Replies to post #24628 on Box Ships Inc (TEUFF)

[munhoi]

now that hes sold that 2002 Allseas ship to the Chinese, maybe he will finally pay off that $2.7 million he owes Box Ships

the irony is that Box Ships pays Allseas and the CEOs entities ASAP but when the CEO own entities owes BOX ships , he doesn't pay like hes insolvent - whenever you have the CEO on both sides of the transactions fishy things happen, ships being sold for nothing, unpaid bills, dilutions, reverse splits siphoning of assets over to affiliates IMHO