Box Ships Inc (TEUFF)

[munhoi]

I mean its not rocket science they cant afford to pay the preferred dividends , & haven't for more then a year,

they have to restructure the preferred or redeem & retire them - to me that is a forgone conclusion - how they do that I don't know if its ie a $3 per share redemption, conversion to common, restructured new preferred shares - I do not have the answer to that.

but to me retiring the preferred shares is a must - its part of getting the company back up like I mentioned back in Dec its part of the piece of the puzzle, they all do this - ie every company in this situation ahs done this practically