Patten Energy Solutions Group Inc (PTTN)

[nodummy]

I agree with you, but unfortunately, scams often go uncheck in the OTC markets for years.

The fact is that the SEC has limited resources. They only have so many people that can investigate the scams.

And it often takes more resources to investigate non-SEC reporting pink sheet companies.

And often with non-SEC reporting pink sheet companies, there is less money to be recovered, so as "low hanging fruit" the pink sheet companies get over-looked.

There are literally thousands of pink sheet companies not providing adequate information and being used for pump and dump scams and stock manipulation:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162049645

It is far, far, far more economical for them to just get rid of dead companies that are not providing adequate disclosure (to prevent future frauds) than to go after each and every pink sheet company that is defrauding the public.

But that doesn't mean that the SEC isn't involved in dozens of investigations against public companies, company insiders, and promoters defrauding the public as we speak. There may even be active investigations going on right now against some of the social media stock manipulators they have referenced in the recent suspension orders.

They did suspend COUV earlier this year, and they carry out new litigation almost daily:
https://www.sec.gov/litigation/litreleases.htm

The best way to get the SEC to investigate a public company that you think is defrauding the public is to file a complaint.
https://www.sec.gov/tcr

They do review and act on many complaints they receive.
https://www.sec.gov/news/data.htm