ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

So in your expert opinion , what is holding this down and what will have to happen and when for this to run up ? If it runs ? It's the only reason everyone on this board is here for . Thanks

@Panther,

SCRC is no different than any other stock out there, in particular any other microcap. And although the total O/S count of ~136M is in and of itself not too terribly high compared to other stocks, we are in the midst of having a significant number of deeply discounted .05 PIPE shares hitting the float. Based on volume, I would guesstimate that a good chunk of the 4.8M shares that unlocked in JUL got dumped and flushed thru, but that only a small portion of the 5.2M that unlocked in AUG have flushed thru thus far due to limited liquidity opportunities for the PIPE holders. With approx 25M total .05 PIPE shares out there, you can see for yourself that it will take a while for these all to flush thru.

And after these flush thru, the traditional financiers are next in line with at least 20M more shares priced from .10 to the high teens who will be looking to dump anywhere from .15-.22 IMO. So these guys will be the source of some headwind as well.

When all these shares flush thru depends on news, as news will drive volume -- and volume creates liquidity. The faster these .05 PIPE shares can flush thru, the faster the rest of us further back in line will be able to move up to have our turn to get on the ride.

Hopefully, the PR re: AUG Main Ave "approved orders" will continue to exceed expectations. And hopefully we will get an announcement re: RapiMeds or PIMD soon, although neither of these will be material in the short term as from the point of launch they will each need time to grow to a meaningful size. Then there is the Q3 10Q expected in mid-NOV which will hopefully show meaningful POSITIVE earnings as well as NO FURTHER SENSELESS PIPE FINANCING.

Considering you and many others here have waited for over a year now, perhaps you won't mind waiting another 8-9 months for a real runup that will have staying power? There will assuredly be more P&D-type runups that all crater back between now and next APR/MAY-2015, but the reason I am eyeing this timeframe is related to a point I have made several times in the recent past: This is when the 10K comes out. And, unlike the 10Q's (which are NOT audited), the 10K WILL BE AUDITED, and so this will provide the market with its first independent assurance that all these crazy impressive revenues that SCRC has been reporting each month since Q1'14 are not only being reported properly but that they even exist.

And this 8-9 month period will also provide ample opportunity for Main Ave to plateau and begin reporting a much more stable recurring revenue stream, which will better enable the Street to project forward-looking estimates and determine how much of a premium or multiple to award the sp with. This 8-9 month period will also be a critical "prove it" period for RapiMeds. If GlobalPharmaHub is not reporting new sales orders with pharmacy/hospital networks and is not placing more PO's for additional product inventory by then, then that will also speak volumes to the market. But if it does, then 8-9 months is plenty of time to show this as well.

But again, the key will be watching the volume over the next 8-9 months and looking for indications of liquidation. If you don't see them, then this will mean that the PIPE-holders are exercising discipline and are also waiting for the pop before they rain on your parade and crater the sp back down.

It's simple math. These shares simply have to flush thru first before regular retail shareholders can have their turn. Until they do, company performance will continue to be out-of-sync with shareholder performance. This is a theme that I have been trying to remind folks of here for a long time now. My comments have had little to do with the company itself -- they have all been focused on the investment thesis that retail investors should be aware of. I have always said that SCRC can find its niche and do well, but with the disclosures of these stupid PIPE shares having been doled out, it simply extends the timeframe over which regular non-CORE investors will need to wait in order for shareholder performance to catch up to company performance.

But as we've discussed previously, if there are interim periods of volume and sp appreciation that is meaningful, be cognizant for the technical indicators that may clue you in as to whether the runup has staying power or not. If not, then take some profits and then wait for a better re-entry point to jump back into the sandbox. That is one way to lower your average cost basis w/o over-exposing your portfolio by simply always "adding more". Do this a few times and you will find yourself closer to the .05 basis that the CORE PIPE-holders have, and the closer to them that you can get, the more level the playing field it will be for you, and then before you know it, you will be in a position to jump in front of them in line again where you belong.

It's all about news, Panther. All penny stocks are driven by news -- both factual news and fabricated fluff news/PR's. Just be smart enough to know the difference when you see it. Until then (or until the next Q comes out, whichever comes first), there is really nothing worth talking about w/SCRC. We are in the textbook "hurry up and wait" mode.

GLTU...