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I still think Gene is very much involved in this. Everything I'm seeing so far looks just like the talents that he has shown in the past. Same PR's and same end of day dillution practices. But one good thing is that people are cautious not to buy after the PR's come out because they know whats going to happen.
So keep selling like RIGH and this should be down to the .0003 price quicker than it took RIGH to do.
I know I've been pretty pessimistic but I started analyzing the PR's in the way they were worded, structured and formatted and they are very similar to RIGH PR's. If Global was in charge they wouldn't start every sentence of their PR with "Global" because they would already know they were in charge and this shows me an insider is relaying this information.
IMO, when Gene was unable to squeeze anymore out of RIGH he decided to do this R/M with Global and basically shut down RIGH and tried to show the shareholders he wasn't a part of Global. I think he is a very intricate part of Global in a silent way in order to accomplish the same goals he did with RIGH but trying to do it on a little bit bigger scale.
I would have to say that he has convinced these people at Global that he can make them a lot of money off of the shareholders by doing this R/M and he has a proven track record.
I would wait and let them put out a couple more phony PR's so they can finish diluting and that should bring it down to .0008 and then consider buying.
I don't think you will ever see this stock at its R/S price of .075 again.
Maybe in a few months from now .005 or .006.
What happened to all the money from the diluted shares for the headset and TV Goods has been terminated. Once again all those previous PR's were lies just to bring the share price up for more dilution.
Something else that needs to be looked at with this current PR. Notice how this PR is written and what its actually stating. The way this PR is put together and how it is written gives me every indication that Gene is very much involved with this company. I see many simmilarities in the PR from past RIGH PR's
I hope everyone is using some caution here. We have no clue as to what is next. Also, $400k in hard assets for a known media company is very little considering digital video equipment can run well over $200k and studio equipment another $500k.
I wouldn't want to see two bad apples try and take everyone this time.
It won't be much longer and they'll run out of BS for new PR's and this thing will sit at .0003 again.
Like you said before not one thing they have said in a PR has come to light they just keep changing their story to get some new investor suckered in.
I wonder how many people they know that will keep backing them on these PR's they keep distributing.
When this one fails without any explanation are they going to buy McDonald's
Hard to have a 7% gain on an existing 90% loss.
Your RIGHt, Rome wasn't built in a day but is was its own leadership that destroyed it in less time than it took to build it. RightSmile isn't even built and management is taking it down.
I'm wondering what the next PR will be showing more promises with no end results.
Still no revenue generated, no celebs, no Revodent, no major retailer, lots of dilution....do I need to go on.
I'm still looking at .0007 by month end.
What I am bascally referring to is the many misleading PR's that have occurred to gain large amounts of shareholder buying and the the dilution begins.
I wasn't trying to write my generalization as a legal document.
Wrinkles, good to see your posts.
I must say, I have been well entertained over the last couple of nights by some of the posts from others. Another PR comes out today telling everyone more positive information and the share price drops, wow, how many times has this happened in the last 4 months. How about all those statements made from the company about freezing salaries and stock. Dilution is what I'm seeing. I saw your your recent share structure posting, that was just amazing. I'm still trying to figure out who the 2 celeb's are. I see RIGH is in Peru now. How come RIGH can do such a great job getting into SA & Peru but they can't go any further than 10 Minute Manicure in the states. If anyone thinks for a second that the TV Goods deal will go through, I would appreciate another laugh. All that I see going on here is PR's for more dilution. I give this till the end of the month to be at .0007.
But, I still enjoy reading all the posts at the end of a long work day, it sure takes all the stress away for me and gives me something to smirk about.
Canada you had an interesting statement...
Wrinkles,
Looks like the number of posts is starting to lessen. To bad it looks so grim. I noticed Canada is still trying to look positive, good for him. The company really messed with the shareholders and now it has to pay the price. We all lose, I guess. Won't be long now.
I wonder if they will start another company and do it again.
I guess I was wrong, it wasn't low enough yet.
Every time they put out a PR they dilute...
Not this time, I'm thinking it must be to low.
I can understand your frustration with me...
but did you you do your DD on those so called TV Goods you are talking about or are you just listening to the PR's once again.
Its nice just to sit back and watch
all the optimisim out here.
RIGH could dilute all day, every day and still couldn't bring in enough $$$ to cover a infomercial at these share prices. So, I realy doubt their will be one...IMA
Canada, your just to do dam optomistic...
I don't know what its going to take for you to see the light here.
Not a lot of encouraging posts today.
A little scenario to run by all the optimists:
Lets say you had 5M shares post split at .0003 worth $1500.
Split takes place, you now have 20,000 shares.
Today the share price closes at .008.
Wow... you now have $160 vs your $1500 pre split.
But not to worry, this is a typical 90% drop after a R/S and we all know it has only one way to go from here and that is up. I'm excited knowing I can breath a sigh of relief again.
SERIOUSLY,
I think I'll wait until were back down to .0005 before I buy any. I'm thinking sometime within the next 3-5 weeks. This might give me the opportunity to flip it two or three times and make at least 20% of my losses back.
Just out of curiosity, has anyone ever seen a R/S more than once in a six month period or did those companies just go bankrupt.
You might want to check the law....
you can't be held liable for posting opinions. My post consisted of facts and my opinions, if you find my thoughts to be inconsistent with yours I can appreciate and respect that. After all this is a message board allowing people to express thier thoughts and opinions.
Gene and Joe made a few thousand dollars
screwing the shareholders over the past few months but whats in store for them the next few months won't be pretty. The share price will drop, they will have to spend thosands of dollars on stock promoters in order to get new suckers to invest, more phony PR's will have to be issued and they will have to do a lot of explaining to :10 Minute Manicure why they're getting so many negative emails and calls from previous shareholders on how the company treats people.
No one here will have to spend any money on any law suits because :10 Minute Manicure will do it. RIGH won't be able to sustain without the share holders and :10 Minute Manicure will force them into bankruptcy when they file their suit against them.
If the SEC gets a few complaints and starts an investigation, they'll have the DTC put a stop on all trading of RIGH until the complaints have been resolved and that will put a halt to RIGH.
I looked at the trades for the day.
Sell at approx. 273K and buy at approx. 150K and the share price goes up .002 from the previous day. Even with the Form T from the previous day, doesn't anyone find that a little manipulating. All of you pro stock people should be able to answer that one, because I sure can't.
Wrinkles, Its just amazing
how so many people got dumped on with RIGH and how many people are still so optomistic about how this stock is going to turn around and do great things for them and not realizing its going to take an arm and a leg just to get back to the post R/S price of .075.
Pre R/S price: .0003
Post R/S price: .075
Trading Begins: .014
This should bring out the optimism in everyone, were only DOWN 535% from the date of the R/S, or basically sub, sub, sub penny for a Pre R/S of .000056.
I hope people don't think RIGH is going to start rolling in the dough right away, because it doesn't happen that way. It could take 6 months or longer before they see their first bit of revenue and in the mean time nothing will change with the companies business pratices with the share holders. I think, IMO if anyone wants to buy they should wait until it drops to .008 and that shouldn't take very long at all.
I'll just make this simple.....
WHAT A JOKE
CEO or President dosen't know what a R/S is and the CFO dosen't know how to fill out the proper paperwork for the SEC and this company has been trading for a while now.
I remember the old black n white movie where the captain says "dive, dive, dive" and then they sit on the bottom waiting for the destroyer to drop the depth charges on them and obliterate them.
I like your attitude....
I need to change mine. I'm taking this thing way to serious.
Even you HOPE THAT ITS FOR SURE.
There is a difference in being negative and expressing discouragement and abandonment. Another PR comes out today with yet another twist to the company. This PR is supposed to enhance "investor confidence" again.
PR....Revodent deal, everyone excited, few months later Revodent deal canceled.
PR....Shareholders meeting and financials, canceled twice and happens 4 months later.
PR....2 celebrities on board, where are they, who are they.
PR....Dental professional to endorse products, where and who is this person, has this dropped by the wayside also.
PR's..Going to increase revenues by $500, $40K, $2M, and now possible $50M. I still haven't heard of $1 brought to the bottom line to date.
Everything being so general with no details makes it much easier to back out and place blame on something that probably never existed in the first place.
Typically the share price with this company drops when a PR is issued because of the dilution to raise money for salaries.
All this last PR will do is buy them a few more months to encourage "investor confidence", dilute and then cancel again.
Until I see direct results I will be discouraged and won't listen to their cries of WOLF.
Even VERT had enough and got out
according to the L2. Your so right about those numbers Wrinkles. This company is preying on the ones willing to stick with it and their doing a pretty good job of it. This was definitely some more company dilution to gain "investor confidence" again.
I don't find this surprising, but isn't it just typical that the company isn't getting the paperwork completed to release our shares but they obviously had their shares converted immediately so they could dilute before anyone else had the chance to sell.
A few people are still HIGH ON THE HOG on this stock. When I read their posts I don't know if I should laugh or barff when I read them. I hope it works out for them because they sure are optimistic.
A lot of us who have stuck with this for a year now have been burned so many times by the dilution tactics we kind of had this coming to us for being so opimistic ourselves. But live and learn, I guess.
It's to bad that the company would be so manipulating and dishonest to the very people that wanted them to succeed.
Nothing different here....
PR comes out and the stock drops. This BS has been going on for months. The company said they wanted to show "investor confidence", here you go. Just wait until the next PR and see how far it goes down.
Did everyone notice....
Joe Dwyer was endorsing that 10 Minute Manicure Facebook page also.
So are you saying you had 400K that did a R/S at 250:1 to 1600, then they did a F/S at 1:250 and gave you back your original 400K. I'm sure the xz at the end means the broker dosen't have the shares yet. No double split has taken place.
What double split are you talking about?
I didn't see anything on the NV about another split. Are you going off of what one of the posters is trying to bash into our heads?
OH....Joy, another PR
I like this part... "the Company will not only further instill investor confidence as the company moves forward, but also provide a strong platform for future growth".
Does this PR have any indication that we're all going to get our shares today so we can all watch this thing tank again.
I thought their was a couple previous PR's that they put out that said they wanted to "instill investor confidence" and then it sank.
Just another day with RIGH(D)
All the A/S, O/S, R/S numbers equal one thing BS.
How many people thought RIGH(D) was going to be a great stock by Christmas? Now that they have exchanged their preferred into common shares it will be much easier for them to dilute without anyones knowledge of it. When everyone gets back to trading again with their brokers (and who knows when that will be) lets see how fast this thing drops. I'm looking at .015 by the end of the week if trading begins on Monday.
RIGH(D) said they wanted to show the sharholders that they care.
The old saying goes:
PR me once and dilute, shame on them.
PR me twice and dilute, shame on me.
I've seen their hand up my bunghole so many times in the past 4 months stuffing me full of PR's, I don't even think an enema would help.
Oh, by the way, I hope everyone had a nice Thanksgiving and didn't think about this dead Turkey (RIGHD).
We'll see what happens the next few trading days. The MM's don't want to mess with it because their all unsure. I think I saw VERT was in at .10 earlier but not sure what it is at present. A lot of MM's that deal with this kind of stock won't get into this price range because of the possible losses are to high. I think their levels will be lower and the manipulation will be less attractive to them until this gets back down to the sub penny status.
So a PR goes out from Edgar's on Yahoo showing Financial information for the years 2003 and 2004. RightSmile as it is today didn't even start their business until 2009. At least this isn't a formal PR.
Wrinkles... What do you think VERT is up to sitting on .1003?
How are they going to pay for these two celebs? I don't think they would take payment in stock options. One last question, why was there no PR made on the upcoming R/S. I have never heard of a company not giving any notice that I'm aware of.
VERT moved their position from .0009 to .1003 earlier today.
I'm not sure if this means anything.
If the split is effective tomorrow it should open at .05 is that right?
Well lets see if we get a PR in the morning about the reverse split. Remember in an earlier posted email, Gene didn't know what an R/S was. Tomorrow the MM's will let us know if we make it or break it. RIGH won't do anything until the day after the shareholders meeting. Now the celebrities on the other hand will sell the minute the reverse split happens because their not being paid cash but in shares. If the sponsors on the other hand thought this was a legitamate company and thought it was going places they would hold for a higher return on their investment. This week we will all see if RIGH wants to be a forward going company or a scam. There is nothing anyone can do about the MM's. All of us who are holding should not be discouraged if this goes from .075 to .03 in less than a week. If RIGH drops this fast you will know it was all a scam and manipulation to make Gene and Joe some quick cash and the company will be done, allowing them to move on to their next venture in penny stock scams. I would have to say that 90% of the common investors so far have lost several thousands of dollars with this company. Its a shame that Gene and Joe didn't have the entrepreneurial skills to make this company work.
My only positive speculation would be that they have an investor willing to make this work.
Thank you, I understand what the document states but as you can see it just doesn't seem right that the preferred would now be worth 250x what it was. That would be considered a form of legal fraud
I would think that the preferred would roll back also because if it didn't the large number of preferred they hold would be worth .075 also. Which they would be getting an automatic 250x increase with no reduction in shares.
Does the date on this reverse split still stand at Nov. 16th?
If it is preferred shares only then it will be a forward split
Sorry... I meant PR's
I'm referring to what UNQT intended the split would do for them.