Hello otcbargains,
I have been a shareholder for many years waiting for this growth in revenue to take place with SCRH It is finally here. When I purchased SCRH stock I started at $1.00 and SCRH only had 3 clubs open. I have a large position with an average cost of .20 cents. This company will return back to a $1.00 or higher with month to month increases in revenue all going higher. SCRH has 20 large shareholders that I am aware of and are long term shareholders. We hold about 25 Million shares combined. I am shocked that someone has 500,000 shares for sale a $.028 and 750,000 at .04 cents. It is possible that they purchased shares over time at lower prices and want to sell out for a gain. In the past the only 2 investors that did major posting are myself & Badman. I think new investor have a great opportunity with SCRH, however this stock does not trade a great deal of volume every day. If it did, the stock would be trading at $1.00 in a couple of months. If you can read the old posts from myself and badman I think it would be helpful for all new investors. If you add up the float,Mr.Gans holds I think owns 108 million. My group 25 million plus. This equal 133 million out of 165 million. This leaves 32 millions share outstanding. The company I believe has 1000 shareholders. The free trading float I believe is less than 32 million because many investors have small position. I spoke to the company and they claim the current scores holding website has not been updated since 1981 and they are in the process of updating it. They also claim soon they will be sending out a shareholders letter to update current shareholders. I am trying to get an update of the total number of club that scores has to date . I think it is 22, however i will confirm that. They generate revenue by charging a flat rate of $10,000 a month for each new club or a rate of 4.99 % of the new clubs revenue. It varies by size of the club and agreement. They do not own any of the clubs,strictly Intellectual property rights. Very little expenses. If the company does any promotion of this stock we will easily trade between $.25-.50 cents.
I hope this is helpful to all of you new investors.
Blackcat7717
