ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Doing some DD on Austin Lewis the Man is a Hedge Fund Manager! SCRC made the right move and so did Austin!

I don't think so...

(1)
SCRC does NOT need another BOD member. We have plenty already. SCRC's business model is insanely simple. The problem is NOT one of governance -- rather, the problem is simply one of EXECUTION... ...which is a MANAGEMENT issue (i.e. turnover Mgmt, NOT the BOD).

(2)
In addition, each BOD member gets compensated in stock, so in the face of dwindling revenues, dwindling earnings, and skyrocketing expenses, the last thing shareholders need is another source of dilution. There are simply too many unnecessary chefs in the kitchen.

(3)
If Lewis' association with his HF is supposed to be a good thing, think again. Have we not learned this by now? HF's are by definition short-term oriented trading entities. SCRC is already effectively controlled by retail traders. Having deep-pocketed TUT traders crash the party will only harm BOTH retail investors AND retail traders. No retail participant should be cheering any HF coming on board. What we need are private equity (PE) firms, NOT hedge funds.

(4)
Lewis' own company is another penny stock that not only HAS NOTHING TO DO WITH PHARMA but has lost approx 80% of its value since the end of Q4'13 -- almost exactly what happened to SCRC during the same period.

(5)
Shareholders should question how, of all the tens of thousands of CEO's out there, BS Schneiderman just so happened to find this Lewis character... ...is it just another cosmic coincidence that, just like Adam Brosius had a seedy connection to the homophobic criminal JOSEPH ZAMPETTI, Lewis is the CEO of a company that has been (and continues to be) actively pumped by publicly-disclosed "proud" associates of JOSEPH ZAMPETTI for quite some time now? Sure makes you wonder whether BS Schneiderman is the puppetmaster or the puppet...

(6)
Please let this be an April Fool's joke...