Box Ships Inc (TEUFF)

[munhoi]

no, Box ship has very little debt Paragon has a lot of debt

Box Ships shareholders would not want to be related to Paragon

furthermore the CEO mgmt and related entities are the expenditures for Box and Paragon, they get charged separately on contracts so there is no savings by merging - they are already the same people

its not going to happen and no Box ships shareholders would want to merged with Paragon big debts and negative net equity when Box Ships has almost no debt and positive net equity

plus with Stephen Chu voting against RS - it wont happen he has more shares then all of mgmt shares combined