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All is not well in SCRC land.........Scrips DOES face possible loss of SEC registration or de-listing if it doesn't get its audit out soon. In case you all have forgotten, Scrips is a public company and cannot just march on indefinitely without an audit, which mean public shareholders would have no idea of the true financial condition of the company, which means they cannot make informed buy/sell decisions......and the SEC doesn't like that. There is a place for companies like this, it is called the Gray Sheets.
Scrips can pump out fluff IR releases all they want, but not even Joey Z and his merry band of pump and dumpers can save SCRC from the SEC if they don't get their audit out.
Go SCRC!
When a company cannot file a 10-K or 10-Q within the given timeframe, SEC rule 12b-25 requires that the company must use an NT, non-timely, filing. An NT filing is a notice sent from the company stating that the deadline has not been met due to a given reason and that the actual filing will be filed within a specified range of time. An NT 10-Q filing provides an additional five days for the actual 10-Q to be filed. An NT 10-K provides an additional 15 days for actual 10-K to be filed. If these additional deadlines are met, the company is not penalized and the filing is considered timely.
If the deadline is missed, however, consequences may include loss of SEC registration, de-listing from stock exchanges as well as possible legal consequences. And there are other consequences to non-timely filings as well, that an investor or other stakeholder might want to take note of.
http://www.auditanalytics.com/blog/non-timely-filings-an-overview/
What happens if Scrips doesn't file their 10K soon? Whats the rule? I have heard that if a pubco misses an extension filing for a K, they have 30 days to get it filed or they face possible de-listing. Anybody know the facts on this? Would that mean Scrips goes to the Grey market?
SCRC now a pink sheet!
http://www.reuters.com/finance/stocks/companyOfficers?symbol=SCRC.PK
Go SCRC! There have been some posters always calling SCRC an oinker, but now it's official:
SCRC is a pinkie pig!!!!
Cooler, SCRC did a deal with Devil in Joey Z. SCRC gives a bunch of consulting shares to Joey Z and he hypes and touts a some good pump and dumps.........but, like our economy's QE, the only way to keep the show going is to give more shares to Joey Z so he will hype........but Joey Z eventually must sell to make some money.........so Joey Z sells and the share price goes down...........then Bob gives more shares to Joey Z for consulting/IR...........or cheap 5 cent PIPE stock to Joey Z's band of brothers............its a toxic cycle that can only lead to increasing the authorized shares over and over again. Scrips has already done it once and will do it again soon enough; because they will need more shares to get the pump going. Remember: SCRC once tasted a $1 share price and they foolishly believe that Joey Z can get them there again. Blind leading the blind
What I wonder with Bobby S is his incestuous relationship with Joey Z and the "Core". Look at SCRC's trading history and you see clear signs of manipulation, classic pump and dump charts that are paralleled by mass email touts and newsletters. SCRC has rode the top of the class at PumpsandDumps.com numerous times. Go look for yourself.
So, this begs to question, isn't the only way Bobby S is not complicit, directly or indirectly, in the pump and dumps, is if he has the analytical capabilities equal to a person in a persistent vegetative state? Literally, how can Bobby NOT KNOW what will happen by working with Joey Z and his gang over and over and over again? Im not kidding, are they friends possibly?
I don't buy for one second that Joey Z is some third party IR consultant that ole Bobby happened to find on google.
Hahahahahahhahaha. Wow, this is some epic dumping right now.
Any thoughts on what is causing it? Did some massive blocks of free and 5 cent stock just get freed up?
Ole Bobby S will be pumping out press releases by the hour to try to keep this baby afloat!
Well, have faith, because if there is ever a management team to rely upon to really get serious and focused on a pump and dump campaign, its ScripsAmerica. Scrips has repeatedly gone back to the same band of roaches like Joey Z and others with millions of consulting shares, millions of cheap PIPE stock.
SCRC prints shares like the Fed prints money. Laughable.
SCRC is the typical micro stock scam, designed to benefit officers and insiders at the expense of shareholders.
RSSV has just posted an update report on Worx America's technology! Glad to see this opportunity moving forward. Getting our money's worth!
http://resortsaversinc.com/wp-content/uploads/2015/04/Progress-report-March-31-2015.pdf
Love it. Holding the line at $.60, soon to be $.62. Good buying opportunity right now
yeesh, these are some desperate ass press releases.
So what, for the next one Scrips announces "that President and CEO Bob Schneiderman woke up with a RapiMed erection, which he interpreted as a sign that RapiMed sales were going to go up!"
Lets do the SCRC limbo.....how looooooowwwww can you go?
In all honesty, there is no need to engage in heady quant and qualitative analysis of SCRC to determine why the SP is falling. Its pretty simple fellas: there are alot of people with cheap or free stock who are selling like crazy. Why are they selling like crazy? Well, I would guess part of the reason is simply the classic lemming herd mentality where someone starts selling off hard creating a ripple effect, pulling along all the other cheap shareholders. Hell, if you got 0 cent and 5 cent stock, your still profiting nicely at 10-11 cents.
Is SCRC even pump and dumpable again? We know Joey Z and the gang are looking for one last rodeo, but given the stain on SCRC, can we ever expect see a quality P&D again??????????
Fluff PR's won't make much a difference in there are millions of cheap shares itching to be sold. SCRC sure acts like the penny stock it is. No real attempt to even act like a professional company; cheap shares, sleazy promoters, near constant stream of fluff releases and a sprinkling of a pump and dump or two and you have the quintessential formula for a penny stock. Go SCRC!
Seems we have solid support at $.55 cents. We will probably bounce between $.55-$.60 over tomorrow and settle in at $.60 cents by end of next week. Couple more big corporate moves and solid news and $.75 - $.80 is within reach.
Put a couple bucks on this thing now at these prices and it looks like you will make profit.
Yea, sure, a pump and dump never happened. I mean, dozens of promoters hyping a worthless stock to a $1 then it magically collapses after the insiders have made a bunch of money..........definitely above board.
The past of this stock is all the proof you need to backup the allegations.
Major event here guys. By entering the global vacation and residential property development market, spearheaded by a wholly owned investment holdings company, RSSV gets two bites at the Chinese apple: first, they can raise capital to develop properties; second, they can market developed properties and vacations to wealthy Chinese. Is really a brilliant play in my opinion.
Huge Release Out!
RSSV enters the global luxury vacation, rental and residential market with its wholly owned subsidiary XingRui International Investment Holding Group, Ltd. This is a major event for the Company and its shareholders. Through XingRui, RSSV can make strategic investments in major property developments and turnarounds. Resort and other property vacation opportunities will be marketed to China's booming population of the wealthy who enjoy traveling and investing in property development opportunities.
http://finance.yahoo.com/news/resort-savers-inc-expands-european-120226776.html
Zhou Gui Bin, President of RSSV said, "We will be making an exciting announcement in the beginning of March about our potential resort acquisition in Portugal. The Chinese are world travelers and exceeded 100 million outbound travelers last year. Our resort and residency development investments throughout Europe will target the 64% of China's rich--which we define as having assets of more than $1.6 million--who are traveling for pleasure or seeking to make residency real-estate investments."
BIG PLAY HERE
Rocky, how many PIPE shares did you purchase?
And also, the criticism of the PIPE shares isn't a grudge against making a profit, it is that it appears, for intents and purposes, that PIPE shares were sold to insiders and cronies and that those same insiders and cronies, it appears, are benefitting from oddly timed PR's that just happened to get released in batches right around when those very same PIPE shares are freeing up.........
Obviously a coincidence!
Yup, whole lotta PIPE smoking going on here.
Have you noticed the most prolific posters and hypesters go mysteriously silent on days when the PIPE is burning hot?
Where's ole Martin and Alleyba? Hittin the old PIPE?
LOL. Brilliant. Well done, CHP.
Alleyba says……….
Relax and take a seat my fellow traveling investors, for the Alleyba wishes to tell you a tale of how he came to own the fabled PIPES and all the riches they have brought him.
The story begins in a dusty backwater town called OTC…..a town filled with people and businesses of all shapes and sizes. The perilous streets of OTC are filled with a patchwork of humanity……from hucksters, to men of integrity to true believers. As easy as you can make your riches, you can lose it all.
The weary locals have a favorite saying: A man’s pockets tend to develop holes in OTC.
A tired traveler, the Alleyba had come to the OTC seeking a golden future, one where his tired and weary hands could now hold glasses of wine and nectar instead of toiling to the bone. As he worked his way through the stalls and shops and merchants, he came across an apothecary called ScripstonAmricka. The colorful signs and enchanting messages adorning the shop intrigued the Alleyba and he decided to enter.
As the Alleyba entered the store and examined the various herbs and medicines, he was greeted by a hunched figure dressed in a loose fitting white tunic of sorts. The older man introduced himself as Bobba Schnisters. From behind his thick glasses, the bespectacled older man bragged about how he sold the best medicines in all the land and that he could heal any wound or sickness.
Intrigued and seeing an opportunity for financial gain, the Alleyba asked Bobba what he used to heal the people of the land. Bobba guided the Alleyba to a dusty back corner of the shop and then slowly eased his tired body into a cracked leather chair. Bobba gestured for the Alleyba to sit down on a small stool and then proceeded to pull a small wooden box from underneath his chair.
With great flourish, Bobba said “You wish to see how I heal the people of this land? You wish to know my secrets?”.
Yes, the Alleyba said, eyes narrowing in on the small box.
Bobba slowly opened the box, reavealing rows and rows of small PIPES. Each PIPE was filled with a reddish powder. Bobba explained that the powder was called Rapimezzles and smoked easily and would heal all wounds and sicknesses. Bobba said that he would normally charge premium market prices for his PIPES, but since the Alleyba had showed such deference and respect, he would offer the Alleyba the PIPES at a steep discount.
The Alleyba couldn’t believe his good fortune, for his path to riches seemed to unfold before him. The Alleyba asked to buy as many of the PIPES as Bobba would part with. Running his dry tongue over his cracked old lips, Bobba said he would sell to the Alleyba as many of the PIPES as he could afford.
The Alleyba pulled out his satchel and handed over all the coins he had in this life. Eying the money, the cautious Bobba slowly handed over the box of PIPES to the Alleyba and accepted the coins.
Bobba smiled as he counted and couldn’t believe his good fortune, for the Alleyba fell for his tricks. The box of PIPES didn’t contain any magical healing powders at all, but only ground up old dandelions covered in red dye.
But the Alleyba didn’t know he had been tricked and left the shop on feet that seemed renewed. From there, the Alleyba planned to travel all over the OTC selling his PIPES to whoever would listen, to whoever wished to be healed.
As the Alleyba made his way down the street, announcing his PIPES for sale, Bobba watched and smiled to himself.
A man’s pockets tend to develop holes in OTC.
Alleyba says.........
My good friends, it is time to buy. Cash in your 401K, liquidate your children's college funds and sell loose assets......for Alleyba is ready to sell.
The burden of unloading PIPE shares is great, but Alleyba is ready and needs your help. Quench your thirst for shares by sipping from the ladle of Alleyba...........
Stay thirsty, my friends.
Alleyba says........
Rest easy this weekend my friends and share drinks and good times with each other. For come Monday, Alleyba has many sell orders that need to be filled and he needs you all to have your strength. The burden of unloading 5 cent stock is great, but Alleyba is up to the challenge, I assure you!
Well, Bsav, to go off your theory, I am sure Sean F and everyone else who feel they have been defamed will surely file suit, correct? I mean, they would want to clear their name, right? They have nothing to hide, right???
Let me know when they file......lol
I THOUGHT IRONRIDGE WAS OUR FRIEND!?!?!?!
NOW A LAWSUIT??!?!
BAD NEWS IN THIS 8K. LOOKS LIKE SRCR HAD BETTER FIRE UP THE OLE SHARE PRINTING PRESS.......
http://biz.yahoo.com/e/140512/scrc8-k.html
DEFINITELY "KABOOM TIME"
http://biz.yahoo.com/e/140512/scrc8-k.html
EPIC 8K JUST RELEASED AT THE END OF THE DAY TODAY!!! MORE POSITIVE NEWS TO COME!!!!
was that dirtbag IR company redchip representing longwei at this time??
lol
martin33, you keep implying, incorrectly, that scrips is collecting all the revenues from the compounding pharmacy. you can't even coherently describe the "formula" scrips uses to determine what they collect.
the fact is that is scrips is losing lots and lots of money every month. would YOU agree with THAT?
(not that it matters, of course, if you agree because it is clearly stated in the filings)
Is the 19 Million shares sold at $.05 the catalyst for the massive lift off?
I think what CHP was saying is that the increase in the A/S will be primarily for the purposes of using shares to pay for IR services, consulting services, debt satisfaction, etc. That is not a good situation because all this means is continued avalanches of dilution.
Further, there are no "friendly hands" when distributing steeply discounted stock. When someone has $.05 stock, that means that person begins to profit when they sell the stock at $.051, .052, .053, and so on and so on. So, these "friendly" individuals will gladly sell as soon as they can because the profit immediately as long as the SP is above $.05.
I cannot think of any situation where someone holding $.05 stock is a positive thing as it relates to SCRC. Do you have any of this $.05 stock?
oink, oink, who wants to invest in this blue chip??
Foreign markets present utterly unique challenges to the US market. For example, the additional registrations and certifications to sell the product. Adapting the product to fit the foreign market in terms of presentation, language, packaging, etc. Competing with indigenous brands. And yes, I know China is craving Western meds, but the largest US pharma companies are already in China and Hong Kong selling tylenol and tylenol equivalents.
Plus, Scrips has to link up with on the ground partners and be utterly reliant upon their performance in order to get the product to market.
I believe RapiMed can succeed in the HK and China markets, I just also believe it would be smart strategy to launch RapiMeds in the US.
I remember the big talk on these boards of RapiMeds launching in the US and that it was going to be a game changer.
What happened?
You are wrong.
The US pharmaceutical market is the largest on earth. Period.
http://tradelanes.agilitylogistics.com/articlemanager/templates/article.aspx?articleid=176&zoneid=4
http://discoverysearch.com/industry-focus/global-pharmaceutical-market/
http://www.abpi.org.uk/industry-info/knowledge-hub/global-industry/Pages/industry-market-.aspx
Not say that China won't overtake the US in 10 years, but right now the US is the largest pharma market on earth.
Again, launching RapiMed in the US first would seem to make more sense as opposed to attempting to enter a foreign market.
Just my thoughts......
CHP, what are your thoughts on Scrips not launching RapiMed in the US?
Isn't it strange that Scrips is attempting to launch their product overseas before launching in the US? Wouldn't most companies seek to launch their product in their home market first? The success of RapiMeds in the US would only help the marketing and success of RapiMeds in foreign markets and additionally increase the value of the RapiMed license.
The US is the largest pharmaceutical and OTC market on earth. Why not launch here????
who wants to lose money? if ya do, i think your best bet is to buy shares in lmnk!!!!!!!!
anybody going to be shares in this oinker? ive heard around the grapevine this pos is run by a shady crew of guys
Coolerheads putting the factual smackdown right right now. Damn!
As slippery as Scrips tried to make their 10K, its still apparent what is going on.
Well, to be honest, I don't think the company or bob will address whether JZ and his gang are posting on Ihub without disclosing their paid promotional status. That appears to be one of CHP's main concerns.
At the most basic level, CHP is right in that any paid promoter needs to declare they are such if they are talking about and promoting scrc on any message board. Its not only the right thing to do, but it is the law.
So, for CHP's sakes and everyones sake, will the promoters on this board, if there are any, simply announce themselves? I can't see why anyone would be against that.
why would someone hack the account?
seems like some of the old promoters aren't too happy about their take.
This is good news today. It seems some on this board are only happy if Scrips signs with Pfizer. Granted, I understand the skepticism because it is warranted, but there should be positivity gleaned from today's announcement.
Right now, Scrips is working with RapiMed, a solid product but one that has not developed brand recognition yet. So, the partners that Bob will approach to work with reflect this fact. Yes, these are not tier 1 level players and partners, but let us see how they perform. I say give SCRC the benefit of the doubt. But I understand those that don't want to give that benefit.
I guess the only way to change the minds of the naysayers are for some purchase orders, plain and simple. Secure purchase orders for HK/China/Canada and believers will be made. From the looks of it, HK PO's should be first and hopefully sometime during Q2.