The SEC has a page devoted to how to spot microcap fraud and HHSE now has every single item on there so far besides the end all of a an SEC suspension.
Watch out for these “Red Flags” when investing in Microcap Stock:
Unusual Auditing Issues Insiders Own Large Amounts of Stock Odd Items in the Footnotes of Financial Statements Assets are Large but Revenues are Small Spam SEC Trading Suspensions