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TheStreet Open House

Paragon's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Paragon Shipping Inc. (PRGN)

Q2 2012 Results Earnings Call

August 23, 2012 9:00 AM ET

Executives

Rudy Barrio - Allen & Caron, IR

Anastassis Gabrielides - Attorney

Michael Bodouroglou - Chairman and CEO

Analysts

Noah Parquette - Global Hunter Securities

Presentation

Operator

Good morning. And welcome to the Paragon Shipping Second Quarter 2012 Conference Call. All participants will be in a listen-only mode. (Operator Instructions) After today’s presentation there will be an opportunity to ask questions. (Operator Instructions)

Please note this event is being recorded. I would now like to turn the conference over to Rudy Barrio of Allen & Caron, Investor Relations. Please go ahead.

Rudy Barrio

Thank you, Emily. Good day, everyone. And welcome to Paragon Shipping’s investor conference call to discuss its financial results for the company’s second quarter ended June 30, 2012. Presenting this morning is [Anastassis Gabrielides] of Paragon Shipping.

Before we start the call there are couple of items I would like to cover. Many of you received a copy of Paragon Shipping’s earnings result press release. It was disseminated earlier today.

If you did not receive a copy of the press release it is posted on Paragon Shipping’s website at www.paragonship.com and the Investor Relations section of our website at www.allencaron.com. It is also posted on Yahoo! Finance and most financial sites. You may also call our office in New York at 212-691-8087 and we will email it to you.

As mentioned earlier, this call is being recorded. A replay will be available shortly after the call for eight days and maybe access from North America by calling 877-344-7529 and entering passcode 10017773. International callers should dial 412-317-0088. This call is also being broadcast live over the internet and maybe accessed via Paragon Shipping’s website. A replay of the webcast will be available shortly after the call and will continue for eight days as well.

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