A sealing and cutting assembly for engaging a bag to cut and reseal the bag comprises a first sealing strip and a second sealing strip connected at corresponding ends thereof and engaging both sides the bag therebetween. A slider block is movable along the first sealing strip and the second sealing strip. Movement of the slider block in a first direction bringing the first sealing strip and the second sealing strip into sealing engagement with one another to seal the bag, and movement of the slider block in a second direction releasing the first sealing strip and the second sealing strip from said sealing engagement to open the bag. A cutting mechanism mounted on the slider block, wherein the cutting mechanism moves with the slider block along the first sealing strip and the second sealing strip.