Box Ships Inc (TEUFF)

[tinojax]

That's exactly what I am saying........

quote:
"Since the shares will be sold to retail before being converted, there's no "change of control" unless one entity buys 51% of the O/S. "



According to the "bylaws?" preferred shares CANNOT be converted unless there is a "change of control".

It looks like someone (Mr. boogaloo and/or his cronies) is breaking the law.....for the SECOND time now.

Besides law breaking it is totally anti fiduciary!

Good thing Mr. Boogaloo has deep pockets. His Cronies better be ready to pony up as well...........