Replies to post #14999 on ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

I do have one other thought regarding compensated consultants. They too have a vested interest in the company that PAID them in shares for their labor. Misleading average Joe investors with endless promotion notwithstanding, opportunity is opportunity and just because somebody was PAID with shares doesn't exclusively mean they lack interest for anything but short term and a quick cash out.

True, but as with any future event, one must place odds on potential outcomes/scenarios, in particular, not simply identifying what may be possible, but assessing these possibilities and determining which possibilities are actually probable to any degree.

In this light, I would encourage you to ask yourself these questions:

(1)
Why do the paid promoters who were disclosed in SCRC's own SEC filings elect to violate Section 17(b) of the Securities Act of 1933 and continue to refuse to disclose their status as compensated IRP's so that others can at least be cognizant of a potential conflict of interest?

(2)
Do the options, courses of action, and other investment decisions, not become exponentially more numerous to an investor who has a cost basis of zero due to receiving free shares versus an investor who has a legitimate cost basis -- and that some of these courses of action may be beneficial to an investor with a zero cost basis but may be detrimental to the investor with a moderate cost basis?

(3)
Why the paid promoters who claim to have not sold any shares and are in it for the long-term all vanished from this board after the P&D and only re-appeared again on the cusp of their free restricted shares unlocking?

(4)
How is the playbook that the paid promoters are using here with SCRC any different than the playbook they used in the other plays they have been involved with previously (assuming you have a previous familiarity with these specific promoters)?

(5)
Why the paid promoters who claim to have not sold any shares make seemingly inconsistent statements boasting about the 10-baggers from the summer and looking forward to 10-bags AGAIN?


The point being that, yes, there are always exceptions to every rule. However, unless there exists evidence to demonstrate that anything is an exception to the rule, the safe bet is to assume that the most common scenario will continue to be the most likely scenario.

But you correct in that there will always be a window of time where the interests of paid promoters align with the interests of true shareholders -- however, this window of time closes eventually, and at that time, their interests will be starkly opposed to yours. As you stated yourself in a prior post: Proceed with caution.