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by Stockwatch Business Reporter

The TSX Venture Exchange lost 4.32 points to 785.19 Monday. Pat DiCapo and David D'Onofrio have filed a preliminary prospectus to list their fourth capital pool shell, POCML 4 Inc. The shell's awkward name comes from the initials of Mr. DiCapo's Toronto merchant bank, PowerOne Capital Markets Ltd. The shell plans to sell a $200,000 initial public offering at 10 cents, through Industrial Alliance Securities Inc.

POCML 4 has eight million escrowed shares, which it sold at five cents last month. Mr. DiCapo, a lawyer, holds seven million of the escrowed shares. His PowerOne Capital has been around since 2003 and has served as a finder to more than a hundred public companies. Mr. DiCapo sits on the board of one public company, Firm Capital American Realty Partners Corp. (FCA: $6.76), a Toronto-based real estate investment firm focusing on U.S. assets.

Mr. DiCapo has been the largest shareholder and a director of every PowerOne shell. Meanwhile, Mr. D'Onofrio has been the chief executive officer, the chief financial officer, the secretary and a director of each one. Mr. D'Onofrio is an accountant and the CFO of PowerOne Capital. He is also the president of a Yukon gold explorer, White Gold Corp. (WGO: $1.44). He holds 700,000 escrowed shares of POCML 4.

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