RightSmile, Inc. (Pink Sheets:RIGH) has reached a settlement in the lawsuit against Peter Langone and Joseph Elkind, the former owners of Global Branding, LLC, seeking to recover certain assets owned by RightSmile and its subsidiaries. While the parties have entered into a Stipulation of Settlement to, among other things, rescind the securities exchange agreement pursuant to which RightSmile acquired Global Branding, LLC, RightSmile had also moved to hold Langone and Elkind in contempt of court for failing to comply with certain conditions of the Stipulation of Settlement. RightSmile as part of the settlement has agreed to rescind the purchase of Global Brands, LLC and relinquish the name Kazore Holdings, Inc and all of its subsidiaries. RightSmile has kept all the assets of Kazore that were acquired in February including its client list and has begun operating under a new name DevTek, LLC as of July 1, 2011.

Although the rescission agreement cost the company the name “Full Spectrum Media” and the financials will not show any revenue during the last 5 months, the company has been fully operational servicing such clients as Hard Rock Hotels and Casino, Duty Free Shops, Fruit Fresh Delivery and River Cross LTD to name a few.

RightSmile has recently entered into a transaction to regain control of the Company so it can move forward with a reverse merger with another company. RightSmile will officially announce this transaction once the last two quarters have been posted on PinkSheets and the Company is restored to a “Yield Sign”.

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.

RightSmile (CE) (USOTC:RIGH)
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