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I am new here, but see many familiar pseudonyms. Mazel tov!
OTC Markets Corrected. Congratulations, you only have an additional 10,000,000,000 shares now. Do your Snoopy dance!
RSHN Security Details
lol
Where’s Mr. Eloquent Sterling when we need him ?
Another shrimp scam coming right up.
it was twitter linked TODAY
That video was posted on YouTube two years ago. Looking for up to date information.
Wait…
3.9M pounds of shrimp annually (that’s the goal at least)…and $55M annual revenue?
That’s $14 per pound…that’s higher than the $10 per pound SHMP was shooting for…and higher than the $3 per pound GRSP is getting.
Not sure how realistic $14 is. Perhaps there are other revenue streams contributing to that $14? Like selling brood stock?
More research is needed into their financial projections.
We are rolling out our story. https://t.co/k4ovgTuI4d
— RushNet Revival (@rushnetrevival) March 8, 2024
Michael Cunha - First Class Act $RSHN
So, offer something of substance to counter my claims which are based on the information presented by the owners of this ticker recently.
Cheerleading is for football games. If that's all you got go find a pom-pom.
I think your full of CRAP. A BASHER to boot! Your words are worthless as well as your timelines! GO $RSHN!
I just suggested waiting.
I even laid out a timeline so that you don't have to wait forever. At the end of the waiting if things still haven't happened like they said, that's a bad sign.
Your defensiveness to my suggestion makes no sense. Unless you're a shameless, greedy, punk pumper. You're not one of THOSE, are ya?
Better sell and get out quick you think HEY? Sorry, will wait and see the real facts. GO $RSHN!
A timeline
February 16 -- New Management Announced
February 20 -- RSHN regains Pink Current after AOC is submitted
March 1 -- OTC Markets report an increase of shares to 95,000,000,000
So, it only took 8 business days from the time the new paperwork was submitted till the time the OTC market was updated. They said it was a mistake and it is being fixed. Let's say they resubmitted the paperwork the next possible day, Monday March 4th.
Logic would suggest if from 8 business days from March 4 the OTC Market still hasn't been updated again... it never will be, and the "mistake" was never a mistake at all.
Of course, best case scenario here is that it is fixed, and the increase of shares will only be another 10,000,000,000
Hell of a way to start things fresh! RSHN
Should call it shrimp scampi ... let me know when the billions of shares are reduced to created value.
First order of business ... MORE shares.
Wow. Another OTC fairy tale.
"Things are being built"
"It's happening very fast"
"Entering a robust market"
Nobody that's been here for any amount of time wanted to invest in a shrimp company. You were forced to because selling your shares would mean a heavy loss. So you're stuck. With a "system to deliver shrimp to people all over the world". A system that hasn't been constructed, marketed, tested, or proven. Basically a scaled down, portable version of what Natural Shrimp Company (Stock Symbol: SHMP) already does. They are also an OTC stock. Twenty-three years in this business and they are still bush league on the street. But hey, at least they have pictures of their facilities! You can actually see where the money is made. Now here comes RSHN now and they want to be the Dollar General of shrimp producers. lol
Shrimp
Who the fuck even eats shrimp? Five billion people are living on pennies a day. The rest consider shrimp a luxury, not a necessity. Anyone who is a devout Jew isn't even allowed to eat shrimp!
What a stupid idea. In a world full of possibilities this is what they landed on.
Hell, they are even ugly to look at
Farming/agriculture, new technologies, and sustainable food production have tremendous tax benefit, access to subsidies, grants, loans, resources, and other advantages both on the state and federal levels.
The key is the demonstration system being completed, tested, evaluated, marketed, and sold.
Seems like they are still utilizing land in Arizona for production still. But looking transition, market, and scale the patented system through RSHN as the next endeavor.
The idea is interesting. Execution has yet to be seen or determined. Very nice upgrade though for RSHN shareholders IMO.
Another shrimp scam coming right up.
RushNet Partners with Royal Caridea LLC Through an Exclusive Licensing Agreement to Revolutionize Sustainable Aquaculture
RushNet, Inc.
Thu, Mar 7, 2024, 6:00 AM EST3 min read
In This Article:
RSHN
-25.00%
Technology Platform Has Been Granted Patents in Over 40 Countries Including -- United States, Canada and Europe
Patents Include United States Patent 11,206,817, 11,617354 and Canadian Patent 2973601
PHOENIX, AZ / ACCESSWIRE / March 7, 2024 / RushNet, Inc (OTC PINK:RSHN), (the "Company") announced today that it has executed a strategic license agreement with Royal Caridea LLC, granting RushNet exclusive rights to its technology platform for the United States and Canadian markets. Royal Caridea LLC is completing a demonstration facility in Gila Bend, Arizona which sits on 72 acres, approximately 68 miles southwest of Phoenix, Arizona.
The Royal Caridea technology platform empowers individuals to cultivate and harvest aquaculture species such as shrimp from virtually anywhere in the world. Boasting characteristics of low production costs, easy installation, full integration, and modularity -growing shrimp close to its customers virtually on a daily basis, each production system can seamlessly scale from 300 thousand pounds per year to an impressive 2 million pounds per year. With a fully enclosed sealed design, it minimizes heat loss and facilities corrosion while maintaining robust biosecurity measures, the system adheres to stringent operating protocols, guaranteeing optimal performance and efficiency.
The following table depicts the description of the patent, the patent number and a link to the patents which are included in the license agreement.
Description
Patent No.
Google Link
Multi-phasic Integrated
Super-intensive
Shrimp Production System
11,206,817
https://patents.google.com/patent/US11206817B2
Multi-phasic Integrated
Super-intensive
Modular System
11,617,354
https://patents.google.com/patent/US11617354B2
Multi-phasic Integrated
Super-intensive
Shrimp Production System
CA 2973601
https://patents.google.com/patent/CA2973601A1
With a relentless dedication to environmental stewardship, Royal Caridea has invested substantial resources in research and development to create a proprietary technology that addresses the pressing challenges facing the aquaculture sector. Leveraging advanced engineering and scientific expertise, Royal Caridea proprietary technology promises to enhance productivity while minimizing environmental impact - it is sustainable!
Royal Caridea LLC, an Arizona-based limited liability company, was established in 2009 under the laws of the state of Delaware and Arizona. The company has successfully secured over $8,000,000 in funding from a discerning group of accredited investors from both the United States and Europe. The company's business strategy is substantiated by a $2.7M loan granted by the United States Department of Agriculture (USDA) in 2020, underscoring the credibility of its operations. Royal Caridea LLC believes it has developed the world's premier aquaculture technology production system.
This is a start. But simply taking over a bankrupted ticker and signing a deal with yourself hasn't boosted any confidence. As shown with the reaction today from the market.
Next steps would be an update on the facility. The PR stated it was being built but doesn't sound like it is completed.
Shrimp harvesting takes about 12 weeks in an optimal environment. So completion and the first harvest to "demonstrate" to potential clients is still several months away.
It seems like they have been doing this for some time. How they were producing shrimp before and how they will be doing it in the future (using this new method they want to license) remains unclear.
If they are transitioning to this new patented production method and using RSHN in an attempt to license the technology to clients without having demonstrated how successful it is...there is still a long road ahead.
Pictures of the facility. The equipment. The harvest production. A licensing agreement with a client....those items would get this going. Bonuses would be what a client would need to get started (capital) annual estimated operating costs, production projections, and forecasted margins to show "it makes sense" and clients will indeed be interested would also be beneficial.
But at least RSHN shareholders know what to expect in the years to come. I wouldn't expect any rapid increase in shareholder value until you get some meat and potatoes on the details and some business lined up.
Sounds interesting though. Neat concept.
🤔
wonder if its tied to this co ?????
Our teams are working on finalizing an agreement over the weekend for a next weeks press release. $GRPS
— Trans American Aquaculture (@TransAmAqua) March 7, 2024
August ‘23 they updated features and increased posts for free users from 15 to 30.
https://medium.com/advfn/ihub-releases-site-updates-and-new-community-guidelines-for-its-active-trader-userbase-7022ae8a3eac
If they're getting into the shrimping business, why don't they take down that ridiculous webpage that advertises pixel advertisements?
You'd think that would be the first move. To, you know, avoid confusion.
Amateur hour.
Wow. A partnership? No details of partnership either? Must not be noteworthy. They will eventually 'acquire' Royal Caridea for an absurd amount of shares(hence the AS raise) where Cuhna(Royal Caridea) pays Cuhna(RSHN) & associates. Its another family owned and operated flopshop where retail can win alittle, before the management wins alot. 0001/0002 loadzone.
A while back no reverse split
Wonder about reverse split
A lot of shares outstanding and lots of debts
A while back sold drinks, not sure if doing now
Had a nice run a few years, knew this company many years
$RSHN RushNet Partners with Royal Caridea LLC Through an Exclusive Licensing Agreement to Revolutionize Sustainable Aquaculture
https://www.accesswire.com/840137/rushnet-partners-with-royal-caridea-llc-through-an-exclusive-licensing-agreement-to-revolutionize-sustainable-aquaculture
Technology Platform Has Been Granted Patents in Over 40 Countries Including -- United States, Canada and Europe
Patents Include United States Patent 11,206,817, 11,617354 and Canadian Patent 2973601
PHOENIX, AZ / ACCESSWIRE / March 7, 2024 / RushNet, Inc (OTC PINK:RSHN), (the "Company") announced today that it has executed a strategic license agreement with Royal Caridea LLC, granting RushNet exclusive rights to its technology platform for the United States and Canadian markets. Royal Caridea LLC is completing a demonstration facility in Gila Bend, Arizona which sits on 72 acres, approximately 68 miles southwest of Phoenix, Arizona.
The Royal Caridea technology platform empowers individuals to cultivate and harvest aquaculture species such as shrimp from virtually anywhere in the world. Boasting characteristics of low production costs, easy installation, full integration, and modularity -growing shrimp close to its customers virtually on a daily basis, each production system can seamlessly scale from 300 thousand pounds per year to an impressive 2 million pounds per year. With a fully enclosed sealed design, it minimizes heat loss and facilities corrosion while maintaining robust biosecurity measures, the system adheres to stringent operating protocols, guaranteeing optimal performance and efficiency.
With a relentless dedication to environmental stewardship, Royal Caridea has invested substantial resources in research and development to create a proprietary technology that addresses the pressing challenges facing the aquaculture sector. Leveraging advanced engineering and scientific expertise, Royal Caridea proprietary technology promises to enhance productivity while minimizing environmental impact - it is sustainable!
Royal Caridea LLC, an Arizona-based limited liability company, was established in 2009 under the laws of the state of Delaware and Arizona. The company has successfully secured over $8,000,000 in funding from a discerning group of accredited investors from both the United States and Europe. The company's business strategy is substantiated by a $2.7M loan granted by the United States Department of Agriculture (USDA) in 2020, underscoring the credibility of its operations. Royal Caridea LLC believes it has developed the world's premier aquaculture technology production system.
Mr. Cunha, the recently appointed Chairman and Chief Executive Officer of RushNet commented, "RushNet's goal is to work closely with Royal Caridea to introduce this technology platform to the United States and Canadian markets. We believe that Royal Caridea's system will be disruptive to the North America aquaculture markets. The system has been designed to supply a fresh supply of shrimp to any local market almost anywhere in the world."
question about free membership posts- how many are you allowed per day?
looks like the shrimp venture is accurate
There is a real revival coming $RSHN
— RushNet Revival (@rushnetrevival) March 7, 2024
Our main US competitor is $SHMP. We believe we are in a far superior position $RSHN
— RushNet Revival (@rushnetrevival) March 7, 2024
The North America Shrimp Market size is estimated at 10.34 billion USD in 2024
The retail price range for US shrimps & prawns is between US$ 9.55 and US$ 19.10 per kilogram or between US$ 4.33 and US$ 8.66 per pound(lb).
Shrimp held the top spot of the most-consumed species, with each American eating 5.9 pounds of shrimp per person on average – a 0.90 pound increase over 2020.
Shrimp is the most valuable traded marine product in the world today. In 2005, farmed shrimp was a 10.6 billion industry. Today, production is growing at an approximate rate of 10 percent annually—one of the highest growth rates in aquaculture.
The U.S. market for shrimp is almost insatiable. The argument can be made that if you farm-raise the animals closer to the big markets, you’ll eliminate the carbon footprint from global shipping and can deliver a fresh product to these local markets. There are a lot of people trying to do that – but to date, very few of them have cracked the code of how to do that and scale it.
🤔
I appreciate the transparency as well. However, I'm already exhausted from the rekindled bantering between AS and others here, as I don't think that's helped the stock much in the past and likely won't help in the future either. Don't lose sight of candor and kindness, AS, as there is a higher power always watching.
I am in the minority, but I wholeheartedly welcome posts from Ashley. As a private business owner myself, I understand the challenges it brings. Most people fail in having their own business, but the people I talk to or work with, learned valuable lessons along the way.
I embrace constructive input from current and past business owners, especially from people who gave it a shot at a publicly traded company. I will take their wisdom learned all day every day whether others may feel they offer nothing. Sure AS may have failed, but from some of his posts, he clearly learned some things. I won't be blind enough to miss things due to any resentment some may have.
The stock market is a huge casino. The OTC is where some of the biggest wagers are played. If you feel you missed out on life long wealth from an OTC investment, then you may want to take a deeper dive next time doing your DD. There's a reason less than 1% of the OTC companies out there ever amount to anything of substance.
In 2023 it appears from bankruptcy filings and lawsuits filed that RSHN/HeliosDx was taking out loans from several finance companies (possibly factoring AR) in multiple states.
By June/July 2023 they were filing lawsuits on merits of default and breach of contract. Meaning payments stopped quite a bit earlier, possibly as early as Q1. The loans were being initiated then or well before that, and 400M shares were sold at .0001 in 2022.
It wasn't until September 2023 an announcement was made of their demise.
During that entire year and until the very end, reassurance to investors in RSHN persisted through endless posts on Twitter spreading optimism and a bright future.
End result: .0001/share. Bankrupt.
It's beyond comprehension anyone would welcome or invite conversation from the one responsible.
Based on the "grab for cash" timeline and lawsuits filed, there were big issues long before regulation changes and loss of revenue.
Creditors are to this day still trying to claw back what was given to RSHN/HeliosDx.
Horrible.
Do you need arrested?
I think so.
Nothing else in comment is relevant.
Does it bring back money we ALL lost? Nope
No whining sir. I am quite aware of the last three years. I am very aware of the rise and fall that was experienced. The company grew from 2M to over 6M in 2 years, and then lost 3.5 to 4M overnight. I lose sleep over it often. What could I have done different? How? Why? I ask the "what if's" to myself daily. When you bill insurance and have ZERO control of the billing regulations, you know this is always a possibility. But it is not an excuse
Here's why I will be successful and bounce right back - I don't hide from my failures. I don't run from people like you, Huggy, Peter. I look at my mistake and analyze them. I certainly am not scared to take a risk. I failed, the company failed, and I am standing right here right now not hiding or dodging. Does it fix anything? Nope! Does it bring back money we ALL lost? Nope
If you can be a man when things are going well, you sure hell better be a man when in the fire. So say what you will, take your best shots.. I will keep working, learning and swinging. Most importantly, I will keep standing...
Let’s not digress about killing the stock run “organically” then fighting with the dude promoting it.
Well, at least these keyboard warriors are not responsible for millions of dollars of lost capital. RSHN
You do digress. You digress every time someone calls you out. You can't help yourself.
If only you had been that reliable in your business acumen! Instead of all these petty flame wars that you say are unwarranted but every single day that goes by without news, improvement, success, new revenue, sales or achievement proves that they are very much warranted. You made hundreds of pie-in-the-sky promises and after having failed to deliver on any of them now you're untrusted and unproven. You stepped into the ring and now you want to whine about everyone that throws a punch.
But I digress.
Do you need a hug? The only CON going on here are you IHUB keyboard warriors talking crap with no recourse. But I digress...
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