Box Ships Inc (TEUFF)

[munhoi]

the two toxic notes were previewed and marketed as enhancing preferred shares prices but in reality BOX just wanted to get some fast cash at expense of shareholders intentionally, knowingly, willingly knowing the damage it would incur despite the receivables option

they painted a picture of these toxic preferred convertible notes as something beneficial when in reality they knowingly knew ahead of time all it was was a resale of common shares at discounted prices to Magna & Kyros who were in essence resellers of common for Box & CEO which meant Kyros & Magna needed to be SEC approved as underwriter resellers of TEUFF - not sure they were.

bottom line is there NOW is no Credit Suisse nor Ambro loan covenants to breach requiring cash payments requiring toxic notes requiring dilution of any sort.


Therefore without any debt demands - BOX is free to get non toxic financing IF they meet their fiduciary responsibility.


That's why I keep harping on " meeting fiduciary responsibility to COMMON Shareholders - who own control the votes to the company and the owners BOD CEO must follow this - Do No Harm , responsibility.

Once we force them to not ever again do anti-fiduciary actions our shares prices will build back up.

whenever you talk , write communicate to BOD CEO - please never end a letter, communication , call without emphasizing they have NOT met their fiduciary responsibility and they need to start doing so.

That is the KEY to our success.

I already outlined the financing options - its up to them to execute now

Lets Do this !!!!!