ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Its very simple. The convertible notes from ir and the like nearly killed us. It would have been stupid to get in bed with anymore of these sharks. End of story.

Atleast the pipe shares went to retail investors who more than not plan on holding them. Any finance firm would have dumped those notes to no end thus cratering the sp to sub penny levels.

LMAO!!! Your statements are once again full of mis-statements and factual inaccuracies.

(1)
Ironridge NEVER was party to any convert notes.

(2)
In addition, the recent 13G that was filed just a little over a month ago showed that Ironridge NEVER sold their shares -- which effectively PROVED what I have been saying for over a year now: That, just like with the finger-pointing at Seaside, Ironridge had absolutely NOTHING to do with the numerous sp craterings over the past 18 or so months, and that this was simply a sad attempt by the criminal homophone JOSEPH ZAMPETTI and his proud associates (both the criminal and non-criminal variety... ...but mostly criminal) who held the 28M shares of 0.00 and 0.05 PIPE stock to shift blame/attention to deflect attention away from themselves and the fact that it was THEIR OWN SELLING that has been cratering the sp. Once again, comparing when the craterings occurred against the dilution dates per the SEC filings pretty much confirms this as I have been saying for 18 months now...

(3)
"Retail investors who more than not plan on holding them"???

LMAO!!! That reminds me of that commercial I heard on the radio where they say: Now that's what we call "The Full Pinnochio"...

Hmmm, let's see here. If I'm BS Schneiderman and I'm looking for legitimate retail investors who will hold the shares long-term, then why in world would I give the shares to retail players who are notorious penny flippers? And why would I give them to retail players who I already know are SEC-violating criminals?

So, pray tell, if these heroic retail investors are continuing to swear up and down that they intend to hold the shares long-term (which, in the mind of penny flippers simply means "more than 24 hours", I suppose, LOL), then why did we see millions get dumped immediately right when the first tranches unlocked, cratering the sp back down to the .08/.09 levels, hmmm? And why is it that approx 65% of the 22M shares of the radio-active (is that a better adjective for you than "toxic", LOL?) have been dumped already?

Please...

(4)
"Any finance firm would have dumped those notes to no end thus cratering the sp to sub penny levels."

Ummm, I have proven to you numerous times already that NONE of the 39 convert noteholders EVER dragged the sp down when they converted/liquidated their shares. It is because they ARE professional financiers who realize that to MAXIMIZE their own returns, that they need to liquidate in a controlled manner in order to ensure that ALL (or as close to all as possible) their shares can be sold at comparable price levels.

As I posted numerous times, most recently just again to kenbe just now, the ONLY times that SCRC's sp has EVER cratered in its entire history can be empirically proven to be connected to reckless dumping of either the 28M shares of 0.00 and 0.05 PIPE stock AND/OR the additional countless millions of additional shares that they personally bought/frontloaded which all became priced to sell once the 0.00 and 0.05 shares were averaged into their portfolios.

It is BECAUSE these toxic .05 PIPE shares went to 30+ retail flippers that the sp cratered. This is because instead of having all these shares controlled methodically by one entity, we have 30 chickens running around with their heads cut off, each tying to grab their slice of the pie before their fellow con artist does. It was the textbook "There is no honor among thieves" scenario. This was a recipe for chaos and volatility and it delivered as advertised.

(5)
As I (not to mention the SEC filings as well) have proven many times to you, with the cash flow from Main Ave that SCRC experienced during 2014, SCRC would have easily been in a position where it could have paid down any convert notes, thereby PREVENTING any dilution from occurring at all. After all, financiers can't sell shares that they don't receive... ...unlike the toxic .05 PIPE deal, which not only increased the O/S count by 25% and increased the float by approx 40%, but became 100% PERMANENTLY dilutive the moment the deal was signed -- and put SCRC in a position where it COULD NOT PAY ANYTHING DOWN AND COULD NOT PREVENT DILUTION EVEN IF IT HAD THE CASH FLOW TO DO SO.