DelSite, Inc. (fka DSIIQ)

[Stock]

DelSite, Inc. (DSIIQ) (CIK No. 718007), is a Texas corporation located in Irving, Texas, with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g).

DSIIQ is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 10-Q for the period ended September 30, 2008, which reported a net loss of $4,533,000 for the prior nine months.

On April 2, 2009, DSIIQ filed a Chapter 7 petition in the U.S. Bankruptcy Court for the Northern District of Texas, which was closed on March 12, 2012. As of July 9, 2012, the common stock of DSIIQ was quoted on OTC Link, had six market makers, and was eligible for the “piggyback” exception of Exchange Act Rule 15c2-11(f)(3).

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V. ORDER

IT IS ORDERED that, pursuant to Section 12(j) of the Securities Exchange Act of 1934, 15 U.S.C. § 78l(j):

the REGISTRATION of the registered securities of and DelSite, Inc., is REVOKED.

[Renee]

DSIIQ SEC Suspension:

http://www.sec.gov/litigation/suspensions/2012/34-67417.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2012/34-67417-o.pdf

ADMIN Proceeding:

http://www.sec.gov/litigation/admin/2012/34-67418.pdf

[Enterprising Investor]

Chapter 7 Trustee's Report of No Distribution (2/09/12)

I, Robert Yaquinto, Jr., having been appointed trustee in the estate of the above-named debtor(s) report I collected funds totaling Funds Collected: $ 1142888.03. After making diligent inquiry into the financial affairs of the debtor(s) and the location of the property belonging to the estate, I have determined that there are insufficient assets to administer. All funds have been returned. All bank statements and canceled checks, if any, have been submitted to the United States Trustee. The bank statements reflect a final zero balance and no other funds or assets of the estate remain in my custody. Pursuant to Fed R Bank P 5009, I hereby certify that the estate of the above-named debtor(s) has been fully administered. I request that I be discharged from any further duties as trustee. Meeting held and concluded. Key information about this case as reported in schedules filed by the debtor(s) or otherwise found in the case record: This case was pending for 35 months. Assets Abandoned: $ 31347609.78, Assets Exempt: Not Available, Claims Scheduled: $ 15708429.42, Claims Asserted: Not Applicable, Claims scheduled to be discharged without payment: $ 15708429.42. (Yaquinto, Robert)

[Enterprising Investor]

Yaquinto is close to wrapping things up.

Filing Date Docket Docket Text

12/16/2011 181 Amended Order granting trustee's motion for payment of reasonable and necessary fees and expenses and forauthority to disbribution balance of funds to secured creditors. (related document # 167) Entered on 12/16/2011. (Blanco, J.)

12/21/2011 182 Certificate of service re: Amended Order Allowing Trustee's Application Pursuant to 11 u.S.C. §326 and 11 U.S.C. §506(c) for Payment of reasonable and Necessary Fees and Expenses and for Authority to Distribute Balance of Funds to Secured Creditor Pursuant to 11 U.S.C.§502 and §506(c) filed by Trustee Robert Yaquinto Jr. (RE: related document(s)181 Order (generic)). (Yaquinto, Robert)

Source: PACER

[Estrella]

DSIIQ @ .0038!

[Enterprising Investor]

DSIIQ hits $.0038

[Estrella]

DSIIQ @ .0038!

[Estrella]

DSIIQ @ .0035, paper thin!

[Estrella]

DSIIQ @ .004!

[Estrella]

DSIIQ @ .0006!

[Estrella]

DSIIQ @ .0059!

[ash111]

more vol coming,.0044

[stockchaser]

So....You in this one or just DD'ing?

[Enterprising Investor]

Robert Yaquinto, Jr is trustee in PFOB case.

[stockchaser]

I made a decision to stalk you on IHUB. What is story here? Is it positive? Is this one coming out of Bankruptcy as ive seen that Robert Paquiano dude before somewhere and he seems to have ability to get stock out of bankruptcy and alive again i believe.

[56Chevy]

Trustee currently holds $359,951.76 (6/10/11).

That would equate to .03 @ share!

[Enterprising Investor]

Order Granting Trustee's Motion to Compromose Controversy (7/18/11)

Trustee, is authorized to pay The Busby Family Trust and the Juice Trust (“Landlord”) the sum of $34,000 in full and final satisfaction of the amount claimed by Landlord to be due it for damages and sale of assets that it alleges were components of the building or heating or electrical improvements, as described in the motion.

Source: PACER (Docket 159)

[Enterprising Investor]

Trustee currently holds $359,951.76 (6/10/11).

Source: PACER (Docket 158)

[Enterprising Investor]

Shares traded represents 11 percent of shares outstanding (8/10/11).

DELSITE INC (Other OTC: DSIIQ.PK )
Last Trade: 0.0047
Trade Time: 3:54PM EDT
Change: 0.0037 (370.00%)
Day's Range: 0.0029 - 0.0050
Volume: 1,239,109

The number of shares of the registrant’s common stock outstanding as of November 11, 2008, was 11,169,241.

[Da Ghost]

DSIIQ



Any thoughts here ??


TIA





Take

[Estrella]

DSIIQ @ .005!

[Estrella]

DSIIQ @ .0047!

[Estrella]

DSIIQ @ .0029!

[kid biscuit]

Are you sure of this info? is there a number where this can be verified? before I buy any shares back. Thanks.

[kid biscuit]

Whats the date of the hearing?

[kid biscuit]

So has delsite taken 3 years to get to bankruptcy court after filing. If I were the chinese I d be there fighting for those patents at pocket change. Delsite spent 50,000,000 dollars and decades bringing those to fruition only to have the banking collapse hit them when they were ready to start clinical trials. I lost ever penny I put into this company. Ouch!

[specul8r]

could get a nice move here..just needs a little vol

[Estrella]

DSIIQ @ .0095!

[Estrella]

DSIIQ @ .0025!

[$tockfather]

Q stocks have been hot for more than just a day or two... Thse plays are highly risky with major swings. Just look at all the Q plays lately that have been soaring, you never know what can happen with these low floater Q plays. I wouldn't count DSIIQ done just yet, it could have another push very soon, keeping a close eye on this and many other Q's at the moment.jmho


Many thought CGSYQ was done when it ran to .0035 and fell to .001, now look at it.

CGSYQ 1 month chart....

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24stb=Type+in+a+ticker+or+keyword%28s%29...&symbol=USOTC%3ACGSYQ&s_ok=Get+Chart&period=1&drawmode=2&size=19&volume=1


DSIIQ 1 month chart look familiar???

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24stb=Type+in+a+ticker+or+keyword%28s%29...&symbol=USOTC%3ADSIIQ&s_ok=Get+Chart&period=1&drawmode=2&size=19&volume=1


BUTLQ 1 month chart, crazy swings with some of these Q's

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24stb=Type+in+a+ticker+or+keyword%28s%29...&symbol=USOTC%3ABUTLQ&s_ok=Get+Chart&period=1&drawmode=2&size=19&volume=1


GACFQ 1 monthe chart.....

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24stb=Type+in+a+ticker+or+keyword%28s%29...&symbol=USOTC%3AGACFQ&s_ok=Get+Chart&period=1&drawmode=2&size=19&volume=1

Perhaps one of these Q plays will become the next QSGIQ? You just never know

[MountainHiker]

It is a "Q" stock and they were all being pumped yesterday.

Not QSGIQ. It was being totally destroyed yesterday by the usual flippers and parasites that always seem to show up with tons of attitude and hindsight knowledge about how they knew it was going to tank after a stock has peaked.

I believe something with this stock happened in court yesterday and it caused all of the excitement, however, I have not taken the time to verify it as I sold most all of the few free shares I had been riding for months. One thing I've learned about these penny stocks is I need to strike when the iron is hot, and it was smoking hot yesterday.

I still have 5,000 shares left, nothing to get excited about unless this does something incredible and not enough to take much of a loss.

I'm sorry for those who may have gotten in much higher and can't get out without a big loss. Wish I could offer some insights into what happened here yesterday but I cannot.

[retireat40]

It is a "Q" stock and they were all being pumped yesterday. This is right back down to .006 today. Buyers above .015 yesterday are the new bagholders.

[MountainHiker]

I didn't notice any pumpers yesterday.

I asked several times if anyone knew of any reasons why this was moving at all and my inquiry was met with a resounding silence. I think everyone was just flat out surprised to see any movement, let alone the blast-off this saw.

[premyw]

Wasn't a whole lot of pumping yesterday. There is still some bounce left for a little more of the good old in out routine. I got back in @.007

[retireat40]

Guess all the pumpers here bailed yesterday...009x0095

[MountainHiker]

Okay...not sure what the estate money means in all of this. Is that why this went up over 1,000% today?

I dumped most all of my paltry holdings. Should I have held for a better payday?

[Enterprising Investor]

Individual Estate Property Record and Report (9/30/10)

It appears there were $1,135,577.76 Sales/Funds Received by the Estate. This may not mean there is cash available for distribution to shareholders or a Chapter 11 conversion opportunity.

Current Projected Date of Final Report: 1/31/11 (late)

[MountainHiker]

Yeah, a somewhat killing. I only have 25,000 shares. So it's a nice profit, but not quite a life-changer for me. Someone is making out nicely though for a stock that has done nothing for months.

[Bobwill59]

My God you guys are making a killing. Up 2,000%. Who do you guys know. Great stock.

goforit

[Liveingreenbay]

Whats with this stock???

[Estrella]

DSIIQ @ .025!

[Enterprising Investor]

Robert Yaquinto, Jr is the Chapter 7 Trustee.

Case is being heard in the Northern District of Texas. Judge Stacey G. Jernigan is presiding.

[Estrella]

DSIIQ @ .02!

[Estrella]

DSIIQ @ .0175!

[WALL STREET KID]

My broker does (realtime) it but for one reason or another this stock does not come up at all for online trading so it looks like I'm sitting on the sidelines on this one for the time being but will keep an eye on it

[WALL STREET KID]

I'm sure BMO Investorline (broker I use) is not the only broker that does not trade this stock (DSIIQ) online yet and it still looks like it's not really on anyones radar yet. Congrats to all the early birds looks like the momo is just getting started. Wish I could play this one looks like a good swing or momo play

[ash111]

11M O/S WAS OVER 3$

[MountainHiker]

Does anyone know why this is moving? Reverse merge? Any reason other than speculation?