ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Gregory FCA will have the 10K and be pushing it and getting Bob ready for this event. Usually you see a little bump in PPS and volume during and right after events like this. Preparation is key here. A good 10K and solid presentation should work wonders here.

@Newtoscrc,

Although it is certainly possible that SCRC may file its 10K early, is there something you are aware of that makes you think that they will file early (or are even likely to file early) this year?

Remember, the 10K is not due until 3/31/15.

For every year of SCRC's public existence, SCRC has actually filed its 10K late and needed to file a 10K-NT on 4/1 of each year to request an additional 15 day extension, by which they ended up filing their 10K on 4/15 both last year and the year before.

If the 10K is ready for this conference on 3/19, then this means that it will be filed for public consumption that same day or earlier. One thing that can be said with 100% certainty is that if the 10K numbers are being presented at the conference, then the 10K must also be made publicly available at the same time or earlier.


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This is due a nice bounce play momentarily. I'm betting some heavy selling will try and pierce it below .10 only to bounce up to .14 and settle in the .12s awaiting for further information.

@dippyfloppity,

I don't know if it will go sub-.10 as that is still a ways to go -- and we have fallen so far already. That being said, if it does, then I believe you are correct that (absent any further bad news, of course, LOL) there is a decent probability of a bounce of some sort -- if for no other reason than the fact that we are in OTC-land and bounces occur quite frequently under similar conditions.

SCRC is in a really fascinating position right now. From an investing/trading perspective, SCRC is in an almost "binary-event" like situation where those speculating on SCRC's future have the opportunity to see significant movement in either direction over the next 3-6 months depending upon what the news turns out to be on the following items:

(1)
Monthly PR'd numbers as well as Q1 and Q2 official revenue numbers reflecting that CVS/Caremark only impacted Main Ave by the "low end of what would be deemed material". Remember, we know the impact is material to SCRC by virtue of the fact that they included this disclosure in the 8K. HOWEVER, we do not know the magnitude of this materiality -- for example, both 20% and 70% are material to SCRC, but I would surmise that given the steep market reaction thus far that the Street is assuming a near-worst case scenario and that it would react favorably if it were to find out that the impact was in reality closer to the 20% end of the range.

Obviously, the corollary (i.e. the other side of the binary equation) is that if the numbers show that the impact is high, then the sp will likely continue getting punished.

(2)
Monthly PR'd numbers reflecting a sudden significant uptick -- which would indicate that one or more NEW physician/hospital networks has been signed up and is feeding a whole new population of new customers to Main Ave.

(3)
Meaningful increases each month to both the Diabetic Supply segment and the PIMD segment. Again, getting each to at least $500k/mo should begin perking up the eyebrows of market observers as collectively this would represent an accretive addition of $12M per annum in revenues, which would represent a 20%+ increase over the $55M-$60M run rate that SCRC experienced during Q4'14.

(4)
Q4'14 and/or Q1'15 10K/10Q numbers reflecting lower Selling Expenses. Remember, as I explained previously, getting this expense number down is the holy grail for SCRC, as the impact of lowering this expense number is exponentially greater than the impact of ANY of the revenues that any of SCRC's other segments can bring in.

(5)
SCRC actually closing the deals on the two potential equity acquisitions, and seeing actual numbers from these two pharmacies reflecting significant top and bottom line numbers.

Purely speculating here, but considering that we haven't heard squat about United Apothecary and Jungle Jim's ever since the alleged partnerships were announced almost 6 months ago, I wonder if the reason may not be because these partnerships have bombed, but perhaps the nature of the relationship has been undergoing revision and that the two compounding pharmacies being partially acquired MAY BE United Apothecary and Jungle Jim's? AGAIN, 100% PURE SPECULATION.


Should the items above come to pass, then the sp should assuredly rise significantly from the .1275 we are currently at. Obviously, the more of these items that come to fruition, the greater the magnitude of the sp movement. THAT BEING SAID, it is nothing more than a coin flip whether this will happen or not, and that is where the risk lies.

I have always stated that there is a legitimate speculative thesis for SCRC, but that until SCRC solidly proves it business model and uplists to a senior exchange and says "buh-bye" to OTC-land, there is ZERO BASIS to support a "buy and hold" strategy.

Take advantage of what has and continues to be woefully predictable volatility and de-risk in order to accumulate as many free-riding shares as possible and let these be your lotto tickets that you hold in your core portfolio while you trade around it.

For example, the upcoming 10K in a few weeks may be a good opportunity, as we should be able to count on good ol' JOSEPH ZAMPETTI and his "inner circle" (LOL!) of fellow non-disclosing promoters and holders of the toxic .05 PIPE stock to pump the fact that "Q4'14 blew away Q4'13!!!" and "SCRC is on a $64M per year revenue run rate!!!"... ...and we should all know by now that these are FAKE CATALYSTS because not only is comparing to Q4'13 bogus (since Main Ave didn't even exist yet) but we know that Q1'15 revenues will suck and that with the CVS/Caremark loss, SCRC is nowhere near a $64M revenue run rate anymore).

Continued GLTA...



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On how many shares traded the last two days? C'mon. It's easy sp manipulation. Eyes do need to get on the stock but I hardly call it a true sell off and tank.

@PIPEdream1,

Almost 1.5M shares have traded in three days of above-average volume since the PR/8K became publicly known. That is a legitimate indicator thus far.

But the problem is that the sp is what the sp is, and that is currently .1275. Can we see greater volume than 1.5M if and when really good news hits? Of course.

But the problem again is that we all know that when sp's fall, they fall hard and fast like a rock. But when they rise, they rise much more slowly like a feather.

Realistically, considering that we saw the sp go from a high of .1749 the day before the PR/8K became "tradable" to a low of .11 today (close of .1275), we all know that it is highly unlikely that 1.5M shares traded on good news will be sufficient to bring the sp back up to the .17-.18 levels. If history is any indication, it will take much more shares of buying interest to make up the ground that has been lost.