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DD Support Board and Fraud Research Team

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Moderator: nodummy Assistants: scion, janice shell, Cassandra, Renee, BigBake1, 236T568
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Last Post: 7/1/2015 3:44:37 PM - Followers: 1793 - Board type: Free - Posts Today: 53

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.



#91096   Great product! janice shell 07/01/15 03:57:04 PM
#90374  Sticky Note Complete list of SEC suspended stocks from January Renee 06/21/15 10:47:24 AM
#73621  Sticky Note why does bacon wrapped shrimp figure prominently in janice shell 07/31/14 12:06:31 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
#91095   The FBI can throw a dart at the integral 07/01/15 03:55:45 PM
#91094   FWDG posted on Facebook that they ae filing surfkast 07/01/15 03:54:36 PM
#91093   I didn't see anywhere that DKM lost their integral 07/01/15 03:53:04 PM
#91092   I found the pest pilot! surfkast 07/01/15 03:52:54 PM
#91091   Another FBI/SEC sting operation: janice shell 07/01/15 03:44:37 PM
#91090   DKM just provided an audit! surfkast 07/01/15 03:43:23 PM
#91089   I should think the pancake insulation would work janice shell 07/01/15 03:32:14 PM
#91088   I'll do some catching up and drop by janice shell 07/01/15 03:30:50 PM
#91087   Joseph Wade Mezey does a great job. No surfkast 07/01/15 03:29:07 PM
#91086   LOLOL!! But many kinds of cockroaches can janice shell 07/01/15 03:23:07 PM
#91085   Fly cockroaches? "If the shoe fits." surfkast 07/01/15 03:21:11 PM
#91084   Just went to the SEC and got a janice shell 07/01/15 03:17:44 PM
#91083   I know. But what does it DO? janice shell 07/01/15 03:10:30 PM
#91082 scion 07/01/15 03:00:08 PM
#91081   I probably shouldn't ask, but what does Pest janice shell 07/01/15 02:54:47 PM
#91080   How do you admit you have "prs in bearspread 07/01/15 02:45:01 PM
#91079   INCC posters are classic example of beating surfkast 07/01/15 01:41:20 PM
#91078   Janice...a long from TRTC is asking for you Doc K 07/01/15 01:18:17 PM
#91077   PCAOB not too happy either. surfkast 07/01/15 01:17:48 PM
#91076   CPA Peter Messineo and DKM CPAS case B-02747 integral 07/01/15 01:10:28 PM
#91075   I would really appreciate that! Thanks! surfkast 07/01/15 01:07:28 PM
#91074   Yes, this is from the PCAOB. Maybe integral 07/01/15 01:04:46 PM
#91073   For DKM? surfkast 07/01/15 01:03:44 PM
#91072   These are the violations: integral 07/01/15 01:01:57 PM
#91071   See that a lot........ nice twist. surfkast 07/01/15 12:59:52 PM
#91070   How do you admit you have "prs in integral 07/01/15 12:55:43 PM
#91069   Thanks for the info. So all of these surfkast 07/01/15 12:52:47 PM
#91068   BBDA IR on the defensive blame da h8rs elbiatcho1 07/01/15 12:51:23 PM
#91067   IC Punch and Infrax. integral 07/01/15 12:45:56 PM
#91066   IC Punch and Infrax. integral 07/01/15 12:45:56 PM
#91065   The firm has been offered a settlement in integral 07/01/15 12:42:49 PM
#91064   Oops! Start with Peter Messineo, CPA and a proceeding integral 07/01/15 12:41:38 PM
#91063   SEC Charges Hedge Fund Advisory Firm With Conducting scion 07/01/15 12:30:36 PM
#91062   SEC Charges Former Stockbroker With Conducting Ponzi Scheme scion 07/01/15 12:18:52 PM
#91061   FWDG. Interesting the a Florida Corp changes accountants surfkast 07/01/15 12:04:06 PM
#91060   Evidently. integral 07/01/15 11:53:35 AM
#91059   Being a prince is the leading cause of Hattori Hanzo 07/01/15 11:50:52 AM
#91058   From the widow of a prince. integral 07/01/15 11:48:15 AM
#91057   Is the loan from... Nigeria? cyberbullymouse 07/01/15 11:19:30 AM
#91056   They need $50K to... obtain funding ? For Arthur 07/01/15 11:16:50 AM
#91055   I do remember having to actually stop in integral 07/01/15 09:29:21 AM
#91054   I will be watching and any filing will surfkast 07/01/15 09:15:53 AM
#91053   Well, I guess they can file a 10-12g integral 07/01/15 09:01:10 AM
#91052   New shell company to make it look legit? surfkast 07/01/15 08:49:22 AM
#91051   They recently dereigstered, why re-register immediately? They integral 07/01/15 08:45:58 AM
#91050   The Company will file a Form 10 once surfkast 07/01/15 08:42:50 AM
#91049   Why file anything? They went dark. integral 07/01/15 08:40:31 AM
#91048   I wonder how long it will take to surfkast 07/01/15 08:38:28 AM
#91047   EMBR=Rent-a-Shell integral 07/01/15 08:36:10 AM