Seaway Valley Capital Corp. (SWVL)

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Credit to Au for posting in todays chat, "look at SWVL. Its getting diluted into the ground. I'm going to try and get some @ 001. It looks like strong support at 001 http://stockcharts.com/h-sc/ui?s=swvl".

I looked and liked what I saw, so it was an easy decision to get a huge number of sub-penny shares for low dollars!

Here is the Company website: Seaway Valley Capital - Home which is very cool and up to date!

Also, here is their portfolio of Hardware, Bakery, Brewing and Restaurants: Seaway Valley Capital - Seaway Valley Capital Current Portfolio

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I'm going to attach a thumbnail of their chart below. To see it you can click on it to enlarge!

Notice the support levels at $0.01, $0.02, $0.03 and $0.05!

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They also own (come to think of it, so do I Ha Ha) a brewery! Sackets Harbor Brewing Company - 1812

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Stock dropped today & I was able to average down during 78 million trading so far and we have an hour to go on Friday!

Now the Company posted news:


Seaway Valley Capital Corporation's Sackets Harbor Brewing Company to Restart Production With Rochester-Based High Falls Brewing Company
Friday 07/10/2009 12:41 PM ET - Pr Newswire
Related Companies
Symbol Last %Chg
HCKE 0.51 0.00%
SWVL 0.0008 -27.27%
As of 2:50 PM ET 7/10/09
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVL), a diversified holding company, with the wholly owned subsidiary Sackets Harbor Brewing Company, today announced that it will immediately re-commence production at Rochester-based High Falls Brewing Company. (High Falls Brewery)
Production will initially commence on its award winning War of 1812 Amber Ale that has developed a strong fan base of craft beer aficionados in Central and Northern New York. Thomas Scozzafava, President of Sackets Harbor Brewing Company stated, "The master brewers at High Falls have worked closely with Sackets Harbor Brewing Company for months to make sure the recipe was carefully reproduced, and we have been extremely pleased with the product to date. We are excited to re-commence production."
Mr. Scozzafava continued, "The size and of experience of High Falls' operations and its staff, respectively, made the earlier choice by Sackets Harbor Brewing Company to partner with High Falls a relatively easy one. Prior to the production interruption, demand for our product had doubled over a relatively short time and brewing at High Falls has allowed us to increase batch production by two and a half times our previous capacity - at much better overall economics for us."
The larger and more efficient production process paves the way for Sackets Harbor Brewing Co. to supply its craft beer for its growing national presence. War of 1812 Amber Ale can be primarily found in restaurants and retail locations in New York and Florida, but it is also now licensed for distribution in Massachusetts and Vermont with other state licensing underway.
In a related matter, Seaway Valley Capital Corporation also announced that effective July 1, 2009, it had transferred from Seaway Valley the assets and stock of Sackets Harbor Brewing Company into Hackett's Stores, Inc. (Pink Sheets: HCKE) in exchange for the original ninety six shares of Patrick Hackett Hardware Company that were transferred in December 2008. The ninety six shares represented the original shares acquired by WiseBuys Stores, Inc. on November 7, 2007.
About Sackets Harbor Brewing Company
Sackets Harbor Brewing Company (Sackets Harbor Brewing Company - 1812 Amber Ale) develops, produces, and markets micro brewed beers such as the award winning "War of 1812 Amber Ale" and "Thousand Island Pale Ale" as well as "Railroad Red Ale", "1812 Amber Ale Light" and "Harbor Wheat" specialty beers. Its "1812 Amber Ale" is the company's flagship brand and was the winner of a Silver Award at the World Beer Championship. The company has also developed complementary products such as Sackets Harbor Coffee and Sackets Harbor Brewing Co. Root Beer.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation (Seaway Valley Capital - Home) 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, consumer products, media, business services, manufacturing, and select technologies. Seaway Valley's current portfolio includes Hackett's Stores, Inc. (HCKE.PK), Alteri Bakery, Inc., Sackets Harbor Brewing Company and Seaway Restaurant Group.
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. The Company encourages the public to read the above information in conjunction with its year-end statement, Form 10-KSB for December 31, 2008, and the first Quarter Form 10-Q financial statements. The financial statements can be viewed with the Securities and Exchange Commission, at U.S. Securities and Exchange Commission (Home Page).
For more information, please contact:
Seaway Valley Capital Corporation
Email: contact@seawaycapital.com
Herbert Becker hbecker@hackettsonline.com
Web: Seaway Valley Capital - Home

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More "$MART" Business news IMO:

Seaway Valley Capital Corporation Subsidiary Hackett's Arranges to Receive $1.3 Million in Premier Quality Clothing
Monday 07/13/2009 5:00 AM ET - Pr Newswire
Related Companies
Symbol Last %Chg
HCKE 0.51 0.00%
SWVL 0.0008 -20.00%
As of 10:06 AM ET 7/13/09
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVL), a diversified holding company, today announced that wholly owned subsidiary Hackett's Stores, Inc. (Pink Sheets: HCKE) and Herbert Becker have reached an agreement to begin receiving clothing merchandise from two of North America's premier importers and manufacturers. The Plattsburg- and Montreal-based companies have agreed to provide Hackett's premier imported knits, plus-size ladies garments, swimwear and other seasonally-relevant clothing with an aggregate retail value of $1.3 million. As part of the deal, Mr. Becker negotiated a "pay-at-scan" arrangement whereby the retailer does not have to pay for the goods until they are actually sold at the registers of Hackett's.
"What makes these deals so great is that the merchandise is 100% pay-at-scan, which allows Hackett's to bring quality garments into the stores without having any negative effect on our cash or reserves," said Mr. Becker. Mr. Becker continued, "This new product should create some excitement in the stores and generate cash flows for operations." Mr. Becker noted that he also has begun discussion with several other clothing and hard line vendors for similar deals. WiseBuys Stores, inc., which was merged into Hackett's in 2007, had a number of similar arrangements including one with a major linen and towel wholesaler, which is still in place at Hackett's today.
Seaway Valley President and CEO, Thomas Scozzafava, stated, "In order for manufacturers to hand over consignment merchandise with this aggregate dollar value, there needs to be an amount of trust on the part of the manufacturer. And as it relates to this most recent transaction, Mr. Becker has known and done business with these manufacturers for a number of years, and it's because of these relationships they agreed to do the deal."
About Hackett's
Hackett's (Hacketts | The Name You Know, The Brands You Love.), one of the nation's oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett's features brand name clothing for men, women, and children, and a large selection of brand name athletic, casual, and work footwear. Hackett's also carries domestics, home decor, gifts, seasonal merchandise and sporting goods.
About Seaway Valley Capital Corporation:
Seaway Valley Capital Corporation (Seaway Valley Capital - Home) 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, consumer products, media, business services, manufacturing, and select technologies. Seaway Valley's current portfolio includes Hackett's Stores, Inc. (HCKE.PK), Alteri Bakery, Inc., Sackets Harbor Brewing Company, and Seaway Restaurant Group.
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. The Company encourages the public to read the above information in conjunction with its year-end statement, Form 10-KSB for December 31, 2008, and the first Quarter Form 10-Q financial statements. The financial statements can be viewed with the Securities and Exchange Commission, at U.S. Securities and Exchange Commission (Home Page).
For more information, contact: Investor Relations:
Seaway Valley Capital Corporation Paul Knopick
Email: contact@seawaycapital.com E & E Communications
H. Becker hbecker@hackettsonline.com pknopick@eandecommunications.com
Web: Seaway Valley Capital - Home Phone: 949/707-5365

SOURCE Seaway Valley Capital Corporation
Seaway Valley Capital - Home

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Well since last post the stock made it out of the "triple digits" and then fell back into them during very heavy trading, Now Bid .0007 ASK .0008. This Company has the financial experience to bale itself out; I trust they will do while keeping a "weather eye" on their stockholders...

The chance for folks to "buy low and sell high" should attract more investors at very low prices...

+

More news today:
Seaway Valley Capital Corporation Subsidiary Hackett's Stores Executes Agreement to Remain in Potsdam Location
Released: 07/15/09 05:00 AM EDT
GOUVERNEUR, N.Y., July 15 /PRNewswire-FirstCall/ -- Seaway Valley Capital Corporation (OTC Bulletin Board: SWVL), a diversified holding company, today announced that wholly owned subsidiary Hackett's Stores, Inc. (Pink Sheets: HCKE) has reached an agreement to remain in its Potsdam location for the remainder of its lease term.

The agreement with GBR Market Street Limited Liability Company, and Potsdam Holdings L.P., which are managed by Gibraltar Management of Tarrytown, NY, allows Hackett's to remain in the Potsdam location with the conditions of repaying certain back rents over an agreed upon period and staying current on future rents. The lease, which has about one year remaining before Hackett's first five year option period, also alleviates Hackett's from rent on the 20,000 square feet formerly sublet to Giant Tiger.

"We are very pleased to have reached this settlement with our partners at Gibraltar Management," stated new Chief Operating Officer Herbert Becker. "Potsdam was one of our best performing locations and we are grateful that our landlord was sensitive to our recent situation and willing to work with us to maintain operations."

Mr. Becker noted that he also has begun discussion with other landlords where similar eviction proceedings have commenced, and he remains somewhat optimistic that one or more similar deals can be reached. It was earlier reported by local media that Hackett's was attempting to remain in certain stores where its forced senior loan repayment gave it little choice but to close or liquidate, including those Hamilton, Canton and Gouverneur.

About Hackett's

Hackett's (Hacketts | The Name You Know, The Brands You Love.), one of the nation's oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett's features brand name clothing for men, women, and children, and a large selection of brand name athletic, casual, and work footwear. Hackett's also carries domestics, home decor, gifts, seasonal merchandise and sporting goods.

About Seaway Valley Capital Corporation:

Seaway Valley Capital Corporation (Seaway Valley Capital - Home) 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, consumer products, media, business services, manufacturing, and select technologies. Seaway Valley's current portfolio includes Hackett's Stores, Inc. (HCKE.PK), Alteri Bakery, Inc., Sackets Harbor Brewing Company, and Seaway Restaurant Group.

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. The Company encourages the public to read the above information in conjunction with its year-end statement, Form 10-KSB for December 31, 2008, and the first Quarter Form 10-Q financial statements. The financial statements can be viewed with the Securities and Exchange Commission, at U.S. Securities and Exchange Commission (Home Page).

For more information, please contact: I
SOURCE Seaway Valley Capital Corporation

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I like the frequent press releases, here is more SWVL $ news:

Seaway Valley Capital Corporation's Hackett's Stores Senior Bank Indebtedness Under $70k
11 minutes ago - Pr Newswire
Related Companies
Symbol Last %Chg
HCKE 0.51 0.00%
SWVL 0.0007 0.00%
As of 12:57 PM ET 7/15/09
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVL), a diversified holding company, with the wholly owned subsidiary Hackett's Stores, Inc. (Pink Sheets: HCKE), today announced that it anticipates having its entire bank loan paid by mid-week next week.
Newly appointed Vice President and COO Herbert Becker said, "This represents debt repayments of over $5 million since January of this year." Mr. Becker continued, "The loan is down to under $70,000, and by next week it should be repaid in full. Although we still have our work cut out for us this is a significant milestone."
About Patrick Hackett Hardware Company
Hackett's (Hacketts | The Name You Know, The Brands You Love.), one of the nation's oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett's features brand name clothing for men, women, and children, and a large selection of brand name athletic, casual, and work footwear. Hackett's also carries domestics, home decor, gifts, seasonal merchandise and sporting goods. Hackett's full service hardware department features traditional hardware, tools, plumbing, paint and electrical departments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation (Seaway Valley Capital - Home) 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, consumer products, media, business services, manufacturing, and select technologies. Seaway Valley's current portfolio includes Hackett's Stores, Inc. (HCKE.PK), Alteri Bakery, Inc., Sackets Harbor Brewing Company and Seaway Restaurant Group.
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. The Company encourages the public to read the above information in conjunction with its year-end statement, Form 10-KSB for December 31, 2008, and the first Quarter Form 10-Q financial statements. The financial statements can be viewed with the Securities and Exchange Commission, at U.S. Securities and Exchange Commission (Home Page).
For more information, please contact:
Seaway Valley Capital Corporation
Email: contact@seawaycapital.com
Herbert Becker hbecker@hackettsonline.com
Web: Seaway Valley Capital - Home


Investor Relations:
Paul Knopick
E & E Communications

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News to drink to!
Seaway Valley Capital Corporation's Sackets Harbor Brewing Company Restarts Production With 500 Barrel '1812 Amber Ale' Order
0 minutes ago - Pr Newswire
Related Companies
Symbol Last %Chg
SWVL 0.0006 0.00%
As of 9:30 AM ET 7/22/09
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVL), a diversified holding company, with the wholly owned subsidiary Sackets Harbor Brewing Company, today announced that it has commenced production at Rochester-based High Falls Brewing Company (High Falls Brewery) with a 500 barrel order.
Thomas Scozzafava, President of Sackets Harbor Brewing Company, stated, "We are extremely pleased to have begun production of our award winning 1812 Amber Ale with High Falls. And this 500 barrel order, which should yield around 450 barrels of 1812 Amber Ale, equates to 900 kegs or roughly 6,100 cases and is enough to replenish the system for the short term." The beer is slated for shipment by mid-August.
About Sackets Harbor Brewing Company
Sackets Harbor Brewing Company (Sackets Harbor Brewing Company - 1812 Amber Ale) develops, produces, and markets micro brewed beers such as the award winning "War of 1812 Amber Ale" and "Thousand Island Pale Ale" as well as "Railroad Red Ale", "1812 Amber Ale Light" and "Harbor Wheat" specialty beers. Its "1812 Amber Ale" is the company's flagship brand and was the winner of a Silver Award at the World Beer Championship. The company has also developed complementary products such as Sackets Harbor Coffee and Sackets Harbor Brewing Co. Root Beer.
About Seaway Valley Capital Corporation (Seaway Valley Capital - Home) 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, consumer products, media, business services, manufacturing, and select technologies. Seaway Valley's current portfolio includes Hackett's Stores, Inc. (HCKE.PK), Alteri Bakery, Inc., Sackets Harbor Brewing Company and Seaway Restaurant Group.
For more information, please contact:
Seaway Valley Capital Corporation
Email:contact@seawaycapital.com
Herbert Becker hbecker@hackettsonline.com
Web:Seaway Valley Capital - Home

Investor Relations:
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
Phone:949/707-5365

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Last time I posted about their 500 barrel beer production, the stock took a major drop in price (!). Today with more news, I'll predict that the pps will drop again with some small up ticks to make the chart "look" better (for the shorting folks)... I urge caution for new investors, as it seems that there are huge amounts of stock that are being "played", so watch the VOLUME of the trades, anything less than say 50,000 shares should be ignored at these "tiny" prices! Remember some folks have huge amounts of stock to dump and they can make the price move in both directions...:

More news:
Seaway Valley Capital Corporation Subsidiary Hackett's Executes Agreement to Reopen Massena Location
Thursday 07/23/2009 5:00 AM ET - Pr Newswire
Related Companies
Symbol Last %Chg
HCKE 0.51 0.00%
SWVL 0.0007 16.67%
As of 10:30 AM ET 7/23/09
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVL), a diversified holding company, today announced that wholly owned subsidiary Hackett's Stores, Inc. (Pink Sheets: HCKE) has reached agreement to remain in its Massena location for the remainder of its lease term. The terms of the agreement with Carlyle St. Lawrence, LLC allow Hackett's to remain in the location with the specific conditions not disclosed.
"We are very pleased to have reached this settlement with Carlyle St. Lawrence, LLC," stated new Chief Operating Officer Herbert Becker. "Massena was always a good performing location, and we are grateful that our landlord was willing to work with us to remain here." He continued, "The timing couldn't be better, as Canadian shoppers, who have historically been a significant portion of our business at the location, are again free to travel across the nearby Seaway International Bridge connecting Canadians to the footstep of the Massena Center Mall and Hackett's."
Mr. Becker noted that he also has begun discussion with other landlords where similar eviction proceedings have commenced, and he remains optimistic that similar deals can be reached with other like-minded landlords. Mr. Becker continued, "Recent deals in Potsdam and Massena will save dozens and dozens of North Country jobs, and we look forward to saving dozens more."
About Hackett's
Hackett's (Hacketts | The Name You Know, The Brands You Love.), one of the nation's oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett's features brand name clothing for men, women, and children, and a large selection of brand name athletic, casual, and work footwear. Hackett's also carries domestics, home decor, gifts, seasonal merchandise and sporting goods.
About Seaway Valley Capital Corporation:
Seaway Valley Capital Corporation (Seaway Valley Capital - Home) 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, consumer products, media, business services, manufacturing, and select technologies. Seaway Valley's current portfolio includes Hackett's Stores, Inc., Alteri Bakery, Inc., Sackets Harbor Brewing Company, and Seaway Restaurant Group.
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. The Company encourages the public to read the above information in conjunction with its year-end statement, Form 10-KSB for December 31, 2008, and the first Quarter Form 10-Q financial statements. The financial statements can be viewed with the Securities and Exchange Commission, at U.S. Securities and Exchange Commission (Home Page).
For more information, please contact: Investor Relations:
Seaway Valley Capital Corporation Paul Knopick
Email: contact@seawaycapital.com E & E Communications
H. Becker hbecker@hackettsonline.com pknopick@eandecommunications.com
Web: Seaway Valley Capital - Home Phone: 949/707-5365

SOURCE Seaway Valley Capital Corporation
Seaway Valley Capital - Home

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Midday Update;
As I figured a few million shares traded at .0007 at the open, then with the exception of one trade (20,000 at .0007 which equals $14 ) all of the rest of the trades were at .0006. I think it very important to note that as the stock gets closer to ZERO the volatility goes way, way up! Buyer beware...