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news of Tadlock and his lawyer should be expected soon
Either positive or negative
I think this is another Allseas.
B has just a few employees. The website is allseas.gr and i noticed that recently he removed all the names of the management team. Now it is only B’s bio in the website.
Maybe they are closing down.
In the fleet i found ships he got from the other listed company Paragon Shipping.
Both Box n Paragon are without ships but B became shipowner.
He knows how to disappear both himself and the company’s assets.
In that respect he is definitely a magic man.
I am sure we shall not see or hear from him again.
The SEC will do.
Was told that SEC received plenty of information
and has started the investigation.
I wouldn’t bet my money on that.
SEC has been very aggressive lately. In another case with a Greek Shipowner even the US government has been involved. With the proper evidence measures will be taken.
I believe SEC will even call Tadlock and his lawyer to testify..
Mr B left Box and Paragon without assets.
There is nothing to claim except from B himself. He has money to compensate the investors.
He did that apparently with Tadlock..
He has deliberately led the two companies in the dark so that he covers the fraud.
Now he owns vessels privately ( few of them he got from Paragaon ) and makes a fortune.
The SEC however will take some action.
Mr B will never reactivate Box ships. He took both Box ships and Paragon dark so that he covers the fraud he committed. His interest is in his private fleet.. however now that Tadlock revealed few of his fraudulent actions one way or the other the SEC will be informed. Even if Tadlock and his lawyer have other plans in their mind.
Also i think Tadlock’s lawyer has the obligation to report a fraud in a public company.. she cannot stay silent...
Apart from Box ships mr B has also a lot of issues in Paragon Shipping. In this company he did not simply raided the funds but the assets of the company..
Or you go after him n make him pay.
He destroyed the company, took our money.
First we make him pay and reimburse us then you buy the float although i see no value there anymore.
No news from Travis Tadlock? Or Stephen Chu?? They were after B with evidence of fraud.
Sharks targeting investors money
He took Box dark to cover his sins.
Expect nothing from him.
Someone has to read carefully
Depending on the evidence
According to what we read in Tadlock’s lawyer, there are plenty of them.
Pursuing this case may have two goals :
A. Make others refrain from similar actions and thus protect our future investments
B. Make B compensate the investors for the loss they suffered from his illegal actions.
This guy made a fortune at the expense of the investors who trusted him
Apparently here there is evidence of the fraud.
Travis seem to have the information and goes after him.
B definitely has no conscience but for sure he has deep pockets full of Box and Paragon money.
Can the investors be compensated ??? Action is needed i guess.
Any news from Tadlock??
Does anyone know if he got any responce to his lawyer’s letter??
From what we read there is obviously a scam here. Not sure if TEUF has made something illegal but the CEO seems that made a lot of money at the expense of the investors and the company.
Do not agree that nothing can happen. Scammers have to be punished and this must be the case here.
i am sure the SEC and SDNY will take a serious look and if correct that the CEO is based in Europe then billateral agreements exist and he can be prosecuted.
It is good that Mr Travis ( and other investors?) is willing to pursue this further and more will join this effort.
It is encouranging that somebody is taking some action to protect the investors.
We are waiting to see the development of this story and i am sure more investors will be by the side of Mr Tadlock in pursuing this case furthe. SEC and SDNY have to be into this...
The case is different here i believe. Not sure if we are talking about BK. Let’s wait to see what could be revealed and then it might be worthwhile to take action. Many people lost their money from the two entities. And i am afraid this was not by coincidence or due to the bad market.
Follow TEUF, the other BOOGALOO’s company where there are investors who seem to be taking some action.
it is obvious that he raided both Companies.
Ships of both ended to his private entities and he is now with a fleet that was supposed to be for the interests of the investors. Especially the last two years that the market improved considerably.
It is never too late for legal action and justice.
Boogaloo owns only 10% of the preferred and not sure if he has sold already few of them.
Or he cannot get rid of the “carcass”, it is a burden for him and that is why he went dark.
No filings, no compliance.
Donot believe it is Boogaloo’s intention to buy any vessels. The Banks will not be there to support and the capital markets are closed for him. He took both his companies ( Paragon and Box) dark so that everybody forgets them. It should be investigated by the authorities and the SEC what happened in these companies and ended up without vessels and funds.
Two of the major shareholders of Box have contacted the company asking clarifications. And it seems several other investors are eager to file a lawsuit against Boogaloo.