Box Ships Inc (TEUFF)

[munhoi]

historically the CEO used BOX ships to charge high fees thru Allseas & Teige his other two affiliates to make himself rich - he needs BOX to continue to be able to continue those self dealings to enrich himself - therefore BOX will always continue

its how they recapitalize & refinance to get the Ships - that's where the BOD composition and the accountability to shareholders will limit the self dealings and the lack of fiduciary responsibility to shareholders where he's only concerned about the NEW money to be funded and not us