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phase_ten

07/09/20 2:16 PM

#11767 RE: darron427 #11766

“As of the date of this annual report we employ directly only one shore-based employee. Our executive officers and a number of administrative employees are provided according to an agreement with Central Mare. Please see "Item 18. Financial Statements—Note 5—Transactions with Related Parties". In addition, our Fleet Manager is responsible for recruiting, mainly through a crewing agent, the senior officers and all other crew members for our vessels. We believe the streamlining of crewing arrangements will ensure that all our vessels will be crewed with experienced seamen that have the qualifications and licenses required by international regulations and shipping conventions.”

https://sec.report/Document/0000919574-20-002886/
Page 39

Deadpool05

07/09/20 8:43 PM

#11774 RE: darron427 #11766

Yea I'm invested in this company aswell... you ever notice how the offering is for like 10 cents and after the deal closes the next day shares are being traded at 11 or 12 cents... that type of dilution should be illegal imo. Most if not All the offerings were to Maxim group. IMO it looks like they're putting in 15 to 16 million dollars on Tuesday and walking out with 2 TO 3 million profit on wednesday. If that is what's happening I hope they get shut down even if I lose my investment. The sad part is you would expect this from a pinksheet not from one that's being traded on a major exchange. I would say good luck to everyone, but let's be honost we need a miracle.