Box Ships Inc (TEUFF)

[Hummingbird2]

That 1.86 mil shares increased from Nov 20 to Dec 14 occurred Within 25 days as final adjustment to 1st illegal toxic note. Last OS increase and update was on Dec 14 and there hasn't been any new shares since. So, your claim of 1 mil shares dilution per month is totally false once again.

Yes, Perferred shares aren't convertible to commons and they know it. So, they are violating anti-fiduciary act by using toxic notes to buy out Perferred shares instead of rebuilding in attempt to destroy common shares. SEC will put an end to this soon.

And 2nd illegal toxic note dilution hasn't started yet and SEC is going after this scum management.