ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

DILUTION UPDATE:

First off, apologies to those who have been requesting this for some time now, but due to the low liquidity we have been experiencing, it simply is of no value to provide updates every few days or even weekly or bi-weekly.

As it has now been a month since my last update posted on 1/25/15, and approx 5.3M shares have traded, an update is now warranted for folks to get a picture of where we are at and what we still face.

As a reminder, understand that there is no exact science behind this and there is NEVER any way to know for sure. That being said, as explained previously, I have found that for penny stocks, there is a statistical pattern/relationship that has historically shown to be tried and true in being a fairly reasonably accurate gauge for this. As such, here is what remains IMO:

• Priced between .06x and .13x ----- 0 shares left ----- started out w/21.0M shares (all gone, IMO)
• Priced at .14x ----- 1.0M shares left ----- started out w/3.1M shares (priced to sell at around .196)
• Priced at .15x ----- 0.5M shares left ----- started out w/0.8M shares (priced to sell at around .210)
• Priced at .16x ----- 1.0M shares left ----- started out w/1.0M shares (priced to sell at around .224)
• Priced at .17x ----- 1.9M shares left ----- started out w/1.9M shares (priced to sell at around .238)
• Priced at .18x ----- 0.2M shares left ----- started out w/0.2M shares (priced to sell at around .252)
• Priced at .19x ----- 1.0M shares left ----- started out w/1.0M shares (priced to sell at around .266)
• Priced at .20x ----- 0.9M shares left ----- started out w/0.9M shares (priced to sell at around .280)
• Priced at .27x ----- 0.6M shares left ----- started out w/0.6M shares (priced to sell at around .387)
• .05 PIPE stock ----- 6-7M shares left ----- started out w/22.0M shares (always priced to sell immediately)

So we can see that the major change is that all the .12x and .13x shares are now effectively gone.


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I noticed that you refer to inner circle as criminals in scrc. How precisely are you referring to? Its contained in your post please answer.

@PIPEdream1,

So does this now make 50 times and counting now that you are asking pretty much the same question over and over again?

And, so, for the 50th time, here is the response:

Without exception, every “serious long-term investor” that I know in SCRC or any other stock would have read or noticed the flood of disclosures re: dilutive events in the SEC filings over the past 18+ months of stock ownership. Not to mention that these specific disclosures have been posted here on this very board several times – typically every few months when JOSEPH ZAMPETTI dispatches one of his yes-men-foot-soldiers out into the public space to recycle the same denials and lines of arguments even though they have been factually demonstrated over and over again previously – but it is all about appearances for the sake of the newbies so I get the ruse. But that’s cool, I don’t mind re-posting everything again so that newbies can see what they are walking into here:

On May 1, 2013, the Company issued 270,000 restricted shares of its stock to Joseph Zampetti (gasp! No way! Not JOEY Z!!! LOL…) for services to be rendered under a consulting agreement. These services were valued at $54,000.

On May 14, 2013, the Company issued 500,000 restricted shares of its common stock to Black Cat Consulting Inc. for investor relations consulting services. These services were valued at $110,000. (NOTE: Black Cat Consulting = Adam Brosius. Sound familiar? LOL…)

On June 6, 2013, the Company issued 490,000 restricted shares of its common stock to Joseph Zampetti and an aggregate of 260,000 restricted shares of its common stock to seven designees Mr. Zampetti, all of which were issued for services rendered by Mr. Zampetti under a consulting agreement. These services were valued at $165,000.

On June 20, 2013, the Company issued 200,000 restricted shares of its common stock to Joseph Zampetti and 25,000 restricted shares of its common stock to a designee Mr. Zampetti, all of which were issued for services rendered by Mr. Zampetti under a consulting agreement. These services were valued at $155,000.

On June 24, 2013, the Company issued 100,000 restricted shares of its common stock to Robert W. Tippin for services rendered under a consulting agreement with regard to investor relations services. These services were valued at $41,000.

On June 25, 2013, the Company issued 100,000 restricted shares of its common stock to Bruce Berenberg for services rendered under a consulting agreement with regard to investor relations services. These services were valued at $41,000.

On July 11, 2013, the Company issued 250,000 restricted shares of its common stock to Joseph Zampetti and 525,000 restricted shares of its common stock to a designee Mr. Zampetti, all of which were issued for services rendered by Mr. Zampetti under a consulting agreement. These services were valued at $751,750.

On July 11, 2013, the Company issued 150,000 restricted shares of its common stock to Bruce Berenberg for services rendered under a consulting agreement. These services were valued at $145,000.

On July 11, 2013, the Company issued 50,000 restricted shares of its common stock to Jon Van Wart for services rendered under a consulting agreement. These services were valued at $48,5000.

On July 11, 2013, the Company issued 25,000 restricted shares of its common stock to Michael Hon for services rendered under a consulting agreement. These services were valued at $24,250.

On July 15, 2013, the Company issued 10,000 restricted shares of its common stock to Jeffrey Supinsky for services rendered under a consulting agreement. These services were valued at $5,200.

On July 15, 2013, the Company issued 200,000 restricted shares of its common stock to LJMC Consulting LLC for services rendered under a consulting agreement. These services were valued at $104,000.

On July 15, 2013, the Company issued 150,000 restricted shares of its common stock to Jack Battagilia for services rendered under a consulting agreement. These services were valued at $78,000.

On July 15, 2013, the Company issued 75,000 restricted shares of its common stock to Randy Kopf for services rendered under a consulting agreement. These services were valued at $39,000.

On July 15, 2013, the Company issued 150,000 restricted shares of its common stock to Michael Hon for services rendered under a consulting agreement. These services were valued at $78,000.

On July 15, 2013, the Company issued 150,000 restricted shares of its common stock to Chase Fritz for services rendered under a consulting agreement. These services were valued at $78,000.

On July 15, 2013, the Company issued 400,000 restricted shares of its common stock to Bruce Berenberg for services rendered under a consulting agreement. These services were valued at $208,000.

On July 15, 2013, the Company issued 75,000 restricted shares of its common stock to Andrew Berenberg for services rendered under a consulting agreement. These services were valued at $39,000.

On August 13, 2013, the Company issued 26,373 restricted shares of its common stock to Hal Hall for services rendered under a consulting agreement. These services were valued at $9,750.

On August 16, 2013, the Company issued 1,153,000 restricted shares of its common stock to various consultants for investor relations and/or public relations services under consulting agreements, which services were valued at $355,530 (in the aggregate).

On October 7, 2013 and November 21, 2013, we issued an aggregate of 24,444 restricted shares of common stock to Nick Torrens under a consulting agreement with regard to public relations services. The shares were valued at $3,289.

On October 15, 2013, we issued an aggregate of 1,000,000 restricted shares of common stock to Black Cat Consulting, Inc. under a consulting agreement with regard to investor relations services. The shares were valued at $140,000.

On December 16, 2013, we issued 250,000 restricted shares of common stock to Sean Fitzgibbons under a consulting agreement with regard to investor relations services. These shares were valued at $32,500.

So that makes over 2 dozen named and un-named individuals and entities who had been compensated to promote or otherwise bring publicity to SCRC. And nary a single solitary Section 17(b)-compliant disclosure from amongst the lot of them in spite of literally tens of thousands of instances of public hype across numerous public platforms as well as other documented communications from these individuals soliciting new investors to buy and hold SCRC stock.

And there is plenty of documented evidence that exists that clearly connects the dots between these individuals and the identities they assume in the various platforms across the public space. Many retail investors who are regulars here in pennyland know very well who JOSEPH ZAMPETTI, BLACK CAT CONSULTING (aka ADAM BROSIUS), SEAN FITZGIBBONS, BRUCE BERENBERG, ROBERT TIPPEN, JEFF SUPINSKY, MICHAEL HON, CHASE FRITZ, and the other named “consultants” are. And all this documentation (which, unfortunately cannot be posted here due to violations of the TOS, but rest assured the SEC and other regulatory/enforcement agencies have no such TOS restrictions and have been provided with everything) is separate from and in addition to the fact that in other venues in the public space, JOSEPH ZAMPETTI has actually self-disclosed his identity vis-a-vis his various public aliases.

So we see that CEO Bob personally authorized payment in excess of 6M shares of 0.00 cost restricted stock (not to mention a blow of $2.5M-$3M against the bottom line) to good ol' JOEY Z and a small army of both named associates as well as additional un-named “designees”.

For JOEY Z specifically, it started with an advance down payment on 5/1/13 for services "to be rendered", followed up by 2 progress payments on 6/6/13 and 6/20/13 as the promotional work began, and culminated with a final payment on 7/11/13, the day the promotions began dying down and the stock began its descent from $1.05 down to as low .08 exactly 3 months later.

In fact, SCRC was even noted by several financial sites as being under heavy promotion during this period.

"But how do we know who JOSEPH ZAMPETTI is and what consulting services he really provided to SCRC?"

Easy. You see, JOEY Z is quite infamous to those investors/traders who frequent pennyland. His countless public proclamations across numerous public platforms (~1,300 re: SCRC in less than 3 months that all miraculously coincided with the payment timelines disclosed in the SEC filings!) and countless personal invitations to others inviting them to buy into SCRC during the exact period for which his compensation took place tells the tale of the nature of the "services" which JOEY Z provided to SCRC -- all in violation of securities regulations, specifically the lack of disclosure in compliance with Section 17(b) of the Securities Act of 1933.

And I’ll leave you with this one final tidbit: JOSEPH ZAMPETTI was banned from a very well-known investor message board for being a non-disclosing paid promoter. You think a high-profile MB is going to ban someone for this type of violation unless they saw clear-cut evidence of it???

Here endeth the lesson...

Oh, and before anyone has to ask: The reason this is still relevant NOW is because JOEY Z and his "inner circle" (LOL!) of criminal associates are STILL flooding all corners of the public space posing as regular "retail joes" on various public platforms WITHOUT disclosing their compensated status (and resulting financial conflict of interest) hyping SCRC stock BECAUSE they just so happen to ALSO be the holders of the uber-toxic .05 PIPE stock that unlocked during the latter part of 2014 and has been -- and continues to be -- getting slowly dumped, but for which millions upon millions of shares still lurk in the overhang.

Again with the criminal stuff? I must have missed the specific evidence proving these people are criminals?

As I stated above, there are scores upon scores of documented evidence, but they unfortunately cannot ever be posted here due to iHub's TOS restrictions. BUT, fear not, concerned citizen, because as I also stated above, the SEC and other regulatory/enforcement agencies don't give a crap about any TOS restrictions and so they have been provided with everything. So depending upon how long it will take them to sludge thru their backlog in this post-budget-cut environment, you can rest safe knowing that JOSEPH ZAMPETTI and all his "inner circle" (LOL!) of fellow criminals will literally have to spend the rest of their lives looking over their shoulder wondering "Is today the day that I get ripped apart from my family and make them live the rest of their lives in shame at what I have done?"

And as I recommended to you previously, you could just obtain the info straight from the horse's mouth by asking JOSEPH ZAMPETTI directly.

If you can't reach JOEY Z via speed-dial, you can email this publicly-disclosed SCRC “consultant” at:

[e-mail]

And once again, if you have difficulty reaching SCRC’s official resident racist homophobe, let me know and I will be more than happy to provide you with the contact info for some of the other “investor relations consultants” that were publicly disclosed by SCRC as having been compensated to promote the stock who -- like JOEY Z -- have also committed securities fraud against SCRC shareholders by intentionally and willfully violating Section 17(b) of the Securities Act of 1933.

I once again urge all SCRC shareholders to contact SCRC’s “homophobic consultant of the year”, JOSEPH ZAMPETTI, thank him for stealing countless millions of shareholder money, thank him for tainting SCRC's name and reputation on the Street, and ask him why he elected to violate securities fraud laws and when he will begin properly disclosing his compensated status as a paid SCRC promoter in accordance with Section 17(b) of the Securities Act of 1933…


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The effect of patients deductibles in the beginning of the year are more greatly to effect SCRC numbers percentage wise than to Amgn and Eli Lilly.

This makes absolutely zero sense whatsoever. If I was comparing raw dollar amounts, then of course these companies would be incomparable. BUT, percentage-wise, they are very much comparable. Comparing percentages is very much how almost every company in virtually every sector measures itself against its competitors and other homogenous entities.

Have we forgotten so quickly how you were so willing and eager to compare SCRC to GlaxoSmithKline (another global pharma powerhouse akin to both Amgen and Eli Lilly) when SCRC's selling expenses shot up thru the roof from 45% in Q1-Q2 last year to 65% in Q3, claiming that GSK had sky-high selling expenses and that everything was peachy with SCRC and that folks should keep buying and holding SCRC and disregard the fact that the $12M annualized increase in selling expenses LITERALLY wiped out 7.1-8.7 cents of EPS (ironic because here we are wondering if SCRC will earn 4 cents EPS this year when it HAD BEEN on pace to earn between 11.1-12.7 cents already)? Apparently, GSK being a goliath global pharma entity was not an "apples to oranges" comparison when it could be spun to hype SCRC and downplay bad news, was it? But now being a global goliath suddenly becomes an "apples to oranges" comparison? LOL, OK...

Oh, and let's not also forget that I had subsequently shown what GSK's actual selling expenses were and they were NOTHING like the sky-high commissions you had claimed them to be (in fact, they were significantly LOWER than even when SCRC's selling expenses were at 45%), and which actually proved your own statements and assertions to be wholly false and misleading.

The bottom line is that regardless of size, all pharma companies have product that is dispensed via physician Rx's and filled at pharmacies. And all of them are impacted by deductibles re-setting each January 1. Percentage-wise, they should all be within the same general ballpark of each other, +/- an acceptable standard deviation. If not, something else is at play. It's not that difficult to understand.

So once again we have to clear the air for the distortion of comparison of facts being printed here. As I said once again, this is getting old.

The only distortion is from JOSEPH ZAMPETTI and his minions who were given the 28M shares of 0.00 and 0.05 PIPE stock who are posing as regular retail joes desperately trying to hype SCRC to high heaven in an effort to drum up bid support and buying interest so that they can liquidate the remaining millions and millions of toxic stock they still hold.

The financial conflict of interest is plain as day. And all of it undisclosed. Well, not all of it undisclosed. You are the only one who has publicly disclosed here on this board that you are not only a proud associate who has "worked" with the racist homophobic criminal JOSEPH ZAMPETTI, but that you are also one of the 30-or-so public figures/financiers disclosed by SCRC within its SEC filings as holding shares of the toxic .05 PIPE stock. So, again, thank you for having the courage to publicly disclose this financial conflict of interest. But it is still a financial conflict of interest, nonetheless.

And, yes, it is getting quite old...


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no one cares about July 2013; now it's Feb 2015 and different stock with a much different story.

Unfortunately, as much as retail investors would like to focus solely on the present and future, we cannot.

Why?

Because JOSEPH ZAMPETTI and the same "inner circle" of Section 17(b)-violating criminals who were recklessly pumping in order to dump the 6M FREE shares they were given by BS Schneiderman as compensation for promoting SCRC stock are back for a second bite at the apple and ARE STILL AROUND SWARMING ALL CORNERS OF THE PUBLIC SPACE PUMPING THE LIVING DAYLIGHTS OUT OF THE STOCK AS THEY CONTINUE TO SLOWLY DUMP THE 22M SHARES OF UBER-TOXIC .05 PIPE STOCK that only began unlocking last JUL-2014.

I stand by my prior statements that IMO only those who are affiliated with JOSEPH ZAMPETTI and are part of the 30-or-so financiers who hold tranches of the .05 PIPE stock would want to discourage newbies from learning about the past, in particular the criminal players who were involved, and the fact that they are still around working their con...


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I believe that p&d was orchestated by money runners

Sorry, but this has been one of the red herrings that JOSEPH ZAMPETTI has been instructing his foot servants to try to spread into the public space for well over 18 months now in an effort to cast attention away from himself and his "inner circle" (LOL!) of fellow criminals.

Money Runners did not begin pumping SCRC until the very end, and they only did it for 1-2 days. The P&D is well-documented to have been orchestrated by JOSEPH ZAMPETTI and his gang of thieves. The timing of the beginning of the pump vis-a-vis when JOSEPH ZAMPETTI and his "inner circle" received their payments is irrefutable.

Money Runners was NOT paid by SCRC to do anything. Money Runners was simply an opportunistic private player who saw the momentum that was already being created by JOSEPH ZAMPETTI and his pumping crew, and decided to pile on at the end. That's it. WITHOUT JOSEPH ZAMPETTI'S PUMPING EFFORTS, Money Runners would never have even given SCRC a second glance.