IN MY VIEW 2 THINGS COME TO MIND RELATIVE TO THE PRICE OF SCRC.
#1. THE ONLY REASON THE STOCK WAS .15 TO .25 IS BECAUSE THE NOTEHOLDERS BOTH GEL AND CONTINENTAL WERE SELLING EVERY DAY AS THEY SAW A GREAT AMOUNT OF LIQUIDITY SINCE APRIL 12TH APPROX. THE COMPANY HAS PAID OFF ALL THE NOTES AND WILL CONTINUE T DO SO. THUS VERY SIMPLY PUT THE LESS SUPPLY THE MORE DEMAND. SCRC NEVER BELONGED SUB .25 AND IN ESSENCE THE NOTEHOLDERS SUPPLY HAVE GIRLS N GUYS AN IPO OPPORTUNITY. TO ME SCRC WAS AN IPO WITH THESE NOTEHOLDERS. WELL THE IPO IS OVER AND THE GOOD NEWS THE 8M SHARE FLOAT IS IN SOME VERY SMART HANDS AND LOCKED DOWN. ITS VERY SIMPLE IF THE STOCK GOES UP YOU BUY ESPECIALLY WITH ALL THE SHARES PRETTY LOCKED UP.
#2. NOONE ON THIS BOARD OR THE MAJORITY EVEN KNEW THAT SCRC ALREADY DOES 8M IN REVENUES CURRENTLY AND IS ON RECORD TO SAY THEY WILL DO 10M THIS YEAR IN REVENUES. AGAIN SCRC DOES 8M IN REVENUES NOW!!!!! IF YOU WANT TO TAKE 12X TO 15X YOU GET A FIGURE OF 42.50. HOWEVER FORWARD FORECAST I BELIEVE WITH YESTERDAY SCRC WILL DO 25M IN REVENUES YES 25M IN REVENUES. LETS SAY WE INCREASE THE OS TO 75M AT 12X 25M IN REVENUES THAT 300M DIVIDED BY 75M SHARES NEXT YEAR $4 PRICE OBJECTIVE. I BELIEVE THATS REALISTIC THAT FIGURE FORWARD LOOKING 18 MONTHS.
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