Not very common. Most penny stock scammers like to keep their expenses low so that more money goes directly from shareholder pockets to their own.
aving a million $ office is a penny stock scam whereby a CEO dilutes shareholder value to pay NYC rent.
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution