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Re: FSnow post# 4124

Thursday, 11/09/2017 3:48:23 PM

Thursday, November 09, 2017 3:48:23 PM

Post# of 13307
No Problem

one other thing you should be aware about Greek shippers is that they are family affairs

As of May 8, 2017, Lax Trust, which is an irrevocable trust established for the benefit of certain family members of our President, Chief Executive Officer and Director, Mr. Evangelos Pistiolis, may be deemed to beneficially own, directly or indirectly, all of the 100,000 outstanding shares of our Series D Preferred Stock. The shares of Series D Preferred Stock each carry 1,000 votes. By its ownership of 100% of our Series D Preferred Stock, Lax Trust has control over our actions. The interests of Lax Trust may be different from your interests.



Do not get me wrong money can be made with Greek shippers but only as a day trade only.

You hold you lose

GLTU

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