BNET Industries

Market Cap:$336.5K
Last Fiscal Year Sales:$3.3K
  • Public
  • US
Dow Jones Description

Seawright Holdings, Inc., formerly Pre-Settlement Funding Corporation (the "Company"), was incorporated on October 14, 1999 under the laws of the State of Delaware and is currently a development stage company. The name change from Pre-Settlement Funding Corporation occurred on September 26, 2003. Seawright Springs, LLC is a wholly owned subsidiary of Seawright Holdings, Inc. and holds title to the Mt. Sidney property described below. Discontinued Operations As a result of the Company's acquisition of real property and improvements in October 2003, the Company restructured its operations to focus on the development of the spring water bottling and distribution business. This restructuring included the discontinuance of financing plaintiffs who are involved in personal injury claims. Overview Business and Basis of Presentation From its inception through the date of these financial statements the Company has recognized limited revenues and has incurred significant operating expenses. Consequently, its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period from inception through December 31, 2004, the Company has accumulated losses of $1,045,859.

Contact Information

600 Cameron Street

600 Cameron Street

Alexandria, Virginia 22134

7033401629

NAICS Code Bottled Water Manufacturing: 312112

News & Analysis

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Additional Resources

  • Message to Seawright Holdings, Inc. Stockholders

    - 2007-07-10

    STAUNTON, Va. -- Seawright Holdings, Inc. (OTC BB:SWRI), producer of Seawright Springs Premium Natural Spring Water, has achieved a number of significant milestones in the last two quarters and desires to describe these accomplishments to its stockholders. Seawright Springs is a major East Coast source for the exceptionally...

  • Dutton Associates Announces Investment Opinion: Seawright Holdings Inc. Reviewed in Update Report by Dutton Associates

    - 2007-07-09

    EL DORADO HILLS, Calif. -- Dutton Associates updates its coverage of Seawright Holdings Inc. (OTCBB:SWRI), revising its rating from Speculative Buy to Neutral. We would note that although the stock has more than doubled since our Initial Report was published on December 13, 2006 the shares remain attractively priced relative...

  • MicroStockProfit.com Initiates Coverage of S2C Global Systems Inc.

    - 2007-06-26

    LAS VEGAS, NEVADA, Jun 26, 2007 CCNMatthews via COMTEX -- S2C Global Systems (OTCBB:STWG) (http://www.s2cglobal.com) today announced that MicroStockProfit.com, a highly specialized provider of market intelligence and strategic advisory services for the capital markets, has initiated coverage of S2C Global, Inc. "We...

  • VOXW, PURE, SWMX, SWRI, MLXO, SEMIQ Have Also Been Removed From Naked Short List Today.

    - 2007-06-14

    M2 PRESSWIRE-14 June 2007-BUYINS.NET: VOXW, PURE, SWMX, SWRI, MLXO, SEMIQ Have Also Been Removed From Naked Short List TodayC1994-2007 M2 COMMUNICATIONS LTD RDATE:14062007 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked...

  • Undiscoveredequities.com: Stock alerts for Wednesday, June 13, 2007: ACGI, MAGP, and SWRI.

    - 2007-06-13

    M2 PRESSWIRE-13 June 2007-Undiscovered Equities, Inc.: Undiscoveredequities.com: Stock alerts for Wednesday, June 13, 2007: ACGI, MAGP, and SWRIC1994-2007 M2 COMMUNICATIONS LTD RDATE:13062007 Boca Raton, FL. - Undiscoveredequities.com's stocks to watch today include Amacore Group, Inc (OTCBB: ACGI), Seawright Holdings, Inc ...

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     SWRI $0.03 0.00 (0.00% )
Average Volume 3,264
Shares Outstanding 13.46M
Market Cap 336.6K
Year High 0.12
Year Low 0.01
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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