Rightsmile, Inc. (RIGH)

[FullDeck]

Taylor Moffitt, "Inner Core Group", Greenridge Capital are..

...the "angel investment group" spoken of in the 8/21/2014 Press release. And Sal Tuzzolino may well be an Inner Core Group investor. Just makes sense (IMHO, of course).

Read below to see who will benefit. HINT: it DOESN'T rhyme with "Current Shareholders."

NOTE: This is an updated post from 9/2/2014 which includes events of the day after- 9/3-5/2014 in "Commentary and Links*" at bottom of post. Specifically , "Buyback or Cashout", "Nonsense, No lab"...

http://ih.advfn.com/p.php?pid=nmona&article=63333305

The funding commitment will pay for certain company expenses to be announced after paperwork has been signed.

Apparently, as of 9/4/2014, these "company expenses" included the re-purchase of shares GIVEN to Taylor Moffitt, Inner Core Group, and/or Greenridge Capital. See link at end of post.

In my humble opinion, of course, but well substantiated.

Moffitt's ownership of the two dummy companies, Kelso and USCoProducts, that were given 3 Billion RIGH shares, is spelled out here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105735386

It wouldn't surprise me if that investment came from the windfall sale of some or all of the dummy companies' 3 BILLION RIGH shares in the recent "dumping spasms" we've seen in RIGH.

Cunning, to say the least.

It also wouldn't surprise me to find that Sal Tuzzolino is a major investor in Moffitt's Inner Core Group, or that he represents a group of ICG investors in some way. I can imagine a Moffitt-engineered scenario where "Sal" invests X in Inner Core Group and is rewarded with Y RIGH shares.

What does Angel get out of it?

To his credit, Moffitt explains his strategy in a video here:

http://innercoregroup.com/video-explanation-of-our-investments.html

And he provides an example of how it works here:

http://innercoregroup.com/a-single-representative-ipo-example-a.html

It appears obvious to me that the last flurry of Press Releases were not written by Angel (not his usual condescending tone), and were in fact written by Moffitt and directed more to Moffitt's ICG investors than to RIGH investors.

Moffitt's aim is to get a large stake in a company, revenues unimportant (done, IMHO, in the 2013 allocation to Sal and the two dummy companies), then get it listed on an exchange- the OTCBB at least (pending, as per the news release below), and then engineer a Reverse Takeover or Reverse Merger with a private company, possibly also created by Moffitt.

OTCBB listing PR:
http://ih.advfn.com/p.php?pid=nmona&article=63346979

That's the "plan" he outlines in his example in the link above with "Diversified Ethanol" (later GRCO). And he likes "sexy companies". Back then, "ethanol" was the next big thing. Now it's MJ and BioTech- perfect together.

In the above scenario with RIGH replacing ONYI, the big winners would be Angel, with his 35+ Billion converted shares, and Sal Tuzzolino (ICG?), with its 26+ Billion shares.

How many shares does the real common shareholder have? We haven't had an update on the float since 2012 (for a reason), but I'd guess it's in the neighborhood of 6 to 8 Billion shares.

Just about 10% of the fully diluted total Outstanding Shares.

So who makes out in any Reverse TakeOver or Reverse Merger? The 90% owners- RIGH CEO "Angel" Stanz and "Control Shareholder" Salvatore Tuzzolino (Inner Core Group?).

There are several ways this might now be, and several ways it could go. And I don't have the patience to track them all down.

But if you're a holder of RIGH, I'd suggest you do yourself a favor and familiarize yourself with Taylor Moffitt, Inner Core Group, GRCO ("Single representative" link above) and JMCP/JMON (for history of prior Moffitt deals- some links in prior post).

And if you watch enough Moffitt videos, you'll see he's a big believer in "NEWS! NEWS! NEWS!", so RIGH holders may be heartened by that.

But all this talk of "new dispensary" and "new device" to me is just missing the point and penny-ante diversions at best.

I've long said that the most valuable thing Angel and RIGH owned was their OTCPink listing. While OTCPink is not Moffitt's favorite, at this stage in the development of his fledgling "Investment Bank", he's apparently willing to use it as a jumping off place.

For a share-selling... ummm..."plan", not a business.

RIGH holders might want to remember who Moffitt is working for, though- Inner Core Group holders who I believe have already gotten in at substantially lower than any retail investor (26+ Billion shares for somewhere under $1MM is my educated guesstimate).

But as always, just MY opinion- please do your own DD and....

Best to all.

* 9/3-5/2014 Commentary and Links

Well, true to the "NEWS! NEWS! NEWS!" mantra, RIGH put out a PR the day after the original post above:

http://www.otcmarkets.com/stock/RIGH/news/Bud-Genius-in-Stock-Buyback-Talks?id=87141&b=y

The question is- "Is this a buyback or a cashout?"

SEE:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105897147

And, of course, the "NEWS! NEWS! NEWS!" PRs aren't free, so...

Another Form T "Late Report" DUMP....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105913341

Also, for more background, see:

Kelso, USCoProducts = Taylor Moffitt, Carlos Febles, and THEY equal Inner Core Group which equals GreenRidge Capital (via joint venture)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105723952

RIGH GIVES Inner Core Group 3 BILLION RIGH shares, then "re-purchases" them

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105939529

Plus, RIGH has no lab...

"Nonsense. No lab"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104652236

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104116631

And again, all the above is my opinion only. I urge everyone to do their own full Due Diligence before making any investment decisions.