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Why would anyone buy penny stocks either? This particular company has a proven product. I see potential here, and want to invest. You don’t have to. But I want the freedom to do so.

Be my guest. Restrictions on investing, and there are hundreds, tend to PERSIST for a reason, and the reason is usually the incompetence and inertia of goobermint.

Go for it, mate. If you're sufficiently keen about it, there will always be a way. I still question your rationale, but, hey, it's your capital, not mine.

I am unaware of any regulation that prevents you from buying ''penny stocks'' for your own account. There are regs that prevent you, or have the same net effect at least, of your buying them for qualified retirement accounts.

If you fancy the stock, then buy it. I believe that, once goobermint starts taxing retirement accounts (which it will, sooner or later), that we are going to see an absolute orgy of stock speculation, in the attempt to beat out the goobermint. Do please remember, though, that penny stocks sell for pennies for a REASON.

As Billy Joel once noted: ''You may be right, I may be crazy'', but the only truly crazy attitude of which I'm aware is trusting in ''modern'' (cough) statist goobermint to keep its word.

Up to you, m'friend. Good luck to you!