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RockyW

08/05/14 7:26 PM

#18968 RE: Alleyba1 #18965

Alleyba1, agreed. When the 2Q results are announced sometime next week( 8/15 unless I get an extension) and as day string together more successive months of growing revenues that exceed expenses, the P/S will be more reflective. as for .05 shares, don't know and don't care.
The revenues were roughly 5.2M in 2Q and are on pace for 12M+ for Q3. To be candid, we have nothing to show for it yet in terms of the shareprice and I do mean yet but we will. Thanks.

coolerheadsprevail

08/05/14 7:52 PM

#18971 RE: Alleyba1 #18965

how can this stock lose with all of its revenue streams producing once they are geared up?


Is this even a real question???

Ummm, pssst, here's a clue: DILUTION.

Have you not noticed that the sp has cratered about 50% in a blink of an eye just recently due to orhcestrated dilution?

Sure, defenders of the PIPE shares will point to the overall O/S count and cry out "But 130-150M shares is not a lot in pennyland!!!", but that is wholly irrelevant. The absolute number of shares is not the issue. It is the rate of increase relative to the window of time that is involved during said increase. Obviously, a large % increase over a small window of time is a recipe for disaster -- and SCRC almost doubling its share count since Q4'13 and allowing such large concentrations of these shares to hit the float at around the same time is destroying shareholder value.