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Friday, February 28, 2014 2:57:00 AM
As for JZ who was mentioned today on this board he has earned every share of stock he has received because SCRC would not even be at this price if not for him.
Here we go again. You made a similar statement about a week ago and I replied with facts proving the inane fallacy of your statement. Here is a refresher course:
“Prior to SCRC engaging JOSEPH ZAMPETTI to "promote" the stock, SCRC's sp NEVER closed below where the sp is at currently. Going as far back as JUL-2012 (the furthest back that any site reports SCRC's sp data from that I could find), the lowest EOD print was .14 back on 5/10/13. In addition, aside from a couple of weeks that month, SCRC's sp was ALWAYS comfortably in the .2x thru .4x levels.
So considering that the sp has been perpetually trapped in the .1x levels ever since the restricted shares belonging to JOEY Z, his "core" associates, and a few other paid promoters began unlocking last NOV-2013, any claim that "we would not be trading as high as we are without him" is not only completely laughable but is utterly unsupported -- and is in fact, completely contradicted -- by the historical tape.”
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If SCRC were smart that would have him as the CFO because he would know how to cut a non-toxic deal in my opinion
LMAO! It’s not difficult to “know” how to cut a non-toxic financing deal. Anyone with half a brain can figure it out. But if you are a penny stock AND you are a development stage enterprise that has yet to prove it can execute its business model AND you have barely any revenues AND you are hemorrhaging red ink, you don’t have a choice but to accept toxic financing. “Knowing” what non-toxic financing is and getting a financier to agree to it are two different things. That is par for the course. This is part and parcel of what makes penny plays like SCRC speculative and not slam dunks – if it were a slam dunk, SCRC would be swimming in TUT-funded financing, but it’s not. Anyone investing in a stock like SCRC who is surprised that it has toxic debt is unwittingly swimming with sharks.
I never faulted Bob for entering into these toxic deals. I expected it, which is why it was imperative for me to de-risk as quickly as possible so that I am in a position to ride any future success from the true ground floor up w/o exposing myself to the potential downside should SCRC not fulfill its promise.
The only thing that I fault Bob for was his braincramp in deciding that he needed the services of a P&D crew to promote the stock. The entire market knows that if your stock is not as liquid as you want it to be and the sp is not as high as you want it to be, the guaranteed way to garner investor attention and interest is to EXECUTE ON YOUR BUSINESS MODEL, GENERATE REVENUES, AND BECOME PROFITABLE. If SCRC was so certain it had a roadmap for this success, then WHY THE HELL DID THEY NEED A P&D??? Just deliver on your business model. And everything else will fall into place and investors will come.
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