Rightsmile, Inc. (RIGH)

[Burn Notice88]

Securities lawyer opinion - RIGH shares.

Regarding all concerns of the O/S and Sal's Shares.

- SEC Rule 144 Applies to OTC Stocks.
- A SEC Form 144 must be filed, which puts the public on notice of the Affiliate’s proposed sale.
- Affiliates are generally officers, directors, or beneficial owners of more than 10% of an Issuer’s stock

"Must Affiliates File a Notice on Form 144 When Selling Stock?
Affiliates Filing a Notice of Proposed Sale With the SEC

Affiliates are generally officers, directors, or beneficial owners of more than 10% of an Issuer’s stock, and like all shareholders in Over-the-Counter microcap companies, Affiliates sooner or later want to sell some of their securities. When an Affiliate wishes to sell stock, the U.S. Securities and Exchange Commission requires filing SEC Form 144, which puts the public on notice of the Affiliate’s proposed sale."

http://otclawyers.com/tag/sec-rule-144/


...and considering there is no such filing of a 144, no insider RIGH shares have or are proposed to be sold. If/when at such time that were to take place, a warning shot in the form of a 144 would be fired.

...and considering those 26+ billion were in Sal's hands back in November and he had every opportunity to sell stock during the Jan/Feb 3,500% run, but didn't...LOGIC tells me, what Angel says is true that those shares are "Control Shares" ONLY to ensure RIGH stays in friendly hands and highly-likely all 26 billion will be returned to the RIGH treasury after the Bud Genius, Inc. (BUDG) merger, IMO. Otherwise, where is the 144?