BOCA RATON, Fla., Jan. 18, 2012 /PRNewswire/ — RightSmile, Inc. (OTC:RIGH) is pleased to announce the Company has fully executed all documents and completed the reverse merger with BG Medical Technologies, Inc., parent company of popular medical cannabis portal, BudGenius.com.
As per the terms of the closing agreement, Randy Schneider has resigned from all positions of the company, while Aaron Stanz, CEO of BG Medical Technologies, Inc., was elected as the new CEO and Director of RightSmile, Inc.
The transaction was completed for a combination of newly issued Preferred and Common shares of RightSmile for 100% of all the outstanding shares of BG Medical.
Aaron Stanz the new CEO will issue a more detailed press release in the morning.
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.