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Please note the correct email
Delarobas.rob@gmail.com
If you want to join send me your email address so that the Lawyer gets in contact with you.
Inv justice: Thank You, just now saw your note. I got the email from another of your posts. Thanks.
DEAR CARUSSO, A TEAM OF INVESTORS HAS NOW JOINED FORCES AND BASED ON THE EVIDENCE THEY FOUND FOR ILLEGAL ACTIONS FROM THE CEO AND THE BOD, ARE NOW FILING LAWSUITS (INITIALLY IN GREECE, WHERE THE HQ HAVE BEEN, AND LATER IN THE USA) IN ORDER TO SEEK COMPENSATION AND IF POSSIBLE TO REVIVE THE COMPANY BY FORCING THE CEO TO GIVE BACK THE ASSETS THATH HE TOOK ILLEGALY. THOSE ASSETS NOW WORTH TENS OF MILLIONS AND GENERATE TENS OF MILLIONS INCOME EVERY YEAR. IF YOU WANT TO JOIN SEND AN EMAIL ADDRESS SO THAT THE LAWYER CONTACTS YOU. THERE ARE NO LEGAL FEES AND EXPENSES FOR ALL OF US, THE LAWYERS ARE ON A SUCCESS FEE.
A team of investors are filling a lawsuit against B pursuing compensation. There is not legal costs involved because the Lawyer will be paid based on a succession fee. If you want to particiipate please let us have an email address where you will receive the contact details of the Lawyer, his resume, scope of work and information about the case.
Alternatively send an email to delarobas@outlook.com
The lawsuits will be for both PRGNF and TEUF where B was CEO.
A team of investors are filling a lawsuit against B pursuing compensation. There is not legal costs involved because the Lawyer will be paid based on a succession fee. If you want to particiipate please let us have an email address where you will receive the contact details of the Lawyer, his resume, scope of work and information about the case.
Alternatively send an email to delarobas@outlook.com
Criminal and Civil lawsuits will be filed in Greece against Boogaloo.
The headquarters of both Box Ships and Paragon Shipping have been in Greece so the action can take place there. Action will be taken in the USA immediately after.
The lawsuits will be also against the BOD members, for their decisions to allow B to take assets from both Companies. Assets that now worth tens of millions (each ship) and generate great income.
For the civil lawsuit the Lawyer will need to know (apart from the details of each shareholder who will participate in the lawsuit) the number of shares owned and the year purchased.
The lawyer will be paid based on a succession fee as previously communicated.
awsuits that he has been preparing based on the evidence collected. His resume together with the scope of his work will be uploaded on this site so that those who want to participate in this pursuit provide him with their details. As communicated before he prefered to make his contact details public only after he had evaluated the case, the evidence and he was ready to proceed.
All going well he estimates to be ready by next week
Lawyers have been engaged to go after Boogaloo. Check the posts on TEUF.
Those who want to either make the companies have value again through the return of ships or be compensated by B (for his fraud) can contact the Lawyers and give their names. It will cost nothing, the Lawyers will be paid if / when results generated.
The more of us the better.
the Lawyers contact details will be uploaded both here and on TEUF.
The lawyers will move both in Greece and in the USA.
You see, he paid off the debt on all of the ships, because shorty prevented him from getting any funds from the capital markets. The bid fell out on the stock and the normal funding fell apart. Robin Hood comes in and squeezes the shorts, and the funding becomes available again.
Too late? Yeah, probably. Going dark allowed more time and reduced expenses.
It ain't over 'til its over.
True, he rescued the rust buckets when the scrap companies were overloaded and wouldn't pay. No wonder he's been in this business for so long.
Robin Hood investors are very popular these days. Maybe he's just waiting for the right time?
Boogaloo raided both PRGN n TEUF funds and now he has his own private fleet. check on how many ships he "bought" from the two companies. Now he owns the ships, he makes a fortune and the investors of both cos........
do u really believe he has any reason to restart any of them???? instead, he prefers both to go more dark so that his fraudulent actions are covered......
I prefer CEO give us a decent stake in new company or give us a cash out option to existing shareholders, then he can re-issue the cashed out shares as a secondary
do you have a link to the restart , conversations by CEO with underwriters in New York etc.
or are you just guessing because the economies are set to recover and bulker shipping shortage happens next year etc
Check as well TEUFF the sister company . . . Mr Boudourglou wants to restart his companies . . . merger? SPO? company restructuring? strategic investment funds? acquisition of Containerships? . . . keep in mind these companies are HOLDINGS debt-free
Whoever is lucky to check in this stock is going to skyrocket in the very near future I am buying a ton as you should do the same
Ahhh nice spike this morning this is about to be huge and I'm going to ride this baby to the top
Follow TEUF, the other BOOGALOO’s company where there are investors who seem to be taking some action.
Bagholder of both and interested in hearing what’s planned by other share holders.
Any update on all that?
Not sure why anyone is buying a dead stock but let’s get it going so I can get out
Hmmmm back to copper on low volume? How about huge volume testing silver.
Maybe someone will come along and do something with this down the road and I can get out. If not oh well it’s not my first loss and unfortunately wont be my last.
I’m just glad I only invested a few hundred dollars. I bought a lottery ticket and didn’t win.
Paragon has filed Termination of Registration of a Class of Security Under Section 12(b) (15-12b). ut OTC is showing they’re still current?
$4,290,000 ... Paragon Shipping received from Nordea BAnk
In the 2017 20F in the financial notes , 7d..
huge amount for extra trading debt.. was it real? Were the financials of these vessels audited to verify the existence of these trading debt or it ended up elsewhere?...
With so many affiliate companies transactions definitely there are grounds for a lawsuit.
In paragon shipping in 20f of 2017. Paragraph 4 transactions with affiliated parties: two ships were taken over from Boogalloo for peanuts. How was this justified and who investigated it.....
These ships today worth more than 45 millions........
Greetings from Boogaloo's other scam TEUFF
We've noticed that there are several ihub posters from this fiasco that used to message on TEUFF.
We are both (PRGNF and TEUFF) being fleeced by the CEO of both companies. And both have just entered the dark side.
We are wondering if there is any interest from the remaining PRGNF common shareholders to join us TEUFFies in a lawsuit.
It would be awesome to see Boogaloo in pinstripes even if we don't recoupe the theft.
Check out the TEUFF board and let us know.
It would make a lovely Christmas gift
I would say so to.
I’ll sell you my shares today @.50 and you can still double your money when it gets to 1.00 at the end of the year ??
I’ll take .53 a share by Christmas 2018
Get ready the ship is about to come in. I say by the end of the year expect at lease a dollar a share and that is a fact.
I'm just reporting the facts, Max, not bashing. I'm bullish all shipping stocks. Ask someone else.
why then some entity is loading above 2? inquiring minds want to know...
Thank you for the information.
They filed for termination of registration, this company has effectively "gone dark" and is thus delisted and under no obligation to report.
https://www.sec.gov/Archives/edgar/data/1401112/000161577418002779/s109712_1512b.htm
Regarding "going dark":
https://www.dorsey.com/newsresources/publications/2009/03/going-dark--voluntary-delisting-and-deregistrati__
There is only one OTC shipping company stock I know of that has not yet delisted, and actually filed a 20-F for this year (hence they are current in their reporting) and that is www.freeseas.gr
Is Paragon (PRGNF) delisting or going dark? Been awhile and quickly browsed the 4/20 release.
6-K dated April 10. sorry my typo in last, stated April 20, but meant 10th. You can read it under the News tab right here.
Regarding debt?
Everybody saw the Report dated 4/20/18?
burning a $10 on a one and half penny trade is mind boggling! 1 share at a time, a mule ride, but we will be there.
Thank you car, a hidden gem with 4 million shares
Paragon Shipping. Don’t ask me where the numbers come from or what they mean. That was quarterly increase in profit, shown as a %.
carusso whose profit?
Despite the apparent heavy debt level, the financial stats at my broker say profit in most recent quarter +1100%.
On reflection, redsky7, i think it means a major improvement in value coming up.
I always believed we would come around eventually.
Well, it is there for a reason. Could
be CEO has order in with ship builders. And
likely are back-logged like most orders are
around the world for new ships. Just my
guess.
Hi redsky7 —
it is good to hear you are seeing that, but i have no information other than what you have found
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