Maybe not, Ophelia.
Using death spiral toxic financing, raising funds off-shore, selling 60,000,000 dilutive shares for $400k in an "acquisition," and other employing other, innovative financial concepts are available to professionals who play this game.
The honest retail customer is only getting the negative side of the equation, i. e., persistent dilution and falling share prices as a bad downside resultant combination. The honest retail customer may have already written his check, but now he may never have to write another and yet suffer the consequences of his perhaps "unwise" investment. All IMHO.