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Post# of 7769
ALLEYBA SAYS:
This stock generated a lot of volume today as there appeared to be shorts covering along with profit taking yet we still managed to close green today. So why so much interest in SCRC?
1.This is a real company. We have financing and we have the exclusive to Rapimeds with no competition in sight.Johnson and Johnson cannot sell their product until 4th quarter of 2014. We are not a mining stock waiting for financing or a drug company waiting for trial or FDA approval on a product. WE HAVE IT.
2.The entry into the China market will bring the company millions of dollars in revenues;
3.The recent acquisition of the new company as announced is located less than a mile from Miami Airport and 8-10 miles from Port Everglades so shipping is made much easier;
4. The new company which on its own website claimed to do $1,000,000-$5,000,000 a year in revenues has to triple or quadruple when packaging and distributing Rapimeds, domestically and internationally;
5.The cooperative selling to the mom and pop operations has been doubling each month and I am not saying it will double this month but I have to guess that will increase;
6. The 8-K stated that company has applied for license to distribute controlled dangerous substances.Can anyone fathom the amount of revenues to be generated from a generic ambien or pain killing drug or a generic valium?
7. Company obtained financing from GEM FUND which if I remeber correctly has a presence in 65 countries and has financed over $3 billion. They must like what they see as they have 3 higher levels to exercise wants a double and more than closing price of stock today;
8. We have a CEO trying to build a company without further dilution;
I may have missed some things but long term you need to be in it to win it as they say and it appears CEO is pushing all the right buttons in my opinion. The CORE is holding. 12-18 months $2-$4 dollars. Anyone disagree and if so specifically why