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Is there rumors news here???
NICE-- sitting on some dusty shares-- good to see some vol!
grabbed some today.
"Well, I have not posted since transition. The account(s) were turned over. The only thing posted by me (previously) is what was asked to be posted. Period." -Ashley Sweat
Saying things and doing another. Classic. Yet today @hdxlabs Sweats old defunct fail of a company twitter account just posted "Want Data? Best growth rates in the industry" with a link attached to it. There was also a couple posts previously, even though he doesnt post apparently. Sweat has around 400+ million shares to dump when preferred gets converted...cant wait for my position to get blown up.
Ok so now there into shrimp growing.
Want Data? Best growth rates in the industry. $RSHN @rushnetrevival https://t.co/K7jipwbXu5 pic.twitter.com/kN8lQm2L6h
— Royal Caridea (@RoyalCarideallc) March 18, 2024
$RSHN RushNet Licensing Partner Royal Caridea Achieves the Fastest Shrimp Growth Rate in the Aquaculture Industry Reaching 42 Grams in 90 Days
https://www.accesswire.com/843655/rushnet-licensing-partner-royal-caridea-achieves-the-fastest-shrimp-growth-rate-in-the-aquaculture-industry-reaching-42-grams-in-90-days
PHOENIX, AZ / ACCESSWIRE / March 18, 2024 / RushNet, Inc (OTC PINK:RSHN) proudly announced today that Fuel Tech, Inc. of Warrenville, IL, has published a white paper detailing the successful trial at Royal Caridea's Gila Bend, Arizona facility suggesting that the use of Fuel Tech's DGI® Dissolved Gas Infusion Gas Infusion technology can dramatically increase total shrimp production compared with traditional aeration methods.
For a copy of the white paper, please click on the following link: https://bit.ly/FuelTechDGITrialWP
The trial included the use of Fuel Tech's DGI® technology as a critical component of Royal Caridea's water treatment process and resulted in the impressive growth of shrimp to 42 grams in just 90 days. This outcome demonstrated the significant potential of Fuel Tech's innovative technology to revolutionize the aquaculture industry.
Royal Caridea's aquaculture production technology is unique compared to other shrimp growers because of aeration by dissolved gas infusion, biology-free water reprocessing, and its 90-day benchmark. Notably, Royal Caridea is not solely producing extra-large and jumbo shrimp; its system produces 4 cycles per year using an eight stacked raceway system (SRS) based on this 90-day production cycle. This system enables rapid growth rates and low cost of goods sold, which gives Royal Caridea the potential to make their wholesale and retail pricing highly competitive for a largely unmet market of fresh never frozen and live shrimp. In contrast, outdoor producers in Texas usually target only 2 cycles within a year, and no known producer completes 3 or more harvests in a single year. The Royal Caridea system can provide fresh never frozen shrimp daily.
As previously announced, RushNet has recently signed an exclusive licensing agreement for the United States and Canada, giving them the rights to the Royal Caridea technology. Royal Caridea LLC is a limited liability company based in Arizona, established in 2009 under the laws of the state of Delaware and Arizona. The company has secured over $8 million in funding from accredited investors in both the United States and Europe and has received a significant loan from the United States Department of Aquaculture ($2.7 million USD) in 2020, which adds to its credibility. Royal Caridea LLC claims to have developed the world's leading aquaculture technology production system.
Mr. Cunha, who was recently appointed as Chairman and CEO of RushNet, said, "We are pleased to announce these growth rates. When a Royal Caridea aquaculture application had the need for an oxygenation process, we were pleased to have the opportunity to work with Fuel Tech as our collaborative partner."
The water treatment system for the Royal Caridea stacked raceway using the DGI® technology allows for a dissolved oxygen (DO) set point to be independently established for each raceway. As the oxygen demand increases, additional oxygen is infused to maintain a steady DO level. Since the aeration is done using a dissolved oxygen system, oxygen is immediately available, minimal oxygen loss occurs due to bubbling off and the shrimp are provided with a consent level of oxygen to enhance shrimp growth. Using the DGI® system, it was demonstrated that the DO could be maintained at levels well beyond those achievable with other systems. Shrimp grew rapidly, and their size and color were closely matched, with no signs of stress observed. The outgrowth was carried out at DO levels ranging from 9.5mg/L to 11.5mg/L.
Mr. Cunha emphasized the importance of carefully controlling all the parameters of the system to grow shrimp on an economic basis almost anywhere in the world. He also stressed the need to carefully distribute and monitor oxygen levels within the system, which is often overlooked. Fuel Tech's DGI® technology proved to be highly effective, and it is expected to be installed at every location in the United States and Canada where the Royal Caridea technology is used.
“How high?” That’s the question. In other words, when does one take profits and be thankful? The alternative is to be greedy and wait too long.
Its going to get a run for sure, like Sweat said "how high? who knows, we shall see." My guess is he wants .002(his issuance price value). He knows the game. Then 240million commons + preferred series B converted into commons (6 for 1=192m he currently holds, will prob go down in upcoming filing) after the change of control, is most likely going to wack that bid faster than Americans on cyber Monday, court cases arent cheap.
The last hoorah and a fuck you to the shareholders on the way out the door, the question is.... will RSHN have the eyes and buying pressure to withstand when it happens? Most likely the CEO(whoever it is) will get blamed when it does. I do hope I am wrong about all of this and someone can finally win here.
Once again…that’s not the point here in the pinks.
You go ahead and keep looking for that needle in a haystack…that might not even exist. Collect all those airline miles visiting all those shrimp facilities.
Meanwhile, I’ll buy my lottery tickets and see what happens.
You bought SHMP and bailed shortly after. I bought RSHN (and SHMP and GRPS). Ride or die.
Thankfully…for me…your presence here only adds to the appearance that there might be something to the RSHN “story”.
Then why did you buy? And why did you bail so quickly?
Apparently, the real use for the OTC escapes you. And RSHN might just be another example.
You’ll get no argument from me on those points.
In the meanwhile, people will run with the stories. Their exuberance could be my profits. Or not.
He has never visited any shrimp growing facility in North America. Knows nothing about them.
Sir I knew more about OTC stocks 30 years ago than you know now. I am known as the teacher on YOUR SHRIMP board
Online articles state that aquaculture has started to pop up in many states over the last several years in the United States. To date, it has yet to be scaled successfully.
It appears their new platform shows promise with the amount raised, grants/loans received, and the resources used to acquire the patents to protect their discoveries.
Only time will tell...
We’re talking OTC here. How’d all that DD work out for you with SHMP? You bought and bailed.
When are you going to learn that these are “story” stocks down here? RSHN is one of them. Decent opportunity for a flip. But I’m not a pumper.
At least SHMP could fantasize about building facilities anywhere and everyone.
That won’t work with RSHN…or GRSP.
I’m not perpetuating any hint that there’s something here that deserves extensive DD.
Our partners recent patent award. $RSHNhttps://t.co/cKZtBixn8n)
— RushNet Revival (@rushnetrevival) March 15, 2024
We are building fully protectable IP.
Joshy just curious what your goal is. I've seen you posting on the SHMP board for years with not one positive message in 5 years. Now when you know nothing about these guys, you are an expert. Have you ever even attempted to call the contact information at the bottom of the release? No? Do you know anything about Attaraya? No. Rocky Mountain Shrimp? No. Tru Shrimp? No. Sun Shrimp? No. However, you are an expert. Interesting.
Have you done a survey of the other publicly-traded aquaculture companies with “patented” processes? You might be surprised at the apparent lack of success. Maybe RSHN will be different?
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.
Shrimp by volume is far and away the leader in seafood consumption globally. With their small size, this patented platform can be marketed and sold for local distribution.
If it can me done with shrimp, what about crabs, lobsters, clams, mussles...?
The idea is interesting. Execution has yet to be seen or determined. A very nice upgrade though for RSHN shareholders IMO.
The market and investors are beginning to agree.
My 2's lookin good here today!
Their competitor Attaraya has less and has raised capital at valuations of well north of $50 million.
I can tell, LOL
They released some videos they made two years ago. Heck, by March of 2026 they should be all caught up!
Of course, by that time MC will have realized the same thing that Ashley realized that this is a dead, money pit ticker with no future. At which point they'll appoint a new CEO and a whole new story can unfold. Maybe next they'll be in the online gaming business? Such exciting times we live in!
JOSSIE, their gittin ready for the big run!!!
lol I think most shareholders would settle for a few words from the company. I've seen this play out too many times already with other OTC's. Raise the outstanding share count, and then start diluting. IMO, nothing good is going to come to shareholders anytime soon. The only "revival" is them spinning off to a new industry, and lowering shareholder value. Gottta love the OTC....smh
🩸🩸A FALCONISH *Rush* is coming to RSHN?:
What are your thoughts about this?
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 ?
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.
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