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You can say it was a fake deal and fake PR all you want.(regarding New Earth Sale to STNT). Fact is the company put it out there for investors, and even included the signed agreement. You can believe it is fake and I can believe it real. It’s for us to decide and risk. There should be some fact to base your reasoning as to why it is fake. My facts are a signed agreement.
We all know that otc stocks can’t RS without being current. Which is why the RS and stopdrops announcement was a seriously lame shake out, but it worked! So if you didn’t like the stock then, hopefully you sold on the RS news. Now the price is low and being continuously accumulated as per the chart, likely by the company, so that as time passes, like it has, it can be run all the way to Maui !
Thoughts?
RSHN
Hope you all had a nice 4th of July weekend. Now its time for some RSHN fireworks. Let's go Doc, set the wheels in motion to current.
RSHN
The accumulation chart has only doubled since we started talking about it. Remember when we were saying how almost 2 billion accumulated...then nearly 3 billion accumulated....well now it is about 3.5 billion accumulated since 2018. If people were dumping, there would be massive distribution or at least large dips in the accumulation line.
I'll wait however long it takes for a run here.
Nice close today. Its amazing how nicely she moves. Not a lot of shares to work with most likely. GRPS
Was just looking into the OTC reporting and covid filing relief to see what the heck might be going on with late financials. The OTC is giving an extra 45 days to file disclosures that would have otherwise been due between 3/1 and 7/1 2020.
Link
So annual financials were due 3/30. 45 days added to that would be May 15th, but they didn't file the annual.
For Q1, the due date was 4/15. 45 days added to that is June 29th.
I would like to hope that we have the annual and Q1 and attorney letter before June 29th. Then Q2 would be due on Aug 15th (That is outside of the covid relief, so OTC would be expecting Q2 by 8/15.)
If financials don't come by June 29th, its only more of an uphill battle from there.
Same scenario for our sista
GRPS
Just to correct your post and clarify the facts, there are 7,764,641,795 shares out - the share structure is not maxed out yet.
I have not seen any proof anywhere that state taxes are owed. It was acknowledged in one of the first financials posted by RSHN when the shell became active (I've posted it before). I haven't seen any mention since.
I agree a filing is more weighted than a PR.
RSHN
Once sister company locks in some funding, and FDA loosens their regulation, the medically focused CBD being developed by this team will be used for RSHN’s products. The whole reason for Goulding setting up these outfits is to launch a separate CBD / Hemp conglomerate that is medically focused. Goulding doesn’t want to sell gummies and ineffective products, he wants to develop medically effective CBD and use it in various products. Therefore just like in other stocks once there is a breakthrough or FDA loosens guidelines (or approves rshn/GRPS products) we wait. If the stock is too risky, then don’t consider it. After all most long shareholders still invested here knowing very well the various facts that do make this stock risky (such as the back tax issue, the association with brother Randy, to name a couple of things. Most people on this board know all of this and invested anyways.
RSHN
That is true, he was the person who caused the rshn filing that was signed by Bob Hainey, and also the name change document. However that filing is with the state of Colorado which is not the OTC or the SEC, so he technically can still be the companies correspondent. I talked about this before. Randall is not associated with the companies administrative functions that go through SEC or OTC.
When did Richard change his name to Randall? Everyone knows Randall is on OTC's prohibited list, and is being watched by the SEC. Richard has no X's marked on him by any authoritative agencies.
Other than being a trademark correspondent for RSHN (his name is the contact for rshn's trademarks), can you name an official RSHN or GRPS document that has Randall's name on it?
I'll wait....
GO RSHN
When did Richard change his name to Randall? Everyone knows Randall is on OTC's prohibited list, and is being watched by the SEC. Richard has no X's marked on him by any authoritative agencies.
Other than being a trademark correspondent for the sister company rshn (his name is the contact for rshn's trademarks), can you name an official GRPS or other RSHN document that has Randall's name on it?
I'll wait....
GRPS
Certainly a relatable article...
Cannabis Short Sellers Down $641M In May
https://m.benzinga.com/article/16094315
OOPS
Feeling the squeeze
Have a nice Memorial Day RSHN
Looks like a signed agreement exists to me.
Acquisition of New Earth Development Corporation
On February 21, 2020, the Company entered into an Acquisition, Funding Agreement (the “Agreement”) with Gold River Productions, Inc., a Colorado corporation and the parent corporation to its wholly owned subsidiary New Earth Development Corporation, an Illinois corporation, which in turn is the parent corporation to its wholly owned subsidiary Hemp Armor Inc., RushNet Inc., a Colorado corporation, and Joshua Spooner, an Illinois resident.
Pursuant to the terms of the Agreement, the Company received all of the stock and other ownership of New Earth Development Corporation, which makes both New Earth Development Corporation and its wholly owned subsidiary, Hemp Armor Inc, wholly owned subsidiaries of the Company as of February 21, 2020. As consideration for all of the
stock and ownership interests in New Earth Development Corporation, the Company has agreed to (i) issue 2,500,000 shares of its common stock in exchange for all of the shares and ownership interests of New Earth Development Corporation, (ii) provide five million dollars USD ($5,000,000) of funding to New Earth Development Corporation
33 (the “Funding”), and (iii) agrees that Joshua Spooner shall serve as the Chief Executive Officer of Hemp Armor Inc.,
with Mr. Spooner managing Hemp Armor Inc. from his Illinois office.
Hemp Armor Inc. will use the Funding to build the first manufacturing facility to capitalize on the opportunity, and to
corner, the market of hemp bio-textiles and composites to significantly upgrade modern textiles, and to provide new raw material resources for superior attire for the safety of the user, and in part to accommodate increasing demand for textiles, and the creation of a renewable source of raw bio-textiles, for application in aerospace, automotive, law
enforcement, the Department of Defense, and to enable it to construct a 600 meter ballistic testing range. Hemp Armor will also seek to produce primarily high strength woven design that will house the flexible ballistic material formulations known as CarbonEra™, which will be manufactured pursuant to a licensing agreement with Nova Graphene™.
Source (Pg 32): https://backend.otcmarkets.com/otcapi/company/financial-report/245337/content
Here is a link to actual agreement between the parties, Including RSHN provided on the GRPS website. It is 24 pages long, so go to the link.
https://www.grpsinc.com/wp-content/uploads/2020/03/spin-off.pdf
RSHN did not amend their articles of organization to change any officers, therefore the RS amendment signed by someone who is not authorized for the company means that filing would be null and void. Think a little harder.
Sure, I will give you that the filing was probably done to pull a fast one on someone (Maybe even without RG's knowledge), or to get the stock to become liquid (hence the dump that day, and possible accumulation of more shares by management) but the RS amendment was never going to be held up because Hainey was not an authorized officer/member/manager of RSHN.
RSHN has never claimed to have 500,000 acres. It was New Earth Development who was looking to develop that acreage for their business plan. Now New Earth is gone, so you don't ever have to state the fallacy that RSHN claimed to have 500k acres again.
Leganja Fairy
https://leganjafairy.com/
Subsidiary of GRPS and RSHN
LeGanjaFairy was established by Shane Archibald
LeGanjaFairy forecasts revenues of $21,000,000.00 USD dollars in the first year of expanded operation with an estimated net profit and net cash flow of $10,000,000.00 USD.
https://www.grpsinc.com/partners/
Numbers down due to Covid, I'm sure, but March was nice.
https://www.502data.com/license/415692
https://www.topshelfdata.com/wa/spokane-valley/leganjafairy
GRPS
GRPS share structure is 9x better.
9x more of a chance to run to copper or silver than sister company. Although it recently turned dark, it is not really behind in financials, unlike the other company.
Company needs to post annual by close of day today, 1st quarter immediately (or per whenever the OTC has granted leniency for Covid), then follow up with attorney letter asap. Then we will be current.
When GRPS reports its nearly 33 million dollar asset any day now with 1st qtr, the prospective PPS could be upwards of .03 (if the market thinks highly of the asset). Say its closer to 15 million because of the current STNT price of 6.55, that is still a possibility of .015 prospective pps (based on asset value alone).
All I know is when my lovely GRPS shares move upward, they move from red to green very quickly. GRPS will be great again 2020 :)
Go GRPS!
The OTC company description has not been updated.
It was last updated on either 2/23/20 or possibly even 12/12/19. Look at the I-box. It is dated and has no change in the language.
D
C'mon man. This stuff has been posted before. Nothing to do with GRPS. Most longs that have been here are well aware of the extent of the involvement of Randall Goulding, and were aware prior to investing. Anything that is searchable will show that Randall has been nothing more than a communications person who handles the trademark correspondence and filing the documents with the state (which is not an otc matter).
You either take the risk or don't.
C'mon man. This stuff has been posted before. Nothing to do with RSHN. Most longs that have been here are well aware of the extent of the involvement of Randall Goulding, and were aware prior to investing. Anything that is searchable will show that Randall has been nothing more than a communications person who handles the trademark correspondence and filing the documents with the state (which is not an otc matter).
Even with the back taxes issue....longs have been here knowing this fact. (We don't even know if it is still an issue). You either take the risk or don't.
Totally agree and right there with you Johnston. Longs will be rewarded when the time comes that the powers-at-be decide to make things happen. If you want to be involved, then presumably you own shares...if you don't, then presumably you don't own shares. If you do own, then there's not much else to do but hang tight, place your target sell orders and wait, just like any other triple zero stock.
We've done all the DD we can, and its been exhausted to the end of every trail. Unfortunately we now have to wait until one of the trails continues forward to see what is next.
Now that significant time has passed, and information is scarce, those holding will be rewarded when it does come.
Good luck to all.
Would be nice if they can use this time to get all financials in order by 5/15, and be caught up so we can go current.
Annual Report & Disclosure (normally due 3/30, now expected 5/15)
Attorney Letter (normally due by 4/30, now expected soon after 5/15)
1st Quarter Report (normally due 5/15 anyways) Expecting around $31 million asset to be on the books.
If they could get the annual posted before the end of the month, they would have the opportunity to have the attorney letter and 1st quarter done and posted 5/15. You would think management would seize upon that opportunity.
Hope everyone had a nice Easter.
GRPS
We'll be waiting for that DD lol. Let's see what you got.
$GRPS
3/5/20 - New Earth sold for $31.5M in stock.
Palm Coast, FL, March 05, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold River Productions, Inc. (OTC Pink: GRPS) and RushNet, Inc. (OTC Pink: 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 Pink: 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.”
Other recently consummated acquisitions will also be announced shortly.
Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”, “forecast”, “anticipate”, “plan”, “planning”, “expect”, “believe”, “likely”, “should”, “could”, “would”, “may” or similar words or expressions. Such statements are not a guarantee of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company’s ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company’s operating history and resources, economic, competitive, and equity market conditions.
About RushNet, Inc.:
RushNet, Inc. is an edibles and beverages-based company developing a number of stand-alone products, most including enhanced with CBD. These products are designed to take advantage of all natural and non-GMO grown foods, pristine mineral water enhancement, and full-spectrum, broad-spectrum CBD and other rare cannabinoids.
About Gold River Production Services, Inc.:
Gold River Productions is a top of the line medical CBD company. With innovative products targeting specific disease states using supplements, Gold River Productions, along with RushNet, is poised to take CBD to the next level. With two of its top officials being not only medical doctors, but well-versed in the field of cannabis, a team of scientists and technical experts have joined forces to utilize all that CBD and Hemp have to offer.
About the joint venture between Gold River Productions Inc. and RushNet, Inc.: This joint venture is a unique combination of discipline and qualified professionals to address unique and underserved needs, mostly involving all areas of cannabis production (including hemp) from cultivation and manufacturing to distribution and retail, with an emphasis on unique products and high-quality CBD. RushNet is more focused on product development, particularly edibles and beverages while Gold River Productions addresses the more scientific elements of these pursuits, using formulations found only in the formation of high-quality nutraceuticals. Together, they are able to facilitate the vertical integration envisioned. Each is acquiring and joint venturing with companies in all aspects of the cannabis field as they jointly pursue a fully integrated cannabis and hemp business model.
CONTACT: RushNet, Inc.
support@rushnetinc.com
@RSHNOTC
www.RushNetInc.com
RushNets@socialstartnow.com
Gold River Productions, Inc.
www.GRPSinc.com
Premier Biomedical, Halberd and Gold River Agree to Work Jointly to Develop Premier's Patented Extracorporeal Technology on COVID-19 Treatment And Proprietary Anti-Addiction Patch(TM)
Wednesday, April 8, 2020 8:00 AM
JACKSON CENTER, PA / ACCESSWIRE / April 8, 2020 / Premier Biomedical, Inc. (OTCPINK:BIEI), Halberd Corporation (HALB) and Gold River Productions Inc. (GRPS) announce the signing of a multi-faceted agreement for ongoing R&D into a potential treatment and cure for Covid-19 as well as development of Premier's Anti-Addiction Patch™.
The Joint Venture on Covid-19 treatment starts with Dr. Mitchell Felder's patented extracorporeal therapy (US Patent 9,216,386 and US Patent 8,758,287) for the safe removal of targeted antigens from the blood and targeted organs. Dr. Felder explained, "The extracorporeal treatment is based on the process of removing the underlying basis of the disease. In the case of Covid-19, it entails removal of specific compounds which allow the virus to replicate. We believe this technology is superior to known treatments in that it may potentially eliminate mutations of the virus."
Dr. Richard Goulding, Gold River's Chief Medical Officer stated, "Premier's multi-faceted extracorporeal technology can be used to remove the disease-causing antigens and to prevent the "cytokine storm" associated with the disease in severely ill patients."
Dr. Felder continued, "With our partners, including a leading university partner, we are now positioned to develop potential cures and mitigation for Covid-19 as well as to alleviate the global drug epidemic for our country and the world. The joint venture includes financial commitments for funding, which if obtained, along with the continued research with our university partner is likely to develop the technology disclosed in our provisional patent application entitled ‘Method for Treating and Curing COVID-19 Infection'. We seek to further develop and establish proof of concept with regard to these promising tools in this worldwide battle. This positions us to facilitate defenses against the growing COVID-19 menace as well as against other viral attacks."
See YouTube video,
Interesting news this morning. I really wish they would have been on top of the filings, and remained current, as I'm looking forward to that $33 million asset being reported in the Q1 financials in May. That is bigger than the potential asset we had with the WSRC ownership percentage, so we should be going much higher. Should be approx. .03 based on that asset alone.
GRPS
Companies still need to file their late notification on or before the due dates. GRPS filed their late notification one day too late, and the sister filed nothing, therefore both moved to stop sign....unfortunately. If they filed their late notifications on the 30th (the last day they were due), then they may have been allotted the extra time beyond the normal 15 days. How hard is it to keep a calendar with the due dates that are the same for every report, every quarter, every annual. The OTC doesn't mess around anymore. To me, it appears they are automatic now with the downgrades if nothing is filed timely.
Hope everyone is staying safe. GRPS
Companies still need to file their late notification on or before the due dates. RSHN filed nothing. GRPS filed their late notification one day too late, therefore both moved to stop sign....unfortunately. If they filed their late notifications on the 30th (the last day they were due), then they may have been allotted the extra time. How hard is it to keep a calendar with the due dates that are the same for every report, every quarter, every annual. The OTC doesn't mess around anymore. To me, it appears they are automatic now with the downgrades if nothing is filed timely.
Hope everyone is staying safe. RSHN
Good news and a good decision, in my opinion, to cancel the reverse split and the acquisition with StopDrops.
https://www.globenewswire.com/news-release/2020/03/30/2008415/0/en/RushNet-Inc-RSHN-Announces-No-Reverse-Stock-Split-Abandonment-of-StopDrops-Inc.html
StopDrops has a good product idea and it would fit well within GRPS' conglomerate of initiatives, but I'm just glad it will not be actuated through RSHN. RSHN can be successful on its own as a partner with GRPS and it would be most rewarding to existing shareholders with its current share structure.
Looking forward to other news, and the reporting of the $3 million asset in April's quarterly. This should get the share price moving up some ticks soon.
Go RSHN.
Good morning RSHN. 2019 Annual Financials should be posted before midnight tonight (if they plan to file on time within OTC reporting guidelines)
2019 Annual Financials/Disclosure
due no later than March 30th (Within 90 days of 12/31)
Attorney Letter
due no later than April 30 (within 120 days of 12/31)
1st Quarter Report
due no later than May 15 (within 45 days of 3/31)
^This report is where the $3 million asset sale will first be recorded.
These dates are the same for the sister company on 12/31 fiscal year.
Hopefully we see Pink Current after the attorney letters.
Stay safe and take care.
RSHN
I agree, we should see the 2019 Annuals by end of day tomorrow. Here is a copy and paste of my 3/10 post.... This is based on their filing history, dec year end, and the OTC pink reporting guidelines.
Annual Financials/Disclosure
due no later than March 30th (Within 90 days of 12/31)
Attorney Letter
due no later than April 30 (within 120 days of 12/31)
1st Quarter Report
due no later than May 15 (within 45 days of 3/31)
^This report is where the $31 million asset sale will first be recorded.
These dates are the same for the sister company on 12/31 fiscal year.
Hopefully we see Pink Current after the attorney letters.
Go GRPS!
Taking a look at one of GRPS' connections....LeGanja Fairy
LaGanga Fairy
Subsidiary of GRPS and RSHN
LeGanjaFairy was established by Shane Archibald
LeGanjaFairy forecasts revenues of $21,000,000.00 USD dollars in the first year of expanded operation with an estimated net profit and net cash flow of $10,000,000.00 USD.
https://www.grpsinc.com/partners/
https://leganjafairy.com/
http://cindersmoke.com/introducing-le-ganja-fairy/#
https://dopemagazine.com/le-ganja-fairy/
https://www.topshelfdata.com/wa/spokane-valley/leganjafairy
$45,000 in revenue for January '20.
2019 Revenue was $504,500
In each case, revenues were acquired by Gold River, subject to operating expenses and distributions to the company (Marakata in the one case and Le Ganja Fairy in the other case), leaving, as net income to Gold River and to RushNet, 35% of the net, of which 80% will go to Gold River and 20% to RushNet. Those net distributions to Gold River Productions and to RushNet are scheduled to commence later this year, upon the securing of financing pursuant to a Tier 2, Form 1-A filing with the SEC. This filing, in the case of each of Gold River and RushNet shall accompany PCAOB audited financial statements.
https://www.globenewswire.com/news-release/2019/06/27/1875479/0/en/XYZ-Hemp-Inc-GRPS-Gold-River-Productions-Inc-and-RushNet-Inc-RSHN-Announce-Most-Recent-Acquisitions-Alliances-Products-Grants-and-Name-Change.html
Go GRPS
We should see some information start to flow again soon, especially with these anticipated filing dates...
Annual Financials/Disclosure
due no later than March 30th (Within 90 days of 12/31)
Attorney Letter
due no later than April 30 (within 120 days of 12/31)
1st Quarter Report
due no later than May 15 (within 45 days of 3/31)
^This report is where the $31 million asset sale will first be recorded.
These dates are the same for the sister company on 12/31 fiscal year.
Hopefully we see Pink Current after the attorney letters.
If I'm not mistaken, it looks like they finally changed the website link on the otc page to grpsinc instead of the old xyz hemp website. Slowly but surely our GRPS is coming back to life.
Go GRPS!
Nothing was corrected about it - Mark posted the article link and mentioned it was the purchase agreement. The link to the agreement was within the posted article, and yes, it has all parties’ signatures. The facts are always getting a nice spin here so make sure everyone reads everything carefully. I imagine those who are here daily know everything about the company.
Link to Article
https://www.grpsinc.com/sale-of-new-earth-development-corporation/
Link to Agreement within article.
https://www.grpsinc.com/wp-content/uploads/2020/03/spin-off.pdf
Looks like Doc came through tight sway by posting the agreement as requested by shareholders.
RSHN
GRPS posted their recent news on their website this afternoon.
https://www.grpsinc.com/sale-of-new-earth-development-corporation/
They also included a copy of the Acquisition/Purchase Agreement for New Earth Development Corp, relating to GRPS/RSHN/STNT.
https://www.grpsinc.com/wp-content/uploads/2020/03/spin-off.pdf
Go GRPS!
As much as I like the stock, want them to succeed in their initiatives, they're shooting themselves in the foot with the lack of communication and follow through. They're allowing their loyal shareholders' confidence and support to slip away. Its time to let shareholders know about the progress of the company.
Good morning RSHN. That's a nice box update. ;)
About time. Have a good day everyone.
New Earth Development is the entity that would build the 500,000 sf warehouse and contract with farmers totaling approximately 500,000 acres. New Earth Development (NED) is a subsidiary of RSHN's sister. RSHN has never claimed to have this plan under its company or be building the warehouse. Therefore if nothing comes of the NED plan for the warehouse and acreage, it is not going to affect RSHN's price. RSHN only has an stake in NED, and stands to make a stream of income from any future revenue. It has no control over its operations, therefore it has no impact on RSHN unless it comes to fruition, then it will have a positive impact.
Simply put, the warehouse and acreage have nothing to do with RSHN unless of course it starts to get revenue, so there has never been a basis for calling rshn a scam because of the lofty warehouse and acreage business plan.
There is clearly a lack of understanding on the framework that has been established by this management team.
RSHN
Sorry my friend, but I don't see any facts anywhere, and humor, sarcasm opinion, and lots of yelling are not proofs of scam.
GLTA
Literally nothing has even happened yet, there has been NO major dilution since inception of RSHN (all shares issued are specific and noted for), and lastly none of us, no one, even knows StopDrops, therefore to say StopDrops will dilute it after the split is bogus and a scare tactic.
If StopDrops is legit, it will essentially ONLY be owned by CURRENT RSHN shareholders and have just over 5 million shares that will be hard to get. Then when StopDrops starts to prove its legitimacy, it will rise fast because of a locked float creating value for the company and shareholders. Then when RSHN comes through with its sec qualified spin-off, the current shareholders get an equivalent or a really good value for what they had in RSHN. There is no change in plan for RSHN. It has given StopDrops an avenue to become public while eliminating the bad aura of such a high float stock. RSHN will be far more attractive when this is done. BIEI, GRPS, StopDrops, and RSHN will all have far more attractive share structures and will be poised for a better future.
Have a good day all.
RSHN
Oh no .0002 is back on a $20 100k share trade. OOPS Not a dump, more like a MM tactic.
Nobody is fooled
Usually when company management buys shares it is a good thing. In this case, however, it is possibly another ploy to suck more people in like it did to me when they filed the form 4's. Down -93% now.
Just a word of caution to consider before being wooed by the Form 4.
GLTA