ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

The "friend" was likely compensated by SCRC. There used to be a list of names, but not sure where it has gotten to. If someone was compensated by a company it needs to be disclosed when pitching an investment.

The names are all disclosed in SCRC's historical SEC filings. Here they are:

On May 1, 2013, the Company issued 270,000 restricted shares of its stock to Joseph Zampetti (gasp! No way! Not JOEY Z!!! LOL…) for services to be rendered under a consulting agreement. These services were valued at $54,000.

On May 14, 2013, the Company issued 500,000 restricted shares of its common stock to Black Cat Consulting Inc. for investor relations consulting services. These services were valued at $110,000. (NOTE: Black Cat Consulting = Adam Brosius. Sound familiar? LOL…)

On June 6, 2013, the Company issued 490,000 restricted shares of its common stock to Joseph Zampetti and an aggregate of 260,000 restricted shares of its common stock to seven designees of Mr. Zampetti, all of which were issued for services rendered by Mr. Zampetti under a consulting agreement. These services were valued at $165,000.

On June 20, 2013, the Company issued 200,000 restricted shares of its common stock to Joseph Zampetti and 25,000 restricted shares of its common stock to a designee of Mr. Zampetti, all of which were issued for services rendered by Mr. Zampetti under a consulting agreement. These services were valued at $155,000.

On June 24, 2013, the Company issued 100,000 restricted shares of its common stock to Robert W. Tippin for services rendered under a consulting agreement with regard to investor relations services. These services were valued at $41,000.

On June 25, 2013, the Company issued 100,000 restricted shares of its common stock to Bruce Berenberg for services rendered under a consulting agreement with regard to investor relations services. These services were valued at $41,000.

On July 11, 2013, the Company issued 250,000 restricted shares of its common stock to Joseph Zampetti and 525,000 restricted shares of its common stock to a designee of Mr. Zampetti, all of which were issued for services rendered by Mr. Zampetti under a consulting agreement. These services were valued at $751,750.

On July 11, 2013, the Company issued 150,000 restricted shares of its common stock to Bruce Berenberg for services rendered under a consulting agreement. These services were valued at $145,000.

On July 11, 2013, the Company issued 50,000 restricted shares of its common stock to Jon Van Wart for services rendered under a consulting agreement. These services were valued at $48,5000.

On July 11, 2013, the Company issued 25,000 restricted shares of its common stock to Michael Hon for services rendered under a consulting agreement. These services were valued at $24,250.

On July 15, 2013, the Company issued 10,000 restricted shares of its common stock to Jeffrey Supinsky for services rendered under a consulting agreement. These services were valued at $5,200.

On July 15, 2013, the Company issued 200,000 restricted shares of its common stock to LJMC Consulting LLC for services rendered under a consulting agreement. These services were valued at $104,000.

On July 15, 2013, the Company issued 150,000 restricted shares of its common stock to Jack Battagilia for services rendered under a consulting agreement. These services were valued at $78,000.

On July 15, 2013, the Company issued 75,000 restricted shares of its common stock to Randy Kopf for services rendered under a consulting agreement. These services were valued at $39,000.

On July 15, 2013, the Company issued 150,000 restricted shares of its common stock to Michael Hon for services rendered under a consulting agreement. These services were valued at $78,000.

On July 15, 2013, the Company issued 150,000 restricted shares of its common stock to Chase Fritz for services rendered under a consulting agreement. These services were valued at $78,000.

On July 15, 2013, the Company issued 400,000 restricted shares of its common stock to Bruce Berenberg for services rendered under a consulting agreement. These services were valued at $208,000.

On July 15, 2013, the Company issued 75,000 restricted shares of its common stock to Andrew Berenberg for services rendered under a consulting agreement. These services were valued at $39,000.

On August 13, 2013, the Company issued 26,373 restricted shares of its common stock to Hal Hall for services rendered under a consulting agreement. These services were valued at $9,750.

On August 16, 2013, the Company issued 1,153,000 restricted shares of its common stock to various consultants for investor relations and/or public relations services under consulting agreements, which services were valued at $355,530 (in the aggregate).

On October 7, 2013 and November 21, 2013, we issued an aggregate of 24,444 restricted shares of common stock to Nick Torrens under a consulting agreement with regard to public relations services. The shares were valued at $3,289.

On October 15, 2013, we issued an aggregate of 1,000,000 restricted shares of common stock to Black Cat Consulting, Inc. under a consulting agreement with regard to investor relations services. The shares were valued at $140,000.

On December 16, 2013, we issued 250,000 restricted shares of common stock to Sean Fitzgibbons (aka Walmart's favorite attorney, LOL) under a consulting agreement with regard to investor relations services. These shares were valued at $32,500.


So we see that CEO Bob personally authorized payment in excess of 6M shares of 0.00 cost restricted stock to good ol' JOEY Z and a small army of both named CORE associates as well as un-named designees.

It started with an advance down payment on 5/1/13 for services "to be rendered", followed up by 2 progress payments on 6/6/13 and 6/20/13 as the promotional work began, and culminated with a final payment on 7/11/13, the day the promotions began dying down and the stock began its descent from $1.05 down to as low .08 exactly 3 months later (and this was followed up by 22M more shares of toxic PIPE stock priced at .05 that cratered the sp down even further to the .02x levels we are mired in today).

In fact, SCRC was even noted by several financial sites as being under heavy promotion during this period.

"But how do we know who JOSEPH ZAMPETTI is and what consulting services he really provided to SCRC?"

Easy. You see, JOEY Z is quite infamous to those investors/traders who frequent pennyland. His countless public touts, MB posts, and personal invitations to others inviting them to buy into SCRC during the exact period for which his compensation took place tells the tale of the nature of the "services" which JOEY Z provided to SCRC -- all in violation of securities regulations, specifically the lack of disclosure in compliance with Section 17(b) of the Securities Act of 1933.