ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

As I’ve stated previously, I must thank JOSEPH ZAMPETTI and his cadre of fellow criminal CORE PIPE-holders for continuing to provide such a valuable public service – because without their constant flow of erroneous statements, the truth and the real facts would not stand out as clearly in contrast… …and so without further ado…

DILUTION UPDATE: IN 18 MONTHS SCRC HAS GONE THRU 39 NOTES,12M SHARES IRONRIDGE THAT WERE FREE TRADING,5M SHARES SEASIDE.

Quite telling that there is no mention whatsoever of the 6M shares priced at 0.00 and the 22M shares priced at .05 that were all doled out to -- *gasp* -- JOSEPH ZAMPETTI and his gang of CORE thieves, LOL…

…nor the fact that the sp NEVER once cratered when ANY OTHER shares hit the float OTHER THAN the shares held by -- *gasp* -- JOSEPH ZAMPETTI and his gang of CORE thieves, LOL…

WHY DO 90% OF PENNYSTOCKS FAIL??????????? CONVERTS BECAUSE THEY ARE NOT "CONVENTIONAL" AND HAVE TREMENDOUS DILUTIVE EFFECTS WITH DERIVIATIVES.

Wrong again, JOEY… …It is because of dilution of ALL types, and the dilution that is the stock-killer is the type that is priced with the deepest discount. If reasonably and competitively priced, dilution will typically be absorbed and the worst that will happen is stagnation – NOT a cratering like what happened with the 28M shares of 0.00 and 0.05 PIPE stock… …do you really want me to keep posting the historical tape again???

The company last january did a private placement at a time where scrc failed at rapimeds miserably. They then had a new game plan an idea compounding. No one knew whether or not this would be a successful venture as the company NEEDED $$$$$ DESPERATELY.

And once again wrong…

(1)
SCRC had publicly disclosed pretty early in Q4’13 that it was going into compounding.

(2)
Anyone with half of a brain in the pharma biz knows that compounding is the holy grail of cash cows in the pharma sector. There was little doubt of profitability with a compounding pharmacy – the trick was finding one to get a foot in the door with.

(3)
It was publicly known (due to the blabbermouth and bumbling nature of the Abbott-&-Costello-ish CORE PIPE-holders) pretty early in Q4’13 as well that SCRC was planning on doing a PIPE raise at the back-stabbing price of .05/share.

(4)
And at that time (in fact, all the way thru Q1’14), there was ZERO reason to believe that RapiMed would be a colossal failure – just look at the pumps and touts by all the CORE members, in particular SEAN FITZGIBBONS, and the creator of countdown clocks who gave us the RapiMed Launch countdown clock.

From all PUBLIC indications, SCRC was moving along swimmingly. So if JOEY Z is now saying that back in Q4’13, “everyone knew that RapiMed was a failure”, then he is admitting that he and his fellow CORE con artists were knowingly peddling useless snake oil and magic beans when they continued to pump the launch of RapiMed during the timeframe that THEIR 6M shares of 0.00 stock just so happened to be unlocking and hitting the float.

(5)
SCRC’s own SEC filings disclosed that SCRC paid NO cash to acquire Main Ave. Implex, a 3rd party, acquired Main Ave. All SCRC did was pay $175k on Implex’s behalf. There was no “desperate” need for $1.1M.

Had the company last January went the way of doing CONVERTS AGAIN IT WOULD HAVE BEEN OVER FOR ALL OF US.

If by “us” JOEY Z means himself and his CORE, then I would agree – they would have been finished with SCRC because after their 6M shares of 0.00 shares got dumped, they would have no reason to stick around. It is ONLY because they (with an assist from BS Schneiderman) found a way to fleece retail sheep a second time with 22M shares of 0.05 PIPE shares that they are still squatting in the SCRC house.

WE DID A PRIVATE PLACEMENT 22M SHARES AT .055. Many of the INVESTORS HAD STOCK AT HIGHER LEVELS AND THEY TOOK A REAL GAMBLE

LMAO… …With ZERO reason to believe that RapiMed was going to fail at the time, combined with the knowledge that the capital raise was going towards getting into a compounding pharmacy (a known cash cow)??? As I’ve stated previously, JOSEPH ZAMPETTI and his coven of criminal CORE whores exposed themselves to the same amount of risk as they would of exposing themselves to the risk of falling to their deaths by slipping off of a 3-inch high street curb…

Are there shares that have been sold???? Yes.

Fascinating, since we have heard from Day 1 that these “long-term” investors were not interested in selling for “burgers and fries” money but intended to hold every single share for 10-50 baggers in order to retire to Tuscany by Summer 2015 (tick tock on that one, JOEY). But with the tape so clearly showing nothing but dumping, he is now forced to acknowledge on a daily basis that “OK, yes, there was some .05 stock sold today”…

As the shares some have been in for over a year and have been sold "responsible" and slowly.

So you consider 5M shares getting dumped within days of the first tranches of the 22M total shares of .05 PIPE stock unlocking and cratering the sp from .165 down to .082 to be “responsible” and “slow”? OK…

Because these financiers want higher prices when they sell not like converters who intentionally knock the stock down during certain time parameters so they can get more shares and cheaper shares. TOU SEE IF YOU TAKE THAT SAME 1.1M DOLLARS THAT WAS RAISED 22M SHARES IF WE DID CONVERTS IT WOULD BE APPROX 2.5X TO 3X THE AMOUNT OF SHARES AND THE CONVERTS WOULD HAVE CRUSHED THE SHARE PRICE.

Nope, wrong again. The math has been provided many times here already and the number of convert shares would have been far LESS and the pricing on those shares would have been much HIGHER relative to the 22M shares of .05 PIPE stock.

In addition, the “games” that convert holders play is very temporary as they only need a few solitary low prints – they do NOT need 1M shares and 1,000 trades all printing LOD trades. Once they have their solitary prints, they actually WANT THE SP TO GO UP so that they can actually profit from this maneuver, so once they have their low prints their interests align w/ours. This is precisely why the endless conversions of the 39 or so notes over the past 12-15 months have NOT really impacted the sp all that much.

And chew on this: Paying down the notes upon maturity and PREVENTING CONVERSION ALTOGETHER is the ultimate trump card. And we all know that SCRC would have had the cash flow to do so. And even before the 1st dollar was earned from Main Ave, BS Schneiderman knew that a compounding Rx would be a cash cow, so the odds were heavily in favor of SCRC being able to paydown the notes on time – again, minimal risk of dilution even before Main Ave became what it is now.

I HAVE BEEN TOLD BY 2 VERY SOPHISTICATED INVESTORS THAT WE WOULD HAVE PRICED 50M SHARES AT .02 LAST YEAR AND IT WOULD HAVE BEEN LIGHTS OUT FOR SCRC IF WE WENT THE WAY OF CONVERTS. CONVERTS ARE ABSOLUTELY TOXIC.

Ummm, sorry, JOEY, but fellow CORE members don’t count. After all, “CORE” and “Sophisticated” are like matter and anti-matter… …in this plane of reality it is not possible for both to exist concurrently with each other lest the entire universe folds over and collapses upon itself…