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Re: ChannelTrader post# 35592

Wednesday, 04/18/2012 6:05:07 PM

Wednesday, April 18, 2012 6:05:07 PM

Post# of 92702
The question is easily answered. Yes, BudGenius is having problems with the accounting systems that Rightsmile used before the merger. According to the Notification of Late Filing on March 30th:

Rightsmile, Inc. (RIGH) needs additional time to properly prepare the December 31, 2011 statements due to RIGH's recent reverse merger and required consolidation of accounting systems.



So Aaron Stanz is probably a little over his head on the accounting, hopefully he actually hired someone to help out. There are no excuses for not letting the shareholders know the reason for the extended delays.

The other part of the document says that they have an additional 5 days, from April 14th, to release Q1 financials.

The document can be found at:
http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=76610