Canadian judge forces DeepCapture.com to pull content
A Canadian judge has ordered DeepCapture.com, a U.S.-based “anti-naked shorting” web site, off the Internet after a penny stock promoter accused the site of defamation. Altaf Nazerali, a stock promoter...
View ArticleSEC moves against Longtop Technologies for failing to file accurate reports
The SEC has filed an administrative proceeding against Chinese company Longtop Financial Technologies, Ltd. (PInk Sheets: LGFTY:PK), saying the company had failed to file its financial report for the...
View ArticleMedical company sues investor Vicis over billing scheme
Medical Solutions Management Inc., a medical equipment company, has sued Vicis Capital LLC claiming the hedge fund forced it into a medical billing scheme. Continue reading →
View ArticleKerrisdale issues report on ChinaCast Education Corp.
Kerrisdale Capital Management says in a new report that it has found evidence that the main operating subsidiary of ChinaCast Education Corp. — a company regarded as “the one shining beacon within a...
View ArticleSEC charges Heart Tronics Inc., formerly Signalife Inc., alleging “brazen...
The Securities and Exchange Commission has brought fraud chargesagainst Heart Tronics Inc. (Pink Sheets: HRTT.PK), its co-chief executives and the husband of its majority shareholder, alleging that the...
View ArticleTwo convicted of stock fraud in Florida
Nathan B. Montgomery, the head of a company featured in an earlier Sharesleuth story on Mesa Energy Holdings Inc.(OTCBB: MSEH.OB) and a defendant in a civil securities case brought by the SEC, was...
View ArticleFormer Rockwell Medical executive alleges SEC violations
The former head of drug development at Rockwell Medical Technologies Inc. (Nasdaq: RMTI) says the company and its chief executive knowingly issued false and misleading press releases and violated other...
View ArticleSmall Companies, Big Questions: Who secretly got millions of shares of stock...
(Part one of a three-part series) In the spring of 2005, a publicly held dating business called Universal Flirts Inc. gave up on love and did a reverse merger with a Chinese cell phone maker. According...
View ArticleSmall Companies, Big Questions: Who really owned the shell company that...
(Part two of a three-part series) A few weeks after Kandi Technologies Corp. (Nasdaq: KNDI) went public by merging with a moribund mining company, one of its promoters wrote that 4 million of the...
View ArticleSmall Companies, Big Questions: Chinese toll road and shipping companies take...
(Part three of a three-part series) To U.S. investors, buying a piece of a toll road company in one of China’s fastest-growing provinces might have seemed like a pretty safe bet. But the twists and...
View ArticleCustoms records contradict Kandi Technologies Corp.’s electric-vehicle sales...
Customs records do not support Kandi Technologies Corp.’s (Nasdaq: KNDI) claim that it sold thousands of electric cars in the United States, a Sharesleuth investigation found. The records, which...
View ArticleVirtual Piggy Inc: Developer of safe payment system for young people has...
(Editor’s Note: Sharesleuth has taken down the story on Virtual Piggy Inc. (OTCBB: VPIG) that appeared under this headline last Friday. We will publish a revised version shortly.)
View ArticleKandi Technologies Group Inc.: Where are the Go-Karts?
When the global economy collapsed in the fall of 2008, the sharp drop in consumer spending threw the power sports industry into a steep decline. Sales of motorcycles, go-karts and all-terrain vehicles...
View ArticlePretenders and Ghosts: Stealth promotion network exploits financial sites to...
By Chris Carey Kevin O’Connor, Jim McNair and Russell Carrollo contributed to this report Meet George Ronan. Again and again and again. The George Ronan who talked up a succession of small public...
View ArticleCool Mara Riot: The big money, bitcoin-biotech daisy chain
By Chris Carey Jim McNair contributed to this report (First of two parts) Three companies whose stock made big moves last year are linked by undisclosed relationships that raise numerous red flags...
View ArticleCool Mara Riot, Part Two: Securities-fraud case against South Florida group...
By Chris Carey Jim McNair and Kevin O’Connor contributed to this report When financier Barry C. Honig was waging a proxy fight for control of the company that became Riot Blockchain Inc. (Nasdaq:...
View ArticleMarathon Patent Group: Chronology of share transactions shows group facing...
Marathon Patent Group Inc.’s latest financial reports provide new details on suspect securities transactions by financier Barry C. Honig and his associates, and raise more questions about the company’s...
View ArticleFormer Trump cabinet member has $90,000 consulting deal with questionable...
Jim McNair contributed to this report Former Interior Secretary Ryan K. Zinke, who resigned last year amid multiple ethics investigations, is a consultant for a mining company created and financed by...
View ArticleDo cbdMD Inc.’s celebrity endorsers know who they’re doing business with?
Jim McNair contributed to this report Two-time Masters champion Bubba Watson, who refers to himself on Twitter as a Christian, husband, daddy and golfer – in that order — has lent his name and...
View ArticleTelestone Technologies revisited: SEC letters reveal doubts about revenues...
Recently released letters between the Securities and Exchange Commission and Telestone Technologies Corp. (Pink Sheets: TSTC) show that regulators have significant concerns about the Chinese wireless...
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