You are right. There are risks to losing every penny you "invested". Isn't that part of the overall game when playing pennies though? Risk vs benefit and how big your wager is...
GLTA! Go ICBT!
Everything I post is my opinion only! I'm not a licensed investment advisor rather a small fish trying to make it to "Big Fishville" and "Whaleville" through penny stock investments. Please do you own research prior to investing in any stock