Quanta Inc (fka QNTA)

[PennyWorld]

I say..... let them have their day in court. Innocent until proven guilty. The SEC occasionally must prove their net worth, so they go after the little guy who has little resources to defend themselves.

Over the years I've seen many, many other penny stocks that have clearly defrauded the investors by pumping and dumping followed by an R/S. They then repeat the cycle (R/S, pump and dump). Yet the SEC seldom ever goes after those fraudulent schemes. Sometimes the SEC investigations are political in nature.

It's government. Just like the FDA approving COVID vaccines with very little testing (NO long term testing), yet they almost never approve a COVID therapeutic. Why does the FDA do that? Because they receive very lucrative "User Fees" based on drug sales. So they have a corrupt incentive to approve drugs from big pharm like Pfizer over the little guy. It's government which can be very disfunctional. JMHO of course.