Yes. Yes they do! Roth and LPC sell ATM shares on the open secondary market. These ‘dumb’ funds (zero research) and retail buy those shares. LPC and Roth wire cash to the company. Insiders give themselves raises and cash a paycheck.
It’s basically legalized racketeering to any sane individual.
This has been taking place for nearly 2 decades all the while the company has not produced or sold one marketable product.