Replies to post #15734 on ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Did it ever occur to anyone that perhaps Zampetti was instrumental in advising and/or structuring the company as to how it should proceed

Why stop there? Why not say that JOSEPH ZAMPETTI advised SCRC in its R&D efforts and came up with the chemical recipe for the formulation of RapiMeds?

Sorry, but to answer your question, the answer is a resounding "NO". And here's why:

"Investor-relations related services" is a very specific type of professional service that is disclosed. Go back and read SCRC's Q's from last year. You will see many issuances of shares, both restricted and free-trading, for a number of various types of consulting services. But look closely and you will see that those that were NOT for "investor relations related consulting services" were described simply as "consulting services". Every single disclosure involving JOSEPH ZAMPETTI, his "core" associates, and a few other named promoters is deliberately described by SCRC as being for "investor relations related consulting services".

I do say, however, we would not be trading as high as we are without him. Period. End of story.

Well, that is the end of the story, but unfortunately, that story is a fairy tale. Prior to SCRC engaging JOSEPH ZAMPETTI to "promote" the stock, SCRC's sp NEVER closed below where the sp is at currently. Going as far back as JUL-2012 (the furthest back that any site reports SCRC's sp data from that I could find), the lowest EOD print was .14 back on 5/10/13. In addition, aside from a couple of weeks that month, SCRC's sp was ALWAYS comfortably in the .2x thru .4x levels.

Don't get me wrong. Promotional campaigns in and of themselves are fine. There is absolutely a time and place for them that is up to each company to determine. THAT BEING SAID, what was a poor decision was agreeing to a deal with JOSEPH ZAMPETTI and his "core" associates instead of a LEGITIMATE, PROFESSIONAL, SEC-COMPLIANT promoter of which there were many ready and willing to offer their services. What made this decision doubly poor was the fact that instead of paying the promoters in cash the way the vast majority of professional promoters get paid, SCRC agreed to issue shares of restricted stock to JOSEPH ZAMPETTI and his "core" associates -- and it is these shares that are now coming back to haunt shareholders 6 months later now that they are unlocking.

So considering that the sp has been perpetually trapped in the .1x levels ever since the restricted shares belonging to JOEY Z, his "core" associates, and a few other paid promoters began unlocking last NOV-2013, any claim that "we would not be trading as high as we are without him" is not only completely laughable but is utterly unsupported -- and is in fact, completely contradicted -- by the historical tape.