Wednesday, March 19, 2014 2:15:33 PM
New to RIGH? "Must-See" Due Diligence
(Moderator: Please "Sticky post")
Anyone researching RIGH should first know about the OTCMarkets' "SKULL AND CROSSBONES" warning:
LINK:
http://www.otcmarkets.com/stock/RIGH/quote
RIGH has not produced any filings nor has it had any Shareholder Communications since Period End Date 9/30/2012, shortly after its inception. You can see them at:
http://www.otcmarkets.com/stock/RIGH/filings
The next thing to understand is that Aaron "Angel" Stanz IS RIGH. HE IS THE ENTIRE COMPANY!
Angel is the CEO, the CFO, the COO, the CMO, the CTO, and the Chairman of The Board. Indeed, Angel IS The Board of Directors. Righ has NO OTHER OFFICERS.
And most important, Angel is the majority shareholder with control of at least 40.2 BILLION shares of RIGH:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96713452
Press releases from RIGH's inception are plentiful, and predictably praise Angel as a tech visionary.
But look a little further, beyond the self-serving PRs, and one gets a very different view.
Prior to the start of RIGH, Angel was the target of a lawsuit by the Illinois Attorney General, alleging a phone-billing scam by a company he owned:
Link:
http://illinoisattorneygeneral.gov/pressroom/2009_06/20090618.html
Screenshot:
And subsequent research revealed that EVEN AFTER REACHING A PLEA BARGAIN DEAL WITH THE ILLINOIS AG, Angel CONTINUED HIS PHONE BILLING SCAM WITH A "NEW" COMPANY- USMUSICFIND:
Link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98623549
So that's the verifiable history of the CEO (Chief "everything" Officer") of RIGH- Aaron "Angel" Stanz.
As you can see in the link above, Angel's next venture was the creation of the BudGenius.com website:
Link:
http://budgenius.com/
Many new investors are seduced by that site, with its hi-res photos of "bud", and its hyped-up claims of relationships with local California dispensaries.
But drill down a bit further, and you'll find that most of the dispensaries no longer (never did?) exist. And the "social media" component of the site that was supposed to be so critical to its success doesn't exist, either:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99072747
The link above also addresses the MINIMAL IF ANY REVENUE since the LAST FINANCIAL DISCLOSURE OF SEPT 30, 2012.
RIGH shows a maximum of $39K (NOT A TYPO! $39,000!) in Revenues in all of 2013 and 2014! Mop and Pop store numbers. New investors can do the calculation for themselves:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98018019
RIGH's sole revenue source is cannabis testing, allegedly done by its lab, BGMedTech. There are serious doubts as to whether the "lab" even exists:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98840531
Compared to a REAL cannabis testing lab:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98642786
And BGMedTech is not accredited (or even acknowledged) by The Association of Commercial Cannabis Labs-
From the Assocation of Commercial Cannabis labs home page:
"Founded in 2011, the ACCL and its member organizations are dedicated to establishing medical marijuana best practices and certifications for quality standards. Since its inception, the ACCL has been at the forefront of the movement to develop mandatory testing protocols for medicinal marijuana products, and with the expansion of its membership base to include Cannabis testing laboratories throughout North American, the organization continues to serve as an example to the rest of the industry on how to work together effectively to bring greater legitimacy and credibility to the medical marijuana community.
New ACCL member organizations will be required to demonstrate satisfactory scientific acumen and expertise as part of the mutually agreed upon membership requirements. Member organizations will engage with dispensaries, growers, patients, legislators and other medical marijuana industry stakeholders in the ongoing effort to define and create testing standards for potency as well as for microbiological contaminants such as mold, fungus, pesticides, bacteria, E. coli and other harmful elements that can comprise the health and well-being of medical marijuana patients."
Link to ACCL Home page:
http://cacannabislabs.com/
Link to list of Members:
http://cacannabislabs.com/labs.html
All the legitimate big Commercial Cannabis testing labs in California are already members. The Association has plans to expand nationally.
And RIGH has NO PRESENCE in COLORADO or WASHINGTON, the forefront of the marijuana boom. Their "first-to-market competitors DO:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96886607
Further, Angel has totally neglected RIGH since 2012. There is NO business development going on there!
The Trademark on RIGH's flagship property, the BudGenius TradeMark, has been "ABANDONED" and left for "DEAD":
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98764205
What's more, no updates to the source code for the BudGenius website has been made since 2012, as evidenced by the failure to update the Copyright date (2012), and advertising referencing 2011 PRICING! SEE:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97541433
Lastly, but perhaps most importantly, RIGH has had NO SEC FILINGS SINCE 9/30/2012. The only communications to shareholders in that time has been via "Personal Emails" to shareholders (yes, that's what I said), and a personal blog.
Neither "personal emails" nor a "personal blog" (without prior notification to shareholders) is a valid forum for shareholder communications as per the SEC.
Nevertheless, Angel's last two blog posts contained the same empty promises.
From August 13, 2013:
http://angelstanz.wordpress.com/?s=shareholder+communications
From February 13, 2014:
http://angelstanz.wordpress.com/?s=taxiing
And, perhaps the most troubling shady dealing was Angel's re-filing of RIGH's business license in Wyoming, after RIGH's Nevada license had been revoked.
Angel used this deceitful maneuver to avoid the scrutiny of shareholders as he single-handedly raised (remember, Angel IS RIGH- he needs no other authorization to do ANYTHING!) the number of RIGH's Authorized Shares SIX-FOLD!
That's right, RIGH CEO Aaron "Angel" Stanz secretly increased the number of RIGH's Authorized Shares from 5 Billion to 30 BILLION without a word to shareholders!
Link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98364444
"My2mustangs" has been on top of the AS increases from the very start:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98339292
And "Steve White", also on top of RIGH's shady deals from the start, recently uncovered a deposition video of the previous RIGH CEO, with whom Angel had early dealings, that had some blockbuster revelations:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98533003
The above video uncovered a previously unknown 670 MILLION shares in the hands of the previous RIGH CEO Randy Schneider. One can only wonder what else has gone undisclosed since the last financial disclosure IN 2012.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98659860
There are enough shady deals going on in RIGH to combat Global Warming! CEO Angel Stanz would even have a tough time getting past the venture capitalists on "Shark Tank!
Just imagine.... Squiggly lines....
______________________________________________
RIGH CEO Angel Stanz on "Shark Tank"!!!
ANGEL: "Hi, Sharks! I'm here to offer you a 10% interest in my company RightSmile for just $500,000! We have a snazzy website with really cool pictures of marijuana and we tell California dispensaries that we will test their "Bud" for $150 a test! (or our Current 2011 Special- As low as $50 per test!) SEE?"
Kevin O'Leary: "W-wait a minute... 2011? Why so old?"
ANGEL: "Oh, not to worry! I'm just having a little temporary problem getting to my website's source code... a teensy payment issue, y'know... the normal stuff for a li'l startup like me! NOT TO WORRY, though- I've promised to have that cleaned up any day now!
! "
Robert Herjavec: Alright, let's forget that for a minute... so you say you have a snazzy website. What's it called?
ANGEL: "BudGenius!" "Isn't that a cool name?? We're very proud of it!
Herjavec: "So that's Trademarked and Copyrighted, and... "
ANGEL: "well, nooo.... actually, the Trademark has been abandoned 'cause I didn't follow through with it in 2013.... But Common Law says I can still use the name!! Really, I read it on the Internet, so y'know it's true!!! And the Copyright of 2012.. well, y'know, I haven't been able to change the source code.. y'know, that little payment issue...
"
Herjavec: "(sigh) Alright, putting THAT aside... you have this "social media" website where you market testing services to dispensaries in California, right?
ANGEL: "RIGHT! IT"S VERY EXCITING! WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! (Smiles sheepishly) Y'know what I mean, Mr. Wonderful? Wink Wink??
"
O'Leary: "uh-huh... So you're based in California, right?"
ANGEL: Well, actually, no... I was in Florida, then Nevada, but I let that license lapse, but now I'm in WYOMING!!! YAYYY!!"
O'Leary: "Wyoming.... oookay.... but in any case, isn't all the money in the marijuana testing space going to be in the recreational, not the medical side? You ARE established in Colorado and Washington, RIGHT?"
ANGEL: "Well, noooo.... but... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!!"
Herjavec: "Yeah, yeah... we got that .... Taxiing!, Runway! GOT IT... Look what were your sales numbers last year?"
ANGEL: "Well, there have been some issues, I.. I don't release "fluff", y'know
.... ummm, err... so I didn't report any numbers... you know how it is.... but... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! IT'S VERY EXCITING!!"
Herjavec: "Awright... this is getting silly, but... did you EVER report any sales?"
ANGEL: "YUP!! in 2012, we had revenue of about $140,000!"
Herjavec: "Well, OK... now what was your cost to produce that revenue?"
ANGEL: "Ummm,,,, about $600,0000.... but.... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! IT'S VERY EXCITING!!"
Mark Cuban: "Wait wait wait- So you're losing money, you have no proof of recent sales, no access to your website, you've just moved your business license to Wyoming... guys, this is stupid! Why are we even listening to this shill? Alright,alright...Mr. "Angel"- what's your business plan going forward?"
ANGEL: "Glad you asked that, Mr. Cuban. My Vision 2015 outlines my plans for a touch-screen diagnostic tool that will diagnose your symptoms and send them to your doctor, just by reading your fingertips!! Just by reading your fingertips!!! How cool is this???:
Mark Cuban: "ummm... Mr. Angel... that would be very cool... it would be very "STAR TREKKY." B-UT you expect us to believe that a guy with a shady record of filings, a record of only losing money, and from what I hear, a checkered past.... is going to come up with this world-changing technology? Do you even HAVE any cloud servers, even any labs that we can verify??? This kind of R&D is RIDICULOUSLY EXPENSIVE!!!"
ANGEL: "Glad you asked, Mr. Cuban... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! IT'S VERY EXCITING!!"
Cuban: ARRGGHH!!!! That's it!!! Barbara, hold me back or I'm gonna tackle this jerk!!!
O'Leary: OK... settle down.... Look, Angel.... your boilerplate for this "BudGenius" thingy says you're a "social networking" site.... how's that working out for you? Twitter? Facebook? How they looking?
ANGEL: GREAT! Just a few weeks ago we actually solved a login problem via our Twitter account, and this week we actually POSTED AN ARTICLE!!! I tell ya... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! IT'S VERY EXCITING!!"
O'Leary: THAT"S IT!!! HERJAVEC, GET HIS ARMS, MARK- TAKE HIM DOWN!!! I'm gonna stand aside and video the beatdown for the Youtube royalties!!!
_____________________________________
(End of squiggly lines)
In all seriousness, folks... y'gotta be careful with this one.
See link below, BEWARE THE "FINANCIALS" KRAKEN, and the best to all. DO YOUR OWN DD!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98840110
The only business going on at RIGH is:
http://www.youtube.com/watch?v=M1owcncKCHg Just my DD's Opinion
(Moderator: Please "Sticky post")
Anyone researching RIGH should first know about the OTCMarkets' "SKULL AND CROSSBONES" warning:
LINK:
http://www.otcmarkets.com/stock/RIGH/quote
RIGH has not produced any filings nor has it had any Shareholder Communications since Period End Date 9/30/2012, shortly after its inception. You can see them at:
http://www.otcmarkets.com/stock/RIGH/filings
The next thing to understand is that Aaron "Angel" Stanz IS RIGH. HE IS THE ENTIRE COMPANY!
Angel is the CEO, the CFO, the COO, the CMO, the CTO, and the Chairman of The Board. Indeed, Angel IS The Board of Directors. Righ has NO OTHER OFFICERS.
And most important, Angel is the majority shareholder with control of at least 40.2 BILLION shares of RIGH:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96713452
Press releases from RIGH's inception are plentiful, and predictably praise Angel as a tech visionary.
But look a little further, beyond the self-serving PRs, and one gets a very different view.
Prior to the start of RIGH, Angel was the target of a lawsuit by the Illinois Attorney General, alleging a phone-billing scam by a company he owned:
Link:
http://illinoisattorneygeneral.gov/pressroom/2009_06/20090618.html
Screenshot:
And subsequent research revealed that EVEN AFTER REACHING A PLEA BARGAIN DEAL WITH THE ILLINOIS AG, Angel CONTINUED HIS PHONE BILLING SCAM WITH A "NEW" COMPANY- USMUSICFIND:
Link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98623549
So that's the verifiable history of the CEO (Chief "everything" Officer") of RIGH- Aaron "Angel" Stanz.
As you can see in the link above, Angel's next venture was the creation of the BudGenius.com website:
Link:
http://budgenius.com/
Many new investors are seduced by that site, with its hi-res photos of "bud", and its hyped-up claims of relationships with local California dispensaries.
But drill down a bit further, and you'll find that most of the dispensaries no longer (never did?) exist. And the "social media" component of the site that was supposed to be so critical to its success doesn't exist, either:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99072747
The link above also addresses the MINIMAL IF ANY REVENUE since the LAST FINANCIAL DISCLOSURE OF SEPT 30, 2012.
RIGH shows a maximum of $39K (NOT A TYPO! $39,000!) in Revenues in all of 2013 and 2014! Mop and Pop store numbers. New investors can do the calculation for themselves:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98018019
RIGH's sole revenue source is cannabis testing, allegedly done by its lab, BGMedTech. There are serious doubts as to whether the "lab" even exists:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98840531
Compared to a REAL cannabis testing lab:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98642786
And BGMedTech is not accredited (or even acknowledged) by The Association of Commercial Cannabis Labs-
From the Assocation of Commercial Cannabis labs home page:
"Founded in 2011, the ACCL and its member organizations are dedicated to establishing medical marijuana best practices and certifications for quality standards. Since its inception, the ACCL has been at the forefront of the movement to develop mandatory testing protocols for medicinal marijuana products, and with the expansion of its membership base to include Cannabis testing laboratories throughout North American, the organization continues to serve as an example to the rest of the industry on how to work together effectively to bring greater legitimacy and credibility to the medical marijuana community.
New ACCL member organizations will be required to demonstrate satisfactory scientific acumen and expertise as part of the mutually agreed upon membership requirements. Member organizations will engage with dispensaries, growers, patients, legislators and other medical marijuana industry stakeholders in the ongoing effort to define and create testing standards for potency as well as for microbiological contaminants such as mold, fungus, pesticides, bacteria, E. coli and other harmful elements that can comprise the health and well-being of medical marijuana patients."
Link to ACCL Home page:
http://cacannabislabs.com/
Link to list of Members:
http://cacannabislabs.com/labs.html
All the legitimate big Commercial Cannabis testing labs in California are already members. The Association has plans to expand nationally.
And RIGH has NO PRESENCE in COLORADO or WASHINGTON, the forefront of the marijuana boom. Their "first-to-market competitors DO:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96886607
Further, Angel has totally neglected RIGH since 2012. There is NO business development going on there!
The Trademark on RIGH's flagship property, the BudGenius TradeMark, has been "ABANDONED" and left for "DEAD":
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98764205
What's more, no updates to the source code for the BudGenius website has been made since 2012, as evidenced by the failure to update the Copyright date (2012), and advertising referencing 2011 PRICING! SEE:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97541433
Lastly, but perhaps most importantly, RIGH has had NO SEC FILINGS SINCE 9/30/2012. The only communications to shareholders in that time has been via "Personal Emails" to shareholders (yes, that's what I said), and a personal blog.
Neither "personal emails" nor a "personal blog" (without prior notification to shareholders) is a valid forum for shareholder communications as per the SEC.
Nevertheless, Angel's last two blog posts contained the same empty promises.
From August 13, 2013:
http://angelstanz.wordpress.com/?s=shareholder+communications
From February 13, 2014:
http://angelstanz.wordpress.com/?s=taxiing
And, perhaps the most troubling shady dealing was Angel's re-filing of RIGH's business license in Wyoming, after RIGH's Nevada license had been revoked.
Angel used this deceitful maneuver to avoid the scrutiny of shareholders as he single-handedly raised (remember, Angel IS RIGH- he needs no other authorization to do ANYTHING!) the number of RIGH's Authorized Shares SIX-FOLD!
That's right, RIGH CEO Aaron "Angel" Stanz secretly increased the number of RIGH's Authorized Shares from 5 Billion to 30 BILLION without a word to shareholders!
Link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98364444
"My2mustangs" has been on top of the AS increases from the very start:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98339292
And "Steve White", also on top of RIGH's shady deals from the start, recently uncovered a deposition video of the previous RIGH CEO, with whom Angel had early dealings, that had some blockbuster revelations:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98533003
The above video uncovered a previously unknown 670 MILLION shares in the hands of the previous RIGH CEO Randy Schneider. One can only wonder what else has gone undisclosed since the last financial disclosure IN 2012.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98659860
There are enough shady deals going on in RIGH to combat Global Warming! CEO Angel Stanz would even have a tough time getting past the venture capitalists on "Shark Tank!
Just imagine.... Squiggly lines....
______________________________________________
RIGH CEO Angel Stanz on "Shark Tank"!!!
ANGEL: "Hi, Sharks! I'm here to offer you a 10% interest in my company RightSmile for just $500,000! We have a snazzy website with really cool pictures of marijuana and we tell California dispensaries that we will test their "Bud" for $150 a test! (or our Current 2011 Special- As low as $50 per test!) SEE?"
Kevin O'Leary: "W-wait a minute... 2011? Why so old?"
ANGEL: "Oh, not to worry! I'm just having a little temporary problem getting to my website's source code... a teensy payment issue, y'know... the normal stuff for a li'l startup like me! NOT TO WORRY, though- I've promised to have that cleaned up any day now!
Robert Herjavec: Alright, let's forget that for a minute... so you say you have a snazzy website. What's it called?
ANGEL: "BudGenius!" "Isn't that a cool name?? We're very proud of it!
Herjavec: "So that's Trademarked and Copyrighted, and... "
ANGEL: "well, nooo.... actually, the Trademark has been abandoned 'cause I didn't follow through with it in 2013.... But Common Law says I can still use the name!! Really, I read it on the Internet, so y'know it's true!!! And the Copyright of 2012.. well, y'know, I haven't been able to change the source code.. y'know, that little payment issue...
Herjavec: "(sigh) Alright, putting THAT aside... you have this "social media" website where you market testing services to dispensaries in California, right?
ANGEL: "RIGHT! IT"S VERY EXCITING! WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! (Smiles sheepishly) Y'know what I mean, Mr. Wonderful? Wink Wink??
O'Leary: "uh-huh... So you're based in California, right?"
ANGEL: Well, actually, no... I was in Florida, then Nevada, but I let that license lapse, but now I'm in WYOMING!!! YAYYY!!"
O'Leary: "Wyoming.... oookay.... but in any case, isn't all the money in the marijuana testing space going to be in the recreational, not the medical side? You ARE established in Colorado and Washington, RIGHT?"
ANGEL: "Well, noooo.... but... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!!"
Herjavec: "Yeah, yeah... we got that .... Taxiing!, Runway! GOT IT... Look what were your sales numbers last year?"
ANGEL: "Well, there have been some issues, I.. I don't release "fluff", y'know
Herjavec: "Awright... this is getting silly, but... did you EVER report any sales?"
ANGEL: "YUP!! in 2012, we had revenue of about $140,000!"
Herjavec: "Well, OK... now what was your cost to produce that revenue?"
ANGEL: "Ummm,,,, about $600,0000.... but.... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! IT'S VERY EXCITING!!"
Mark Cuban: "Wait wait wait- So you're losing money, you have no proof of recent sales, no access to your website, you've just moved your business license to Wyoming... guys, this is stupid! Why are we even listening to this shill? Alright,alright...Mr. "Angel"- what's your business plan going forward?"
ANGEL: "Glad you asked that, Mr. Cuban. My Vision 2015 outlines my plans for a touch-screen diagnostic tool that will diagnose your symptoms and send them to your doctor, just by reading your fingertips!! Just by reading your fingertips!!! How cool is this???:
Mark Cuban: "ummm... Mr. Angel... that would be very cool... it would be very "STAR TREKKY." B-UT you expect us to believe that a guy with a shady record of filings, a record of only losing money, and from what I hear, a checkered past.... is going to come up with this world-changing technology? Do you even HAVE any cloud servers, even any labs that we can verify??? This kind of R&D is RIDICULOUSLY EXPENSIVE!!!"
ANGEL: "Glad you asked, Mr. Cuban... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! IT'S VERY EXCITING!!"
Cuban: ARRGGHH!!!! That's it!!! Barbara, hold me back or I'm gonna tackle this jerk!!!
O'Leary: OK... settle down.... Look, Angel.... your boilerplate for this "BudGenius" thingy says you're a "social networking" site.... how's that working out for you? Twitter? Facebook? How they looking?
ANGEL: GREAT! Just a few weeks ago we actually solved a login problem via our Twitter account, and this week we actually POSTED AN ARTICLE!!! I tell ya... WE'RE TAXIING ON THE RUNWAY EVEN AS WE SPEAK!! I WROTE IT IN MY WORDPRESS BLOG!! IT'S VERY EXCITING!!"
O'Leary: THAT"S IT!!! HERJAVEC, GET HIS ARMS, MARK- TAKE HIM DOWN!!! I'm gonna stand aside and video the beatdown for the Youtube royalties!!!
_____________________________________
(End of squiggly lines)
In all seriousness, folks... y'gotta be careful with this one.
See link below, BEWARE THE "FINANCIALS" KRAKEN, and the best to all. DO YOUR OWN DD!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98840110
The only business going on at RIGH is:
http://www.youtube.com/watch?v=M1owcncKCHg Just my DD's Opinion
