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  4. ScripsAmerica Inc (SCRC) Message Board

I was expecting such a response. Yes, it's ye

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Post# of 7769
Posted On: 08/30/2014 3:25:57 PM
Posted By: Bsav88atty
Re: Sandan #4303
I was expecting such a response.

Yes, it's years old but still holds true today. It does need updating, though, as the tactics the bashers are using have become even more sophisticated with the illegal bid pinning, dark pools, high-frequency traders, and short-distort campaigns.

You're wrong about the group of loyal investors here in every respect. Sure, some have lost patience and sold at these levels. But the vast majority continue to hang tough and have only added shares. These continuous attacks against the core group of shareholders and blaming them for the sp decline is a typical argument supported by no facts. The bashers use the facts that the sp has dropped coupled with the 25 million PIPE shares to create immense fear that everyone is dumping their shares. They spread these fears making several assumptions having zero knowledge of when each tranche vests, whether the tranche of PIPE shares was turned in, whether it was sold or held, and numerous other facts.

As for your RapiMeds comment, again incorrect. Many times I and others have expressed our disappointment with how long this opportunity is taking to materialize for us. But the difference with us is that we actually own shares and don't feel the need to piss and moan while Bob is killing it with compounding. But until the company officially declares RapiMeds a bust, I see no reason to give up on it. It will likely hit when we are least expecting. This is still a diverse company, that is knocking it out of the park with compounding, an opportunity the company announced in December 2013 and has executed quite well.

This is a BB stock selling for less than a dime. Taking 10% of the current annual run rate for just compounding results in about $.035 positive eps - a value of about $.35 to $.88 per share. And if the company hits a single or better with one or both of its other businesses, this becomes a whole new ballgame. If I had some of those PIPE shares, I'd wait and give Bob and his team more time to make this happen.


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