DC300 this looks like the took the mold for the driving iron/hyrid things that DeChambeau wanted made and sold it off as a wedge
I watched their full infomercial and the design actually has some good points. Something they don't show much of is using it for pitch shots away from the green. All of their shots are on or near the fringe. I think in general people have more trouble from 10 - 30 yards out than they do chipping from the fringe. I don't know if the Squarestrike was designed for that distance.