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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: 8/29/2014 12:30:41 AM - Followers: 1696 - 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
#75307   How do you feel about CFA's who use Doc K 08/29/14 12:30:41 AM
#75306   I didn't think you did. ( : slojab 08/28/14 11:51:30 PM
#75305   OHHHHHHHH.... I didn't realize it was Pearlie's janice shell 08/28/14 11:39:41 PM
#75304   Oh, Lord. The old GRYE is being slojab 08/28/14 10:16:41 PM
#75303   Not in this case...for all I know they've -Awaken- 08/28/14 06:26:22 PM
#75302   FINRA Website Repository update for cleared 211s: integral 08/28/14 06:08:21 PM
#75301   So many idiots, so little time... janice shell 08/28/14 04:56:18 PM
#75300   That's interesting. Usually they at least reinstate janice shell 08/28/14 04:54:29 PM
#75299   Cool. Missed it. dog turd cannon 08/28/14 04:13:43 PM
#75298   Just the right place to be doing business! LOL! surfkast 08/28/14 03:51:48 PM
#75297   ;) samsamsamiam 08/28/14 03:43:34 PM
#75296   Hopefully you got the message. I don't dog turd cannon 08/28/14 03:37:09 PM
#75295   Trillion? Meeeh. elbiatcho1 08/28/14 03:30:13 PM
#75294   The estimated Total Gross Revenues for its geological greentrade 08/28/14 03:25:55 PM
#75293   DAAANG!!! I'm gonna have to take out N4longterm 08/28/14 03:22:11 PM
#75292   Maybe they have $20T in Zimbabwe Dollars. integral 08/28/14 03:18:39 PM
#75291   Maybe your company is just not as phenomenal surfkast 08/28/14 03:07:00 PM
#75290   GRYEF claims $20 Trillion in assets and trading greentrade 08/28/14 03:05:07 PM
#75289   HELP can any one clear up this too greentrade 08/28/14 03:03:27 PM
#75287   I know on my company's Whois it shows N4longterm 08/28/14 02:47:10 PM
#75285   GIH = EMBR = SCAM! Got it! surfkast 08/28/14 02:12:54 PM
#75284   He's got some crazy stuff about the Ukraine samsamsamiam 08/28/14 02:04:47 PM
#75283   Yup, gotta pay off those huge school debts. elbiatcho1 08/28/14 01:55:51 PM
#75282   Well if he was studying dentistry - I samsamsamiam 08/28/14 01:49:14 PM
#75281   LOL and more than a few times we samsamsamiam 08/28/14 01:44:42 PM
#75280   Well, if you ask anyone on the board, -Awaken- 08/28/14 01:43:17 PM
#75279   Well we have seen plenty of scams that samsamsamiam 08/28/14 01:42:24 PM
#75278   To keep the dot connectors at bay? sidedraft 08/28/14 01:41:20 PM
#75277   I have a question on the administrator and surfkast 08/28/14 01:35:32 PM
#75276   strange - not sure it is the same. samsamsamiam 08/28/14 01:31:34 PM
#75275   Koohyar Karimi elbiatcho1 08/28/14 01:29:19 PM
#75274   FITX -another promo site touting FITX samsamsamiam 08/28/14 01:14:35 PM
#75273   Hi 1man, does this company and pres ring Kitt Proimos 08/28/14 01:06:39 PM
#75272   Looks like a mess. Does anyone even know janice shell 08/28/14 12:33:52 PM
#75270   Janice, your thoughts would be appreciated on the -Awaken- 08/28/14 10:20:23 AM
#75269   08/27/2014 36 MOTION for Protective Order as to scion 08/28/14 09:48:45 AM
#75268   Pacer update 27 Aug 14 - USA v. scion 08/28/14 09:41:07 AM
#75267   Pacer update 27 Aug 14 - USA v. scion 08/28/14 09:37:02 AM
#75266   I though all pinks needed a USPS mailbox! LOL! surfkast 08/27/14 10:37:21 PM
#75265   Anyway the companies valuation with no sales is elbiatcho1 08/27/14 10:09:56 PM
#75264   I hear that! LOL! Anyway the companies valuation surfkast 08/27/14 09:51:48 PM
#75263   Ahh thanks sam $300,000 makes a lot more protagonist12 08/27/14 09:51:40 PM
#75262   A REAL typo - unlike the one Bill samsamsamiam 08/27/14 09:51:10 PM
#75261   I believe the filing has a typo.. surfkast 08/27/14 09:48:43 PM
#75260   Zeros must be in the water lately. integral 08/27/14 09:46:38 PM
#75259   LOL - someone went a little crazy with samsamsamiam 08/27/14 09:43:56 PM
#75258   Shawn Arizmendi Gabriel CEO of OTCQB:UTMR sells 80 protagonist12 08/27/14 09:08:59 PM
#75257   I understand you questions. I never worked integral 08/27/14 08:29:44 PM
#75256   I got it, thanks. integral 08/27/14 07:37:17 PM
#75255   Thanks for the feedback, erbody... I'm still doing Fulldeck 08/27/14 06:54:18 PM