Utopiacap.com launched to the public in July 2019, initially with eight “Hindsight” reports, which looked at suspect tickers after their price declined.  

From August 2019 we started focusing on carefully timed short reports which seek to act as short calls as well as warn potential investors/traders of suspicious tickers. From November 19, 2019, our short reports started being 3rd party verified by  www.breakoutpoint.com

In total, we have covered and published thirteen short reports/calls (twelve profitable), ten of which have been tracked by Breakout Point (nine profitable). Giving us a 90% 3rd party verified success rate.

For more about us click HERE or read latest reports below.


United Health Products, Inc. (Pink: UEEC), numerous lawsuits, CEO and product have been unsuccessful for over two decades, Shares sold for $0.0725 by CEO as recently as 2017, Mailbox address, dubious accountants

First published: 9:00 am EDT, August 22nd 2019. A healthcare product manufacturer from Nevada, UEEC is in the business of producing a “patented hemostatic gauze for the healthcare and wound care sectors. The product, HemoStyp®, is derived from all natural, regenerated oxidized cellulose and designed to absorb exudate/drainage from superficial wounds and help control bleeding”. A noble cause no doubt, maybe this could explain the 120% share price increase over the last couple of weeks [...]

August 22nd, 2019|

Discovery Gold Corp. (Pink: DCGD) Part 2, A closer look at main shareholder’s other investments

As previously stated DCGD’s shares have been subject to a rather suspicious price increase for the last month or so despite the company being a shell. This has coincided with their stock being featured on the pennystocks.com website which we pointed out yesterday. Pennystocks.com is website with a disclaimer where it is clearly states that it runs advertising campaigns for certain clients in exchange for money (we clarify that DCGD is not listed as a [...]

August 8th, 2019|

Discovery Gold Corp. (Pink: DCGD) Part 1, featured on pump site, majority stake recently purchased for $0.0021/share, laughable financials

DCGD is less than meets the eye. As their last 10Q shows they hold $25 in cash, operating loss stands at $26,779, total current liabilities amount to $171,107, accumulated deficit stands at $8,603,892 and revenue was non-existent (1). Put mildly, DCGD's financials are not great and unless there is a drastic turn around in the way the business has been run recently, the financials are unlikely to improve. Things don't seem to have improved when [...]

August 7th, 2019|

TiVo Corp. (Nasdaq: TIVO), recently featured on a promotion newsletter, colourful past, shareholder with a track record of expensive lawsuit settlements

A stock recently featured on a promotion newsletter (this feature was not paid for) (1). TiVo Corp. describes itself as a “global leader in media and entertainment products that power consumer entertainment experiences and enable its customers to deepen and further monetize their audience relationships.” It came into inception on April 2016, when TiVo Inc. and Rovi Corp. merged through Rovi’s acquisition TiVo. Rovi’s is no stranger to controversy. In 2015, Christian Keller. Rovi’s vice [...]

August 2nd, 2019|

Smith Micro Software, Inc. (Nasdaq: SMSI), previous class action lawsuit, shareholders named in recent fraud lawsuit

A software developer and a recently promoted stock (1), its shares saw a price increase of over 70% between July 25th and July 29th 2019. Their past is a bit colourful, they were subject a stock fraud class action lawsuit (2) which was filed by their shareholders in November 2010 and alleged SMSI had "issued materially false and misleading statements regarding the Company's business prospects and financial results" . In addition, some of their shareholders [...]

July 30th, 2019|

Taronis Technologies, Inc. (Nasdaq: TRNX), very colourful past, recent name change, reverse split, underwriter faced legal issues in 2018, transfer agent sued for fraudulent transfer in 2017

An Arizona based technology company claiming to develop synthetic fuels, TRNX is no stranger to controversy. Formerly known as MagneGas (MNGA), it raised a few red flags back in 2015 when it was discovered that it’s auditor had been barred by the SEC for “falsified and backdated audit documents”, their owners at the time were spending 12 x times on insider compensation than on R&D, had accrued over $32 million and losses with dilution greater [...]

July 30th, 2019|

LifeQuest World Corp. (Pink: LQWC), $50,000 landing page paid for by shareholder, attorney with a bad reputation

A water company which claims to possess a novel wastewater treatment technology. Its price saw more than a two-fold increase during the first two weeks of July. Unsurprisingly, it has been promoted and even has a landing page (1). Said landing page was paid for by Antevorta Capital Partners for the sum of $50,000. Antevorta also happen to hold 2 million shares (2) … and they also hold/held shares in Vaccex [...]

July 30th, 2019|

United Cannabis Corp. (OTCQB: CNAB) Creditor involved with various promoted stocks, auditors subject to damning PCAOB report

Yet another cannabis penny stock with some dubious links. Its price has more than doubled between the end of June and mid-July 2019, less than two weeks later it had fallen by 40%.  It has been  featured on website which receives payments for promoting stocks (whether they have been compensated for featuring CNAB is not specified)  (1), which was also the case back in September 2016. Tangiers Global LLC hold $1.5 million in convertible notes [...]

July 30th, 2019|

Environmental Control Corp. (Pink: EVCC), transfer agent subject to SEC lawsuit, US liaison has links with shell-hijacker/custodian

A producer of emission control devices, EVCC has been in business since 2004. Despite this they haven’t filed any SEC quarterly or yearly financial reports for the last 6 years. Their share price saw an increase of over 1,200% in a three-week period between mid-June and early July. The price then proceeded to drop by over 70% in a three-day time span. A curious finding concerns EVCC’s stock transfer agent, Empire Stock Transfer. According to [...]

July 30th, 2019|

Vaccex, Inc. (Pink: VCEX), $150,000 landing page promotion paid for by shareholder, attorney has been subject to a fraud lawsuit

A pharmaceutical company based in Boston, it has not filed any SEC documents in over 13 years and their shares have been recently given caveat emptor by otcmarkets.com. The most likely reasons for being awarded this badge of honour is its recent and unusual price activity, which saw a 1200% increase between June 21st 2019 and July 9th 2019 (from $0.15 to nearly $2.00) and their use of a landing page. It has since been [...]

July 30th, 2019|

CLIC Technology (OTCMKTS: CLCI), infamous attorney, suspicious shares transfers involving offshore nominees

Yet another promoted ticker (1) that has been recently given caveat emptor by OTCmarkets.com. Its price saw an 800% increase between June 11th and June 17th this year hitting a price of $2.76 per share. Three days later the price had dropped back down to its pre-June 11th level.  CLCI has somewhat of a history which has been uncovered in an article by nodummy (2) from otcmarketresearch.com. We highly recommend you have a look at [...]

July 30th, 2019|