Top Ships Inc (TOPS)

[Stingray]

If the do 1 and 3....2 should not be needed....the equity offerings are what kill the stock price.

1. it will not conduct any new equity offerings, public or private;

2. it will not conduct any reverse stock splits, except to the extent its Board of Directors deems advisable for the sole purpose of remaining compliant with Nasdaq continued listing requirements;

3.it will not pay any bonuses to its executive management; and
neither the CEO nor his affiliates will sell any common shares.