Friday, June 23, 2017 5:47:01 PM
this is a crucial technical item - ie Management and BODs can be very elusive if told by legal teams how to get out of promises with slight change in words etc. ie such shareholders vs common shareholders so that if they only protect the preferred they are covered etc.
Use following verbage to put them on notice so that there is a DETERRENT from doing what they have done in the past - ie without putting them on notice - there is no DETERRENT for them to cease and desist what they have been doing etc:
The BOD and Senior Management of BOX Ships TEUFF are required to uphold their fiduciary responsibility to its common shareholders in all phases and aspects of their duties and to enhance shareholder values , the provisions of which when violated fall under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
We as common shareholders believe there are real concerns as to whether Box Ships(TEUFF) and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and to further plan to violate Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 again based on the 6k filed on April 19, 2017 seeking additional stock dilutions and reverse stock splits to fund the self dealings and self interests of the BOD and Management including but not limited to use of death spiral financiers and also to further self-dealings thru preferred stock conversions in a conflicted manner due to the CEO's private entities owning a majority percentage of the preferred shares outstanding.
I suggest every common shareholder sent this as a common shareholder to voice that this is not acceptable and this is not legal under SEC rules and regulations to set a DETERRENT to ensure us the common shareholders will be protected from any future damage to our current interests and create the ability that common shareholders interests will be advanced.
thank you for your efforts in advance for those common shareholders willing to put BOD and Mgmt on notice and that we are fed up with what they have done in the past or may plan to do in the future.
The strong will always take advantage of the weak unless the weak band together and create a stronger coalition to fight injustice.
thank you
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