting GSCR's assets while the shell is sold.. but then GSCT will eventually be merged into GSHF.. for now, i hope i'm right.. altho my luck has been on the down lately..
GSCT and GSHF will merge next week. The fair value of GSCT should be 1/3 that of GSHF. Both will get momo from GSCR. GSHF will be more stable than GSCT, since you can not trade GSCT for 3 days when the merger happens. Both are in the early stage of uptrend.
Posted by thesource on :
Well I picked up $100.00 worth of GSCT this morning as a lottery play . Lets see if it pans out or not .
Posted by lostone on :
GSCT is holding steadily at around .015 ... it's still positive from friday... good sign.. but i do agree with JIMSC, GSHF is probably going to be more stable...i plan to get some GSHF
Posted by lostone on :
GSCT and GSHF moving
Posted by lostone on :
wow.. GSHF .065 GSCT .0181
Posted by Ace of Spades on :
....ALL 3 OF THE " G " stocks look like gappers to me on TUESDAY !
Posted by GreenDay on :
I went with the gscr today. Guess I picked the wrong g today. Over 100% on those two - nice!
Posted by lostone on :
quote:Originally posted by GreenDay: I went with the gscr today. Guess I picked the wrong g today. Over 100% on those two - nice!
hope u didn't chase it this morning.. it's likely to rebound a bit.. hopefully u didn't lose.. i'm guessing it will run some more with the GS's .. but there's bound to be corrections.. so u can probably do some flips.. i would probably sell part of my position on the highs and try to flip, but still hold on some just in case i miss the ride..
Posted by Ace of Spades on :
At this point....I think GSHF and GSCT will be the safer player over all.
Posted by lostone on :
quote:Originally posted by Ace of Spades: At this point....I think GSHF and GSCT will be the safer player over all.
yep.. GSCT and GSHF .. glad i got in..
Posted by GreenDay on :
I waited for a dip to buy at .03 so I'm down but it could have been worse. I was tempted to cut my losses and get out but trying to stay away from round trips. So I will wait to see what tomorrow brings.
Posted by Ace of Spades on :
....Switch to prodigy trading...That's my broker.
You can daytrade without $25,000 limit. I opened an acount with 2,500 and I can daytrade 1000 times everyday if I want...It's the best broker out there without a doubt.
It's legal...they structure your acount as if they lend you the difference to make up the 25k minimum sec balance, but you never see or tought the money. Its just structured that way in the legal doucument.
Posted by JimSC on :
quote:Originally posted by Ace of Spades: ....Switch to prodigy trading...That's my broker.
You can daytrade without $25,000 limit. I opened an acount with 2,500 and I can daytrade 1000 times everyday if I want...It's the best broker out there without a doubt.
It's legal...they structure your acount as if they lend you the difference to make up the 25k minimum sec balance, but you never see or tought the money. Its just structured that way in the legal doucument.
so they lend you 22,500 to get you equal to 25,000? Do you have to pay interest or something?
Posted by Ace of Spades on :
....No they are not actually lending it to you....it's just legal Mumbo jumbo...you pay no interest casue there is no loan...The broker has themselfs structured likes its a partnership or something like that so its legal.
If..you have question call them and ask them any question you have...
Its a Penson broker by the way and is very reputable. They are a branch of grossman trading. You can trust the Ace of Spades.
Ace - I'll check it out. thanks!
Posted by thesource on :
To da MOON !!!
Posted by Igor R on :
quote:Originally posted by thesource: To da MOON !!!
I hope so. If the r/m into GSCR will be done quickly and efficiently, I think the pps could be damn good.
Posted by lostone on :
got out of GSCT today at .019 .. trying to play safe, hopefully i can buy in on dips.. and GSHF doesn't seem like it's gonna drop tho, so GSCT may stabilize too.. we'll see.. glta..
Posted by JimSC on :
GSHF/GSCT -- News out
(GSCT will be converted to GSHF on 3 for 1 basis. You will not have access to your shares for 3 days when the conversion takes place.)
-- Looks like this is the End-of-dilution run. There is good chance that the big jump may come soon. It's a gamble.
****
Tuesday, June 26 2007 12:28 PM, EST Business Wire "US Press Releases " NEW YORK --(BUSINESS WIRE)-- GS CleanTech Corporation (OTC Bulletin Board: GSCT) today announced that it has begun to extract, buy and sell crude corn oil that it has extracted from Utica Energy, LLC's Oshkosh, Wisconsin 52 million gallon per year ethanol production facility. GS CleanTech's patent-pending Corn Oil Extraction Systems(TM) have been engineered to help ethanol producers increase cash flows through the introduction of a third and novel revenue stream - corn oil. GS CleanTech provides turn-key extraction systems to participating ethanol producers at no cost to the ethanol producers in return for the long-term right to purchase the extracted corn oil at a per pound premium to its value when trapped in the distiller's grains. GS CleanTech's extraction technology also reduces overall plant emissions and utility costs by upwards of $1 million per year for a 100 million gallon per year ethanol plant that dries 100% of its distiller's grains. GS CleanTech's current extraction system at Utica has been designed to extract oil from the distiller's grains at rate equal to more than 1.2 million gallons per year. This oil is currently worth upwards of $1.50 per gallon. GS CleanTech's process engineers will present "Corn Oil to Biodiesel" at the Fuel Ethanol Workshop at 2:00 p.m. on Wednesday, June 27, 2007 in Room A. GS CleanTech's engineering staff will also be available at Booth 737 to provide ethanol producers with additional information about GS CleanTech's corn oil extraction program. In all, GS CleanTech's publicly announced corn oil contracts will produce about 31.5 million gallons per year of crude corn oil for conversion into biodiesel fuel as GS CleanTech successfully deploys the relevant corn oil extraction systems during 2007 and 2008. GS CleanTech and its affiliated fuel production company, GS AgriFuels Corporation (OTC Bulletin Board: GSGF), have partnered in the full scale commercialization of their technologies. GS CleanTech provides technology-centric services in return for process engineering and plant construction sales, ongoing technology royalties and selected feedstock sales. GS AgriFuels provides all of the capital for the construction of the extraction and biodiesel production facilities and generates revenues through its ownership of the biodiesel production assets. The Annual International Fuel Ethanol Workshop & Expo The Annual International Fuel Ethanol Workshop & Expo ("FEW") has a long history of creating a forum for industry to exchange valuable information and ideas to help improve ethanol production and operations. This exchange enables the ethanol industry to play a more vital role in supplying sustainable renewable fuels to markets worldwide. The FEW Program presentations will have a strong focus on commercial-scale ethanol production, new technology, and near-term research and development. More information regarding the conference and registration details can be found at www.fuelethanolworkshop.com. Focus on Ethanol Production GS CleanTech is focused on delivering technologies and process innovations to the ethanol production industry with a view towards maximizing the yield of corn-based ethanol production. GS CleanTech's currently available offerings in its ethanol program include its: -- Corn oil extraction systems;
-- Small-scale modular biodiesel production systems; and,
-- Biomass gasification for combined heat and power solutions. GS CleanTech is also developing new technologies, such as its carbon dioxide algal bioreactor technology, for application at ethanol facilities. Traditional ethanol processing converts each bushel of corn, which weighs about 54 pounds, into about 18 pounds of ethanol, 18 pounds of carbon dioxide, and 18 pounds of distillers dried grains, which contain about 2 pounds of fat. This corresponds to about 2.8 gallons of fuel production per bushel of corn. GS CleanTech's ambition is to increase this efficiency as much as possible by converting as co-products such as DDG and carbon dioxide into additional renewable fuels. Pictures of a recent GS CleanTech corn oil extraction system installation can be found at http://www.gs-cleantech.com in the Multimedia & Downloads section of the Products & Services section for GS CleanTech's Corn Oil Extraction Systems (http://www.gs-cleantech.com/product_desc.php?mode=1&media=true). About GS CleanTech Corporation GS CleanTech Corporation (OTC Bulletin Board: GSCT) provides applied engineering and technology transfer services based on clean technologies and process innovations that make it cost-effective and easy to recycle and reuse resources. Additional information on GS CleanTech's Corn Oil Extraction System and GS CleanTech's ethanol efficiency program is available online at www.gs-cleantech.com. About GS AgriFuels Corporation GS AgriFuels (www.gs-agrifuels.com) was founded to produce and sell clean fuels from agriproducts in innovative ways. GS AgriFuels' business model is based on the manufacturing and sales of proprietary biodiesel equipment and the use of new technologies to produce biodiesel and ethanol from non-traditional feedstocks such as corn oil and cellulosic biomass through the utilization of several new proprietary technologies, including innovative desiccation, process intensification, gasification, and catalytic technologies, synergistically at small-scales to enable the refining of many forms of biomass into clean fuels at Integrated Multi-Fuel ("IMF") production facilities. GS CleanTech and GS AgriFuels are both majority owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to facilitating the efficient use of natural resources. GreenShift and GS CleanTech are party to a merger agreement pursuant to which holders of GS CleanTech common stock will receive 1 share of GreenShift common stock for each 3 shares owned in GS CleanTech. GS AgriFuels is also party to a merger agreement with GS Energy Corporation (OTC Bulletin Board: GSEG) pursuant to which holders of GS Energy common stock will receive 1 share of GS AgriFuels common stock for each 1,000 shares owned in GS Energy. 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 GS CleanTech Corporation , 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. Source: GS CleanTech Corporation
Posted by lostone on :
GSCT looks like selling now.. .0165 could be the dip i'm looking for
Posted by lostone on :
.0151 hrrmmm.. i'm tempted..
Posted by juice on :
im in at .0145 today. feel confident about this by end of week and into next. big changes in store. goodluck
Posted by lostone on :
couldn't get filled at .0155 even tho it was the ask for a while.. o well, it's up now
Posted by lostone on :
whoa! someone just dropped 20+ mil shares
Posted by BULListic on :
Now .009 x .0091
Interested in this one, 85% down from weekly high, but also still up like 1000% for the week, trying to figure out whether it's a good buy is the tough part. That 20M sell at .01 when it was .012 is a concern.
Posted by lostone on :
well.. i just picked up some.. and now there's a wall at .01 .. i'm hoping for like 25% .. but from the look of things, i may not get it..
Posted by lostone on :
breaking that .01 wall.. maybe they weren't gonna do it til after lunch.. come on baby, rebound!
Posted by BULListic on :
Scotturd restricted from on-line buys...tried for some at .01 and got the message, and I refuse to pick up the phone
Posted by lostone on :
finally ask .0105 bid .0101 sure slowed down a lot at start of lunch tho..
Posted by lostone on :
that was a scary fake down to .0089 but back up now..
Posted by lostone on :
bid .011 ask .0114
Posted by lostone on :
bah.. i'm out.. didn't get my 25% but got my commission back and some for movie and dinner.. afraid of tomorrow, could go either way.
Posted by pennys on :
gsct moving soon
Posted by lostone on :
moving down... after yesterday it doesn't look too good.. but this may be a good time to start watching for the buy and get a bounce..
Posted by lostone on :
not good, i don't think
Cornell Capital Agrees to Support GreenShift's Restructuring 10:48a ET June 29, 2007 (Business Wire) GreenShift Corporation (OTC Bulletin Board: GSHF) today announced its execution of an agreement with Cornell Capital Partners, L.P., pursuant to which Cornell and GreenShift agreed to use their best efforts to restructure the terms and conditions of GreenShift's various debts due to Cornell in a way that facilitates the completion of the GreenShift's pending merger with GS CleanTech Corporation (OTC Bulletin Board: GSCT) while attempting to safeguard and maximize the share value of the merged company and supporting the newly merged company's growth. Any agreement to restructure the terms of such debt obligations is subject to GreenShift and Cornell negotiating definite terms and entering into final written agreements, and no assurance can be given that the parties will be able to reach such agreement.
GreenShift and Cornell also agreed to waive on a one-time basis the past defaults under GreenShift's agreements with Cornell effective immediately provided (a) that GreenShift file and make effective a registration statement on Form S-4 to complete the GreenShift - GS CleanTech merger as soon as possible and (b) that GreenShift's chairman and chief executive officer, Kevin Kreisler, consent to the repayment of about $340,000 in Cornell debt in the form GreenShift stock to be paid out of Kreisler's stake in GreenShift at current market prices.
Troy Rillo, the Senior Managing Director of Cornell's investment manager, said that "We have supported GreenShift's growth for better than two years and we desire to continue to do so. We are pleased with GreenShift's progress - in particular its business model of using technology to attempt to defray risk for first generation ethanol producers. We haven't seen anyone attempting to do this to the extent of GreenShift."
Kreisler added that: "We are very grateful for the support that Cornell has given us in the past. They believed in and funded our business model when it was little more than an idea and we are thankful for their continued support as we execute on our restructuring plan and the sales and earnings growth of our core businesses."
Posted by T e x on :
disagree...think is about as good as it gets with Cornell...for one thing, they're agreeeing to stock from the CEO's personal stash, rather than convertibles, which would be highly discounted...
Posted by juice on :
cornell has nothing to do with GSCR, GSCR will be a clean shell new ticker and have nothing to do with the other entities.. r/m news supposed to hit monday, so im in as of yesterday, just w/100k. think this will surprise us again.... but i do agree that cornell may destroy the other stocks so stay away imo GL
Posted by lostone on :
Cornell is like Galactus to me.. heh.. jmo but then again, they usually help increase the pps for a moment in the beginning.. so good flip opp..
Posted by flanders1114 on :
Posted by: kingmack In reply to: None Date:6/30/2007 7:37:05 PM Post #of 3080
Big News Coming Soon! The Next two weeks are going to be huge for GSCR IMO! We are in on a stock that will change our lives possibly in the near future if all the chips fall into place. Check out this PR off of Wisebuys Website dated 6/22/07 the same date that Greenshift announced Seaway's Acquisition of GSCR. There is something huge about to happen here when you look at the recent events. I will buy more Monday that's for sure. This has all been planned out to a Tee.
GS Carbon Releases Shareholder Letter Monday July 2, 8:00 am ET
NEW YORK--(BUSINESS WIRE)--GS Carbon Corporation (OTC Bulletin Board: GSCR - News) chairman and chief executive officer, Tom Scozzafava, issued the following letter to its shareholders today: ADVERTISEMENT
Dear Shareholders:
I am pleased to report today that the previously-announced transaction between Seaway Capital and GreenShift Corporation became effective June 30, 2007. As reported, the terms of the agreement called for Seaway Capital's acquisition of GreenShift's controlling stake in the form of common and preferred stock in return for the assumption certain legacy liabilities of GS Carbon.
The first order of business shall be the official name change of GS Carbon Corporation to Seaway Capital Corporation and the eventual ticker symbol change to reflect this name change. Neither of these events will impact the company's shareholders' number of shares held or the overall capital structure of the company.
Seaway Capital Partners, LLC (the predecessor to Seaway Capital Corporation and collectively, "Seaway Capital") was formed in 2002 as a money management and private equity and leveraged buyout company. Seaway Capital's (www.seawaycapital.com) business plan is to invest in majority and minority equity stakes and to enter into mezzanine-type debt agreements with various operating companies. Returns to Seaway Capital are intended to be in the form of the eventual share appreciation and dispossession of those equity stakes and income from loans made to businesses.
To this end, I anticipate Seaway Capital will shortly obtain a controlling equity interest in WiseBuys Stores, Inc., ("WiseBuys") a big box retail chain it founded in 2003 with former Ames Chairman and CEO, Joe Ettore, and former BJ Wholesale executive, Joe LaChausse.
WiseBuys (www.wisebuysstores.com) currently has five (5) locations representing approximately 230,000 square feet, and it has partnered with other retailers such as Payless ShoeSource, Inc. and KB Toys to expand rapidly in rural markets in primarily former Ames locations. WiseBuys and its in-store partners have generated store revenues of over $35 million since November 2003, and, after a brief pause, WiseBuys is now aggressively seeking growth through acquisitions and new store development. I am currently the Treasurer and CFO of WiseBuys Stores, Inc. The Seaway acquisition of WiseBuys will be subject to completion of audits of WiseBuys and is expected to close in July or early August 2007.
In addition, as reported in the news media WiseBuys has been in lengthy discussions with Hackett's (http://www.wisebuysstores.com/news/Adirondack_Daily_06-22-07.pdf) regarding a possible merger or acquisition. If such transaction were to be finalized, the combined company would have ten (10) locations and pro forma annual revenues of over $30 million. Hackett's is one of New York and the nation's oldest retail establishments with its roots dating back to 1830. Hackett's currently has five locations in northern New York.
Additionally, Seaway Capital is seeking equity and debt investments in other retail, restaurants, media, business services, manufacturing, and select technology companies.
About Seaway Capital
Seaway Capital 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 Capital also seeks investments in leveraged buyouts and restructurings. Seaway Capital will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, and manufacturing. Seaway Capital 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 CEOcast, Inc. Investor Relations: Andrew Hellman, 212-732-4300
-------------------------------------------------------------------------------- Source: GS Carbon Corporation
Posted by flanders1114 on :
this sucks , dont know why MM take this down with such good news
Posted by thesource on :
Looks like another one bites the dust , for now atleast .
Posted by SherriT on :
GSCR up almost 90% today....somebody knows something.
Posted by Fuzzy1018 on :
on the last run it ran to over 5c
Posted by Fuzzy1018 on :
can we get to over 1c today .0074/.0075
Posted by Fuzzy1018 on :
for some reason mm's tryin' to keep it below .008 .0078/.0079
Posted by Fuzzy1018 on :
.0079/.008
Posted by Fuzzy1018 on :
got thru .008/.0081 now looking extremely good here
Posted by Fuzzy1018 on :
breakin' out now
Posted by Fuzzy1018 on :
.0085/.0085
Posted by Fuzzy1018 on :
last dip for today imo
Posted by Fuzzy1018 on :
.0078/.0079 dropped it on big buys
Posted by Fuzzy1018 on :
mm's playin' games imo
Posted by lostone on :
quote:Originally posted by Fuzzy1018: mm's playin' games imo
they are, and we only can play along or get run over..
Posted by Fuzzy1018 on :
can't believe it dipped all the way to .007 again
Posted by Fuzzy1018 on :
quote:Originally posted by lostone:
quote:Originally posted by Fuzzy1018: mm's playin' games imo
they are, and we only can play along or get run over..
agreed, good buy opp here for monday's gapper up. insane volume for a 4th of july week
Posted by Fuzzy1018 on :
will hit a lot of radars over the weekend due to huge volume imo
Posted by Fuzzy1018 on :
we wud've been much higher at eod if it wasn't friday imo.
Posted by SherriT on :
They played this thing to death today - flippers had a field day on it. 100 mil traded - you bet it will be on radars. That is more volume than it had on the 2700% run....
Posted by Fuzzy1018 on :
lookin' real good this morning imo .0075/.008
Posted by Fuzzy1018 on :
.007/.008
Posted by Fuzzy1018 on :
i meant .0077/.008 some big buys at .008
Posted by Fuzzy1018 on :
more than 10mil in first 20mnts and most buys at .008 and night still didnt budge wow
Posted by Fuzzy1018 on :
dip .007/.0072
Posted by Fuzzy1018 on :
.0065/.007 now; trying to add some more here
Posted by 10of13 on :
I have some fuzzy...but be careful...this seems to be diluting...
Posted by Fuzzy1018 on :
quote:Originally posted by 10of13: I have some fuzzy...but be careful...this seems to be diluting...
some1 is playing games imo; and loading up big
Posted by 10of13 on :
I'm still in and watching...but man...with the volume this am? Seems it should have gone trhough that .008...
Posted by Fuzzy1018 on :
they shud let it loose soon imo; when this one turns it turns pretty fast
Posted by Fuzzy1018 on :
looking a little better now
Posted by Fuzzy1018 on :
.0065/.007 now
Posted by Fuzzy1018 on :
fews buys at ask and we could be off to the races imo
Posted by Fuzzy1018 on :
there we go we are bck to green .007/.0075
Posted by Fuzzy1018 on :
ask getting hit hard
Posted by 10of13 on :
Yep...shaping up again... let's hope they let it pop through the .008!!
Posted by Fuzzy1018 on :
float as of today 352,581,515
Posted by Fuzzy1018 on :
mm's working hard to keep this down imo .0066/.007 now
Posted by Fuzzy1018 on :
heating up now .0071/.0075
Posted by Fuzzy1018 on :
.0074/.0075
Posted by flanders1114 on :
8K FILLED AND GO GET A LOOK, IM VERY EXCITED AND ALSO THE IHUB BOARD
Posted by 10of13 on :
Effective July 1, 2007, the Company's majority shareholder, Seaway Capital, Inc., converted 308,234,884 shares of Company common stock into 21,750 shares of Company Series B preferred stock
AND
After this conversion is effected, the Company will have approximately 186,099,879 shares of common stock outstanding and 100,000 shares of Series B preferred stock.
Posted by 10of13 on :
So since this was completed July 1st...that would explain the rise the last weeK of June right? Anyone think that it will change the PPS now? It's already done... it shouldn't change the current PPS...
Posted by Homersbud on :
Bring on the 01's!!
Posted by jordanm on :
looks like SBSH and NITE have a ton of shares to offload....watching
Posted by Fuzzy1018 on :
.0075/.0078
Posted by juice on :
crazy how this is trading looks like the float is pretty big, but 8k filing says only 186mill O/S? nss positions? the stock has been slaughtered with selling from .065 so that could be the case.... if so they will soon have to cover and with cusip change/new ticker coming they will be forced to do it, that can happen anyday now. this could get interesting. anyone in this?
Posted by 10of13 on :
I was in it until a few minutes ago...sold a nice chunk yesterday near the HOD sold the rest today ar 8...
I made some coin...but trading doesn't seem "right"... GLTA!
Posted by juice on :
nice job, and youre right it sure doesn't seem right but it really is looking better.
ARCA now jumped on bid BIG, and etrd went to ask at $1, rcbm at $8 LOL. slowly creeping up... hmmm
Posted by 10of13 on :
LOL..well...now that I sold it should run...
Posted by flanders1114 on :
from the ihub board,
its gonna happening, someone called TA
Posted by: crooked33 In reply to: None Date:7/11/2007 11:56:58 AM Post #of 6983
****NEWS****
Awesome news guys! Just called Atlas (b/c I am an a$$hole and I want to be the first in the know).
Talked to Amy's assistant...she asked Amy...AND...Amy said that there is a LARGE decrease hitting system tonight and updated LOWER number O/S will be available tomorrow!
FWIW!!!!!
Posted by flanders1114 on :
level 2 moving
Posted by flanders1114 on :
1cent is (((coming))) break out from here
Posted by flanders1114 on :
unreal NITE still selling!! they got to have millions upon millions of shares short WOW crazy. gonna get screwed LOL
Posted by jordanm on :
LIFT OFF !!! We have a lift off.
Posted by juice on :
BOOM Posted by 10of13 on :
Fantastic Guys! Posted by Homersbud on :
Well, there are those 01's I was hoping for a couple days ago but of course I'm out and missed them. SOB.
Congrats!
Posted by lostone on :
dang it, i fell for this one.. now trapped
Posted by jordanm on :
lostone...i think this will go a lot higher....$
Posted by thesource on :
I'm still kind of lost on this one . I bought into GSCT instead and the action seems to be dead over there . How is this whole merger suppose to go down again ?
Posted by 10of13 on :
WTH were those .09 trades?
Posted by Fuzzy1018 on :
20mil dumped at .009 damn
Posted by lostone on :
quote:Originally posted by Fuzzy1018: 20mil dumped at .009 damn
dang again?!??! this happened before i think
Posted by Fuzzy1018 on :
quote:Originally posted by lostone:
quote:Originally posted by Fuzzy1018: 20mil dumped at .009 damn
dang again?!??! this happened before i think
for the last couple of days it has happened; something stinks here I'm tryin' to sell my holding
Posted by TheRisktAkEr on :
mm's really working hard with this one; it'll break out any moment imo .0097/.0098
Posted by TheRisktAkEr on :
.0097/.01 now
Posted by juice on :
quote:Originally posted by Fuzzy1018:
quote:Originally posted by lostone:
quote:Originally posted by Fuzzy1018: 20mil dumped at .009 damn
dang again?!??! this happened before i think
for the last couple of days it has happened; something stinks here I'm tryin' to sell my holding
Im hearing a crazy huge short from a few rather reliable sources. we also now have a confirmed 186 mill O/S so obviously something is wrong, id say ftd transactions. then we also have merger news coming soon! NITE seems to be the one causing the problem, so whoever is shorting with NITE is in some trouble, but GL to you. I don't have a large position. not necessary on a squeeze of this nature if it happens. we can see multiple pennies easy once the cover starts but im not going to say wee or .10, .20 coming soon etc ...
Posted by TheRisktAkEr on :
quote:Originally posted by juice:
quote:Originally posted by Fuzzy1018:
quote:Originally posted by lostone:
quote:Originally posted by Fuzzy1018: 20mil dumped at .009 damn
dang again?!??! this happened before i think
for the last couple of days it has happened; something stinks here I'm tryin' to sell my holding
Im hearing a crazy huge short from a few rather reliable sources. we also now have a confirmed 186 mill O/S so obviously something is wrong, id say ftd transactions. then we also have merger news coming soon! NITE seems to be the one causing the problem, so whoever is shorting with NITE is in some trouble, but GL to you. I don't have a large position. not necessary on a squeeze of this nature if it happens. we can see multiple pennies easy once the cover starts but im not going to say wee or .10, .20 coming soon etc ...
yea alot of excitment, and I totally agree with you. NITE held this down today, but it'll explode soon imo .0098/.01
Posted by Fuzzy1018 on :
finally they let it thru .01
Posted by Fuzzy1018 on :
.01/.011 now
Posted by juice on :
quote:Originally posted by TheRisktAkEr:
quote:Originally posted by juice:
quote:Originally posted by Fuzzy1018:
quote:Originally posted by lostone:
quote:Originally posted by Fuzzy1018: 20mil dumped at .009 damn
dang again?!??! this happened before i think
for the last couple of days it has happened; something stinks here I'm tryin' to sell my holding
Im hearing a crazy huge short from a few rather reliable sources. we also now have a confirmed 186 mill O/S so obviously something is wrong, id say ftd transactions. then we also have merger news coming soon! NITE seems to be the one causing the problem, so whoever is shorting with NITE is in some trouble, but GL to you. I don't have a large position. not necessary on a squeeze of this nature if it happens. we can see multiple pennies easy once the cover starts but im not going to say wee or .10, .20 coming soon etc ...
yea alot of excitment, and I totally agree with you. NITE held this down today, but it'll explode soon imo .0098/.01
yep key is NITE jumping on bid BIG as well somehow that special someone also needs shares hmmmm lol. trying to play the fool
Posted by Fuzzy1018 on :
quote:Originally posted by juice:
quote:Originally posted by TheRisktAkEr:
quote:Originally posted by juice:
quote:Originally posted by Fuzzy1018:
quote:Originally posted by lostone:
quote:Originally posted by Fuzzy1018: 20mil dumped at .009 damn
dang again?!??! this happened before i think
for the last couple of days it has happened; something stinks here I'm tryin' to sell my holding
Im hearing a crazy huge short from a few rather reliable sources. we also now have a confirmed 186 mill O/S so obviously something is wrong, id say ftd transactions. then we also have merger news coming soon! NITE seems to be the one causing the problem, so whoever is shorting with NITE is in some trouble, but GL to you. I don't have a large position. not necessary on a squeeze of this nature if it happens. we can see multiple pennies easy once the cover starts but im not going to say wee or .10, .20 coming soon etc ...
yea alot of excitment, and I totally agree with you. NITE held this down today, but it'll explode soon imo .0098/.01
yep key is NITE jumping on bid BIG as well somehow that special someone also needs shares hmmmm lol. trying to play the fool
I guess he realized he can't hold it down to cover his shorts anymore, so he's decided to load up before the big move and make some cash
Posted by Fuzzy1018 on :
not filling orders lol .0102/.011 now
Posted by jordanm on :
this thing looks like its going higher...the symbol change will make it happen I think...still in NITE's control....needs to get past NITE...
Posted by TheRisktAkEr on :
about to explode it seems
Posted by TheRisktAkEr on :
more games, I just hope there is a pr of buyout or something before opening tom.
Posted by Fuzzy1018 on :
Great News this is going to fly! GS Carbon Executes Agreement to Acquire Majority Stake of WiseBuys Stores, Inc.
2007-07-13 06:00 MT - News Release
NEW YORK -- (Business Wire)
GS Carbon (OTC Bulletin Board: GSCR) today announced it has recently executed a number of share purchase agreements to acquire preferred and common stock of WiseBuys Stores, Inc. that equate to an approximate 60% voting stake in the company. The transaction is contingent upon completion of audited financials for WiseBuys.
Specifically, the share purchase agreements call for: (i) the acquisition of approximately 1.4 million of WiseBuys Series A Preferred Stock for approximately $2.08 million; (ii) the acquisition of 330,000 shares of WiseBuys common stock for $165,000, and (iii) the contribution by GS Carbon CEO, Tom Scozzafava, of 660,000 shares of WiseBuys common stock for no proceeds. Once effective, the selling WiseBuys shareholders will receive aggregate notes issued by GS Carbon totaling about $2.25 million. WiseBuys Stores, Inc. currently has approximately 1.833 million common shares issued and outstanding and approximately 2.2 million Series A Preferred shares issued and outstanding.
Tom Scozzafava, GS Carbon CEO and WiseBuys Stores, Inc. CFO, stated, “Once the audited financials are completed and these agreements become effective, this will be the first step towards getting GS Carbon a significant control position in WiseBuys. Additional share purchases by GS Carbon of WiseBuys stock may be forthcoming as well. WiseBuys will then seek to grow organically and through acquisitions. As stated in the press, WiseBuys has been in discussions with Hacketts for a number of months regarding a merger or acquisition. We hope to bring this to closer in the near future.”
GS Carbon was recently acquired by Seaway Capital (www.seawaycapital.com), which was formed in 2002 as a merchant banking company and will control significant stakes in various operating companies. Shortly after the closing of the transaction, Seaway intends to merge or have acquired into GSCR its or its founder’s holdings including that of WiseBuys Stores, Inc., (“WiseBuys”), a big box retail chain it founded in 2003 with former Ames Chairman and CEO, Joe Ettore, and former BJ Wholesale executive, Joe LaChausse. WiseBuys (www.wisebuysstores.com) currently has five (5) locations representing approximately 230,000 square feet, and it has partnered with other retailers such as Payless ShoeSource, Inc. and KB Toys to expand rapidly in rural markets in primarily former Ames locations. WiseBuys has generated store revenues for itself and its partners of over $35 million since November 2003, and, after a brief pause, is now aggressively seeking growth through acquisitions and new store development.
Seaway Capital is seeking additional debt and equity investments in retail, restaurants, media, business services, manufacturing, and technology companies.
About Seaway Capital, Inc.
Seaway Capital, Inc., which was formed in 2002 as “Seaway Capital Partners, LLC”, makes equity and equity-related investments in companies that require expansion capital and in companies pursuing acquisition strategies. Seaway Capital also seeks investments in leveraged buyouts and restructurings and will consider investment opportunities in a number of different industries, including retail, media, business services, and manufacturing. Seaway Capital 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.
Contacts:
Seaway Capital Corporation contact*seawaycapital.com www.seawaycapital.com or Investor Relations: CEOcast, Inc. Andrew Hellman, 212-732-4300
Source: GS Carbon
Posted by Fuzzy1018 on :
seems like mm's knew about the news coming thats why they played games all day; we're gapping hard .01/.0105
Posted by Fuzzy1018 on :
.0105/.0109
Posted by Fuzzy1018 on :
.0109/.011
Posted by Fuzzy1018 on :
huge buys at ask wowo
Posted by Fuzzy1018 on :
.0118/.0119
Posted by Fuzzy1018 on :
.0119/.012
Posted by Fuzzy1018 on :
all buys at ask and they still dip it lol
Posted by Fuzzy1018 on :
.02 today watch .0108/.011
Posted by Fuzzy1018 on :
all over the place this morning
Posted by Fuzzy1018 on :
manipulation; gap filled
Posted by Fuzzy1018 on :
this is insane .0083 now
Posted by Fuzzy1018 on :
i wish i had some dry powder for the dip Posted by lostone on :
the volume is crazy
Posted by juice on :
hmmmm whos got the shares and from where ugly day, started out fun though lol
Posted by lostone on :
yea, wish i had my sell from yesterday, would have gone thru.. bah.. just got more on the low.. hopefully gonna go up a bit.. it's a gamble
Posted by 10of13 on :
Seems this stock rises every morning only to take a big dip at around 10:30 and then does another run in the afternoon... It still isn't trading like I would think that it should trade...BUT this has so much attention...I know daytraders are flipping...that alone creates huge volume...
Posted by Fuzzy1018 on :
all this shorting, symbol and cusip change will do the trick imo.
Posted by Fuzzy1018 on :
turning; not filling orders why? .0089/.009 last .0086
Posted by Fuzzy1018 on :
.0091/.0093 last .009
Posted by 10of13 on :
It might make another little run...but There will be lots of sellers this afternoon...be careful...
Posted by mikeo69 on :
how low do you think it will go any one picking up anymore when it hits a price
Posted by Fuzzy1018 on :
today's news was a good one and yet people fell for mm's games this morning; i think it should recover nicely and run
Posted by TheRisktAkEr on :
Posted by: cdnkid10 In reply to: holter who wrote msg# 8967 Date:7/16/2007 10:13:13 AM Post #of 8996
We ARE Seaway Capital right now! We are no longer GS Carbon! There is a new cusip number coming shortly along with the official name change and new stock symbol! Currently Seaway Capital is buying a majority ownership of WISEBUY and it will also be part of Seaway Capital. Down the road, Seaway Capital will be purchasing other profitable companies and putting them under the umbrella of Seaway Capital. Seaway Capital then nurtures these companies to make them attractive company's that they then sell for huge profits and we as shareholders just hang on and reap the rewards! Check out Seaway Capitals website and you can see all the many other companies they have been involved with. Here is the link for your research:
many waiting for the cusip change, once its done then we'll fly imo. Good times to load at these levels before the pop imo .0071/.0075
Posted by TheRisktAkEr on :
Very interesting post imo.
Posted by: onlythebest In reply to: None Date:7/16/2007 11:10:11 AM Post #of 9020
Was doing some research this morning on trying to find out what type of valuation Seaway Capital stock should have at a minimum based on the purchase of WISEBUY. The numbers are pretty incredible.
First we know Tom is the CEO of Seaway and also the CFO of WISEBUY! We know Seaway is buying 1.4 million preferred shares of WISEBUY for $2.08 million which puts a valuation of the preferred shares at $1.49 per share.
Second we know Tom is purchasing 330,000 shares of WISEBUY common stock for $165,000 which therefore prices those common stock shares at .50 per share. Further we also know Tom is cancelling 660,000 shares of WISEBUY with no proceeds. Currently WISEBUY has 1.833 million shares so after the buy and cancellation of Tom's shares we will own 330,000 shares of a common stock float of 843,000 shares. That gives us 39% controlling ownership of WISEBUY common stock! Tom also stated in the last press release their will be further consideration of addition common stock purchasing of WISEBUY!
Third, based on the purchase of the Preferred Stock of 1.4 million shares of the 2.2 million they have, Seaway Capital will own 63%, controlling interest, in WISEBUY with a value of $1.49 per shares.
Somewhere in all of these shares being purchased, I just have to say when the assets are on Seaway Capitals books, there is no way this stock should be trading at the levels it currently is with 186 million shares Issued and Oustanding! Should it be .50 or $5.00 who knows but I ain't no rocket scientist but is sure as hell is worth more than .25 per share!
Just alittle DD for everyone!
jmho
Posted by TheRisktAkEr on :
.0075/.0078 now
Posted by TheRisktAkEr on :
back to green now .0078/.008 bright future ahead imo
Posted by TheRisktAkEr on :
someone bidwhacked lol .0076/.0077
Posted by Fuzzy1018 on :
Great news
July 17, 2007 09:41 AM Eastern Daylight Time WiseBuys Stores, Inc. Repays New York Business Development Corporation Loan Loan repayment represents approximately $1.245 million in bank debt reduction since formation
NEW YORK--(BUSINESS WIRE)--WiseBuys Stores, Inc. (“WiseBuys”) announced today that last week the company repaid in full its outstanding loan balances of the New York Business Development Corporation (“NYBDC” at www.nybdc.com). These loans had an original principal balance of $200,000 at the time of WiseBuys’ initial formation, and they represented the final senior loans at WiseBuys. Last year WiseBuys repaid additional senior loans from Key Bank, which were about $608,832 in original principal balance. Together, the entire senior balance of $808,832 was backed by the USDA’s Rural Development Loan Guarantee Program.
“We are pleased to report the repayment of these loans,” stated Thomas Scozzafava, a co-founder of WiseBuys and current CFO. “Together with the Key Bank loans, WiseBuys has managed to repay a significant portion of the initial debt resulting from the original formation of the company. I would like to thank Key Bank, the NYBDC, and the USDA Rural Development for their support of our company.”
In 2003 and 2004, WiseBuys also borrowed approximately $1.147 million from various county Industrial Development Agencies, of which principal of about $711,000 is outstanding today. In total, WiseBuys has repaid principal of approximately $1.245 million of bank and IDA loans. Scozzafava added, “It is our goal to continue to strengthen the company’s balance sheet to position the company for further growth opportunities. The weighted average interest rate of the remaining outstanding IDA loans is about 4.4%.”
Subject to completed audited financials, GS Carbon (OTCBB: GSCR) recently agreed to acquire a stake of approximately 60% of WiseBuys Stores, Inc. GS Carbon was recently acquired by Seaway Capital (www.seawaycapital.com), which was formed in 2002 as a merchant banking company and will control significant stakes in various operating companies. Shortly after the closing of the transaction, Seaway intends to merge or have acquired into GSCR its or its founder’s holdings including that of WiseBuys Stores, Inc., (“WiseBuys”), a big box retail chain it founded in 2003 with former Ames Chairman and CEO, Joe Ettore, and former BJ Wholesale executive, Joe LaChausse. WiseBuys (www.wisebuysstores.com) currently has five (5) locations representing approximately 230,000 square feet, and it has partnered with other retailers such as Payless ShoeSource, Inc. and KB Toys to expand rapidly in rural markets in primarily former Ames locations. WiseBuys has generated store revenues for itself and its partners of over $35 million since November 2003, and, after a brief pause, is now aggressively seeking growth through acquisitions and new store development.
Seaway Capital is seeking additional debt and equity investments in retail, restaurants, media, business services, manufacturing, and technology companies.
About Seaway Capital, Inc.
Seaway Capital, Inc., which was formed in 2002 as “Seaway Capital Partners, LLC”, makes equity and equity-related investments in companies that require expansion capital and in companies pursuing acquisition strategies. Seaway Capital also seeks investments in leveraged buyouts and restructurings and will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, and manufacturing. Seaway Capital 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.
Contacts Seaway Capital Corporation contact*seawaycapital.com www.seawaycapital.com or Investor Relations: CEOcast, Inc. Andrew Hellman, 212-732-4300
Posted by Fuzzy1018 on :
flying now; grab it before it gets to the pennies for good
Posted by Fuzzy1018 on :
.0087/.0089
Posted by Fuzzy1018 on :
10am dip watch it go much higher
Posted by Fuzzy1018 on :
moovin' up now
Posted by Fuzzy1018 on :
things just warming up here
Posted by Fuzzy1018 on :
.009/.0091
Posted by lostone on :
that is good news..
Posted by Fuzzy1018 on :
new HOD next leg up .01 imo
Posted by Fuzzy1018 on :
.0089/.009
Posted by Fuzzy1018 on :
huge buys going thru at .009
Posted by Fuzzy1018 on :
new HOD .0092/.0094 now
Posted by Fuzzy1018 on :
0093/.0094 ; .01 here we come
Posted by Fuzzy1018 on :
.009/.0094 am i the only one enjoying this ride to the pennies
Posted by lostone on :
i'm in too.. i'll cheer about it once it breaks .01 .. but still nervous at this level
Posted by Fuzzy1018 on :
yet another dip to .0083 wow good buy opp
Posted by lostone on :
nite doesn't want it to go up..
Posted by Fuzzy1018 on :
quote:Originally posted by lostone: nite doesn't want it to go up..
nite has killed the tun few times before, but today I think it'll run watch
Posted by Fuzzy1018 on :
they not filling much on the dips i tries and they ran lol
Posted by Fuzzy1018 on :
flippers slowing it for now by selling at the bid imo
Posted by Fuzzy1018 on :
.0082/.0085 now
Posted by Fuzzy1018 on :
From Todays PR:
1. Wisebuys- Seaway is a done deal- PR from Wisebuys and not from Seaway
2. Loan payoff- is a great sign of Profit making co
Posted by lostone on :
didn't really think it was gonna happen.. o well
Posted by Fuzzy1018 on :
it'll happen soon enough; higher lows and higher highs. laoding all dips here .008/.0082
Posted by Fuzzy1018 on :
it'll move back up after lunch imo .008/.0083 may be a good buy here
Posted by Fuzzy1018 on :
bid building .008(5)/.0084(1)
Posted by Fuzzy1018 on :
.0082/.0085 now
Posted by Fuzzy1018 on :
1 left at .0085
Posted by Fuzzy1018 on :
afternoon run coming imo- bid building .0084/.0085 huge support at .008
Posted by lostone on :
Aturd is out again
Posted by lostone on :
Fuzz, u got the L2? and last price? Aturd is still out
Posted by 10of13 on :
1 at .0081/1 at .0085 last .0082
Posted by lostone on :
thanx 10 .. it's back up now.. i missed that rise
Posted by Fuzzy1018 on :
are we at a penny yet Posted by lostone on :
nope.. and i doubt we are today
Posted by lostone on :
just bought some more at .007
Posted by Fuzzy1018 on :
wow huge news out
Posted by lostone on :
WiseBuys Stores, Inc. Executes Agreement to Acquire Hacketts 9:38a ET July 20, 2007 (Business Wire) WiseBuys Stores, Inc. ("WiseBuys") announced today that it has executed an agreement with its owners to acquire 100% of the stock of Patrick Hackett Hardware Company ("Hacketts"). Hacketts, which is one of the nation's oldest retailers, currently has stores in New York State in the villages of Canton, Ogdensburg, Massena, Potsdam, and Watertown. WiseBuys current locations include Canton, Gouverneur, Hamilton, Pulaski, and Tupper Lake - all also in New York State.
"We are pleased to announce this agreement to acquire Hacketts," stated Thomas Scozzafava, a co-founder of WiseBuys and current CFO. "WiseBuys and Hacketts combining into one entity is strategic for a number of reasons, including the sharing of managerial resources, increasing purchasing power, leveraging current advertising spending, and diversifying the combined company's merchandise mix. We anticipate taking the best from both companies and combining those qualities under one roof under the store brand 'Hacketts'," Mr. Scozzafava added.
The acquisition, which calls for a $1.5 million payment at closing and additional payments of $4.5 million over eight years, includes management agreements for the retention of the founding family members as well as Hacketts current CEO.
Posted by lostone on :
didn't know which thread to use.. anyway, nite is sitting on .007 .. doesn't want it to go ..
Posted by Fuzzy1018 on :
this is a great news and yet the mm's trying to scare people out of their shares, why? we should be over .02 by now with all the good news we've had
Posted by pepa z depa on :
I read on Ihub that their TA is gagged and while seeing NITE dominating the game, I would not rather go in. however the story is really good. with all money flow, it should be already few cents at least.
Posted by Fuzzy1018 on :
plus the shorts will have to cover sooner or later, and when they do watch out imo
Posted by Fuzzy1018 on :
quote:Originally posted by pepa z depa: I read on Ihub that their TA is gagged and while seeing NITE dominating the game, I would not rather go in. however the story is really good. with all money flow, it should be already few cents at least.
they just gagged the TA today, i think it'll be ungagged again as soon as the update the share structure after the aquisition imo
Posted by lostone on :
ARCA sitting on bid in and out.. wonder what that's about
Posted by Fuzzy1018 on :
quote:Originally posted by Fuzzy1018:
quote:Originally posted by pepa z depa: I read on Ihub that their TA is gagged and while seeing NITE dominating the game, I would not rather go in. however the story is really good. with all money flow, it should be already few cents at least.
they just gagged the TA today, i think it'll be ungagged again as soon as the update the share structure after the aquisition imo
Posted by Fuzzy1018 on :
quote:Originally posted by Fuzzy1018:
quote:Originally posted by Fuzzy1018:
quote:Originally posted by pepa z depa: I read on Ihub that their TA is gagged and while seeing NITE dominating the game, I would not rather go in. however the story is really good. with all money flow, it should be already few cents at least.
they just gagged the TA today, i think it'll be ungagged again as soon as the update the share structure after the aquisition imo
just as i said earlier; TA is ungagged now
Posted by Fuzzy1018 on :
someone is really holding this down .0065/.0067 now
Posted by SherriT on :
Shorts, Shorts, and more Shorts....
Posted by lostone on :
this blows.. waiting game
Posted by lostone on :
holy crap.. 8-K O/S increased to 369mil july3-20 dang it.. ******* Cornell again..
Posted by SherriT on :
But, originally it was in the 700 mil range, so they retired a stack, and reissued some....we are still at basically half of the OS we had prior to the retiring a couple of weeks ago.
Hopefully the CUSIP change, et al, will generate a squeeze or some good activity this week....
![[Eek!]](eek.gif)
![[Wink]](wink.gif)
![[Confused]](confused.gif)
it shouldn't change the current PPS...
![[Big Grin]](biggrin.gif)
![[Smile]](smile.gif)
...
![[Frown]](frown.gif)