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hey guys. if i wanted to be end my account, just delete it, what steps do i have to take? I haven't purchased any higher account status, i just have the normal free account.
hey tryz, in my opinion, as well as many others, I believe they are crooks and may have conducted illegal insider trading activity, evidenced by a clear as day pump and dump. FINRA violations galore.
You see, ole Brian Ettinger, if he is a smart attorney, won't ever push a case forward. Why? Because during the discovery process the dirty underbelly of any trading communications between SCRC officers and Joey Z and promoters will be exposed. For sure, SCRC has been attempting to scrub their emails and clear the dirty trail. However, once subpoenas start flying, people get nervous and the bonds of their relationship will be tested.
Brian E and the rest of the SCRC team want nothing to do with a lawsuit about 16b/17b violations. NOTHING. You think they are going to wage a battle with zero filings, highly suspicious trading activity and a rash of questionable promotional activity?
DO YOU HONESTLY BELIEVE THAT BRIAN E AND JEFFY A AND BOBBY S WANT EXTRA ATTENTION FROM THE SEC AND FINRA? YOU HONESTLY DONT BELIEVE THAT, DO YOU?
Thank you for the humor for the day.
Wow, press releases with no filings? No 2014 K? No Q's for 2015? Yet the releases keep flowing, with absolutely no way to validate them? Not good at all guys.
There is no reason for the audit to take this long.............it is 173 DAYS LATE. Absurd.
There is no audit coming. The company hired KMJ as a smokescreen to buy time so insiders can dump their shares. All the while they will pump out some releases to try to get the SP up.
You should email Tom Shoemaker, the account manager handling SCRC at KMJ. He won't tell you anything but at least he knows shareholders are watching the situation closely and KMJ will avoid repeating some of its past auditing mistakes.
toms@kmjpartnerscpa.com
i wonder when this thing gets dropped to pink no information? surprised it hasn't yet.........
no 2014 K? no filings in 2015?
Speculating on a dead cat bounce or that the sp has hit rock bottom and is due to rise is based upon the premise that the stock in question is actually a solvent company in some form or fashion; meaning, there is a "reason" for the sp to rise, a "reason" that drives the speculation.
in the case of scrc, there is strong likelihood that there are a tsunami of problems currently hitting the company and more to come. lets start: massively delinquent filings, changing auditors, new auditor has been sanctioned before, previous behavior of mgt regarding PIPE shares and questionable business decisions, looming drop to Pink No Information, and speculation that the SEC/regulators have begun to take an interest in SCRC due to possible reporting by disgruntled shareholders.
What goes down doesn't always come up in the stock world.
last ditch stunt, hail mary attempt with little chance of succeeding........but gives the appearance of trying to salvage things.......an appearance that can provide some breathing room for insiders to liquidate their accounts.
listen, kmj is a crooked firm......they have been sanctioned by the SEC and the state of CA.......all public records........they are the only ones who would even look at SCRC's shady numbers......and thats all they will do.....just look.
as i said, expect some fluff releases about "moving forward", "things are going good", etc. remember, scrc management does not have competent legal counsel......so mgt is receiving bad advice from them.....most notably they can keep putting out vague and falsely insinuating releases with no reprecussions
They are unwinding the company and it will eventually be delisted and its trading halted. There are no filings coming; you might see a couple more fluff releases soon trying to get a little volume going so insiders can liquidate their accounts.
But in the meantime average joe retail sharholders should just get out now. Bobby, Jeff and Brian E are seasoned pump and dumpers who have long ago moved on to new and green micro cap scam pastures.
how low can we go with this pinkie pig? lets all email tom shoemaker from KMJ and ask how the audit is going. surely he wants to play it straight and arrow given that KMJ has had enforcement actions against it by the SEC and state of CA.
i think if enough concerned shareholders begin contact mr. shoemaker and KMJ that we could increase the likelihood that KMJ will resist the urge to issue false financial statements on behalf of SCRC. more eyes the better on these guys
toms@kmjpartnerscpa.com
SCRC MANAGEMENT CONTACT INFO:
Jeff Andrews:
Jeff@scripsamerica.com
Brian Ettinger:
Brian@brainettinger.com
Adam Brosius:
adam@scripsamerica.com
Everyone here should email each of these fine individuals and ask them about the destruction of shareholder value
Maybe lets focus on where Bobby's, Jeff's, Brian's and Joey Z's next address will be.........
Anyone have any idea of the federal penitentiary these guys would be sent to? Would be great to hear about Bobby dolling out scoops of mash potatoes in the chow line instead of printing stock.
Jeff A would probably be a punk and dish out special favors on the cell block.
Brian E, a real tough guy, would fancy himself some sort of enforcer and brag about how he fought the meanest micro cap man on the block, Mr. Ironridge, and prevailed. Lol
Joey Z would probably get into some rackets, bartering cigs, doritos and other extra commissary for a couple bucks here and there.
Good luck man. Keep us posted. I think if Mr. Shoemaker and company play funny with the financials, we should report them to the PCAOB complaint center.
The gig is up everyone.........if you have any SCRC toilet paper stock left, best sell it now. This pinky pig is going to the pink-no information very soon. It pretty much won't trade at that point, as even wilson davis doesn't play around with those type of stocks. and i know wdco is a landfill of scrc accounts.
and again, don't be surprised if you see bobby s, jeffy a, brian ettinger, joey z and the rest of micro cap a-team on a micro-cap fraud indictment. the otctoday.com has a newsletter in which they follow pump and dumps and also publish info on micro-cap indictments.
Well, Joey Z and the Gang are known for some truly insightful due-diligence and quant analysis when it comes to SCRC:
Some of my all time favorites:
1. I have a feeling this thing is about to take off........
2. The fearless leadership of SCRC will take the stock to greener pastures.....
3. I am feeling bullish about SCRC
4. September to remember
5. November to remember
6. All signs point to major gains in the sp
7. You only lose if you sell
8. PIPE shares rescued the company
9. I have complete confidence in SCRC management
10. I have never sold a share. Buy and hold, buy and hold
Basically, Joey Z is in the same stock picking company of the Oracle of Omaha..............
We should contact the SEC and FINRA. The crooks at SCRC are gone to the wind with the money. Only recourse now is for the regulators to bring justice. Enough burnt shareholders contacting them and they will give a look. Bet on it.
And given the simplicity and blatant nature of the fraud, it will be easy, low hanging micro cap fraud fruit to pick.
Oh, here is how to get a hold of FINRA: http://www.finra.org/investors/investor-complaint-center
Wait a second, here is how to get a hold of the SEC: http://www.sec.gov/complaint.shtml
Hey fellas. Take a look at the SCRC 10K countdown clock......only 139 DAYS LATE!!!!
http://www.tickcounter.com/countdown/20150415120000am/w2520/1/THE_SCRC_10K_COUNTDOWN
Straight up blue chip behavior. It is obvious SCRC is led by an A-List management team. At least with ole Bobby S we were able to get some good laughs from his absurd press releases and statements.
I swear, SCRC management got a Masters from Micro-Cap Fraud College with a concentration in Pump and Dump.
Hasn't SCRC missed their Q2 10Q? When does this pinky get dropped to the Pink No Information, the skull an crossbones?
Any update on the 10K? Or maybe some Q's?
Anything?!?!?!
Claude,
You need to compile all communications you had with this person who got you involved in SCRC, who told you to invest into the PIPE offering.....all emails, etc. Try to write the substance of all conversations you had and correlate to days, dates and times if possible......cross reference your phone records. This information, along with some thoughts described below, can maybe help you. I am not an attorney and am not providing legal advice, but rather simply offering suggestions regarding potential courses of action you can take to address your grievances.
As for 16(b) violations, maybe say in your SEC complaint, that "it appears there have been numerous 16b violations from both current and former insiders and management of ScripsAmerica. These individuals include Adam Brosius, Joseph Zampetti and others."
As for 17b violations, this involves undisclosed promoters receiving stock from SCRC but not openly declaring so on the internet that they are paid promoters......in a sense, these groups, the CORE, are acting like average retail investors who are being compensated.
here is the actual statute:
"It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof." (15 U.S.C. § 77q(b).)
So, in your SEC complaint, maybe say "it appears there have been numerous and continuing 17b violations of undisclosed promoters providing what they say to be "independent" opinions of SCRC stock but, in fact, they have been compensated with millions of SCRC stock. These individuals include Joseph Zampetti and Adam Brosius, the current SCRC President."
Again, the purpose of the doing this, of communicating with the SEC about SCRC, is to provide them a list of aggrieved shareholders who believe they have been defrauded by SCRC management and insiders. Enough complaints from shareholders and an SEC agent will most likely start poking around at SCRC and when they do, they will see clear market manipulation and a slew of violations and open a case file on them. From there, it will take time, probably over a year, but they will build a file on them and we will hear about ramifications eventually.
We all know what is going on with SCRC, its just that we don't have the legal and federal tools to lay the hammer done on these guys. The SEC does.
Revenge is a dish best served cold.
go to this webpage for directions on submitting your information: http://www.sec.gov/complaint.shtml
yes, indeed. very shady bunch here. there are so many toxic crumbs and boulders around SCRC that all the SEC needs is a whiff and a curious investigator to bring the house down and get some subpoena's rolling on these boys
Alleyba, can you shed any more light on Brosius and his activities with SCRC? Or his old links to management?
Everyone should submit tips, anonymous or not, to the SEC regarding the 16b and 17b violations as well as any other violations you suspect. If the regulators just spent 5 minutes digging into SCRC, we will see subpoena's flying to Jeff A, Brain E, Bobby S, Adam B, Steve U and the all rest of the gang. Guarantee it
http://www.sec.gov/complaint.shtml
Riddle me this:
If there are not inconsistencies in their financials, then why haven't they posted the 2014 10K yet? Why no audited financials?
We don't know if they were purposefully mis-reporting financials, innocent calculating errors......who knows.
We do know that the filings are delinquent and that is for a reason, a reason that is not good. Mix in that with a tsunami of PIPE shares and general market distrust of SCRC and you get a 3 cent stock.
I believe Joey Z is in charge of IR now........he is dusting off his P&D Playbook for another run with SCRC. To kick off his catalysts, we are going to most likely see press releases about the following topics:
1. Management believes the audit is going great
2. Management looks forward to updating shareholders in the near future
3. Management are encouraged that they will only have to dilute the company with 10 Million shares of toxic PIPE financing to keep operations going
4. New head of Investor Relations, Joey Z, releases a new hit single remix of Joe Budden's "Pump it Up" to build shareholder camaraderie
5. Management announces they found a Bangladeshen auditor to certify their audit
6. Joey Z announces a cross country roadshow to tout SCRC, called the "Sub-Penny Express"
7. Management announces the re-re-re-launch of RapiMed
8. Joey Z releases another hit new single remix, this time of Bachman Turner Overdrive's cult favorite "Gimme your money please"
9. Management are so impressed with Joey Z's musical talents that they announce they are entering the music promotion and management business, with Joey Z being their first signed talent
10. SCRC announces newly signed musical genius Joey Z is set to release his first album, titled, "To Pump or To Dump"
SCRC tutorial:
This little Pinkie is toast. Management is incompetent at best and criminal at worst. CHP was right in that the entire BOD and current officers need to be replaced. Every last one of them.
Any mgt team that hops into the flea infested bed of Joey Z over and over and over again is unfit to lead a public company. The whole thing reeks of one big insider enrichment scheme
Well, rest assured Joey Z and Bobby S are ready to sell, sell, sell. All they need are some quality suckers to fill their orders.
For a bit of historical humor, do you remember when Joey Z and Bobby S were spinning that the late filings were a good thing? That the only reason the audited financials were late was because of how much money Main Ave was doing?
I have heard some wild penny stock news spinning before, but these guys most certainly take the cake.
Remember that investor ppt that they took from their website? The one Bob presented at the LD Microcap conference? That thing was pumping out huge sales numbers. $30M in sales for Main Ave in 2014...........$900K in sales by PIMD for 1Q 2015. SCRC even filed a Form FD on the report.
How come that report isn't up anymore? Could it be that because the report had false information and influenced investors to buy stock? Just throwing that out there.
Kind of fishy.
Also, SCRC put out so many pr's regarding their explosive sales, pr's that have not been backed up by actual audited financials. All those pump pr's are going to come back to haunt SCRC
LOL.
Yes, you are a member of the CORE and you did nothing to save the company with your PIPE stock. Really?
Look at the share price for gods sakes.........your PIPE investment was a gimme for those on the inside track with SCRC mgt, you know and we all know it. And the stock is now at 2 cents. But, lucky for you, all it has to do is get above 5 cents for you to make some money.
You only see these sort of toxic PIPE deals in penny P&D stocks. Please, dear kaleb, point one another legitimate stock, legitimate company, that has done toxic PIPE deals like SCRC and is here today going strong and is a beacon for investors?
There might be a couple exceptions, but as a rule toxic PIPE financing is that just, toxic.
Maybe you are having a senior moment and I hope you are enjoying the .025 stock price.
Maybe
Who knows the conditions SCRC's financials. Perhaps the old auditor wanted nothing to do with the account due to the problems and in reality dropped SCRC as a client.
SCRC is basically auditor shopping. Not a good thing
I am thinking this is more along the lines of what is coming up for these boys. More 16b violations than we can count, paid promoters acting liking average joe retail, undisclosed principals galore.......you name it and I imagine it is going on. God knows what else has been going on.
Lol, I mean, they were putting out major press releases and investor presentations stating $30M in revenues from Main Avenue and close to a million in revenues from PIMD in Q1 2015. Investors bought stock based upon that information........if that information is not true, then that is fraud.
Anybody notice how SCRC took down the LD Microcap presentation from their website? I wonder why that is? Could it be that thing was stuffed to the brim with faulty numbers? Why else would they take it down?
Amateur hour
The game is up. The CORE and everyone else with PIPE and free shares are trying to get out before we reach goose eggs. Bobby S is probably dumping too.
I would imagine that Bobby S, Jeff A, Brian Ettinger and the rest of the officers/directors/insiders have counsel on stand-by because it is almost a guarantee there will be complaints to the SEC relating to numerous 16b violations.
Lol. Told you guys this was coming. The CORE are leaving like rats off of a burning ship. Or is this bobby s pounding the stock?
Celtic Green Baby!!!!
SCRC management should be committed to a micro-cap mental asylum.
SCRC is a fleabag. Ettinger has a nice little history with some questionable mirco-cap companies......GBRC anyone? Give a look fellas
Or Mr. Ettinger's involvement with Worldwide Strategic Partners? Ever heard of them? Or maybe Stephen Payne, head of Worldwide Strategic Partners, who was caught in a video sting trying to selling political influence?
Here is Mr. Payne, international man of mystery, the jason bourne of international diplomacy:
http://blog.chron.com/txpotomac/2008/07/video-houston-businessman-stephen-payne-ensnared-in-london-newspaper-sting/
http://harpers.org/blog/2008/07/worldwide-strategic-shakedown-partners/
Please, everyone, research more into this and share thoughts on whether Mr. Ettinger is a good fit for SCRC?
Thanks!
Meaningless release.
"Approved orders"? How about they let us know when they actual book the revenue
And the new CEO is assuring us they will be preventing new dilution going forward; as if stock dilution is some powerful separate entity that strikes without notice, something out of their control. I guess when you have been issuing so many free and PIPE shares like confetti you end up not even realizing you are doing it.
Anybody find it curious that this thing is stuck at 5 cents?
Wait a second.......hold on now...........what was the price of the 28 Million PIPE shares SCRC doled out to the CORE? Wasn't it 5 cents???
Making sense to you all now?
Lol.
ScripsGate.
RapiGate.
RapiGate............the truth shall be dissolved
Lets do a SCRC 10K Countdown Clock Review:
Just 94 days late. No biggy. Who needs filings anyways? Filings are for whiners and non-believers. Why have filings when you have the word of Joey Z and CORE?!?!?!?!
Guess we need to fire up a 10Q countdown clock as well...............
http://www.tickcounter.com/countdown/20150415120000am/w2520/1/THE_SCRC_10K_COUNTDOWN
The results of new management have been profound in such a short period of time. A new era of professionalism has arrived at ScripsAmerica.
Anybody have any thoughts on when Bobby S can start dumping his 100K shares a week? Are his shares subject to a 6 month hold? Or does he have a chunk of free trading that he can work with?
Also, since he is not an officer, what will his overall trading restrictions be? Will he have to file Form 4's every time he sells? Doesn't he not own over 5%?
Just curious as to when ole bobby will start to meaningfully contribute to the success of SCRC through dumping 100K shares a week. That, my friends, is a true market catalyst and most certainly a buying opportunity.
Don't hold your breath.
But don't worry, Joey Z calls SCRC "the comeback kid", so that should enough for investors to go all in.
If the roots are rotten in a tree, trimming some branches does nothing except provide an exercise in window dressing
bob got himself a nice rapi-parachute to smooth his exit from the company............but lets all breathe a sigh of relief that bobby s can only dump 100,000 shares a week as part of his departure. because that is exactly what ScripsAmerica needs to get back in the game: more selling!
the 8k reads like a bad comedy where you almost can't believe they are doing what they are doing and still expect the audience to be amused.