Wit the assistance of an SEC friend of mine, I contacted the SEC today to forward all of the legal documents I and my team have accumulated. The fact the the cEO transferred assets from our company to a company he controls , has been anti-fidicuiary by the SEC person I spoke with through e-mail today. He stated a full accounted need to be done and verify whereupon the monies from the sales of the vessels went and why All Seas, a company he exclusively owns got them for pennies on the dollars. My parents and are I ready to move ahead with your embezzlement of the company, systematic shipping of the company's good assets, while stick king this company with recidivistic reverse splits and dilution. The SEC intends yo file an injunction on Michael B. and name all of the Board of Directors, st stop the stealing of our money and our company. Michael B. MUST GO !!!!
I m prepared yp spend up to $300,000.00 to litigate this in court. I will begin on removing jurisdiction from the Marshall Islands, so easy to do. I will seek a cease and desist order fro Michael/s B.'s corporate actions will ask to court to appoint there, temporary, unaffiliated and respected shipping executives which would represent our interest, the common shareholders. I will also be filing a $1,000,000.00 class action lawsuit on behalf o all common shareholders, seeking to negate the latest filing which only screw u common share holders more, and abets the CEO, Michael B. in this obvious embezzlement.
THE BUCK STOPS HERE. who is in?
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