INFO: Scam Checklist:
Courtesy of Guapo, on HSM:
* - Late filings, and endless excuses for the lateness
* - Heavy Dilution (for ex, OS increases three-fold in a few months even during buyback and still increasing daily)
* - Blaming low stock price on short sellers, while the company continues to dilute heavily.
* - Company executives pumping their own stock
* - Questionable O/S and Float (OS increasing everyday)
* - Inaccurate SEC filings (Keep padding and inflating fake assets on filings)
* - Constant company delays
* - Previous reverse splits, stock symbol and company name changes, sometimes accompanied by changes in the business they’re in (1 for 25 RS last December)
* - CEOs with past histories that indicate they were involved in previous pump and dump schemes
* - Company executives spending a lot of time doing other things than conducting business
* - Companies that hopscotch from one business to another (Check Business description under their last filing, they have been hopping from business to business)
* - PRs containing 'weasel talk' (Read their financial statements and fluff PRs, always inflating revenues, income and property values upon acquisition and contract numbers)
