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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: 10/30/2014 12:29:14 PM - Followers: 1728 - Board type: Free - Posts Today: 13

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
#79195   Could be a typo ... sophomoric? Sharktnk 10/30/14 12:37:45 PM
#79194   Quite the contradiction in terms: BigBake1 10/30/14 12:29:14 PM
#79193   Was wondering if anyone else caught that ... Sharktnk 10/30/14 12:26:00 PM
#79192   Recipe for disaster: BigBake1 10/30/14 12:12:23 PM
#79191   think they know the MJ hype is picking samsamsamiam 10/30/14 11:36:01 AM
#79190 Smelling smok samsamsamiam 10/30/14 11:29:59 AM
#79189   SEC and FINRA Warn Investors About Penny Stock scion 10/30/14 11:28:06 AM
#79188   From the Fraternity of Toxicity archives ... Sharktnk 10/30/14 10:16:17 AM
#79187   Never a good sign when you see a conix 10/30/14 10:10:25 AM
#79186   Scam MYEC signs deal with toxic financer TCA. Desolation Row 10/30/14 09:40:47 AM
#79183   Here's some fun from would-be patent troll and sunspotter 10/30/14 05:37:48 AM
#79182   Re SEC letters to delinquent filers, the SEC Renee 10/29/14 07:45:50 PM
#79181   You would think that that kind of move oxnous 10/29/14 03:01:06 PM
#79180   It sounds rather like the Javan King/Syndicate Trust janice shell 10/29/14 03:00:36 PM
#79179   HPNN never registered any new shares but people billytbone 10/29/14 02:46:36 PM
#79178   Doesn't look as if that would have given janice shell 10/29/14 02:35:19 PM
#79177   Wow, that's impressive. 50 Bagger 10/29/14 02:11:29 PM
#79176   Fast Traders Are Getting Data From SEC Seconds Early scion 10/29/14 01:51:53 PM
#79175   AVTC - DESIST AND REFRAIN ORDER 236T568 10/29/14 01:46:29 PM
#79174   Another company I follow, HPNN, proudly announced they janice shell 10/29/14 01:44:00 PM
#79173   ELRA has that beat. slojab 10/29/14 01:42:25 PM
#79172   intergal should love this P/R! Embarr Downs Announces surfkast 10/29/14 01:36:29 PM
#79171   TCEL Toxic Debt, but they are raising money surfkast 10/29/14 01:27:47 PM
#79170   Matter of fact, Pervasip did file a Form Arthur 10/29/14 01:24:29 PM
#79169   Another company I follow, HPNN, proudly announced they Arthur 10/29/14 01:19:14 PM
#79168   If it's delinquent and hasn't filed a Form janice shell 10/29/14 01:18:56 PM
#79167   I expect, after 6 months have passed the Arthur 10/29/14 01:15:10 PM
#79166   EPAZD just wiped out their common shareholders with surfkast 10/29/14 01:14:24 PM
#79165   The note terms requires that Pervasip effects a janice shell 10/29/14 01:09:02 PM
#79164   Well, PVSP has embarked a new course now Arthur 10/29/14 01:06:25 PM
#79163   Go look at MTVX formerly FROZ right now. billytbone 10/29/14 12:58:15 PM
#79162   I like this line: There was no share surfkast 10/29/14 12:51:27 PM
#79161   Question for you: Wisebuys 10/29/14 12:05:30 PM
#79160   There are a great many dilution horror stories Arthur 10/29/14 11:52:49 AM
#79159   AVTC - Feb 28, 2013 - False 236T568 10/29/14 11:27:03 AM
#79158   Oh depending on the service you paid for BigBake1 10/29/14 11:00:57 AM
#79157   Yeah, they're all *colluders*, dirty bastages! jobynimble 10/29/14 10:51:57 AM
#79156   Or Comcast, Time Warner, Verizon, etc. P2O I'm from MO 10/29/14 10:51:14 AM
#79155   It's all AT&T's fault. Yeah, that's the ticket, jobynimble 10/29/14 10:49:49 AM
#79154   Lol, I've been 'educating' *some* about those delays P2O I'm from MO 10/29/14 10:42:44 AM
#79153   They could do better but really that isnt BigBake1 10/29/14 09:41:14 AM
#79152   Fast Traders Are Getting Data From SEC Seconds Early Churak 10/29/14 09:32:41 AM
#79151   It's amusing to google the phone number on Maria56 10/29/14 09:19:17 AM
#79150   Seems like a new Record for Dilution is Churak 10/29/14 06:17:12 AM
#79149   SIMH Dilution at Record levels? DaReal 10/29/14 05:10:56 AM
#79148   Wow nice post. Guys I won't ever be Paul Wall 10/29/14 01:06:13 AM
#79147   Actually, the story goes... N4longterm 10/28/14 11:42:03 PM
#79146   Nooooo problem! Though perhaps I'd rather see janice shell 10/28/14 10:20:38 PM
#79145   We'll be rooting for him... not! I'll Stock Barber 10/28/14 10:12:00 PM