About

Sharesleuth.com is an independent Web-based reporting aimed at exposing securities fraud and corporate chicanery.

Call it journalism. Call it investigative blogging. Call it what you will.

More than 13,000 companies are listed on U.S. stock exchanges. Analysts for brokerages and independent research firms track fewer than half of them. Overburdened examiners at the Securities and Exchange Commission review only a fraction of the filings that come their way.

If you've spent any time digging through muck and rot in the lower reaches of the stock market, you know that many investment opportunities are not what they seem, and that some companies are the creation of predators and pretenders. Sharesleuth.com aims to create a new line of defense by using investigative journalism techniques and a worldwide network of amateur and professional stock detectives to identify suspect companies.

What we're about
Unlike some other investment sites, we won't base our reports on intensive financial and technical analysis. It will be a rare story that mentions trailing EBITDA, discounted cash flow, Bollinger Bands or Stochastic Oscillators. Sharesleuth.com will scrutinize the people behind the companies and the stories behind the stocks.

We're looking for companies that were built for fraud, for executives who are enriching themselves at shareholder expense, and for businesses whose behavior runs counter to their stated objectives or to the public interest. 

Full disclosure
In certain instances, the majority partner of Sharesleuth.com is going to make personal investments based on information we uncover. Those investments will be fully disclosed, so that readers can evaluate any potential conflicts of interest.The reporters and editors , however, will maintain policies of not holding individual securities, and we will report Sharesleuth.com stories no differently than we have others throughout our careers.

The bottom line
Sharesleuth.com will pursue stories based on their journalistic merit, their potential public impact and their entertainment value. We believe that the end result will speak for itself. You can subscribe to our RSS feed to track when new entries appear. Please feel free to leave comments, or email us with story tips.

Because of the sensitive nature of this site, we require that all posters register with an e-mail address and be authenticated first. We reserve the right to edit or delete potentially libelous information.

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Xethanol Corp. founder creates new public company

Christopher d'Arnaud-Taylor stepped down as chief executive of Waste2Energy Holdings Inc. last week but remains that company's biggest shareholder. READ MORE

Stock promoter Irving Kott, a frequent target of regulators, has died in Canada

The Canadian financier, who had a long history of civil and criminal violations, was 78. READ MORE

Letters reveal hidden holders of Pure Play Music stock

Many of the entities that received shares have ties to Regis M. Possino, a two-time felon and disbarred attorney who has provided financing to numerous penny stock companies. READ MORE

Son of China Fire chairman gives up $30 million in stock

SEC filing discloses another shift in the ownership of a large block of stock issued when China Fire & Security Group Inc. went public through a reverse merger with UniPro Financial Services. READ MORE

Barred brokerage executive has second alias

A barred brokerage executive running a stock promotion firm in San Diego changed his name, he says, to honor his father. But a third name has turned up, too, this one in connection with a lawsuit against one of his companies. READ MORE

Chris Carey, Editor
chris@sharesleuth.com

Tips & Story Ideas
tips@sharesleuth.com

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