ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

My position is that anyone who has put up their money to back this company because they believe in the company certainly has a right to potentially make money as that person has taken the risk to do so.

(1)
Once again, those PIPE holders -- and I am intentionally NOT calling them "investors" because many of us who know who these PIPE holders are know very well that they are opportunistic retail flippers who have momentarily become amateur vulture financiers of the worst kind -- do NOT believe in the company. They are in it for the easiest "get rich quick scheme" they will ever see in their lives.

(2)
As I have told you countless times now, there is virtually NO RISK in buying .05 stock that (a) Is over 40% cheaper than the sp has EVER been in the history of SCRC... (b) Represents an exponentially larger/steeper discount than ANY discount ever given to a convert note holder or even to Ironridge... (c) Guaranteed the PIPE holders an automatic double+ the moment the ink dried on their signatures consummating this unholy fornication between puppet and puppetmaster.

(3)
It is sad and pathetic to continue to see weak attempts to defend the indefensible PIPE sales of 21M+ shares of .05 stock that was 100% unnecessary. As I've stated many times ever since these PIPE transactions became public, with the cash flow from compounding, SCRC would have been able to paydown any convert notes issued at far more friendlier terms and ELIMINATED any further dilution -- but these PIPE shares became 100% dilutive the moment the deals were signed as they did NOT permit any provision for SCRC to EVER prevent the shares from crushing the float.

(4)
And finally, I stand by the statement I have made from Day 1: THE ONLY MARKET PARTICIPANTS WHO BELIEVE THAT THE PIPE DEAL WAS A GOOD THING ARE THOSE WHO HOLD THE .05 PIPE SHARES.