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The new profile requirements just sent out by the OTC today.
“…companies must provide this information by August 9th in order to ensure that our compliance team can review and update your information prior to the rule’s September effective date.”
Not a ‘peep’ to shareholders in coming up on 2 ½ years – now at least we should know soon if they are actually taking any action.
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REVERSE SPLIT - per "Articles of Amendment", page 2 -- New entity name: HeliosDX By: Ashley Sweat its: Chairman of the Board, CEO :
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768333&fileId=20211307512
"... Effective upon the filing of this Certificate of Amendment with the Secretary of State of the State of Colorado (the “Effective Time”), every 100 shares of Common Stock then issued and outstanding or held in the treasury of the Corporation immediately prior to the Effective Time shall automatically be combined into one (1) share of Common Stock, without any further action by the holders of such shares (the “Reverse Stock Split”); …"
... Was here from the beginning. They, RSHN, never achieved one thing and not 1 cent of revenue in 3 years - and now this is how they end it ...
Strictly Criminal.
Sad Facts:
Nothing has ever actually materialized, been achieved or in any capacity has any tangible business been done here what so ever in coming up on 2 years, since this Latest of many versions of the Rushnet Shell Company started.
This is a 'Cloaked' Shell Company whose stock price has gone Down - and continues to remain Down.
Words of Caution to anyone considering investing in this / putting any more $$$ money in to it...
a lot of people have Lost a Lot of $$$ money on RSHN.
… Exactly – description ‘UPDATED” was posted on this board hours ago, thus influencing and receiving positive replies from others and potentially motivating financial decisions of those reading that post.
On March 16, 2020 Per United States Patent & Trademark Office:
“ABANDONMENT NOTICE E-MAILED - NO USE STATEMENT FILED”
http://tsdr.uspto.gov/#caseNumber=87819511&caseType=SERIAL_NO&searchType=statusSearch
That is just shy of 2 months ago and
1) Yet then Investors have NOT been notified of this important and company direction changing development and…
2) The OTC has NOT been updated – leaving this falsely inaccurate and misleading information of the description of the company to potentially influence and motivate the financial decisions of possible investors.
3) Since Knockout Punch is Not then Trademarked and owned by Rushnet as still is stated… and the basis of the knockout Punch Trademark is described in this description as pretty much the entire basis of Rushnet --- Then None of this applies
The lack of addressing this is Dishonest, Period.
… Aaaand lets not forget - Nothing has ever actually materialized, been achieved or in any capacity has any tangible business been done here what so ever in coming up on 2 years, since this version of Rushnet started:
“WOW! What A--Holes to F--- with people financially, ...especially in times such as these!”
As to their “New” Company Description just ‘updated’ on the OTC:
There is NO / they do NOT own a/the “Knockout Punch” Trademark.
The Trademark application is “DEAD/APPLICATION/Refused/Dismissed or Invalidated”
Link to United States Patent & Trademark Office – Knockout Punch :
http://tsdr.uspto.gov/#caseNumber=87819511&caseType=SERIAL_NO&searchType=statusSearch
This was posted here before and surely those Pinocchio’s @ Rushnet are well aware of this – YET – they just updated the OTC Company Description:
https://www.otcmarkets.com/stock/RSHN/overview
"COMPANY DESCRIPTION
Rushnet has historical ties to the beverage industry and while this will be a focus with the development of its trademarked "Knockout PunchTM" products line, Rushnet will develop and manufacture products from the underserved areas and sectors of CBD production. Full spectrum, nanotized CBD will be an important component of Knockout PunchTM's three beverage lines. Focusing on edibles and acquiring companies with significant financial future, Rushnet has associates in the medical, nutraceutical, cultivation and logistics industries. With a focus on health, wellness, the heart of RSHN is products that are fun, healthy and will improve the quality of life. Having financed a noted lobbyist to secure a number of government grants, RSHN is poised for the future."
WOW! What A--Holes to F--- with people financially, ...especially in times such as these!
…Pants on Fire, nose as long as a telephone wire!
Re: RushNet "Knockout Punch" Trademark
Status = "ABANDONED"
Due to inability to file 'Statement of Use', aka prove 'use' of the Mark
Link:
http://tsdr.uspto.gov/#caseNumber=87819511&caseType=SERIAL_NO&searchType=statusSearch
Since July 2018, over 1 year 8 months and counting, not 1 - One achievement in any capacity - there is absolutely No business being conducted here what so ever; just a continual 'carrot on a stick' of lies
Other companies have proceeded with CBD beverages, edibles, cigarettes, Graphene, hemp/cbd farming and the transport of - Nothing at all by this 'company'
This is nothing short of "THEFT"; an absolute Grand Larceny that continues based on carefully fabricated Lies timed & stated as pushing the boundaries of "Safe Harbor Statements"
WHITE COLLAR CRIME
...To Gouldings & all others involved - Your time is going to come...
"Don't Drop the Soap!"
* This is relevant to – same stated applies to GRPS … NO actual business being conducted – NO actual achievements what so ever …Nothing but a methodically Criminal enterprise which has and continues to STEAL money
Re: "Knockout Punch" Trademark
Status = "ABANDONED"
Due to inability to file 'Statement of Use', aka prove 'use' of the Mark
Link:
http://tsdr.uspto.gov/#caseNumber=87819511&caseType=SERIAL_NO&searchType=statusSearch
Since July 2018, over 1 year 8 months and counting, not 1 - One achievement in any capacity - there is absolutely No business being conducted here what so ever; just a continual 'carrot on a stick' of lies
Other companies have proceeded with CBD beverages, cigarettes, Graphene, hemp/cbd farming and the transport of - Nothing at all by this 'company'
This is nothing short of "THEFT"; an absolute Grand Larceny that continues based on carefully fabricated Lies timed & stated as pushing the boundaries of "Safe Harbor Statements"
WHITE COLLAR CRIME
...To Gouldings & all others involved - Your time is going to come...
"Don't Drop the Soap!"
Others have now already done what I believed / why I invested in RSHN due to their promises (Safe Harbor for Pinocchio's - though)
https://ordercbdwater.com/
Nothing at all - nothing - Not one thing has Actually been accomplished.
A water, E water, Knockout Punch ....Big Deal, others are already producing and selling basically the same. The value of those promises from 1 year ago is now $0.00 - and if they ever actually produce any of it, is severely diminished.
Actions speak louder than words ...No action - None what-so-ever.
They have squandered the water products possibilities. It is doubtful this will ever come to fruition and if it ever does, others are already way ahead - again, this aspect of the business is now severely devalued at the very least.
There are other companies producing CBD water products - NO, the FDA have not prevented them from producing; they have found a way.
Where is that harvest from last fall? The $2,000,000+ in orders (of what) that was mentioned? and on & on & on & on & on....
In since last July, I sooooo wanted to believe that this was for real. Like many, you keep ignoring the 'blips' on Scam radar and keep, keep, keep believing.
The acquisitions are broken down, worthless companies... Wow a Wopping $27K supposedly paid for Great Rate Freight, and now as it sits idle, with No proof or gaurantee of supposed Grants, it is now worth ... $0.00. On & On & On this area as well. The IPO ...what - Wow!! - what they can get away with. The brief reference in it to ENTI, then removed, but got people to buy stock from their ENTI associate under this belief ...look up that guy / company - Birds of a Feather...
There is no excuse - None what so ever for the Water products not being on the market - Not even updated progress, No progress at all - especially as other legit businesses are forging ahead in this market.
The web site is an embarrassment. Look at it - this is the face of our investment? Fifth grade students could offer better. Look at the bottle for Knockout Punch ...1800's Snake Oil salesman style bottle depicted - Wow!
Not bashing as it is all True - Given the stock savvy experience and business experience of those running this ...the painful realization of what this actually is ...
What a Shame here ... No PROOF of anything to the contrary.
"Thar she blows"
…StockWhale added CNBX 1 day ago
“Chart looking perfect just did many different technicals on it. Get ready. $CNBX”
…StockWhale removed CNBX 22 hours ago
Buy and Hold, Retire before your old! …CNBX Lovey!
RE: Pay the Lady
Yes, overall good news. Not thrilled about the 'D' (dillution) word, but they struck a business deal to continue research. The art of the deal is some give and take. We are in on the ground floor and heading up... there will be some stops along the way.
Also, a Howell appreciates the honesty of their report ..."No one can pull the wool over my eyes, Cashmere maybe, but wool. Never!"
CNBX for the Long Haul, Lovee!
Today’s full company statement “Prospectus” can be viewed at:
https://ih.advfn.com/p.php?pid=nmona&article=74550157
They state the following about 'dilution' as related to this dealing:
“You will experience immediate and substantial dilution.
The offering price per share in this offering exceeds the net tangible book value per share of our common stock outstanding prior to this offering. After giving effect to the sale of 4,500,000 shares by us in this offering, and after deducting the estimated offering expenses payable by us, you will experience immediate dilution of $1.2855 per share, representing the difference between our as adjusted net tangible book value per share as of February 28, 2017, after giving effect to this offering and the average offering price. See the section entitled “Dilution” on page S-8 below for a more detailed illustration of the dilution you will incur if you participate in this offering.”
&
DILUTION
Our net negative tangible book value as of February 28, 2017, was approximately $(177,866), or $(0.0016) per share. Net negative tangible book value per share is determined by dividing our total tangible assets, less total liabilities, by the number of shares of our common stock outstanding as of February 28, 2017. Dilution with respect to net tangible book value per share represents the difference between the amount per share paid by purchasers of shares of common stock in this offering, and the net tangible book value per share of our common stock immediately after this offering.
After giving effect to the sale by us of 3,000,000 shares of our common stock at the offering price of $1.00 per share and assuming the sale of 1,500,000 shares of our common stock at the offering price of $2.00 per share, and after deducting the estimated offering expenses payable by us, our as adjusted net tangible book value as of February 28, 2017, would have been approximately $5,702,134, or $0.0478 per share. This represents an immediate increase in net tangible book value of $0.0494 per share to existing stockholders and immediate dilution of $1.2855 per share to investors purchasing our common stock in this offering. The following table illustrates this dilution on a per share basis:
Average Public offering price per share $ 1.33
Net tangible book value per share as of February 28, 2017 $ (0.0016 )
Increase in net tangible book value per share attributable to investors purchasing our common stock in this offering $ 0.0494
As adjusted net tangible book value per share after this offering 5,702,134
Dilution per share to investors purchasing our common stock in this offering $ 1.2855
The above discussion and table are based on 114,676,233 shares outstanding as of February 28, 2017.
To the extent that outstanding options or warrants have been or may be exercised or other shares issued, investors purchasing our common stock in this offering may experience further dilution. In addition, we may choose to raise additional capital due to market conditions or strategic considerations even if we believe we have sufficient funds for our current or future operating plans. To the extent that additional capital is raised through the sale of equity or convertible debt securities, the issuance of these securities could result in further dilution to our stockholders.
Signed up for email alerts from Colorado Sec. of State for Endo Biosciences , Inc. and just received a confirmation email of filing of name change renewal today:
"A Message from the Colorado Secretary of State
This email is notification that the following document has been filed for Endo BioSciences Inc : Statement of Renewal of Reservation of Name
For more information, please review the record by visiting our website, www.sos.state.co.us. Select "Business Organizations" on the left and then click on "Search". You can search for the record by entering either the record name or ID number."
... and from the Secr. of State web site:
History and Documents
Name: Endo BioSciences Inc
ID number: 20171021774
Print-friendly version Print-friendly version
Found 2 matching record(s). Viewing page 1 of 1.
# Event Date Filed Date Posted EffectiveDate Click here to sort in ascending order. Document #
(click to view) Comment
1 Statement of Reservation of Name 01/09/2017 01/09/2017 01/09/2017 12:09 PM 20171021774
2 Statement of Renewal of Reservation
of Name 05/09/2017 05/09/2017 05/09/2017 03:05 PM 20171359857
.... UBQU (Endo BioSciences, Inc.) Lovee!
"No one can pull the wool over my eyes, Cashmere maybe, but wool, never!"
...UBQU for the long haul, Lovee!
UBQU Lovee! ...a Howell always picks a Winner!