Rightsmile, Inc. (RIGH)

[FullDeck]

You're absolutely correct. It is CALIFORNIA land.

My apologies. There are other land deals mentioned in the article, and I incorrectly thought this one was also Mexico.

But as you caught in the clip, the land is indeed in California. My apologies for the mistake. That's why I always say "links" are so important. Good catch. Revised post below:

"Sal" Trades California land for "Restricteds", then goes Missing!

http://www.nola.com/business/index.ssf/2012/05/orpheum_theater_owners_have_be.html


Just what RIGH shareholders need... another "shady" character...

Shady Character of RIGH CEO Aaron "Angel" Stanz.
investorshub.advfn.com/boards/read_msg.aspx?message_id=99537731

The "Reid" mentioned above, the director that gave "Sal" restricted shares in Orpheum, was no stranger to fraud, and this was known as early as 2010, well before "Sal" and Reid made their deal for "restricted" shares:

http://www.nola.com/business/index.ssf/2010/12/new_orleans_newest_public_comp.html

The Financial Industry Regulatory Authority Inc., the industry group that regulates securities brokers, has seven closed securities investigations on file for Reid alleging things like misrepresentation, fraud, negligence, breach of contract, unsuitable trading and investing, violating securities regulations and depositing a check meant for the firm into his personal account.

Backtracking a bit for those new to RIGH-

Shareholders found out this past Friday (3/28/2014) that their shares HAD BEEN DILUTED BY OVER 80% by virtue of "restricted" shares given for vague reasons to one "Salvatore Tuzzolino."

This was done without notification to shareholders after "Angel" secretly moved RIGH's business license to WYOMING in order to increase the number of Authorized Shares from 5 Billion to 30 Billion without drawing shareholder attention:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99517072

"Angel" subsequently ISSUED almost 27 BILLION shares to "Sal" in late 2013, but just notified shareholders on Friday, 3/28/2014.

RIGH CEO Aaron "Angel" Stanz did not tell shareholders WHO "SAL" IS OR WHY HE IS BEING GIVEN 27 BILLION SHARES. This ownership is second only to "Angel's" now 35 BILLION controlled shares, and dwarfs the presumed previous "public" shares of less than 5 Billion.

NO LEGITIMATE CEO dilutes Shareholders' Equity by over 80% and doesn't even introduce the person these shares are being "given" to or for what explicit purposes!!!

This stinks to high heaven... shareholders need to Google their butts off to try to find any information about this "Sal", and can only find property records and dubious claims.

Hopefully, he's not THIS Salvatore Tuzzolino:
http://www.dailyherald.com/article/20110805/news/708059780/


But with RIGH CEO "Angel" not disclosing any information, shareholders can only speculate!!!

Is "Sal" the man pictured above, or is he the man involved in the Orpheum deal who went Missing In Action after receiving "restricted" shares???

SHAREHOLDERS can't know because RIGH CEO "Angel" DOESN'T WANT THEM TO KNOW!!!

Any legitimate company's disclosure of this kind would have included an introduction of the new second-largest shareholder (behind "Angel" himself.)

IF THERE'S NOTHING TO HIDE, WHY DIDN'T "ANGEL" TELL SHAREHOLDERS ALL ABOUT SALVATORE TUZZOLINO???

Newbies, beware..

If you thought this was a possible play in the "marijuana space", think again...

RightSmile appears to be not much more than a snazzy website that MAYBE farms out tests to another lab, and operates in a very small local California MEDICAL marijuana market with a few tight dispensaries.. no Colorado, no Washington...

And LEGITIMATE Cannabis Testing companies with their own labs have already gobbled up the space...

And with no disclosures, recent calculated revenues for all of 2013-2014 appear to be less than $39,000!!

Check for yourself:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99157663

Beware of outdated and self-serving Press Releases and quotes with no links telling you where they came from.

RIGH may look cheap here, and who knows, maybe it can catch a bounce, but there are MUCH better plays out there that really have a business behind them...

The bottom for RIGH is VERY, VERY low... and maybe not too far away...

Best to all.