Box Ships Inc (TEUFF)

[GoldRus]

Under the repurchase program, the Company may, but is not obligated to, repurchase its common shares from time to time in the open market at prevailing market prices or in privately negotiated transactions from time to time. Any repurchases under the program will comply with the requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The timing and amount of purchases under the program, if any, will be determined by management based upon market conditions and other factors