DryShips Inc (fka DRYS)

[Burnt before]

You can read whatever you want in to it i guess , as many seem blind to GE and his shenanigans. but when it says as of February 7th that means on February 7th we have this much money and that many shares.Is it so hard to work this crap out? He has only put a deposit down on the first carrier, of which he used borrowed money? from himself at a decent interest rate.
He waited until the closing of the finance to announce this to paint this turd in a better light with these figures. Most of which do not relate to the actual 4th quarter or earnings, real revenue 12.8 million WOW this stock is a real cash cow LOL

February 7, 2017, Athens, Greece. DryShips Inc. (NASDAQ:DRYS), or DryShips or the Company, a diversified
owner of ocean going cargo vessels, today announced its unaudited financial and operating results
for the quarter ended December 31, 2016.
Updated Key Information as of February 7, 2017:
- Cash and cash equivalents about $243.0 million, (or $6.70 per share)
- Book value of Vessels, net about $95.3 million
- 3rd Party Loans about $16.5 million
- Sifnos Loan Facility balance about $142.9 million
- Sifnos Loan available liquidity about $57.1 million
- Number of Shares Outstanding 36,253,866

The Company financed the closing price of $21.9 million by using part its undrawn
liquidity under the $200.0 million New Sifnos Revolver, which now stands at $142.9 million. The $61.6
million balance of the purchase price for the VLGC will be payable in installments until the vessel’s
delivery from HHI.

http://dryships.irwebpage.com/press/dryspr012017.pdf

Hard to get excited about DRYS at the moment, plenty trying to talk this up but if you hold this too long you will need this IMO