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Have a nice weekend. Excellent post from prestige. Thank you for sharing that.
I remember at one time RG was talking about how they were going to put out instructional videos for all of the products and how to take them. Diamond cbd had some nice how-to videos for their products. (search diamond cbd videos) I'm sure RG and Sam Elias have that still in the works as we will need high quality marketing videos.
I like how they have brands for their product names, at least, but I would like to see a more focused company name soon.
Looking forward to next week's updates. We've been waiting almost 3 months for something new here. Something to keep in mind this has all been in the works for a long time and we're actually about to launch products - its quite exciting. The size of the contracts, and the reach of the distribution will tell us where we're going.
That was before the tweet I posted.
Here is another one where Ashley agrees that the wording is fine.
https://twitter.com/dx_helios/status/1403900932337905665
Case closed. Nothing needs to be updated.
That person was clutch in clarifying. I can't imagine how busy Ashley was that day. He just wanted to quell the storm of questions and said it would be updated. The persons clarification obviously made him read it again and its all good.
The ceo confirmed it doesn't need to be changed.
https://twitter.com/dx_helios/status/1403903271232802818
9.05 billion is the AGGREGATE of 9billion regular and 50 million preferred. Problem is people on twitter are quick to hound him, don't understand the word aggregate. It has been this amount forever. It was just typed differently by the attorney on this file.
Even though Ashley quickly admitted it might have been a clerical error (best thing to do is admit an error quick for positive public relations), nothing needs to be changed.
This is on the secretary of state document. Nothing that would effect OTC.
If we're going to go with that, then nearly 1/7th of the world traded RSHN in approx 1 hour this morning June 18th.
I wouldn't find it to be unreasonable if they were restricted for a short period of time since other companies do that sometimes. It seems like it would be more work to restrict them, more work for sharesholders with their brokers, and I think shareholders would be more interested in them being unrestricted right away. That's what we're here for - gain. It would create liquidity for those NON RSHN shareholders when the shares do begin trading - they will have to buy shares from an existing RSHN shareholder or Ashley Sweat if they want in on the opening bell of the day it starts trading.
Think about it. All of us here will own it tightly locked up and the price could be set around $10/share. It will open on the nasdaq and we set the ask high baby. There will be like 30-40 million shares the CEO is saying.
I'm intrigued
People, please read up on Tier 2 Reg A Offerings. Read up and understand that an audit of the entities is required to submit that form as well as conduct spinoffs. As soon as audits are done, that allows the company to begin filing applications such as the Form 1A, registering shares, finding brokers to handle the offering, etc etc. Probably looking at 30-60 days or more before we see an Offering Statement.
Until that, people need to understand that Helios entity is traded under RSHN until its not. Grandeza is coming in. Likely after, but technically could come in anytime. They should come in now, so that people know they already have all 3 companies. Helios is spun off, and then Grandeza is spun off, and then the original RSHN is left with the original SS (unless Ashley drops a MOAB and retires a few billion shares, which he could add to this craziness)
Upcoming Announcements expected (IMO)
Contract with Eden Labs to create the 'Plex product lines (3 products)
Contract with HoliHemp to create the CBG/CBN Gummies (3 products - 6 total ready?)
I want to know how much product we're talking.
Distribution update with AllStar Health.
I want to hear how much AllStar is going to pay GRPS. And how far and wide will they be sold?
From the AllStar financials - "AllStar Health has a number of representation agreements, where they are purchasing products from other
suppliers and retailing those products through the existing AllStar distribution network. They are selling Natural
Health Products''
I want to hear about how the Pre-Orders are going? How much did the company take in?
I really only want to hear about Dee-Money aka dolla signs when it comes to GRPS next week. ;)
You guys want a laugh? Knockout Punch trademark is still active. Floyd Mayweather can promote stocks starting around Sept. Sister company about to launch products next week. You don't think they can't still get a beverage up?
RSHN is our current ticker. Helios & Rushnet, Inc. (& Rush Merger Sub, Inc.) are the entities.
Currently, as per the OTC and COlorado SOS, we are Rushnet, Inc. right now.
Rushnet, Inc files the Form 1-A whereas it separates the Helios entity. The value that is growing right now is basically all Helios. The higher the RSHN price now, the higher the new price is going to be. $3+ dollars.
So you will have your RSHN shares as they are in your account, and you will magically have HELO (or whatever ticker finra gives them) shares show up in your account. 1 share for 1,000 held. not 1000 for 1.
Now we have two tickers. HELO and RSHN.
RSHN then merges with Grandeza Healthcare, a company with 1 million in revenue, already profitable. (Lots can happen here - share reduction furthering bolstering price, ticker change to reflect Grandeza, etc, etc. I'm sure Grandeza doesn't want a bloated SS either ;) Here is where news keeps coming in for RSHN
Then, another form 1-a spinoff comes and we get the old beverage company back (probably a new ticker unless its previously changed and RSHN is available again). This one has the least assets ($60,200). This is gonna be the cheap stock of the 3.
Here are my thoughts on this process. I can see how so many who are just riding the hype train may not understand this fully as incredible news. Longs who have been here have the best grasp on this, because talk of spinoffs and 1-As is nothing new here. We've been hammering out the possibilities for a long time.
Rushnet, Inc. and HeliosDX Merge, become current (any moment now).
Rushnet, Inc. files SEC Form 1-A Tier 2 Offering specifically Divvying 1 share of HeliosDX per 1,000 shares of RSHN Held
The Form 1-A will tell us that the shares have been registered and where it intends to trade and what price (presumably in dollars). HELO / LABS / HEDX are the ticker options Helios has said they are submitting to Finra on twitter. This could be the OTCQB or Nasdaq. Either one would be an uplist for the company.
1,000,0000 shares = 1,000 shares of Helios DX (we will know the amount when the Form 1-A is posted)
These 1,000 shares would appear magically in your account without any action needed. The form 1-a will also give you the option to purchase more as stated at the discount.
Those holding RSHN shares at the time of dividend date will be sole majority owners of HeliosDX. Mr Sweat will only own 5%. If you are not an RSHN shareholder, you will not be able to own HeliosDX unless a RSHN shareholder sells you the shares on the day it starts trading!
We will hold Rushnet, Inc and the ticker RSHN still. Which acquires and merges with Grandeza Health Consultants and continues as RSHN until they perform a ticker change. Grandeza is already profitable with revenues over a million in the first year (more significant than the original rshn).
At that point time, we may see the old old Rushnet, Inc written off, acquired by GRPS, or divvy'd again, and where we could get 3 tickers out of this. There are $60,200 in JV investments still in the mix.
All my opinion!
$RSHN
Holy moly! Awesome news. My guess was mostly correct!
Good luck to all RSHNers
Amazing how beautiful just a few ticks up looks on our $GRPS. Priming the engine are we for next week?
From GRPS Tweets
$GRPS We are committed to quality, which is why we contracted with the best in the business—Eden Labs to help make PAINPLEX, ENERGYPLEX, and INFLAMMAPLEX a reality. What's unique about Eden is their ability to extract properly (ethanol extraction at specific ratios).
— @grpsinc (@grpsinc) June 16, 2021
The Rushnet, Inc. entity has $60,200 in assets as investments into JV's, so the old rushnet is not completely gone away or irrelevant. Yes, Helios and Sweat are at the helm of everything under RSHN, but I would not consider the Rushnet, Inc. entity vanished. IMO.
If Helios and Goulding want to PR that the old Rushnet is vanished, then I will accept it. Until then, I expect to own shares in two companies at some point.
That’s a sweet update! Thanks for compiling the tweets for us!
I can’t wait for next weeks PR campaign. Have a great day $GRPS
Not to mention this isn't even current. There are some who can not yet buy, and now will have to buy over a penny. We could be current for tomorrow morning's open. When so, there will be more buyers and no change in supply of shares, which means we will continue to go up.
$RSHN
https://twitter.com/dx_helios/status/1404872636648284163?s=21
“@dx_helios is proud to share verb.tech/life-sciences scroll to the bottom.
$RSHN $verb @VerbTech_Co”
Ladies and gentlemen, RSHN Airlines welcomes you to Pennyland. The local time is 1:00pm. For your safety and the safety of those around you, please remain calm with your seat belt fastened, and shares held tight as we will be executing a touch and go further into Pennyland. We hope you have enjoyed the first leg of your flight, and we hope you continue to fly with us to Maui at RSHN.
#nasdaq company.......
What are the rules to be listed on NASDAQ? To be listed on the NASDAQ exchange and reporting system, the following requirements:
Shareholders Equity of at least $2,000,000
At least 100,000 shares of public float
A minimum of 300+ shareholders
Total assets of $4,000,000
At least two market makers
$3 minimum bid price of the company stock
Public float market value of $1,000,000
https://investmentbank.com/nasdaq-listing-requirements/
Hey Pure, Thank you for shouting it out. I have no problem with you doing that. This board is as public as can be. Its good and I'm happy to see it opening people's minds. I mean it really helps to discuss these possibilities as shareholders. These types of transactions are very complicated.
Andebais, you summed up my thoughts very nicely and thank you both for the kind words. Much appreciated.
The fact that there are audits being done on both entities tells me there is an SEC sanctioned spin-off comping one way or another, in my opinion.
If you have been paying attention to the sister company too, then you have known that this type of transaction is what was coming anyway into Goulding's extended vision. RSHN is basically an arm of GRPS and they ought to merge themselves after all this.
https://www.grpsinc.com/why-partner-with-us/
Advantages of our partnership to cannabis cultivation, manufacturing, retail, and/or ancillary businesses:
- Access to capital. And access can be repeated as necessary.
- Alternative income in the form of public company stock and associated income tax advantages, transforming ordinary income into long-term capital gains.
- Income increases exponentially as company stock value is many times the amount of that income.
- Currently, cannabis stocks are trading at high multipliers. At recent 30X revenue multipliers for example, a company earning, $10,000,000 in revenues (not net income), would on the average enjoy a market capitalization of $300,000,000! Effectively, we want participating companies to enjoy that unique market anomaly.
- Unique staff of cultivation specialists, extraction experts, physicians, and formulators.
- Trucking logistics – GreatRateFreight, to reduce the cost of transporting product. Decreases costs to consumer. Increases profits to participating companies. This is crucial now that CBD can be transported legally across state lines.
- Unique Marketing technology and platform to foster growth and awareness and increase profits. (Conx2share) <----sister company gave shares to Verville of Conx2Share per last report.
- A physician network. A unique platform that enhances physicians’ ability to utilize unique CBD formulations and profit from it while delivering better patient care. Incorporates payment processing without charges. <----Verb
- Access to product development and our unique nutraceutical/cbd formulations.
- Expert SEC and legal consulting.
- Access to a 40,000+ shareholder base. <---Helios comes in to an already massively followed stock.
- Access to our lobbying team and possible grants for qualifying entities.
- Within the confines of the public company, the participant will have total operational autonomy and total checkbook control of its own operations.
- The participant will have the right to spinoff and become its own freestanding public company. And we will help guide them all the way.
That's interesting. That would make it plausible that we will be current at open tomorrow?
"Voice mail from Fidelity - can't buy until tomorrow."
What are some of the options that the company has to pull that OS without a R/S? Or better yet for discussion purposes, what are some opinions on how that would take place?
Could they essentially spin off HeliosDx instead of Rushnet, Inc with a SEC Form 10 Spin-Off where they set the new capital structure, register with the SEC, and register with an exchange to trade with its new ticker, etc., and then all existing RSHN shareholders get a ratio of new Helios shares per share of RSHN. Such as 1 share for every 1,000. That would be how RSHN shareholders WIN. We would have the same structure and same company, but rshn shareholders will be the sole owners of the newly registered, low float stock.
I have been reading up on Spin-Offs. Lots of information out there to learn about some of the ways this could play out.
Curious to hear some others thoughts? This is truly a unique situation for a stock that has a massive following.
The filing that someone is bugging him about is the Colorado articles of amendment which reads:
"Authorized Shares. The aggregate number of shares which the Corporation shall have authority to issue is nine billion fifty million (9,050,000,000) shares, consisting of two classes of stock. The first class shall be designated “Common Stock”, par value $0.0001 per share, and the second class shall be designated “Series A Preferred Stock”, par value $0.0001 per share."
The only thing is it doesn't state the amount that makes up the aggregate which is 9 billion common and 50 million preferred. Nothing really has to be changed, it has been that way since they reduced the AS to 9billion, but it would be clearer if was written as it was previously written once before:
Authorized Shares. The aggregate number of shares which the Corporation shall have authority to issue shall be nine billion (9,000,000,000) shares designated “Common Stock”, par value $0.0001 per share, and fifty million (50,000,000) designated “Series A Preferred Stock”, par value $0.0001 per share.
We're good. Nothing is getting corrected ;)
https://twitter.com/dx_helios/status/1403900932337905665?s=20
Per the company twitter, there are currently two separate audits ongoing one for Helios and one for Rushnet, Inc.
This is necessary for the spin-off Rushnet, Inc, among other corporate actions.
Thanks for that information, but let's remind everyone how RSHN has NO DEBT, NO TOXIC NOTES, NO DILUTION EVER. It will be in as good of a position as it can be to make an attempt at one. I'm sure expediting the completion of audited financials will give them a leg up on any of the corporate actions they plan to do.
$RSHN
Once current, more brokerages allow it to trade, which means even more volume in the weeks ahead.
RSHN doesn’t have any ACTIVE subsidiaries, but they do have an inactive one waiting to be used. Rush Merger Sub, Inc.
Rushnet, Inc (the currently active Corp)
HeliosDX, Inc (active private Corp merging into Rushnet, Inc whose ticker is RSHN)
Rush Merger Sub, Inc. (dormant subsidiary, but has always been kept in good standing. subsidiary to be used for spin-off or merger presumably because of its name)
https://www.sos.state.co.us/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityResults&nameTyp=ENT&masterFileId=20181768411&entityId2=20181768411&fileId=20181768411&srchTyp=ENTITY
Thoughts?
“5)Issuer’sBusiness,Products and Services
A.The company was in the beverage industry until 2020. Currently the company is a holding company actively seeking acquisitions.
B.We have no active subsidiary, parent,or affiliate companies.
C.The company was in the beverage industry until 2020. Currently the company is a holding company actively seeking acquisitions.
https://backend.otcmarkets.com/otcapi/company/financial-report/287030/content “
Thanks, my friend. This appears to be an extremely unique opportunity where we are expecting the spinoff of Rushnet, Inc. I am equally as interested in that as I am for Helios' growth and success. The beauty is we can expect both. You don't get that with other reverse mergers. If Rushnet, Inc. was completely gone, I would be more inclined to move on because I wanted to invest in a cbd/hemp/cannabis play. However, it's clear that this transaction (choosing Helios as the candidate) is looking like it will be far more successful than StopDrops would have been, and all the signs are pointing to a successful transaction and execution of the plans that have been issued to investors. Not to mention how this operation is only a mini part of a much bigger plan with a lot of connections.
Good luck to you and all.
Was looking at the outstanding shares. I noticed there are now 1,231,089,842 as of 6/4. Previously, according to my note, it was 1,156,089,842. That equates to 75 million shares new issued (since January which was my last note).
Outstanding Shares 1,231,089,842 06/04/2021
Restricted 176,198,093
Unrestricted 1,054,891,749
Hopefully that dilution is ended and hopefully its the company using the $ for product launch.
To think that RSHN is going to catch its sister, and end up in a race to .04?
MINDBLOWING
Billy, I do agree with you on that, most companies process when shipped, like Amazon and Chewy for example. I was willing to buy 1 each as part of my due diligence and good faith to help the company I am investing in.
They need to keep people updated on the status, for sure. I will expect an update when they make their next announcements.
Looks like the corrected financial just hit. We should be back to current by the weekend.
They are clearly labeled Pre-Orders on the website. This is how GRPS can prove there is demand for the product.
https://doctorbondsgummies.com/
Here is what it says on my receipt:
Gold River Productions
ORDER #1021 (over 1,000 orders perhaps?)
Thank you for your purchase!
Hi D-Money, we're getting your order ready to be shipped. We will notify you when it has been sent.
Shopping cart
Product image Description Quantity Price
Dr. Bond's Calming Mango Gummies (Pre-Order)1 $19.95
Dr. Bond's Raspberry Discomfort Relief Gummies (Pre-Order) 1 19.95
Dr. Bond's Sleep Watermelon Gummies (Pre-Order) 1$19.95
Summary
Description Price
Subtotal $59.85
Shipping Free
Total USD $59.85
Go $GRPS We will be going to silverland and beyond when products are ready.
Dip and Rip. Just like grips gonna rip, rush is gonna rush. Either buy the dip or HOLD HOLD HOLD. Let the MMs do their circle jerk and not give them any shares.
Basically those preferred shares and the 10% dividend is the ownership of the shell. 87% voting rights.
I don't know for sure, but my guess is that there is a purchase agreement between Mr. Sweat and Goulding where Mr. Sweat paid for that to be transferred to him, effectively buying the shell. That agreement is not public (yet), but that is how it would have went down.
Now Mr. Sweat is actually going to make 10% yearly because they are actually going to make revenue.
Goulding has GRPS and when Rushnet, Inc. gets its own ticker again, he can set it up fresh. Makes complete sense!
Rushnet, Inc. and its CBD and JV operations with GRPS are still there in the background, however, as expected, are on the backburner until the spinoff can be executed.
Helios is running the show. Ask Goulding on GRPS about Able. The Able JV is more under their realm of things (Health & Human Services - doing things to better people's lives), although Rushnet, Inc. is expected to get an income % from it.
I do agree though that people should be reasonably kept in tune with what operations under Rushnet, Inc are still in play and what is not. I've always said that. So if something is no longer in the works, it should be noted in a PR. Ashley is not going to know anything about Rushnet's JV's. His responsibility is to get his company merged so that both companies can move forward on their own, but it in synergy with their agreements.
Important differences for everyone to understand:
Rushnet, Inc. is the original company. (CBD Beverage)
Rush Merger Sub, Inc. is another company under Rushnet, Inc. (a shell waiting to be used in a merger)
HeliosDx is the incoming company. (private company merging in)
RSHN is the ticker (RSHN is the ticker that references all of them at this time as one unit)
$RSHN
What's the scoop here with being current? They had the Q1 financial statement and disclosure statement listed as inactive (meaning rejected) They then have uploaded the Q1 financial statement and the disclosure statement in 1 PDF document, listed as active, so it should be back to current, unless OTC wants them separate.
The float has been traded 2.3 times since December, with 7 Billion shares traded since May. Lots of shares in new hands. Different ball game now.
https://finance.yahoo.com/quote/RSHN/history?period1=1607299200&period2=1623024000&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true
Watch for attorney letter to drop any moment. Current by week's end. Just getting started. OOPS
$RSHN
"Gold River and RushNet have enjoyed a joint venture relationship for the past two years. That relationship continues with RushNet's new endeavor."
https://www.newsfilecorp.com/release/79419