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DD Support Board and Fraud Research Team

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Moderator: nodummy Assistants: scion, janice shell, Cassandra, Renee, BigBake1, samsamsamiam
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Last Post: 11/23/2014 12:08:10 AM - Followers: 1739 - Board type: Free - Posts Today: 2

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.



#79015  Sticky Note Complete list of SEC suspended stocks from January Renee 10/25/14 12:04:35 PM
#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
#80479   LOL!! Can't have too many petitions. janice shell 11/23/14 12:08:10 AM
#80478   There's this website, or something where you Kitt Proimos 11/23/14 12:06:39 AM
#80477   lol. sometimes I make myself laugh. I was newmedman 11/22/14 10:54:03 PM
#80476   lol, good old Adnan. I wonder what janice shell 11/22/14 10:53:50 PM
#80475   Merle Ferguson/Adnan Khashoggi samsamsamiam 11/22/14 10:52:50 PM
#80474   LOL Doc K 11/22/14 10:49:08 PM
#80472   LOL!! Hollen and only THREE others? janice shell 11/22/14 10:47:01 PM
#80471   prank caller, prank caller...... newmedman 11/22/14 10:45:16 PM
#80470   I mean it was your idea, I just Doc K 11/22/14 10:41:05 PM
#80469   lawsuits seem to be a way of life samsamsamiam 11/22/14 10:40:06 PM
#80468   Yes, yes sir, it was all Doc's idea... newmedman 11/22/14 10:37:24 PM
#80467   LOL!! And now they want to sue janice shell 11/22/14 10:24:16 PM
#80466   Rich Kaiser/Merle Ferguson - Dang these guys have samsamsamiam 11/22/14 10:22:51 PM
#80465   Hey, NMVP was my idea.... Doc K 11/22/14 10:21:07 PM
#80463   Very nice! Its good to see there are PennyPimpr 11/22/14 10:03:48 PM
#80462   It was meant for the public. newmedman 11/22/14 09:59:53 PM
#80461   Looking forward to the R/S of NMVP of Doc K 11/22/14 09:59:53 PM
#80460   huh? is this the same guy - involved in samsamsamiam 11/22/14 09:48:03 PM
#80459   Hammer K. Wisenass!!! newmedman 11/22/14 09:29:47 PM
#80458   His company Security Counselors is registered in ILLinois elkonig 11/22/14 08:51:27 PM
#80457   It really is ludicrous to try to pass cyberbullymouse 11/22/14 08:00:34 PM
#80455   Hear, hear!!! newmedman 11/22/14 07:33:49 PM
#80454   Definite "red flags" when a penny stock company inzane 11/22/14 07:15:32 PM
#80453   Now....about that grammar... ;-) TenKay 11/22/14 07:03:38 PM
#80451   Thanks! janice shell 11/22/14 04:36:12 PM
#80450   BIG's best defense to a charge of promoting shajandr 11/22/14 03:37:05 PM
#80449   GBHD - tender offers??? samsamsamiam 11/22/14 01:47:58 PM
#80448   "funds eventually made their way to ... Lebanon, bar1080 11/22/14 12:15:27 PM
#80447   Referring to the burned investors, the same defendant scion 11/22/14 12:00:29 PM
#80446   IJJP website samsamsamiam 11/22/14 11:53:04 AM
#80445   And there is always this - from that samsamsamiam 11/22/14 11:46:10 AM
#80444   The indictment alleges that the Canadians, along with scion 11/22/14 11:08:53 AM
#80442   One problem stockmasterflash 11/22/14 10:24:58 AM
#80441   Lol that was the first person I thought samsamsamiam 11/22/14 10:24:35 AM
#80440   MR MOUSE! how could i have forgot to Escabar 11/22/14 10:23:27 AM
#80439   Next step: get Hipple and Jan into jail. cyberbullymouse 11/22/14 10:17:20 AM
#80438   you, iglow, tenkay, sam, ect have learned me Escabar 11/22/14 10:10:47 AM
#80437   "Google searches related to stocks have declined too. bar1080 11/22/14 08:21:43 AM
#80436   You beat me to the punch stockmasterflash 11/22/14 06:46:37 AM
#80435   Another possibility stockmasterflash 11/22/14 06:43:28 AM
#80434   That would be FABULOUS!! Let's start up janice shell 11/22/14 12:23:36 AM
#80433   Could we get Roofie out on a custodial shajandr 11/22/14 12:20:27 AM
#80432   Nah, he'd just be a waste of time. janice shell 11/22/14 12:17:58 AM
#80431   Only if we can get subgenius Bill Frizzell shajandr 11/22/14 12:16:22 AM
#80430   Sadder still, evidently they also don't believe anyone Stock Barber 11/21/14 11:44:01 PM
#80429   Merle Ferguson must have run into Crazy Al Hodges. janice shell 11/21/14 11:30:08 PM
#80428   Hell not just the fees he'll have a samsamsamiam 11/21/14 10:44:06 PM
#80427   I understood it as bill and bod would Kitt Proimos 11/21/14 10:30:25 PM
#80426   when the previous owner went to PRISON lucky,mydog 11/21/14 10:29:54 PM
#80425   Merle Ferguson must have run into Crazy Al shajandr 11/21/14 10:00:55 PM