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I predict RSHN and GRPS merging into one and StopDrop being a stand alone company with the new shell ??
Gold River Productions, Inc. (GRPS) and RushNet, Inc. (RSHN) Announce Sale of New Earth Development Corporation for Stock in Stevia Nutra Corp (STNT)
Globe Newswire
March 5, 2020
Palm Coast, FL, March 05, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold River Productions, Inc. (OTC:GRPS) and RushNet, Inc. (OTC:RSHN) jointly announce the sale of New Earth Development Corporation (New Earth), on February 28, 2020.
The combined sale price is $34,975,000, payable in shares of Stevia Nutra Corp. (OTC:STNT) common stock, 2,250,000 shares to Gold River and 250,000 shares to RushNet (this split being in accordance with the terms of the joint venture agreement between Gold River and RushNet). Based on the $13.99 price per share of Stevia Nutra common stock as of the February 28, 2020 contract date, for this quarter, our accountants confirmed that Gold River will report $31,477,500 in Revenues for financial statement purposes. Similarly, RushNet's revenues will include its $3,497,500 from this transaction. Given the negligible amount of expenses that each company incurs, the net income is expected to significantly exceed 90% of the Revenues. As a further result of this transaction, each company will report an asset of a like amount – $31,477,500 and $3,497,500, respectively.
Richard Goulding, MD, Chairman of the Board, reports that "the agreement includes a cooperation provision enabling Gold River and RushNet to continue their respective pursuits of this burgeoning market, entitling each to a discounted price of goods and services from New Earth Development Corporation, including from its subsidiary HempArmor Inc.TM" Dr. Goulding continued, "We feel that Stevia Nutra is uniquely positioned to pioneer the production of graphene products generally and the hemp growing process which can provide the raw ingredients for graphene. Furthermore, the company is positioning itself, via its recent acquisition, HempArmor, to manufacture highly protective apparel for the protection of persons, including through the use of 3D printing technology."
Dr. Goulding cautions, however that "while substantial income will be reported from this transaction, what we ultimately realize on this transaction will be a function of how successful Stevia Nutra, New Earth and HempArmor are in their various pursuits in this market."
This site needs mods!
IBOX outdated!
Why no posts?
This stock is being short! No insider is selling and not one shareholder has that many shares. Only 300k in the float among many many shareholders.
0.00030 USD +0.00010 (50.00%)
Feb 28, 2:45 PM EST · Disclaimer
Real !! not photo shop !!
It’s an implied statement with a question mark!
I heard they have many contracts !
Green Stream Holdings, Inc. Launches Ferry Street Solar Project in Newark, NJ; Board Approves Appointment of Mike Sheikh as CFO
Press Release | 02/10/2020
PACIFIC PALISADES, Calif., Feb. 10, 2020 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC: GSFI) a Holding company with a focus in currently unmet markets in the solar energy space through innovative proprietary solar product offerings financed for customers via its public and private partnerships, announces today that it has signed an agreement to begin work on the Ferry Street community project in Newark, NJ in line with its agreement to install and maintain a 151 kw solar panel system delivering power directly to a customer base of the community’s residents.
GSFI CEO Madeline Cammarata states, “We are very excited to announce this endeavor as it is demonstrative of our ability to partner with some of the solar industry’s most innovative architects such as Anthony Morali of Morali Architects and Renewable Energy Development (R.E.D.) and installers with cutting edge industry technologies in order to create the highest yield from our solar panels.”
Green Stream will own both the project and its revenue generating panels for the next 20 years.
As well, Green Stream Holdings welcomes Mike Sheikh as the Company’s new Chief Financial Officer. Sheikh is a US Air Force Academy graduate and pilot with a degree in Economics. He began his civilian career as a stock broker with Dean Witter and with broker/dealer National Securities before becoming research analyst and publisher of reports in the aerospace sector.
Sheikh’s financial expertise is in venture capital and asset based lending, and his most notable success was taking MMI International Trade from $150k in annual sales to over $2.5m in annual sales within a period of two years. All the while, he cultivated an effective sales force and management team, upgraded manufacturing, modernized operations and instituted quality controls that enabled the company to catapult into global success. MMI now has over $10m in sales annually and is an industry leader.
Cammarata comments, “Mike is uniquely qualified to utilize his wealth of hands-on importer experience, factoring knowledge, and purchase order finance structuring to accommodate our niche client base and believe he will be instrumental in expedited growth for our company.
Can you please post a snapshot of level 2 as it looks now???
Thanks!
Is the IBOX up to date with the new share structures and great news ?
Is this the calm before the storm ??
Sleeping giant here!
This company needs eyes on all it projects and the street will come in and buy.
I see great potential in this company ?
IBOX is outdated and incorrect.
Someone should correct it!
Great post !
OOOPS! New buyers are buying, large volume for only one hour of trading.
Almost 9 million shares bought by new strong shareholders !!
Great day !
Great post! Very well explained !!
OOOPS! WRONG !!
RushNet Inc (PK) (RSHN)
0.0004 ? 0.0 (0.00%)
Volume: 5,296,400 @02/12/20 3:56:49 PM E
The news will come near the end of the month , good things take take time, many changes !
OOPS! LOL back up to .0004.
When Stop Drop is a stand alone company with no connection to Goulding and the new RSHN merges with one of his other companies the shareholder that weren’t scared into selling will be happy !!! IMO !
I think Frank Is gone and others ?
OOOPS! Over 9.5 million shares bought today by new shareholders in strong hands. Great day back to .0004
After One seller sold his entire 20 million position yesterday after being let go.
Great day for RSHN / Stop Drop over 27.5 million shares bought now in new strong shareholders hands!!!
RSHN is !
Markss40 Sunday, 01/19/20 03:06:30 PM
Re: Optimistic 2020 post# 132158 0
Post # of 132650
And don't forget the dividend
I agree with you, it doesn’t matter. RSHN I believe will be under new management and has stated in the last PR a dividend will be given. My guess merging with one of his other companies that are in the CBD business. I'm waiting for Stop Drop news which will be a stand alone company with no association with Dr. Goulding. iMO
LMAO!! Higher than I taught it would be .0004 and higher than no bid!!!
RSHN is doing fine, waiting for Stop Drop to go public and RSHN to merge with another shell.
OOOPS! RSHN closes unchanged .0004!
Not down , not no bid like some have said before!
People are waiting for the news, I can’t wait for Stop Drop a great company with no connection to Dr Goulding!!
LOL ! Can’t wait for the reverse new RSHN and and another company ( rumor on gold river board saying it could be them) merge into one trading at ,60 and Stop Drop a separate Company will be trading at $.60 and only going up from there for all shareholders on record who owned the stock currently , news any day now !!
OOOPS!!!
oOOPS! Millions of shares bought today all in new, strong shareholders hands.
Frank DeAngelo, RushNet's CEO, explained that "while there are strong
synergies between StopDrops and RushNet, there are also strategic reasons for
maintaining separate entities as the companies begin working together. As
such, we plan on executing an SEC qualified spinoff of RushNet so that it may
continue pursuing its business operations through a separate legal entity."
The news will come out when all is finalized . Needs approvals for what is happening as the last PR.
Did anyone read it?
IMO Goulding is going out!
Original announcement was Announced before two major holidays!
There are a couple of government agencies involved questions are asked and must be answered. This reverse plus changing three separate companies take time. New stock symbols?? Changing of officers? So remove the holidays and the weekends we should be close . There’s a lot going on here.
Looks like StopDrops, Inc. made an update to OTC profile which hints that they may be getting ready to make some filings.
https://www.otcmarkets.com/stock/RSHN/profile
XBRL Associates, Inc.
https://www.otcmarkets.com/learn/service-providers/5975?t=5
XBRL stands for eXtensible Business Reporting Language, which is the data format which SEC edgar uses for filing, among other things.
https://www.investopedia.com/terms/x/xbrl.asp
Erwin Vahlsing, Jr
https://www.linkedin.com/in/erwin-vahlsing-jr-b6a3a01
Specialties:
> SEC Compliance
> M&A Structure and Due Diligence
> Restructure and Turnarounds
Official Account of $RSHN
@RSHNOTC
·
Jan 9
In response to numerous questions about recent acquisitions and status of the company, we are compiling a detailed, yet simplified memorandum for shareholders in an effort to further explain why this is being pursued.
From a smart RSHN shareholder;
fb454 Wednesday, 01/29/20 04:30:55 PM
Re: pocket.change post# 132411 0
Post # of 132470
I went ahead and called Stopdrops again. Spoke with the president. There is an office for rent in that building. It`s a multi unit building. So there is no problem with one of them being up for lease. Have a terrific afternoon.
From GRPS message board;
He has confirmed, Gold river And rshn are together.
Yet I believe it's may not be affected only RSHN
That makes sense now DR Goulding will merge his two CBD companies and StopDrop will be a stand alone company with its own management team!!
Official Account of $RSHN
@RSHNOTC
·
Jan 2
As a result, shareholders who retain their shares in StopDrops as well as other shareholders who purchase thereafter, specifically all shareholders of StopDrops as of the declared ex dividend date, following the spinoff, will hold shares in both StopDrops and RushNet. #StopDrops
Wrong! OOPS!
Closed up!!!
Wait till the news!
Three companies for this low price, that a great sign no front loading.