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  4. ScripsAmerica Inc (SCRC) Message Board

SCRC for the entire 2014 year as traded a low of .

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Post# of 7769
Posted On: 12/05/2014 7:15:37 PM
Posted By: celtics2014
Re: celtics2014 #5464
SCRC for the entire 2014 year as traded a low of .081 and as high as .20 in january. I would say the vwap is probably .11 for the entire year of trading. As we know 30 investors helped the compamy with approx 25m shares at .05 raising 1.2m. It was a great strategic move by Bob S far better then dealing with converts and the gamesmanship that goes along with that. I also believe that most of the core that participated lowered their costs more in allignment where the trading has been in 2014. I will say the majority are looking for much higher levels as NOONE FROM WDCO THE LAST 8 DAYS IS GOING IN FRONT OF ANYONE. The core believes that currently scrc is undervalued at .11 cents. At .04 x 10 one would think scrc is closer to being worth .40 cents than where it is today. I believe that after q2 2015 most of the 8m shares that I believe is coming out will be gone. I do not share the same beliefs of someone else saying ALL 31m shares coming at at these levels .09 to .15 I just don't see it imho. I could be very wrong about my assessment of the amount left. I will say between .09 to .15 Less than 8m shares more will come out. The .05 cent stock that was sold has been very orderly and the biggest offer I have seen has been 80k shares 4 weeks ago. It is being absorbed very nicely.



Bottom Line: Highly unlikely the core is selling 31m shares .09 to .12 asI believe their intentions are far greater than where we are today. IMHO


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