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The following discussion and analysis of the Company s financial condition and results of operations should be read in conjunction with our audited consolidated financial statements and the notes. | March 31, 2023

United statesMarshall islandsStavros galanakisKonstantinos galanakisInternational chamberElvictor group incMost of the companyOur companyFinancial statementsLooking statementsUltra shipmanagementDet norske veritasInterim documentAccounting policiesCash equivalentsPer share