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Re: bro post# 19909

Wednesday, 11/19/2014 12:30:07 AM

Wednesday, November 19, 2014 12:30:07 AM

Post# of 24848

I see one board member, Brian Anderson, selling -- and he does routinely , but i don't see other Board Members (you say ALL) selling like you say. Please let me know where you see this. I see filings saying that they received stock -- listed as an "A" transaction (ACQUIRED) not a "D" transaction (DISPOSED). Maybe I am missing it somewhere.

Thanks for the help and explanation.


Thank you for the comment, bro. It made me go back and dig a bit deeper thru the actual filings again instead of simply trying to rely on my own memory. I should have been more careful with my use of "absolute" terminology (i.e. always, never, all , every, none, etc), as you are correct in that it is most definitely not "ALL" insiders were disposing of their shares.

Imperiale, Anderson, Andrews, Urbanski, and Schneiderman have all disposed of shares either on a regular basis or on an irregular basis but for which the quantities were significant.

But again, you are absolutely correct that it is neither "ALL" insiders nor is it that they dispose of shares "EVERYTIME" they receive shares.

Your comment actually made me think again about the point I was attempting to convey in the original post you had replied to, and as I think about it more, I don't think that it is even appropriate to include disposals by insiders with the selling by financiers/P&D'ers such as JOSEPH ZAMPETTI and his CORE PIPE-holders.

Disposals by insiders and sales by those who orchestrate P&D's are indicators of different things.

Disposals by insiders (especially combined with the absence of market buys – not simply free acquisitions as part of their compensation) are more indicative of whether Mgmt has confidence in their own company.

Disposals by amateur financiers who are notorious penny stock flippers who were hired mercenaries used by the company to run a P&D do not reflect on a company’s legitimate potential whatsoever. And why not? Because to do so would require that these P&D’ers even give a hoot about the company and its long-term plans in the first place. And ask yourselves when have you ever known of a penny flipper, let alone a paid promoter, who cared about anything other than dumping after pumping the sp up?

This is further evidenced by historical dialogue here and elsewhere where it was painfully evident that these self-professed “long term investors” knew next to nothing about SCRC and had no clue where basic data and disclosures were in the SEC filings. Why? Because as I stated previously, they don’t care. They don’t have to care. Their “investment thesis” is centered around fluff PR’s and hype in order to sell and that is their singular focus.

Anyways, thank you again for pointing this out to me so that I can publicly correct any mis-statements.

GLTU…