DD Support Board and Research Team

[Renee]

For the SEC to put out another blistering alert on ICO's every OTC stock in this new sector is at elevated risk of an SEC Suspension.

https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-alert-public-companies-making-ico-related

Pertinent excerpts: (black hilites mine, particularly the non-sensical references which is a common practice of offending companies)

Some companies are not required to file reports with the SEC. These are known as “non-reporting” companies. Investors should be aware of the risks of trading the stock of such companies, as there may not be current and accurate information that would allow investors to make an informed investment decision.

Investors should also do their own research and be aware that information from online blogs, social networking sites, and even a company’s own website may be inaccurate and potentially intentionally misleading.

Be especially cautious regarding stock promotions, including related to new technologies such as ICOs. Look out for these warning signs of possible ICO-related fraud:

Company that has common stock trading claims that its ICO is “SEC-compliant” without explaining how the offering is in compliance with the securities laws; or

Company that has common stock trading also purports to raise capital through an ICO or take on ICO-related business described in vague or nonsensical terms or using undefined technical or legal jargon.

Look out for these warning signs of possible microcap fraud:

SEC suspended public trading of the security or other securities promoted by the same promoter;

Increase in stock price or trading volume happening at the same time as the promotional activity;

Press releases or promotional activity announcing events that ultimately do not happen (e.g., multiple announcements of preliminary deals or agreements; announcements of deals with unnamed partners; announcements using hyperbolic language);

Company has no real business operations (few assets, or minimal gross revenues);

Company issues a lot of shares without a corresponding increase in the company’s assets; and

Frequent changes in company name, management, or type of business.