Box Ships Inc (TEUFF)

[munhoi]

Mr. Chu has complained to the BOD and CEO many times that 90% to
100% of all transactions are essentially between the CEO and his related affiliates and that the CEO has been transferring wealth and using BOX ships as the vehicle to move wealth assets profits to his private affiliates and BOX ships is merely a vehicle to further those purposes

if the CEO ever puts BOX on a level playing field BOX can thrive again

that IS the whole problem - IMHO the CEO private affiliates skimmed every last dollar from Box Ships leaving with it nothing - BOX takes 100% risks , the CEO affiliates have zero risk but 90% to 100% of the rewards ie no down side risks only upside risks and they managed to structure it that way blinding all the banks , creditors and shareholders especially


only Mr. Chu has managed to fight this evil to the core cancerous management team of BOX -

the fact is they can really come out of this and benefit the shareholders - only the CEO's greed stands in the way of all this