This question goes out to the Share holders of record: Did any shareholder receive an 8K regarding the current status of the Note or what the Note Holder decided to execute after the extension to April 2019 and the addendum to purchase the 6 tankers were made to the Note? I certainly didn't get an update. Is it required? I would think so! Would it affect my decision to stay on as a shareholder? I would think so. What does the law require? Therein lies the answer to what side of the law does protection offer. If it states that the execution of a NOTE must be notified to its shareholders than we are good because it would adversely affect its shareholders. We could reach out to the SEC secretary who gave us the notice Vanessa Countryman. She may be able to point us in the right direction. Its very possible that depending on the contract news JE would make a decision and quite frankly could make that decision anytime thereafter, but without the ability to trade effectively or at all this point it begs to ask the question of the fiduciary responsibility of the CFO to act on behalf of what is in the best interest of the company and its shareholders not one shareholder or as stated before not majority shareholder. Can a case be made of intentional or unintentional delinquency of filing exonerate the CFO to show favor for majority owner. Follow the paper trail and one could definitely connect Santiago and Head back to Johan B. and I think the other large Share Holders would jump all over that if this goes south for the shareholders. What makes this a unique situation is the financial clout on both sides, a US government contract that could make everyone whole and prosperous....would be great if the Johans see this and come to understanding if one has not already taken place for a prosperous entity to unfold for years to come!
News 
Market Data 
Discover 
AI
