I am wondering when the SEC will ever shut down the OTC market completely. It makes sense, or at least place strict legal limitations on how often you can dillute a stock.
These companies aren't companies...they never were. They're just paper.
Yes they do make mistakes. There human beings just like anyone else. If the sec workers were perfect human beings they would have a job getting a paycheck they would be trading investing and making hundreds of Millions. There just normal people who also happen to make mistakes.