Obocon Inc. (OBCN)

[DWillie]

Depends what they're issued for and the terms of such. Owners of shell companies can't sell restricted shares until 1 year after ceasing shell status. Acquisitions typically have at least a 4 month lockout period before the seller can sell. Convertible debenture financing could probably start selling right away, but that would mean there's a legit company behind it that someone is willing to finance. And if there is a legit company, probably a holding company with many subsidiaries in this case, then dilution is all relative to their value.

CLSI will likely issue shares for acquisitions in the future. That's pretty much a given, it's in their mission statement. Not much other reason to go public. Shareholder equity is quite valuable. It just comes down to do the acquisitions accrete or dilute shareholder value? Most likely, they add revenue and increase shareholder value.