Box Ships Inc (TEUFF)

[tinojax]

A bit more here........I don't think preferred shares were converted only cashed out by boogaloo probably from the $2.8M reserves. What was illegally converted to common shares were several notes which added up to 30M shares, if I remember correctly. This info is in the messages and SEC filings.

What I don't like is this wacko shrimp farm conversion idea which would probably end up being a company sale and preferred shared getting the spoils leaving the common busted. And that goes for the additional wacko idea of converting the preferred shares to common, massively diluting the current common shareholders, and ultimately selling the company due to the will of all these converted shares.

Remember, boogaloo owns the majority of the preferred shares which would give him voting control after a conversion.

So, since I've only seen this suggestion from temp_luvs_amy, is temp_luvs_amy working for boogaloo?

Food for thought..........