Box Ships Inc (TEUFF)

[temp luvs amy]

Didn't McGuire already take those first steps? Why do we need to take the same failed steps?

I reviewed the prospectus of the Preferred Shares, and I see the future of the company. It will be owned by the preferred shareholders at a conversion rate of 8000 to 1, approximately. Unless your action is speedy, or you can negotiate with them, the ratio just gets worse for common every day. If the common price goes lower, it gets even worse faster.

I hold a minimum of 2% of the preferred. Hurry up and get my ships back.