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I think ALL SHORTS are in the process of covering.
we heard about a short 2.6m Dec 15th to Dec 19th and since, the stock has exloded to upside, nearly doubled. Frankly, if short, they have not covered.
Analyze the Trades and you will see that SHORT COVERINGS drove this PPS this high the last 4 trading sessions.
Did not see any major retail buying.
Major resistance at .21 plus.
So bottom line it is not 22m at .055 plus 17m at prices between .09 to .20 equaling 39m. To be clear, only 22m shares at .055
If anyone has questions regarding what SCRC has on the books regarding dilution email Bob@scripsamerica.com or give him a call. Make an informed decision, as the saying goes, get it from the horse's mouth. Let me stress again THERE ARE NO NOTES LEFT AS SCRC WENT THRU 39 NOTES OVER THE LAST 18 MONTHS. IRONRIDGE WHO HAD 12M SHARES IS LONG GONE.
Regarding the 17m shares price at levels from .09 to .20. What that is are the reported prices on the BB of when each .055 transactions were done.It is required that scrc reports the prices and share count from .09 to .20. for example wwhen a few investors got involved last january you will notice approximately 918k shares and anoth 918k shares were priced at .20. That was when the raise started. Hence investors back in late jan got 1.8m shares at .055 however the Price at the time of the distribution was .20 which is required to be reported. when u look at the 17m shares in the area of .09 to .14, you will see more ahares In that area priced in the filings as the price was coming down Feb to April, hence more shares priced in filings. I am 100% sure of this information. 17m shares have to be reported what the prices were at the time of the .055 raise. This is factual and are only shares out there are 22m priced at .05y5. 17m shares. Between .09 to .20 are the actual prices that are a necessary requirment to be part of the filings.
the 17m shares are a PAPER TRANSACTION NOT ADDITIONAL SHARES I am certain of these facts.
More beauties from JOSEPH ZAMPETTI…
I stand by my comments that the 17m shares are NOT REALITY
THE SHORTS ARE GETTING FRIED.
So far I am up 100% on my SCRC holdings.
How much higher do you think pps of SCRC will go in 2015.
Well, I think we should spend the next 2 hours trading at the same price. How about .199???? Seems to work, doesn't it? If you are selling, move the ask up. Isn't that the idea?
common shareholders will have to wait their turn while pipes are digested thoroughly. Even if it takes another 9 months roughly.
Woof! Woof! Another gem from one of JOSEPH ZAMPETTI’s obedient little CORE lapdogs:
That guy over in ihub chp is actually a short. Makes sense he is always trying to discourage people from buying
Oh, JOEY JOEY JOEY… …you really should stop with this incessant “Open Mouth, Insert Foot, Rinse, Repeat” approach, as it really is quite unbecoming of someone who is supposed to be an esteemed official ambassador of SCRC the way you have been paid by BS Schneiderman and, by default, the rest of us shareholders to be – not to mention it is embarrassing to SCRC as well as to BS Schneiderman himself (assuming, of course, that he even realizes that it is something that makes SCRC look bad and SHOULD embarrass him, LOL)…
There has been much chatter that the stock has hardly budged as intensive sellin. dec 12th .1097 now .19 not bad 75% in 3 weeks pretty good. No we are hearing the rsi is heating up at 100. Which is it the stock barely moving or the rsi heating up???????
I will say this the 17m shares of financing SPOKEN ABOUT ARE A MYTH. Where are the financiers???????????????? in 15 months we have not entered into any new agreements for converts??????????? Yet there is a poster at ihub who is making strong statemements of 22m plus 17m shares at prices from .0065 cents to .2790. And to boot he claims priced to sell at exact prices???????????? He is giving faulty information without question. In essense he is trying to create havoc.
he is a total ............ you fill in the blanks.
tHIS POSTER HAS ZERO CREDIBILITY AND IF YOU LISTENED TO HIM YOU MISSED OUT ON AN OK MOVE OF 114% THE LAST 3 MONTHS.
Some people paint him out to be a crook.
There's plenty of crooks in pennyland and most of them keep sticking and moving while avoiding flack him staying here for as long as he has tells me he believes and has believed in SCRC.
He didn't issue the notes the company did; he helped deal with them.
And I mentioned that 05-06 range cause some folks said it would crater the stock
I'd feel like I was slighting the guy if I didn't state what my eyes have seen.
You should only know what he has done and is still doing.
He gets kicked around while he cannot defend himself.
The people that know him and know what he is doing
are grateful for what he has done for SCRC.
I know one thing for sure. For every, one negative
about JZ there are dozens of positives.
ALL ABOARD 20th STREET NEXT STOP.
I've said it at every phase but to say j zampetti has done a great job here is grossly understating it.
In terms of sustained liquidity and holding the line there aren't many men on the planet who could've played his position.
Now things look more effortless due to the company churning out revs but I do credit him and core dudes with holding the line and buying time
we're closing in on 2 years here since JZ showed up.....I think its fair, understandable and on topic to say he's done a great job
I'd love to see a short squeeze after it pops through .21
I think we see it close over the 52 wk high and it's hard telling what will happen, $.30-$.40 in a day or two is not unreasonable in those situations.
It's very unprofessional and misleading for ihub to not update Scrc news. Head scratcher, think this giving the stock disadvantage
RSI needs to reset a little, closing in on 80
Or if they are present and shorting on this board they would want to discourage buying to keep it low.
I just have a hard time figuring why, even if they had the pipe shares, they wouldn't still try to get the most they could for the shares they are selling.
On the pipe shares there was a 6 month restriction before they could even be sold. So when it was said that they were being sold they were not even off restriction.
People are free to sell what they want.
The point is, out of the many pipe shares there is a very very small percentage being sold.
It's no different from someone who bought at .06, .07, .08 and so on.
As I’ve stated previously, I must thank JOSEPH ZAMPETTI and his cadre of fellow criminal CORE PIPE-holders for continuing to provide such a valuable public service – because without their constant flow of erroneous statements, the truth and the real facts would not stand out as clearly in contrast… …and so without further ado…
DILUTION UPDATE: IN 18 MONTHS SCRC HAS GONE THRU 39 NOTES,12M SHARES IRONRIDGE THAT WERE FREE TRADING,5M SHARES SEASIDE.
WHY DO 90% OF PENNYSTOCKS FAIL??????????? CONVERTS BECAUSE THEY ARE NOT "CONVENTIONAL" AND HAVE TREMENDOUS DILUTIVE EFFECTS WITH DERIVIATIVES.
The company last january did a private placement at a time where scrc failed at rapimeds miserably. They then had a new game plan an idea compounding. No one knew whether or not this would be a successful venture as the company NEEDED $$$$$ DESPERATELY.
Had the company last January went the way of doing CONVERTS AGAIN IT WOULD HAVE BEEN OVER FOR ALL OF US.
WE DID A PRIVATE PLACEMENT 22M SHARES AT .055. Many of the INVESTORS HAD STOCK AT HIGHER LEVELS AND THEY TOOK A REAL GAMBLE
Are there shares that have been sold???? Yes.
As the shares some have been in for over a year and have been sold "responsible" and slowly.
Because these financiers want higher prices when they sell not like converters who intentionally knock the stock down during certain time parameters so they can get more shares and cheaper shares. TOU SEE IF YOU TAKE THAT SAME 1.1M DOLLARS THAT WAS RAISED 22M SHARES IF WE DID CONVERTS IT WOULD BE APPROX 2.5X TO 3X THE AMOUNT OF SHARES AND THE CONVERTS WOULD HAVE CRUSHED THE SHARE PRICE.
I HAVE BEEN TOLD BY 2 VERY SOPHISTICATED INVESTORS THAT WE WOULD HAVE PRICED 50M SHARES AT .02 LAST YEAR AND IT WOULD HAVE BEEN LIGHTS OUT FOR SCRC IF WE WENT THE WAY OF CONVERTS. CONVERTS ARE ABSOLUTELY TOXIC.
DILUTION UPDATE:
Recent unlockings:
12/27/14 --- 600k shares held by a financier priced at .11 (these are priced to sell from .155 on up)
12/27/14 --- 580k PIPE shares held by JOSEPH ZAMPETTI’s criminal CORE (these are ALWAYS priced to sell at any price level)
12/28/14 --- 100k more PIPE shares held by JOSEPH ZAMPETTI’s criminal CORE
12/30/14 --- 1.5M shares held by a financier priced at .14 (these WON’T become priced to sell until the sp hits .196 and up)
1/3/15 --- 447k shares held by a financier priced at .15 (these WON’T become priced to sell until the sp hits .21 and up)
1/3/15 --- 430k more PIPE shares held by JOSEPH ZAMPETTI’s criminal CORE
1/4/15 --- 580k more PIPE shares held by JOSEPH ZAMPETTI’s criminal CORE
1/5/15 --- 22k more PIPE shares held by JOSEPH ZAMPETTI’s criminal CORE
Gee, so I wonder whose shares it will be that will be responsible for the “highly motivated selling” that we will inevitably continue to see holding back the sp from its full potential, hmmm???
I personally think that the OCT "approved orders" number is the single most important monthly PR SCRC will issue as it will represent the first complete month in the post-insurance restriction market for compounded Rx's. This is the first obstacle that SCRC needs to overcome.
The second obstacle, IMO, is to be able to report positive earnings for the first time in the upcoming Q3 10Q. As I have opined on several occassions previously, I believe SCRC should be able to do this.
The third obstacle, IMO, is to be able to report either flat or growing Main Ave "approved orders" during the month of JAN-2015 (to be reported in early-FEB), as 1/1/15 is the final conversion date for the largest employers to implement the new insurance coverage restrictions on compounded Rx's. So JAN-2015 represents the first full month of 100% employer/employee compliance with the new insurance coverage rules.
The fourth and final obstacle, IMO, is to be able to file an AUDITED (remember, the Q's during 2013 have all been UN-audited) 10K next APR-2015 that shows that not only are all the revenues and "approved orders" that have been previously PR'd and reported for Main Ave legit, BUT also that SCRC has applied the VIE accounting rules properly. Variable Interest Entity (VIE) accounting has been a growing hot-button issue in the marketplace over the past year and has caused heartburn to many retail investors as an increasing number of companies who assert that certain 3rd parties are VIE's and therefore qualify to have ALL of their numbers 100% consolidated together, are subsequently being told by their auditors that their VIE determination was improper -- and requiring the company to restate prior period financials effectively wiping out the lion's share of reported revenues. One recent example of this is EWSI. Not pretty. SCRC declaring Main Ave to be a VIE (via Implex) is what has enabled SCRC to claim ALL of Main Ave's revenues as its own even though SCRC does NOT own Main Ave and the only legal relationship w/Main Ave is that SCRC is supposed to only receive a monthly mgmt fee for running the ops of Main Ave.
If SCRC can demonstrate that its Main Ave revenues (not to mention United Apothecary and Jungle Jim's revenues) are NOT materially impacted by the new insurance coverage restrictions AND that it has properly applied the VIE rules, then I would be absolutely stunned if the market continued to treat SCRC as an unwanted stepchild.
what about deductibles being reset - is that an issue that will be faced in the first couple of months? does that even apply to medications?
are there not limitations on the pharmacist to pharmacy tech ratio in california? how could only 1 pharm be able to compound that much in a given month?
I understand there are people that want the price to go down
with the price from .11 just a few weeks ago the price has jumped considerably and I'm sure those day traders are taking profits.
Don't feel those pipe shares are doing as much harm as being projected.
Just as there are traders/investors who buy on dips because they think they have timed the bottom, there are traders/investors who buy on spikes because they think they have timed a top.
Looking great
That series of trades was not a stupid move, it was an orchestrated one
Shorts getting wiped out. Cleaned out here!!!!!
We get some momentum going and in one trade we go from .1749 to .1675. I'm sorry that is silly. the board is set up and you give back 4 or 5%. Take advantage of this, people. If you are selling, make them pay your price. It's ok to increase your ask price as well.
Lost several business days due to holiday, 5.2 mill is incredible.
interesting to find out who and what Seal Point Consulting is?
TYSONS CORNER, VA / ACCESSWIRE / January 5, 2014 / ScripsAmerica, Inc. (OTCBB: SCRC) today announced that its wholly owned subsidiary, Main Avenue Pharmacy, reported $5,280,402 in approved orders during the month of December 2014.
I think one needs to mention the fact that we had millions of share of stock from seaside that we have been absorbing in the past few weeks. Those shares are almost done.
So I might agree if we didn't have those Seaside shares to contend with we would be over .20
At which I hope for a reverse split to get out us out of pennyland. In which case those .05 shares aren't going to make a difference as described.
Also, there's been a discussion of scrc of 2.6m shares on dec 11th to dec 15th. I sure hope they keep shorting do you want me fact it's moved from .11 to .16 since the alleged short of 2.6m was reported. SHORTS Will GET FRIED. It is and will continue to be EXTREMELY expensive to put on a SHORT position at .11 cents for margin