“Fine” is probably a little subjective. If the SEC acted on every penny stock’s “projection” then the entire OTC would shut down pretty quick...which might not be a bad thing...but that is not how they operate or how it works.
I can say the potential of my kid’s lemonade stand is a $1.5-2 Billion business.
While not a straight out lie, it is a highly unlikely scenario.
But most penny investors like to hear the %0.000001 chance “potential”...and many penny CEO’s are willing to feed that.