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SHAREHOLDERS MUST CONTACT ME BEFORE TEUFF GOES DARK
I plan to get a securities lawyer involved in my complaints of the CEO of Box Ships.
If you are interested in the progress of this complaint you MUST send me your contact info.
Once TEUFF goes to the dark side this message board may no longer carry TEUFF on it's message board and communication between the last 30 or so shareholders may be nonexistent.
Monday July 9th 2018 I will be in search of a lawyer to file a lawsuit against the CEO of Box Ships for anti fiduciary actions.
I am willing to provide all available Box Ships assets due shareholders to force Boogaloo to make restitution to the common shareholder.
If anyone has a better idea please let me know.
I'm getting TEUFF
Yep, I heard that too.....get 'em while you can
Can anyone decipher Amendment No. 1 to FORM 8-A
Computershare Trust Company??????
It would be great if the last of us shareholders knew what was happening with this form ..... Amendment No. 1 to FORM 8-A filed 4/20/2018.
Is Boogaloo trying to transfer TEUFF assets to a Trust???????
It would not surprise me!
Form 15 filed April 20 2018 states:
Everyone would buy shares at a penny...if they were available.
Large lots get sucked up instantly. This has been happening for over a year so someone in cahoots with MMs is accumulating those cheap shares. It would be interesting to know who those MMs are.
Regardless, when Boogaloo sends TEUFF to the dark side he will have to do something with those receivables. This distribution will increase PPS value to $0.087. That is an instant 870% gain. MMs know this.....the reason for all these weird small lot trades to keep PPS depressed.
And when we do file a lawsuit for illegal ship sales and illegal preferred share conversions the PPS will instantly be worth $0.87. total gain will then be 1870% from current PPS.
It appears the last 30 or so shareholders (yes, only 30 left) are holding tight as we can see the writing on the wall.
So I expect Boogaloo to file Form 25 any time now to officially enter the dark side.
That's not so bad as it will eliminate most of the current costs to stay active and preserve our gain.
And all that FAKE INFO spewed about preferred shareholders getting paid first is FALSE as they have already been paid from past profit. Funny how we haven't heard that FALSE spewing for some time.
All I can say is STAY TEUFF and we will be rewarded.
Though it would be really nice to see Boogallo in pinstripes ......
OMG TEUFF IS GOING DARK ON 7/20/2018
I just noticed their last filing was the same date as the Paragon filing of Form 15 - April 20 2018.
They have 90 days until it's official. So there must already be less than 300 shareholders.
Everyone should study the "going dark" rules to make sure we don't get screwed again.
Read "going dark" rules:
https://www.dorsey.com/newsresources/publications/2009/03/going-dark--voluntary-delisting-and-deregistrati__
We may all get our share of the $2.7M receivables soon...........
Please explain your knowledge of no lawsuit filed
TEUFF can "GO Dark" when there are less than 300 shareholders
This is a possibility if we lose shareholders during this PPS manipulation so STAY TEUFF
Read "going dark" rules:
https://www.dorsey.com/newsresources/publications/2009/03/going-dark--voluntary-delisting-and-deregistrati__
It's an eye opener
It's designed to keep that PPS down in the mud so they can suck up those cheep shares from frustrated shareholders who throw in the towel.
MMs are the only ones who can sell these small lots without transaction fees.
Then when they acquire enough shares Boogaloo can dilute to his hearts content, "go dark" and keep most of the receivables for himself. With additional dilution Boogaloo will have a very large majority of the shares to get paid when he "goes dark".
That's my theory anyway.
So don't sell, STAY TEUFF, as we will get paid eventually when Boogaloo gives up on his fruitless acquisitions.
Again, check out what just happened with Paragon PRGNF
I have a feeling TEUFF is "Going Dark" soon
If that happens he will have to pay out the $2.7M in receivables to shareholders. And maybe buy back the illegal conversions.
The reason I feel this is going to happen is Boogaloo's other puplic shipping company Paragon "went dark" on this April 20th.
Check out the message boards for PRGN and you'll see.
Here's a a link to "Going Dark" rules:
https://www.dorsey.com/newsresources/publications/2009/03/going-dark--voluntary-delisting-and-deregistrati__
Yep, all talk no substance. Long TEUFF shareholders have been dealing with this for a looooooooooong time.
It may look "dark" now but I believe the light will shine.
Don't believe the MM naysers as they are out for themselves trying to steal our shares for the recovery.
Remember, every share that gets sold to a Boogaloo crony is one step closer to Boogaloo complete control.
DON'T LET IT HAPPEN.......STAY TEUFF!
And ~28M shares are from illegal conversions.
DO THE MATH
Accumulation of shares by MMs working with Boogaloo and BOD are not required to report unless they acquire a large % of shares. I believe the number is 5% or ~ 1.5M shares.
I don't know if large (5%+) shareholders are required to disclose any additional shares purchased such as 100K shares.
For instance, if I own 10% of the shares and then acquire 100k shares am I required to report that acquisition? What about 10k shares? Or what about the 100 shares recently traded?
Does anyone know the share accumulation disclosure rules?
I'm not schooled on this so would like some accurate info.....
Thanks!
Yes, the only logical reason I can see is MMs are trying to keep that PPS down. As I've suggested it's probably to get current shareholders to divest so Boogaloo can gain a controlling interest.
I plan to keep exposing these manipulation trades for what I believe they are.
If current shareholders keep selling they will no longer have a majority of voting shares. Then Boogaloo will be able to do as he pleases.
It's a waiting game.
Thanks for your input Bonsai 1
Stay TEUFF shareholders!
100 share trade for 79 cents?????? Does anyone know why or how these trades are happening? I've been told by other sources it's MM manipulation but haven't received a legitimate answer from anyone on the message board.
I HAVE BEEN SET TO LOAD UP FOR A WHILE.
MMs keep stealing my cheap acquisitions.
Can you make them go away for me?
If you read my last post COMPLETELY you would not have asked this question.
LOL all the way to the BANK we will when either:
Boogaloo returns the ships he stole, buys back those invalid shares, pays US the money his private company Alsea owes US.
Or
We get pictures of Boogaloo in Pinstripes after our new CEO and Board takes over to make this an awesome company.
The way I see it happening is Boogaloo gets thrown in jail and has to make restitution for all his transgressions.
If you do the math (I can do math rather well thank you) our PPS will be instantly worth $1.00/share. Our ships will get sailing and it's all up from there.
I suggest all current stockholders hold on to what they have left. Mr. Chu and Mr. Tadlock have put a damper on any more of Boogaloos shenanigans. THANK THEM VERY MUCH!
I currently have an order that has failed to fill for months. It's for a smaller lot with larger PPS than some have traded for so don't know what is going on with that. All I can blame it on is MANIPULATION
STAY LONG AND TEUFF
MMs are at it again today selling tiny transactions to keep the PPS down.
And I think another cat just jumped out out the bag
TEUFF is not dead, just taking a Siesta.
Exactly, MMs are manipulating. Why would any investor trade $50 of this stock?
Promoting the fraud (as you probably know) is easy-peasy:
This TEUFF fraud (yes, it is a fraud) could end up similar to this international counterfeit wine case.
Quote:
In court, one of Kurniawan’s lawyers, Jerry Mooney, said a settlement had been agreed in California between his client and Koch, who has spent more than $25m on a personal crusade against fake fine wines.
Read more at http://www.decanter.com/wine-news/kurniawan-to-tell-all-in-3m-settlement-with-billionaire-koch-8243/#1RrhdFUtaehyBpfq.99
Kock spent $25M to get back $3M in restitution for the fake wines he bought.
Kurniawan spent 2 years in jail prior to the trial IN PINSTRIPES!!!
Maybe a lawsuit will be the beginning of the end to Fraudulent Greek shippers.
I would prefer to see TEUFF float.
WE ARE TEUFF
The reality is WE ARE ALREADY INVESTED and have seen the light on the MMs manipulation (probably being paid for by Lord Boogaloo and his cronies) to garner as many shares as possible.
I am officially requesting (as a moderator to this board) that all current shareholders hold on to their current shares to reap the future rewards. The more shares that get sold to the cronies reduces our voting leverage. Hold these shares tight to your chest.
It will happen IMHO.
We are TEUFF!
So tell us all ........ why are you trying to save us? As I and many others have stated "we are in to the bitter end". There is no reason for you to waste your time here.......unless.......
Wow......something new at IHUB.......coin collecting!
I like it so far.
It will be interesting to see WHO gets (or doesn't) get coins.
Stay tuned............
Thanks to all who contributed to the cause so far.
There appears to be a bit of manipulation goin' on.......IMHO......let me explain............
Trades of TEUFF have been nonexistent for several weeks now. Only small weird sales that seem to be intended to draw out some towels.
Well, after our recent conversations there has been a relatively large trade. Me thinks these transactions are only to prove me wrong about there not being any shares out there for general masses. In fact all shares transacted are worth less than $1000.
The theory is ...IMHO of course....MMs talk to each with these small weird trades then sell and buy between themselves to keep a lid on the PPS while sucking up the all the towels that get tossed.
The recent trades today are IMHO meant to do exactly that PLUS dispute my claim of "no shares available".
Funny that these weird trades have been happening for a long time with TEUFF. The more we see of these the evidence points to manipulation.
All this is IMHO of course.
I'm a long TEUFFY and hope to see it float once again.
O contraire Grasshoppers. IMHO Lord Boogaloo seems to have his teets in the proverbial ringer. Most of the common shareholders are hanging on to their shares to see Lord Boogaloo get his just rewards for his thievery. Not many shares available lately due to this waiting game. Occasionally a MM will try to stir the pot and grab a few cheap shares. But in the end Lord Boogaloo will fall like Humpty Trumpty for the reasons I cite below. Remember, this is IMHO.
Specifically (in a egg shell):
1. Selling two of OUR ships to his private company (Alsea) for $1.50 each.
2. Refusal for over 2 years to pay TEUFF $2.4 million (+interest) for services rendered (Lord Boogaloo must think it is his personal piggy bank).
3. Unauthorized conversion of preferred shares to common shares WITHOUT A CHANGE OF CONTROL. (You’ll notice that Mr. Chu and company have put a stop to this).
4. I bet there are other hidden pertinent issues.
This all boils down to LACK OF FIDUCIARY RESPONSIBILITY where in a court of law Lord Boogaloo will be found guilty and be forced to (in a egg shell):
1. Return OUR 2 ships and pay restitution for loss of revenue.
2. Pay TEUFF the $2.4 million he owes us + interest.
3. Negate the unauthorized preferred share conversions.
4. Pay restitution for all other pertinent issues.
Once Lord Boogaloo is found guilty this will happen (IMHO):
1. We get OUR two ships (or equivalent) returned + restitution for lost revenue.
2. We get our $2.4 million receivables + interest
3. We get a 10X PPS value increase when Lord Boogaloo is forced to buy back the 24 million+ illegal preferred share conversions.
4. We find a new CEO .
If you do rough math you will realize that $2.4 million in receivable divided by 2.4 million shares equates to $1.00/share.
Then we live happily ever after.
Let it be so………
IMHO of course………
Patience Grasshoppers.......IMHO TEUFF is about to take off "to da moon" as soon as this shipping sector gets going
Venezuela is an issue with 24 million barrels to offload. As of June 6, over 80 tankers were waiting in Venezuelan waters, half of them to load crude and refined products for exports.
Someone is going to pick up the slack.
https://finance.yahoo.com/news/over-24-mln-bbl-crude-213404867.html
Then I would assume the buyer had a very good reason for buying TEUFF instead of the other shippers.
TEUFF BUYER!!!!
WOW! Someone got a deal on 300K shares today.........way-to-go!!!!
Tillerson is banned from working in the oil and gas industry for 5 years. Part of his agreement to become Secretary of State.
Another Bud thrown under the bus...............
You seem to forget the $2.7M owed the common shareholders.
Only common shareholders have a claim to that ca$h.
It would be nice if boogaloos other companies would pay us what is due.
I can't figure how he gets away with not paying his bills.
My mortgage holder would foreclose on me in a second with NO MERCY.
GET TEUFF WHILE YOU CAN!
YA BABY......it's starting to happen....
Last week appeared to be the start of good things coming, LOTS OF GREEN!
Strange odd lots being sold today. AGAIN
MMs must know something is going to happen.
We need to find out who is selling these odd lots as it is obviously MMs talking to each other in code. This practice is ILLEGAL.
Anyone have an idea how to proceed with an investigation?
Thanks!
YOU should look at when preferred shares get paid and stop preaching your fake facts.
They get paid only when TEUFF makes a profit.
They have already been paid for profit associated with the $2.7M in receivables.
Preferred have NO claim for these receivables.
I believe that is the reason boogaloo has not paid TEUFF. His other private companies contracted services from TEUFF and he has never paid the bill. He is hoping it just goes "poof" and all will forget about it.
NOT GONNA' HAPPEN
STAY TEUFF!!!!
Current liabilities are are ZERO
The $2.8M is dividend income ONLY when TEUFF makes a profit. The $2.7M receivables are from old money and they have NO claim to it.
When we get our $2.7M in receivables our shares will instantly be worth $0.0857.
Receivables alone make TEUFF worth $0.0857
It is VERY LIKELY IMHO that there will be a lawsuit to at least get the receivables due us.
Here's the math: 2.7/31.5= 0.0857
2.7M owed on 31.5M shares works out to $0.0857 / share.
That's why I'm hanging on to the bitter end and picking up cheap shares when I can.
Trying to get my PPS down below $0.0857.
Does that sound like a good plan?????
It would be awesome if boogaloo changed his thieving ways but I don't expect it.
LET'S GET THE FACTS STRAIGHT PLEASE
TEUFF has net + assets from 2.7M due in receivables.
There are NO liabilities.....only ASSETS due the common shareholder
Including the ships boogaloo STOLE from us....
Once TEUFF becomes profitable the preferred shareholders will get their interest payments......common shareholders are NOT liable for those payments.