RightSmile, the Leader in Cosmetic Teeth Whitening, Requalifies for DTC Equity Clearing
December 07 2010 - 1:52PM
Marketwired
RightSmile, Inc. (PINKSHEETS: RIGH) (www.RightSmile.com) is the
leader in Cosmetic Laser Teeth Whitening. For quality assurance
reasons, RIGH(D) was forced to reaffirm their share structure after
the reverse split on Nov. 16th by the DTC. The DTC has completed
their formal examination, and has once again approved RIGH(D) for
eligibility through the DTC.
This fact has been the reason that shareholders, since the
reverse split, have not had unfettered access to their shares.
While the Company is not required to trade through the DTC, it does
provide a platform that increases the speed of the clearing of
shares. The Company was not made aware that they would become
ineligible with the DTC, until after the reverse split went
effective. Had the Company been notified of this possibility, it
would have taken steps to assure that it remained DTC eligible.
Additionally, at the time of the reverse split a temporary 'D'
was added to the RIGH symbol for a period of 20 business days,
after which time the 'D' will be removed.
About RightSmile:
Based in Port St. Lucie, Florida, RightSmile, Inc. engages in
the distribution of branded and private label Cosmetic Laser Teeth
Whitening products addressing multiple markets.
The Company believes all remarks made in the release to be
accurate to the best of its knowledge.
The foregoing press announcement contains forward-looking
statements that can be identified by 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.
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