Replies to post #15891 on ScripsAmerica Inc. (SCRCQ)

[Bsav88atty]

Alleyba - You are spot on!

[martin33]

Exactly right. A very smart wall street person would always
tell me this.
The longer a stock builds a base the BIGGER the run will be.

THAT'S US.

[coolerheadsprevail]

Alleyba says................

.................he respectfully disagrees because convertibles cause greater dilution and restricted stock is not necessarily sold right away and results in less dilution because there are less shares given.

What in the world are you talking about? The magnitude of dilution, regardless of the source of the dilution (be it conversion of notes or unlocking of restricted shares), has NOTHING whatsoever to do with whether it is from a note converting or restricted shares unlocking. The magnitude of any dilution simply depends on the number of shares hitting the float as part of any particular dilutive event.

If a note converts for 100k shares and 50k restricted shares unlock, then in this comparison, that particular note is more dilutive than the restricted shares unlocking -- but make no mistake, BOTH are dilutive.

And in circumstances where 100k shares convert but 250k restricted shares unlock, then in this comparison, the restricted shares are more dilutive.

Fairly straightforward application of 1st grade "greater than, less than, or equal to" mathematics principles...

Also,while I may agree that that stock is ultimately sold, one can hold if one thinks the value will significantly increase and sell in an orderly fashion so the stock can be absorbed into the market, in my opinion

You have got to be kidding. Holy smokes...

...you are certainly free to create your own definition of "float", but by and large the official definition that all market participants (other than JOSEPH ZAMPETTI and his "core" associates, apparently) utilize is that it excludes shares held by insiders, shares held by TUT's, and shares under lockdown via restriction -- and once restricted shares unlock and come off restriction, by definition, they are free trading and added to the float. Every reasonable market participant recognizes the unlocking of restricted shares as a dilutive event.

To say that just because "we don't know with 100% certainty that the restricted shareholder has or will sell" that it therefore doesn't count in the float is utterly laughable. By this logic, the float for every stock should always be ZERO since no investor knows FOR SURE what anyone else has done or plans to do.