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Euroseas, Ltd. Message Board

  • acebear01 acebear01 Mar 28, 2013 3:11 PM Flag

    sdwyer26.

    I don't take issues with my posts as disrespect....only personal attacks. I'm no a lawyer (thank God), so the compplex issue of WHO actually holds the SHIP TITLES and how that asset is "protected" isn't at all clear to me from Euroseas web-site. For one thing, Euromar LLC suddenly appears on the first page...and LLC's can't float stock odr be sued as easily as corporations.

    What really worries me is the "Investor Relations" section where Eroseas states that they have "no material asserts" other than the stock certificates of it's subsideraries. What that means in terms of ship ownership...only a lawyer could answer. All I know is....if the dividend goes down again or is stopped altogeather....this stock is going DOWN.

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    • The same is true for any holding company. Take YUM for example. Or AMR Corp (before the merger). The assets are owned by subsidiaries. Subsidiaries are owned by a parent company. The parent owns a percentage of the assets based on its ownership percent.
      I hope you take time to understand how a business works before investing.
      And you shouldn't keep opening new threads to discuss the same topic. It is frustrating for everyone.

 
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