Box Ships Inc (TEUFF)

[munhoi]

Balance Sheet is the important one , not the cash flow in this cash because its an Annual filing not a monthly filing , they will have large negative cashflows because until they extinguished the large debt payments and sold the idle ships in November, it was impossible to have a positive cash flow except for one month of the year which makes the cashflow irrevelant unless it was on a monthly basis, with heavy losses for the year like 95% of shippers its impossible to have other then a large negative cashflow, its the forward cashflow and income that's important for that 2016 annual statement - only the Balance Sheet is important to determine where they are in terms of liquidity at year end and final liability balances and showing all major debts removed