Box Ships Inc (TEUFF)

[tinojax]

There has never been talk of "LIQUIDATION"

Boogaloo does not want to liquidate that $2.7M in receivables that his private company Alseas is holding.

Boogaloo has plenty of money (and ships) to get this company afloat again all by himself. Once afloat he could pay us (add it to the balance sheet of the company) the $2.7M owed us and most commons would be happy. We may even forget about stolen ships and illegal conversions.

I predict Boogaloo will never do that. He is hoping to keep that $2.7M for himself and hope TEUFF will disappear and everyone will forget about it.

He will never invest his own $ to refloat TEUFF (or Paragon for that matter) because he would only be able to steal from himself. His only reason for keeping these two shipping companies barely alive is the prospect of getting outside funding so he can steal it again.

Boogaloo's actions are very clear.........