ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

If anyone has questions regarding what SCRC has on the books regarding dilution email [e-mail] or give him a call. Make an informed decision, as the saying goes, get it from the horse's mouth. Let me stress again THERE ARE NO NOTES LEFT AS SCRC WENT THRU 39 NOTES OVER THE LAST 18 MONTHS. IRONRIDGE WHO HAD 12M SHARES IS LONG GONE.

Amazing. That is word for word verbatim from the talking points that JOSEPH ZAMPETTI has been putting out into the public space recently. Stunning coincidence.

Too bad it is completely irrelevant to the discussion re: the “mysterious” 17M shares.

The fact that JOEY Z still thinks that it refers to debt still on the books further confirms that he and his core group of criminal non-disclosing promoters and PIPE-holders have zero clue about significant matters about SCRC that impacts investors/shareholders.

From a practical perspective, to the extent that it pertains to debt-related or other issuances of restricted stock, overhang means that it is NO LONGER ON THE BOOKS. It cannot become part of the overhang UNLESS the shares have already come off restriction and are now free-trading… …and they don’t come off restriction unless they’ve been ON restriction to begin with… …and they don’t get ON restriction unless they’ve been issued to someone… …and they don’t get issued to someone UNTIL the debt or other payment obligation is satisfied and OFF THE BOOKS…

Once restricted stock is issued for whatever reason, a company and its execs (be it SCRC or any other public company) stops tracking it and stops caring about it because it is off the books and it is now out of their hands what the recipient of the stock does with it.

BUT… …this is where existing and potential shareholders very much have a need to continue tracking these issuances of restricted stock as they make their way thru the float – and that is where the SEC filings come into play, which brings us back to JOSEPH ZAMPETTI and his core group of criminal PIPE-holders’ inability to read and comprehend the SEC filings…