Stellar and Gas properties of High HI Mass-to-Light Ratio Galaxies in   the Local Universe
  We present a multi-wavelength study (BVRI band photometry and HI line interferometry) of nine late-type galaxies selected from the HIPASS Bright Galaxy Catalog on the basis of apparently high HI mass-to-light ratios (3 M_sun/L_sun < M_HI/L_B < 27 M_sun/L_sun). We found that most of the original estimates for M_HI/L_B based on available photographic magnitudes in the literature were too high, and conclude that genuine high HI mass-to-light ratio (>5 M_sun/L_sun) galaxies are rare in the Local Universe. Extreme high M_HI/L_B galaxies like ESO215-G?009 appear to have formed only the minimum number of stars necessary to maintain the stability of their HI disks, and could possibly be used to constrain galaxy formation models. They may to have been forming stars at a low, constant rate over their lifetimes. The best examples all have highly extended HI disks, are spatially isolated, and have normal baryonic content for their total masses but are deficent in stars. This suggests that high M_HI/L_B galaxies are not lacking the baryons to create stars, but are underluminous as they lack either the internal or external stimulation for more extensive star formation. 
Bradley E. Warren (RSAA), Helmut Jerjen (RSAA), Baerbel S. Koribalski   (ATNF)