ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Regarding the 17m shares price at levels from .09 to .20. What that is are the reported prices on the BB of when each .055 transactions were done.It is required that scrc reports the prices and share count from .09 to .20. for example wwhen a few investors got involved last january you will notice approximately 918k shares and anoth 918k shares were priced at .20. That was when the raise started. Hence investors back in late jan got 1.8m shares at .055 however the Price at the time of the distribution was .20 which is required to be reported. when u look at the 17m shares in the area of .09 to .14, you will see more ahares In that area priced in the filings as the price was coming down Feb to April, hence more shares priced in filings. I am 100% sure of this information. 17m shares have to be reported what the prices were at the time of the .055 raise. This is factual and are only shares out there are 22m priced at .05y5. 17m shares. Between .09 to .20 are the actual prices that are a necessary requirment to be part of the filings.

Oh my goodness, are we just making stuff up now??? Sorry, but, no – very much, no. Wrong answer. Incorrect. Try again.

Egads, companies do NOT have to report the market values of the stock they issue. They only need to report the price they were issued at (i.e. the cost basis). If they were issued at .20, then they are reported at .20 regardless of what the current price is on the day they issue them. If they were issued at .05, like with the 22M shares of PIPE stock, then they are reported at .05, again regardless of what the current price is on the day they issue them.

It is investors who would then research what the market price was on the date of issue to get an idea of how much of a discount was given to the financiers.

the 17m shares are a PAPER TRANSACTION NOT ADDITIONAL SHARES I am certain of these facts.

Wrong again. I guess we really are going to re-live “Groundhog Day” again, just like last time where you swore up and down that another SEC filing disclosure I shared with the board re: the monthly breakdowns of the 22M .05 PIPE shares didn’t exist either and that I was lying then as well, LOL…

It makes me so sad that even I am compelled to show pity and can’t help but toss you a bone… …so here’s a couple of hints for you:

(1)
What the heck do you think “overhang” is? It has ZERO to do specifically with convert notes or any “new” financing. Although the technical definition came about as a way to track the dilutive impact of unexercised executive stock options, the more common use now is that it’s simply a term used to describe stock that has been released into the float but for which there has NOT YET been any clear indication that it has flushed thru the float.

(2)
Go back and read what I said again when I first referred to this 17M shares. It was only a few days ago so it shouldn’t be hard to find. What I said was this, and I will go real S-L-O-W-L-Y this time:

…that there were 17M shares that were in the overhang priced at .13x or lower as these represent those portions of the TOTAL overhang that are priced to sell at the current sp levels (you with me so far? Let me know if I’m going too fast for you).
…that of these, the ones priced between .08 and .11 were effectively gone (i.e. flushed thru) by now.
…that therefore, of this 17M shares priced at .13 or lower, only 6M remain, which represent those priced at .12x and .13x.
…that these shares specifically EXCLUDE any of the 22M shares of .05 PIPE stock.
…and then I went on and provided details and approx quantity levels of the additional overhang that was priced at each penny-increment level above .13.

But, please, feel free to believe that these shares don’t exist, LOL…

…after all, it MUST be nothing more than sheer coincidence that the sp has stalled a bit in the high .19x and .20 levels over the past few days right even though we experienced multiple 1M+ share volume days? I mean it couldn’t have ANYTHING to do with the larger quantities of overhang shares priced between .13x - .14x that I had warned about that would cause resistance heading into .20 because these were now all (especially the 3.1M shares priced at .14x) priced to sell as soon asthe sp sniffed .20???