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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: 10/25/2014 1:08:50 AM - Followers: 1727 - Board type: Free - Posts Today: 7

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
#79010   Told you guys about that last week. It cyberbullymouse 10/25/14 01:08:50 AM
#79004   i'm getting the same impression's just accelerating BIG BALLER 10/25/14 12:01:01 AM
#79003   It's a BIG clownshow. All of his picks shajandr 10/24/14 11:55:58 PM
#79002   no way ! ~ ya they switch up BIG BALLER 10/24/14 11:18:44 PM
#79001   I think you're off base saying "connected to" nateeeeee 10/24/14 11:02:27 PM
#79000   Anyone see the BIG BENNIE video on Qasp? Nitwit 10/24/14 10:33:45 PM
#78999   I didn't get that impression - especially since samsamsamiam 10/24/14 10:33:02 PM
#78998   I don't think so. Did you follow janice shell 10/24/14 10:23:21 PM
#78997   An article totally about the Wolf turns into Kitt Proimos 10/24/14 10:21:28 PM
#78996   They dropped from OTCQX last year because they BigBake1 10/24/14 10:00:51 PM
#78995   How surprising. janice shell 10/24/14 09:42:14 PM
#78994   I played the bitcoin game you sent me Nitwit 10/24/14 09:37:51 PM
#78993   That is true, but beyond punishing wrongdoers, the 1manband 10/24/14 09:28:51 PM
#78992   Speaking of Q Accountancy... 1manband 10/24/14 09:24:35 PM
#78991   There is also this site about auditors and samsamsamiam 10/24/14 09:00:11 PM
#78990   Berman listed as YIPPY's accountant - but in samsamsamiam 10/24/14 08:56:09 PM
#78989   1man, I agree that the steps are not integral 10/24/14 08:53:19 PM
#78988   Integral and Surfkast are giving me great (Epaz)education!(FraudulentBastar...) B RY 10/24/14 08:37:19 PM
#78987   Good Bye Berman, SEC suspends Berman from Auditing, FINALLY!!!!! integral 10/24/14 08:34:54 PM
#78986   Don't aid and abet securities fraud - is samsamsamiam 10/24/14 08:33:53 PM
#78985   "Make money, be happy." My penny stock motto. ;&) B RY 10/24/14 08:29:17 PM
#78984   Most penny company pr's are truly hilarious indeed! ;&) B RY 10/24/14 08:25:57 PM
#78983   oh golly I wish you hadn't listed that samsamsamiam 10/24/14 08:21:37 PM
#78982   People still read OTC info?? Most (companies)info outdated.(JustSayin...) ;&) B RY 10/24/14 08:16:56 PM
#78981! ;&) B RY 10/24/14 08:13:33 PM
#78980   well maybe the company should update their profile samsamsamiam 10/24/14 08:05:39 PM
#78979   (Hi samsam)MYEC hasn't used Berman& 4/5years!(LLBradford-CPA)>>http://fina B RY 10/24/14 08:03:14 PM
#78978   Really? I'd entirely missed out on the name... janice shell 10/24/14 07:36:44 PM
#78977   Operation Broken Gate has been in action for 1manband 10/24/14 07:35:20 PM
#78976   Yep, she has a pretty big interest in CBDS. janice shell 10/24/14 07:09:46 PM
#78975   Sadia P BARRAMEDA samsamsamiam 10/24/14 07:06:58 PM
#78974   Maybe he is using her as the front samsamsamiam 10/24/14 06:41:12 PM
#78973   Now that they have a name for it, janice shell 10/24/14 06:38:35 PM
#78972   Okay, thanks. janice shell 10/24/14 06:30:10 PM
#78971   Maybe he's somehow connected to Sadia P. Barrameda janice shell 10/24/14 06:25:40 PM
#78970   Read the release again. It is the name 1manband 10/24/14 06:22:53 PM
#78969   What is Broken Gate? IPO$ 10/24/14 06:21:38 PM
#78968   How can you tell which clients he audits? IPO$ 10/24/14 06:21:20 PM
#78967   I'm only talking about Ovation. There was janice shell 10/24/14 06:19:22 PM
#78966   Nitwittttt... :-) *you see this? >> BIG BALLER 10/24/14 06:04:22 PM
#78965   Can't PM any more. See CTTC Board. Prudent Capitalist 10/24/14 05:54:05 PM
#78964   Good to see the SEC finally did something 1manband 10/24/14 05:42:37 PM
#78963   LOL - how do you think I feel samsamsamiam 10/24/14 05:25:49 PM
#78962   Little irritated I've been excluded....... Hattori Hanzo 10/24/14 05:06:26 PM
#78961   Berman & Company/otc markets samsamsamiam 10/24/14 05:00:51 PM
#78960   You should provide them with the profile of lineItemVeto 10/24/14 04:59:06 PM
#78959   We expose losers like Nitwit for the purpose Nitwit 10/24/14 04:48:15 PM
#78958   The Securities and Exchange Commission today sanctioned a IPO$ 10/24/14 04:45:28 PM
#78957   I am on BASH TRACK from KMAG... Nitwit 10/24/14 04:39:11 PM
#78956   Entertaining, always interesting to see more in depth Realityhurts 10/24/14 04:34:28 PM