Shell Stocks

[KetelOne]

There are plenty of smart people on this board and I was hoping some may be able to give a little insight in to a shell I have been looking at for some time. DIGSQ, last price .01, last known o/s 11,064,000 http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=digsq


Back in June of 2008 DIGSQ released a slew of 10Q's and 10K's, an apparent attempt to regain complaince for... some reason.

Form Type Received Period Ending Size
10KSB Jun 26, 2008 Mar 31, 2008 248.8 KB
10QSB Jun 26, 2008 Dec 31, 2007 122.8 KB
10QSB Jun 26, 2008 Sept 30, 2007 122.9 KB
10QSB Jun 26, 2008 Jun 30, 2007 122.9 KB
10KSB Jun 26, 2008 Mar 31, 2007 249.0 KB
10QSB Jun 26, 2008 Dec 31, 2006 122.8 KB
10QSB Jun 26, 2008 Sept 30, 2006 122.8 KB
10QSB Jun 26, 2008 Jun 30, 2006 122.8 KB
10KSB Jun 26, 2008 Mar 31, 2006 244.2 KB
10QSB Jun 26, 2008 Dec 31, 2005 122.8 KB


Then, back in December 2009 they were profiled by The Shell King, with this blast:

Hello everyone. DIGSQ .004 is a pink shell that did a bunch of filings to go to the OTCBB a little while back. I spoke previous owner not too long ago and he told me that he sold it but he didnt want to give me any non public info until it came out via filings. This should be a good one and has 11.5 mil OS with virtually no debt per the filings. The Q should come off one day and be on the OTCBB. There were some merger documents on the DE SOS for The Cap One Group or something like that this year. I believe its a NY Company.

Once they are ready to put ther merger news out they will probably do all the up to date filings to 2009 and it will roll.imo

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This stock if of interest to me because

a. I always have a few shells in my account, including DIGSQ presently
b. It must have the lowest trading float of any stock I have even seen. A single 5000 share trade usually ticks it up/down


Thanks, and happy trading!