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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: 12/10/2017 3:28:32 PM - Followers: 2047 - Board type: Free - Posts Today: 28

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.



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#124122  Sticky Note Complete list of SEC suspended stocks from January Renee 07/31/17 05:27:57 PM
#118911  Sticky Note Between 7:00 am Monday and 4:00 pm Friday nodummy 03/10/17 05:14:24 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
#130057   Good post Kitt. Wildbilly 12/10/17 03:28:32 PM
#130056   It sounds like justifying an investment. bearspread 12/10/17 02:59:53 PM
#130055   Lol I agree. We will definitely go in YesWeCannabis 12/10/17 01:24:18 PM
#130054   After all the experiments I’m now more interested KittP 12/10/17 01:01:53 PM
#130053   Yes. It is weird. It has to be. YesWeCannabis 12/10/17 12:55:28 PM
#130052   You need to reset your angle of attack. YesWeCannabis 12/10/17 12:49:53 PM
#130051   Something must be the underlying value and Bitcoin KittP 12/10/17 12:47:19 PM
#130050   Well, if that exchange opens, what happens to KittP 12/10/17 12:33:39 PM
#130049   "What I've learned so far is large and KittP 12/10/17 12:25:06 PM
#130048   OMG- shut that right down right freaking now! KittP 12/10/17 12:11:41 PM
#130047   Bitcoin Futures Launch Stokes Fears of Manipulation, Hacks, Glitches scion 12/10/17 12:11:04 PM
#130046   Referring to the CEO of a company that stockmasterflash 12/10/17 12:03:31 PM
#130045   My point is math is math and Bitcoin KittP 12/10/17 12:01:52 PM
#130044   i will look it up thanks Buckey 12/10/17 11:51:09 AM
#130043   Yes. That is it. And if you’re into YesWeCannabis 12/10/17 10:39:12 AM
#130042   BANKING ON BITCOINS samsamsamiam 12/10/17 10:28:35 AM
#130041   Well done! samsamsamiam 12/10/17 10:18:42 AM
#130040   Although rudimentary as a whole. Netflix has a YesWeCannabis 12/10/17 10:05:15 AM
#130039   AS much as I am terribly sketical, I Buckey 12/10/17 09:45:44 AM
#130038   Valid points. You missed the post a few YesWeCannabis 12/10/17 09:28:16 AM
#130037   i am rusty with creative posts can someone Buckey 12/10/17 09:14:01 AM
#130036   scaled silver vs bitcoin chart Buckey 12/10/17 09:12:42 AM
#130035   oh dear - IN Canada normally the self Buckey 12/10/17 09:08:47 AM
#130034   It sounds like justifying an investment. Monksdream 12/10/17 08:17:18 AM
#130033   Thanks for posting stock_observer_77 12/10/17 08:00:09 AM
#130032   Thanks for including that article. I will paste Monksdream 12/10/17 07:32:34 AM
#130031   Yikes! samsamsamiam 12/10/17 02:23:05 AM
#130030   It sounds like justifying an investment. KittP 12/10/17 12:29:00 AM
#130029   LOL!! Lucky Bulgaria! janice shell 12/09/17 11:06:24 PM
#130028   Wrong? Say? Bitcoin isn’t a thought, feeling or YesWeCannabis 12/09/17 10:50:13 PM
#130027   Bulgaria’s GDP is about $52.4 billion (2016), so Sleepy2016 12/09/17 10:48:18 PM
#130026   check out the chart down below comparing it Buckey 12/09/17 10:24:37 PM
#130025   Whenever a pink sheet stock hits the skids Monksdream 12/09/17 10:07:42 PM
#130024   ..... forking is somewhat of a problem, but Koog 12/09/17 09:56:01 PM
#130023   what if they are wrong? what if Buckey 12/09/17 09:40:06 PM
#130022   There was a time not long ago when YesWeCannabis 12/09/17 08:51:47 PM
#130021   It's tanking again tonight. Down to 13,881... janice shell 12/09/17 08:36:27 PM
#130020   Bitcoin Energy Consumption samsamsamiam 12/09/17 08:34:27 PM
#130019   BTSC is the ultimate example of that. CarloRoberts 12/09/17 07:59:57 PM
#130018   Though that is true stockmasterflash 12/09/17 07:51:20 PM
#130017   I think if you go back over a KittP 12/09/17 07:39:17 PM
#130016   There can only be 21 million Bitcoin mined KittP 12/09/17 07:17:53 PM
#130015   Why do I get the feeling that we KittP 12/09/17 07:12:36 PM
#130014   Oh yeah, that too. janice shell 12/09/17 04:30:27 PM
#130013   Also INFRAX SYSTEMS, INC. surfkast 12/09/17 04:28:38 PM
#130012   lol, I think it's safe to say STBV's janice shell 12/09/17 04:18:32 PM
#130011   There's been a rotation stockmasterflash 12/09/17 04:16:16 PM
#130010   Online trading firms mushroomed at that time. The janice shell 12/09/17 04:02:50 PM
#130009   I see bitcoin's down to 14,400 today... janice shell 12/09/17 04:01:21 PM
#130008   They don't have a business model because there's Hattori Hanzo 12/09/17 03:49:27 PM