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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: 10/20/2017 2:00:35 AM - Followers: 2034 - 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.



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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
#128496   You're gonna LOVE FRFS: janice shell 10/20/17 02:00:35 AM
#128495   $BLFS is my new favorite. More and more Stockstrodamus 10/20/17 01:44:55 AM
#128494   That really would have been fun. Maybe janice shell 10/19/17 10:11:06 PM
#128493   You can find the first 2 seasons on 1manband 10/19/17 10:08:33 PM
#128492   That sounds interesting. I'm sorry I missed it... janice shell 10/19/17 10:05:27 PM
#128491   Besides the passing of Gord Downie, popular Canadian 1manband 10/19/17 10:03:27 PM
#128490   For the board, sure.. excellent 12yearplan 10/19/17 09:53:20 PM
#128489   Either way, the Trailer Park Boys are funny... janice shell 10/19/17 09:50:48 PM
#128488   For the DD and Fraud board, don't you 1manband 10/19/17 09:48:25 PM
#128487   LOL!! That's pretty good. janice shell 10/19/17 09:46:51 PM
#128486   You!, da darkest one.. ;) 12yearplan 10/19/17 09:40:51 PM
#128485   LOL!! I try not to mess with janice shell 10/19/17 09:36:30 PM
#128484   Bout' 5 years ago I suppose, I heard 12yearplan 10/19/17 09:35:03 PM
#128483   That part and more. What's worse is janice shell 10/19/17 09:24:34 PM
#128482   This part? 12yearplan 10/19/17 09:14:01 PM
#128481   Good point. I believe that would be illegal. janice shell 10/19/17 06:14:24 PM
#128480   What I find truly appalling is, the new ForReal 10/19/17 06:11:36 PM
#128479   LWLG - that evil basher from mars 236T568 10/19/17 06:05:59 PM
#128478   That's actually good advice. But they'll probably janice shell 10/19/17 06:05:35 PM
#128477   LOL!! Hilarious! janice shell 10/19/17 06:04:20 PM
#128476   LWLG - new IHUB poster Integral is a 236T568 10/19/17 06:04:08 PM
#128475   LWLG - strategy to attack IHUB bashers 236T568 10/19/17 06:02:24 PM
#128474   LWLG - yep, the 236T568 guy is a 236T568 10/19/17 06:00:26 PM
#128473   LWLG - ha! Janice Shell the boss of 236T568 10/19/17 05:56:40 PM
#128472   If one creates an electronic currency say, BogusCoin, Arthur 10/19/17 05:45:43 PM
#128471   One just appeared last week, BLKCF, also based Monksdream 10/19/17 05:26:14 PM
#128470   from Monksdream 10/19/17 05:05:58 PM
#128469   Guess I'm not being clear here. You're correct, KittP 10/19/17 04:59:07 PM
#128468   I see the pump is on. Evidently janice shell 10/19/17 04:57:21 PM
#128467   Note for reference: BKLLF, 360 Blockchain Inc., Canada, Renee 10/19/17 04:48:38 PM
#128466   Crazy they actually use the name of a janice shell 10/19/17 04:44:45 PM
#128465   Janice - do you know what this is janice shell 10/19/17 04:32:59 PM
#128464   Notice how the promoters are using the phrase janice shell 10/19/17 04:29:18 PM
#128463   LOLOL!! Do they really believe people won't janice shell 10/19/17 04:26:53 PM
#128462   SEC Files Fraud Charges Against Microcap Company and scion 10/19/17 04:18:58 PM
#128461   What is EMBA? ProfitJunkie 10/19/17 03:29:41 PM
#128460   With EMBA as part oy their resume - Sylvester2017 10/19/17 02:14:19 PM
#128459   A lot of people and they will ALL Sylvester2017 10/19/17 02:11:26 PM
#128458   Oh i wouldnt know about that - i Sylvester2017 10/19/17 02:10:19 PM
#128457   Looks like another cliff for the lemmings to ForReal 10/19/17 01:11:38 PM
#128456   Right. Washington office with a Japanese domain. KittP 10/19/17 01:02:09 PM
#128455   I think you missed the point. But appreciate KittP 10/19/17 12:59:55 PM
#128454   maybe that is the one investigating them. lucky,mydog 10/19/17 12:59:43 PM
#128453   Crazy they actually use the name of a samsamsamiam 10/19/17 12:56:18 PM
#128452   You didn't say whether all parties in the KittP 10/19/17 12:56:05 PM
#128451   John D Thomas samsamsamiam 10/19/17 12:52:19 PM
#128450   you gunna be rich. rich, i tell ya. lucky,mydog 10/19/17 12:41:24 PM
#128449   Wait maybe that's from my offshore MM who samsamsamiam 10/19/17 12:39:05 PM
#128448   ainmaker/RAKR attorney letter integral 10/19/17 12:34:09 PM
#128447   I was just wired $1.2 million dollars! samsamsamiam 10/19/17 12:33:09 PM