No, the word "scam" is used to express a person's opinion of a stock. This being the OTC, good luck discerning what the company puts out with regards to being the truth or not. That's the main purpose of doing one's DD.
Take, for example, the Form 4s that came out. When it was pointed out that they were not open market purchases, Pickett began noting they were compensation for salaries accrued.