ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

With the plethora of non disclosing promoters brought in to run this pump and dump, I suspect that the whole operation was, and remains, fraudulent.

Real companies have no need for employing illegal means of promotion.

Anything is possible with penny stocks. There is a reason why legitimate institutional investors are forbidden from ever buying them.

SCRC did not employ illegal promotion. SCRC employed promotion, period -- no different than countless other small emerging companies who have little to no other means of getting their name out in the marketplace. It is the illegal behavior of the homophobic criminal JOSEPH ZAMPETTI, SEAN FITZGIBBONS, and the other CORE promoters, in failing to disclose their compensated status, that is what casts a negative residue over SCRC.

Certainly, SCRC did itself no favors by continuing to engage in business with these CORE criminals even after it became public knowledge that JOEY Z, FITZY, et al were criminals who engaged in securities fraud against SCRC's own shareholders.

If indeed a new auditor is going over these books if they are worth their salt I suspect they would tell whomever is actually in charge of this dog and pony show to kick rocks, that they are not signing off on any of the books that I suspect were all completely cooked in the first place.

No one knows what the financials will say. I don't and you sure don't either. I have laid out several times what the various potential outcomes are, some of which would be devastating to SCRC, and others which would have negligible impact on SCRC. Depends if there will be a re-statement, and if so, what the reason for the mis-statement is.

Very risky, no doubt. Akin to a binary event in certain ways.

You seem to assert that because the new auditor information was released in SEC filings the past due 10-Q's and 10-K is indeed forthcoming.

I have no such assurance. Let's see what actually transpires.

IMO, there is no reason for a public company to engage a public accounting firm to perform an audit unless 10K's and Q's were going to be filed. Hell, that is like running 90% of a marathon and then simply deciding for no reason to stop and not finish the race.

Filing 10K's and Q's does not mean that SCRC is a worthy investment. It is merely the "Good Housekeeping Seal of Approval". I'm just saying that I believe the SEC filings will be made, no more no less. For all we know, the filings will reflect restated numbers that are crap -- they will just be legitimate crap.

Point being, having filings does not mean the numbers will be good. It just means they are legitimate and that the market can have confidence in the numbers. At that point, market participants can determine on their own whether the numbers justify any type of investment in SCRC.