ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

I think one needs to mention the fact that we had millions of share of stock from seaside that we have been absorbing in the past few weeks. Those shares are almost done.

Seaside only had approx 4.8M shares in total, many of which were priced to sell many months ago (the .06x and .07x shares) for which the tape shows that these shares likely did indeed get flushed thru prior to “the past few weeks”.

The only tranches of Seaside’s 4.8M shares that would even be in play would be the 800k shares price at .105 that unlocked on 6/2/14 and the 1.3M shares priced at .1062 that unlocked on 8/3/14. The 800k shares that unlocked on 6/2/14 very likely flushed thru during the runup to .165 on then-record-setting volume back in the latter part of JUL-2014.

This then leaves the 1.3M shares that unlocked on 8/3/14. The historical tape seems to indicate a high likelihood that at least half of this flushed through in the first week of NOV-2014 when the sp spent 5 days in the .14x levels on above-avg volume.

The tape also indicates a high likelihood that the remainder of Seaside’s .1062 shares flushed thru during the record-setting week of 12/15/14-12/19/14.

So this translates to only around 650k shares that were attributable to Seaside over the past couple of weeks (heck, the past couple of months), NOT millions.

No, as I stated previously, Seaside – just like Ironridge before them – are nothing more than red herrings used by JOEY Z and his fellow criminal CORE PIPE-holders in their desperate attempts to deflect attention away from their obvious flipping activities as they still have tons of PIPE stock they are trying to dump and need your bid support in order to do so at as high of price levels as possible.

So, in summary:

4.8M shares from Seaside that have an avg price of .085 versus 28M shares of 0.00 and 0.05 PIPE stock from JOEY Z and his securities-fraud-engaging paid whores that have a collective avg price of .039…

…which has been and continues to be more toxic to retail shareholders?

Hmmm… …not too difficult to figure this one out, LOL…

So I might agree if we didn't have those Seaside shares to contend with we would be over .20

I’m still trying to stop laughing at the statement that it is all Seaside’s fault that the sp isn’t over .20 by now, LMAO!!!

Once again, 4.8M shares priced at an avg of .085 for Seaside… …and 28M shares priced at an avg of .039 for JOEY Z and his criminal CORE…

At which I hope for a reverse split to get out us out of pennyland. In which case those .05 shares aren't going to make a difference as described.

What a non-sensical statement that somehow once a R/S is effectuated that the .05 PIPE stock magically disappears and “won’t make a difference”??? Ummm, hate to break the news to you, but they already have. Big time. In a bad way. You can’t un-ring a bell, unfortunately…

…a R/S is effectuated to hit a specified sp level. For example, if the goal is to get the sp to 5.00, then a R/S @ 1.00 would only need to be 1:5. Whereas a R/S @ .20 would need to be at 1:25. So the impact of the .05 PIPE shares having cratered the sp already WILL STILL BE FELT because the sp at the time of any R/S will be MUCH LOWER than it otherwise would have been WITHOUT the 22M shares of .05 PIPE STOCK diluting the float. And so when the R/S gets effectuated, this means that shareholders will now get much less resulting shares at 5.00 than they otherwise would have. And that difference represents REAL MONEY.