Rightsmile, Inc. (RIGH)

[FullDeck]

Taylor Moffitt's "Inner Core Group" and Iowa law...

as they relate to the "monetization of RIGH shares:

Moffitt's "Inner Core Group"-

http://innercoregroup.com/welcome-to-the-inner-core-management.html

may have seen the error of their ways, and decided to cash out some of Sal Tuzzolino's shares instead of Kelso's.

Selling Kelso's shares, as they originally suggested they were doing, could have put Moffitt's Inner Core Group even further in trouble with Iowa authorities, as well as raised their profile with Finra and the SEC.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106389626

To clarify...

Angel declared in a PR on 9/18/2014 that he was doing a "buyback" (with money from where, you might ask) and was reducing the Outstanding and Authorized shares by 4.99%.



Putting aside the fact that neither the O/S or the A/S were actually reduced as per the Q3 filing:

http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=129668


The 4.99% amount corresponded EXACTLY with the amount given to KELSO (See line (b) below).


And later that same day, 9/18, certain potential violations of Iowa law were made public regarding KELSO:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106389626

A Google search of "Inner Core Group" shows that this post received a first page ranking- at one point it was the second result.

So... perhaps just coincidentally, Angel/Moffitt had a change of heart and decided to "monetize" some of Sal's shares instead of Kelso's.-

Sal's NEW share count:
http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=129668


Sal's OLD share count:
http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=125532


So Angel/Moffitt/Inner Core Group/Greenridge Capital monetized the "safer" shares (Sal's), since selling these would not violate Iowa's laws regarding continuing to conduct business in a dissolved (DUMMY) company (KELSO).

And the number of shares EXCEEDED Angel's purported 4.99%, which would have been ~ 1.499 BILLION shares. Instead, they monetized 1,938,999,800 shares (~1.939 BILLION) or about 6.5% of the STILL UNCHANGED OUTSTANDING AND AUTHORIZED SHARES.

Wotta bunch of schemers...

And to what end?

SEE:
"Death Spiral Financing" and "Funding Commitments"...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108323451

AND:
"Toxic Financing". Why $RIGH is a "failed business"...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108275566&txt2find=toxic


Tangled web... and I'm smelling further dumping in the week ahead...JMO.

Best to all.