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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: 8/23/2017 12:22:44 AM - Followers: 2014 - 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.



#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
#125550   I honestly have no idea. Like you I'm penknee 08/23/17 12:22:44 AM
#125549   S-1/A. Feel better now? penknee 08/23/17 12:14:27 AM
#125548   When the management dances to every tune the dinogreeves 08/22/17 11:59:34 PM
#125547   That link made my year so far. KittP 08/22/17 11:50:56 PM
#125546   I am just a nobody visitor to this KittP 08/22/17 11:50:05 PM
#125545   That's not right, he was such an honest KittP 08/22/17 11:46:56 PM
#125544   It will be interesting to see if those KittP 08/22/17 11:44:53 PM
#125543   One day it will be a real jail. Renee 08/22/17 11:43:03 PM
#125542   I think you're right. It sounds like they KittP 08/22/17 11:38:27 PM
#125541   We intend for our Common Stock to be KittP 08/22/17 11:32:54 PM
#125540   Oh sure, always next month. KittP 08/22/17 11:30:24 PM
#125539   I see you have been investigating him for Magnum7419 08/22/17 11:17:24 PM
#125538   Oops... jobynimble 08/22/17 11:11:33 PM
#125537   "This was in the S-1 from July 2017. " loanranger 08/22/17 11:06:03 PM
#125536   Huh? malc stone 08/22/17 10:53:57 PM
#125535   Clearly he is involved here, but no evidence Magnum7419 08/22/17 10:51:07 PM
#125534   Oh, I wasn't aware Joseph Wade Mezey is malc stone 08/22/17 10:15:25 PM
#125533   Now that I'm done with SIGO and away Nickftw 08/22/17 10:09:22 PM
#125532   Thanks for the input Arthur. Income malc stone 08/22/17 10:03:23 PM
#125531   I learned to put the evidence to the Magnum7419 08/22/17 09:44:40 PM
#125530   A picture is worth a 1000 words Magnum7419 08/22/17 09:35:35 PM
#125529   Nonsense. If NASA was run by someone who penknee 08/22/17 09:33:08 PM
#125528   Thanks. Monksdream 08/22/17 09:24:58 PM
#125527   Based on your DD the moon landing has Magnum7419 08/22/17 09:13:02 PM
#125526   Here's a copy of their lease. They're subleasing penknee 08/22/17 09:12:56 PM
#125525   That's a good point. penknee 08/22/17 09:06:40 PM
#125524   My gut level reaction is it's all illusion. Monksdream 08/22/17 09:06:09 PM
#125523   I was thinking the same thing. They could penknee 08/22/17 09:05:57 PM
#125522   Apparently it is a trick question as I Magnum7419 08/22/17 08:59:30 PM
#125521   But remember seeing a grow operation stockmasterflash 08/22/17 08:59:18 PM
#125520   "According to the S-1 they both would also loanranger 08/22/17 08:56:31 PM
#125519   If someone writes you a check for $1,000.00 KittP 08/22/17 08:53:09 PM
#125518   According to the S-1 they both would also penknee 08/22/17 08:45:09 PM
#125516   I see, thanks. So those two owners are KittP 08/22/17 08:28:38 PM
#125515   2. TJ has 36.8 million and Valerie penknee 08/22/17 08:22:10 PM
#125514   I didn't check but do you know how KittP 08/22/17 08:16:14 PM
#125513   SIGO is a scam, The people running the greens12 08/22/17 07:25:21 PM
#125512   The Company incurred net income of $2,967,808 compared Arthur 08/22/17 06:48:06 PM
#125511   Hello integral. We have some accounting questions malc stone 08/22/17 06:23:35 PM
#125509   It was a penny stock. I've set up Serje1 08/22/17 03:53:12 PM
#125508   Oops. Correct. surfkast 08/22/17 03:37:01 PM
#125507   It depends on the State. Some do, some 1manband 08/22/17 03:22:29 PM
#125506   Really? That's interesting. janice shell 08/22/17 03:14:25 PM
#125505   Every state has as set of statutes with integral 08/22/17 03:12:56 PM
#125504   "In many states the criminal provisions regarding bad Magnum7419 08/22/17 03:06:43 PM
#125503   With regard to SIGO and its two officers, Monksdream 08/22/17 02:58:44 PM
#125502   If someone writes you a check for $1,000.00 janice shell 08/22/17 02:57:08 PM
#125501   You are so right and yet so wrong. integral 08/22/17 02:54:06 PM
#125500   Thru the eyes of a prosecutor......I am very serious....... janice shell 08/22/17 02:45:40 PM
#125499   Martin Shkreli Was ‘His Own Worst Enemy,’ Juror Says scion 08/22/17 02:42:19 PM