Yesterday we were introduced to Terra Inventions Corp ( OTC:TERX ) through the emails that we received from Stock Mister. We did a proper research we definitely didn't like what we found. We saw a company whose shareholders have been tormented with tens of stock splits, changes in the number of authorized shares, dilution, paid pumps etc. We were expecting that TERX will drop like a stone yesterday, but it didn't. In fact it gained a respectable 10% in the share price. That sounds somewhat illogical considering the facts that we managed to dig out yesterday. Among them is the scandal that took place after the X Prize back in 2010, when they won but instead of pocketing $2.5 million, they got nothing. That wasn't the end of the story, though, and some allegations were fired at TERX which meant that they had to pay $10 thousand a month to a company called Fine Mobile. They weren't able to do it and their assets were seized by the county sheriff. [BANNER] Speaking of debts, TERX has a lot of them. One of which was to a company called ALG Financial LLC, and predictably, they weren't able to pay it off. Instead, they preferred to convert the loan into TERX shares and on January 31, the 8-K form required to disclose the unregistered issuance of securities was filed. ALG received nearly two million shares, which caused further dilution to the current shareholders but that's far from the biggest problem. ALG then went on a paid Stock Mister $15 thousand for the three emails that they sent out. We did the math and we found out that if ALG are to sell all of their shares at the current price, they will make more than half a million dollars. With yesterday's additional increase, their profit could be even bigger. Apparently they have not taken advantage of it and the TERX remained relatively stable. Investors are not out of the woods yet, though. We mentioned how painful an experience it could be, being a shareholder at TERX, and a further research proves it. Back when the problems with the X Prize arose, TERX were put under the microscope by New York Times. Apparently they have spent quite a lot of time digging around and they found out that while they were traded under one of the many ticker symbols that they had over the years, they were investigated by SEC and were also alleged numerous times of performing a pump-and-dump scam. On the whole the details about TERX's past are sketchy at best and ticker symbol changes and name changes come more often than revenue does. We reckon, TERX have some deep secrets to hide and we would advice you to be careful when you are considering your options. Of course, we always advice you to be careful and especially when it comes to promoted penny stocks. To give you yet another example of how badly these pumps end up sometimes, we have included Location Based Technologies Inc ( OTC:LBAS )'s chart for the last month. You have probably noticed the big red candle on February 8. That is precisely when the promotional campaign for them took place with Stock Mister being among the first to send out their emails.