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Alleyba says................
........that in his opinion he has no knowledge of any other companies CEO has been involved in and fully believes that PIMD will come to fruition and that transaction will be fully consummated in the near future. I have not seen any new toxic notes since Bob said he was not writing any. The Tn. plant is generating more and more income each month; moreover, I think it is a matter of time before we expand into the 5 or 6 states that we made application to so we can start selling our products.
With regard to PIMD I believe in my opinion it is alive and well. I believe the acquisition of the compounding company provides a revenue stream that no one expected when they first got involved with the stock. I for one am very excited about the compounding business, the future acquisition of the various state licenses, the fact that we wrote a $200,000 order in Hong Kong which I believe we will be delivering soon and the numerous other items CEO working on.
Alleyba says..................
.............that he believes that every shareholder who owns stock in SCRC does have skin in the game and that no one has a cost basis of 0 even if they owned restricted stock. In my opinion, SCRC has been following through with their forward looking statements and I am sure there are many penny stocks that pay off convertible notes with revenue or how else would the notes get paid off?
But Alleyba is not completely stupid as he understands what you are alluding to when you then talk about restrictive stock. So hypothetically and I ask this question as a hypothetical, as a quid for quo, if you were to lend a company money because you believed in that company and in the CEO, would you not take stock for your loan and for taking that risk would you not feel entitled to receive that stock at some discount off of the market price when you loaned the money or would you say here is money for your company, and by the way, pay me back when you have a chance.
Alleyba says..................
..............that after a long hiatus away he is back and GUTS you made a good point about the compounding pharmacy. There are also 2 other reasons........the drug may be cost prohibitive from the drug maker and the compound pharmacy may be able to make the same drug for less money and/or the drug company stopped making the drug or the cost of one's insurance has increased the purchase of the drug so much you may be able to buy it from compounding company for less. Yes...this is a hidden gem of revenue streams I was not anticipating when I first bought the stock and the CEO has once again shown his creativity in building this company and taking it to the next level.
I for one would like to see similar acquisitions and believe that in order to do the business in Tn. which is increasing every month and to do the business in the NJ compound company SCRC has had to increase it sales force. I think, in my opinion, the increase in the sales force is indicative of SCRC waiting for the green light to start marketing sales in the 5 or 6 other states mentioned in previous news releases to sell the generic and controlled substance drugs.
Alleyba says..................
..............that after a long hiatus away he is back and GUTS you made a good point about the compounding pharmacy. There are also 2 other reasons........the drug may be cost prohibitive from the drug maker and the compound pharmacy may be able to make the same drug for less money and/or the drug company stopped making the drug or the cost of one's insurance has increased the purchase of the drug so much you may be able to buy it from compounding company for less. Yes...this is a hidden gem of revenue streams I was not anticipating when I first bought the stock and the CEO has once again shown his creativity in building this company and taking it to the next level.
I for one would like to see similar acquisitions and believe that in order to do the business in Tn. which is increasing every month and to do the business in the NJ compound company SCRC has had to increase it sales force. I think, in my opinion, the increase in the sales force is indicative of SCRC waiting for the green light to start marketing sales in the 5 or 6 other states mentioned in previous news releases to sell the generic and controlled substance drugs.
Alleyba says............
...........that, in his opinion, if CEO is capable of being a "closer" this stock could explode to the upside. I heard that he has been approached by promoters to promote stock and has allegedly refused because he does not want to further dilute the stock. I also hear from people that have bought the energy drinks that they work and have cured whatever problems they have had; moreover, if bagassee is what everyone claims it to be then they should be selling this like crazy. To the moon Alice!
Alleyba says........................
...............if ALL THAT JAZZ reviewed the Court documents they should be copied and posted on the board and that will tell us exactly what the financials are!! End of story. Cannot counteract what was really filed. Only I know the real invisible man on the board. The reality id that for months I have been following board and so far I see CEO may have a gtrat product but doed not know how to market it. I respect there has allegedly been no dilution but I know of one man who can move this stock in his sleep, however he does not post and would want compensation. I can say one thing for sure........he could easily move this a few cents.
So Peachman......revenue streams are nice but when will we know something in your opinion. Also...if Ecomike states that there were crooks in company taking money why would he not go after them for restirution. Just wondeeing.............
Alleyba says.................
........that he has been trying to accumulate. However, I do not understand why this product (bagasse) has not been heavily promoted. Drought or no drought this is healthier snd cheaper for cattle and horses so why is there not more buying by ranchers and people in the industry? I love the concept. like the fact no paper has been issued, but you keep making claims of greatness and I do not see this stock going anywhere. Care to comment?
Alleyba says..............
...........that he rread your post and knows that Joe Z bought along with his fanily as did I in the .80 and .90 range. I think the money runners had us play into their hands and then all unloaded within a 1/2 hour before the close. I was not very hsppy and I am not going to say that Joe Z pumped and dumped that day. I may be a fool but I do not believe he sold. I beleive he got caught up in the over exuberance of the stck moving up 23 straight days at tha time. Did CEO profit I could not say but I would say his people may have but not Joe Z
Alleyba says..............
...........we will know very dhortly if CEO keeps word and pays next installment due on convertible note. With all of thid paper I am seeing I can wipe my *ss with it for the next decade.
The bottom line is we need to see orders received from Hong Kong and
I do not want to hear they are still waiting on approvals. Since when is China regulaated by FDA? I would like to see the orders from the hospitals and pharmacies that were all ready to go...that would be a step in the right direction as well as announcing the licenses to distrubute and the closing on the PIMD plant. I think now is the time to say something positive and stop the bleeding and maybe CEO needs to surround himself with more savy competent people than who he has advising him now with exception of Joe Z who I deel is doing much work for shareholders and not being to;d the full story by CEO, in my opinion
Alleyba says................
............he agrees with Martin that the announcment of the nxt conveertible should come sooner than later. Apparently, the longer they hold the money the more interest they accrue but maybe they are prohibited from early prepayment and it is not due yet. Until Bob proves me wrong I am of the opinion that the next convertible will be paid before it becomes due. I also think that shareholders need to be updated on a few things as follows (1) PIMD--has it closed (2) status of all DEA licenses for controlled substances and generic substances; (3) announcment of actual orders form Hong Kong and China. All I know is it becomes increasingly difficult to generate buying in the stock because pople got in at .50 and averaged down a few times from there. I know I got in at .19, .26, .55 and in the .80's and/or .90's. I know my family has bought as well as friends so I get hit not only on this board but on telephone calls all day.
Notwithstanding I beleive PIMD will be completed, licenses acquired and next convertible will be paid or I am taking boat to Hong Kong!
Alleyba says.............
.........there is nothing wrong about de-risking. It is all about all of us making $
Alleyba says............
...........I have never diagreed that Joe Zampetti received stock as it was reported in 10-Q. All I am sayng is that te man truly believes in this stock, I know for a fact he has his own money in and is doing very much wihin his power to make money for the two if us. Of course ALL 3 of us never know what is the real deal is and we have to hope CEO is doing everything he is saying he is doing.
In that respect I would like to see that SCRC has secured orders from Hong Hong, closed on PIMD and continues to pay off the convertibles as they become due because I beleive the convertibles are more dangerous than restricted shares when restricted shares are held by good people.
I have made and lost hundreds of thousands of dollars and this is my last foray into a penny stock...so I am hopimg everything comes to fruition and I understand what you are saying
Alleyba says.....
.....quote from you
I have posted on many occasions that I am long SCRC and have been since last summer, when most SCRC investors jumped on board what we thought was a legitimate rocket ship launching. I have also posted many times about the fact that I traded around my core position, as I and many others regularly do w/penny spec stocks, in order to de-risk, and that I now am patiently waiting on my pile of long commons that I am free-rolling w/what is essentially house money.
Am I supposed to interpret that that you are sitting on restricted stock waiting fro your psper to unlock since you are waiting on your house money?
,,Alleyba says...............
...........in my opinion your putting a post about Joeseph Zampetti when you google his name was improper and not the right thing to do. To publically do that when you google his name is criminal in my opinion. While I tolerate your posts you never definitively state whether you own SCRC or not. In my mind, if you own the stock why would you post negative comments? Therefore, I can only conclude because you post with such regularity you are as worse as IHUB and Iron Ridge and that, my friend, puts you, in my opinion, in the same class that you classify Joseph Zampetti. Can you tell me how I may have made a mistake with those comments?
Alleyba says.................
............that you are not taking into consideraton the other streams of revenue. i.e. China and Hong Kong. You also negelct to factor in that SCRC will be receiving licenses in 5 states to sell generic and controlled substance drugs so conservatively extrapolate those numbers 5X TN. Although I do not know if PIMD is done you forgot those revenues as well
Alleyba says.................
............it is documented in the filings what convertibles were done and who received stock. We all know ad nauseum that CEO made very toxic deals but he is trying to reverse course and pay off the convertibles before they become due provided funds are there to do so. I beleive with the revenues they have these notes will be taken care of. I think we all anticipate 4th quarter will not be as strong as we would have liked.....but I think we will be profitable in the 1st quarter of 2014 and this is a long term play and there are those who would like to see price lower to pick up some cheap stock.
As for JZ who was mentioned today on this board he has earned every share of stock he has received because SCRC would not even be at this price if not for him. If SCRC were smart that would have him as the CFO because he would know how to cut a non-toxic deal in my opinion
Alleyba says................
...........he cannot respond privately as he does not have that feature but I think we are talking semantics
Alleyba says.............
As usual Bsav in right on the money. I think SCRC is implementing every plan and strategy they have thus far released in the way of news. Paying off the convertible notes is extremely huge. I have not heard, in fact whether PIMD has closed yet but I have not heard that it has not. I have every reason to believe that will happen just like China-Hong Kong, acquisition of compounding drug factory which was totally unanticipated and I have every reason to believe licenses will be approved in all 5 states. Do not know why there is so much grumbling on board tonight....maybe that means we are on the verge of something big and people are worried
Alleyba says......
..........that post was one of the best I have ever read but subsequently to that news I believe was the acquisition by SCRC of the compounding pharmacy which further enhances your post and provides a tremendous amount of revenue going forward. And as we all know we are waiting for the final approval on the licenses to start the selling generic and controlled substances in 5 states which I would guess if you just took the TN. numbers you have to multiply those numbers by a minimum factor of 5. This to me is extremely conservative and is another big revenue stream.
Now Bsav when we add China and Hong Kong to the mix, eliminate convertibles going forward as you have pointed out there is no ceiling for this stock and the price of the stock here has to be an absolute steal. Your post was right on point. Finally, another revenue stream I missed is whether PIMD deal has been consummated and I am also of the opinion we will be positioned to expand internationally with Asia as the springboard to Latin America, in my opinion
Alleyba says................
.................he respectfully disagrees because convertibles cause greater dilution and restricted stock is not necessarily sold right away and results in less dilution because there are less shares given.
Also,while I may agree that that stock is ultimately sold, one can hold if one thinks the value will significantly increase and sell in an orderly fashion so the stock can be absorbed into the market, in my opinion
Alleyba says................
........that the news of the pay-off on the convertible bond shows the commitment management has to preservation of shareholder value as these convertible note holders are ruthless when they try and short to receive more stock only to sell it as soon as they receive it.
The acquisition of the compound pharmacy illustrates the innovative plan and strategy the CEO has for this company. Another revenue stream! Wait until the applications are approved in the 5 states for the sale of generic and controlled substance drugs! Then, of course we have people working in China and Hong Kong putting together orders coupled with the growth each month in TN. This company is quickly turning the corner and very well positioned to begin to start trading higher. Have always said it is a long term play.
The statement by SCRC that, funds permitting, they will decrease convrtible outstanding notes and/or such other debt was a very positive statement made by the company and the stok at this price, in my opinion, is a gift here
Alleyba says............................
............that today's news shows that SCRC id hunting for more . revenue streams. I do not see that this company was acquired by toxic paper, these I hope these are the type of arms length deals we see going forward. So now the money will flow in from he factory. Wait until the 5 states give their approval on generic and controlled. Wait until all the toxic paper is gone. Wall Street will have to take notice. Company ready to explode. Now we need international orders
Alleyba says..............
............there is a difference in convertible notes versus giving a person restricted shares which cannot be sold for 6 months.
The notes are usually convertible at a certain price. If I had a convertible note I would short ans shot the stock a day prior too conversion date so I could obtain more shares and dump even more shares into the market.
There are many reasons people get restricted stock. Sometimes these people help the company financially and in return receive restricted stock and why shouldn't they as they have a right to be rewarded for risking their money, not only by buying the stock but also by helping the company to operate and attain success.
The bottom line is that everyone should do their own due dilligence before buying stock and not be pointing fingers on this board
Alleyba says.....................
.............the fact that a man is receives for consulting services or such other related services does not make that person or label that person as a pumper and dumper. Did it ever occur to anyone that perhaps Zampetti was instrumental in advising and/or structuring the company as to how it should proceed and why which has helped put SCRC in the position it is now. Isn't anyone who is in a particular profession or has unique knowledge entitled compensation for what that person knows?
All I am saying is Zampetti has poured his heart and soul into this company and has put up, from what I understand, his own dollars and has bought hundreds of thousand shares the last few weeks. He could have easily taken whatever shares he received and done nothing and then cashed in but that is not the way he is. I have never said or alluded to fact that he never received shares. I do say, however, we would not be trading as high as we are without him. Period. End of story.
Aleyba says.................
............the CORE is not selling. They are accumulating here. The flippers can do as tney see fit, buy if you want to make very good money the word is hold and wait for all the positive news that should be coming out in my opinion. I cannot tell anyone what to do but do you want to make 10% or double your money? If latter buy and hold
Alleyba says...................
............that before financial reform came into play in the mortgage business a person could by a $1,000,000 home without the production of a tax return or pay stub provided he had the credit score and 30% down payment. Of course that person was punished on the rate.
Unfortunately SCRC has the metrics of a $1,000,000 home as well except they have the product and revenue streams but needed the funds to purchase this home and they were punished as we all know by having to succumb to ruthless companies whose terms were such that toxic paper to the company was created because the CEO had no choice but to accept those terms.
The homeowner described in Paragraph 1, when he was eventually in the position to produce tax returns and pay stubs refinanced and eliminated the bad rate he had.
SCRC like the homeowner, is virtually a hair away, because of its revenue streams and the deal with China of eliminating its debt and is on the verge of being able to call its own shots without the help of those who like to offer toxic paper in exchange for money...........so in the very near future with orders to hopefully come soon from China, with the approvals likely to come allowing the sale of controlled and generic drugs in 5 states, with the solidification of the PIMD deal, with the Tn. revenue growing every month will likely, based off prior releases, to return handsome revenue to its shareholders and become the hidden gem of 2014. Not only that they will be able at that point to eliminate their debt and that is when all those CORE shareholders will see the price of this stock soar.
Alleyba says..............
that expounding a little more as to a pumper and dumper. the pumper and dumper usually isolates a stock he wants to pump and dump and then goes to the company and offers to promote the stock for UNRESTRICTED shares of stock, gets the stock, in addtion to buying it at its lowest price before he begins his promotion. As he promotes he is selling his shares into the people that are buying. This is exactly what happened recently on 2 stocks I was involved in but was somewhat lucky I caught it in time without taking much of a hit.
What happened in July, not to be repetitive, a group called the money runners saw this stock move up 23 days and decided to hype the stock pump it up, which made me and others buy at very high prices and then unloaded all of their stock 15 minutes below the close bringing it crashing down.
Also in case no one understands how convertible stock works the day of conversion it is always in their best interest to drive the price down as low as possible in the last hour or minutes of trading so that they are able to close stock much lower and therefore get more stock to sell on the conversion date
Alleyba says................
............as far as Joeseph Zampetti is concerned the following are my comments in general:
1. Mr. Zampetti has been very much maligned for no substantiated reason;
2. Mr. Zampetti is not a holder of ANY convertible stock and I have read no filing indicating that he has such stock;
3. On July 12th, the day the MONEY RUNNERS pumped and dumped the stock Mr. Zampetti, not only for himself, but for his family bought stock in the .90 cent range;
4. Over the last 3-4 weeks Mr. Zampetti has personally purchased between 350,000-400,000 shares ranging from .13 to .18;
5. Mr. Zampetti has been fighting so hard on our behalf to support the stock he spent a day in the hospital due to medical issues caused by the movement of the stock;
6. Mr. Zampetti, to my knowledge has NOT sold one share given to him by the company for any service he has rendered;
7. If not for Mr. Zampetti in my opinion which is what this post is...MY OPINION....this stock would be trading at .03.
8. I have never met Mr. Zampetti personally, but I have talked with him via telephone and I find him to be honest and strsight forward and unless someone can show me otherwise, I have found him to be honest, knowledgeable and trustworthy. That all having been said THE REAL PROBLEM is that,,,,,,,,,,,,,
1. Management, which has made great strides in the last few months, should pay-off NOW the convertible notes and not issue a forward looking statement that is their intent....they should issue a press release saying ALL convertible notes have been paid off.........period.........end of story.
2. Any future deals should not be for convertible paper....they should structure deals for restricted stock if they have to which unlocks in 12 months or at a much higher price with restrictions on how much stock can be sold during the unrestricted period;
3. I hate to say this because I have been caught with my pants down on another penny stock I was in that I rode into the ground, if the shareholders are unhappy with current management put it to a vote to change management.
4. My opinion is that if the convertible stock is paid off then buyers will flow into the stock and the price will rise immediately and that is how you maximize shareholder value. As much as I like the stock and tell people to buy it how many times can I ask them to average down? I look and sound like an idiot.
Personally I bought at .90, again at .55, in the .40's, ,20's and teens. Until I know the convertibles are paid off I have no desire to average down any further...........IT IS UP TO MANAGEMENT TO DO THE RIGHT THING.
The foreging post is my opinion only
Alleyba says............
.......no one he knows has sold either. My opinion id CEO should by out the toxic notes to move up share price. That wold take care of the resistance. Stock is obviously being flooded at end of day by shorts that must somehow be tied into their holdings of their notes which must be creating more paper. I say take these notes out
Alleyba says............
.......no one he knows has sold either. My opinion id CEO should by out the toxic notes to move up share price. That wold take care of the resistance. Stock is obviously being flooded at end of day by shorts that must somehow be tied into their holdings of their notes which must be creating more paper. I say take these notes out
Alleyba says............
.......no one he knows has sold either. My opinion id CEO should by out the toxic notes to move up share price. That wold take care of the resistance. Stock is obviously being flooded at end of day by shorts that must somehow be tied into their holdings of their notes which must be creating more paper. I say take these notes out
Alleyba says.............
...........
The bottom line is China needs to be ramped up with orders, we have to get licensed in the 5 other states and keep the revenue streams going in addition to adding the streams, for example, like PIMD and the price of the sock will take care of itself
Alleyba says.................
...........he essentially agrees with your position and you have to admit that the revenue streams are being set in motion starting with China and the Tn. plant. I believe as I said all along that paper had to be given AT THE TIME IT WAS GIVEN to keep CEO vision alive. In my opinion we are now a real company and CEO will not be giving out any more paper.
In reading past filings and watching the volume I will guess that there my be only 500,000 shares left of paper that need to be sold. Once the licenses to distribute controlled substances in the 5 states are obtained the revenue stream will be that much better because as I understand it, and I hate to say it, the mom and pop stores carry a minimal supply of these drugs that are often bought for cash from low life doctors that write prescription blindly so these prescriptions are less scrutinized than they are than if you bought ar CVS.I had a nephew die because of that and sadly this will be a revenue stream to the company...but if you are helping them stockpile the uncontrolled then you can coerce them into buying the generic although we may be slightly higher.
We also have PIMD and we forgot about that stream...so when I get the feeling we are done with paper than I begin to feel good that the price of the stock is undervalued here and think it hs room to double or triple without any real bumps in the road, but as you say it hinges on there not being any more paper being issued.
So lets ca[yure the Hong Kong and China market and move into Latin America and bring our drugs to countries in dire need of same. That is my opinion..hang in for th long term ride up
Alleyba says...............
.........that this opens doors to other countries as well. Wait until the licenses are approved for the controlled dangerous substance drugs in the 5 states applications are pending.........then it is to the moon! You have to like this stock long and you have to agree that it appears all but 10-15% of paper is left. I expect more big announcements to come
Alleyba says............
.......is anyone saying the China news was not positive? This revenue stream will soon be forthcoming. Alleyba also says that, in his opinion TN. should be announcing and he is expecting a record month once again.
As to the paper I think the evidence tells you a few things (a) there cannot be much paper left (b) new blood is in stock (c) volume ovrr the last few weeks shows 90% of paper being taken out (d)with China done deal, TN. reporting and whatever else is happening CEO has no more reason to issue paper. Anyone disagree and if so why?
Alleyba says .................
...........he really enjoys reading GUT'S posts as he has very good insight to what is happening as well. As I said I believe sll the "bad" paper will be gone by the end of April and it looks loke SCRC has weathered the barrage of paper the last few weeks. In my opinion, the revenue streams will become more evident via announcements made this month. For example, the Tn. plant should be announcing their results for month of January. Based on last news release China should hit soon. There is virtually no paper to contend with; moreover, once we acquire licenses for the 5 additional states we will have sugnificant revenues coming in. PIMD should be done and who knows what else CEO has going on?
If there is someything I missed please advise. This was always a long term plsy
Alleyba says....................
.............maybe should have done your due dilligence then before you purchased the stock if you in fact have purchased it. If you did your due dilligence then you would know this a very real company. In fact when the company announces sometime in the future, whenever that may be that China is on board what will be your opinion then?
Based on the volume the last few weeks and going back and looking at the amount of paper that has been given out in the past, I will go out on a limb and say that 90% of the paper has been taken out and this company is poised for a nice run.
I also believe that the PIMD deal is done and there is no reason not to beleive they will not secure the licensing to distribute drugs in the additional 5 states that they have applied for licensing. This is al my opinion
Alleyba says..........
...........that this past few weeks does not appear to be random volume...rather in my opinion it is SCRC cleaning up paper and planning to implement the revenue streams that were alluded to in all the prior news releases. I could probably off the top of my head tell them to you but you should go back and read the releases. I am expecting that it is time to report on Tn., confirmation that PIMD is done deal and finalized, China, license application approvals, etc. etc. I think CEO is now smart enough to not give away paper for deals because we are in financially good position now thanks to those who have been raising funds and cleaning up the existing paper. And as I have been saying repeatedly the stock has been telling you the last 7 trading sessions that good things are about to happen. I bought last week and I have no qualms in saying I need some immediate cash so for me to come in and then make almost 100% on my money in a 2-3 week play even though I know stock is going higher is perfectly acceptable when the stock I am selling is a small percentage of what I own
Alleyba says that...............
............he is not aware of any insider buying as whatever has or has not taken place must be filed.......but what is your opinion as to recent volume and trend of stock? Do you not see it as a positive with news likely to come?
Alleyba says..............
..........that based on the trading volume and the revenue streams the company is trying to generate, in addition to prior news releases, in my opinion Ironridge has probably already unloaded the majority of their paper; moreover, I agree with comments msde by BATTS...........I do not think plans stop in China. We are positioned to ship from Miami to Latin America and other countries. I believe China may be just a start. Also agree with GUTS 2 year hold and we see $4-$5. The stock is telling you that news is about to happen by the sheer increase and volume and 7 days of small green movements from .12 to .20........and with the CORE holding I think, in my opinion a double is not far away because only the day traders will look to make their pennies but long term it will be much higher