Deep Blue Marine (DPBE)

[Gregory_]

It seems I did not make a clear statement.

If you buy into a shell and the float and o/s allows old shareholders to gain a good grip (in the case of DPBM close to 50% or more of the ownership), a new company buying the shell will be forced to R/S it and increase the a/s until you have nothing.

It seems to me the best shell plays are those with low floats or o/s (~5-15% of the total a/s). This leaves the new company less likely to hit the stock with a 1:1000 R/S and a 500% increase in a/s before they initiate new operations. To put that into perspective, if someone did the above with DPBM, the current float (~250 million shares) would only be 1/10 of a percentage (0.1%) of the new company.

I'm not saying DPBM fits into this category as I'm reluctant to even attempt to foretell where the pink sheet stock will sit after the supposed AMEX buy. However, I'd be curious to hear what others believe it will be.

Dormant shells board:
http://investorshub.advfn.com/boards/board.asp?board_id=9916