Replies to post #18971 on Box Ships Inc (TEUFF)

[ivfk]

TA, what is your take on the preferred shares (TEUCF)? In case the banks do force the company into bankruptcy by calling the loans, do you believe that there will be money left to pay the preferred shareholders the $25 per share plus 2016 accrued dividends of $2.25 per share? TEUCF is currently trading at a 90% discount to PAR. Do you think there is hope to recover any of the moneys?