Absolutely correct. Johan Eliasch knows exactly what he's doing. With his UK/EU connections he knew about those Tri-Star tankers before he ever seized control of this company. It's also why Johan Claasen accepted 6,730,769 common shares at a value of $0.52 as equity in TMPS. Johan Eliasch explained to Johan Claasen the game plan & pointed out that he had Scott Terry running the business & showed him Terry's resume.
The Johan is not a bank. But eventually, he will bankrupt TMPS. No partnership here. Just plain greed. By the way, I love that show. Willing to bet The Johan headlines someday soon.