Replies to post #83070 on Rightsmile, Inc. (RIGH)

[stemcell]

what do you value righ at?

Funny why some don't evaluate it the way do. Are you privy to insider info that others don't seem to have? You conclusions seem to be much more negative than others who evaluate the same data.

$54k revs 1st 9 months 2014 annual projection = $75k revs
$68k loss 1st 9 months 2014 annual projection = $91k loss

but the real lipstick is found in the Q3 report's line items:

Contingent Assets: $80,000

DEFINITION of 'Contingent Asset'
An asset in which the possibility of an economic benefit depends solely upon future events that can't be controlled by the company. Due to the uncertainty of the future events, these assets are not placed on the balance sheet. However, they can be found in the company's financial statement notes.

with "audited" fins, they wouldn't be on the balance sheet, but where did angel put them?
Page 1 of his balance sheet roflmao, (page 4 of the Q3 fins):
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=129668

Intangible Assets: $520,754

Wow! Over a half million dollars worth of?

DEFINITION of 'Intangible Asset'
An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all common intangible assets in today's marketplace.

My best guess is the budgenius name is what he refers to, even though it's not protected as i see copyright only on his website, not marca registrada trademarks, how he came up with such a freaky number of $520,754 is beyond me!

so what value do you put on a company poised to lose almost $100,000 in 2014 on revs of maybe $75,000? Only possible revenue in the pipeline is the tommy chong crap, which could be a full year away from actually starting to sell....strain testing biz is almost cooked, tests get less and less each month that goes by.

Weighted Average Common Shares Basic and Diluted 26,569,110,579 a/o 9/30/2014

26,569,110,579 times .0002 = $ 5,313,822

how on earth could this company be worth over $5 million dollars?
Even 5 years from now?
Magic share fairy will sprinkle MORE shares on investors, but none of them will go "poof" like some merlins would have you believe