FastFunds Financial Corp (fka FFFC)

[Pinky Buster]

FFFC-Here is a Good Checklist!

A: Signs of a Scam

1. Lack of communication from the company. More Info
2. No verified/legitimate physical place of business. More Info
3. Incomplete/unprofessional looking website with very old updates, or used for direct shareholder communication. More Info
4. Brand new flashy website and corresponding PR, both providing only bits of vague information. More Info
5. Company officers/employees involved in other penny stocks. (hint: use google) More Info
6. Over-optimistic, hype filled, "too good to be true" statements from the company. More Info
7. Press Releases (PR's) with vague, inconclusive language, insubstantial details, and/or no hard numbers. More Info
8. Multiple PR's in a day, week, or other short period of time falling into the category above. More Info
9. Business models or products that just don't seem "right". (hint: ask yourself, "Would I buy this?") More Info
10. No follow-through on promises by management, eg. financials, share structure updates, uplistings, etc. More Info
11. A company that seems focused on the stock price and not the business. More Info
12. A pinksheet holding company with no actual owned holdings. More Info
13. A company that changes its business entirely, eg. going from petrified wood salvage to lottery machines. More Info
14. A company that pops up quickly into a newly hot business sector, often world news related. More Info
15. Employees immediately dumping stock received through a compensation program. More Info
16. A history of company name changes, symbol changes, and reverse splits. More Info
13. Incessant Dilution - See Part B. More Info

B: Signs of Dilution

1. Gagged Transfer Agent (TA). More Info
3. Inability to get a current share count from the company. More Info
2. Increasing Outstanding/Authorized share counts. More Info
3. Constant decline in price with rapidly increasing volume on chart. More Info
4. Decline in price with no material event as a cause. More Info
5. Large, even blocks of shares continually hitting the bid. More Info
6. A history of Reverse Splits after running the share price into the ground. More Info
7. The opening of a 504 Reg. D program. More Info
8. Convertible debenture programs disclosed in financials or company communication. More Info
9. Heavy coverage by penny stock promoters , mindless pumping on message boards, spam emails. More Info
10. History of pump and dump action on the chart. 1-3 day quick runs followed by steep high volume drops. More Info
11. Blaming low price and decrease in price on Shorting and Market Makers (MM's). More Info
11. Several signs of being a scam - See Part A. More Info

C: Signs of a poor stock for trading

1. Very low volume.. remember to think in Dollar Volume. More Info
2. Long periods of time (both short and long term) with little to no volume. More Info
3. Large spread between the bid and ask prices. More Info
4. Large, sporadic changes in price on low volume. More Info
5. A stock with a long term negative trend. More Info
6. A broker restriction on buying/selling the stock. More Info
7. A history of halted trading. More Info
8. Long waits to get your orders filled. More Info
9. Signs of being a scam or being plagued by dilution - See part A and B. More Info

http://www.pennystocknation.com/pennystockredflagchecklist.html

Red Flags?