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If you have 180,000 shares and if
or when the PPS is 5.00 dollars, that
would be almost 1 million dollars in
your pocket. It could happen....with
no R/S. So we must do every thing we
can in helping Mr. Chu and other large
shareholders to press Box Ships CEO
and BOD into doing the right thing.
3.46 if they don't have a r/s between
now and year end.
Just a little DD forward looking-
GOOGLE: "list Box Ship owners' destroy value-container shipping & trade"
-this article is dated 27 oct. 2017
-says Box Ship Inc. took a $483.5M write off on 9 ships.
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GOOGLE: "Box Ship Inc capturing investor attention again"
-article dated oct. 30, 2017
-very interesting as it talks about Mr. Chu's relation and
role.
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I also found an article listing the 30 most richest persons
in the Greek shipping business....our CEO is one of them.
How many times do we have to go over
this stuff. We need to be thrown some
fresh meat.
Most shareholders would be wiped out
now if a R/S occurred. And if dilution was
coming due to loans, then for sure a R/S
comes first. We are in big danger now.
Maybe TEUF bought shares on the
open market...though unlikely. The fact
they are willing to talk to shareholders
face to face could mean they have future
plans for Box. If not, then I don't
think they would care about talking to
anyone. Its a good sign their willing.
That's true. But bad financials are
better than no financials for this outfit
now. These people need to get something
done.....even if it means a lemonade
stand to generate revenue.
This concerns me more than the
Songbird deal when its about honesty
and capability.
If a public offering is made or any
kind of fund raising or deal making
is to be done, Tony should use a
number of his own shares for those
reasons. No increase in A/S and no
toxic notes. We as common stock
holders have already put up our
hard earned money. So now it's
time for Tony, BOD and BLTA to put
up for us.
If this company showed any little sign of
success, we wouldn't be talking about Berry.
He would be history no matter what he had
done while at Baltia.
So that's where shareholders are today with
our investments here. Not good.
Since we don't know hardly anything as to what's
going on due to generic PRing by Tony, I am
keeping a close eye on BLTA Board Members. As
long as they stay....I'll maintain hope.
For those whom wonder and ponder and
wonder about the 1 million dollars in escrow.
BLTA got the million back.
Form 8-K, June 27, 2017-
"the Company has made a good-faith deposit of $1,000.000
with a third party escrow agent, which funds shall be
fully REFUNDABLE to the Company in the event that the
Company and Songbird do not enter into a formal,
definitive purchase agreement."
--into a formal, definitive purchase agreement--
So this event did not happen. We did not get
their Songbird and they did not get our one
million dollars.
Its 12 per cent.
8-k, March 17th 2017, first paragraph.
Convertible into common after one year.
However, these preferred shares are convertible
into common, therefore its a toxic note.
Form 8-k, March 17th, 2nd and 3rd paragraphs.
Can be converted in Feb. 2018.
I may had been paraphrasing. But believe he
did say, "in a few weeks" in one of his letters
to shareholders. If I'm wrong, then I take it
back and you are right. However, I have never
believed this is a scam. But only to say Tony
and BOD are struggling.
Trading halt? Why? Wait until
it goes to .0001, buy 2 1/2 million shares
for 250.00 dollars and wait for the next big
BLTA show. Save yourself a round at the black
jack table.
So it's not a scam. So it's a failure.
The result is the same for shareholders, right?
Bankruptcy will not occur b/c
there are no assets. BLTA will just
go gently into that good night-
How can a plane take a nose dive
that never got off the ground?
Answer to question 2-
Tony said a few weeks ago, that financials are
coming out in a few weeks.
What about Box Express, Box Endeavour
and Box Endurance that are listed on Allseas's
website fleet, do they belong to us?
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.
Carusso--on Paragon's website and under
"Fleet" it says "new buildings." Do you know
what that means?
It's not possible. As a shareholder I
don't know as a fact what is going on with
Tony and Baltia. And I don't think anyone
else outside looking in know either. So
what I'm doing is keeping an eye on Baltia's
Board Members. If 2 walk away at about the
same times then some thing bad has gone wrong.
So far none has walked. So I'll stay and not
worry too much and believe. That's all I know
to do about this high risk investment.
It's extremely good news for
shareholders. Common holders are gaining
in power now, and Bodouroglou (CEO) may
be forced to rethink his future plans for
TEUFF. May be Mr. Chu and Grady Tadlock
can join their strengthes and bring a strong
voice to the board room. I don't think its
a question of if, but when ships are coming
back. Very good news indeed.
A 13G filing is used to report party's
ownership of stock that is over 5%.
-google: 13G filing. That's the reason
PPS closed up 20%. Most likely will
closed higher tomorrow.
No question about the R/S. But Tony
should start paying with his own shares and
not dilute the outstanding common. A R/S
plus toxic notes would be too much for
common holders to overcome, that is, for
many that's in the red now.
SEC? Why? They don't care anything about
you and your money. You're on your own
out here in the world.
Selling all my shares this morning and
getting back in at a lower PPS. This thing
is not over yet. Tony isn't stupid or finish
here and not a scam. Yeah, I know.....1989.
But listen, there's still a good collection
of people with BLTA that are trying. My
main concern to worry about is a R/S before
anything else is done.
Think I'll watch the Battle of Stalingrad 1942-43
and see all those poor devils freezing in the
winter landscape. Take my mind off the stock
market for a while.
I bought 123,000 today. That brings my
average per share down to .08 whereas before
it was .62 cent. I still believe the CEO
will bring back some ships. The dude hasn't
walked away from his creation. I hope Mr.
Chu is still on this thing. imo-
How much slack are you willing to give
Tony & BOD before you cut your loses? I'm
asking: a week from now, a month, end of
December, when...give me a numberofdays.
Considering BLTA's address is in Pinkland,
too. Things are getting very very precarious
here by the day for a penny stock, don't you
think? Audit should be done, now, as it's
been since May when Tony told us about the
audit. We don't know the difficulties of
the Songbird matter, do we?
I'm selling half of my shares by Dec. 10th.
Here are 2 bad things that could happen.
1. BLTA goes gently into that good night.
OR-
2. The very next thing Tony will do is a
big R/S in order to get loans by way of
tonic notes. Remember, if you are in the
red now, then it would take you forever to
get your investment back with the number of
shares you lost in the R/S. And please don't
tell me about how you don't lose money on a
R/S, I know. But try making money back on a
50 for 1 less number of shares now. And please
don't tell me Tony said no R/S at the May
meeting. In the business world things can
change every minute, every hour.
I worry! I worry more as each day passes.
So much more about the audit and Songbird deal
than I am about the stock price. And even
greater concern over the audit than Songbird.
So far all we've gotten for our hard earned money
is talk and promises....and promises again in
the form of a well written letter to the share
holders.
In Baltia's long history, Baltia has never
had a BOD and a CEO like they have today. I'm
holding my shares as Baltia's future is now.....
tomorrow, tomorrow and tomorrow.
Who is Drago? And without name calling
how did you come about who the big
common holders are? Just asking.
I'm talking about BLTA board members.
I just hope the SP goes up some before
a r/s.
I'm asking, and have been asking
for the past week now, "have anyone here seen
any board member walking away from BLTA?"
And if you do respond, don't gave me the old
.......it's just another big scam. They may
fail or not fail.
no board member have walked away.
and that's a good sign.
If BLTA has no money as you stated
then why did the guy file a law suit?
Why even bother?
It's hard to comment on issues actuately
without being a part of the negotiations
to which none of us are.
True. We badly need posted news. And
that's an understatement. It is also
true we don't need N417XA to cement a
Songbird deal as it is also true that
none of the BOD members have resigned
from BLTA. And they surely know more,
and are closer to the facts than common
shareholders.
correct full name spelling-
Douglass Scott Chouinard....so its a
fake document-
imo. The deal doesn't stand or fall on
the Songbird plane. That must have changed
during negotiates. The parking lot is full
of all kinds of planes looking to be bought
or lease every where. Its a buyer's market.