I believe the SEC made the right decision. There are far too many scammers disguising themselves hiding files behind the attorney's letter and deceiving investors with improper filings. Unfortunately, many inexperienced investors are drawn to misleading, hype-driven news, only to end up with nothing when the hype dies down and they’re left holding the bag.
Right now, the OTC market is virtually dead. At some point, it will come alive when enough investors have learned to do proper due diligence.