Replies to post #18365 on ScripsAmerica Inc. (SCRCQ)

[FUDUDE]

Paws has $100M revs

[martin33]

3 Million for June will be tough. I think we can hit over
2 Million.

A few months down the road we will hit 3 Million.

[coolerheadsprevail]

Now I ask, how many penny stocks generate $20M in revenues? These are exciting times and the best is yet to come. Disappointed investors, I guess, but only is they listen to "you know who".

As a company that is trying to graduate from “development stage enterprise” to “operating company”, SCRC needs to do much much more than to hit $20M in topline revenues. If it hits $20M while demonstrating flat growth, then this will be insufficient. If it hits $20M while still demonstrating meaningful growth, then the market will withhold judgment and continue to observe and hopefully speculate in SCRC.

This is because – as I’ve posted on and provided the math for previously -- if SCRC does not cut down a significant amount of its SG&A and Other Expenses (and recurring “one offs” such as $500k for stock option awards for Bob/Jeff as well as legal fees for the IR suit, which, although each is unique and a one-off, we can’t afford to keep seeing new “one offs” each quarter), then if SCRC simply continues to experience the same SG&A and Other Expenses that it experienced during Q1, it would require SCRC to report approx $33.5M in topline revenues in order to simply break even on a net earnings basis.

So even though the company may be “fine”, shareholders will most definitely be disappointed if their portfolios stagnate or decline in value. At least those shareholders who actually paid market rates for ALL their shares and don’t have the luxury of having tranches of 0.00 and 0.05 shares to act as a safety net for them…