Boston Carriers Inc. (fka BSTN)

[SirScalpAlot]

You don't see or don't understand the blank shares. Think how this could effect your "investment".

OS was 3m. As of May. Take intk account the shares issued to Bertsos which was 4 mil. and should have been issued latest 60 days after May 15. Then also add the debt conversions which turn capital owned to common shares. Also add the 200,000 usd in shares, regarding the 2016 salaries of 2 BoD members. Just read the matrix included in the 20-F, the one that contains major shareholders of the company.

Finaly when attributing value of the vessel to each share, you should deduct the liabilities shown on the balance sheet or at least the loans, because in this company's case the vessel did not fall from the sky.