Replies to post #19847 on Box Ships Inc (TEUFF)

[Toxic Avenger]

Unfortunately, the 5 remaining ships would have to be worth north of $100 million, which seems unlikely, for that to be possible.
And even then, there's the $25 million preferred shares that would get paid off after the banks and before any common.

[harby58]

There's obviously a plan is in place watching the 6-ks roll in. TEUFF does not deem it necessary to share this plan with the public. They would rather have the business succeed than worry if the share price is .008 or .08 right now.

Soon enough they will shed light on the good news.