Replies to post #28516 on Box Ships Inc (TEUFF)

[temp luvs amy]

Someone spent $5k to try and restart the pump, but it's not working.

None of the pumps worked. Boogaloo just kept issuing more shares, and nobody wanted to pay. The promoters were lucky if they got their money back.

Now it's a shell. Cheap, with no debt other than the preferred shares (and a receivable to boot), and you just do what management has done to preferred already, ie. don't pay them, or buy them for less than one penny on the dollar of unpaid debt. (current price) (So sue me?)

Then you RM it with a viable business model, and work on getting listed. As long as you get the preferred deal, your IPO is cheaper than most. Cannabis is overdone. Maybe they have a cure for Corona, or an electronic detector of the virus? Could be anything. $5000 is a drop in the bucket.

[temp luvs amy]

Actually, it's a company that was in the wrong place at the wrong time. The whole container industry died because of the iPhone and the Flat Screen. Not many survivors to discuss. Boogaloo was a creative loser, but a loser anyway you look at it. It wasn't his fault, except for the grasping at straws, anyway.

He did wrap up the debt pretty neatly, though.

[tinojax]

It looks like there are still buyers for this "about to be delisted" stock............that you Toxic???????lololololol