Interactive Brokers Advertisement
Home > Boards > Free Zone > Penny Fundamentals >

DD Support Board and Fraud Research Team

RSS Feed
      Hide Sticky   Hide Intro
Moderator: nodummy Assistants: scion, janice shell, Renee, integral, BigBake1, 1manband
Search This Board: 
Last Post: 11/23/2017 5:18:03 PM - Followers: 2044 - Board type: Free - Posts Today: 7

DD Support Board and Fraud Research Forum

This forum is a place for ALL to share and build research and due diligence.

This is not a forum for recommending stocks to buy or sell.  It is for information sharing only.

Please do not use this forum to promote stocks.

Feel free to build on the research already done by others or to present fresh new research.


Please start all informational posts with the ticker symbol of the stock.


We have done lots of research on lots of different stocks. 

A good tool for people to use is the search feature using the ticker symbol of the company for which you are interested.  If you own a free IHUB account and you are unable to use the search feature just ask in a message if any past research was done on a specific ticker and somebody will be happy to supply you with the links to some of the past research posts.


A few simple rules to follow:

1: You cannot discuss other posters or try to attack them. TOU still is applied here.

2: BRING FACTS. No flame wars. Be mature and respect the DD that is done regardless of what you think of it.

3: We do not give advice for buying or selling the stock you are interested in. We only find information that pertains to the company and/or it's executives

4: If you ask for some DD on a company, don't expect a rose garden of an answer. Not going to happen.

5: Off topic is okay...TO A CERTAIN respectful, it's not that hard to do.

Important links:

Another place to read some of nodummy's research:

Great Forum for Litigation and Court Docket updates not posted on this board:

SEC trading suspensions:

SEC press releases:

SEC administration proceedings:

SEC litigation releases:

Most recent SEC flings:

Recent OTC filings:

OTC Corporate Actions- Other OTC Suspension/Halts

Prohibitied Attorneys

Secretary of State Search (site provides links to all states)

Process of Listing On the OTCBB

Great Website for basic information about the laws surrounding penny stocks


Stock Dilution Scam:

A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme.

Pump and Dump Schemes:

"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.

Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.


The key is understanding

The key is understanding that pink sheet stocks are not investments - 99% of them will lose value over the long run and never accomplish most of their forward looking pumping statements they put in press releases or on their websites. Never believe the hype - always be skeptical of everything you hear.

The people mostly making money with pink sheet stocks are promoters, front loading pumpers with big followings they can dump on, crooks, some of the flippers, and sometimes the very lucky.

Pumpers only tell you to buy stocks that they already own. Pumpers only tell you to hold stocks because they want to make sure you hold longer than them.

They make money by pumping the stock and getting other people to buy then dumping their shares on the followers.

If you really want to take the risk of trying to make money trading pink sheet companies then you have to understand how the game works and never ever hold long term - take profits when you can. Pump and Dumps dominate the IHUB forums.

Trading pink sheet stocks is a sick game full of lies and deceit where people take advantage of the inexperienced and naive stealing away their life savings for their own personal gains.

Very little respect or morals exist in stinky pinky land.


The Consequences of an SEC Suspension:

As of September 21, 2012 :
From January 2010 until today there have been a total of 1116 SEC Suspensions where ALL 1116 stocks were reinstated on the Grey Sheets after the ten day SEC Suspension ended.

Of the 1116 SEC Suspended stocks since January 2010 645 Registrations have been revoked.

The remaining 471 stocks are on the Grey Sheets (or still in the ten day SEC Suspension within the last ten days) and not one has made it off the Grey Sheets back to quotation by any Market Maker.

In case anyone asks what the chances are for their holy grail stock to get off the Grey Sheets.

All 1116 Suspensions and 645 revocations are listed with direct links to the SEC actions:


Disclaimer:  All statements made on this forum are the opinion of the author of the post.  Please try to back up all statements with as much evidence to support your opinion as possible.



Interactive Brokers Advertisement
#124122  Sticky Note Complete list of SEC suspended stocks from January Renee 07/31/17 05:27:57 PM
#118911  Sticky Note Between 7:00 am Monday and 4:00 pm Friday nodummy 03/10/17 05:14:24 PM
#61367  Sticky Note The NSCC SBP BigBake1 03/02/14 01:59:24 PM
#50717  Sticky Note iHub DD forums regarding specific 504 and floorless Cassandra 09/14/13 08:15:59 PM
#22177  Sticky Note Non DTCC BigBake1 02/14/12 08:54:48 PM
#129506   Infant reportedly dies from marijuana overdose in Colorado e-ore 11/23/17 05:18:03 PM
#129505   14. Is it legal, in interstate commerce, to Arthur 11/23/17 05:14:12 PM
#129504   How about the number of forward looking 8K's surfkast 11/23/17 12:01:03 PM
#129503   Nate likes that number 22,000. It appears in KittP 11/23/17 11:48:22 AM
#129502   LOL! Nate the Great scammer is with Wade surfkast 11/23/17 10:15:22 AM
#129501   I’ve found many times that instead of making e-ore 11/23/17 08:54:19 AM
#129500   It's almost like they're tempting the SEC to loanranger 11/23/17 08:00:18 AM
#129499   The filings and the facts show nothing of fozzie1964 11/22/17 11:17:26 PM
#129498   Facts and SEC filings show Nate is gone surfkast 11/22/17 07:47:15 PM
#129497   I totally agree that Wade is a royal fozzie1964 11/22/17 06:35:53 PM
#129496   Nate, Wade and all backers are scamming liars. surfkast 11/22/17 06:15:30 PM
#129495   Unfounded hope by posters. fozzie1964 11/22/17 05:54:41 PM
#129494   I'm sure plenty of subpoenas were sent. janice shell 11/22/17 02:51:51 PM
#129493   Oh NOOOOOOOOOO!!! What will people do without janice shell 11/22/17 02:50:10 PM
#129492   NDYN - they bought the energy shots from nodummy 11/22/17 02:24:16 PM
#129491   The entire criminal enterprise should have the DOJ surfkast 11/22/17 01:56:42 PM
#129490   NDYN - At least to date Wade has nodummy 11/22/17 01:50:14 PM
#129489   Same scams. Same scammers and the SEC has surfkast 11/22/17 01:30:06 PM
#129488   BCSC is a joke. cayman_west 11/22/17 01:27:58 PM
#129487   So NDYN is being set-up to become the nodummy 11/22/17 01:03:14 PM
#129486   Where was the SEC subpoenas in this case? IPO$ 11/22/17 10:37:05 AM
#129485   B.C. government denounces B.C. Securities Commission dismal penalty 1manband 11/22/17 10:29:26 AM
#129484   Joseph Wade Mezey/Nate Steck giving upon pancake insulation surfkast 11/22/17 09:56:54 AM
#129483   Pretty outrageous, thanks. HaroldZoid 11/22/17 09:23:52 AM
#129482   The Daily Short Volume Report scion 11/22/17 04:00:05 AM
#129481   Pacer update 03 Oct 16 - USA v. scion 11/22/17 03:42:47 AM
#129480   Was Dwayne Bigelow ever sentenced? yellowsubmarine90210 11/21/17 07:49:45 PM
#129479   The whole list is a who's who of Huggy Bear 11/21/17 06:55:00 PM
#129478   No, Cameron Linton, the lawyer. janice shell 11/21/17 04:31:12 PM
#129477   Bo? Linton TenKay 11/21/17 04:29:14 PM
#129476   Thanks. I do remember the Linton case... janice shell 11/21/17 03:02:51 PM
#129475   SEC Action on Wrap Around Agreements – Debt stockmasterflash 11/21/17 03:00:10 PM
#129474   The whole 3(a)(10) transaction thing is on a janice shell 11/21/17 02:50:59 PM
#129473   Interesting. And SIML was one of the janice shell 11/21/17 02:38:53 PM
#129472   Not only are many of those buyers JSJ copanies stockmasterflash 11/21/17 12:35:51 PM
#129471   NTEK scam formally asking folks to set aside Hattori Hanzo 11/21/17 12:25:14 PM
#129470   RAKR - don't forget the part from the nodummy 11/21/17 12:25:00 PM
#129469   The difference is that after Samuel Oshana got nodummy 11/21/17 12:16:28 PM
#129468   More EFLN "forward looking" but beyond hilarious (add rbtree 11/21/17 11:19:33 AM
#129467   Pacer update 07 Nov 17 - USA v. scion 11/21/17 08:02:58 AM
#129466   Scott Sand used to do that when he stockmasterflash 11/21/17 06:01:24 AM
#129465   It sounds very much like what Samuel Oshana janice shell 11/20/17 11:52:08 PM
#129464   Got it, thank you! UpOrDown 11/20/17 11:50:44 PM
#129463   No, it was not entirely beyond the companies' janice shell 11/20/17 11:47:16 PM
#129462   Is this good news or bad news for UpOrDown 11/20/17 11:32:41 PM
#129461   And who the SEC's target bought the debt from. janice shell 11/20/17 07:52:49 PM
#129460   Me too. Like how many shares gitreal 11/20/17 07:45:40 PM
#129459   It's a great little group of companies. janice shell 11/20/17 07:34:58 PM
#129458   Two of my favorites - MNGG and CJTF gitreal 11/20/17 07:33:29 PM
#129457   14. Between January 2013 and July 2016, Defendants scion 11/20/17 06:07:45 PM