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Have a nice Labor Day Weekend everyone.
Go RSHN
Is anyone setting money aside to participate in the 1-A (whether it’s rshn or Grps or both, or other)?
I know PRs have said form 1-a for each, but who knows what’s next.
If you’re not saving for the offering, are you just accumulating rshn and grps hoping your share count has value in whatever goes down with these offerings?
If there is an ipo for a new associated company, it would be a bummer to not participate (if you believe in RSHN and grps like I do)
Thoughts?
Go RSHN
Let's go RSHN, time to make some moves.
Hanging on patiently. I believe the companies have had a lot of obstacles preventing them from moving more quickly. Such as being a public company in Colorado - there were/are restrictions on outside investors being owners. Such as banking....credit unions are the only source for hemp companies only as of about a week ago. Such as the FDA and CBD debacle, which came down right in December of 2018, killed the farm bill hype, and started the sector-wide down-trend related to the regulation confusion. Hemp farming is brand new under the USDA, starting in 2020. (legal industrial hemp cultivation under federal usda regulation is only beginning next year. Regulations were set for harvesting this fall.) The DEA (and other federal agencies) is still needing to put notices out such as this stating hemp is legal.
https://hempindustrydaily.com/dea-affirms-hemps-new-status-sends-notice-plant-is-legal/
We are still in the beginning stages of the industrial hemp industry. Well worth the risk if you have money you can afford to lose.
RSHN - CBD, MJ
GRPS - Medical CBD, New Earth - Graphene
Go RSHN
The offering/1-A will be coming whenever its ready. I'm sure its very complicated. I'm sure it will have a lot of surprises.
I've heard talk in the past about there being discounts on the price for rshn and grps shareholders. Does anyone have any details on that or thoughts? Are there any examples in EDGAR of a 1-A that offered discounts to a certain party/parties?
Is xyzhemp going to do the 1-A and then rshn shareholders get a better price? or is it going to be New Earth Development IPO-ing at a decent price, and grps and rshn shareholders getting a better price?
There's lot to consider regarding the risk/reward here.
Have a nice day.
Go RSHN
As you can imagine, I was waiting for the reports to see this. It is what I was most pleased about with the report. I had texted Goulding about this well before the reports were due, that I wanted to see clarity of whether or not there was still a tentative deal with wsrc, or that it needed to be off rush's and gold rivers financials (so that there is an accurate snapshot of the companys assets. While I never got a reply or acknowledgement, they listened.
Good morning RSHN. Nice to see the reports filed as anticipated.
Good to see one way or another that the WSRC deal is off the books. (Look at GRPS' report for a better explanation on this)
Looks like we added to Rooshine investment
There is an asset line for Freedom Fleet Initiative. Perhaps that hints at the liklihood of that grant moving forward. We shall see.
Nice addition of consultants who were given 5m shares.
Kenneth E. Leonard
http://www.buffalo.edu/news/experts/kenneth-leonard-faculty-expert-addiction-substance-abuse.html
https://www.buffalo.edu/cria/staff/scientists/kleonard.expertise.html
https://qz.com/686179/marijuanas-potential-health-benefits-are-being-obscured-by-the-us-governments-ineptitude/
Greg Remsen - Gov't Relations Specialist & West Coast Outreach Coordinator
https://www.linkedin.com/in/greg-remsen-2ab6917/
Facebook
Sheridan Linehan - Sr. Funding manager at Advanced Science Research / Beyond Brands
https://www.linkedin.com/in/sheridan-linehan-55846b45/
Looks like at least two of these guys are from the Newport Beach, CA area, which might explain that 260 Cagney Lane Newport address on the late filings.
I wouldn't be surprised if these guys are involved in next month's meeting with defense contractors on anti-addiction patch.
Also, we appear to have a new JV not mentioned before:
Conx2share, Inc
Also, we still have no idea what VetHealth and HHS are. These are news items waiting to be announced.
As stated in previous PRs its expected that Bella B and Leganja revenue would show up later in the year. (This is not a surprise to anyone following RSHN closely.
Have a great day all! I'll be back tomorrow for my daily post. ;)
Go RSHN
Glad to see one way or another, that the WSRC deal is off the books. It was never an accurate representation of assets. While, yes the assets are now much lower, the books are a little more cleaned up.
There was an increase of about $55,000 in Investments & Joint Ventures between quarters. GRPS decided to leave that line item un-itemized like RSHN's.
Go GRPS and XYZ Hemp!
(It is still officially xyz hemp at the moment until it is changed with SOS)
The lobbyist has been named and confirmed thanks to a thing called actual due diligence.
The contact information is all there if you want to call or email and ask.
https://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=A4924A7F-D45D-4609-972B-DDD0938E6EAF&filingTypeID=60
The client is John Dolkart, Esq, who happens to be both RSHN and GRPS's attorney. http://dolkartlaw.com/ (See attorney letters on OTC going back to RSHN revival)
The only way this isn't a true connection is if Dolkart is representing another Colorado cannabis/hemp company specifically for banking issues (as it says sec/bankingon the lobbying report). However based on conversations I have with other shareholders, there are rumors that Goulding has paid much more than is reported on here. I have also had conversations with other shareholders who have contacted Burkman and there was a confirmation (which I believe). Take it or leave it, but don't misinform that the lobbyist hasn't been named. Interested shareholders are in the know.
Looking forward to today/tonight's filing. Don't forget to read my sticky top to bottom.
Have a good day all!
Go RSHN
RSHN is getting ready. Hoping we get a boost for all this week with a positive financial report and some good news. Have a good night RSHN
D
Looking forward to what should be and what I hope is a good week for GRPS. :)
GRPS will only be going UP once news hits on the government funding/grants or the 1-A/IPO announcement. Until then and for some time, MMs have had easy control flipping on the large spread between bid and ask. That won't continue once the big picture is revealed here.
I've heard about an IPO with grps/rshn shareholders getting discounts, does anyone have any information on that? Wouldn't that mean a new company going public? Someone might think GRPS is junk as it sits today, but is it really?
BIEIs anti-addiction patch combined with cbd/hempextract is a product that is right up GRPs'/XYZ's alley, and aligns nicely to their other products in development. Dr. Goulding created xyz/grps/rshn because he wants to sell medically focused cbd products that are clinically proven to treat certain diseases. He is not interested in selling flashy cbd gummies anymore to anyone who wants anything CBD.
Click link to see the types of products being developed by grps.
https://xyzhemp.com/
I would think of this joint venture as primarily with GRPS, as New Earth Development Corp is wholly owned by GRPS. Rushnet is likely in it so Dr. Bond's can contribute his herbal supplements expertise and skill in product development, and for some revenue sharing interest for rushnet.
There are so many claims that rush is a scam, but no one over there has proved anything.
We will see what happens between now and the end of the year.
Good luck to you Big all around! I discovered this all from following p*tn. I too have just over a mil g*ps and multiple mil r*hn.
G*PS has extreme potential with its share structure and wide-ranging initiatives. All it takes is one of their initiatives to take off. Just like all it takes is one OTC stock out of a bunch to make some money.
I would love to see the old vision with wsrc still be a possibility, but I would be equally happy if I could just get clarification that it is off the table (and off the financials).
I do hope WSRC updates its shareholders soon.
D
Good morning RSHN. I think the website is simply a work in progress based on a template for a crypto currency page.
If you click on the facebook social media icon, you go to Theme Fusion page, and it does talk about Avada, which appears to be the currency software. I wouldn't get too far ahead. I believe they will simply use the template, and replace it with their items. I do wish they would do it behind closed doors. Some of the headings are:
Government Funding/Grants
Graphene
Great Rate Freight
Freedom Fleet
Truckers Coalition
Rhamnolipids
Emergency Response
I would expect the experts page to be replaced with all the doctors and jones, spooner, etc,
Don't forget to read my sticky top to bottom.
Go RSHN. Wish I could stay here longer each day with you all, but I'll check in tomorrow. ;)
Good afternoon. While I have not been in WSRC ever, I've always followed it closely (with r*hn and G*ps), especially, as it shown in their financials as assets equaling approx 12.5% of wsrc's total assets.
I know the last quarterly for those companies talks about an "agreement to cancel" that agreement, but until there is further clarity on the agreement or complete removal of the assets from the rshn/grps financials, I would consider wsrc's involvement as still a possibility.
While it doesn't look like WSRC will update its shareholders, I'm waiting on this month's quarterlies of the others to see if there is any mention of it or removal from the assets. Its almost like r*shn and G*ps propped up their assets all this time with the tentative deal. Therefore its one of the most important item in the financials that need to be addressed.
RSHN Waiting Patiently
for....
Updates on grants coming this month. For RSHN specifically, those grant updates would be related to Great Rate Freight.
Looks like RSHN's and GRPS' attorney Dolkart Law has issued another payment of $18,000 to the lobbyist, JM Burkman, now totaling $58,000 in services.
https://www.opensecrets.org/lobby/clientlbs.php?id=F317647&year=2019
https://www.opensecrets.org/lobby/client_reports.php?id=F317647&year=2019
Quarterly Reports will be due for RSHN/GRPS 8/15
Update on Forms 1-A for both RSHN & GRPS
-Funding for products
-Funding for subsidiaries
Update from important defense contractor meeting "after labor day" for anti-addiction patch Joint Venture.
GO RSHN!
One possible reason is the the CEO, Felder purchased 1 million shares on 8/7. Filed 8/8.
https://www.otcmarkets.com/filing/html?id=13581524&guid=YxLIUFHS95-pA3h.
Good evening GRPS.
While we wait for the next update, let us be reminded of the big picture, and the potential here....As much as I know many of you love our sole GRPS, to me we need to look at this set-up as a mega-team.
The GRPS & RSHN Set-Up
Gold River Production Services, Inc.
(aka Gold River Productions, Inc. and recently known and still officially named XYZ Hemp, Inc. per Colorado SOS)
Chairman, CMO - Richard Goulding, MD
CEO - Dr. Stuart Miller, MD
COO - Jason Jones
Product Development - Dr. Bruce Bond, DC, DCABN
XYZ Hemp, Inc/GRPS, a Colorado corporation, is a top of the line medical CBD company. With innovative products targeting specific disease states using supplements. New Earth Development Corp., 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.
GRPS Subsidiaries
New Earth Development Corporation / CEO - Joshua Spooner
-Large Scaled Carbon Farming and the Production of Nano Superconductors and High performance materials (graphene) through the growing of a carefully tested and specially selected strain of hemp. New Earth is seeking $400 million in government funding.
LeGanja Fairy, LLC / CEO - Shane Archibald
-Existing Washington State Marijuana producer and processor with monthly sales around $30-35,000.
Marakata, LLC / CEO - David Hartley
-Marakata LLC aims to acquire cannabis (including hemp) related cultivation and retail facilities in California. The facilities are fully permitted or are in late stages of the application procedure. Marakata has acquired facilities for CBD and THC cultivation, manufacturing, distribution and retail. (Need more details)
Potential GRPS Revenue Streams
Revenue from GRPS products, including but not limited to the following products mentioned:
Energyplex™ - http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4810:u2d7k6.3.1
Painplex™ - http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4810:u2d7k6.4.1
Insominoplex™ -http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4810:u2d7k6.7.1
Stressplex™ - https://trademarks.justia.com/884/82/stressplex-88482242.html
Inflammaplex™ - Link not available yet. ™ is currently filed as abandoned by another user.
The Defender - It utilizes organic CBD and pharmaceutical grade fish oil and a unique blend of organic medical herbs to create an anti-inflammatory compound.
Other Future Products in Development:
-CBD Tobacco Free (Smoke cessation cbd)
-Step Down Cigarettes (Smoke cessation aid)
-Sleep Aids (Melatonin + CBD)
-Yip Nip: CBD for athletes
-Nanotechnology for use with CBD by Dr. Stuart Miller (not yet patented)
-Anti-inflammatory compounds with CBD
-CBD Water (through RSHN)
-CBDTV
Revenue from New Earth Development Corporation (Govt Contracts/Funding for Graphene)
Revenue from revenue sharing interest in LeGanja Fairy, LLC
Revenue from revenue sharing interest in Marakata, LLC
Revenue from JV with APRU for CBD Infused Sparkling Blueberry
Revenue from JV with RSHN for Stuart Miller’s CBD Nano Delivery Technology (Licensing of Tech)
Revenue from JV with Premier BioMedical, Inc for anti-addiction patch, and potentially PTSD treatment. (Govt Contracts for DoD)
Rushnet, Inc.
Chairman, CMO - Richard Goulding, MD
CEO - Frank DeAngelo
COO - Jason Jones
RushNet, a Colorado corporation, is an edibles and beverage based company with stand-alone products, including most enhanced with CBD. Currently, we have developed 14 Products that will take advantage of the natural and non-GMO grow, pristine mineral water enhancement and natural CBD.
Rushnet Subsidiaries
Hemp Hub, Inc. / CEO - David Atkins
-E-Commerce Website to be launched
Great Rate Freight, Inc. / CEO - Chuck Balandrin
-In-house, economical shipping using Independent Truckers
Cal City Concentrates (closely associated with Cal City Cultivators) CEO - Jason Jones
-Small scale cultivation, CBD processing and manufacturing facility to be built.
Bella Buds, Inc. / CEO - Stephen Parente
-Existing E-Commerce Website geared toward wholesale sales (using Theramu products with Bella B label)
Investment Partner Holdings, LLC / CEO Stephen Parente
-Existing financial services company to be utilized.
Potential RSHN Revenue Streams
Revenue from 14 Products, including but not limited to the following mentioned:
Knockout Punch (™)
Knockout Punch™ comes in a small vial and is used before or after participating in any physical activity that may result with a blow to the head. Made from high quality organically grown CBD.
Knockout Punch (™) Sleed Aid
The combination of CBD and melatonin in Knockout Punch™ has also been shown to aid in a deep, restful, recovery sleep. Knockout Punch™ for sleep will involve several propietary ingredients and techniques making a perfect and better alternative to what is currently on the market for sleep aid.
KO Punch
Details to be clarified
EWater
E water is pure water unadulterated with toxic chemicals such as chlorine. Enriched with natural minerals from pristine untapped aquifers, this water will be further augmented with important minerals that are backed with significant scientific evidence of anti-inflammatory and anticancer properties.
CWater
Cancer fighting cannabinoid water (Details unknown)
SobriPlex CBD
Proprietary formulation developed by Dr. Goulding and Bruce Bond, DC - which, among other benefits, is designed to alleviate some of the adverse effects of alcohol consumption, including the minimization of a hangover and the minimization of brain cell depletion.
CBD Enhanced Blueberry Apple Rush
-- 1/3/19 RushNet reports that the testing of the CBD enhanced blueberry drink of Apple Rush was successful beyond expectations. A full spectrum supercharged beverage has been created. We are pursuing distribution outlets regarding this exciting product.
Revenue from Hemp Hub, Inc. (most likely advertising revenue if the platform is widely used)
Revenue from Great Rate Freight, Inc. (Subscription Fees from Independent Truckers, etc)
Revenue from Cal City Concentrates
Revenue from Bella Buds, Inc.
Revenue from Investment Partner Holdings, LLC
Revenue from revenue sharing Interest in New Earth Development Corp. (Govt Contracts for Hemp Graphene Production)
Revenue from revenue sharing interest in LeGanja Fairy, LLC
Revenue from revenue sharing interest in Marakata, LLC
Revenue from JV with APRU for CBD Infused Sparkling Blueberry
Revenue from JV with GRPS for Stuart Miller’s CBD Nano Delivery Technology (Licensing of Tech)
Revenue from JV with Premier BioMedical, Inc for anti-addiction patch, and potentially PTSD treatment. (Govt Contracts for DoD)
Other “Participating Companies”, or associated businesses:
Rhamnolipid, Inc. (Seeking $48 million in grants for its patented crop protecting technology)
Rooshine, Inc. ($1 million dollar order once product is developed)
Pillars Recovery (Trials are being done at this treatment facility)
TKS Solutions, LLC (BuddyApp)
Manchester University (Link)
Harper International (Link)
Premier BioMedical, Inc.
Upcoming Events for both RSHN & GRPS
Updates on grants expected in August
2nd Quarter Report 8/15/19
Tier 2 Reg. A Offering (Form 1-A) to be filed. Should be qualified by SEC in October or November if filed this month.
PCAOB Audited Financials that come with the Form 1-A filing
GO GRPS!
Good evening RSHN.
While we wait for the next update, let us be reminded of the big picture, and the potential here....
The RSHN & GRPS Set-Up
Rushnet, Inc.
Chairman, CMO - Richard Goulding, MD
CEO - Frank DeAngelo
COO - Jason Jones
RushNet, a Colorado corporation, is an edibles and beverage based company with stand-alone products, including most enhanced with CBD. Currently, we have developed 14 Products that will take advantage of the natural and non-GMO grow, pristine mineral water enhancement and natural CBD.
Rushnet Subsidiaries
Hemp Hub, Inc. / CEO - David Atkins
-E-Commerce Website to be launched
Great Rate Freight, Inc. / CEO - Chuck Balandrin
-In-house, economical shipping using Independent Truckers
Cal City Concentrates (closely associated with Cal City Cultivators) CEO - Jason Jones
-Small scale cultivation, CBD processing and manufacturing facility to be built.
Bella Buds, Inc. / CEO - Stephen Parente
-Existing E-Commerce Website geared toward wholesale sales (using Theramu products with Bella B label)
Investment Partner Holdings, LLC / CEO Stephen Parente
-Existing financial services company to be utilized.
Potential RSHN Revenue Streams
Revenue from 14 Products, including but not limited to the following mentioned:
Knockout Punch (™)
Knockout Punch™ comes in a small vial and is used before or after participating in any physical activity that may result with a blow to the head. Made from high quality organically grown CBD.
Knockout Punch (™) Sleed Aid
The combination of CBD and melatonin in Knockout Punch™ has also been shown to aid in a deep, restful, recovery sleep. Knockout Punch™ for sleep will involve several propietary ingredients and techniques making a perfect and better alternative to what is currently on the market for sleep aid.
KO Punch
Details to be clarified
EWater
E water is pure water unadulterated with toxic chemicals such as chlorine. Enriched with natural minerals from pristine untapped aquifers, this water will be further augmented with important minerals that are backed with significant scientific evidence of anti-inflammatory and anticancer properties.
CWater
Cancer fighting cannabinoid water (Details unknown)
SobriPlex CBD
Proprietary formulation developed by Dr. Goulding and Bruce Bond, DC - which, among other benefits, is designed to alleviate some of the adverse effects of alcohol consumption, including the minimization of a hangover and the minimization of brain cell depletion.
CBD Enhanced Blueberry Apple Rush
-- 1/3/19 RushNet reports that the testing of the CBD enhanced blueberry drink of Apple Rush was successful beyond expectations. A full spectrum supercharged beverage has been created. We are pursuing distribution outlets regarding this exciting product.
Revenue from Hemp Hub, Inc. (most likely advertising revenue if the platform is widely used)
Revenue from Great Rate Freight, Inc. (Subscription Fees from Independent Truckers, etc)
Revenue from Cal City Concentrates
Revenue from Bella Buds, Inc.
Revenue from Investment Partner Holdings, LLC
Revenue from revenue sharing Interest in New Earth Development Corp. (Govt Contracts for Hemp Graphene Production)
Revenue from revenue sharing interest in LeGanja Fairy, LLC
Revenue from revenue sharing interest in Marakata, LLC
Revenue from JV with APRU for CBD Infused Sparkling Blueberry
Revenue from JV with GRPS for Stuart Miller’s CBD Nano Delivery Technology (Licensing of Tech)
Revenue from JV with Premier BioMedical, Inc for anti-addiction patch, and potentially PTSD treatment. (Govt Contracts for DoD)
Gold River Production Services, Inc.
(aka Gold River Productions, Inc. and recently known and still officially named XYZ Hemp, Inc. per Colorado SOS)
Chairman, CMO - Richard Goulding, MD
CEO - Dr. Stuart Miller, MD
COO - Jason Jones
Product Development - Dr. Bruce Bond, DC, DCABN
XYZ Hemp, Inc/GRPS, a Colorado corporation, is a top of the line medical CBD company. With innovative products targeting specific disease states using supplements. New Earth Development Corp., 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.
GRPS Subsidiaries
New Earth Development Corporation / CEO - Joshua Spooner
-Large Scaled Carbon Farming and the Production of Nano Superconductors and High performance materials (graphene) through the growing of a carefully tested and specially selected strain of hemp. New Earth is seeking $400 million in government funding.
LeGanja Fairy, LLC / CEO - Shane Archibald
-Existing Washington State Marijuana producer and processor with monthly sales around $30-35,000.
Marakata, LLC / CEO - David Hartley
-Marakata LLC aims to acquire cannabis (including hemp) related cultivation and retail facilities in California. The facilities are fully permitted or are in late stages of the application procedure. Marakata has acquired facilities for CBD and THC cultivation, manufacturing, distribution and retail. (Need more details)
Potential GRPS Revenue Streams
Revenue from GRPS products, including but not limited to the following products mentioned:
Energyplex™ - http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4810:u2d7k6.3.1
Painplex™ - http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4810:u2d7k6.4.1
Insominoplex™ -http://tmsearch.uspto.gov/bin/showfield?f=doc&state=4810:u2d7k6.7.1
Stressplex™ - https://trademarks.justia.com/884/82/stressplex-88482242.html
Inflammaplex™ - Link not available yet. ™ is currently filed as abandoned by another user.
The Defender - It utilizes organic CBD and pharmaceutical grade fish oil and a unique blend of organic medical herbs to create an anti-inflammatory compound.
Other Future Products in Development:
-CBD Tobacco Free (Smoke cessation cbd)
-Step Down Cigarettes (Smoke cessation aid)
-Sleep Aids (Melatonin + CBD)
-Yip Nip: CBD for athletes
-Nanotechnology for use with CBD by Dr. Stuart Miller (not yet patented)
-Anti-inflammatory compounds with CBD
-CBD Water (through RSHN)
-CBDTV
Revenue from New Earth Development Corporation (Govt Contracts/Funding for Graphene)
Revenue from revenue sharing interest in LeGanja Fairy, LLC
Revenue from revenue sharing interest in Marakata, LLC
Revenue from JV with APRU for CBD Infused Sparkling Blueberry
Revenue from JV with RSHN for Stuart Miller’s CBD Nano Delivery Technology (Licensing of Tech)
Revenue from JV with Premier BioMedical, Inc for anti-addiction patch, and potentially PTSD treatment. (Govt Contracts for DoD)
Other “Participating Companies”, or associated businesses:
Rhamnolipid, Inc. (Seeking $48 million in grants for its patented crop protecting technology)
Rooshine, Inc. ($1 million dollar order once product is developed)
Pillars Recovery (Trials are being done at this treatment facility)
TKS Solutions, LLC (BuddyApp)
Manchester University (Link)
Harper International (Link)
Premier BioMedical, Inc.
Upcoming Events for both RSHN & GRPS
Updates on grants expected in August
2nd Quarter Report 8/15/19
Tier 2 Reg. A Offering (Form 1-A) to be filed. Should be qualified by SEC in October or November if filed this month.
PCAOB Audited Financials that come with the Form 1-A filing
GO RSHN!
Good afternoon RSHN
Things should start happening here soon.
2nd Quarterly Report by 8/15
Grant Initiatives
"Dr. Richard Goulding is quoted as saying “We have been assured that our grant initiatives are very competitive. While the government shutdown has created substantial delay, our lobbyists anticipate answers to all of our submissions will be rendered by early August, which is when the real work on many of these endeavors can finally commence in earnest.”
Rushnet, Inc is seeking the following 3 grants for its subsidiary Great Rate Freight, Inc.:
Freedom Fleet Initiative by Great Rate Freight - $50,000,000 from Department of Homeland Security (Website:https://freedomfleetinitiative.com/)
Great Rate Freight - $10,000,000 from Federal Highway Association
Truckers Coalition of North America by Chuck B/GRF - $10,000,000 from Federal Highway Association
Total RSHN related grant proposals: $70,000,000
Form 1-A Tier 2 Reg. A Offering (RSHN and/or sister)
On June 27, it was noted that it should be filed within 30 days. We are currently at day 41. Any day scenario with this news item. It is known that companies generally stay quiet until they go on their roadshow promoting the raise.
Things likely to be funded by 1-A (imo)
Product Launch
---GRPS - 4 Trademarked Products
---RSHN - 14 Products
Close Acquisitions
-Potentially WSRC still in play?
-Funding Cal City Concentrates start-up
-LeGanja Fairy
-Bella B
-Investment Partner Holdings
-Ensure all revenue sharing investments in GRPS' subsidiaries are paid in full and closed for New Earth/HempHub/GRF
Looking for Updates on Other Things
Updates on distribution for products
Updates that include revenue forecasts for all of the various subsidiaries
Updates on Joint Ventures
Soon enough this is going to rocket. Go RSHN
Speaking of the JV News, the JV partner 8k'd the news release today, as required by sec filing requirements, since Premier is an sec reporting company, signing a JV agreement is a material event.
Link
Go RSHN
I happened to notice afterwards that the news popped up on the OTC pages for GRPS and R*HN under News. It didn’t get put under OtC News & Disclosure Service. It was however under OtC News and Disclosure service for BIEI. Perhaps BIEI paid for the news?
Go GRPS
While the news was very good and unexpected, my observation is that both tickers were excluded, and Gold river was not mentioned. Therefore, It also never came across my E*TRADE newswire, so I don’t think it was widely read news. As with all the things coming in the pipeline, it was surprising, for sure. More surprises will come.
Have a good day RSHN
Good evening RSHN. Just sharing some DD as I usually do. I have been away.
Lets start with LeGanja Fairy...
There is all kinds of legit info on Leganja Fairy. There is no missing address as I just saw questioned, and the sales are even tracked online. Someone asked what the sales were. See below. Its all there, and was shared here before when it was announced.
LeGanjaFairy, LLC
Washington State Licensed Marijuana Producer / Processor. Established in 2015
Website: https://leganjafairy.com/#
Street Address: 6021 E. Mansfield Ave., Suite 700, Spokane Valley, WA 99212
Mailing Address: 2915 W Horizon Ave., Spokane, WA, 99208
I502 PRODUCER / PROCESSOR / Washington UBI # 603 348 456
Sales Data
https://www.topshelfdata.com/wa/spokane-valley/leganjafairy
https://www.502data.com/license/415692
CEO - Shane Archibald
shane@leganjafairy.com
Shane brings over 20 years of traditional business and project management experience in the IT, Transportation, Aerospace and Construction industries as a consultant, trainer, author and speaker to the developing cannabis industry.
Licensed as both a Tier 3 Marijuana Producer and a Marijuana Processor. In business for more than four years, 2019 year-to-date revenue of over $215k, total revenue since inception of nearly $1.5 million and an expanding customer base, it offers more than 70 unique strains of Cannabis ranging from strains used for pain relief, high CBD-content, to heirloom strains that have been cultivated since the 1970’s. Customers currently receive their product in the form of flower, extract and in a pre-rolled format.
https://dopemagazine.com/le-ganja-fairy/
Potential Revenue: Based on current YTD sales from the links above at $215,000, I would reasonably estimate annual revenue potential at around $400,000 annually for the LeganjaFairy Business.
With that said, what is everyone's opinion's on the financial arrangement as stated below in the PR?
"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.
Using $400k as the annual estimate, and $200k in expenses, do I have this correct? I am following the sister company closely as well, so I try to understand as much of the financial arrangements as detailed as I can to see I can see what kind of market cap the sisters can attain given their different share structures.
$400,000 Total leganja estimated sales (acquired by grps)
-$200,000 Expenses (distributed by grps)
= $200,000 Net Income annually
65% of net income goes to LeGanja Fairy's business ($130,000)
35% of net income goes to GRPS/RSHN ($70,000)
80% of that 35% will go to GRPS ($56,000)
20% of that 35% will go to RSHN ($14,000)
BTW, I love the latest news, and I was happy I added over a million shares to my other couple million. My average is now lower and my share count is thrice (compared with this time last year).
Go RSHN.
Good afternoon RSHN
We all know not much will happen today. It was a funny little fake out this morning on the $12.50 trade for 25k .0005s. The only 5s since 7/10 and 7/11 when they hit. Now everyone wants 5s as seen on the bid. That is how the MMS entice selling, however it doesn't look like any big longs are losing patience enough to whack the bid.
On days like this, I like to revisit my DD, sharpen it up if I can, or just reassure myself. Here is one piece of confirmation regarding the correct Authorized Shares is 9 Billion and not 12 billion. Follow the publicly filed documents.....
9/27/18
Rushnet, Inc. changes name to Rushnet Transition, Inc.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20151001762&fileId=20181767365
9/27/18
Articles of Incorporation; Rush Merger Sub, Inc. (<----A NEW COMPANY IS FORMED, also with 12 billion shares and 50 million preferred), matching the other share structures of RUshnet/Rushnet Transition)
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768411&fileId=20181768411
9/27/18
Articles of Incorporation; Rushnet, Inc. (<----IS THIS A NEW RUSHNET INC with the matching 12billion share structure. This document does not state that the shares are traded on the otc market under RSHN like the others)
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768333&fileId=20181768333
10/15/18
Statement of Merger
Rushnet Transition Inc. (formerly the old Rushnet,Inc which is our shares) merges with Rush Merger Sub, Inc, and survives as Rush Merger Sub, Inc under Rushnet, Inc (aka Holdco) and Rushnet, Inc./Holdco becomes the public company holding the shares as stated in this merger document)
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768411&fileId=20181810451
10/15/18
PR comes about slashing Authorized Shares
https://www.globenewswire.com/news-release/2018/10/25/1627360/0/en/RushNet-Inc-Slashes-Authorized-Shares-and-Outstanding-Shares-Calculated-on-a-Fully-Diluted-Basis-by-79.html
Now comes 11/15/18
Articles of Amendment; Rushnet, Inc. changes Shares to 9,000,000,000.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768333&fileId=20181893194
It is somewhat understandable that it could be confused with 12 Billion, but in my opinino based on these facts, we're at 9 Billion Authorized. OTC changed it to 9 Billion once, but then changed it back. Likely the Transfer agent is confused, and just needs to be shown this information.
Anyone have any thoughts or disagree with this?
Good morning RSHN
Here are some things for your day:
Watch the Live Senate Hearing on Hemp Production & 2018 Farm Bill with the FDA
Click Here for Live Feed
Mitch McConnell highlighted the 3 main issues for the hearing:
1)Crop Insurance
2)FDA
3)Banking (especially credit card)
Dr. Amy P. Abernethy
Principal Deputy Commissioner of Food and Drugs, Office of the Commissioner
U.S. Food & Drug Administration
Link to her prepared Statement
Looking Ahead with RSHN
8/15 - Next Quarterly Report Due
Updates on Grants anytime between now and ~ 9/23/19
"Our lobbyists are working hard on our numerous grant initiatives and are expecting a decision on most if not all of the grants by the end of summer. "Our lobbyists anticipate answers to all of our submissions will be rendered by early August, which is when the real work on many of these endeavors can finally commence in earnest.”
Form 1-A should by filed within the next few days per their 7/27 PR
"Our line will be financed with the Tier 2 Regulation A offering slated who to be filed within the next 30 days."
Based on averages, it could take 45-70 days to have it qualified, which would put that around October.
New GRF website coming soon:
GreatRateFreight, a subsidiary of RushNet, is completing its logistics-based website and will launch its membership drive working with WGN’s Dane Neal. As a major sponsor, WGN’s Dane Neil will be promoting GreatRateFreight and the Freedom Coalition at this huge event, on social media, on site and other activities to be announced."
Have a great day RSHN.
I encourage everyone to demand facts for all statements and opinions presented here. If you think it is a good company, share why you believe so. If you believe it is a scam, share why you believe so.
Good luck to all
Exactly, Nothing doing here today, except the same usual pathetic behavior.....
Of lots of chatter that RSHN is scam without an ounce of proof provided.
Go RSHN
Nice to see the yield go away today here on POTN.
Was just reading the OTC company description and couldn't help but try to ponder some things.
"PotNetwork Holdings Inc. is committed to growth by the expansion of its subsidiaries and the strategic acquisition of additional businesses."
Hmm expansion of its subsidiaries (Diamond CBD) and strategic acquisitions of additional businesses? Is that new? Seems a bit strategic of POTN to send Dr. Goulding on a quest along with two other doctors (Bond and Miller) to develop products that could be added to Diamond's suite of already well-recognized products. Not only that, multiple businesses have been created (ie. R*HN, G*PS) and acquired (LeGanja Fairy, Cal City Concentrate) that would fit nicely under an umbrella called Potnetwork Holding.
From Goulding's OTC profile:
Along with Doctors Stuart Miller and Dr. Bruce Bond, Dr. Goulding is currently involved in the formulation of CBD products, including several of his creation, now being perfected for further efficacy testing. The medical team is also preparing for clinical studies for several of those products.
The only products I know of that Dr. Goulding is creating are the following:
Knockout Punch (R*HN) (Trademark filed under POTN's address)
Painplex (G*PS)
Insominoplex
Stressplex
Energyplex
Another thing to remember is that 2020 will be the first year that hemp is produced commercially under federal USDA regulations, so it is still early for companies in the hemp/cbd/mj space. CBD that is organic, medically-focused, and clinically tested and proven to be effective will be the CBD that people will buy. Dr. Goulding understands that Chill Gummies and questionable and unregulated CBD products aren't going to cut it anymore, and I believe we will soon see POTN's plans laid out.
Go POTN
Wrong again. If you read the last quarterly report. It states that there is the intention to issue Mr. DeAngelo shares. No shares have been issued to him as of 3/31. He may or may not hold shares. You and I have no way to know for sure.
Go RSHN
Good morning RSHN. Things should start happening here soon.
Possible banking legislation this week.
CBD enforcement guidelines early August
Quarterly report
Forms 1-A
Grants
Have a good week all.
So it’s garbage why?
Because it’s not on your timeline? Good riddance. Someone gladly took your shares.
Banking hearings this month
Grant updates August
Next quarterly in August
MJ banking/“legalization reform in the fall (after recess)
Form 1-A effective around October
First harvests under USDA regulation will be 2020. Rules coming out in a couple weeks.
Leganja fairy revenues on the books by last quarter.
4 trademarked products in development.
Go GRPS.
RSHN is stealth mode right now waiting for the next catalysts in August.
Yeah the train you posted is what has been going on here since the last run....The factual DD shared for new investors has been drowned out by the misleading claims of scam since inception. Just remember that start-up companies that are pre-revenue are always easy targets.
But seriously, no one is being fooled here. This is a metaphorical picture of many of our so-called friends here at RSHN on the first run.
Now, since it has been run into the ground (like the previous train photo), they are going to be either on the train with us longs this time (the goal), or once again will be chasing.
Read the DD and make your own conclusions.
Go RSHN
Marijuana Laws in America: Racial Justice and the Need for Reform
Date: Wednesday, July 10, 2019 - 10:00am
Location: 2141 Rayburn House Office Building, Washington, DC 20515
Live Feed:
https://judiciary.house.gov/legislation/hearings/marijuana-laws-america-racial-justice-and-need-reform
List of Witnesses/Speakers
https://docs.house.gov/meetings/JU/JU08/20190710/109758/HHRG-116-JU08-WList-20190710-U2.pdf
Go GRPS!
Lets re-visit some information, such as this piece of info from December 2017 that remains in the I-Box from the beginning stating that RSHN was sold to Potnetwork Holdings. Its one of the reasons that those following potn caught whiff on RSHN.
This is one of the fist reports filed in Colorado for RSHN, which was signed by Randolph Hudson, who at the time was advisor for potnetwork holding. This means an associate/advisor/someone who was hired by potnetwork/whatever you want to call it, caused this document to be filed.
https://www.sos.state.co.us/biz/ViewImage.do?fileId=20171082389&masterFileId=20151804104
Knockout punch was originally applied for under the RSHN colorado address. It was recently revived after they didn't send in a Statement of Use on time. It was revived with the same address as POTNs business address. Richard Goulding was the signatory himself on the petition to revive.
Click on current owner tab. You will see it as Rushnet with POTNs address in FL.
http://tsdr.uspto.gov/?fbclid=IwAR1SC9EaHjCbtrd0KZp-X-zPSnO1ZtpI67Q4U4IX_zKwcakSIQsWhAYchdM#caseNumber=87819511&caseSearchType=US_APPLICATION&caseType=DEFAULT&searchType=statusSearch
This is a picture showing POTNs address.
This is the link to the most recentl filing of the new pOTN address with Colorado on 3/19/19. It has the same registered agent as RSHN, GRPS, New Earth Development Corp, and even other associated companies to RSHN.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20171182699&fileId=20191235050
Messages to Mr. Goulding looking for clarification are clearly being skirted around. He has responded with "can't discuss" as well.
Everyone here knows that RSHN was born from POTN. None of us would even be here if it wasn't for POTN.
Not one piece of factual information has ever been presented to prove this is a scam. Every day it is just a barrage of scam claims here many without facts. Nothing has changed here with RSHN.
Knockout Punch trademark revived. Recent HempHub trademark activity, new knockout punch address as p*tns address, etc. lots continuing to happen behind the scenes, and it will be revealed soon with the coming 1-As that include audited financial statements and detailed discussion and analysis.
Still wating for some evidence that this is a scam. Not one single link or explanation has ever accompanied any claim that it’s a scam.
I back up my research with links, where is the evidence of a scam.
Is there a way to petition to have a moderator removed from a board?
I am on a board where the moderator deletes perfectly fine posts, and restricts members who share good DD to 1 a day to help control the narrative? The moderator also sends threatening private messages.
Thanks
Looks like they are working to get a new website up ASAP.
http://www.grpsinc.com/
https://whois.icann.org/en/lookup?name=www.grpsinc.com
Always a good day, when our lovely GRPS is up!
At the same time, I never mind the frequent MM specials. I like to call them diperoos.
We have held nicely so far this year. I am hopeful for a better 2nd half of this year, leading into 2020, which is the first year the regulations for commercial hemp cultivation are under the USDA. The commercial hemp industry literally hasn't even started yet.
https://cannabislaw.report/usda-anounces-plans-to-promulgate-regulations-in-fall-2019/
On July 10th, at 10AM there is a hearing on how best to approach marijuana legalization. This hearing could impact the impending States Act, and future marijuana legislations.
https://www.marijuanamoment.net/congress-schedules-hearing-to-discuss-ending-marijuana-prohibition/
Grant news (hopefully) in August
Guidance on CBD from the FDA Sometime around August 1
Quarterly Reports 8/15
Update on 1-A filing, maybe some details.
Qualification of 1-A usually takes 60-75 days, so potentially around October for 1-A to be in motion.
Products launched by XMAS would be nice, along with a .05-.25 cent share price.
GO GRPS!
GRPS Subsidiaries:
New Earth Development Corporation
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20191194181&fileId=20191194181
Acquired 3/27/19
(RSHN has revenue sharing interest TBD)
CEO - Joshua Spooner
New Earth’s focus will be Large Scaled Carbon Farming and the Production of Nano Superconductors and High Performance Materials through the growing of a carefully tested and specially selected strain of hemp. With its team of agricultural scientists, New Earth is cultivating a low CBD/THC cultivar, high in fiber and active carbon. The team of engineers and technology partners has more than 20 years experience in biofuel, high performance composites and bio-chemical engineering. And the team is now implementing the most efficacious design to best harness and extract the biofuels from these cultivars.
Potential Revenue: Unknown; Need Forecast and RSHN %
New Earth Development is seeking a grant of $400 million to build a large-scale hemp farm with a special cultivar that can produce high quality graphene for nano superconductors and high performance materials as well as absorb carbon on a large scale.
Link to NED Draft Grant Proposal/Business Plan
New Earth Development is also seeking funding through the Pitchbook platform:
https://pitchbook.com/profiles/company/266406-49
LeGanjaFairy, LLC
Washington State Licensed Marijuana Producer / Processor. Established in 2015
Website: https://leganjafairy.com/#
Street Address: 6021 E. Mansfield Ave., Suite 700, Spokane Valley, WA 99212
Mailing Address: 2915 W Horizon Ave., Spokane, WA, 99208
I502 PRODUCER / PROCESSOR / Washington UBI # 603 348 456
Sales Data
https://www.topshelfdata.com/wa/spokane-valley/leganjafairy
https://www.502data.com/license/415692
CEO - Shane Archibald
Shane brings over 20 years of traditional business and project management experience in the IT, Transportation, Aerospace and Construction industries as a consultant, trainer, author and speaker to the developing cannabis industry.
Licensed as both a Tier 3 Marijuana Producer and a Marijuana Processor. In business for more than four years, 2019 year-to-date revenue of over $215k, total revenue since inception of nearly $1.5 million and an expanding customer base, it offers more than 70 unique strains of Cannabis ranging from strains used for pain relief, high CBD-content, to heirloom strains that have been cultivated since the 1970’s. Customers currently receive their product in the form of flower, extract and in a pre-rolled format.
Potential Revenue: Based on current YTD sales at $215,000, we can approximate annual revenue potential at around $400,000 annually give or take.
Marakata LLC
https://businesssearch.sos.ca.gov/Document/RetrievePDF?Id=201830210136-25676309
5617 Via Junipero Serra, Riverside, CA 92506
CEO - David Hartley
Marakata was formed by California entrepreneur David Hartley, Alex Archie and others to acquire cannabis (including hemp) related cultivation and retail facilities in California. The facilities are fully permitted or are in late stages of the application procedure. Marakata has acquired facilities for CBD and THC cultivation, manufacturing, distribution and retail.
Potential Revenue: Unknown; Need sales data or forecast
Revenue Sharing Interests in RushNet’s Subsidiaries
Great Rate Freight, Inc. / https://greatratefreightinc.com/
Twitter: @GR8R8FR8
Facebook: https://www.facebook.com/GreatRateFreight/
(Shared Revenue Participation with RSHN)
CEO - Chuck Balandrin
GreatRateFreight is completing the development of a streamlined marketplace using logistics technology to service the needs of trucking companies, owner operators, and customers/shippers while facilitating financial transactions and delivery constructs, for the benefit of businesses and for enhanced compensation truck drivers.
Great Rate Freight Market Analysis and Forecast Revenues - Powerpoint Presentation
Video of Great Rate Freight’s Service with Agorz App - Link
Potential Revenue: $66 million in profit projected year 1 (shown in business presentation above), would be shared with RSHN. Those % details are not clear.
Cal City Concentrates/Cultivators
CEO - Jason Jones / LinkedIn
(Shared Revenue Participation with RSHN)
Cal City Concentrates, a Cultivation and Manufacturing company, has been issued permitting by the city of California City, permit number APN: 216-010-31. Cal City’s business operations are on 2.5 acres, utilities including main power line near the parcel, functioning water, and natural gas are present. These 2.5 acres is suitable for growing of CBD and processing, with a manufacturing facility. Experienced operator, Jason Jones, recently appointed as COO of RushNet and XYZ Hemp, seeks to expand and offer bottling for beverages and the capability to add infused CBD to beverages. This will also facilitate the product and beverage creation endeavors of RushNet and XYZHemp.
Potential Revenue: Investment Solicitation Showing $10 million Projection (LINK)
Bella Buds Inc. / Bella B, LLC (Sales Office) / Website: https://bellabudsonline.com/
Director - Stephen Parente
Partner - Julian O. Winston III
(Shared Revenue Participation with RSHN)
Bella B LLC Sales office Formation
GA Articles of Incorporation
Bella Buds, Inc. GA Formation
Principal Address: 2700 braselton hwy, suite 10-137, Dacula, GA, 30019, USA
Sales Office: 11001 W 120th Avenue, Ste 400, Broomfield, CO 80021-3483
Customer Service: 833-235-5223
Bella Buds Online, in association with approved healthcare partners, now serves as a holistic wellness company that researches, develops, manufactures and markets proprietary-formula, non-GMO, clinically-tested, organic hemp-derived, medical-grade cannabinol (CBD) over the counter products for “CHIPS”:
Chronic Pain
Insomnia
Physiological disorders & Mental disorders ( anxiety, depression, insomnia)
Substance Abuse( prescription opioid epidemic, alcohol, etc)
Cancer- all types
Health/General Wellness
PTSD- post traumatic stress disorder
CHIPS impacts >90% of US population addressable market is from $222B with broader market value in excess of $1 trillion
The Opioid epidemic is strangling society; every 19 minutes someone dies from prescription drug abuse. Today, there are.more effective, less toxic treatments which are a top priority of the Federal government, fortunately CBD preparations are at the forefront as alternatives for prescription Opioids and the treatment of addition and now becoming more mainstream and acceptable.
Potential Revenue: Unknown; Need sales data or forecast
Go GRPS!