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DD Support Board and Fraud Research Team

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Moderator: nodummy Assistants: scion, janice shell, Renee, integral, BigBake1, 1manband
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Last Post: 4/30/2017 10:05:41 PM - Followers: 1958 - Board type: Free - Posts Today: 12

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.



#118911  Sticky Note Between 7:00 am Monday and 4:00 pm Friday nodummy 03/10/17 05:14:24 PM
#116345  Sticky Note Complete list of SEC suspended stocks from January Renee 01/01/17 05:31:11 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
#120838   That doesn't make any sense to me. janice shell 04/30/17 10:05:41 PM
#120837   Filings are not current, apparently his attorney said frenchy 04/30/17 09:59:50 PM
#120836   Oh yes. That stuff always goose the janice shell 04/30/17 09:36:22 PM
#120835   Oh I know. It would be good pr penknee 04/30/17 09:34:07 PM
#120834   Well, if he has the wit to see janice shell 04/30/17 09:25:32 PM
#120833   He probably doesn't want to lose his life penknee 04/30/17 09:23:06 PM
#120832   What's stopping him from buying stock?? janice shell 04/30/17 09:11:01 PM
#120831   That's a good one. I remember looking at penknee 04/30/17 09:07:41 PM
#120830   NSAV Another MJ to add to your list frenchy 04/30/17 07:33:03 PM
#120829   Anyone remember Joe Poe the broker from Oklahoma? janice shell 04/30/17 05:38:59 PM
#120828   The symbols- no BAYP? bearspread 04/30/17 03:50:19 PM
#120826   I'm no lawyer either... But it seems to tdbowieknife 04/29/17 10:53:03 PM
#120825   I'm not a lawyer, of course, but I've janice shell 04/29/17 08:58:38 PM
#120824   So I have a kwestshun for/four/4/fore! the DD shajandr 04/29/17 08:44:27 PM
#120823   Oh yes, I remember Dodge. What a janice shell 04/29/17 06:50:07 PM
#120822   Those are all cannabis related issues that I Monksdream 04/29/17 06:43:39 PM
#120821   Bolt getts ~OUTT in December 2020, so perhaps shajandr 04/29/17 06:39:49 PM
#120820   Also... The SEC litigation release came out janice shell 04/29/17 05:51:57 PM
#120819   Yes, of course the DOJ can bring new shajandr 04/29/17 05:44:52 PM
#120818   The Kardashians have indeed become... potent. janice shell 04/29/17 05:24:37 PM
#120817   Well, nott until they were overrun by the Kardashians. shajandr 04/29/17 05:23:15 PM
#120816   Yes, very likely... They still move way to tdbowieknife 04/29/17 05:22:26 PM
#120815   The ancient Babylonians? Not many people make fun janice shell 04/29/17 04:48:28 PM
#120814   No wonder these guys scam folks... There's little janice shell 04/29/17 04:44:31 PM
#120813   For what it's worth, he was released from janice shell 04/29/17 04:31:34 PM
#120812   haha but hey don't make fun of my people Nebuchadnezzar 04/29/17 02:40:35 PM
#120811   I think there was a time when some penknee 04/29/17 01:58:23 PM
#120810   I see DOLV, which is an electric battery Homebrew 04/29/17 01:37:14 PM
#120809   It's a list of pot stocks penknee 04/29/17 01:31:18 PM
#120808   Was that a separate bill from their 300 KittP 04/29/17 01:17:09 PM
#120807   What does this list refer to ? Homebrew 04/29/17 12:47:10 PM
#120806   No wonder these guys scam folks... There's little tdbowieknife 04/29/17 11:26:11 AM
#120805   Difficult read on the ELTP board namtae 04/29/17 11:15:09 AM
#120804   So his probation ends in three weeks. Hardly shajandr 04/29/17 10:46:05 AM
#120802   I was referring to the 3 years supervised tdbowieknife 04/29/17 09:57:29 AM
#120801   Not necessarily. The SEC complaint is a civil shajandr 04/29/17 09:46:38 AM
#120800   Shouldn't he be re-arrested by the Feds too? tdbowieknife 04/29/17 09:22:58 AM
#120799   SEC Files Fraud Charges Against Recidivist Securities Violator scion 04/29/17 05:24:42 AM
#120798   And I just saw a TV commercial for janice shell 04/29/17 12:10:41 AM
#120797   Awwwwwright, now you've done it. A cuppla Nevada shajandr 04/28/17 11:20:19 PM
#120796   LOLOLOL!!! janice shell 04/28/17 09:16:00 PM
#120795   I have one of those for sale. I'll waterchaser 04/28/17 09:15:39 PM
#120794   That's true. But I might like to janice shell 04/28/17 08:52:52 PM
#120793   Las Vegas has plenty of those, too. But 1manband 04/28/17 08:52:23 PM
#120792   you fly a 737 from your house to lucky,mydog 04/28/17 08:49:09 PM
#120791   Oh, okay. That makes sense. Still, janice shell 04/28/17 08:46:44 PM
#120790   Nah, you fly a 737 from your house 1manband 04/28/17 08:45:27 PM
#120789   Shouldn't people travel to Area 51 by flying saucer? janice shell 04/28/17 08:23:44 PM
#120788   It doesn't have the same food selections, but 1manband 04/28/17 08:21:21 PM
#120787   That has to be in the top ten shajandr 04/28/17 07:53:52 PM