UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



FORM 10-Q/A

(AMENDMENT NO. 1)

(Mark One)

|[X] | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|--- | ---------------------------------------------------------------------------------------



for the quarterly period ended March 31,
2012



OR



|[_] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|--- | ----------------------------------------------------------------------------------------



Commission File Number:  000-54550



SCRIPSAMERICA, INC.




(Exact name of registrant as specified
in its charter)



| | DELAWARE                                                       |  | 26-2598594                                   | 
| | -------------------------------------------------------------- |  | -------------------------------------------- | 
| | (State or other jurisdiction of incorporation or organization) |  | (I.R.S. Employer
        Identification No.) | 





77 McCullough Drive, Suite 7, New Castle,
Delaware 19720






(Address of principal executive offices)



800-957-7622






(Registrant’s telephone number)



Indicate by check mark whether the registrant:  (1)
has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

Yes  [X]    No  [_]



Indicate by check mark whether the registrant
has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such files).

Yes  [_]    No  [_]



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer or a small reporting company.  See the definitions
of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2
of the Exchange Act.



| | Large accelerated filer | [_] | Accelerated filer         | [_]
| | ----------------------- | --- | ------------------------- | ---
| | Non-accelerated filer   | [_] | Smaller reporting company | [X]



Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act).

Yes  [_]    No  [X]



As of May10,
2012, the registrant had54,939,400shares of common stock, $.001 par value, issued and outstanding
and 2,990,252 shares of Series A Preferred Stock issued and outstanding.














EXPLANATORY NOTE: This Amendment No. 1 to the quarterly report
on Form 10-Q of ScripsAmerica, Inc. (the “Company”) is being filed solely to amend the cover page of the original Form
10-Q filed by the Company on May 15, 2012 to indicate that the Company (1) has filed all reports required
to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period
that the Company was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.























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SIGNATURE PAGE



Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.





| |                       | SCRIPSAMERICA, INC.                                                                                             
| | --------------------- | ----------------------------------------------------------------------------------------------------------------
| |                       |                                                                                                                 
| | Dated: August 1, 2012 |                                                                                                                 
| |                       | By:  /s/ Robert Schneiderman                                                                                    
| |                       | Chief Executive Officer
        (Duly Authorized Officer)                                                       
| |                       |                                                                                                                 
| |                       |                                                                                                                 
| |                       | By:  /s/ Jeffrey Andrews                                                                                        
| |                       | Chief Financial Officer
        (Principal Financial and Accounting Officer and Duly Authorized
        Officer)
| |                       |                                                                                                                 
| |                       |                                                                                                                 













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