Scam or not, it makes little difference as it is just a ticker; A means for short term trading like everything else on the OTC, particularly subpenny. These are not investments, so worrying about if they are long term good companies is useless.
If you look at my track record, most of my subpennny trades (successful) can be argued as 'scams', but all that mattered is they are used as short term trading mechanisms.
As part of trading these types of stocks, I always assume the dilution factor over time as part of the reality of trading these & I never trust companies & CEOs of these stocks to be fully honest in the longer term; therefore I never invest in these, I just short term trade them with primary focus on the technicals (short term).
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