Box Ships Inc (TEUFF)

[munhoi]

I tried to track down where Box Voyager and Box Trader is - they are still both registered to Allseas the subscriber services allows you to track where the ship and port they are traveling to etc. but I am not a subscriber


http://www.vesseltracking.net/ship/box-trader-9423035

http://www.vesseltracking.net/ship/box-voyager-9418377


here is the deal - the CEO Mike never ever does anything from the goodness of his heart - he bought those 2 ships for $1.50 each either because there was little to no liabilities to be assumed and no he wont not do it solely for the benefit of Box Ships - IMHO he took those 2 ships from the common shareholders and made a sizable return on them - therefore the deal and the no return to BOX within the 90 days IMHO

IMHO common shareholders were most likely swindled without them knowing it - but if the BOD and CEO wont reveal if they assumed any liabilities or how small they were and why they didn't pay BOX ships back on the $2.7 million due BOX yet all point to
something not a arms length transaction

anytime you have the same party - the CEO on both sides of the transaction CEO of BOX and CEO of Allseas - you got makings of transfer of wealth from one entity to the other IMHO

otherwise they would shed light on the facts which you are unwilling to due

that's a clear sign something wrong has transpired IMHO - therefore 2 of the BOX BOD resigned months ago when those questions were raised to them by Mr. Chu

coincidence doubtful