Box Ships Inc (TEUFF)

[temp luvs amy]

I don't know. It's all speculation. I know that I don't know a lot of things. I didn't even know he was a ship owner. I thought he owned everything by proxy, ie. through mostly failing stock certificates. <<<---That's sort of why I think he needs to get funding. All of the ships he "owned" at Box were funded by banks, and he had to sell them to pay the old debt. The company boasted that they bought and sold ships at one time. When the crunch hit, there was nobody left to sell them to. Bad shipping market destroys the market for ships. At the lows, they could have repurposed all of the ships for floating public storage. It was cheaper to ship your household goods around the world than it was to put them in your local public storage unit.