Leute schnell noch positionieren!

das ist so sicher wie das amen in der kirche.

news vom 25.07.08

auszug...


..........The Reverse Split and Share Increase will increase the number of shares available for issuance by the Board of Directors to 9,533,397,681. The Board of Directors will be authorized to issue the additional common shares without having to obtain the approval of the SVCC shareholders.......


@_BBB_

AUCH DU MUSS NUN DIR EINGESTEHEN DAS SEAWAY TOD IST.  

Name and Address of
Amount and Nature
Aggregate
Percent
of
Beneficial Owner(1)
of Beneficial Ownership(2) Percent of Class
Voting Power


Thomas Scozzafava
100,000 Series E
100.0%

80.0%
Christopher Swartz (3)
310,146 Series D
29.5%

2.6%
Current executive officers and
directors as a group (2 persons)
100,000 Series E
100.0%
80.0%
310,146 Series D
29.5%
2.6%
Dierdre Scozzafava
442,150 Series C

30.5%

3.0%
Frederick Scozzafava
398,100 Series C

27.5%
2.7%
William Scozzafava
138,500 Series C

9.6%
0.9%
Joseph G. La Chausse
102,500 Series C

7.1%
0.7%
Silver Hamilton, LLC
180,290 Series C

12.4%
1.2%
3109 Stirling Road, Suite 200
Ft. Lauderdale, FL 33312
____________________________


3




(1)
The address of each owner, unless otherwise specified, is c/o Seaway Valley Capital Corporation, 10-18 Park Street, 2 nd Floor, Gouverneur, N.Y. 13642
(2)
Except as indicated in the footnotes to this table and pursuant to applicable community property laws, each stockholder named in the table has sole voting and investment power with respect to the shares set forth opposite such stockholder's name.
(3)
Includes 310,146 Series D shares held by five organizations over which Mr. Swartz has dispositional and voting control.

AMENDMENT OF THE CERTIFICATE OF INCORPORATION
TO EFFECT A REVERSE SPLIT OF THE COMMON STOCK AND TO INCREASE THE AUTHORIZED COMMON STOCK

The Board of Directors of SVCC has adopted a resolution to effect a reverse split of SVCC’s common stock in the ratio of 1:5 (the “Reverse Split”) and to increase the number of shares of common stock authorized by the Certificate of Incorporation from 2,500,000,000 to 10,000,000,000 (“Share Increase”). No fractional shares or scrip will be issued; rather, shareholders who would otherwise be entitled to a fractional share as a result of the Reverse Split will receive one whole share of SVCC common stock in lieu of the fraction.

Reasons for Approving the Reverse Split and Share Increase
There are two primary reasons why the Board of Directors approved the Reverse Split and Share Increase. The first reason is that our Certificate of Incorporation currently authorizes the Board of Directors to issue 2,500,000,000 shares of Common Stock, of which 2,333,011,591 shares have been issued and are outstanding. However, there are also outstanding

Convertible Preferred Shares of classes C, D and E, which are convertible into an aggregate total of 171,787,105,189 shares of Common Stock, based on the market price of $.0004 at July 24, 2008;

Warrants which, when exercised, entitle the holder to purchase 194,600,000 shares of Common Stock; and

Convertible Debentures which are convertible, in the aggregate, into a total of 28,464,139,683 shares of Common Stock, based on the market price of $.0004 at July 24, 2008.
The table below identifies the specific securities that are convertible into shares of our Common Stock. The column labeled “Potential Conversion” shows the number of common shares into which the security could be converted at the market price of $.0004 on July 24, 2008.

Security-Holder Original Amount Currently Outstanding Potential Conversion
Series C Preferred(1) 1,458,236 1,449,236 17,049,835,294
Series D Preferred(2) 1,050,000 1,050,000 15,441,176,471
Series E Preferred(3) 100,000 100,000 139,296,093,424
Total - Preferred 171,787,105,189
Warrants 194,600,000 194,600,000 194,600,000
Debentures:
YA Global Investments, L.P. (4) 2,799,037 2,372,673 7,908,910,000
Paul Graham(5) 525,000 415,000 2,075,000,000


4






JMJ Financial(6) 1,525,000 1,488,000 4,960,000,000
Golden Gate Investors, Inc. (7) 1,500,000 1,280,000 4,210,526,316
Renzi Brothers(8) 205,000 205,000 788,461,538
Hackett’s Investors (9) 950,000 950,000 2,638,888,888
Hackett’s Sellers (10) 2,000,000 2,000,000 5,882,352,941
Total - Debentures 28,464,139,683
Total Potential Conversion 200,445,844,872
(1)
The Series C Preferred shares were issued in 2007 in exchange for ownership of WiseBuys Stores, Inc. The shares are convertible at 21¼% of the market price.
(2)
The Series D Preferred shares were issued in 2008 in exchange for ownership of North Country Hospitality, Inc. The shares are convertible at 85% of the market price.
(3)
The Series E Preferred shares are owned by Thomas Scozzafava, our Chairman. They are convertible into 80% of the fully diluted outstanding shares.
(4)
The convertible debentures held by YA Global Investments, LP are convertible at 75% of the market price.
(5)
The convertible debenture held by Paul Graham is convertible at 50% of the market price.
(6)
The convertible debentures held by JMJ Financial are convertible at 75% of the market price.
(7)
The convertible debentures held by Golden Gate Investors, Inc. are convertible at 76% of the market price.
(8)
The convertible debenture held by Renzi Brothers is convertible at 65% of the market price.
(9)
The convertible debentures held by the “Hackett’s Investors” were issued in exchange for debt that those investors held in Patrick Hackett Hardware Company, which was acquired by the Company in 2007. They are convertible at 90% of the market price.
(10)
The convertible debentures held by the “Hackett’s Sellers” were issued in 2007 in exchange for ownership of Patrick Hackett Hardware Company. They are convertible at 85% of the market price.
Therefore, there is not an adequate number of authorized but unissued shares of Common Stock available for conversion of the outstanding Preferred Shares and Convertible Debentures and the exercise of the Warrants. The Reverse Split and the Share Increase will make available some of the shares needed for these purposes. Management hopes that an increase in the stock price will reduce the magnitude of the potential conversions and make 10 billion authorized shares adequate for its purposes. There is no assurance, however, that an additional recapitalization will not be required at a later date.
The second reason for the Reverse Split and Share Increase is that the Board of Directors wishes to have authorized but unissued stock available for various purposes, such as effecting acquisitions, business expansion, obtaining financing, and recruiting management personnel, all of which will be necessary if SVCC is to undertake new business operations.
At the present time, the Board of Directors has not made any specific plan, commitment, arrangement, understanding or agreement with respect to the additional shares that will be available for issuance after the Reverse Split and Share Increase, other than the issuance of common stock upon conversion of the Preferred Stock and Convertible Debentures and exercise of the Warrants.


5




General Effect of the Reverse Split and Share Increase
The table below shows the cumulative effect of the Reverse Split and Share Increase (together, the “Recapitalization”) on SVCC’s common shares outstanding at July 24, 2008, as well as the effect of the Recapitalization on the number of shares that will be outstanding if all of the outstanding preferred stock and debentures are converted, based on the market price of $.0004 at July 24, 2008. The column labeled “After Recapitalization” does not reflect any adjustments that may result from the rounding up of fractional shares. We cannot calculate at this time the number of whole shares that will be issued in lieu of fractions as a result of the Reverse Split.


Prior to After
Recapitalization Recapitalization
Shares of Common Stock:
Authorized 2,500,000,000 10,000,000,000
Issued and outstanding 2,333,011,591 466,602,319
Available for issuance 166,988,409 9,533,397,681

Issuable upon conversion of Series C Preferred 17,049,835,294 3,409,967,059
Issuable upon conversion of Series D Preferred 15,441,176,471 3,088,235,295
Issuable upon conversion of Series E Preferred 139,296,093,424 27,859,218,685
Issuable upon exercise of the Warrants 194,600,000 38,920,000
Issuable upon conversion of Debentures 28,464,139,683 5,692,827,937

Outstanding if all Warrants are exercised and
all Preferred Shares and Debentures are converted 202,778,856,463 40,555,771,293

Available for issuance after exercise of Warrants
and conversion of all Preferred Shares and Debentures 0 0



The Reverse Split and Share Increase will increase the number of shares available for issuance by the Board of Directors to 9,533,397,681. The Board of Directors will be authorized to issue the additional common shares without having to obtain the approval of the SVCC shareholders. Delaware law requires that the Board use its reasonable business judgment to assure that SVCC obtains “fair value” when it issues shares. Nevertheless, the issuance of the additional shares would dilute the proportionate interest of current shareholders in SVCC. The issuance of the additional shares could also result in the dilution of the value of shares now outstanding, if the terms on which the shares were issued were less favorable than the contemporaneous market value of SVCC common stock.
The Reverse Split and Share Increase, with the resulting increase in the number of shares available for issuance, are not being done for the purpose of impeding any takeover attempt. Nevertheless, the power of the Board of Directors to provide for the issuance of shares of common stock without shareholder approval has potential utility as a device to discourage or impede a takeover of SVCC. In the event that a non-negotiated takeover were attempted, the private placement of stock into “friendly” hands, for example, could make SVCC unattractive to the party seeking control of SVCC. This would have a detrimental effect on the interests of any stockholder who wanted to tender his or her shares to the party seeking control or who would favor a change in control.

How the Reverse Split and Share Increase Will Be Effected


6




The officers of SVCC will file an amendment to the Certificate of Incorporation with the Delaware Secretary of State effecting the Reverse Split and Share Increase. The amendment will provide that each five shares of common stock outstanding at the close of business on the effective date of the filing will be exchanged for one post-Reverse Split share of SVCC common stock (“New Common Stock”). The New Common Stock will not be different from the common stock held by SVCC shareholders prior to the Reverse Split. The holders of the New Common Stock will have the same relative rights following the effective date of the Reverse Split as they had before the effective date.


Exchange of Stock Certificates and Liquidation of Fractional Shares.
Upon filing of the certificate of amendment with the Delaware Secretary of State, the outstanding certificates representing shares of SVCC common stock will be automatically converted into certificates representing shares of New Common Stock. Every shareholder who surrenders a certificate representing shares of common stock to the transfer agent with the appropriate stock transfer fee will receive a certificate representing the appropriate number of shares of New Common Stock. The name and address of the transfer agent for SVCC is
Standard Registrar & Transfer Co., Inc.
12528 South 1840 East
Draper, Utah 84020
(801) 571-8844

No Dissenters’ Rights

Under Delaware law, shareholders are not entitled to dissenters’ rights with respect to any of the transactions described in this Information Statement.

* * *  

Seaway ist nicht Pleite.
RS ..1 für 5 und A/S 2.5 auf 10 Billionen erhöht....
Verkaufen lohnt nicht..aussitzen und abwarten...
Market Cap von 900k lolololololol was fürn witz...Seaway ist viel mehr wert und wir werden bis zum Datum des R/S einige Überraschungen erleben IMO....

Ich verkaufe nicht.  

auch das tom gelogen hat, da er ein RS ausgeschlossen hat.

seaway ist am ende und ich glaube kaum das dieser wert noch einmal steigen wird.

mann der wahrheit ins auge schauen...tom hat uns alle verarscht.

wann soll der RS denn kommen ???  

25 August...noch viel Zeit bis dahin...
Den GS Agri R/S hatte er damals auch angekündigt und dann gecanceled...
Die pps ist runtergehorted meiner Meinung nach...was ist wenn die shorts jetzt covern ?
Was ist wenn das market cap auf multimillioinen steigt vorher ??? (GS AGRI?)
Fact ist auch dass nichts mehr dilutiert werden kann bis zum R/S (2.5b AS , bei 2.3 setehn wir gerade)
Wer hat die ganzen hundernmillionen Shares die letzten Wochen aufgesaugt, das waren keine normalen Trader IMO ....  

Bin auch ein bisschen aufgebracht gerade..hm....  

ist das jetzt fakt das der split kommt ?
und wetten dann wird sich hier einiges ändern?
ich glaub ich leg noch mal nach.
IMHO

wie hoch stehen wir nach dem split?????
wenn er danach wieder dilutieren will dann muß er auch den kurs wieder hochdrücken oder ?
das ist vielleicht die chance hier wieder plus minus raus zu kommen.

Wie war das nochmal ?
Als ich hier eingestiegen bin hatten wir glaube ich 4-5 mal weniger Aktien, aber mein Invest ist 13-14 mal weniger Wert...und ich habe sogar nachgelegt...
Was mich daran stutzig mach..
Seaway ist bestimmt nicht weniger Wert seither..LOL
Die Preisfrage ist...wird die A/S Erhöhung auch erst am 25ten August stattfinden..wenn ja BINGO ! Wenn nein dann wirds lange dauern...
Wenn die Theorie stimmt dann ist jetzt die beste Möglichkeit zu akkumulieren.
Dieser Monat wird sehr Spannend meiner Meinung nach.

- Das Marktkapital ist ein Witz und stimmt bestimmt niemals..(900k????)
- Seaway wird ohne Ende geshortet, werden die Shorties covern ? (YA?)
- Was verbirgt sich hinter Tür 2 3 und 4 ? (all die Ankündigungen)
- Was ist Toms Plan? Er hätte auch nen 1000 für 1 Split machen können...hat er aber nicht.
- Wie sieht das Filing aus am 15. August ?
- Wenn Teile von GS Agri oder GERS kommen...was ist das wert ?
- Welche Rolle spielt Tom bei Zeropoint Cleantech wirklich ?
- Warum die Geheimnistuerei ?
- Wer ist noch alles da... LOL ?
 

kannst du mir das mal alles übersetzen.
a/s   agri   gers und so
du weißt ich bin noch nicht so fit dadrin.
covern?
danke
w

ich muss sagen ich bewundere immer noch deinen optimismus, doch teilen kann ich ihn leider nicht mehr.

tom s. hat nun wirklich versprochen das es keinen RS geben wird und nun.....ich nenne das lügen...auch was das buyback angeht so zweifele ich mittlerweile sehr stark daran, das es süberhaupt so weit kommen wird.

für mich sieht das ganze nach einer legalen abzocke aus.....leider

was denkst du wie sich der kurs nach einem RS entwickeln wird....???



lg

stefan.

p.s. wäre nett wenn du dich hier etwas mehr blicken lassen würdest, da ich deine postings sehr schätze.

 

Stefan es kann so oder so ausgehen..dass es keinen R/S geben wird hat er ofiziell nie versprochen. (Das waren Mails an diverse Aktionäre kyle, crooked)
Ich denke die Mails waren authentisch, eine habe ich analysiert wie ihr euch evtl. noch erinnern könnt.

Ich frage mich nur wann die A/S erhöht wird..(A/S = maximale Authorisierte Stückzahl an Aktien)
Sollte A/S erst am 25. August also mit dem R/S erhöht werden kann bis dorthin nicht mehr viel verwässert werden. (weniger als 200mill)
Je höher der Aktienpreis bis dorthin ist um so weniger Konvertierbare Aktien wird es nach dem R/S geben.
Es werden alle Aktien gesplittet (Preferreds, Commons und die CD's haben alle keinen fixpreis sondern sind abhängig davon wie bei Konvertierung der durchschnittliche Aktienpreis glaube der letzen Woche war..)
Die Berechnung im Filing von Freitag ist also rein fiktiv zu sehen bei 0.004$ ..... die Berechnung sieht aber ganz anders aus wenn die pps höher ist.
Und es wundert viele wer die ganzen Aktien absorbiert hat in den letzten Wochen.(Hohes Volumen)

Ich hoffe für uns alle dass meine Vermutung mit dem 25. August stimmt..ansonsten muss ich deinen "hochemotionellen Postings" (LOL) die du dir hier geleistet hast absolut recht geben Stefan ! ;)
Falls Tom uns hier verarscht gibt es mittlerweile schon genug Leute die etwas unternehmen werden. (Worst Case)

bbb





 

ihr reitet ein totes pferd. also zeit, abzusteigen. ich beobachte den wert schon geraume zeit. die sind pleite.

seaway ist nicht pleite....  

Und die sollen noch mal kommen, hahahahahahahahaha ;-)  

das sind trades..also gabs nen Käufer.....  

oder was meinst du wer da jetzt noch munter drauf los kauft ?

Es hält doch niemand mehr was auf seawix und dann soooooooviel Umsatz in ein paar Minuten??

Die letzten Wochen gingen mehrere hundert Mio  über den Tisch....alles Anleger ??

Nieeeemals  das ist ein fake ;-/  

Investment ;./  

fürchtete/angenommene Abverkauf auf Kursniveau 0.0001$ (a la Pleite etc.) ist NICHT eingetreten...

in diesem Sinne - bis in ca. 3Wochen (zum Quartalsbericht)/RS

 --ax--

...........reverse split 1:51    10 milliarden shares ! HOE !
...na denn prost mahlzeit...alles unter news !  

1:5 und das ist ein PRE filing....erst wenn das DEF kommt wissen wir wirklich was kommt...
@ax du hast recht..wundere mich wer heute schon wieder soviel gekauft hat...  

2 new blogs from the skunkhunter..

http://greenshift-gers.blogspot.com/2008/07/in-coe-old-days-2005.html

http://greenshift-gers.blogspot.com/2008/07/journey-into-maze.html  

Switchgrass as bioenergy will be topic in Madrid
TUESDAY, JULY 29, 2008
MADRID — Growing switchgrass as a bioenergy crop will be the topic of a field day Aug. 12 at Tom Lee's farm, Smith Corners Road.

The Cornell Bioenergy Feedstock Project field day from noon to 2 p.m. includes presentations by Mr. Lee, Hilary Mayton, Cornell, and Jonathan Parry, ZeroPoint Clean Tech, a renewable energy technology company. Representatives of Performance Plants, a biotech and feedstock developer, will be present.

The agenda will cover production practices, reading seed labels, and developing switchgrass markets.

Lunch will be served. To register, call Cornell Cooperative Extension, 379-9192.

The U.S. Department of Energy has identified switchgrass, a North American prairie native, as the perennial grass with the most promise as a biomass crop.

SOURCE:
http://www.watertowndailytimes.com/article/...will+be+topic+in+Madrid  

nicht warum aber mein bauch sagt mir ich sollte nachkaufen was meint ihr???

ich denke - hier wartet jeder auf die angebliche Pleite (0.0000000000xxx$) , die auch heute nicht wieder eintrifft!?