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However, given today's weather forecast of 30+", I have to think revenues for January may now be $5M. I just think the number will be lower given the holidays coupled with the snow storm. Some say it may be the worst snow storm ever recorded, even worse than the famous blizzard od 78.
MAV has its HQs in Clifton, NJ. I have to think it may even closed given the blizzard and the Garden State Parkway likely being closed to traffic with NY warning travelers to stay off the roads. Just a week of lost revenues at $250k/day is about $1.5M.
The smartest thing the people who own SCRC shares whomever they are can do, is put your shares away and let things play out.
Numbers don't lie.
We will be selling at a minimum of .60 cents this year.
To be clear, it's not just "core group" investors who have pipe shares. There are investors who have the shares that are not in the primary "core group"
Do you really think a group of 8-12 people purchased 22 million shares?!
The way things are going SCRC should make anywhere
from .04 to .07 a share for 2015.
At fifteen times earnings that puts a minimum price
of .60 cents for 2015.
Not too shabby.
DILUTION UPDATE:
In response to the questions I have been receiving from fellow investors, here is my estimate of the remaining dilution facing shareholders. I will first break it down into two high-level categories:
(1)
New dilution coming off restriction and expected to hit the float
(2)
Existing dilution that has been sitting in the float as overhang but has yet to flush thru
W/regards to (1), we are in very good shape (based upon the Q3’14 10Q anyways – we will see what new dilution was issued during Q4’14 when the 10K comes out in a few months).
We only have approx 900k more shares that are on restriction that will gradually unlock between now and mid-APR-2015. Compared to the 52M shares that were staring us in the face over the past 9 months, we are in the best shape we have ever been in w/respect to plugging up the hole at the bottom of our boat and stemming the tide of new water flooding into the boat. Now we can actually make headway as existing water already in the boat gets dumped out bucket by bucket (i.e. as existing dilution already sitting in the overhang flushes out bit by bit).
So, here is how the 900k breaks down:
• 38k shares will unlock on 1/26/15 priced at .10
• 10k shares will unlock on 1/26/15 priced at .10
• 156k shares will unlock on 1/31/15 priced at .09
• 156k shares will unlock on 2/2/15 priced at .09
• 88k shares will unlock on 2/25/15 priced at .09
• 21k shares will unlock on 3/7/15 priced at .10
• 45 (yes, 45, not 45k but 45) PIPE shares will unlock on 3/17/15 priced at .05
• 439k shares will unlock during the first 2 weeks of APR-2015 priced at various levels
So long as even nominal volume continues, these should all be manageable – nothing like the nonstop periods over the past 9 months where we would be having hundreds-of-thousands to millions of shares continually unlocking within days of each other. The biggest bump in the road would be the two tranches of 156k shares unlocking 3 days apart from 1/31/15-2/2/15, but these should not take more than a couple days at the most to flush thru.
Note that all of these shares are discounted quite steeply and so, based on current price levels, are priced for immediate sale as soon as they come off restriction.
Certainly, considering that SCRC is still in a relatively early stage of its development, it would be unrealistic to expect ZERO dilution going forward on a quarterly basis, but hopefully we can keep it manageable at no more than 1-1.5M total shares per quarter. As the sp rises, the number of new shares that SCRC issues should decrease as the value of each share now is worth more, so it should take LESS shares to pay for whatever services they are being issued for.
So now let’s talk about (2), the existing dilution that is already in the overhang…
First, understand that there is no exact science behind this and there is NEVER any way to know for sure. That being said, I have found that for penny stocks, there is a statistical pattern/relationship that has historically shown to be tried and true in being a fairly reasonably accurate gauge for this. As such, here is what remains IMO:
• Priced between .06x and .11x ----- 0 shares left ----- started out w/15.0M shares (all gone, IMO)
• Priced at .12x ----- 1.0M shares left ----- started out w/4.6M shares (priced to sell at around .168)
• Priced at .13x ----- 0.5M shares left ----- started out w/1.4M shares (priced to sell at around .182)
• Priced at .14x ----- 1.5M shares left ----- started out w/3.1M shares (priced to sell at around .196)
• Priced at .15x ----- 0.8M shares left ----- started out w/0.8M shares (priced to sell at around .210)
• Priced at .16x ----- 1.0M shares left ----- started out w/1.0M shares (priced to sell at around .224)
• Priced at .17x ----- 1.9M shares left ----- started out w/1.9M shares (priced to sell at around .238)
• Priced at .18x ----- 0.2M shares left ----- started out w/0.2M shares (priced to sell at around .252)
• Priced at .19x ----- 1.0M shares left ----- started out w/1.0M shares (priced to sell at around .266)
• Priced at .20x ----- 0.9M shares left ----- started out w/0.9M shares (priced to sell at around .280)
• Priced at .27x ----- 0.6M shares left ----- started out w/0.6M shares (priced to sell at around .387)
• .05 PIPE stock ----- 8.0M shares left ----- started out w/22.0M shares (always priced to sell immediately)
Not too bad. Especially considering the gaps in the “priced to sell” levels, as the remaining estimated volume left at each price level is now small enough to be manageable once they become priced to sell (although, as I opined previously, I do believe that there will be another wall of resistance at .24x due to the sizeable 1.9M shares of .17x stock that will become priced to sell at that level – and this 1.9M isn’t even factoring in the outstanding convert notes that are priced to convert at .17).
With regards to the .05 PIPE stock, it is my opinion that now that all the shares have unlocked, whatever immediate dumping that JOEY Z and his core group of Section 17(b)-violating criminal promoters and penny-flippers-turned-amateur-financiers intended to do has now been done and that the remaining shares represent their “free lotto tickets” that they will hold the majority of for the time being. As I had opined over a year ago, it is still my belief that at every additional “bag” that they earn, they will sell incremental tranches to lock in more profits. It should be evident to anyone who has been paying attention that their efforts to minimize selling competition for themselves as they dumped their 0.00 and 0.05 PIPE stock by encouraging others to hold by proclaiming that they had no intention to sell for years because they were looking for 10-20 baggers and not simply 2-3 bags was a clear lie.
In any event, for those who asked for my estimates, here you go. You can choose to disregard my numbers and dispute my methodology, since as I stated at the onset, there is no exact science and no way for anyone to ever know for sure what lurks in the overhang – BUT, my methodology has proven reasonably accurate more often than not in the past and has proven to be a reliable surrogate that can be used to predict upcoming volatility and resistance levels that traditional TA metrics will never show. So take it and use it if you wish or disregard it if you wish. All I know is that it has enabled me to pretty much call SCRC’s price action pretty dead on for over 12 months now, most recently the call that the run would stall at .20x and hit a wall – which it most certainly has – well before any TA indicators suggested it.
The SEC filings and a dash of common sense folks. That’s all you need to make bank here w/SCRC.
After all, I am sure that you would agree that whether someone is paid to promote a stock or someone participated in a PIPE financing deal, that IF THEY TRULY BELIEVED IN THE LONG-TERM FUTURE OF SCRC AND TRULY INTENDED TO HOLD FOR THE LONG-TERM, then it can actually do wonders for the public’s confidence in the stock if they weren’t trying to hide it.
After all, if someone who is holding 0.00 and/or 0.05 shares of stock is willing to publicly – and proudly, as you have done – disclose that they are the holders of these shares, then this sends a VERY STRONG message to the retail public that the holders of these shares are NOT afraid of anything because they are supremely CONFIDENT in SCRC’s ability to become a powerhouse one day in the near-to-mid-term-future. It proclaims LOUDLY the simple message: “We could have been paid in cash, but we believe in the future of SCRC, so rather than take much needed cash from SCRC as payment for our promotional services as other promoters typically do, we agreed to take stock so that our futures are tied together with SCRC’s future. We may have been paid to promote SCRC but we are NOT simply paid mercenaries – we actually believe in the company we are promoting. We are so confident in SCRC that we are putting our money where our mouth is by disclosing the fact that we are the holders of the 0.00 and 0.05 stock.”
Compare this to the scenario where the holders of the 0.00 and 0.05 shares of stock are refusing to disclose their conflict of interest, especially when the vast majority of the public already knows who most of the recipients are. THIS scenario sends the OPPOSITE message and instead of instilling confidence in the retail public, it instills suspicion and skepticism. It proclaims equally loudly: ”We could have been paid in cash, but we wanted free stock so we can dump and make bank as soon as the shares unlocked. And those .05 PIPE shares? Yeah, cha-ching on those as well.”
I truly believe that the holders of the remaining 0.00 and 0.05 stock have a tremendous opportunity RIGHT NOW to instill that confidence in the retail public marketplace. Those holders who wanted to sell have likely sold the quantities they wanted to dump by now, so I would imagine that whatever shares remain in the float really do have a higher probability of being “locked away in a vault” for a longer period of time. If this is really true, then there is now nothing to lose BUT SO MUCH TO GAIN for the other promoters and financiers whom the SEC filings have disclosed issuances of stock to, to follow Kenbe’s lead and disclose their respective conflicts of interest.
I will be quiet on this board until SCRC PASSES .30
Can we get a countdown clock as to when SCRC will close above .21?
ALL ABOARD 25TH STREET NEXT STOP FOR THE SCRC EXPRESS.
No on can stop the inevitable.
The people who are on board will be making a lot of MONEY.
If Joe Z was selling as much has been said he has been doing over the last 8 to 10 months he would be a Multi Millionare. He could retire and live the good life.
It is all a lot of bull that is being said about him.
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I know quite a few investors and traders and hf managers who are quite pleased with the way SCRC is being run by Robert Schneiderman.
it's always easy to be a Monday morning quarterback.
Bob S and Joe Z , they are the dynamic duo!!!!!! Without their efforts you would be looking at .0001.
RSI continuing to re-set itself nicely.
The RSI of 70 is now at .2195 and the RSI of 80 is now at .2804...
...now if we could only get those "highly motivated" sellers who hold the deeply discounted stock (gee, I wonder who they could be, hmmmm???) to keep their pants on for more than a few seconds at a time before under-cutting each other on the ask and then racing to see who can hit the bid first, then these TA metrics can actually mean something, LOL...
In the meantime, just focus on SCRC and how to make it a better company.
With many observing the Martin Luther King holiday today, it is both ironic and sad to continue to see that JOSEPH ZAMPETTI, a hand-picked promoter who has been paid quite handsomely to pump the living daylights out of SCRC stock, simply cannot stop hurling around homophobic slurs as part of his promotional efforts.
Not only does this abhorrent behavior continue to reflect poorly on SCRC and damage us shareholders, but it also puts shame on BS Schneiderman.
So to you, BS Schnedierman:
You have been aware for well over a year now the tactics that JOSEPH ZAMPETTI employs to pump SCRC stock. Last week was NOT the first time he has publicly used a disgusting homophobic slur. He has been hurling them without care for at least a year now if not longer. For you to continue to stand by and support this racist/homophobe is disgraceful.
You have plundered shareholder equity by diluting your shareholders to the tune of 28M shares worth of 0.00 and 0.05 PIPE shares that you doled out to JOSEPH ZAMPETTI and his criminal core group of securities-fraud-engaging promoters (over 20% of the O/S count and almost 40% of the float, for crying out loud) and now you stand idly by as he continues to hurl abhorrent slurs.
Your silence as well as his continued use of homophobic slurs implies your consent and approval of JOSEPH ZAMPETTI’s disgusting behavior. This is how you want SCRC to be promoted to the market???
To answer one of JOSEPH ZAMPETTI's questions re: "What other OTC stock has JOSEPH ZAMPETTI and his core group involved with it?" Well, the answer, to JOSEPH ZAMPETTI's delight, is: NONE. Well, BS Schneiderman, there is a reason no other OTC company wants anything to do with JOSEPH ZAMPETTI and his core group of criminals. But YOU did. Think about that.
What is ironic about your implicit approval of JOSEPH ZAMPETTI’s approach to touting SCRC stock is that, in principle, being a racist/homophobe is NO DIFFERENT than being an anti-semite, which is something that I would imagine is near and dear to your own heart and would be something that you certainly would not tolerate, BS Schneiderman, is it not?
And that hypocrisy, BS Schneiderman, is what makes you even more of a disgrace than JOSEPH ZAMPETTI is, and not just to SCRC, but to all of humanity.
I continue to hope that upon uplisting, enough TUTs will buy in and claim seats at the table and exert their collective influence to install new management at SCRC. It is painfully evident that not only do you tacitly condone and support JOSEPH ZAMPETTI’s use of homophobic slurs, but you have also shown an inability to control company expenses and unlock shareholder value to the maximum extent. Regardless of where the sp goes, the numbers already bear out that the sp should be exponentially higher at every stage.
Went back on the (Form 4's 4/A and 5) 2013-14 seems around the 1st of the year (between Dec & Jan ) the Directors get an addional 100K shares, I fiqured that was a yearly Longevity bonus program for being on the Board of Directors for more than a year or so! IMO Im still learning here on the filings!
looks like each board member gets 100,000 restricted shares for each year as a director payable after Jan 1, of each completed year of service plus 4,000 per Board meeting.
financials will only hold more support for when this runs up prior to release.
Those were shares granted for attendance at board meetings:
I am curious to see what the diabetic supply program has done revenue wise. What do you think?
As I also mentioned in a prior post, so long as volume stays at least 700k-800k per day, I am content, as it will keep us on an acceptable pace to flush thru meaningful levels of overhang in a reasonable period of time.
the biggest obstacle from financier shares lurking in the overhang will be getting thru the .20 barrier and then the .24 barrier, as these represent the levels where the highest quantities of dilutive shares can be expected to be sold into the float.
I don't mind telling you that those pipe shares are few and I mean very few that I got
The 28 million shares you reference regardless of how you get there are no more. There are about <11 million pipe shares left, so why keep bringing up the 28million?
Why not also reference the notes that are now gone as well?
Also when you comment about the criminal joez and his core you do reference the core as pipe share holders in the same sentence. Sorry if I got confused by what you meant there and I'm glad I understand now YOU ARE NOT CALLING PIPE SHARE HOLDERS CRIMINALS. That is a big relief.
You're misunderstanding what I'm saying about the pipe shares. I AM NOT TALKING ABOUT FREE SHARES mind you. A person who had pipes had about a .04-05 cent buffer from the share price. Does a person who bought at .10 also not have a buffer but an even better one at .10?
People aren't getting screwed here.
Yes it's too bad about the crash in July 2013 but that had nothing to do with the core group or Joe zampetti. In fact its been determined already how it happened.
Are the people at .055 in a better position than .10? Sure. But aren't both making money?
About the China trip. It's unfair to pass something as fact when it's not proven just because the negative can't be proven.
This mb could get very misleading very quickly if that were the case. I like to work with facts personally, not insinuations.
Here's to another day of strong trading. Can't wait for the January revenue numbers. Hoping for another 5 million plus this month.
Alleyba says............................
..................that it is his understanding that Zampetti is not allowed to post on this board
otherwise, not only could he defend himself....he would have you taken down every time you attacked him which you as a moderator know as well as Alleyba.
Alleyba would go one step further if JZ knew who you really are he would not hesitate to take you to court for all the false accusations made against him.
If SCRC does start doing business in China then BS has delivered. End of story.
The gibberish Alleyba refers to is the constant reference to the nickel shares. It is just getting old and too repetitive.
You just seem to ignore fact company now turning profit and as a shareholder do you not feel compelled to at least say something bullish on that issue?
With regard to posting the same thing over and over.....shareholders are capable of doing their own due diligence and do not need to hear the same stories over and over..they can go back to older posts.
Alleyba maintains those had the guts to lend the company money deserve to make money. You would expect to receive interest os some form of compensation on any personal loan you might make. I do not believe you lend money not expecting a return.
I cannot remember Zack’s ever covering a penny stock so there must be something they like
now that BS stopped the paper what do you have to say?
Triumph remains convinced, a bank that put up $4M dollars recently I would say is a great endorsement.
he believes SCRC will ultimately be doing business in China.
It is beginning to sound more and more to me that you have been speaking gibberish as this stock continues to run form .085 to .21 on good news.
Do you mean to say this company is not turning a profit? Are you saying the run rate on the compounding will not be $60 million this year?
Quite honestly Alleyba says that you continually post the same thing over and over again.
Libelous and scandalous statements against Joe Zampetti who cannot defend himself
and the .055 stock and again Alleyba says the .055 stock was a gamble by the shareholders that put up THEIR MONEY AND TOOK A RISK.
What if the stock dropped to .02 then what would you be saying?
I think everyone knows about the nickel stock and enough is enough
Still a POS? Looks that way it seems. Weren't we supposed to be at above a $1 in 2014 or something? All those BS claims and absolutely nothing. Perfect example of a scam penny stock.
All in all, this is a very good post, Peach. One of the better ones I have seen here in a very long time. Maturely conveys the investment growth potential while acknowledging the high degree of inherent risk. These are the types of touts that won’t turn off newbies coming to check out SCRC.
I believe my expectations on the future pps of SCRC will be accurate.
I am not saying that the pps will go to the moon.I am saying that major news along with positive monthly numbers each month could elevate SCRC straight to a dollar by the end of 2015.
IT'S ALL RISK REWARD...I expect a 5 to ten bagger on any penny stock I buy.The risk in all pennies is extremely high.
a lot of us here have been here 2 years and are more familiar with the fundamentals of SCRC.
I'm still confused. I am a core group investor in SCRC and I am not a criminal. Why exactly why am I being called a criminal? Please explain with facts and specfics if you can. Thanks. I never got a response yet.
Also, where does it say no trip was ever made to China?
Bob S delivers on his word
it's just general protocol
I asked my HF buddy, who is worth $50m and he said we need supply and said we don't care who owns what.
Scrc has NOT entered into any additional notes since Oct 22nd, 2013. All notes and converts have left the building
since Dec 12th at .1097 to Jan 11th at .19+, almost 99% higher in 1 month.
my eyes and ears tell me it's hedge fund buying. I also know there was a hedge fund buying this week from .18 to .20 . It is not short covering rather $ that is being put in by HFs. Btw, this is not a guess, it is a fact.
I'm a core group member. Why am I being called a criminal here?
Like EVERY OTHER OTC COMPANY, treat investors like mushrooms, keep them in the dark and feed them bullshit. Swing trade the F'ing thing and laugh all the way to the bank.
I have yet to find one OTC company that keeps investors properly informed. What a F'ing SHELL GAME. As far as I am concerned every CEO is a USED CAR SALESMAN, you cannot believe a word they say or publish.
OTC site says 8,000,000 a/o Dec 29, 2014. You said "8m 2 years ago and is currently 75m". Confused! Is somebody lying on the OTC site?
Share Structure
Market Value1 $27,314,629 a/o Jan 09, 2015
Shares Outstanding 137,328,451 a/o Dec 29, 2014
Float 8,000,000 a/o Dec 29, 2014
Authorized Shares 250,000,000 a/o Dec 29, 2014