Replies to post #36098 on Rightsmile, Inc. (RIGH)

[rick25]

Me neither!

[JohnCM]

I thought RIGH had the option of paying $200,000 by July 2012 or issuing shares to BCAP at that time. Now I see this ... OK.

"In March the Company was able to open a brokerage account and begin converting its aged debt and selling it to raise working capital for the Company. The Company was able to raise significant working capital by mid April to move the Company forward.

In April the Company had successfully sold all the shares of RightSmile, Inc. it received from a portion of its conversion of aged debt resulting in a significant increase to its working capital. The Company was able to complete all sales by mid April."

[beamin1]

It's possible, but if it's true then that means our CEO has a lot of explaining to do.

Most of us have been giving him the benefit of the doubt for quite some time and are just tired of the failures to even comment on the failures to deliver on his promises. With that being said, a blog post full of "Arrrgghhh Mateys" just isn't gonna cut it for us anymore.

He SHOULD have addressed the DTC chill in a manner fitting a CEO.

He SHOULD have filed the fins within the 15 day extension, or commented on his reasons for doing so immediately, not in a private email stating "the financials were delayed with purpose", is he crazy, admitting in public he intentionally made the price go down????

The SEC has been watching this very closely and many stockholders are in close contact with the SEC regarding what's gone on with the dilution etc in the last 6 months and making statements like that in a blog, or an email is just asinine.

[staynafloat]

Here you go John. I think your right.

In October the Company sold its control block of 800,000 shares of Series A Preferred stock in
RightSmile, Inc, back to the Company for $200,000. The terms of the transaction state; all payments and
interest have been deferred until July of 2012 at which time RightSmile can either pay the Company cash
or elect to pay off the Note in equity.

http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=63106


http://investorshub.advfn.com/boards/board.aspx?board_id=14521

float

[FRAKSTER]

BCAP OWNS shares in two companies. tggi and righ, tggi is at no bid so i would guess they sold shares in righ.