Box Ships Inc (TEUFF)

[munhoi]

ie what i am sayin in my prior post is SEC 95% of the time does nothing and even less on defunct companies

the companies liability insurance and the outside auditors liability insurance can be gone after for the outside BOD directors negligence , the BOD negligence, the auditors negligence and direct civil lawsuit against the CEO himself are better bets then any SEC

although per your post I get the drift that a successful SEC investigation gives the shareholders the basis to win a shareholder lawsuit and damages then ensue