Box Ships Inc (TEUFF)

[munhoi]

in my letter to mgmt. and BOD, I made it clear that any ships that were sold to Allseas should not be bought back unless it was at the sales price to Allseas or the market price whichever is lower to ensure that Allseas would not make a profit on those transactions at the expense of BOX shareholders if they can get a ship at the market prices for less


and ie all those ships you listed as owned by BOX ships before - actually only 2 of those 5 you mentioned originally were owned by BOX

I mentioned they also needed to use conventional financing in my requests in the letter to BOD to limit dilutions going forwards

I am the checks and balances to ensure mgmt and BOD makes shareholders the priority going forwards like they assured to me they would etc.