Stocks that Float: TANKERS & DRY BULK SHIPPERS

[Milner]

Xanadu,

I feel like its going to be one of the best investments i have made up until now. I think it has dropped slightly since it ipo'd on the Oslo Bors. I have been counting down the days until it comes off restriction. I really think its going to be quite a compliment to the JF group. I also think its a win win situation for the companies that operate under the Jones Act. My assumption as to why they are operating these charters as Bareboats is that the three companies involved are operating under the U.S. Jones Act. You would probably know better than me knowing your acumen for these things. I think JF has accurately gauged the lack of refining capacity especially on the west coast of the u.s. Once again these are just theories of mine. As you know i can be way out in left field so let me know what you think....

Thanks Buddy...

Joe