Replies to post #1838 on Paragon Shipping Inc. (PRGNF)

[redsky7]

CEO said it will occur if Paragon

can not pay the loan back in cash.
(see last 6-K)

They can't, as they have no revenues.
I believe this loan has already been
converted into common.

Box Ships (TEUFF) came out with their
SEC filing 20-F yesterday. Maybe
Paragon's filing will be out soon.
Who knows! But be looking for it.