ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

On the pipe shares there was a 6 month restriction before they could even be sold. So when it was said that they were being sold they were not even off restriction.

They have been stated to have begun getting dumped into the float and cratering the sp in mid-JUL’14, which was more than 6 months after the initial tranches began unlocking. The SEC filings will verify this, and the historical tape bears witness to the carnage inflicted on shareholders as the sp crumbled from .165 to .082 as a direct result of the avalanche unleashed by the dumping of the .05 PIPE stock…

People are free to sell what they want.

Of course they are. BUT, securities laws specifically prohibit those who have been compensated to promote a stock from sticking their hands into other innocent investors’ pockets by failing to disclose their compensation and resulting conflict of interest. In this context, JOEY Z and his criminal CORE are most certainly NOT free to sell what they want as this would now fall under the purvue of Section 17(b) of the Securities Act of 1933…

The point is, out of the many pipe shares there is a very very small percentage being sold.

You keep saying this even though proof of the exact opposite is repeatedly provided to you proving otherwise, LOL…

It's no different from someone who bought at .06, .07, .08 and so on.

Ummm, is this for real? OK, here we go then…

(1)
No public shares have EVER been available at either the .06x level or the .07x level. Seaside is the ONLY market participant to EVER hold such shares. And that would make them less friendly that Ironridge but more friendly than JOSEPH ZAMPETTI and his fellow criminal CORE PIPE-holders. No one ever said that the .06x and .07x shares were friendly.

(2)
Only a very very very few shares traded at the .08x level, so it is both disingenuous and offensive to existing shareholders (especially those who were lured by JOEY Z and his CORE into buying during the epic P&D) to suggest that it is their own fault for not scooping up the .08x shares and averaging down—because even if they did, there were NOT enough shares traded at that level to even make them even at today’s prices.

(3)
And here’s the final difference: Seaside and Ironridge didn’t hide from who they were, and they didn’t spend 24/7 trolling internet MB’s pretending to be retail investors the way JOEY Z and his criminal CORE did (and still are doing), intentionally spreading mis-information, toxic kool-aid, and intentionally fatal investment advice. And as for any retail investor who may have been fortunate enough to grab even a small slice of the .08x shares – GOOD FOR THEM. They did it the old-fashioned and honest way. They waited patiently and bought them on the open market at fair market prices – and their shares are STILL over 65% higher than the .05 PIPE stock that JOEY Z and his criminal CORE swindled their way into.

JOEY Z and the CORE have NOTHING in common with those retail investors who bought any of the .08x shares.