Marathon Acquisition Corp: Is No One Else as Pumped as We Are??

Mike, Mike, Mike...You kept us hanging all the way up until your 18 month deadline, then teased us at the 11th hour with a vague press release telling us all about how, damn it, you are gonna make this thing happen (even though you couldn't tell us anything about it)...

Now, you tell us that you're going to buy 17 ships, but not cool ships like cruise ships or cigarette boats, but lame, albeit cash cow, container ships for a billion bucks? Sigh.

Says Michael Gross, “Our stated investment goal when we founded Marathon was to extensively evaluate a full array of investment opportunities and identify the one that would provide investors with superior growth potential”

We'll see if the market agrees. You've got until August 30th to convince shareholders (yes the same ones who pushed trading to slightly below trust value after he announcement) to do the deal.

Here's the press release and roadshow presentation