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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: 8/22/2017 6:23:35 PM - Followers: 2014 - Board type: Free - Posts Today: 89

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.



#124122  Sticky Note Complete list of SEC suspended stocks from January Renee 07/31/17 05:27:57 PM
#118911  Sticky Note Between 7:00 am Monday and 4:00 pm Friday nodummy 03/10/17 05:14:24 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
#125511   Hello integral. We have some accounting questions malc stone 08/22/17 06:23:35 PM
#125510   N4longterm 08/22/17 04:06:27 PM
#125509   It was a penny stock. I've set up Serje1 08/22/17 03:53:12 PM
#125508   Oops. Correct. surfkast 08/22/17 03:37:01 PM
#125507   It depends on the State. Some do, some 1manband 08/22/17 03:22:29 PM
#125506   Really? That's interesting. janice shell 08/22/17 03:14:25 PM
#125505   Every state has as set of statutes with integral 08/22/17 03:12:56 PM
#125504   "In many states the criminal provisions regarding bad Magnum7419 08/22/17 03:06:43 PM
#125503   With regard to SIGO and its two officers, Monksdream 08/22/17 02:58:44 PM
#125502   If someone writes you a check for $1,000.00 janice shell 08/22/17 02:57:08 PM
#125501   You are so right and yet so wrong. integral 08/22/17 02:54:06 PM
#125500   Thru the eyes of a prosecutor......I am very serious....... janice shell 08/22/17 02:45:40 PM
#125499   Martin Shkreli Was ‘His Own Worst Enemy,’ Juror Says scion 08/22/17 02:42:19 PM
#125498   That's like saying I've been drunk driving for Nickftw 08/22/17 02:40:05 PM
#125497   Exactly.....CNBC show American Greed. Watch that show for a MakeaFuss 08/22/17 02:18:50 PM
#125496   huh? the stock price of SIGO is dropping to 236T568 08/22/17 02:14:18 PM
#125495   Who is the victm? what are the losses? 1manband 08/22/17 02:11:48 PM
#125494   If someone writes you a check for $1,000.00 236T568 08/22/17 02:11:31 PM
#125493   How can there be victims when every share lucky,mydog 08/22/17 02:10:57 PM
#125492   I am trying to explain what the elements Magnum7419 08/22/17 02:08:33 PM
#125491   What does a hot check have to do sidedraft 08/22/17 02:02:38 PM
#125490   Please offer a ethical penny stock for sale ! 1manband 08/22/17 02:01:18 PM
#125489   If someone writes you a check for $1,000.00 Magnum7419 08/22/17 01:55:34 PM
#125488   So, anyone that warns you that they might sidedraft 08/22/17 01:52:34 PM
#125487   You serious? 236T568 08/22/17 01:52:32 PM
#125486   My apologies to the board. Magnum7419 08/22/17 01:48:55 PM
#125485   What? we are not just talking about scam company 236T568 08/22/17 01:48:31 PM
#125484   please? enough. take it to the sigo board. lucky,mydog 08/22/17 01:48:13 PM
#125483   HOw many criminal investigations have you investigated, presented Magnum7419 08/22/17 01:47:48 PM
#125482   huh? so the hundreds upon hundreds of scam company 236T568 08/22/17 01:45:46 PM
#125481   Please simply produce your " fraudulent PR's and Magnum7419 08/22/17 01:45:12 PM
#125480   Thru the eyes of a prosecutor......I am very serious....... Magnum7419 08/22/17 01:41:41 PM
#125479   Why not simply put together your case against Magnum7419 08/22/17 01:40:45 PM
#125478   Are you serious? 236T568 08/22/17 01:40:27 PM
#125477   So, an investor in a scam company like 236T568 08/22/17 01:38:34 PM
#125476   I have never filed a criminal complaint based Magnum7419 08/22/17 01:36:08 PM
#125475   Can anyone answer this for me? What is the penknee 08/22/17 01:32:11 PM
#125474   What I am trying to say is a Magnum7419 08/22/17 01:32:00 PM
#125473   We must be talking about different companies. loanranger 08/22/17 01:23:42 PM
#125472   And all SEC filings are the truth? Many surfkast 08/22/17 01:20:50 PM
#125471   If you are still having to ask those sidedraft 08/22/17 01:18:10 PM
#125470   Not at all but the Prosecutor will not Magnum7419 08/22/17 01:09:08 PM
#125469   Well then, would it be OK for an sidedraft 08/22/17 01:06:58 PM
#125468   GWPH, ZYNE, ACAN, CNAB, ADVT, AGTK, AMMJ, AZFL, Monksdream 08/22/17 12:55:14 PM
#125467   Spam! LOL! surfkast 08/22/17 12:52:08 PM
#125466   The news hit the SANP board. But Slojab 08/22/17 12:47:54 PM
#125465   PROBABLY EVERY POT TICKER YOU FOLLOW! surfkast 08/22/17 12:47:22 PM
#125464   surfkast, I can make a list. Monksdream 08/22/17 12:46:05 PM
#125463   Here are some: HTCO, IBRC, INCC, GYST ............. surfkast 08/22/17 12:45:13 PM
#125462   This is what surfkast is referring to. Monksdream 08/22/17 12:43:39 PM