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Giovanni

09/03/17 4:37 PM

#52009 RE: Fangster #52004

The regulatory system is very predictable

All of these SEC officers want to:


Make one's bones.

To make one's bones is an American English idiom meaning to take actions to establish achievement, status, or respect. It stems from, and is a corruption of, the idiom "establish one's bona fides".

Make one's bones - Wikipedia

https://en.wikipedia.org/wiki/Make_one%27s_bones
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Giovanni

09/03/17 4:57 PM

#52013 RE: Fangster #52004

We are a Marshall Islands company and our executive offices are located outside the United States in Athens, Greece. The Majority of our directors, officers and the experts named in the prospectus reside outside the United States. In addition, a substantial portion of our assets and the assets of our directors, officers and experts are located outside the United States. As a result, you may have difficulty serving legal process within the United States upon us or any of these persons. You may also have difficulty enforcing, both in and outside the United States, judgments you may obtain in U.S. courts against us or these persons in any action, including actions based upon the civil liability provisions of U.S. federal or state securities laws.

That’s from a recent F-3/A filing.