Carbon Energy Corporation (CRBO)

[RonZlats]

Hello Ronnie,
My stocks do have very low outstanding share counts, it's the only way to value a company if someone were to take one over. The other thing that I look for is no dilutive stock options or converting debt. Thus, when you buy shares, you know your percentage ownership won't change much over night. Basically, market caps of less than $10 million.

I've found it hard to find profitable companies at that level, though there are a few. So, a couple of these shells look interesting now.

I don't know anything more than anyone else on this one. I just liked the fact that the options were exercised at nearly double the price of the stock, meaning, there is some confidence in what is going on here.

I'll look at ZNNC for sure... I also filed a 13D on BMLS as well yesterday. Always looking for a turn around.