UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2018

Commission File Number: 333-191564

BOSTON CARRIERS, INC.

(Name of Registrant)

18 Poseidonos Ave., Athens 17674 Greece

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X]   Form 40-F [ ]

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]

 

 

 

Copies to:

Marc J. Ross, Esq.

Sichenzia Ross Ference Kesner LLP

1185 Avenue of the Americas, 37 th Floor

New York, New York 10036

Telephone: (212) 930-9700

 
 

 

BOSTON CARRIERS, INC.

 

On January 10, 2018, Boston Carriers, Inc. (the “ Company ”) issued a press release in which it announced that it entered into a contract to acquire a vessel (the “ Press Release ”). A copy of the Press Release is attached as an exhibit to this report on Form 6-K. This report on Form 6-K (including the exhibits hereto) shall not be deemed “filed” for the purposes of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

The Company currently has 1,099,678,521 shares of common stock issued and outstanding, of which 929,921,832 are restricted shares. The remaining balance of 169,756,689 shares is not subject to Rule 144 or other trading restrictions.

 

The Company files reports on Form 6-K with the US Securities and Exchange Commission (SEC) pursuant to the requirements of the Securities Exchange Act of 1934, as amended. The SEC reports of the Company are available to the public over the internet at the SEC’s website at www.sec.gov and from the SEC’s Public Reference Room at 100 F Street, N.E., Washington, D.C. 20549 (telephone 1-800-SEC-0330).

 

Forward-looking statements

This Form 6-K and the information incorporated by reference in this Form 6-K include statements that constitute forward-looking statements. In addition, in the future the Company and others on its behalf may make statements that constitute forward-looking statements. When evaluating forward-looking statements, you should carefully consider the cautionary statement regarding forward-looking information, the risk factors and other information set forth in the Company’s reports on Form 6-K furnished to or filed with the SEC, and other uncertainties and events.

 

No Offer to Sell Securities

The attached information is not an offer to sell or a solicitation of an offer to purchase any security in the United States or elsewhere and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful. No securities may be offered or sold within the United States or to U.S. persons absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from any issuer of such securities and that will contain detailed information about us.

 

 

EXHIBITS

 

Exhibit Number

 

 

Description

99.1 Press Release dated January 10, 2018, issued by Boston Carriers, Inc.

 

99.2 Form of Bareboat Charter Contract
 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  BOSTON CARRIERS, INC.
   
Date:  January 10, 2018 By:  /s/ ANTONIOS BERTSOS
  Antonios Bertsos
  Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

 

Boston Carriers Inc. Announces Today entry into bareboat charter contract to acquire a vessel.

ATHENS, Greece, January 10, 2018 /PRNewswire/ --

Boston Carriers Inc. (OTC: BSTN) ("Boston" or the "Company") announces that in December 2017 it entered into a contract to acquire a 46K dwt dry bulk carrier, 1996 built. Boston will provide a down payment of 500,000 usd together with the issuance 10,000,000 shares of common stock restricted for four years at a price of 0.05 usd per share prior to delivery of the vessel. Boston will pay 2,191 usd per day for a period of five years during for having full use of the vessel. After the end the payment schedule the vessel will be fully owned by Boston without any further payment.

Mr. Antonios Bertsos, Chairman and Chief Executive Officer, stated "Boston's short term employment strategy allows the Company to capture any potential upside that arise in the dry bulk market."

Mr. Antonios Bertsos added, "We believe in the dry bulk sector and will attempt to continue to grow our fleet with additional dry bulk Handysize-Handymax vessels." 

About Boston Carriers Inc.  

Boston Carriers Inc. is an international shipping company providing ideal solutions for seaborne transportation of dry bulk commodities through owned vessels.  Read more   about   Boston Carriers Inc. -  http://www.bostoncarriers.com .

Safe Harbor Statement  

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Boston may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Boston's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks will be included in our annual report on Form 20-F and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and Boston does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor and Media Relations:  
Antonios Bertsos 
Boston Carriers Inc.
Email: info@bostoncarriers.com