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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: 12/18/2014 2:35:14 AM - Followers: 1749 - Board type: Free - Posts Today: 4

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
#81890   Uhhh...yes, really. Thomas Wittenschlaeger is the Principal executive hestheman 12/18/14 02:35:14 AM
#81889   Oh Janice....we never said Dr. Shiong's intent from hestheman 12/18/14 02:25:36 AM
#81888   The paid promotion (being ONE) you guys pointed hestheman 12/18/14 02:23:49 AM
#81887   Attorney Opinion Letters: The SEC needs to charge Cassandra 12/18/14 01:57:22 AM
#81886   A joint decision has been made between SMRT janice shell 12/17/14 10:06:01 PM
#81885   The debt was exchanged for equity shares.....period. The janice shell 12/17/14 09:48:42 PM
#81884   The shell was not pumped. It was auto-bots janice shell 12/17/14 09:33:55 PM
#81883   It's ONLY in the 10K where the beneficial janice shell 12/17/14 09:22:42 PM
#81882   Dr.SS sold the RPTN shell. janice shell 12/17/14 09:04:15 PM
#81881   And here's the associated .pdf. janice shell 12/17/14 08:40:30 PM
#81880   Now the company's ambassadors are admitting to using elbiatcho1 12/17/14 08:35:50 PM
#81879   Pacer update 17 Dec 14 - Bankruptcy Petition scion 12/17/14 08:35:45 PM
#81878   How does this member always get this kind Kitt Proimos 12/17/14 08:27:02 PM
#81877   I can't post privately, but your answer absolutely carla818 12/17/14 08:25:09 PM
#81876   Dr. Soon-Shiong should have second thoughts stockmasterflash 12/17/14 08:23:07 PM
#81875 moviesam 12/17/14 08:13:59 PM
#81874   So what could come from your inquiries except carla818 12/17/14 08:11:17 PM
#81873 I know dudes in my midwest ne newmedman 12/17/14 07:40:12 PM
#81872   Not only the punctuation... elbiatcho1 12/17/14 07:32:38 PM
#81871   Easily an increase. 2 or 4 billion served? Kitt Proimos 12/17/14 07:29:00 PM
#81870   It was auto-bots that sent out all those Kitt Proimos 12/17/14 07:12:52 PM
#81869   reread the edit. dude misspelled experience. newmedman 12/17/14 06:57:37 PM
#81868   well played. lucky,mydog 12/17/14 06:51:46 PM
#81867   as long as there's bacon wrapped shrimp. ;-) newmedman 12/17/14 06:49:39 PM
#81866   and aren't better banquet experiences what it's really lucky,mydog 12/17/14 06:34:00 PM
#81865   lol. of course. lucky,mydog 12/17/14 06:32:04 PM
#81864   Wow, I thought the FITX PR's were an newmedman 12/17/14 05:32:01 PM
#81863   I'm sure that you are aware that no carla818 12/17/14 05:07:43 PM
#81862   I will reach out tomorrow anyway. surfkast 12/17/14 04:07:22 PM
#81861   Yes, I remember reading about it in past messages. carla818 12/17/14 04:03:51 PM
#81860   Has anyone tried contacting the Doctor, his agents surfkast 12/17/14 03:46:58 PM
#81859   Thomas Wittenschlaeger has many patents and is the carla818 12/17/14 03:08:21 PM
#81858   Yes, same guy - scion 12/17/14 03:07:33 PM
#81857   Is this the same guy who made sex elbiatcho1 12/17/14 02:46:07 PM
#81856   False and Misleading statements by former MDBX CEO 236T568 12/17/14 02:44:12 PM
#81855   Former Charlotte Resident Indicted on Securities and Wire scion 12/17/14 02:38:13 PM
#81854   Former CEO of MedBox, Dr. Bruce Bedrick, Joins 236T568 12/17/14 02:34:08 PM
#81853   BBDA R/S damage control elbiatcho1 12/17/14 02:03:33 PM
#81852   Just as bad as this in the EMBR 10K! surfkast 12/17/14 01:50:48 PM
#81851   Just as bad as this in the EMBR 10K! surfkast 12/17/14 01:50:27 PM
#81850   Its not safe harbor language that shields them stockmasterflash 12/17/14 01:50:27 PM
#81849   I just find it hilarious that all these Carini 12/17/14 01:47:30 PM
#81848   The safe harbor statement is bullshit as it Hattori Hanzo 12/17/14 01:43:01 PM
#81847   Can anyone provide ANY example of a successful Carini 12/17/14 01:34:32 PM
#81846   ... then the NO party. elbiatcho1 12/17/14 01:31:35 PM
#81845   And this is great news on NATES website? surfkast 12/17/14 01:13:06 PM
#81844   EMBR/TREN believe this is good news. Management admits surfkast 12/17/14 01:10:52 PM
#81843   uhhh really, considering they were all in Nevada BigBake1 12/17/14 01:08:19 PM
#81842   Why did the skull and crossbones appear? lineItemVeto 12/17/14 01:06:27 PM
#81840   "Dear lord this is'nt complicated stuff". I agree! hestheman 12/17/14 01:02:18 PM