Box Ships Inc (TEUFF)

[munhoi]

appreciate your efforts

its reprehensible that this CEO issues a letter last August 2016 re-assuring shareholders that everything I OK its just a cycle , we will be back and then due this dilution reverse split thing right after and then the investor relations firm then publishes this same letter on their website in Nov 2016 again to reassure investors - then they immediately sell all their ships after do a reverse split dilution again.

it reeks of transferring of assets, charging excessive fess to Box Ships, then the affiliates of the CEO doesn't pay their bills back to BOX just charges them for services takes the cash and then issues dilutive shares and reverse splits.


you wonder if the CEO and the BOD is legitimate or just using the public company to siphon money into their affiliates.

he runs this company like he owns it 100% himself and hes accountable to no one but himself.

its outrageous lack of fiduciary responsibility negligence