Well, there are plenty of shares to go around at cheap prices and the MMS still have control of the majority of them. Probably somewhere around 930 million of them. The only way this goes back to silver is with another r/s.
With numbers like the ones you presented, why does he only have one operating ship and at a 5M dollar price tag, and why did it take him so long to acquire another? Between his salary at 1.5M and the revs he claimed from a few voyages in his PRs, he should have a fleet of 20 by now if he has any favorable credit history at all. Don’t forget, Bertsos is the guy stating that he has found an underserved market by his ability to access smaller ports. In other words, he says the demand is there, he claims to be making the money, but he still has one operating ship worth only 5M. Something just doesn’t jive here....
