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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: 9/2/2014 12:13:26 AM - Followers: 1703 - Board type: Free - Posts Today: 1

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.



#73848  Sticky Note Complete list of SEC suspended stocks from January Renee 08/03/14 08:54:43 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
#75618   you can absolutely short pink companies, but you ALiVE 09/02/14 12:13:26 AM
#75617   Why is Drew Ciccarelli calling Lebed Brigham Youngster 09/01/14 11:13:39 PM
#75615   I am hoping it will be the straw samsamsamiam 09/01/14 10:05:51 PM
#75614   this " story " or "play " as Myth 09/01/14 09:46:00 PM
#75613   Big's a domain by TenKay 09/01/14 09:44:21 PM
#75612 Not new to this board.... TenKay 09/01/14 09:39:34 PM
#75611   NSAV - Fred Eichhorn and his products couldn't samsamsamiam 09/01/14 09:37:12 PM
#75610   I am, after all, Kingpin. janice shell 09/01/14 09:35:31 PM
#75609   You have like 435 "basher" confirmations against my 8. TenKay 09/01/14 09:34:22 PM
#75608   Ahhhh, a new bunch of utter morons. janice shell 09/01/14 09:30:45 PM
#75607   Omg....that is hysterical!!! TenKay 09/01/14 09:29:37 PM
#75606   Just saw a site where I am a Nitwit 09/01/14 09:24:08 PM
#75605   Happy Labor Day to all. Wow, there were ntropy 09/01/14 09:18:26 PM
#75604   Nice find. Thanks for posting. PLUTUS 09/01/14 08:30:11 PM
#75603   Perhaps not. But anyone who tries it will janice shell 09/01/14 08:18:18 PM
#75602   When someone is conflating market making with retail TenKay 09/01/14 08:16:43 PM
#75601   Tell you what, Zozo. Why don't you set janice shell 09/01/14 08:14:53 PM
#75600   Don't forget the daily fees, either. janice shell 09/01/14 08:12:41 PM
#75599   No, you aren't getting two different responses. You janice shell 09/01/14 08:10:54 PM
#75598   Tin foil hats on! elbiatcho1 09/01/14 07:55:40 PM
#75597   LOL!! That post is complete crap! Just because jobynimble 09/01/14 07:30:13 PM
#75596   The mention on NTEK there was interesting ;-) Nitwit 09/01/14 07:23:34 PM
#75595   The big money in penny stocks is made janice shell 09/01/14 06:55:46 PM
#75594   So what are we talking about here... Retail TenKay 09/01/14 06:54:22 PM
#75593   Big money? LOL. Let's look at TenKay 09/01/14 06:52:21 PM
#75592   you better inform some people here then. i'm zozo1 09/01/14 06:52:16 PM
#75591   New. Thinks they stumbled onto the secrets of cyberbullymouse 09/01/14 06:51:27 PM
#75590   That post was about NSS. IB does not janice shell 09/01/14 06:50:49 PM
#75589   "You could make more money in a bank cyberbullymouse 09/01/14 06:50:08 PM
#75588   Why are you telling us things we already janice shell 09/01/14 06:48:31 PM
#75587   not to a market maker. zozo1 09/01/14 06:47:11 PM
#75586   And you don't think $2.50 PER SHARE for TenKay 09/01/14 06:45:41 PM
#75585   So to short a million shares of a N4longterm 09/01/14 06:42:32 PM
#75584   lol. these boards are full of people talking lucky,mydog 09/01/14 06:40:58 PM
#75583   1. big money is shorting pennies, not small-time zozo1 09/01/14 06:40:04 PM
#75582   might want to tell that to this person: zozo1 09/01/14 06:36:38 PM
#75581   "It costs $2.50 per share to short penny stocks" TenKay 09/01/14 06:35:54 PM
#75580   FITX zozo1 09/01/14 06:35:29 PM
#75579   Thank you, but everyone knows about IB, and janice shell 09/01/14 06:35:06 PM
#75578   I know. KMAG is Grey, and unshortable janice shell 09/01/14 06:34:29 PM
#75577   You can't when they're suspended and in the cyberbullymouse 09/01/14 06:34:26 PM
#75576   You should try it. The SEC has your cyberbullymouse 09/01/14 06:33:16 PM
#75575   just an example of one place to short pennies. zozo1 09/01/14 06:31:38 PM
#75574   It costs $2.50 per share to short penny zozo1 09/01/14 06:30:33 PM
#75573   If I recall correctly, his original claim was N4longterm 09/01/14 06:29:32 PM
#75572   To the poster, obviously. Are you sure janice shell 09/01/14 06:28:04 PM
#75571   are you referring to yourself or the poster? zozo1 09/01/14 06:27:33 PM
#75570   Here's another head scratcher, they " acquired " Myth 09/01/14 06:24:13 PM
#75569   And? Do you believe that someone who janice shell 09/01/14 06:23:03 PM
#75568   and in 1976 yet.....amazing this miracle has taken Myth 09/01/14 06:20:07 PM