Box Ships Inc (TEUFF)

[temp luvs amy]

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

I just found a paragraph in the prospectus that puts that notion to rest. They were supposed to declare a Special Meeting for Class C Holders (to vote) after the various defaults within 120 days. I never received such notice, but the voting of the Class excluded... "shares held by us or any of our subsidiaries"


ppg : S-54, S-55 "Voting Rights"

Class C Prospectus