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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: 12/7/2016 10:25:57 PM - Followers: 1922 - Board type: Free - Posts Today: 31

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.



#109740  Sticky Note Complete list of SEC suspended stocks from January Renee 06/26/16 05:53:13 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
#115796   Korreckshun taken. Thanky muchas, mein Herr. I will shajandr 12/07/16 10:25:57 PM
#115795   Very good dd Shaj, especially liked skating on 12yearplan 12/07/16 10:19:41 PM
#115794   By definition if we are wrapping it in swingingRichard 12/07/16 09:50:00 PM
#115793   There were 11 original NHMD share holders who surfkast 12/07/16 09:36:20 PM
#115792   LOLOLOLOLOL!! Maybe it needs the bacon crumbled janice shell 12/07/16 09:34:15 PM
#115791   So, no bacon-wrapped pancake insulation at the NHMD shajandr 12/07/16 09:27:47 PM
#115790   PAID PROMOTERS WILL STILL TRY! surfkast 12/07/16 09:12:17 PM
#115789   Maybe some are oblivious to the dubious nature gitreal 12/07/16 08:28:02 PM
#115788   I think some very legit folks accept director Buckey 12/07/16 08:03:51 PM
#115787 Not sure he is a crook. But gitreal 12/07/16 07:37:47 PM
#115786   "how did he survive Russia as ambassador for shajandr 12/07/16 07:33:02 PM
#115785   If your alcohol theory is true, how did gitreal 12/07/16 07:19:55 PM
#115784   "dude, was only ambassador to Ireland for three shajandr 12/07/16 07:04:35 PM
#115783   I thought it was interesting that the Canadian gitreal 12/07/16 06:56:01 PM
#115782   "I wonder what kind of services a former shajandr 12/07/16 06:14:14 PM
#115781   re NHMD: Such a toxic sludge stock, Surfkast. Renee 12/07/16 06:10:13 PM
#115780   NHMD (Pancake Insulation) is on a fast track surfkast 12/07/16 06:01:00 PM
#115779   Hey 1Man! This looks great. I 2haveknowledge 12/07/16 02:53:20 PM
#115778   This Board of Directors Agreement ("Agreement") made as gitreal 12/07/16 02:50:42 PM
#115777   Too funny. I lost 4 front ones playing Buckey 12/07/16 02:28:03 PM
#115776   Thank you and that is exactly what needs KittP 12/07/16 12:22:11 PM
#115775   SHOM - now those are some strange filings. samsamsamiam 12/07/16 11:47:48 AM
#115774   Weiss/Pope/DS Healthcare cont. samsamsamiam 12/07/16 11:38:18 AM
#115773   SHOM There is a board for it: samsamsamiam 12/07/16 10:06:27 AM
#115771   You are most welcome. It really is 2haveknowledge 12/07/16 08:19:00 AM
#115770   Michael Pope/Stephen A Weiss/DS Healthcare samsamsamiam 12/07/16 07:48:00 AM
#115769   Michael Pope/Stephen A Weiss/DS Healthcare samsamsamiam 12/07/16 06:55:53 AM
#115766   what would the difference? buccaneer1961 12/07/16 12:40:29 AM
#115765   All American Huckster - The Untold Story of 1manband 12/06/16 11:44:56 PM
#115763   Well, that stuff does, but it's useless information, janice shell 12/06/16 10:43:09 PM
#115762   And yet when you go to the FINRA sidedraft 12/06/16 10:22:07 PM
#115761   "PASS THE PUCK..." shajandr 12/06/16 10:08:51 PM
#115760   lol, yes to all of that. They janice shell 12/06/16 09:59:21 PM
#115759   I'm not convinced FINRA really wants people to 1manband 12/06/16 09:45:30 PM
#115758   That 'splains it well, 1Man. You are reliably Renee 12/06/16 09:43:08 PM
#115757   no links to the Daily Lists on the 1manband 12/06/16 09:33:04 PM
#115756   Thanks! As for the deletion on that one, WarMachine 12/06/16 09:08:23 PM
#115753   Speaking of pump and dumps, IFAN did a WarMachine 12/06/16 08:44:56 PM
#115752   No pucks for this lass, Kitt, but I Renee 12/06/16 08:03:05 PM
#115751   whaaat? wut? KittP 12/06/16 07:48:09 PM
#115750   Well, I've never played hockey or taken pucks Renee 12/06/16 07:04:19 PM
#115749   I didn't think I was any more wacky KittP 12/06/16 06:22:26 PM
#115748   Nah, LA, SF, SJ, Sac, SEA, DEN, and shajandr 12/06/16 06:15:26 PM
#115747   I'm not convinced FINRA really wants people to janice shell 12/06/16 06:10:23 PM
#115746   "Who the heck do they think is footing shajandr 12/06/16 06:09:34 PM
#115745   Don't forget David Paterson: janice shell 12/06/16 06:09:05 PM
#115744   Thanks, that's an interesting story. I hadn't janice shell 12/06/16 06:03:59 PM
#115743   I always love photos of miscreants. Butt this shajandr 12/06/16 06:02:41 PM
#115742   lol, yes, that thought occurred to me as well. janice shell 12/06/16 05:49:52 PM
#115741   The Securities and Exchange Commission today announced that Sleepy2016 12/06/16 05:48:55 PM