back in q2 we had a modest cash position of 300k approx.
back in q2 we had a modest cash position of 300k approx. Today we are at 1.2m in the bank. It is no coincidence that SCRC is NOW IN FAR BETTER FINANCIAL POSITION TO BRING THEIR STORY TO THE MASSES. We did our 1st initiative Nov 12th at the SeeThruEquity show and thus far it has had a yield of 160k dollars of outside buying. Frankly, I was pleasantly surprised to see that occurrence as I stated 4 to 8 weeks for anything to take place. So very nice start even it thats all the buying for a little while. I BELIEVE THAT WHEN WE ANNOUNCE NOVEMBER'S #S IN THE NEXT 2 WEEKS AND IF THEY ARE GOOD I WOULD EXPECT SOME OF THE PEOPLE FROM THE CONFERENCE WILL STEP IN WITH ANOTHER TRANCHE. I am not saying it will go up but what it will do is take out the excess inventory of SEASIDE WHO WANTS OUT AND TO GO ON AND DO ANOTHER TRANSACTION AS THEY COULD CARELESS ABOUT SCRC. They simply look for x amount and move on.
Bottom Line: I believe the next set of #s for the very 1st time will have an impact following the release. It may not necessarily be that specific day but pretty close. And it doesn't mean we move significantly higher. What it means: we rid ourselves of paper from Seaside and WDCO imho.
ScripsAmerica Inc (SCRC) Stock Research Links
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