Bobby, you'll know it when you lose a crank seal, you don't just have a little more smoke coming out one side, and if you do, it won't be long before the leak gets worse, and you are really sucking tranny fluid making a smoke cloud behind you. And of course your bike will start running really shitty. The fact that makes me confident is he's losing tranny fluid, and its the right side(the only side that could possibly be sucking tranny fluid), thats quite a coincidence to not be the crank seal.
Machz05, have you held your hand behind the exaust? Is it discharging oil? I'm not just talking some moisture, but spraying oil.