Box Ships Inc (TEUFF)

[munhoi]

personally I wish there was a way to Court order the CEO to repair the damages he has done with the Toxics vs paying his own receivables due BOx from his affiliates vs wiping out the common thru those 2 avoidable toxic notes.

ie while negotiating with his two lenders Ambro & Credit Suisse who had bank sweeping rights to the cash on hand of Box due to them not paying the Banks until they extended the bank loan terms before they sold off all the ships - they used the toxics on the shareholders despite the fact that his own affiliates at the time owed Box over $3 million that he could have paid on time or ahead of time to avoid the toxic cram down of shareholders to nothing.


the CEO destroyed the shareholders - he should be liable for those shareholder losses IMHO because he could have avoided by just paying what was due to BOX himself.

he owes the common shareholders to put his OWN money in vs trying to take what is left of BOX as he has been trying to do for the last 12 months IMHO while simultaneously re-assuring shareholders.


Lawsuit at the point is not constructive for anyone

if our CEO wants to rebuild BOX he has options , he has the ability its his own selfishness greed & desire as shown by the proposals that failed that is keeping BOX from making a comeback.


I blame the CEO 100% for the past and 100% for not making the available steps to get the common shareholder value back up thru
proper means.

its doable IMHO - he stuck in the Greek mentality do as little and take as much from others as you can

we stopped his planned scams IMHO - we need to keep the pressures up now for him to move the company forwards sharing the cost and burdens

its really that simple - the CEO needs to put money his own money to get this going and the financing & the ability to lease from the Chinese will happen