Box Ships Inc (TEUFF)

[TEUFForBust]

Yes, they need to present a business plan to increase the share price. A reverse split with out a business plan accomplishes nothing. Except that it would satisfy both your and their belief that wiping out the commons shareholders is how it’s always done and should be done. Again 300 million shares with a marketable business plan would provide more than enough capitalization. And I still believe capital could be raised even without the dilution that 300 million shares represent.