Box Ships Inc (TEUFF)

[munhoi]

doesnt take much of being a genius CEO to map out a plan for the company to enter into a binding commitment letter with a European financial institution through which it obtains financing of approximately $15.0 million, securitize it with the purchase of two dry bulk carriers. The Company can easily get a credit facility to have terms and conditions that are customary for financings of this size and type and to close it within January 2021

why havent they done this - the CEO is a crook

if he wasnt he would have been able to but he like I said burned evevry bank and shareholder he ever touched and has used the rip off shareholder dilution model to get "free" ships "free pass thru money for the sole purpose of funding his own private entities

this CEO needs to go legit and get it done or be slapped with hundreeds of millions in lawsuits

in essence Allseas is really owned by TEUFF shareholders as they essentially financed its existance in the past IMHO

lets take our assets back and get the CEO in jail if he doesnt delier soon and get the company restarted legitametly IMHO sue the accounting firm that let thee scam occur take all the CEO personal assets if we have to IMHO