Healthcare Corp of America (SWCAU) CORRESP Correspondence with SEC

Giovanni Caruso of Loeb & Loeb LLP
345 Park Avenue
New York, NY 10154-1895


Direct 212.407.4866
Main 212.407.4000
Fax 212.937.3943
gcaruso@loeb.com

VIA EDGAR

May 28, 2013

Mr. Jeffrey P. Riedler
Assistant Director
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549

Re: Selway Capital Acquisition Corporation
Current Report on Form 8-K
Filed April 16, 2013
File No. 000-54527 

Dear Mr. Riedler:

On behalf of our client, Selway Capital Acquisition Corporation, a Delaware corporation (the “Company”), we acknowledge receipt of the letter from the Staff dated May 13, 2013 regarding the Company’s current report on Form 8-K (File No. 000-54527) (the “Form 8-K”) addressed to Gary Sekulski (the “Staff’s Letter”).

Due to various factors, including the recent restatement of the financial statements of Healthcare Corporation of America, the Company’s wholly owned subsidiary, and commencement of a tender offer by the Company, the Company will need additional time to respond to the comments in the Staff’s Letter. Therefore, we hereby request that the Company have until June 11, 2013 to file a response to the Staff’s Letter.

Should you have any questions concerning any of the foregoing please contact me by telephone at (212) 407-4866.

Sincerely,

/s/ Giovanni Caruso                  

Giovanni Caruso
Loeb & Loeb LLP