RightSmile, Inc. Filed its Annual Report for Fiscal Year 2010 and is Restored to PK Listing
FORT LAUDERDALE, Fla.--([ BUSINESS WIRE ])--RightSmile, Inc. (Pink Sheets:RIGH) has filed its Annual Report for fiscal year ending 2010, the Company changed from a year of May 31 to December 31, which caused the confusion and aYield Signa yesterday on PinkSheets. In the coming weeks the Company will file its 1st quarter results for 2011.
The Company is please that the consultant brought in to restore "RightSmile"will begin servicing 20 former SmileShoppe locations under the brand name aRightSmilea and hopes to add 30 more for the quarter. The share buy back program the Company plans to move forward with is predicated on revenue from RS Brands, Inc., a wholly owned subsidiary of RightSmile, Inc. that holds all the assets of the teeth whitening business. The Company believes it needs one quarter to begin restoring revenue then plans on purchasing shares in the open market in the third quarter.
The Company believes all other remarks made in the release to be accurate to the best of their knowledge.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.