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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: 10/18/2017 2:25:41 PM - Followers: 2034 - Board type: Free - Posts Today: 24

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.



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#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
#128420   No, your misunderstanding me. A company is integral 10/18/17 02:25:41 PM
#128419   but DTCC may charge clearing firms maintenance fees, KittP 10/18/17 02:05:38 PM
#128418   1Man might know this answer better than I, integral 10/18/17 01:52:00 PM
#128417   EMBR integral 10/18/17 01:45:02 PM
#128416   Thanks Integral, I have more just like that KittP 10/18/17 01:30:36 PM
#128415   Thanks for the information. ProfitJunkie 10/18/17 01:25:41 PM
#128414   This is a very interesting story and that ProfitJunkie 10/18/17 01:20:25 PM
#128413   SIGO/EMBR. Wade likes to wash, rinse and repeat! surfkast 10/18/17 01:00:19 PM
#128412   RAKR - The Cabronica/budfoxhub group gets paid to nodummy 10/18/17 12:49:16 PM
#128411   There are a few paid promoters surfacing all integral 10/18/17 12:33:36 PM
#128410   How many promoters has Kevin Wright (current member ProfitJunkie 10/18/17 12:02:31 PM
#128409   No, that person should have quoted me. integral 10/18/17 11:34:50 AM
#128408   That is Meth territory. In Cal, we integral 10/18/17 11:30:26 AM
#128407   Like I said, it is time for one integral 10/18/17 11:01:20 AM
#128406   I think we will have to have a integral 10/18/17 10:55:20 AM
#128405   If these "listed security held in you...account" are integral 10/18/17 10:47:11 AM
#128404   Partial ACAT, but they will refuse delivery of integral 10/18/17 10:43:08 AM
#128403   I don't know, I am not a pot integral 10/18/17 10:12:05 AM
#128402   Strange, she posted that she was at ACL integral 10/18/17 10:09:46 AM
#128398   New life for BGFT? e-ore 10/18/17 08:14:05 AM
#128397   highlighted it on the related board two days DaReal 10/18/17 03:09:50 AM
#128396   Have you looked at RAKR ... the most ProfitJunkie 10/17/17 10:32:04 PM
#128395   That's why I quoted it. "NASDQ Over the loanranger 10/17/17 09:57:12 PM
#128394   Canadian securities regulators outline disclosure expectations and certain 1manband 10/17/17 09:34:45 PM
#128393   "Rainmaker Worldwide Inc. (OTC: RAKR) (Rainmaker or the KittP 10/17/17 09:25:58 PM
#128392   It's obvious everyone in OTC Land is going Monksdream 10/17/17 09:21:41 PM
#128391   I have a Captain Kirk flip phone and KittP 10/17/17 09:16:43 PM
#128390   LOLOL!! Good point. For penny stocks, janice shell 10/17/17 09:15:46 PM
#128389   Further, the company will continue with product development KittP 10/17/17 08:56:25 PM
#128388   Guilty until proven innocent? Slojab 10/17/17 08:52:26 PM
#128387   I think I saw those on sale at KittP 10/17/17 08:36:19 PM
#128386   That's ridiculous!! I'd tell you to transfer MakeaFuss 10/17/17 08:26:53 PM
#128385   Isn't this nice of Scottrade, as a courtesy KittP 10/17/17 08:04:56 PM
#128384   Don't think so. 2031 release date. AlphaDog1 10/17/17 08:01:03 PM
#128383   $ATPT Wayne Mower (the one behind stealing the zsweet1 10/17/17 07:56:45 PM
#128382   Dang dude. Great work!! Thanks for keeping it BRICK_TOP 10/17/17 07:47:38 PM
#128381   thanks for these details. given the history of xZx 10/17/17 07:26:59 PM
#128380   Thank you for that explains a lot zsweet1 10/17/17 07:17:26 PM
#128379   That's an interesting story. janice shell 10/17/17 07:07:18 PM
#128378   ATPT I briefly skimmed the ATPT filings after nodummy 10/17/17 06:54:47 PM
#128377   We don't know what the product is. Slojab 10/17/17 06:41:21 PM
#128376   details, details. lucky,mydog 10/17/17 06:25:56 PM
#128375   Doesn't her company requires a Pot License, to Arthur 10/17/17 06:12:26 PM
#128374   Yes. Going back into Slojab 10/17/17 06:10:23 PM
#128373   We’re dying to tell you all about the janice shell 10/17/17 06:04:22 PM
#128372   Did Rufus Paul Harris make parole? Chiron 10/17/17 05:30:58 PM
#128371   Beats me. If she's out of school, janice shell 10/17/17 05:09:24 PM
#128370   Is she still going to school??! samsamsamiam 10/17/17 05:05:05 PM
#128369   Well, probably among pot dealers those kinds of janice shell 10/17/17 04:46:58 PM
#128368   Dang, good find. Possession of pot however, integral 10/17/17 04:31:58 PM