Why file any SEC reports then with articles like this out???
Economou files and talks as if to "inform Shareholders of positive developments", when in fact he does not care about them and screws them over repeatedly...??
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DryShips Inc. Reports Updated Key Financial Information Post Reverse Stock Split
Marketwired Marketwired Jun 22, 2017, 9:00 AM
ATHENS, GREECE--(Marketwired - Jun 22, 2017) - DryShips Inc. ( NASDAQ : DRYS ), or DryShips or the Company, a diversified owner of ocean going cargo vessels, today reports its updated key financial information giving effect to the reverse stock split on June 22, 2017:
Key Financial Information as of June 22, 2017, post reverse stock split:
Cash and cash equivalents: approximately $113.1 million (or $20.01 per share)
Book value of vessels, net: approximately $529.1 million (or $93.61 per share)
Debt outstanding balance: approximately $200.0 million
Equity, book value: approximately $442.2 million (or $78.23 per share)
Number of Shares Outstanding: 5,652,257
