Replies to post #23401 on ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

I was once a Ceo of a large corporation too. Sure whatever.

LOL, so a self-disclosed member of the criminal CORE group, self-disclosed "proud associate" of SCRC's resident homophobe and securities fraud violator JOSEPH ZAMPETTI, and self-disclosed holder of the toxic .5 PIPE shares used to be a CEO of a large corp, eh? I guess this "large company CEO" just can't get enough of misleading shareholders, whether it was his own or SCRC's, LOL... ...such a shameful fall from grace to be reduced to peddling penny crack on internet message boards...

ScripsAmerica Updates Shareholders on Status of 10K and 10Q Filings
TYSONS CORNER, Va., June 10, 2015 (GLOBE NEWSWIRE) -- ScripsAmerica Inc. (OTCBB:SCRC) today announced today that the final phase of the auditing process for its 10K for 2014 and 10Q for Q1 2015 is scheduled to commence on June 22, 2015. According to management, a scheduling conflict by the Company's auditors is the primary reason for the most recent delay of its filings and cites that ScripsAmerica has furnished all of the data requested by its auditors to complete its annual and quarterly reports.

is only saying they had put down SCRC to move into working on other companies books and on the 22nd they will pick up SCRC books again.

One would surmise that anyone who has been a "large company CEO" would immediately recognize the importance of both "what is said" AS WELL AS "what is not said" when it comes to the language utilized in company PR's.

Oh yes, you are 10000% spot on, Mr. CORE PIPE-holder and supporter of homophobic slurs -- nothing is unusual w/regards to the SCRC audit, and this delay is all because the auditors haven't had time yet to look at SCRC's books...

ummm, nothing unusual aside from the fact that the audit should have been completed back in FEB, over 4 months ago...

...and that what BS Schneiderman conveniently failed to disclose but instead side-stepped in that PR was the fact that THERE WAS A REASON WHY THE AUDITORS EVEN NEEDED TO TRY TO SQUEEZE SCRC BACK INTO THEIR SCHEDULE IN LATE-JUNE...

...and that the overwhelming majority of the time this occurs is because either (1) the auditors identified material findings that required unexpected ADDITIONAL audit procedures to be performed, or (2) the auditors found that they have been unable to obtain satisfactory independent corroboration of many of SCRC's most material financial statement assertions, leading to unexpected ADDITIONAL audit procedures to be performed...

As I have stated several times, at this point, all we can hope for is that whatever this "final phase" consists of, that the auditors will obtain the necessary corroborative evidence to obtain comfort that SCRC's financial statements, notes, and disclosures are not materially mis-stated and are properly reported in accordance with US GAAP. That's it. No more, no less. There is no reason at this time to believe that the auditors won't be satisfied, but the eyebrow-raising magnitude of the delays have unquestionably increased the investment risk of buying/holding SCRC stock in the eyes of the market...

...but please, do continue on with disseminating JOEY Z's talking points and spreading the CORE mantra of:

BAD news is GOOD news
NEUTRAL news is GOOD news
NO news is GOOD news
GOOD news is the BEST news ever