It does seem that way-after the nadir of the market Mar 2009 (Dow 6500) the govt was still too busy w fallout from the great recession-precipitated in part-as per congressional investigations by shorting-Lehman brothers fell 62% in 1 day I believe. The huge corporations whose unregulated derivatives of derivatives who were leveraged beyond belief-much worse than banks-and thus were also a major part of the problem- got huge bonuses and huge bailouts-and apparently govt couldnt fight the huge number of lawyers the big boys had-then fall/spring 2010/2011 attention seemed to be begun to be redirected against penny stocks -which had nothing to w precipitating the recession.
Its all very odd-almost every penny promoter will sell his grandmother for a penny if they get shares or cash- they dont need a bribe to do what they do-they simply dump their shares at the most beneficial pps for them and crash the stock -which is why Bulllitt quoted Bob as saying he would never do a promo again after an earlier promoter dumped his shares and crashed the stock-a situation joev etc are still complaining about to this day
the libelists and shorters are really having a hey day- it is like looking into the abyss when u realize their souls/consciences are so dark
remember linking to their posts puts money in their pockets -I did once by accident today in dealing w the onslaught ,