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I sent a email recently but no response. Took a few months before I heard anything back on the last one.
I think someone posted that he will be updating soon....
Not anymore.....There are plenty of slots open if your interested in doing it.
I may check in more if some new information comes out regarding what is going on.
I haven’t signed in for awhile.....looks like it has been automatically removed.
There are a lot of us still 100% on board. Discouraged we are not posting?
Thanks for sharing. I was just wondering about the status of the second boat this morning.
Very true. Thankfully there are two major developments taking place.
Well...you can call us dreamers or fools or whatever else.
I have grown to trust Antonios and until proven otherwise I trust his judgement and decisions regarding Boston Carriers.
I have dug and researched deep on this company. I know the good and the bad.
It is a legit company and has the potential of becoming a big success. The current deal being negotiated is, as Antonios Bertsos stated, "An opportunity of a lifetime.".
We will see what the future holds.
Why are you assumming he hasn’t already obtained funding?
I expect it to be quiet until the deal is finalized....I’m not concerned about it. I don’t believe it will be too long. From my digging I believe Nuova Abibes has a lot of interest in closing the deal sooner than later, as well as Boston Carriers. There is no a guarantee with these things until papers are signed but if things go as planned there is Incredible potential for this company.
Borsa Italiana would be the market they trade on. I haven’t been able to get the info through the exchange because I need the ISIN number. It got complicated so I lost interest. I’m not interested in investing in them. I found enough to know they are 100% legit company.
This is a huge deal....don’t know how long we will wait for it to close but Boston has 5 months to do their DD.
Don't be fooled. The Acquisition and relationship with Nuova Abibes
is taking place as the PRs from Boston state.
I imagine we will be hearing plenty more in the weeks to come.
I had a few asking me how I came to the conclusion in this post.
One of the common problems on OTC stocks is false news. Pump and Dump schemes.....so when an article is put out like the one posted...the first response of traders is "Oh, Boston Carriers is lying regarding the acquisition. Just another scam". Which I expect most probably thought.
If you add the context of the situation into the article it will make a lot more sense. And you will see how the article is misleading in its presentation.
MS Distribution made a deal with the shareholders of Abibes when they bought the company. It is mentioned as a separate agreement in regards to the bankruptcy filings.
Re-Read the article and watch how they present it. Boston Carriers Claims..... but Federic says........
They change the topic....from acquisition of physical assets to shares.
Federic sent in a written statement to the paper to let shareholders know his intent.The paper did him a disservice in how they used it.
Still here! Will be for the long haul.....
Very pleased with the recent developments and potential of this company.
It appears Federico Careri is attempting to calm concerns of shareholders of Nuova Abibes. I know there was a separate agreement made for shareholders when MS Distribution purchased Abibes.
He isn't stating an arrangement isn't being made with Boston Carriers. Rather he states a deal for shares wasn't signed.
Likely so....and even greater for those who hold longer.
Considering what is developing....
This is incredible...... looking forward to how this develops. Six months isn’t long to wait.....potentially could move quicker.
Financially the plant is much larger than I expected......Nice to be surprised in a good way!
No Joke? BSTN is acquiring the plant! With projected product revenue of 85 million!?
Did not see that one coming.......
I agree..... I especially appreciated the last half......
Sounds like some big things taking shape.....looking forward to the coming updates.
Huge move at eod also.... golly...... this will really get moving when word gets out on what is developing.
Not all of it was allocated to him. That total covers salary for other board members as well....two that have left and one still remaining....if I remember correctly. But that total is not 2017 alone.....
Antonios receives 1.5 million annually in share compensation. With a 48 month restriction.
You can find the details further in the 20f.
The increase in revenue is notable because in 2017 nothing changed for the company....they operated similar to 2016. Yet they saw huge gain.
Strong indication of the improvement in the market...
The debt could become a problem but for now it is manageable.The company can operate for 2018. No investor likes it but it comes with the territory for penny stocks at this price....
If nothing was changing this would be a terrible investment. But the reason I am here, and others.... is because of the recent news in 2018 and potential for growth.
Looking forward to the coming updates and developments....
Don't fall for the misinformation......that is not his yearly compensation, nor is that debt amount currently due....the deadlines have been changed....
I agree regarding the debt restructuring. I believe it will be easier to do so once revenues multiply.
The good news is they seem to have it manageable for 2018.
I’d like to add as well, that Antonio’s high share salary is likely established to prevent a hostile take over rather than be a luxurious wage to pad his pocket.....Considering the 4 year restriction time.
Bstn 2017 Revenue up 122%. Looks like operating expenses slightly down as well and some debt deadlines renegotiated. Overall some good news.....
Add a second boat and the pending deal with Nuova Abibes and 2018 could give this company the boost it needs.
Will see what develops.....
Chyna9 has an open spot.... is he around?
We have been hearing about dilution for months every other week. It’s like clock work.....Toxic death spiral and all....The evidence has been to the contrary.
Each mod can sticky one post.....I can replace mine if no other mod wants to change theirs.
Many big developments taking place for this company.
Looking forward to the future.
BSTN Quick Reference Guide
Simply type in the post number into the white "Go to Post" box located at the top and bottom of the ihub messages.
Info on Strategic Alliance Company "Nuova Abibes" Post #9099
Info on Nuova Abibes LPG Storage plant Post #9095
BSTN Share Structure Post #9084
TA Contact info Post#8995
Spot Voyage Revenue 2018 Post#8920
BSTN Strategic Alliance
BSTN Twitter Feed
How to track the boat.
Don’t get discouraged......
I find the tweet incredibley helpful and hope he continues posting.....
It gives us an opportunity to learn more about the CEO and the company. Do they do what they say? Do they care about investors? Are they striving to expand? Are they interested in making changes and fixing problems?
We now know there are updates coming, it is no longer assumption or speculation. We know they will be major and it’s happening in the coming week..... and it isn’t just one.
Certainly good info if you have been considering buying more.... or getting a starter.
Good time for entry! This won’t sit around at these prices to much longer.....
They own the largest plant in Northern Italy....I’m not sure regarding their competition.
I don’t think it matters much....demand is high and getting higher. 2020 is the year many fear will lack shipping to keep up with demand.... at least according to a few things I have read.
Good news is Nuova Abibes has the goods to be shipped and a large investment company behind them.
I’m sure we will get more details regarding the arrangement with BSTN in the not to distant future.
Unfortunately there is a lot that has to be sorted through... then on boards like this there is a lot knee jerk reaction to a PR and opinions thrown out without any research done.
This was a tough dig as well....but I feel good about what I learned. I shared what I know to be true, I encourage people to read it closely and not misunderstand what it is saying. The other parts I'll wait for some confirmation....I really don't want to start any misconceptions. I hope to see additional PR's to confirm the other aspects.
Very excited about these developments.... and suspect big things to come!
I don't want to speculate on things I don't yet know for sure.... but I do believe the future for BSTN is beyond what any of us realize.
I invested when they were seeking to add 1 dry bulk carrier.... now they are looking at expanding into LPG transport. I was skeptical about the strategic alliance at first but after all my digging.....this is huge.... absolutely mind blowing......truly big news!
I will be holding long in this company.
History of "Nuova Abibes SRL"
"Nuova Abibes SRL" Plant Information
Did some preliminary digging on today's PR. It seems that there is an anticipated shortfall of shipping in relation to demand of LPG expected to peak in 2020. Seems like demand is increasing in Asia.
Could be a niche for BSTN.
I'll dig deeper in regards to the company "Nuova" as well. Won't have time till a later date.
If anyone finds something to share please post.
That sure muddied the water.....I'm confused.
BSTN leaving dry bulk for LP transport?
I also can't find info on Nuova in english......
Well lets hope your long wait will be rewarded.
I truly believe this company is attempting to make things right again. They are in a much better position than last year.
I don't know of any company that does an annual R/S.... so I don't think we will see a scenario like last year. The R/S is done.
In the meantime looking forward to discussing the future rather than the past. There are a lot of things beginning to take shape and we will know some new facts soon enough.....
Bottom line for this company is they have to increase revenue and pull a profit in 2018 or at the very least break even.
Can they do it? We will see........
Ahhhhh..... I see. How is it that you bought years ago and had an R/S weeks later? When the R/S took place last May. I’m also not seeing any indication of a highly anticipated PR during that time.....