Box Ships Inc (TEUFF)

[BigBadWolf]

$$TEUFF example for Kyros conversion 7-15-16 close 0062 0062 X 65% = .000024 pps @ conversion request as per stipulations & terms of the CDA

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11309200

Toxic Financing w/ Toxic Financing Specialist

the value of any conversion is deducted from the note (using the actual dollar value of said (each) conversion) not what the conversion yielded later in the market place... should the pps drop again prior to any new conversion then again, the actual $ amount of that transaction is deducted form said original remaining note value.