Hi Score Corporation (HSCO)

[sabercatpuck]

Don't get me wrong I do still have some shares here and with OLIE too so I am not out of the game either, but I did trade in such a way that my cash currently invested is minimal. For me the big red flag was seeing in the SEC filings that OLIE had done was that their business plan had them being a music production company. That did't really jibe with what they were doing so I had a feeling I didn't want much skin in the game, though I left enough in just in case (I suppose you can still technically hold out hope that the SEC will find them to be legit, but don't hold your breath). In the future I would recommend really looking over a company, if the SEC filings don't fit what they are doing, if the company is showing signs of massive diluting (HSCO was a perfect example of that, there was tens of millions of shares being traded, but the share price was not moving more than a couple points only to fall back down, note in a company that is properly filing they will file a form when they are going to add new shares).
Note, I have only been at this a few months and I am just learning to recognize the patterns too but I can say there are a few stocks down here in the penny's that do look like legitimate companies (and I do have a couple that I really like, one of which I know is real because I can go to a local store and buy their products), but there are a lot of shells just looking to take your money too.
Oh and never forget rule #1 of trading any stock (from the lowest penny to to mightiest blue chip) never invest more than you can afford to loose.