I just had a HF call me and here is his take and SCRC ( He
I just had a HF call me and here is his take and SCRC ( He is currently long modest position) He blieves we are on the right track as we made 1.5m q3. He said here is what its going to take for the big boys to get in: He would like to see the NET EQUITY BE AROUND 4.5M DOLLARS THATS ASSETS LESS LIABILITIES. WE WILL REPORT Q4 MARCH 31ST AND Q1 2015 MAY 15TH. HE SAID IF SCRC DEMONSTRATES THAT THEY WILL DO IN Q4 ANOTHER 1.5M AND THEN IN Q1 2015 THE HEDGE FUNDS WILL SEE THE TREND AT END OF Q1 AND GET INVOLVED. HE ALSO STATED IF SCRC IS ABLE TO DO THIS THEY WILL MEET THE UPLISTINGS REQUIREMENT AND BE ABLE TO GO ON THE NASDAQ. HE FEELS THE STOCK CAN GO TO .30 APPROX IN THE NEXT 6 TO 8 MONTHS AND THEN IN HIS OPINION R/S THE STOCK THEN.
BOTTOM LINE: THIS COMES FROM SOMEONE THAT HAS A VERY GOOD HANDLE ON THE INVESTMENT COMMUNITY. HE SAID SCRC IS DOING ALL THE RIGHT THINGS AND IN 6 TO 8 MONTHS WILL GET MUCH MORE RECOGNITION.
ScripsAmerica Inc (SCRC) Stock Research Links
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