"My own personal decision is to invest in companies including Penny stock that do not jump from one deal to the next while burning shareholders fund and showing zip zero results year on year."
With respect Finn, I understand your frustration but it does show me that you don't really understand the true nature of Penny stocks. It is all about survival and diversity until they can drive home their profits. That comes from 30+ years following and investing in Pennies in all sectors.