Leute schnell noch positionieren!

Ask yourself this one question;

Based on what you see, as a shareholder, how do you really feel about Tom Scozzofava?

My answer; He has done nothing for shareholders.

This is what he has done;

He has paid for legacy debt with shareholder money.

He has saved temporarily Wisebuys from failure with shareholder money.

He has purchased Hacketts with shareholder money.(6 million dollars and Hacketts has 9 million in debt!)

He has purchased North Country with shareholder money.( We have yet to see their books!)

He has benefitted from shareholders with $260,000 salary and 100,000 Series E shares!

He has given friends and family wealth with shareholder money by converting worthless Wisebuys shares into Series C Seaway Shares at 4 bucks a share, over 5 million dollars!

"During the year ended December 31, 2007, the Company issued 84,414,911 shares of common stock in the first and second quarters of 2007 to officers and employees in exchange for services. The shares were valued at $2,214,904."

Further greed, this is really disgusting, Tom first;

"In the event of any liquidation, dissolution or winding up of the Corporation, holders of shares of Series E Preferred Stock shall be entitled to receive in a cash out of the assets of the Company, whether from capital or from earnings available for distribution to its stockholders, before any amount shall be paid to the holders of Company's Common Stock".

Then Series C shareholders;

Upon the liquidation, dissolution and winding up of the Corporation, the holders of the Series C Convertible Preferred Stock shall be entitled to receive in cash out of the assets of the Corporation, whether from capital or from earnings available for distribution to its stockholders, before any amount shall be paid to the holders of common stock, the sum of Four Dollars ($4.00) per share, after which the holders of Series C Convertible Preferred Stock shall have no share in the distribution

Tom will let us know/has to let us know when the debt is finished. Do you REALLY think if Tom wants to hold another job in his lifetime, he would be doing this to a company out in the public? As you can see, there have been MANY MANY MANY news articles regarding Seaway Valley from upstate New York. These people believe in Tom, and so do I as well as many other investors here. Like I have said before, I am TRULY sorry if you thought this was going to be a flip and win, and got stuck. Tough luck right? Many people called this a lotto play when it first started out, how many people win the lotto? Few. So i still do not get why people are complaining about SP when they called it a lotto play. Do i think this a lotto play? No, i think this is an INVESTMENT.

my hands are getting tired, thats it for now.

-kgz

Chris Swartz, President of North Country stated, “Other companies I have been affiliated with have used Quantified Purchasing Resources in the past, I can say from that experience that this agreement should result in material savings for the company.” Mr. Swartz continued, “The QPR team is comprised of individuals with tremendous experience and knowledge within the restaurant and food procurement industry, and this relationship nicely positions our restaurant group as we look for further expansion opportunities.”

North Country recently merged and operates as a wholly owned subsidiary of Seaway Valley, which is a publicly traded investment and operating company. North Country (www.northcountryhospitality.com) was formed in 2005 to develop or acquire and operate lodging, restaurant, and recreational venues in and around northern New York, which is commonly referred to as the “north country” region of New York. In addition, North Country Hospitality seeks to acquire or develop strategic consumer products that complement its core hospitality businesses and that can be positioned for growth outside the region. The company’s current holdings include: (i) Sackets Harbor Brewing Company, which develops, produces, and markets micro brewed beers such as the award winning “1812 Amber Ale” and “Railroad Red Ale” as well as “Thousand Island Pale Ale”, “1812 Amber Ale Light” and “Independence Wheat” specialty beers; (ii) Sackets Harbor Brew Pub, which is an operating “Brew Pub" that produces its own line of specialty beers on site while also offering fine dining; (iii) Goodfello’s Brick Oven Pizza and Wine Bar, which specializes in excellent-yet-affordable Italian food; (iv) Sackets Cantina Sackets, which offers a traditional Mexican menu featuring the usual favorites as well as many excellent Mexican-inspired creations; (v) five Jreck Subs Franchises (www.jrecksubs.com), which serves a variety of hot and cold sandwich choices, and homemade style soups; and (vi) Alteri’s Bakery (www.alteribakery.com), which has serviced the north country region with quality baked goods since 1971, serving northern N.Y. with the finest "true" Italian breads and specialty pastry items, such as cakes, cookies, muffins, bagels, and specialty gift baskets that can be found at restaurants, grocery stores, schools, and its own store.

About Seaway Valley Capital Corporation

Seaway Valley Capital Corporation makes equity, equity-related, and debt investments in companies that require expansion capital. Seaway also seeks investments in leveraged buyouts and restructurings. Seaway will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, manufacturing, and select technologies.

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
Investor Relations:
CEOcast, Inc.
Gary Nash, 212-732-4300
OR
Seaway Valley Capital Corporation
Email: contact@seawaycapital.com
Web: www.seawaycapital.com