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Caribbean Islands!! That's deep inside
the Bemuda Triangle!!
A lot of risk here but I'm in
for 4,400 dollars. How do you avoid risk
as an adult? There's no way of getting
around it. When I was a kid, I came home
after school and there was food on the
table. And the only thing that seem
important was Friday night football in
my West Texas hometown one hundred
years ago.
So what you gonna do? The beat goes
on. All we need right now is some PR
to juice this SP up.
Yes, there is another term. It's
called a "falling knife."
I sent a letter to Box Ships' law
firm in Athens, warning them about toxic
notes and reverse spits if they should
come about in the future. I explained
that the SEC will be on our side. And
shareholders are watching. The reason
I sent the notice to the law firm is so
that the CEO's office secretary wouldn't
read it first and discord it as beening
unimportant or what ever.
Not too worried about the present
conversion, though I don't like it.
Because the O/S now is low. It may
not hurt us too badly. And what's
done, is done.
It is incredible the number of shipping
companies this guy owes (CEO). He
could bring ships over to Box in a
minute like shuffling a deck of cards,
each card a ship.
I think Tony and this strong team
has every thing covered, otherwise, they
wouldn't come this far. I believe they
already knew where to get capital or
already have it in pocket. I think the
filing will come out any day now and
the books are not in such bad shape as
some think. Tony had to know about the
6.5 million charge and fixed it long
before. It would be folly for these
smart guys to come this far without
knowing for sure if they can or can't
get this thing off the ground. It
just doesn't make sense, without
them knowing the outcome, to be risking
their reputations for this very public
and visible effort.
For those shareholders who should like
to let off steam and warnings to Box Ships,
here are the two addresses of the law firms
that represent Box Ships legal issues.
These addresses are found at the bottom
of the latest (July 17th) form 6-K.
-home address
legal@allships.gr
-Sichenzia Ross Ference Kesner LLP
61 Broadway, 32nd. floor
New York, New York 10006
The worst thing about being a
common shareholder is that we are the last
ones to know what's going on.
Thanks. I'm sending a letter to
CEO and BOD Monday. I'll ask about those
two ships, too, as I often wondered
about their return to Box. I think
something good shall happen with Box
soon.
And now to build up a fleet
even one or two ships would bring the SP
back up to .60 or .70. Not a hard thing
to do for this CEO. Lease or new or
used.
I had to read it twice to make
sure what I was reading. Now may be CEO and
company will put this matter behind them
and get on with the business plans they had
to began with. Special thanks to Mr. Chu
who had the iron will and knowledge to
turn the heads of TEUFF's CEO and BOD.
Have you thought of a class-action suit?
Before this year is out .02 will
look like cheapies. All it takes is
a little progress and good PR.
Would anyone like to take a tour
above and inside Stewart International Airport?
GOOGLE: TAKING OFF FROM STEWART AIRPORT YOUTUBE.
GOOGLE: SWF-STEWART INTERNATIONAL AIRPORT YOUTUBE
----------------------------------
Who we are going against. Interesting math here.
Stewart carport can hold 10,000 cars.
GOOGLE: NORWEGIAN AIR SWF ANNOUNCEMENT FEB 23, 2017 YOUTUBE
Robodog is exactly right. I got
it from small-time-joe. Second hand info.
I apologize to you firewall. Was thinking
I read it on one of the 8-Ks.
Tony's salary should be stated in
the coming financials, which according
to Tony is due out by July 23. He should
not receive a salary until after the first
lift-off. No doubt he will be getting shares.
imho-
The thing I worry the most about are toxic
notes and how much that's going to cost
common shareholders?
Without question,
So far that's about all Mr. Cellucci
has shown to have: a laptop, a phone and an
invisible product.
If you're starting up a new small
business, then you would want to be
there every day to make the thing
successful. Otherwise, the whole
thing falls apart in no time. You
know this. And you can't run a
business living at the local hotal
for very long.
I'm aware of Debbie King as I brought
her name up a few days ago. Yes, I know she
has an Austin address. But my post you read
is about Cellucci who does not live in Austin
and has never had an address anywhere in
Texas. Why is this so?
It is human nature for things that go against
what we believe in....we let those things fly
over our heads, discarded. We are all guilty
of this mistake. So it should be concerning
that he never lived in Austin. Very
concerning.
"There true colors" you say? Here
is one. Cellucci does not live in Austin.
He has no address in Austin, and never did.
BVTK is a one man operation. OK for day
traders....very bad for longs. Remember,
no address anywhere in Texas. What does
should that tell you?
We need more high profile board
members. It would add greater strength
and possibility in obtaining financing.
I've done some DD. Did you
know that Thomas A Cellucci has no address in
Austin. Never did. Did you know Ian Treleaven
has no address in Austin. Never did. However,
Debbie King does live in Austin. But who is
she in relation to BVTK. Not much more than
just a name.
PPS is a falling knife. Back down to .0001 soon.
It will be interesting to learn
who if any, are the new board members
coming. Very important.
That's right. It's all planned out
by the CEO. TEUCF (preferred) this morning
is 1.85, preferredstockchannel.com. We all
lose if Box CEO & BOD has more votes than
shareholders for a R/S. Our shares have
been falling knifes since last R/S.
TEUFF....not TEUCF. Box shareholders are
in epic battle with Box management to stop
any farther R/S. Big meeting July 14th.
About Stewart Airport. And to those
who think Stewart is a bad idea for USGlobal.
I live here in Dallas and I see Southwest planes flying
in and out of Love Field Airport (a secondary airport)
all the time, not DFW International. Southwest
started out using secondary airports. That's one
way they first beat the competition. Even today,
they continue flying into Chicago-Midway instead
of O'Hare for example, and others. So I don't see
anything wrong with Stewart.
Are they getting Songbird's plane?
I guess they are since USGlobal is buying
them out.
No Hugh Dump coming. This company
has fuel by way of BOD and will take off
soon for the first time in 29 years.
Best board members in its history are
here and there's room for more new
members on their way. It's exciting
to wonder who is coming. The whole
team at USGlobal is stronger than ever
before. There shall be ups and downs.
But you and all shareholders will make
money. It is a fun thing to be part
owners of an airline. Tell your
grandchildren in years to come.
What I don't get is since they leased
engines that never left the ground, how
could it be 8.8 million charged?
If PPS at the closed today is up, then
it's a good indicator of the strength
of the CEO, BOD and management. imho-
I was asking (from anyone) if Logistic Air Inc.,
who leased the engines to Baltia, if they "had ever"
filed a law suite against Baltia for nonpayment
on the engines?
Did the people that worked on the
engines sue?
The engines job was 2010. Tony
came in 2011. Is anybody else here now
that wasn't with Baltia in 2010?
There's the same kind of scam going
on at DRYS. Think they had a r/s twice
in one week. I don't know how they get
away with it. And yet people just keep
buying the stock.
Thanks. I over looked it. NM
I read the document. And the "forecloser
itself" was not conclusion in this court
according to the document. It doesn't
mean he did not pay off the house
there after.
Munhoi is talking about shareholders
who are passive and don't vote, therefore,
their shares are automatic yes votes for
R/S.
Proposal 3 was not listed in yesterdays
6-K. So I think the vote for a R/S has
already been defeated by shareholders
votes. It's done.
Good news, shareholders win this one
as no R/S is coming. And maybe by July 14th
we get more good news. Hopefully ships are
coming. Maybe a merger....maybe Mr. Chu is
placed on BOD.
I'm buying 50k tomorrow. And I
know the high risk factor. But you can't
make money if you're not in the market.
"A HARD MAN IS GOOD TO FIND"
Mae West 1932
Hollywood movie star.
"I DRESS UP FOR WOMEN AND DRESS DOWN FOR MEN"
Angie Dickinson 1962
Hollywood movie star.
If they didn't have the votes by
Jun 15th., then I don't see how they would have
the votes now. If so and they bring in some ships,
our shares will do fine and have a future. 34%
of the total shipping sector is own by Greeks.
Did you know that piece of math? The CEO has
many private shipping firms. I counted 14 related.
If Greeks know how to do anything at all, it is
shipping. It even wouldn't surprise me if they
have new ones on order.
I'm writing a letter to home office, requesting
they put S. Chu on the board. And to mend their
ways as the sector comes back. And harshness
toward shareholders is not needed and is not
within their best interest. We are watching
and the S.E.C. is not their friend. We are aware
and not passive, but active shareholders who have
worked hard for our money. And they must do the
same with our money.....with honest and smart
chooses.
You fail to mention Baltia/USGlobal
has no debt to bring to the table of
lenders who want to make money and
know there is no escape from risk, no
matter what business they (lenders)
are in and who they are giving loans
to. There's more risk in the world
than money.
About the 12% preferred. It was a deal
made mainly by an individual. The terms
also are such that shares may be convertible
into common. So it's a toxic loan. Not
good.
You said, "opinion is the absence of fact."
In other words, opinion is theory. Will let
me tell you my friend, every thing that exist
and ever did exist started out first as theory
before fact: Rome-New York-London-Berlin.
So we shall see about this airline.