Replies to post #24718 on Box Ships Inc (TEUFF)

[munhoi]

I noticed it on sat/sun when they updated the o/s shares

that's the only bright side - they upgraded the reporting of the o/s shares if you want to put any silver lining to this CEOs incompetence and lack of ethics

by the way I cant do private messages

[munhoi]

how this CEO can send a letter to every shareholder during August 2016 saying don't worry this is just a shipping cycle we are going thru - I hope you trust in me and support me, tells the investor relations to post in again on Nov 2016 to all shareholders vs speaking to us and then do just the opposite there-after including stealing 2 of the newest ships from Box to Allseas for nothing


this CEO if he incorporated in USA vs the Marshall Islands with his disclosures of massive amts of conflicts of interests so he can essentially steal from shareholders and not go to jail is the reason this company is where it is at

he is interested in creating wealth for his related entities

if he ever got smart and actually did something for BOX Ships and its shareholders - the equity value would grow significantly and he would be able to raise capital

but he has not put a dime of money into BOX only his affiliate entities - that's what is holding up BOX recovery

[munhoi]

CEO has 22% of the preferred

Mr. Chu has 20% of the common voting


CEO trying to dilute Mr. CHU's voting power


so far the CEO is winning the battle


maybe its time for the SEC or lawyers to get involved if we don't see positive actions by the CEO and BOD which Mr. CHU has suggested

[munhoi]

Mr. Chu doesn't believe for instance the Allseas needs to exist nor any of the CEO's private entities as they were all created to become contract payments of BOX to Allseas ie BOX could have had Allseas as part of BOX

the reason is Mr. Chu concluded that all these private entities exist solely and was created solely by the CEO to siphone profits, assets, and fees from the Public " common Stockholder " company called BOX to move the profits, assets and fees to ALLseas and his other entities - therefore his private entities always makes profits and succeeds and only his "public entities" like BOX are losers.

in his opinion Mr. Chu has told the BOD and the CEO he believes the public companies such as BOX and Paragon has been nothing more then wealth transfer vehicles for the CEO blinding the banks, the shareholders etc.

as such Mr. Chu believes Allseas assets really belong to Box Ships and they should be merged and BOX should be the rightful owner of those assets

unfortunately - they are incorporated in Marshall Islands and even Mr. Chu cant get tow trucks and ship haulers to move those assets over

if he could - he would

[Hummingbird2]

TEUFF Security Details Other Company Securities
Share Structure
Market Value1 $71,143 a/o Oct 19, 2017
Authorized Shares 475,000,000 a/o Oct 18, 2017
Outstanding Shares 8,369,729 a/o Oct 18, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC 8,282,247 a/o Oct 18, 2017
Float Not Available
Par Value Not Available

http://www.otcmarkets.com/stock/TEUFF/profile
http://www.otcmarkets.com/stock/TEUFF/news
http://www.otcmarkets.com/stock/TEUFF/filings

[Hummingbird2]

OS went up by 10,602,796 a/o Oct 19.
And volume on Oct 20 was 15,138,732.
That could be the end of note conversion or very close to it since share price was .10+ when conversion began on August 11.

Aug 11 2017 0.1 0.0599999 -0.04 -40% 0.0509999 0.1 244,475

https://ih.advfn.com/stock-market/USOTC/box-ships-inc-TEUFF/historical/more-historical-data

TEUFF Security Details Other Company Securities
Share Structure
Market Value1 $53,566 a/o Oct 20, 2017
Authorized Shares 475,000,000 a/o Oct 19, 2017
Outstanding Shares 18,972,525 a/o Oct 19, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC 18,885,043 a/o Oct 19, 2017
Float Not Available
Par Value Not Available
Transfer Agent(s) Verified by Transfer Agent
Computershare

Outstanding Shares 8,369,729 a/o Oct 12, 2017
Outstanding Shares 5,980,970 a/o Oct 09, 2017
Outstanding Shares 5,580,970 a/o Oct 04, 2017
Outstanding Shares 5,080,970 a/o Sep 27, 2017
Outstanding Shares 2,913,370 a/o May 01, 2017