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EXCEL MARITIME CARR Message Board

  • markfin2 markfin2 Feb 18, 2013 8:57 AM Flag

    Financials

    This was lost in the chatter from last week...
    Talked to Investor Relations rep fro EXM that is located in NY. Asked about release of financials.....he said that they are not required to file quarterly because they are a foreign corporation. They are required to file semi annual and annual reports. A Form 20F (10K) annual repaort is due in June for the FY2012. Nothing required until then. Says they are working hard to restructure a deal with the banks. Operations are continuing... Not much else to say other then he was helpful and answered all my questions.

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    • So you talked to Capital Link, maybe Niki, and he told you basically nothing. No, they were never REQUIRED to file quarterly but they DID. Then they just stopped. Without telling shareholders. Typical of these smarmy Greek shipowners. Their disdain for shareholders is legendary.

      "Operations are continuing"? What kind of stupid comment is that? REALLY? You mean you didn't just STOP doing business? Wow. That's rich.

 
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