Replies to post #12928 on ScripsAmerica Inc. (SCRCQ)

[Tinkerer]

Bsav,

One thing I have learned is that retail traders have to work together to get shares at a cheap price. There is a fundamental misunderstanding among retail investors, that the misunderstanding is this: that we are each other's enemy. We are not. The "enemy" is financeers who make tons of money no matter what and the other enemy is the company selling shares. I am very much "for" the retail investors here, which I why I am encouraging them to buy cheap. The longer a stock stays in existence, the more shares there are and the lower the highs are. Therefore, seeing previous highs will probably not be a possibility. The way to make money in these stocks, then, is to keep buying the shares cheaper and cheaper as time progresses. The cheapies are no longer .15-19; rather, the cheapies are .08-.13. Hope this helps; I've been burned so many times that I have learned this lesson painfully. I don't want retail investors to lose money, that is all.

Kindly,
Tink

[Cats83]

Great summation of the situation here Bsav! In long run there will not be much difference whether your entry point is .16 or a few pennies below or above.

[flyersdh]

"As to your comment, "the company NEEDS to sell many shares in order to afford the manufacturing cost associated with the China deal," please re-read the Ironridge PR. Scrips stated it will use a portion of those proceeds to fund these costs for China. "

Scrips did not receive any proceeds. Ironridge purchased the accounts payable from Scrips vendors and was issued stock in lieu of cash payment.

8K