Rooshine Inc. (RSAU)

[diduknow]

A cursory look at the public filings is all you need to know. Look at the balance sheet for the debts and owzies vs zero in cash! Then look at the details of the convertibles etc. The company states 50bux in cash and the other assets are near valueless and over 300k in debt and growing. Cost dough to stay listed. It also shows the INCITO labs convertible which is convertible at a discount and would convert into shares that may or may not cause 15Million shares to be issued, depends on price. But there is NO doubt its reached the limits of its authorized share count. In addition, the majority owners of the stock, whether it be resticted or non restricted are the same dude or dudettes that keep pumping this Australia B/S which it is B/S because none of the CEO's timelines have EVER been met nor will they be without CASH, which means dilution if anyone is ever dumb enough to lend em money. I suspect the Australia dudes or dudettes are the only ones loaning the money to stay listed like that 25k shareholder loan, as the CEO never paid for his control block to begin with and sits on the books as a note due the company. LOL! I doubt he is gonna pump in more. Even funnier is another receivable for stock sale loan for 17,500 that apparently keeps going UNPAID! The company is worth 200k or so as a clean trading vehicle and it is NOT clean so its worth is ZERO for an equity holder or close enough.