Replies to post #74432 on Rightsmile, Inc. (RIGH)

[Steve White]

Meant TY mdimport as reposted from bcap site.....

[malvern]

That's great news and Im sure the 8bil set aside was at a pps of around .0002. Im glad to hear they aren't going BK!

[mdimport]

The moral of the story is its very difficult for publicly traded corporate creditors to avoid repaying their debts. Once agreements have been signed, they have to be honored by both parties. BCAP did its side by providing funds, RIGH has to do its by repaying what's owed in full.

Same will apply to Settlement, whether its bankruptcy for RIGH, or a compensation agreement for BCAP.

[my2Mustangs]

But with 26B+ given to Sal and the OS of 4.344B+ as of Dec. 2012 and the fact that Aaron has converted 500K preferred into 5B plus sold that and the 200M common he was originally given on an AS of 30B, how is there room to set aside 8B more?

Clearly math is not a strength for Aaron. He just keeps throwing out wild numbers but they can never add up.

I wonder what Aaron's next make believe numbers will reveal.

[DSTAT]

Sounds like JOE has first hand knowledge of this LOL!