Replies to post #10589 on Blue Water Global Group Inc fka BLUU

[Craig305]

I don't think the takeover company is going to wipe out the shareholders. I believe someone affiliated with them acquired all the available 1s before the news came out. There was some big loading happening before the PR.
They want to make some $$.

The company also prides themselves with their reputation. There is nothing better than being able to say you had successfully taken a company(ies) through bankruptcy while protecting shareholder interest.

[Jagman5]

1. When they bought there was no volume. None, period. So nothing to maintain.

2. This company makes its money selling the control block to a new owner, not by issuing shares.