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Re: None

Monday, 02/20/2017 3:32:13 AM

Monday, February 20, 2017 3:32:13 AM

Post# of 17242
Post Reverse Split.

What we don't know:
Who is the new Chief Operating Officer?
How many new shares have been issued (authorized 10-Billion)?
What is the current market cap?

What we do know:
Chief Operating Officer resigned (personal reasons)
2 Directors resigned (personal reasons)
3 Investment companies sold their shares.
2 Ships remain in service.
Last annual report, FreeSeas operated at a loss revenue.

The only remaining hope for FreeSeas is a merger or sale. IMO






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