ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

remember JOEY Z and the CORE's favorite mantras and you will be fine:

* Bad news is good news and a moonshot is imminent!
* No news is good news and a moonshot is imminent!
* Neutral news is good news and a moonshot is imminent!
* Good news is the best news ever and a moonshot is imminent!

LOL, I see that SCRC's officially endorsed homophobe, criminal, non-disclosing paid promoter, Section 17(b)-violator, and continued engager of securities fraud against SCRC's real shareholders, JOSEPH ZAMPETTI (aka "Celtics2014"), has created a new category with regards to the new 8K that was just filed:

* Bad news is GREAT news!!!

Let's see here... ...SCRC has essentially agreed to buy back the 3M preferred shares from the holder of these shares for what the preferred holder had initially paid for them -- .1744/share. That's a nice 100% full refund on top of the 8% dividends that will still belong to the holder.

That is a sweetheart deal that is reminiscent of the toxic .05 financing deal w/JOEY Z and the criminal CORE group.

This preferred holder has collected dividends and is now being paid between 300-400% above current prices for his shares? How is that equitable for the rest of SCRC's shareholders? What is the business justification for this? How does this reconcile with the BOD's fiduciary responsibility to shareholders (hint: It doesn't reconcile).

How many retail shareholders who bought at higher levels than where we are at now wouldn't love to have an opportunity for the company to buy their shares back at the prices they paid for them?

What an awful recapitalization event, not to mention yet another big "F-U" to shareholders...

What does this tell us? Think about it. This preferred holder probably knows more about what is going on with SCRC than the vast majority of retail shareholders, and they don't think SCRC's sp will ever get above .1744. Heck, they may not think the sp will even get above .10 or even .06, but who cares so long as SCRC is willing to essentially refund their money at the full .1744/share price, right???

For a trader, that is still irrelevant as traders likely have gotten in at prices much lower than where we currently are, and will continue to churn thru at price levels between here and .1744... ...BUT, for those suckers being lured by JOEY Z to buy and hold, this is a significant event to be cognizant of, and speaks volumes as to this criminal's motivations and intentions.

And with regards to the sickening spin-doctoring of this 8K as an indication that SCRC is strong to be able to pay this off... ...go read the 8K for yourself and you clearly see that the payoff is in monthly installments that will take almost a couple of years if no payments are missed -- and that isn't even the worst of it. The 8K clearly states that if making a payment puts SCRC at risk of insolvency, SCRC can elect to skip making payments. Does this sound like something a "financially stable" company would do? Would a financially strong company have to buy stuff on a layaway plan? And to have terms of the layaway plan include a provision that permits them to skip a payment if they do not having enough money on hand?

So anyways, let's get back to the "sweetheart deal" aspect of this 8K, shall we? I bet 99.9% of retail shareholders have zero idea who the holder of these preferred shares is? I mean "really" know who it is? And I don't mean simply the entity called Development 72, LLC. Development 72, LLC is a two-person investment holding company run out of Florida that is primarily run by none other than Andrius Pranskevicius, a member of SCRC's illustrious Board of Directors.

Ahhh, so are the dots connecting for you now? Wishing you paid attention to the MAJOR red flag that should have gone up when the BOD stood idly by after JOEY Z, SEAN FITZGIBBONS, BRUCE BERENBERG, ADAM BROSIUS, and numerous other members of the criminal CORE group were publicly exposed as having been non-diclosing Section 17(b) violators, homophobes, and other things that any other person working for any other well-governed company would have been fired over? And that SCRC's BOD continued to climb further into bed with these known criminals?

Not to mention the further red flags when, after seeing how these criminal promoters were eviscerated in the public space for not disclosing their compensated status as required per Section 17(b) of the Securities Act of 1933, the BOD, rather than disavow their association with JOEY Z and his CORE gang, took active steps to protect JOEY Z and the other criminals by simply stopping the practice of disclosing the individual "investor relations-related consultants" in their SEC filings the way they used to always do it.

Wishing you also paid attention when further red flags should have gone up when Adam Brosius, a career promotor with zero pharma sector experience, and himself a named non-disclosing paid promotor involved in the biggest P&D in SCRC history, was appointed to be SCRC's President? And rewind back in time when additional red flags should have gone up when he formed a new company out of the blue and was immediately hired by SCRC to be an unnecessary middle-man in the sales process, and then Selling Expenses began going thru the roof immediately thereafter?

Well, now you know why.

SCRC's BOD has once again shown itself to be engaging in more self-serving behavior at the expense of retail shareholders, bailing out one of their own at absurdly high prices in order to get him out of SCRC's stock with zero losses. No wonder they have continued to pay JOEY Z more shares to keep pumping the stock.

But, hey, don't let reality get in the way of JOEY Z's paid pumps that somehow take this terrible event and spins it off as:

* Excellent news!!!
* This 8K tells us that SCRC has figured out a way to be profitable!!! (is he even reading the same 8K, LOL???)
* That these shares are no longer on the market!!! (but conveniently ignoring the fact that there are already nearly 100M shares out in the market priced LESS than .1744 that are in line ahead of these .1744 shares and will create periodic and lengthy periods of resistance for retail joes, so in reality, WHO CARES about these shares priced at .1744???)


Man, this is sad desperation -- either that or it is utter stupidity. Probably a bit of column A and a bit of column B...

But I must admit that reading his 24/7 pumps is incredibly entertaining -- kinda like if they made a sitcom version of "American Horror Story"...