Replies to post #42218 on Rightsmile, Inc. (RIGH)

[my2Mustangs]

Another AS increase is more likely than a RS.

There was a 1 for 500 RS done in 2007 and a 1 for 250 done in 2010.

http://www.otcmarkets.com/stock/RIGH/company-info

If a RS could be approved by a vote only, I would agree with you because insiders/noteholders/consultants would approve the RS without having to ask shareholders like they did with the AS increases, but RIGH would need approval by FINRA too, don't they?

An AS increase could be done by a vote of "the majority shareholders by written consent" but they can't do that either unless they file their "annual list" with the state of Nevada first as right now the incorporation papers/business license are in DEFAULT. Only $2675 to make their papers ACTIVE again including "late filing fees."
http://nvsos.gov/sosentitysearch/FeeDetails.aspx?ctok=1MFhOt%252bzne3BM%252f3nmJqo5g%253d%253d

They did an AS increase about 2 months before their papers expired.

All together they did 3 AS increases between 2/6/2012 and 7/10/2012

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=1MFhOt%252bzne3BM%252f3nmJqo5g%253d%253d&CorpName=RIGHTSMILE%2c+INC.