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DD Support Board and Fraud Research Team

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Moderator: nodummy Assistants: scion, janice shell, Renee, integral, BigBake1, 236T568
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Last Post: 10/9/2015 9:37:45 AM - Followers: 1836 - Board type: Free - Posts Today: 21

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.



#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
#97006   Ah, RVGD is where I remember you from. Sleepy2016 10/09/15 09:37:44 AM
#97005   OMG! Don't People know when to quit? Too funny. surfkast 10/09/15 09:33:52 AM
#97004   I saw an opportunity to apply my skills bearspread 10/09/15 09:31:48 AM
#97003   CRGP shell in 2012 and ran it as FuturesTargets46 10/09/15 09:28:25 AM
#97002   Do you know of any-other-way to get stock FuturesTargets46 10/09/15 09:24:33 AM
#97001   SEC Obtains Default Judgment Against Las Vegas-Based Promoter scion 10/09/15 08:49:50 AM
#97000   I was at Taji for over two years.... tajitj 10/09/15 07:18:16 AM
#96999   Let me give you a quick response to Sportsjunkie 10/09/15 04:59:06 AM
#96998   is this the guy down here in north Sportsjunkie 10/09/15 04:49:14 AM
#96997   a guy who owns his own plumbing company Sportsjunkie 10/09/15 04:44:51 AM
#96996   a little heads up,there is no such Sportsjunkie 10/09/15 04:39:51 AM
#96995   Any mining mavens out there who can tell sunspotter 10/09/15 04:01:07 AM
#96994   Brick & Mortar Retail does seem to be Capt_Smith77 10/09/15 03:54:35 AM
#96993   Should point out that 1,500 RadioShack stores survive bar1080 10/09/15 01:23:39 AM
#96992 are sitting on over 4 million shares TenKay 10/09/15 12:54:38 AM
#96991   Actually, the warning was they filed bankruptcy... Nitwit 10/09/15 12:46:47 AM
#96990   RadioShack never had anybody in their stores :-) Nitwit 10/09/15 12:44:38 AM
#96989   For what it's worth… janice shell 10/09/15 12:33:42 AM
#96988   I kinda hate to bring that up with bar1080 10/09/15 12:30:51 AM
#96987   I don't know. Could the bonds trade janice shell 10/09/15 12:16:44 AM
#96986   $64 question. RadioShack (recently RSHCQ) common stock is bar1080 10/09/15 12:15:15 AM
#96985   Nitwit, I remember you from back in the ccsykes 10/08/15 11:00:08 PM
#96984   Actually SIAF, after 6 years, is still up ccsykes 10/08/15 10:49:16 PM
#96983   Has been a promoter for years and still surfkast 10/08/15 09:46:33 PM
#96982   Investor Relations Represenative of Sino Agro Food, Inc., Nitwit 10/08/15 09:36:39 PM
#96981   Nobody uses that IRP stuff anymore besides a Nitwit 10/08/15 09:32:41 PM
#96980   Since you're a CEO of a public company... Nitwit 10/08/15 09:30:55 PM
#96979   Michael T Williams Esq. - CEO Council Inc? elbiatcho1 10/08/15 09:25:50 PM
#96978   that's what I thought but wasn't quite sure buccaneer1961 10/08/15 09:10:31 PM
#96977   Sorry, nope stockmasterflash 10/08/15 09:09:31 PM
#96975   Sorry, but no stockmasterflash 10/08/15 08:42:58 PM
#96974   Also, since I first started, I've known and ccsykes 10/08/15 08:16:44 PM
#96973   The story is pretty simple really. ccsykes 10/08/15 08:07:53 PM
#96972   ""Anything else you'd like to know?"" stockmasterflash 10/08/15 07:50:53 PM
#96971   Elbiatcho1, Love your Linkedin profile. ccsykes 10/08/15 07:33:56 PM
#96970   RLIA. Made in Kelowna pump and dump. Sam Brigham Youngster 10/08/15 06:53:07 PM
#96969   What is RLIS? sidedraft 10/08/15 06:39:52 PM
#96968   BCSC issued a CTO today on RLIS. Wolf's Brigham Youngster 10/08/15 06:32:36 PM
#96967   You're welcome... janice shell 10/08/15 04:42:41 PM
#96966   Thank you, janice shell. Greedy G 10/08/15 04:33:03 PM
#96965   They ought to. FINRA can refuse to janice shell 10/08/15 04:31:29 PM
#96964   EMBR trades 62 million, is up only 16.67% surfkast 10/08/15 04:29:45 PM
#96963   I've question pertaining to R/S: Let's say a company Greedy G 10/08/15 04:25:38 PM
#96962   And those are the perils of "bankruptcy plays". janice shell 10/08/15 03:43:37 PM
#96961   Why do it that way? I can janice shell 10/08/15 03:22:47 PM
#96960   There was the iHUBer who bought $1,100 worth bar1080 10/08/15 03:14:27 PM
#96959   RSHCQ made it very clear that the shares nodummy 10/08/15 02:47:45 PM
#96958   RadioShack shares (now RSHCQ) just cancelled with zero warning. bar1080 10/08/15 02:39:55 PM
#96957   Didn't expect to see you back again playing nodummy 10/08/15 02:23:49 PM
#96956   It's just another word for "pumping" Sirius 10/08/15 12:59:16 PM