RushNet Inc (RSHN)

[Penny Grabber]

Nothing will happen until Q2. There is no point showing any activity this quarter to spend extra time on the filings reporting all the moving parts.

Only paperwork and getting ready for Q2 at the very earliest.

It will be interesting to see if par value on the common will remain set at .001 vs .0001 not sure if that is an error as well, since they mistakenly filed 95B v 19B on the authorized shares.

If that is the case, that is the lowest value that can be assigned to shares distributed by the company. That is over a 3x from current levels.

That is a key # to pay attention too.

Any shares received at .001 could still be sold into a bid at market regardless of the bid, but that doesn't seem very logical for new investors acquiring, paying for, or accepting shares at .001

If .0001 is assigned in an amendment with the revised authorized, that will not be the case and any sale above .0001 would represent a profit.

However, showing a change in ownership in filings is a start. Simply saying it is one thing. Seeing it documented is another.

Obviously, interested parties see an opportunity here. Exactly what that is has yet to be determined. Regardless, they are looking to capitalize on it. How exactly they do that is questionable (dilution, on the back of existing shareholders, operating as a shell, reverse merger, building shareholder equity, acquisitions for shares, and so on).

The public markets and investors are not convinced. The ticker remains at 25 year lows with no movement to the upside. Only some interest and some buying would show otherwise. A jump in stock price to reflect optimism from the street it has indeed turned the corner and there is at least a chance of success is required.

Until then, and as of now, it is still a dead ticker with little to no liquidity and a shady past.

Still horrible

Just not so much (by very little but it counts)

Q2 will be very telling...

[ACK13]

Oh ... Good. I mean 9 Billion shares is stupid. 95 Billion was just full retard. But 19 Billion tricks you into thinking hey at least they didn't go ... well, you know.

[2way4220]

Will do. I’ll grab my popcorn😀

[2way4220]

Well now it’s ONLY 19 billion

There was an error on our Articles of Incorporation in Colorado in which 95,000,000,000 authorized shares was placed on an amended AOC filing. That is being amended to 19,132,000,000. The 95 billion is not correct.

— RushNet Revival (@rushnetrevival) February 29, 2024

[retired early]

95,000,000,000 X .0000 = 0

[nooneuser23]

I would encourage you to let things transpire and give Mr. Cunha an opportunity. I am here as an investor and have faith when things begin to unravel things wont look so bleak.

[2way4220]

Do you want to explain the 95 BILLION?

[BasedOnFeels]

Welp.. now we know the reason for the no Reverse Split talk, just raise the AS 10x.
95billion AS is insane. Going to be a tough road.
I tried to reach out to Royal Caridea days ago as well, when I saw Sweat had filed for Principle Address change, but still no response.

Their management is actually pretty strong, but never running a pubco seems to be showing here.
Shareholders cant rapidly increase their value if their value is diminished before the feet touch the ground.

Ill be on the 0001's.. maybe the 2's if they send me a picture with all their dry ponds(18 of them, though they claim to be doing away with them eventually) with water and more than 1 indoor facility for their GEN 2 pilot. There are February 2024 pictures on google maps showing some metal containers and a brand new structure built, if youre curious to see the land they are operating on.

I am also going to assume by this massive change they are gearing up for some kind of Reg A offering once they get all sorted paperwork wise. Royal Caridea has participated in crowdfunding for many years now. Also was awarded an USDA backed agriculture development loan of $2.2million from a now bought up North Avenue Capital in 2020
.
Youll probably see a similar engagement plan when they present themselves..... https://www.royalcaridea.com/wp-content/uploads/2022/05/01-RC-Executive-Summary-FINAL-05-02-2022.pdf
Guess we will see in the coming weeks how much the market has dis/interest in the new tech shrimp company. Good luck to all.

[pickthemright]

Your the one out of control lol

[JoseyWales88]

You're a wordsmith!


I do have the advantage of having never once bankrupted myself or the companies I've owned.


Anyway, I thought you were gone? Handed over the reins. Let the new management take over. Shouldn't my comments be THEIR problem, now?





You just can't help yourself, can ya mister. Yer outta control!



lol

[Penny Grabber]

Says: Rapidly increase shareholder value
Does: Authorizes 84B more shares

🤣

[BadaBingPebble]

I'm sure not feeling any "shareholder value" now. Mr. Cunha is smart alright, and now us faithful get bent over even more than we already have been. The recent filing is proof he has zero intentions of creating shareholder value anytime soon. We sit at trip zero's for years now unfortunately. Doesn't seem like we are in good hands whatsoever. There's simply no way to spin this into a positive....smh

[andebais]

What more do you expect from beer money flippers like Billy, Josey, Penny and the rest of the gang HA HA

[nooneuser23]

Dumb

[nooneuser23]

Now that I am no longer with the company I can speak out.

What you wrote is just DUMB…

[Penny Grabber]

A total disaster on Day 1.

"RAPIDLY INCREASE SHAREHOLDER VALUE"

2 weeks later...

Authorize a 10X on authorized shares to wipe out all current holders.

Hysterical.

[JoseyWales88]

Some laughed. But the shareholders should have been first in line to be made whole again when this scam first became apparent. Not the attorneys and the lenders who were in on it.


Class Action Against HeliosDx operating as RSHN

[JoseyWales88]

Now you know why Ashley stopped by to pen his final love letter. Didn't want to hang around when the big news of dilution came out!


Funny how there was no tweet, comment or official PR for this interesting bit of news that is going to directly affect share price negatively. There he is, the new management come to eat up all your shareholder value! He likes it, hey Mikey!








LMAO!

[Penny Grabber]

95,000,000,000

So this ticker isn't going any where for a very long time. Shares will be issued to and for:

1. Management
2. Employees
3. Services
4. Cash
5. Acquisitions
6. Debt extinguishment

All RSHN shareholders currently will see their ownership % drop off a cliff as they issue these shares to whomever they feel fit.

Not until they are all divided up and everyone has their shares will this begin to move so they can be dumped on the market.

They sure did find a great guy to hand this over too! First day of business....line up 10s of billions in dilution to wipe out shareholders completely!

Horrible.

[2way4220]

95 BILLION? Did Goulding change his name to Cunja?

[JoseyWales88]

Ouch



No wonder the new guy didn't want to get too cozy with shareholders. No need to get on a first name basis with the sheep on the slaughter line!




lol

[Penny Grabber]

First filing increases shares authorized to 95 billion.

On day 1 a massive slap in the face to every RSHN shareholder.

Reducing their ownership potentially by 90% with MASSIVE DILUTION.

If you thought 9B was a horrible share structure, they plan to issue themselves 10s of billions and sell 10s of billions more.

Are you sure 95B will be enough? Why not 1 trillion?

Absolutely horrible.

[2way4220]

https://www.coloradosos.gov/biz/ViewImage.do?masterFileId=20181768333&fileId=20241252011

[BasedOnFeels]

Actually as you posted this, they did have a filing hit.
https://www.coloradosos.gov/biz/CertificationViewer.do?masterFileId=20181768333&fileId=20241252011&certId=15796920&nameTyp=ENT

[Penny Grabber]

There is no incentive from a monetary standpoint for a "Rapid increase in shareholder value" at this time for management.

The share structure is essentially maxed out. So shares in quantity are not available for the acquiring party to benefit from a "Rapid increase in Shareholder Value."

It is presumed the preferred shares were transferred (voting, convertible), and possibly a portion of common.

But to drive the common share price at this time when "management" owns very little, if any...there is no incentive.

This will stay near 25 year lows for some time while they accumulate at or near the levels old management left it.

.0001

Horrible

[Penny Grabber]

There has been no filings on the state level or SEC level supporting the change in ownership claim.

There has also been no PR statements or acknowledgement from another party.

[JoseyWales88]

So you're telling us you turned the social media accounts over to them, but they require that YOU post their words for them.


To their accounts. As if they were you.


Right! 🤡




Horrible liar

[SINCERELY2]

Proud you are here with us as a stockholder. GO $RSHN!

[Penny Grabber]

Oh geez...

It's like the ex girlfriend you can never get rid of...

[pickthemright]

Will thanks again

[nooneuser23]

Look, anything posted was either by them or their words given for me to post. Period!

Honestly, it doesn’t matter. I’m not going down a rabbit hole with you.

[JoseyWales88]

Liar! You tweeted that new management took over February 16, and you've had three posts in one day on February 20th alone. Announcing everything from "no plans of a RS" to unveiling the vague plan for the"patented technology platform" which is supposedly the next great thing.

Been doing the same thing over on your personal @HDxLabs account. Retweeting everything you tweet on the @rushnetrevival page.



What a liar you are. A liar, a cheat and a quitter.



I'd say good riddance if your leaving was actually true. But we know that's part of the grift.

[nooneuser23]

I can’t comment on their plans, but I can comment on Mr. Cunha. This transition takes time. I am confident when the time is right we will get a nice little update from our CEO.

[nooneuser23]

Thank you, stay tuned.

[nooneuser23]

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.

[nooneuser23]

Fair enough, you’ll notice HDx Labs account has been quiet. You are 100% correct, let’s let this new leadership do their thing. All we ALL can do now is support or get off the wagon. Appreciate the comment.

[BadaBingPebble]

I appreciate the post and transparency Ashley. I'm sure Mr. Cunha is a smart guy, but so far color me unimpressed. It's not that difficult to provide a small update to shareholders, or provide a brief introduction. Time will tell if his heart is in the right place, or just yet another OTC opportunist to fleece shareholders out of money.

Prior to the change you mentioned a "share trim" in one of your social media posts. Is the intention of that via a RS or a share BB?

[BasedOnFeels]

If you own shares like retail and have no involvement with Rushnet Inc anymore, respectfully... please Mr Ashley, quit tweeting from a bankrupt dead twitter @hdxlabs and tagging your old pubco like a mindless pumper. The followers you gained from that Twitter account over the years have seen enough. Its time to let the new management do their thing, on their timeline, organically. Thank you- Everyone.

Though you failed in this endeavor, I wish you the best in your next. At the end of the day we are all human, living and learning from our mistakes. Also appreciate you taking the time to post, as most CEO's(or ex) dont have the cajónes.

[JoseyWales88]

Doesn't SOUND like there's new management when every announcement is made by the same, tired, defeated person.

[Penny Grabber]

RAPID INCREASE IN SHAREHOLDER VALUE

That is going to be a great one to refer to.

Started out with a joke. I like that.

Horrible.

[nooneuser23]

You are actually wrong. Yes, the last attempt with Finra ended poorly. However, the reason is we ran out of money and could no longer continue the path. All the company has to do is complete an Audit and file to become a current reporting company with the SEC. Or do a reorganization in Delaware. Unfortunately, we just ran out of capital to do another audit and move this direction. If we would have been given the proper information early on we would have went this direction.

Secondly, I, (Ashley, AS, Sweaty Balls, Ash Hole, insert your pet name) is unequivocally no longer with Rushnet. I have shares like many of you. I don’t control twitter, stocktwits or any other social media for them.

The new leadership has a real opportunity to finish what was started. Mr. Cunha is a sharp brilliant guy. He is surrounded by talented people, and I believe will be successful. He already starts in a better place than we were three years ago. He at least knows the challenges.

I said on many occasions, I have a lot invested here and my focus switched from my own personal wants to finding the right person and/or company to take Rushnet to the next level. I did just that.

There are so many who know A LOT on these boards, but unfortunately don’t know the finer details with Rushnet, thus they actually know very little.

Thanks,

Ashley Sweat

[nooneuser23]

You are actually wrong. Yes, the last attempt with Finra ended poorly. However, the reason is we ran out of money and could no longer continue the path. All the company has to do is complete an Audit and file to become a current reporting company with the SEC. Or do a reorganization in Delaware. Unfortunately, we just ran out of capital to do another audit and move this direction. If we would have been given the proper information early on we would have went this direction.

Secondly, I, (Ashley, AS, Sweaty Balls, Ash Hole, insert your pet name) is unequivocally no longer with Rushnet. I have shares like many of you. I don’t control twitter, stocktwits or any other social media for them.

The new leadership has a real opportunity to finish what was started. Mr. Cunha is a sharp brilliant guy. He is surrounded by talented people, and I believe will be successful. He already starts in a better place than we were three years ago. He at least knows the challenges.

I said on many occasions, I have a lot invested here and my focus switched from my own personal wants to finding the right person and/or company to take Rushnet to the next level. I did just that.

There are so many who know A LOT on these boards, but unfortunately don’t know the finer details with Rushnet, thus they actually know very little.

Thanks,

Ashley Sweat

[BasedOnFeels]

You can invest all you want... I think I will just stick to trading 'son'. Its obvious you dont like making money, and if you do.. you wait years to do so for 10-25%. You act like DAQ,NYSE,AMEX dont dump either, they do. Ill take the 1000%+ W's in a day/week/month. "LMAO"

You usually like the banter(600+ times), but when someone has some counter points you cant refute, its like a lawn chair with a folding mechanism. You can usually tell when you have someone, instead of dialogue, they resort to name calling.

HMBL 0002-7.72 Let me know the percentage W of that one and 4 stocks I mentioned... Guess I should go trade NVDA at 2 trillion market cap right? "LMAO"

Since you find things odd here at RSHN, its odd someone who trades big boards only, continuously on the daily, offers financial advice on a trip stock. Very odd.

[andebais]

And thats why you post here incessantly ..HA HA

[JoseyWales88]

Those are your OTC picks? I don't even invest in OTC stocks but a quick look at them tells me you are into buying dogshit. HMBL? 😆 Dead for years with 22.5 billion shares.


LMAO



Son... these are acronyms you need to remember: NASDAQ. NYSE. AMEX. Reputable companies that trade on the big boy boards. Stocks you don't get trapped into and then can never sell out of because there isn't enough volume to cover your $1000 trade... LMAO

Ok? Enough said. Best of luck, Nancy.

[BasedOnFeels]

1) How did Goulding take a corporate action in selling to Sweat if 22 years ago there are missing documents, how did the previous management before them and before them? Make that make sense. Asking to spinout shares/dividend isnt something FINRA approves ever for OTC... I cannot remember a single successful spinoff for Pinks. Can you?

2) Empty shells close to delist/expert/ce? Empty shells are always close to those... thats why they call them shells, they have no revenue and are in and out of staying current, hence the 'risk' badge. I can give you hundreds of stocks that went from trips to pennies...with that same badge. I noticed you didnt give any retort to very very very low risk management.

3) Thank you.

4) You do actually. Offering people reasons to NOT buy something .....wait for it....is the same as offering reasons TO buy them... in reference to financial advice. What stocks do you own then? Or is that secret classified info?

5) You can still make the greatest amount of money in the OTC... Imagine that. I.E. IGPK PAOG OPTI SPZI to name a few. TSNP(HMBL) if you want the GOAT.<shrug>

[andebais]

Still working hard to get cheaper shares... bravo! HA HA

[JoseyWales88]

1.) Send you a link that proves that the missing documents from 22 years ago prevent corporate actions? What more do you need; you just laid the case out yourself. That's it. If you can't do one, you can't do any. They simply cannot get into compliance right now without providing the necessary information from the years that the Gouldings brothers were using this ticker for mail fraud. Sweat said it himself, it would require many more appeals and a ton more money to go back to the drawing board. He didn't have that money but apparently his mystery new management does. Is that sketchy, meaningless talk? Is the real money in announcing plans... but never taking action on them? Take that however you want.

2.) Very few stocks are on the precipice of being delisted. Even fewer are empty shells that have zero revenue. But this is one that nails both.

3.) Whatever.

4.) I don't offer financial advice.

5.) Thank you for once again proving my case.

[BasedOnFeels]

Number 1. Shoot me a link to said "FINRA decision" on all corporate actions for RSHN, other than the old PR that says they denied the spinoff of extra shares to hit the market because of a missing filing from 22 years ago? Not many spinoffs are ever approved in OTC. Meanwhile, they allow Sweat to take over Gouldings control block a couple years ago with no problems? They even changed the verbiage in the Purchase Agreement from Helios acquiring to Sweat acquiring.... allowed.

Number 2. You mean every stock has the ability to go up and down and be delisted or CE, no? Risk management. Seems like yours is set very very very low, and thats ok.

Number 3. Glad youre here to steer would-be investors away, there are more of the likes of ya on all the RM/purchase agreement stocks going crazy right now, always will be. Especially with the whole existence being to shit on the company(around 600+ times)

Number 4 . What OTC stocks do you recommend, if not RSHN?

Number 5. Its the OTC, they all suck.

[Penny Grabber]

RAPID.

Remember that...as the days...weeks...months go by. RAPID shareholder value increase.

To date since post:

-25%