WOW.I GUESS A HALT IS VERY NEAR ON THIS POS.Lies to the SEC
In a further twist to the tale, on Jan 24, news came out that Economou allegedly lied to the SEC in multiple 6-K filings and is now being investigated. The allegation is that Economou lied to the SEC using Panama Papers proxy and corrupt Canadian officials. Shares in DryShips fell 14% on the news. The 6-K filing is a required submission for foreign private issuers of securities so that US investors have access to the same information as investors in the company’s ‘home’ market.
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