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, Cassandra, Renee, BigBake1, samsamsamiam
Search This Board:
Last Post: 8/1/2014 10:48:43 PM - Followers: 1672 - Board type: Free - Posts Today: 0

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 DEGREE....be 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.



#73621  Sticky Note why does bacon wrapped shrimp figure prominently in janice shell 07/31/14 12:06:31 PM
#69114  Sticky Note Complete list of SEC suspended stocks from January Renee 05/31/14 12:50:49 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
#16902  Sticky Note The SEC roundtable on microcaps has been archived janice shell 10/20/11 02:31:38 PM
#73807   Yes. AND it's a Grey. Evidently janice shell 08/01/14 10:48:43 PM
#73806   CYNK - 16 trades all day samsamsamiam 08/01/14 10:46:50 PM
#73805   Jesus. It "rallied" on volume of 9941 janice shell 08/01/14 10:13:26 PM
#73804   And it traded a whole $5k. The media Paul Wall 08/01/14 09:33:15 PM
#73803   Mystery CYNK Rallies Again With No Revenue, Assets StockdungU 08/01/14 09:22:23 PM
#73802   GHIL cease trade order: Michael-Goode 08/01/14 08:01:18 PM
#73801   Fairly akin to that, it is the new malc stone 08/01/14 07:24:25 PM
#73800   Doc Watson? I thought that was the hebercreeper 08/01/14 07:22:33 PM
#73799   Does anyone have any additional information on the malc stone 08/01/14 07:05:31 PM
#73798   CTO issued today by BCSC on GHIL. Brigham Youngster 08/01/14 06:13:56 PM
#73797   totally off topic, but think a few of shajandr 08/01/14 06:07:07 PM
#73796   Well looks like after DANA said Unicorns don't samsamsamiam 08/01/14 06:06:23 PM
#73795   I was pounding on the table.... newmedman 08/01/14 05:57:05 PM
#73794   Tsk tsk, you had to say it 4 ChuckD-MSB 08/01/14 05:53:26 PM
#73793   sandWich, SaNdWich, SANdWich, SANDWich, SANDWICH!!!!! newmedman 08/01/14 05:44:16 PM
#73792   Probably considers himself to be one, and likes janice shell 08/01/14 05:28:03 PM
#73791   is he still looking for his unicorn??? or samsamsamiam 08/01/14 05:26:14 PM
#73790   GHIL/MDBX/Ceasars Financial Promotion 236T568 08/01/14 05:19:45 PM
#73789   Oh, he's just a riot! Gotta love janice shell 08/01/14 05:19:32 PM
#73788   ROTFLMAO!!! samsamsamiam 08/01/14 05:19:00 PM
#73787   After checking this guy out - I think samsamsamiam 08/01/14 05:16:26 PM
#73786   I forgot the "significant" part. As for gitreal 08/01/14 05:15:43 PM
#73785   Check out his comment on facebook about divorces: samsamsamiam 08/01/14 05:14:40 PM
#73784   Wow. He's not exactly Mr Popularity. janice shell 08/01/14 05:06:40 PM
#73783   Leave it to a lawyer to think women samsamsamiam 08/01/14 05:02:24 PM
#73782   And I'm not sure he has a "gift janice shell 08/01/14 05:02:09 PM
#73781   Better than "my old lady" lol ChuckD-MSB 08/01/14 05:02:05 PM
#73780   He and the show's host make a fine pair. janice shell 08/01/14 05:01:14 PM
#73779   My "other" got a laugh out of this samsamsamiam 08/01/14 05:00:33 PM
#73778   I thought it was funny, but I was Maria56 08/01/14 04:57:55 PM
#73777   Dana McLendon, a pistol-packing lawyer from Tennessee samsamsamiam 08/01/14 04:54:36 PM
#73776   He's obviously wealthy then! gitreal 08/01/14 04:42:16 PM
#73775   LOLOL!! janice shell 08/01/14 04:37:08 PM
#73774   Glad I have a bit of both. ChuckD-MSB 08/01/14 04:36:08 PM
#73773   LOL!! But there are things most women janice shell 08/01/14 04:32:32 PM
#73772   someone who when asked to "jump" doesn't ask samsamsamiam 08/01/14 04:20:34 PM
#73771   I found it rather amusing as well although, Realityhurts 08/01/14 04:14:54 PM
#73770   Capital Shield/FITX/IGRW samsamsamiam 08/01/14 04:12:49 PM
#73769   He doesn't need to pack any more lard janice shell 08/01/14 04:08:16 PM
#73768   Would have to be someone from the high Realityhurts 08/01/14 04:06:40 PM
#73767   Someone who will shut up and go make ChuckD-MSB 08/01/14 04:06:23 PM
#73766   I see he wears a wedding ring. janice shell 08/01/14 04:00:06 PM
#73765   BBDA hemp ice cream pushed back another 2 months. elbiatcho1 08/01/14 03:59:24 PM
#73764   My better half laughed so I figured it ChuckD-MSB 08/01/14 03:45:56 PM
#73763   (something for the gals at the end) Maria56 08/01/14 03:41:51 PM
#73762   Thats a riot. New authors can not write StockdungU 08/01/14 03:29:46 PM
#73761   They'll soon have a lot fewer "new authors". janice shell 08/01/14 03:20:03 PM
#73760   That's hilarious! janice shell 08/01/14 03:19:09 PM
#73759   What about that? They still have no license samsamsamiam 08/01/14 02:59:25 PM
#73758   SeekingAlpha - interesting response a FITX LONG received samsamsamiam 08/01/14 02:32:02 PM