Replies to post #76107 on Rightsmile, Inc. (RIGH)

[sdcasper]

Looking forward to the test of the year. Great things coming.

[my2Mustangs]

ROTFL-CEOs like Aaron and Matt always trip themselves up and get themselves caught in their lies sooner or later.

Can you imagine the reaction from someone at the SEC and what they would say about a blatant lie like that. Ask for more time to file a 10Q because of hiring a new accounting firm and then say there isn't one in the 10Q. What a hoot!

Good thing Aaron is disclosing through the OTC, otherwise the SEC might have him up on perjury charges.

[FullDeck]

Filing: "Accumulated Deficit" increased $1.36 MILLION in Q2!

That means a loss SOMEWHERE of $1.36 MILLION in Q2 alone!

I'm not going to spend a lot of time running this down. But if you're invested in RIGH in any serious way, you should follow up on this with your own DD AND a call to your CEO, Angel Stanz.

Definition of "Accumulated Deficit":
http://www.accountingcoach.com/terms/A/accumulated-deficit

The 2013 Annual Report said RIGH's "Accumulated Deficit" was $2,283,291.53 as of 12/31/2013:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=120871

(Page 15)


The 2014 Q1 (March 31 2014) Disclosure ALSO said the "Accumulated Deficit" as of 12/31/2013 was $2,283,291.53 (add the first two highlighted numbers in snip below.) And it comes to a closing Deficit of -$2,301,601.26, which includes the Q's loss of $18K, but for some inexplicably sloppy reason, it re-adds the number and comes to a total of -$2,319,911.00 :



But now THE REALLY TROUBLING PART.

The 2014 Q2 Disclosure IGNORES ALL OF THAT AND RESTATES THE DEFICIT AT $1.36 MILLION HIGHER!

Angel NOW says that the 2013 Deficit was really $3,643,576 (NOT THE $2,283,291.53 he had reported in the actual Annual and the Q1.)

From Page 4 of latest June 30, 2014 Q2 disclosure:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=125532


And he TOTALLY BLOWS AWAY HIS PREVIOUS 2013 ANNUAL AND 2014 Q1 ASSERTIONS THAT THE 2013 DEFICIT WAS "ONLY" $2,283,291.53.


From Page 11 of latest June 30, 2014 Q2 disclosure:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=125532



That's a $1.36MM increase out of thin air. Someone should give Angel a call... this is serious.

"Claims of a New Accountant"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105486674
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105550045

From the man who gave us USCREDITFIND and USMUSICFIND
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103051633

Best to all.

[FullDeck]

Angel blames "New Accountant", then doesn't use one!

RIGH CEO Aaron "Angel" Stanz claimed RIGH's Q2 disclosure was late because of a "new accountant" that first was causing the delay on August 14, then was said to have just been retained on August 18, then he provided a Q2 report that WASN'T EVEN PREPARED BY AN ACCOUNTANT!

Y'can't make this sheet up:

On August 14, Angel filed this:

http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=124844


Then, on August 20, AFTER he had missed the filing deadline, Angel said this in a PR designed to deflect from the late filing by announcing a "doubled scope" (LOL):

As of yesterday [August 19], quarterly reports are being prepared by the Wells Compliance Group, an accounting and SEC reporting services firm in Santa Monica, California. These will be posted as soon as the firm has completed them.

Then, on August 21, he filed a Q2 DISCLOSURE THAT HE PERSONALLY PREPARED, as he did all the others:

Accountant or Auditor
N/A
Investor Relations Contact
N/A
Other Advisor
N/A

You can't make this sheet up. What's more troubling is the Q2 loss of $1.36 MILLION:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105551320

Now he's claiming "new discussions"... more on this later, but IMHO... prepping for a "Reverse Merger", along with the dissolution of most shareholder equity since between Angel and Sal, they control 65 BILLION shares, or at least 90% of the company.

IF ANGEL HAD BIG PLANS FOR THE COMPANY, AND GETTING MORE "RESPECTABLE", WHY DID HE FILE A DAY LATE AND GET RIGH KNOCKED BACK DOWN TO OTCPink lIMITED"?

Less stringent reporting requirements going forward?



Wotta crock.

Any equity received by RIGH in an RM would overwhelmingly benefit Angel and Sal, and leave Common Shareholders "reverse split" virtually down to nothing.

Eyes wide open all...

[PressureWasherGuy]

You have a good insight on RIGH. Keep it up...this one is do or die.
What is the revenue source again?