ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

...and re: the toxic .05 PIPE stock, I personally think that there are only a few million shares left, but as I have stated several times here on this board, the 22M shares of the actual PIPE stock is NOT the only problem. These are simply the tip of the iceberg.

Remember, we have approx 30-ish individuals who participated in this PIPE deal. And many of them also participated in the P&D campaign and received compensation from SCRC of 6M more FREE shares... ...and on top of that, I would surmise that all of them had also personally front-loaded and have been actively trading the rips and dips over the past couple of years as well... ...so what does this all mean? It means that these amateur PIPE financiers/promoters actually have much much more than simply 22M shares of .05 PIPE stock that they are dumping.

With 30-ish individuals involved, I would not be surprised one bit if in total, the aggregate number of shares that all became priced to sell due to the averaging-in of the 28M shares of 0.00 and 0.05 PIPE stock (not to mention the active trading) is between 40-50M shares.

@dippyfloppity,

In case you have not seen the latest Investor Presentation deck yet, here is a relevant excerpt from page 5:

Share Structure:

* 138,829,119 Outstanding
* 37,000,000 Held By Founders
* 17,000,000 Restricted
* 40,000,000 Held By Core Group

So SCRC's own disclosures here confirm that my estimate is dead-on.

But as I stated previously, there is no way to know for sure when it is all gone -- and who knows, it may very well be that CORE members will hold onto a few as their own fee lotto tickets to speculate on SCRC's long term future.

The important thing is to just look for indicators that the overwhelming majority of their 40M shares are gone, because once only a few million remain, they should lose their ability to devastate the sp the way they have been doing for the past 18+ months. And the main indicator is the amount of chatter, hype, and pumps you see from JOSEPH ZAMPETTI and his harem of paid whores being spewed into the public space. Their MO has always been to lay low when the sp is tanking and then when the sp begins to reverse itself, the pumping begins as they hype that "this is THE run we've all been waiting for!!!". So evaluate the volume and magnitude of the pumps whenever the sp goes on a bullish run -- and THAT will be your indicator as to whether this CORE group still has a material amount of shares left or not...

...That all being said, I find it funny (but in a sad and sickening way) that BS Schneiderman is apparently so desperate that he has resorted to including a group of notorious retail penny flippers in his Investor Presentation in order to make it look like SCRC's float number is low... ...does he not realize that ANY legitimate TUT who may be interested in SCRC will not only ask about who this "CORE" group is, but also do their own DD? It will not take long for a TUT to figure out that BS Schneiderman has improperly included shares held by retail traders in a slide that is intended to represent SCRC's float...