the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Wednesday, May 17, 2006

[DIGG]: What is wrong with this picture?

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1. DIGG issues a press release today regarding the addition of an executive, Mr. Paul McConnell to one of its subsidiaries:

http://snipurl.com/qlpy


2. The following statement is made in the press release regarding Mr. McConnell's background:

"Mr. McConnell currently runs his own engineering and consulting companies, McConnell Engineering and McConnell Consulting Inc. of Lansing, Michigan."


3. What is wrong with this picture?


4. A simple check in the Michigan corporation website reveals that McConnell Engineering and McConnell Consulting, Inc. were DISSOLVED in 2002 (http://snipurl.com/qlq5) and 2004 (http://snipurl.com/qlq7), respectively.


5. In addition, the name of the recent employer of Mr. McConnell is not mentioned in the press release, whatsoever.


6. What is wrong with this picture?


7. In order to find the name of the recent employer of Mr. McConnell, one has to look no further than this blog in another review of DIGG.



details to follow




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