Replies to post #661 on Top Ships Inc (TOPS)

[N-2-DEEP]

Yes that is the question

[modrica]

actually there are only 15,321,711 Common Shares outstanding

"..as of March 27, 2017, there were 15,321,711 Common Shares issued and outstanding. "

and The Lax Trust ( family ) beneficially owns 7,607,604 Common Shares

plus
" 4,100,000 Common Shares issuable upon the exercise of all of the 1,250,000 Warrants currently held by Race Navigation "

so share structure is still very small


imo

gl

mod

[Personalizit]

A lot of self dealing here too, just like DRYS. Impossible to figure a NAV.