Box Ships Inc (TEUFF)

[munhoi]

you take the new shares outstanding estimated thru yesterday Friday not the 18 million thru oct 19 Thursday from the original outstanding shares 2.9 million before conversion note was issued over the avg share prices being converted at using the conversion discount price to guarantee the noteholder the profit and it is estimated using the formula that the entire note was completed Friday before close or at most about $2,000 of the note left to complete

my formula should be not off by more then =/- $2,000

I am not a NASA mathematican - my sister is - so I have an error rate factor