SEAWAY VALLEY CAPITAL CORPORATION
10-18 Park Street, 2d Floor
Gouverneur, NY 13642
315-771-3034
August 27, 2008
VIA EDGAR
U.S. Securities and Exchange Commission
Division of Corporate Finance
100 F. Street, N.E.
Washington, D.C. 20549
Attn: Andrew Mew
Re:
Seaway Valley Capital Corporation
Form 10-KSB for the fiscal year ended December 31, 2007
Filed April 15, 2008
Form 10-Q for the fiscal quarter ended March 31, 2008
Filed May 20, 2008
Form 8-K/A1
Filed January 18, 2008
File No. 001-11115
Dear Mr. Mew:
This letter is provided in response to your letter addressed to the undersigned dated August 26, 2008. Responses are set forth below the item noted by the Staff in your letter.
Form 10-K December 31, 2007
General
1.
Please file an Item 4.02 8-K reporting non-reliance on the previously issued financial statements prior to your restatement or explain to us in detail why you believe you are not required to do so.
Response
We have today filed a Current Report on Form 8-K under Item 4.02 with respect to the financial statements included in the filings listed above.
Sincerely,
/s/ Thomas W. Scozzafava
Thomas W. Scozzafava
Chief Executive Officer
