SOURCE: RightSmile


December 07, 2010 13:53 ET

RightSmile, the Leader in Cosmetic Teeth Whitening, Requalifies for DTC Equity Clearing

PORT ST. LUCIE, FL--(Marketwire - December 7, 2010) - RightSmile, Inc. (PINKSHEETS: RIGH) ( 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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