ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Awww, look who's back from vacation -- SCRC's own officially sanctioned criminal homophobe JOSEPH ZAMPETTI. I've really missed him, as it just isn't the same pointing out the stupidity of his mindless minions who have thus far never been permitted (capable?) to think for themselves...

...so let's dive right in, shall we?

Many have pointed out to me when we did no revenues the stock was a lot higher which is a true statement.

Pssst, JOEY Z, the "many who have pointed this out to you" has actually just been YOU repeatedly pointing it out to yourself in your continual attempts to pump the stock and lure newbies into buying/adding/holding but never selling/trading...

...a company having stock trade higher BEFORE it generates revenue is not uncommon: it is called speculation and anticipation. But once a company begins operations, then real numbers begin replacing the "speculation", and the REAL value of the company becomes readily known -- which is why the sp will either move up or move down pretty quickly in lockstep with 10Q/K filings disclosing official audited numbers.

And in the case of SCRC, the real numbers have fallen precipitously which -- combined with the massive dilution which YOU and your fellow criminal CORE group are largely responsible for -- is primarily why we are here in the .02x levels.

And, no, JOEY Z, it is NOT realistic to expect that magical cost savings will magically cause SCRC's earnings to multiply while in the face of free-falling revenues. Basic math tells us that as revenues drop, the incremental benefits of cost savings shrink. Here is how it works:

If Q1 earned $400k from $8.7M in approved orders, this represents 4.6% earnings. In Q2, we know approved orders plummeted approx 35% to $5.7M. In order for Q2 to earn simply the same $400k, this would mean that Q2's earnings were 7.0%. To jump from 4.6% earnings to 7.0% earnings, SCRC must effectively slash expenses by 52.2%. Just think about that. When have you ever heard of any company slashing expenses by FIFTY-TWO PERCENT???

So now let's look at Q3, with its approved orders of $3.3M. This represents a freefall of over 62% from Q1. For Q3 to see $400k in earnings, this would represent a staggering 12% of earnings. So I suppose all the sales people are working for free now and donating their commissions back to SCRC just because they are nice and swell folks?

LEGITIMATE retail shareholders should familiarize themselves with SCRC's financial statements and think about how much fixed costs SCRC has that are NOT tied to revenues. These are costs that are incurred and remain the same (unlike COGS and commissions) regardless of whether approved orders are $1 or $1B dollars. In fact, as approved orders fall, these fixed costs consume an exponentially increasing percentage of the revenues.

And we haven't even begun discussing SCRC's debt service costs as well as the new financial burden of having to pay down all those new expenses, loans, and credit cards related to BS Schneiderman's termination.

And here's the most high-risk element of attempting to project revenues/earnings: The intentionally vague PR recently stating that MAY-JUN approved orders were a "combined" $2.23M. We have ZERO clue whether this was spread out as a consistent $1.115M per month (which would be a positive as it indicates the freefall has ended and revenues are beginning to flatline -- which is a necessary first step in order to then begin growing again) OR whether this was spread out as MAY having $2M and JUN having $0.23M. See the difference? The former paints a VERY different picture of where SCRC is headed vs the picture that the latter is painting...

Do not listen to people that say there are 100m shares .02 to .03 priced to sell .04 to .05. THERE IS NO SUCH THING THAT EXISTS AND NOONE KNOWS WHEN AND IF AND WHERE PEOPLE WILL SELL.

LOL, oh the stench of desperation is strong with you today, JOEY Z!!! 100M shares, eh? Wow, was that before or after you caught a fish that was "thhhiiiissss big"?

Yes, JOEY Z, you are 1000% spot on when you say that nobody buys penny stocks to flip, and that everyone buys penny stocks to lock away in a vault, LOL... ...yes, of the thousands upon thousands of penny stocks out there on the market, SCRC once again is the singular exception to the rule in this regard, right? So the countless times that the sp has risen over the past couple of years only to come crashing down to lower lows is merely a coincidence, right? And that virtually every single time I shared DD w/my periodic "Dilution Update" posts and warning folks about price points to watch out for, that when resistance hit at those levels, that all those were simply cosmic coincidences as well?

Well, I'm really really sorry that LEGITIMATE retail shareholders have gradually figured out who you are and are no longer willing to provide "float lockdown" for you and your fellow criminal CORE members while you flip your shares.

But, sure, your continued advice to "stay strong" and just keep on holding because "you can't keep a good stock down" is simply stellar -- after all, this advice has already cost folks up to 98% of their portfolio value, so what's another 2% to finish them off, right? After all, it's not a successful pump campaign unless you can steal all 100% of their money, right?


But hey, who am I kidding? Who needs real numbers and real math? All we need are the continued kool-aid filled pumps by a Section 17(b)-violating criminal, right? I mean, what could possibly go wrong? Besides having the sp lose almost 98% of its value since JOEY Z began pumping that the sp was imminently on its way to $4, and to now be lingering down in the .02x levels, that is...

...and, BTW, since you just love to insist that there has been "no wrongdoing", then why don't you and your fellow securities-fraud law violating CORE members show us those MANDATORY Section 17(b) disclosures that the SEC REQUIRES all compensated promoters to include EVERY SINGLE TIME you bring publicity to SCRC?