SEC scrutiny issues...

What exactly does the SEC do?  Why do they allow companies into trading platforms that don't adhere to Federal Laws?  

Why would the SEC allow a 300-1 reverse split without clearly looking at the books and history of the BRVO?

Why are penny stocks allowed into the market by the SEC when you see mass dilution, delays on reports, potential insider trading and offshore accounts?

What will the SEC do to BRVO management if the individuals are convicted of fraud through manipulation?  What will happen to BRVO as a company? The few individuals are pursuing their case against the current BRVO management, where will they stand if they win the case and how will it benefit us?

This was definitely an expensive lesson for me for not investing in anymore penny stocks and listening to people who pump for their own selfish greed. I was definitely played and naive of trusting.  I hope KARMA exists.