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DD Support Board and Fraud Research Team

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Moderator: nodummy Assistants: scion, janice shell, Renee, integral, BigBake1, 1manband
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Last Post: 5/23/2017 3:30:03 AM - Followers: 1965 - Board type: Free - Posts Today: 2

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.



#118911  Sticky Note Between 7:00 am Monday and 4:00 pm Friday nodummy 03/10/17 05:14:24 PM
#116345  Sticky Note Complete list of SEC suspended stocks from January Renee 01/01/17 05:31:11 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
#121434   My God. SMH. janice shell 05/22/17 11:46:35 PM
#121433   This just doesn't get old does it. KittP 05/22/17 11:45:55 PM
#121432   I'll take a look tomorrow... janice shell 05/22/17 11:21:59 PM
#121431   need your services to dismantle the RSII paper MakinBank 05/22/17 11:17:56 PM
#121430   No, as I said, it's not clear how janice shell 05/22/17 09:18:57 PM
#121429   50 bombed but not killed, were still bombed. integral 05/22/17 09:15:00 PM
#121428   Nobody blew up 70 people. They're saying janice shell 05/22/17 09:13:24 PM
#121427   What type of sick pile of crap blows integral 05/22/17 09:04:47 PM
#121426   Well now, ESSI is on my Investors Hub Monksdream 05/22/17 06:31:55 PM
#121425   Yeah. That's the way I remembered it. overachiever 05/22/17 05:47:47 PM
#121424   It is not bullshit per se, but it 1manband 05/22/17 05:25:45 PM
#121423   An incomplete draft. Idiots, no legal nor integral 05/22/17 05:10:25 PM
#121422   What kind of Bullshit is this? stockmasterflash 05/22/17 04:55:57 PM
#121421   what's that saying about a fool and his badbadbad 05/22/17 02:58:54 PM
#121420   What's surprising is that anyone at all would janice shell 05/22/17 02:54:30 PM
#121419   street doesn't believe it. 12m shares @ 003? badbadbad 05/22/17 02:51:08 PM
#121418   EFLN reminds me a bit of CDFT. janice shell 05/22/17 02:47:07 PM
#121417   EFLN is actually in some ways exceptional. janice shell 05/22/17 02:42:40 PM
#121416   Yes, IFLM was one of Eade's stocks. janice shell 05/22/17 02:37:23 PM
#121415   Ain't that a crying shame. janice shell 05/22/17 02:35:22 PM
#121414   i think we've been down this road before badbadbad 05/22/17 02:34:41 PM
#121413   Check out the crazy financing deal with "Lex janice shell 05/22/17 02:33:56 PM
#121412   LOLOLOL!! Important news that needs to be janice shell 05/22/17 02:32:03 PM
#121410   Everything about EFLN is hilarious. A read of rbtree 05/22/17 01:59:35 PM
#121409   There's a lot of dirtbag penny's on their penknee 05/22/17 01:48:28 PM
#121408   It's not associated with the SEC, it's a KittP 05/22/17 01:41:11 PM
#121407   I think I remember IFLM to be one overachiever 05/22/17 01:25:01 PM
#121406 now promoting stocks 236T568 05/22/17 12:36:10 PM
#121405   Oops! re ESSI: SEC Suspension: The Commission temporarily suspende 236T568 05/22/17 10:17:00 AM
#121404   re ESSI: SEC Suspension: The Commission temporarily suspended Renee 05/22/17 09:46:11 AM
#121403   Amazing. badbadbad 05/22/17 09:31:30 AM
#121402   Now that's hillarious! stockmasterflash 05/22/17 09:30:20 AM
#121401 badbadbad 05/22/17 09:28:29 AM
#121400   BRE-X MINERAL PART 2? badbadbad 05/22/17 09:23:29 AM
#121399   Don't confuse accounting income with taxable income. They Churak 05/22/17 08:54:26 AM
#121398   OK now I see it stockmasterflash 05/22/17 08:48:29 AM
#121397   Do they have $18.4 mil in loss Churak 05/22/17 08:21:19 AM
#121396   Tax guys--question stockmasterflash 05/22/17 07:50:41 AM
#121395   Will do... janice shell 05/22/17 01:27:20 AM
#121394   If you do email/communicate with him, let him shajandr 05/22/17 01:25:57 AM
#121393   I was researching a company called SEFE Inc. scoop9 05/22/17 01:20:05 AM
#121392   Many thanks, Shaj... janice shell 05/21/17 11:41:05 PM
#121391   May you live to post your 1,000,000th iub post. shajandr 05/21/17 11:38:53 PM
#121389   #basherpay LOLOL!!! Hey, Hattori DrContango 05/21/17 08:51:57 PM
#121388   Yes indeed... janice shell 05/21/17 08:35:14 PM
#121387   If you had a dollar for every post....oh wait..... #basherpay Hattori Hanzo 05/21/17 08:32:28 PM
#121386   LOLOLOLOL!! janice shell 05/21/17 08:29:44 PM
#121385   WELL, YOU CAN'T PLEASE EVERYONE... DrContango 05/21/17 08:24:18 PM
#121383   Check out EFLN..... amateurish at best. rbtree 05/21/17 07:23:51 PM
#121382   true that badbadbad 05/21/17 05:46:29 PM