Box Ships Inc (TEUFF)

[munhoi]

due to the 40% discount the new shares issued of 25.4 million or final OS shares of 28.3 million I estimate at end of Oct 21, 2107 there is less then 2% chance the note of only $143,910 has not been fully completed


not sure if my calculation that he actually netted $231,800 on the note conversion is accurate though or if over estimated the final outstanding shares - either way it appears done


not sure what the final naked short number is - I estimate approximately 6 o 7 million left to cover