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Bsav88atty

12/28/13 11:07 PM

#13682 RE: Alleyba1 #13680

Well said, Alleyba1. There are shareholders owning at least 20M shares of the float who share your opinions. While we might sell a small percentage on the rips, we will add on the dips as we attempt to increase our investment in this great, little company.

Guts

12/29/13 10:07 AM

#13686 RE: Alleyba1 #13680

Great to read another positive post from you Alleyba. Keep them coming. Go SCRC in 2014!!!

coolerheadsprevail

12/30/13 12:24 AM

#13733 RE: Alleyba1 #13680

although he understands that shares are unlockingan ssumption is being made that those shares will be sold and will be hitting the market. I donot beleive this will be the case.


This is a common misconception that the Core and other paid promoters keep raising, and each time I simply point to the tape.

Of the ~6,000,000 free restricted shares that were doled out to these paid promoters, only ~1,500,000 of these shares unlocked during the first two tranches, on 11/1/13 and on 12/6/13. In the days immediately following the first unlocking on 11/1/13, the sp cratered over 50% from .30 to .13; and in the days immediately following the second unlocking on 12/6/13, the sp cratered again another 50% from .20 to .10.

There was nothing surprising about this; this is what typically happens to small/micro-cap stocks when dilutive events occur. There is nothing special about SCRC that would make SCRC an exception to this market rule.

And considering that the next tranches of ~2,600,000 shares that are scheduled to unlock beginning 1/7/14 (followed by another ~1,200,000 in early-FEB) belong to the same members of the Core along with additional members of the Core, there is zero reason to believe that they will behave any differently with these upcoming shares than they did with the shares they already dumped.


I think the CEO, as I have said in the past, made deals he was forced to make to keep company viable entity


So you are suggesting that poor CEO Bob had no choice but to engage known P&D crews like the Core and MR to orchestrate the epic P&D this past summer that resulted in the sp getting crushed from the 1.00+ levels down to .08, devastating thousands of loyal shareholders for the enrichment of the few who were "in the know"?


but now that the playing field has leveled there is no reason for further dilution.


How has the playing field leveled? SCRC is still a non-stop printing press of new shares via non-stop convertibles and other restricted shares being issued. CEO Bob himself has stated in official SEC filings that millions of dollars are still needed to be raised in order to launch RapiMeds; in addition, he still is very incentivized to raise $4M in order to double his 2014 salary.