Some selective case filings and public court records...
screen shots follow...These are not meant to be all inclusive, but indicative...
My Pitch since Oct, 2012: "Be careful. The due diligence does not support many of the company's past statements. May be some fire to the smoke; CEO truly wants to build a maritime company, by hook or ... Watch for solid announcements / PR's. Discount & ignore 100% any "forward looking" PR. Lookout for legal horseplay."
Shareholders have a moral and legal obligation to hold management accountable for their actions as it affects the shareholders basis in ownership of the company