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(smell, speaking in general, not replying to you specifically)
Result of this news that everyone hounded the CEO for...
No more stock dividend (free shares) of HeliosDX
No more ability to buy discounted shares of HeliosDX
No more sweetener (additional free shares) for buying the discount
No more guarantee of ending up with 3 separate stocks. Now we must wait to hear if any one or more will be split off in the future.
No more share conversion to reduce the RSHN share structure, resulting in no current guidance on reducing RSHN share structure. (before today, we at least knew there some plan and it would be up to shareholders to execute it.
No more offering to raise money. If RSHN dually lists on the TSXV it may raise funds, but no more US offering. We must try to uplist from OTC as RSHN.
Before todays News
RushNet, Inc. (Original Company)
HeliosDX (As of July 1 under RSHN) (was under RSHN going to be split off)
Grandeza Healthecare (As of August 22)
After todays News
RushNet, Inc. (Original Company)
HeliosDX (As of July 1 under RSHN)
Grandeza Healthecare (As of August 22)
Tell me again how this adds value to RSHN?? We were told we were going to get stock dividends.
Many here thought RSHN would be more valuable remaining as one company with subsidiaries. Why? Now that we got that news, does it not make anyone realize that we already had all subsidiaries under RSHN for many weeks now?
There was weeks and weeks of progression here building up on the spin-off idea (free shares, discounted shares, then a sweetener, etc) and now all of that has gone by the wayside. Very disappointing development, to me anyways.
Looking forward to the announcement on how much the purchase orders are from both All Star Health and Virexit. Both, I believe, buy the products up front and sell on their website. It will be nice if we get an estimate on how many units are being sold that we can track anticipated revenue.
It looks like the share counts at the very top of the document and also on the 2nd page were not updated to reflect 2nd quarter. The initial filing for 2nd quarter had the 1st qtr share counts in those spots.
Should be back to current early next week...However I am perplexed that they allow such silly mistakes.
Things will slowly start to fall into place. Many more catalysts here through 2022 as RushNet grows their operation.
RushNet, Inc. RSHN (The primary stock)
HeliosDX (to be split off, RSHNers will receive a 2nd stock and benefits as previously PRed)
-$10m acquisition on the way by end of year that will be under HeliosDX.
-Toronto Stock Exchange Listing
-Form 1-A Offering
RushNet legacy CBD (to be split off, you will receive a 3rd stock)
-Who knows what we will get
Grandeza Healthcare (will remain under the Holding company RushNet, Inc. RSHN)
-Share reduction will take place via share conversion to HeliosDX.
-In the coming months, Grandeza expects rapid growth as it intends to add a department within the company focused on temporary healthcare employment.
Future acquisitions may or may not be split off as mentioned in the interview, and will likely fall under the RushNet, Inc. holding company. (more possible stock dividends and/or value for RSHN).
GRPS MD Vs Chiropractor
I know that Helios' 2nd qtr numbers were posted under research, but are we supposed to have something posted under disclosure for 2nd qtr financials? No late notice either.
New Earth Development Corp. re-activated with Colorado SOS.
Thank you Dr. Rick for a great weekend in Orlando and bringing together great speakers to educate doctors on how to make a difference in the lives of others.
https://twitter.com/DrBruceBond/status/1424751557762064385
Now to go down the Pacific Stem Cells rabbit hole...
Pacific Stem Cells, LLC was acquired by DFCO's subsidiary in February 2021.
https://www.prnewswire.com/news-releases/dalrada-financial-corporation-completes-acquisition-of-pacific-stem-cells-llc-301222079.html
Pacific Stem Cells website is parked.
http://www.pacificstemcells.com/
Pacific Stem Cells Videos
https://vimeo.com/channels/pacificstemcellsfilms
It is possible that that StemSpa may be another version of what Pacific Stem Cells did, but here RG is in front of a slide that says Pacific Stem Cells, so just wondering if anyone else has any suggestions
Gold River Productions, Inc. Information Pack
Dedicated to changing people’s lives, Gold River is a groundbreaking company aiming at improving quality of life and longevity. Our diverse products and interests include nutraceuticals, CBD, land, education and more. With a unique staff of talented physicians, cultivators, and CBD experts, we are poised to tackle different disease states at an unprecedented level. Utilizing years of experience in herbals, rare cannabinoids, traditional and non-traditional methods of patient care, we are in the unique position to utilize CBD and herbals in the most effective ways possible. Emphasis on what already works, then augmenting effective formulas with high-quality cannabinoids in therapeutic levels, can achieve unprecedented symptom control in a myriad of disease states.
Stock Info
Pink Current / Verified Profile
1,300,000,000 Authorized
1,266,089,842 Outstanding Shares (Restricted: 211,198,093 / Unrestricted 1,054,891,749)
OTC disclosures & Financials: https://www.otcmarkets.com/stock/GRPS/disclosure
2nd QTR should be posted 8-15
On 2/28/21, the company updated its articles to include this note regarding toxic debt and no reverse stock split:
“The Corporation shall not issue any convertible promissory notes, convertible preferred stock or
other convertible instruments. The Corporation shall not engage in a reverse stock split.”
Articles of Amendment
Website: https://www.grpsinc.com/
Twitter: https://twitter.com/grpsinc
Dr. Bond's Twitter: https://twitter.com/DrBruceBond
Contact Info
Gold River Productions, Inc.
1419 Chafee Dr., Suite 3
Titusville, FL 32780
info@grpsinc.com
Company Video
https://www.youtube.com/watch?v=l5jg5Xvjf1o
Products Available for Pre-Order
https://doctorbondsgummies.com/
*please note that this is a pre-order as noted on the page..
Company Trademarks & Applications
https://uspto.report/company/Grps
Quarterly Podcast with the Slight Edge
Episode 1: https://podcastpeteslight.podbean.com/e/the-slight-edge-grps-001/
^ BTW in this podcast, they say that GRPS has plenty of cash on-hand.
https://www.grpsinc.com/grps-podcast/ - The GRPS website has a field to submit topics for them to cover in next quarter’s podcast.
Important notes from the most recent financial disclosures:
NOTE 3 - INVESTMENTS AND JOINT VENTURES
The Company uses the term inputs for the valuation of joint ventures and investments. The Company intends to hold investments for a term longer than one year. The Company’s investments are not traded regularly on open markets and the valuation can be very subjective. For the years ended December 31, 2020 and 2019, the Company viewed all investments as Level 3 investments with an ending value of $516,250 and $70,750, respectively. The values remain the same at March 31, 2021.
NOTE 10 - STRATEGIC ALLIANCES
During 2019, the Company entered into a strategic alliance with LeGanjaFairy LLC (LeGanja) and RushNet Inc. (Rush). As part of this alliance, LeGanja will be provided $5,000,000 in funding in exchange for their gross revenues from operations being assigned to an escrow account. Those gross revenues, less a variable percentage, will belong to the Company and paid out according to the agreement with LaGanja and RushNet Inc. During the year ended December 31, 2020 LaGanja failed to provide financial statements in accordance with the strategic agreement for the 3rd and 4th quarters. At this time, the Company is evaluating whether or not to continue with the agreement.
During 2020, the Company entered into a strategic alliance with Able Academics LLC (Able). As part of this alliance, Able will be provided $7,500,000 in funding in exchange for their gross revenues from operations being assigned to an escrow account. Those gross revenues, less a variable percentage, will belong to the Company and paid out according to the agreement with Able. During the three months ended March 31, 2020 those revenues totaled $868,871.
https://backend.otcmarkets.com/otcapi/company/financial-report/287288/content
Here is a Chronological Rundown of Recent Product Development News & Company Updates
**All of this information is pulled from their Twitter Feed or PRs
May 23 - Company offers a look-ahead, and notes minor issues with Shopify.
In the next few weeks we will be excited to reveal a lot of the details regarding partnerships, doctor networks, crucial affiliates. Shopify is being addressed. Many companies have Cbd policies that are difficult to navigate properly. We have hired a terrific marketing firm.
June 1 - Company asks for patience
We are entering a phase of our operations that will demand a significant amount of extra time and attention. Although our social media updates will be reduced, we appreciate your patience as we work to finalize agreements that we believe will bring great value to our organization
June 16 - Announced contract with Eden Labs for Painplex, Energyplex, & Inflammaplex
We are committed to quality, which is why we contracted with the best in the business—Eden Labs to help make PAINPLEX, ENERGYPLEX, and INFLAMMAPLEX a reality. What's unique about Eden is their ability to extract properly (ethanol extraction at specific ratios).
https://www.edenlabs.com/
June 16 - Announced contract with HoliHemp in Washington State to produce the gummies line of products
Holihemp, in WA, was contracted to make our gummies due to their broad range of applications and a reputation for using Compliant Hemp Oil Distillate. Their ability to insert large quantities of rare cannabinoids in gummies without sacrificing taste was key. They operate a stellar facility that meets state, fed, and intl regulatory standards.
https://www.holihemp.com/
June 17th - Announced their partnership with Laurelcrest CBD for CBD source
We'd like to share with you our first class source for product. LAURELCREST. They were able to institute our precise targeted formulations utilizing large amounts of specific and rare cannabinoids.
https://www.laurelcrest.com/
LAURELCREST offers us:
- Advanced Delivery Systems
- USA Grown Hemp
- Allergen-free
- Full Spectrum/Broad Spectrum
- Isolates
- Consistent High Quality
- Full Traceability
- Control from Seed to Sale
- NANO Technology
- 100% Regulatory Compliance
June 21 - New logo and announcement of a marketing team hired
Innovative products and solutions are the foundation for growth, but innovation by itself cannot sustain an organization; it must be coupled with strategic marketing. We're pleased to share that we've retained a marketing team with limitless capabilities. https://twitter.com/grpsinc/status/1406997126362578952
June 21 - Company telling us that there will be steady news, once ready...
We have mapped out a progressive release of information and will continue to reveal marketing, acquisitions and what the future holds. This will not happen all at once, and there’s a lot of information that will become clear
June 23 - Company News Release - Distribution through AllStar Health Brands to commence internationally
Gold River Productions (OTC Pink: GRPS), through its distribution partner, All Star Health Brands Inc, expects to commence distribution and sales of three of its unique-formulated supplements as well as the first set of products within its long-awaited gummy line. This distribution will expand to certain international markets within the next six months. Ongoing discussions are in place with Jamaican and US distributors. Other markets may include Canada and parts of Latin America. Also noted is a source of funding from a charity. http://epidemiologicsolutions.com/
https://www.otcmarkets.com/stock/GRPS/news/Gold-River-Productions-GRPS-announces-distribution-plans-and-finalization-of-RD-for-three-unique-formulation-supplements?id=308673
June 25 - Company provides operational updates via twitter
As our loyal shareholders know, we are very diligent in the quality of our personnel and our products. We are taking special care to ensure the best partners for distribution as well, as that’s the key to our future. This must be a solid acquisition and not done in haste.
In the last year, we have done some very remarkable things as a company:
-We have created and produced core products that are unique to the marketplace and sorely needed by customers
-We have demonstrated the unique efficacy of three of these products (our gummy line), as shown in many enthusiastic testimonials
-We have initiated 2 different distribution models with wide ranging potential and are now getting ready to deliver those products
-We have amassed a professional staff of dedicated, highly respected physicians and business people that share our enthusiasm for the company mission
-We have engaged a dedicated marketing firm that specifically sought us out because of the effect our product had on a family member
-All of this has been done so far on personal funding with no dilution. The future is ours, and we wish to thank our family of investors for their patience. With all the pieces falling into place, now the fun can really begin.
July 14 - GRPS names Dr. Danielle Morosco to the team, and creates a Pet Division.
Gold River Productions, Inc. (OTC Pink: GRPS) expands its product line into the pet space, an industry with a projected market size of $325,740,000,000 by 2028, according to Fortune Business Insights. We welcome our newest member, Dr. Danielle Morosco, to head our veterinary division. Dr. Morosco has vast experience with domestic animals, especially cats and dogs, and has enthusiastically embraced our unique formulation for pain and anxiety for house pets. Her expertise also includes treating larger animals. We are impressed with her input designing an equine and bovine formulation based on our pain formula.
Dr. Morosco graduated with honors from Ross University School of Veterinary Medicine, focusing on emergent and animal chronic care. She is currently completing a 110-hour continuing education course to become a Veterinary Botanical Medicine Consultant, which includes in depth modules about herbal treatments and CBD in veterinary patients.
“Our pet formulation appears to be the only one on the market that utilizes rare cannabinoids in addition to being affordable and effective” says Richard Goulding, M.D. “And when it comes to how pets are viewed by their owners, they are essentially people too. Their problems are more subtle and it’s often difficult to gauge when an animal is in pain. But the dogs we’ve tested with this product, we’ve seen noticeable and immediate results and a real sense of calm.”
https://www.otcmarkets.com/stock/GRPS/news/Gold-River-Productions-Inc-GRPS-Announces-its-Veterinary-Division-Headed-by-Dr-Danielle-Morosco?id=311570.
July 28 - Dr. Bruce Bond posts photos of samples of the Plex Line on twitter
Received 650-700 capsules of each product from EdenLabs Energyplex, Inflammaplex, Painplex and Echinaceaplex. Want to thank Dr. Goulding and the whole GRPS team for all that they are doing. We will be working on the next phase which is developing labeling, etc. and then go to larger production and then bottling.
https://twitter.com/DrBruceBond/status/1420488965564604422
August 4 - GRPS names Michael Berkowitz to the team, creates StemSpa Subsidiary and Rejuvenation Division
“We are in negotiations to construct stand-alone facilities in strategic locations to establish “StemSpa,” which will serve as centers of excellence in the United States and offshore. We will begin with approximately 1000 doctors thanks to the relationship built between GRPS, heliosDx, and CEO Ashley Sweat of Rushnet (OTC Pink: RSHN).
https://www.globenewswire.com/news-release/2021/08/04/2274718/0/en/Gold-River-Productions-Inc-GRPS-Appoints-Michael-Berkowitz-to-spearhead-the-Rejuvenation-Division-with-StemSpa.html
Florida SOS filing for StemSpa Document
https://twitter.com/grpsinc/status/1423665641698045955
August 9 - Gold River Productions, Inc. (GRPS) signs agreement for marketing and distribution with VirExit Technologies
https://saferplace.market/
https://saferplace.market/search?q=gummies
Gold River Productions, Inc. (OTC Pink: GRPS) announced today the finalization of a marketing and distribution agreement with Virexit Technologies.
“VirExit Technologies (OTC Pink: VXIT) is not just another marketing website,” says Richard Goulding, M.D., Chairman of the Board of Gold River Productions. “The Safer Place Market (www.saferplace.market) which is transitioning into the VMarket (www.vmarket.shop) is truly a unique concept that marries ‘word of mouth’ advertising with viral marketing. Their concept is fascinating. It enables the linking of actual consumer and business experiences to multiple internet outlets. The company’s focus on wellness, health, productivity, and safety offers real solutions for businesses and consumers.
Every product in VirExit’s stores is curated and focused directly on these four pillars. The public is inundated with ads, glitzy marketing and celebrity endorsements. Understanding what one finds online and the value of it is challenging. Finding a best of breed product, with a foundation in science and medicine, is challenging.
VirExit and Gold River Productions are achieving this level of product credibility. Announcing game-changing products, including our gummy and nutraceutical lines is both exciting and energizing. Now that research and development have been completed on Inflammaplex, Painplex and Energyplex and we’ve had a chance to sample the outstanding technical work of Eden Labs, we’re moving into mass market availability of these products.
https://www.globenewswire.com/news-release/2021/08/09/2277152/0/en/Gold-River-Productions-Inc-GRPS-signs-agreement-for-marketing-and-distribution-with-VirExit-Technologies.html
GO $GRPS!
-D
StemSpa FL business registration 8/4/21
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=STEMSPA%20P210000703990&aggregateId=domp-p21000070399-7f506c25-b4c9-424a-8229-6ef3a3800c32&searchTerm=Stemspa&listNameOrder=STEMSPA%20P210000703990
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2021%5C0805%5C30116603.tif&documentNumber=P21000070399
That's understandable as well, and yes, I know, and respect you as well. You've have always brought valid information and opinions to the table. When a company direction is changed so significantly, or it is difficult to understand, its understandable that a portion of investors would become no longer interested. Best of luck to you. We have certainly been through a lot. I've made nice profits on RSHN, so I have been able to spread out a little bit, and I'm willing to let what I have left go through the gauntlet.
So then buy RSHN shares and sit back. You will get your free Helios too, and you can let them ride too. Nobody is saying you have to buy the offering or convert - those are options.
Not that complicated.
Companies go public to raise major money for expansion. The risk is becomes more on the shareholders and less on the company when it goes public.
Not to mention Goulding probably arranged it this way so that value would be given to the shareholders, hence the emphasis on HeliosDX driving value to RSHN. In essence, Goulding said hey, I have this stock with a massive following. You will easily overnight have a shareholder base of 10s of 1,000s as your shareholders. Perfect for this type of scenario. Should be a meme stock like Gamestop and AMC.
Explain what this line compares to in the proposed offering
4:49 pm - After contemplating this transaction, you return 50 of the 59 bars de candy plus the 5 free TV's you received, leaving you with 9 candy bars.
You're not returning any RSHN unless you convert. A qualified share is one held at the divy date. The offering and incentives are issued based on qualified shares, and then you may convert any of those qualified shares. You won't be asked to convert the shares before the dividend. It will be done all at once, based on qualified shares.
You're also not returning the dividend you will get, so this makes no sense.
Here's another example.......
Let’s say one buys 2,000,000 shares at .007 for a cost of $14,000 this week.
You have 2,000,000,000 shares and you know you want 1,200,000 shares to be qualified, which means you want to hold 1,200,000 shares until the ex-divy date (a qualified share). I’m saying 1.2m shares because maybe you want to convert some for Helios stock since it will be expensive to buy the 50% shares.
Just for example, for people who want to do a good trade between now and the divy date, let’s say between now and divy date, the stock goes up to .0249. You sell 800,000 shares for $19,920 cash out. Those 800k shares cost you $5,600 at .007, so the gain is $14,320. That’s a nice score for any trader - pulling out your investment, plus another $5k.
Now, possibly within the next 3 months - 6 months, the SEC registration of the offering becomes qualified (after it has been filed and much of the details are more clear for some time), and the ex-divy date is announced, you will have 1,200,000 qualified shares of RSHN.
There will be an offering period with the 1-A, this is when everyone makes their choices. Once that period is up, Helios will be set to begin trading, and RSHN share structure will be adjusted after any conversions.
Execution of the Dividend based on 1.2m RSHN Shares held...
Helios Stock Dividend
This means that you will be getting 1,500 HeliosDX shares at around $7.73/share. Value = $11,595. This is a stock dividend. It is issued based on RSHN shares owned, not converted.
HeliosDX Offering EXCLUSIVE TO RSHN HOLDERS <---this is why the media campaign, so investors come into RSHN before the dividend)
You will have the OPTION to buy up to 11 more HeliosDX shares for every 1,000 RSHN held for 50% off. That would be 13,200 x $3.87/share = $51,084. The offering would cost $51,084, but the shares would be worth $102,168.
The sweetener if RSHN shareholders participate…
You will receive 1 HeliosDx share for every 10 that you purchase in the exclusive offering. If you bought the 13,200 shares at offering, you would get 1,320 free shares more at their normal price. That’s a value of $10,203.60. So for $51,804, you’re getting the $102,168 + $10,203.60 = $112,371.60
Lets say you participate fully….
So you paid $8,400 for the 1.2m qualified RSHN shares you have left, and $51,084 for the 50% offering, so total cost is $59,484.
Your 1.2m shares are now worth $29,880 at .0249.
You have $123,966.60 in Helios DX stock (The dividend 1500 shares, the 13,200 bought at offer, and the 1,320 shares given as sweetener)
Lets look at that separated...
RSHN Cost for 1.2m shares bought: $8,400
RSHN Value for 1.2m shares held at .0249 = $29,880
Gain on RSHN = $21,480
HeliosDX Cost: $51,084
HeliosDX Value: $123,966.60
Gain on HeliosDX Divy & Offer & Sweetener: $72,162.60
Total costs: $59,484
Total Value: $153,846.60
Total Gain: $94,362.60 (158% gain)
Let’s say you just cannot afford to buy in the offering...
Helios Stock Dividend
This means that you will be getting 1,500 HeliosDX shares at around $7.73/share. Value = $11,595. This is a stock dividend. It is issued based on RSHN shares owned, not converted.
Since you cannot afford to participate in the offering, but knowing you want to keep a nice chunk of RSHN for when it moves forward as Grandeza and other subsidiaries, you decide to participate in the conversion, by converting 200,000 shares to HeliosDX shares.
Lets say the conversion will be 1 share for every 200 converted. (example only)
You will get 800 shares of HeliosDX in exchange for 200,000 RSHN.
200,000 RSHN at .0249 is valued at $4,980.
800 shares of HeliosDX at $7.73 is valued at $6,184
That is gain of $1,204 (This would be a gain of 24% - its has been stated the incentive will be at least 10%)
Now that you have turned in some RSHN you have 1,000,000 left to ride after the offering.
Your 1,000,000 shares remaining of RSHN are now worth $24,900 sitting at .0249.
You have $17,779 in Helios DX stock (The dividend 1500 shares, and the 800 you got for converting 200k RSHN.)
Lets look at that separated...
RSHN Cost for the 1m remaining shares bought .007: $7,000
RSHN Value for 1m shares remaining held at .0249 = $24,900
Gain on RSHN = $17,900
HeliosDX Cost to convert RSHN: $4,980 (200k converted x .0249 = $4,980)
HeliosDX Value: $17,779 (2300 x $7.73 = $17,779)
Gain on HeliosDX Divy & RSHN Conversion: $12,799
Total costs between RSHN & HeliosDX: $11,980
Total Value: $42,679
Total Gain: $30,699 (256% gain)
Your dividend and Helios incentives will be calculated on the qualified shares. You will THEN be able to convert any qualified RSHN.
If everyone can commit to converting some RSHN, the share structure should be reduced by up to half, which will make your RSHN shares increase (by up to 50%). Its more than likely that people will convert, so it is more likely than not that the share structure will at least be reduced some after the offering. That is why this is a split off and buy-back in one basically, and it benefits all companies, and all parties. No downside with both companies poised for growth beyond the offering.
Hope that helps. Link to Example
That’s a funny post but it’s not accurate at all.
Nice news and all, but its time for them to talk money. How bout the high powered marketing team post the news to their twitter. Who is running the show? Now we are going to be constructing new facilities across the US and globe (offshore)?
Just saying.....and I am a huge supporter of their vision.
YTD Revenue $3,44,993.40
YTD Net Income $399,313.74
I've found in my research that everything that has been announced so far has come to fruition since HeliosDX came in. For most items, the ceo has given reasonable timelines, and has proven that he is working quickly.
I think announcing the next big acquisition was a change in plan to have it be in an interview first. It will come. Keep in mind there are multiple acquisition targets for which we could get updates on them at any time. Grandeza(Sister) and the $10m revenue private lab are two of them, but there is a $1m revenue lab for strategic location purposes, and also a third target.
Excerpts from the PRs....
Upon closing of the acquisition (the private lab), we should have combined annual revenues exceeding $16,000,000.The expected revenue after a full 12 months of combined operations is estimated to be $20,000,000 to $25,000,000. The expected closing timeframe for this acquisition is slated for mid September to Early October 2021. However, both parties are interested in expediting the closing if possible.
In addition to this acquisition, heliosDX has identified a second laboratory to acquire. This laboratory likewise offers the ability for heliosDX to further enhance its operating margin as well as sales. An expected execution of the Binding Letter of Intent with targeted laboratory is for late June to early July 2021. This lab acquisition would bring an additional $1,000,000 dollars in annual revenue. More importantly, this is a strategic acquisition for location and contracting potential.
Lastly, heliosDX continues to search the market for additional laboratories for acquisition. A third laboratory has been identified and preliminary numbers shared, but negotiations have yet to begin. An update will be provided as more information is readily available.
RushNet, Inc. (parent)
HeliosDX (spin-off 1)
Grandeza (Soon to be in and under Rushnet, Inc.)
10m Private Lab (soon to be in and under Rushnet, Inc, and will be split off as a subsidiary of Helios, I assume)
1m Private Lab (targeted to be acquired by Helios)
CBD entity (spin-off 2)
Have to assume that until the split-off happens, that all subsidiaries are under RushNet, Inc. Also curious what will happen with Rush Merger Sub, Inc, the other active subsidiary under RushNet, Inc. It has the same share structure as parent company, RushNet, Inc.
The interview quality, arrangement and such was no better or worse than any of the other companies featured on the show. Some of the others used green screens on the zoom, wired headphones, shot from their home.....our Ashley Sweat did his part to think it out as best he could by shooting it in the new office, etc. It was good, and I’m confident they will improve in quality.
It was good. Next, he needs to cut to chase and tell people why it is so beneficial to invest in RSHN. Hey, we are a fast growing diagnostic company, with a acquisitions in the pipeline. We just went public via reverse merger, and we're going to be doing an exclusive offering for RSHN shareholders only. We're giving RSHN shareholders a FREE STOCK DIVIDEND, yes that's right, FREE shares of Helios 1 for every 800 RSHN you own! Plus, this is the only way you can possibly participate in our offer, and if you do, we're going to incentivize you even more by giving you more free shares. But wait, there's more! You can also get more stock our fast growing company by exchanging your RSHN for more Helios. That's right, since we're giving you a minimum of 10% incentive, its essentially a share buy back for RSHN. So since Grandeza will be under RSHN post-split off, this is going to make the share of Grandeza RSHN shareholders more valuable , meanwhile you will get free Helios, and by the way, we plan to make 50 million within 2 years.
Needs to be like that. Need to get the investors into RSHN so they can invest in Helios.
I like the ring to that! Thanks. Cheers
Rushnet, Inc. & HeliosDX
Currently, RushNet, Inc. (OTC:RSHN) is a publicly traded stock going through a reverse merger transaction. Richard Goulding of Rushnet, Inc. using his vast network as a physician, brought in Ashley Sweat of HeliosDX, the merger candidate, to bring value to RSHN shareholders. He has turned over both his CEO and Chairman role to Ashley Sweat.
HeliosDX
HeliosDX is a fast growing diagnostics company focused on Behavioral & Urine Toxicology, Infectious Disease, and Allergy using less invasive blood droplet cards. The company’s lab headquarters is located in Alpharetta, GA, and they are opening executive offices in Orange Park, FL on August 1, 2021. The company has enjoyed rapid growth in revenues from 1.7 million dollars in 2018 to 2.6 million dollars in 2019, 4.3 million dollars with an adjusted EBITDA of 1.3 million in 2020, and an expected 6 million dollars in 2021. In addition, they have announced that they expected to close on a major acquisition around September or October 2021. The company has a binding letter of intent to acquire an additional lab earning $10,000,000 in revenue that would result in a projected total revenue of $25 million per year. In addition to the major acquisition, there are two other labs that are being targeted to acquire. HeliosDX conducts its business using some high-powered vendors or business-to-business partners, if you will, such as Cardinal Health (medical device and specimen shipping), ThermoFisher (medical device provider), Verb (medical sales platform), and GoRev (Patient management platform). Verb, ThermoFisher, and Cardinal are all nasdaq companies. These companies are listed on the company website. HeliosDX is already contracted in 44 of 48 states (91% of the country), which means a national presence is already established in advance of the upcoming national sales campaign with Verb and national TV exposure.
Grandeza Healthcare Consultants
HeliosDX has a sister company called Grandeza Health Consultants, located in Tennessee. In its inaugural year, it already operates with $1 million in annual revenue with $30,000 in profit, and is growing alongside HeliosDX, who is its biggest customer. Grandeza Health Consultants will merge into RushNet, Inc., bringing instant added shareholder value above the original Rushnet, Inc. entity. This is likely to happen before HeliosDX is officially split off. For a period of time before the splitoff, RushNet, Inc. will be a parent company with two entities underneath it, all valued into RSHN.
The original Rushnet, Inc.
The original Rushnet, Inc. entity (or what some are calling the legacy RushNet, Inc.) has $60,200 in Joint Venture assets, or “shared financial interests'', primarily with its sister company Gold River Production Services, Inc.. Included in that, are royalty agreements for its ventures with BIEI (Technology Health), HALB (Halberd), LeGanja Fairy, and Able Academics. All of these JVs are either medically focused in hemp, cannabis, and naturally healthy products or they are health and human services realted initiatives (ie. helping Veterans avoid toxic medicines, scaling a profitable school nationwide tailored for autistic children, anti-addiction patch and other natural remedies to combat the opioid epidemic and promote products that fight big pharma). If any of those ventures become successful, the original RushNet, Inc. stands to receive income from that. The original Rushnet, Inc. may or may not still be a substantial shareholder of STNT alongside GRPS. Richard Goulding is the chairman of the board of STNT and GRPS. Learn more by following GRPS. RushNet, Inc. also still has an open trademark application for Knockout Punch, a CBD beverage that was put on hold because of FDA stance on CBD in foods. Unfortunately attempts to acquire funding proved difficult, and Goulding always vowed to not risk going against the FDA, so something needed to take place with RushNet, Inc.
The upcoming Tier 2 Regulation A Offering (Form 1-A) & HeliosDX Stock Dividend
RushNet, Inc. (as it will act as the parent company in this) will file a Form 1-A Tier 2 Regulation A Offering, that will register and list shares of HeliosDX, presumably, but not definitely, on an uplisted exchange with a target AS of 40 million, and a likely OS less than that. This depends on many factors, such as the current RSHN share structure, the current share price, and how many shares are bought at discount at the time of effective date or the day it starts trading. The 1-A offering will specifically state that it is exclusive to RSHN shareholders and that they will get 1 HeliosDX share for every 800 shares of RSHN as a one-time stock dividend (this will take place on its own through brokers, and show up in your account). The Form 1-A will also state that RSHN shareholders can buy up to 11 more shares for every 1,000 at a 50% discount to the share price. The discounted shares are also handled by a broker. All of this is done per SEC rules. HeliosDX will become SEC reporting. If you purchase your discounted shares, you will then get a sweetener of 1 free HeliosDX share for every 10 you purchased at discount. If you buy all your discount, you get close to double the free shares you initially got.
Preparing the Form 1-A is a lengthy and diligent process that includes auditing financials, and massive amounts of paperwork. This will be a multi-month process that ultimately begins when the offering is announced and qualified by the SEC. As part of this process, HeliosDX will become SEC reporting.
Helios DX Stock Dividend & Discount Offering (in short)
1 for every 800 RSHN (no cost) / Can buy 11 more HeliosDX for every 1,000 RSHN at 50% / 1 HeliosDX for every 10 HeliosDX bought at discount (no cost) / You get to keep your RSHN which will be Helios’ sister company. / At the same time, you will have the option to convert your RSHN to HeliosDX.
2nd Stock Divided via Split-off or Spin-Off
At the same time as the 1-A offering, or potentially subsequent to the previous actions, RushNet, Inc. (the legacy Rushnet) will be spun off, leaving Grandeza to stand alone and execute its business plan under the ticker RSHN. However, we have to remember that at certain points down further down the ballfield, the CEO has options. At this point in the line of expected actions, things could change slightly, as they could split off Grandeza too, and leave RushNet, Inc, with its own ticker unchanged after all this. Either way, there will be a second split-off or spin off, and this is where, eventually, we will hold 3 tickers when we originally had 1.
Option to convert your RSHN shares to HeliosDX
In an effort to encourage investment in HeliosDX, and as part of the RushNet, Inc. 1-A offering, RSHN shareholders will be able to convert their shares into HeliosDX shares at a minimum exchange benefit of 10%, but still to be determined. (example 1 HeliosDX for every 300 RSHN shares converted). Mr. Sweat has stated that he would like to see half the shares of RSHN converted into HeliosDX. This will bring significant value to anyone choosing to hold onto RSHN shares, as the outstanding shares would be reduced by half without a reverse split, and that benefits the shareholders in both companies.
Now that we have discussed the 3 entities under RSHN, and the HeliosDX plan, let's take a look at some of the specific information that is important to understand.
Market Cap & Price Per Share
Market Cap = Outstanding Shares (OS) x Price Per Share
RSHN Market Cap at .01 = 7,764,641,795 x .01 = $77,646,418
RSHN Market Cap at .05 = 7,764,641,795 x .05 = $388,232,090
The original share structure of HeliosDX is going to be 1 for every 800 RSHN.
7,764,641,795 / 800 = 9,705,802 Starting OS of HeliosDX, all of which will be held by RSHN shareholders. Float will be locked in other words as it starts to trade on an exchange.
Added to that, will be all the shares purchased at discount. (They are trying to raise a minimum of $8m)
Added to that, will be all the shares given as the sweetener.
Added to that, will be all the shares given to those who convert their RSHN to HeliosDX shares
Mr. Sweat recently said the final number is estimated and contemplated to be around 25 million shares outstanding, with 40 million authorized. 95% of these shares will be held by RSHN shareholders, and 5% Ashley Sweat, with his being preferred and restricted.
Calculating the approximate prospective HeliosDX share price at .01 (current price vs a future target price):
Current RSHN Market Cap at .01... $77,646,48 divided by the 25,000,000 estimated outstanding HeliosDX shares equals a prospective price of $3.11, if RSHN is at .01.
Future RSHN Market Cap at .05...$388,232,090 divided by the 25,000,000 estimated outstanding shares equals $15.53 if RSHN sits at .05 at the ex-dividend date.
This doesn’t take into account if approximate percentages are applied for HeliosDX/Grandeza/RushNet, Inc. The primary most valuable business is HeliosDX, so most of the value will go to HeliosDX anyway, therefore this is a very reasonable estimate of what’s going to happen. Let’s look at a couple of examples if you were to buy and have an average cost of .01.
Stock Dividend for RSHN Shareholders if you hold 10,000 shares at .01:
10,000 shares of RSHN = 13 Shares of HeliosDX (assume rounding up to 13)
RSHN Cost was 10,000 x.01 = $100.
Market Cap of RSHN at .01 is $77.6 million
With a MC at $77.6 million, and only 25 million outstanding (77.6m / 25m = $3.11), your HeliosDX value would be $3.11 x 13 shares = $40.43
With 10,000 shares you would be able to buy up 110 more Helios shares at up to half off. That would be a discount of $171.05 (3.11/2 x 110 shares = $171.05)
The discounted shares would be valued at $342.10.
Lastly, if you are able to participate and buy shares at discount, you will get 1 more free share for every 10 bought. Say you put up the $171.05, you will get 11 more free shares valued at $3.11, totaling $34.21.
Cost of RSHN: $100
Cost of HeliosDX Offering: $171.05
Total Cost $271.05
HeliosDX Value: $40.43 + $342.10 + $34.21 = $416.74
RSHN Value: $100
New Value of 2 Tickers Combined: $507.41
Gain on Investment: $136.36 (87%)
Stock Divided for RSHN holders (10,000 shares) when price increases to .05 before the dividend date
Lets say RSHN goes to .05 in the interim, you will have gained $400 (10,000 shares x .04 increase in pps)
At .05, the new RSHN MC is $388.2 million, therefore the prospective price of HeliosDX share based on 20 million outstanding would now be $15.53 x 13 shares = $201.89.
So now, at .05, you have now gained $400 in value of the RSHN, and you get $201.89 worth of new separate HeliosDX stock, another $100 discount for the discounted shares, and your sweetener of 11 HeliosDX valued at $170.83, and haven’t even considered the potential of Grandeza and the old Rushnet entity to grow beyond .05 OR the 2nd split-off. At .05 your discount is (15.53/2 x 110 = $854.15)
Cost of RSHN: $100
Gain on RSHN: $400
New RSHN Value: $500
Cost of HeliosDX Offering: $854.15
Total Cost: $954.15
HeliosDX Value: $201.89 + $1,708.30 + $170.83 = $2,081.02
New Value of 2 Tickers Combined: $2,581.02
Gain on Investment: $1,626.87 (170%)
Stock Divided for RSHN holders if you hold 1,000,000 shares at .01:
1,000,000 shares of RSHN = 1,250 Shares of HeliosDX
RSHN Cost was 1,000,000 x.01 = $10,000
Market Cap of RSHN at .01 is $77.6 million
With a MC at $77.6 million, and only 25 million outstanding (77.6m / 25m = $3.11), your HeliosDX value would be $3.11 x 1,250 shares = $3,887.50
With 1,000,000 shares you would be able to buy up 11,000 more Helios shares at up to half off. That would be a discount of $171.05 (3.11/2 x 11,000 shares = $17,105)
The discounted shares would be valued at $34,210.
Lastly, if you are able to participate and buy the shares at discount, you will get 1 more free share for every 10 bought. Say you put up the $17,105, you will get 1,100 more free shares valued at $3.11, totaling $3,421.
Cost of RSHN: $10,000
Cost of HeliosDX Offering: $17,105
Total Cost $27,105
HeliosDX Value: $3,887.50 + $34,210 + $3,421 = $41,518.50
RSHN Value: $10,000
New Value of 2 Tickers Combined: $51,518.50
Gain on Investment: $24,413.50 (90%)
Stock Divided for RSHN holders (1,000,000 shares) when price increases to .05 before the dividend date
Lets say RSHN goes to .05 in the interim, you will have gained $40,000 (1,000,000 shares x .04 increase in pps)
At .05, the new RSHN MC is $388.2 million, therefore the prospective price of HeliosDX share based on 25 million outstanding shares would now be $15.53 x 1,250 shares = $19,412.50
So now, at .05, you have now gained $40,000 in value of the RSHN, and you get $19,412.50 worth of new separate HeliosDX stock, another $85,415 discount for the discounted shares, and your sweetener of 1,100 HeliosDX valued at $17,083, and haven’t even considered the potential of Grandeza and the old Rushnet entity to grow beyond .05 OR the 2nd split-off. At .05 your discount is (15.53/2 x 11,000 = $85,415)
Cost of RSHN: $10,000
Gain on RSHN: $40,000
New RSHN Value: $50,000
Cost of HeliosDX Offering: $85,415
Total Cost: $95,415
HeliosDX Value: $19,412.50 + $170,830 + $17,083 = $207,325.50
New Value of 2 Tickers Combined: $257,325
Gain on Investment: $161,910 (170%)
*Both scenarios take into account the full process of buying all of your discount so that you can visualize everything that is in play. For those who choose not to participate in the offering you simply get your 1 for 800 free shares, and the option to trade in your RSHN towards more HeliosDX stock.
*Both scenarios are calculated using an avg cost of .01, but you may have a higher or lower RSHN cost, in which your gains are going to be higher.
Here is an example that shows what happens if you have and hold 100,000 shares of RSHN at .01 and .05. This tells you what the value of your HeliosDX would be if RSHN is at either .01 or .05 at the ex-dividend date. It also calculates all of your dividend, discount, and sweetener. It doesn't take into account if you will be trading in any RSHN. Click Here for Photo Example
The RSHN to HeliosDX Conversion Option
From the announcement:
heliosDX would like to formally announce it will also include the ability to convert qualified shares of Rushnet into heliosDX upon the split-off. A qualified share of RushNet is a share owned on the close of the ex-dividend date. The conversion ratio is yet to be determined but is customarily done at an equal value with an incentive percentage to convert. The incentive percentage has not been determined but will not be less than 10%. heliosDX believes this provides a unique opportunity to bring considerable value to RushNet shareholders and has significant impact on lowering the Share Structure of RushNet, Inc upon split-off. The ex-dividend has not been determined. There will be additional information released in the near-term regarding the ex-dividend date and qualification guidelines.
Example of RSHN Price and effect of reduced outstanding shares via conversion, based on a current RSHN price of .01, and a Market Cap of $77,646,418 for Grandeza. - Click For Photo Example
Example of RSHN Price and effect of reduced outstanding shares via conversion, based on a current RSHN price of .05, and a Market Cap of $$388,232,090 for Grandeza.
Click for Photo Example
In my opinion, if GRPS could acquire all the assets of RSHN ($60,200), that would make it less confusing for everyone who really wanted to invest in a hemp/CBD Beverage company, and Rushnet, Inc simply becomes Grandeza, and there is less confusion moving forward.
Lastly, let’s go over some of the important announcements, updates, and other plans coming down the pipeline.
June 7, 2021 - HeliosDX Announces upcoming major acquisition of private lab
("RushNet") with merger/acquisition target heliosDX, is pleased to announce a Binding Letter of Intent by heliosdDX to acquire a privately held laboratory with $10,000,000 annual revenues processing more than 5,000 tests monthly with a capacity of 12,000 monthly UDS tests. Upon closing of the acquisition, we should have combined annual revenues exceeding $16,000,000. The operational efficiencies should decrease costs and increase operating margins by 10%. Accordingly, the opportunity for growth and enhanced bottom-line is substantial. The expected revenue after a full 12 months of combined operations is estimated to be $20,000,000 to $25,000,000.
Letter of Intent - Link
Timeline - Transaction to close in quarter 3 after offering. Funds from offering used to close transaction.
June 16, 2021 - Announcement of National Sales Campaign
("RushNet") with merger/acquisition target heliosDX is pleased to announce the upcoming launch of their National Sales Campaign utilizing Verb Technology Company, Inc. (Nasdaq:VERB) cutting edge interactive sales and marketing platform. (verbTEAMS and verbLIVE).
HeliosDX is preparing to launch a national campaign to increase brand awareness and sales reach. verbTeams is the latest in technology that gives the power back to the company to increase sales, increase close ratios, reduce costs, and increase reach across the country.
HeliosDX Sales & Marketing Video
Timeline - Launch National Sales Campaign Utilizing Verb Technologies - August 1, 2021
July 8, 2021 HeliosDX Merger Officially Closes, and becomes $16m revenue company
RushNet, Inc (OTC PINK:RSHN), ("the Company") is pleased to announce the acquisition of heliosDX was closed and effective July 1, 2021. heliosDX is a National Clinical Reference Laboratory offering High-Complexity Urine Drug Testing (UDT), Behavioral Drug Testing, Allergy Droplet Cards, Oral Fluids, Infectious Disease (PCR), and NGS Genetic Testing. This acquisition brings significant value to RushNet, Inc and its shareholders.
heliosDX had annual revenues in 2019 of $2,639,454.58, 2020 of $4,294,435.82, and in 2021 through the 2nd Quarter of $2,827,582.50. heliosDX expects their current trends to hold and should meet their stretch goal of $6,000,000 for 2021. The company is profitable and has seen profits continue to grow right alongside the revenue growth. The company is also under a Binding Letter of Intent to acquire a privately held Laboratory slated to close late 3rd Quarter or early 4th Quarter. This acquisition will immediately bring heliosDX annual revenues to over $16,000,000 with a tremendous upside.
The combined operations vastly increase the heliosDX specimen capacity, sales representatives, and creates room for future growth in their infectious disease business, which is expected to outpace toxicology within 12 months. In a separate transaction, the company is seeking to purchase the building that the private company currently occupies, which includes an empty space attached for future expansion. This first acquisition should yield annual revenues for heliosDX of $25,000,000 after a full 12 months of combined operations. We believe, as we continue to grow organically, along with acquisitions, we can reach and exceed $50,000,000 in annual revenue within two years.
heliosDX is launching a National Sales Campaign utilizing Verb's interactive technology and hired a Director of Virtual Sales to run this platform. This platform is anticipated to begin on August 1, 2021. We believe this platform will significantly increase the company's ability to reach new clients at a fraction of the cost across the country. In late June 2021, heliosDX extended an offer to hire a Chief Operations Officer (COO), which has been accepted with a start date of August 2, 2021. Other executive positions are currently being explored and formal job postings will be made available on the company's LinkedIn business page. RushNet, Inc and heliosDX have significant plans to reduce the current share structure. We are not prepared at this time to disclose the nature of this reduction but can confirm it is not through a Reverse Split (RS).
HeliosDX Financial Statements
Year Ended December 2020 - LINK
3 Months Ended March 2021 - LINK
6 Months Ended June 2021 - LINK
HeliosDX Website: LINK
HeliosDX OTC Page: LINK
HeliosDX Twitter: LINK
July 15, 2021 - Announcement of Board of Director, Scott Wakeman
Our first Board Member is Mr. Scott Wakeman. Mr. Wakeman currently serves as the Executive Vice President of Operations for Edible Arrangements, where he oversees Store Operations, Customer Service, and Development/Training. Prior to his current position, he managed Marketing, Field Marketing and Creative Services for Edible as Executive Vice President of Marketing.
Before joining Edible in 2019, Scott held a variety of senior marketing roles including Vice President of Marketing at Checkers and Rally's, Head of Marketing and Broadcast for the Houston Astros and Group Vice President at Grey Advertising. Mr. Wakeman began his career in packaged goods and has served in general management roles at several Fortune 500 companies, including Colgate-Palmolive, L'Oréal and Bacardi. Mr. Wakeman is an alumnus of Emory University where he received a Bachelor of Arts degree with honors in Political Science and captained the varsity basketball team. He also received an MBA from Duke University. You can view Mr. Wakeman's linked in profile by Clicking Here.
heliosDX feels extremely fortunate to be able to add such talent to its Board of Directors. The company recently finished its Phase One rebranding strategy from Chattahoochee Labs to heliosDX. The company is preparing to launch a national sales campaign in the coming weeks to further its already rapidly increasing footprint. The campaign is designed to accomplish two goals. The first goal is to grow our sales reach and gain incremental new business across the country. The second goal is to utilize the national sales campaign as a mechanism of pushing the heliosDX brand further, in what we are calling Phase Two. heliosDX believes Mr. Wakeman's experience in senior leadership with marketing and operation roles brings many synergies with the national branding and marketing efforts currently ongoing. Mr. Wakeman will be a vital asset serving in an advisement capacity to heliosdX as we continue to create brand awareness nationwide.
July 28, 2021 - Announcement of COO, Yann Gerville-Reache
RushNet, Inc (OTC PINK:RSHN), ("the Company") with its subsidiary heliosDX is pleased to announce Yann Gerville-Reache has been appointed to serve as the COO for heliosdX.
Mr. Gerville-Reache will join the Executive Team in Orange Park, FL to assume the role of Chief Operations Officer. His experience encompasses 20 years of operations within various industries including Transportation, Supply Chain, and the Energy sector. He brings his expertise supported by his certifications in lean manufacturing, project management, and supply chain management. With his diverse operational skillset, heliosDX will concentrate his efforts to support the setup and streamlining of people, processes, and systems which we believe will add significant value given his history in management at global corporations including CEVA Logistics (CMA CGM), Yusen Logistics (NYK), APR Energy (Atlas Corp), and through services and support of customers such as Nokia (formerly Alcatel Lucent), GSK, Medtronic, Nike, and other companies from various sectors.
Mr. Gerville-Reache officially assumes his role beginning August 2, 2021. We are extremely excited to have Mr. Gerville-Reache join the growing team at heliosDX. His expertise is needed and will be used immediately as he will be working directly on the National Sales/Branding System, Customer System Experience, as well as internal systems and operations.
July 26, 2021 - Announcement of 6 Part Interview
RushNet, Inc (OTC PINK:RSHN), ("the Company") is pleased to announce a 6 Part interview series to be conducted by FMW Media's New to The Street/ Newsmax. Several nationwide media outlets will broadcast the interview, including Fox Business, Bloomberg Network, Newsmax, KRON, RNN, and potentially other outlets. The reach of these networks is in excess of over 300 Million homes.
Sun., Aug 1 NEWSMAX 10AM EST
Mon., Aug 2 FOX Bus. 1030PM PST
Tues., Aug 3 Fox Bus. 1030PM PST
Sat., Aug 7 Bloomberg 430PM EST
Sun., Aug 8 NEWSMAX 10AM EST
Mon., Aug 9 Fox Bus. 1030PM PST
Tues., Aug 10 Fox Bus. 1030PM PST
The “2nd Interview” is anticipated to include a first time announcement of the next acquisition, which is anticipated to be Grandeza Healthcare Consultants, which will in essence become the parent company of Rushnet, Inc. It could also be another lab acquisition, as they have two other acquisition targets that were announced.
July 27, 2021 - FMW Media Commences Massive TV Commercial and Outdoor Digital Billboard Campaign for RushNet, Inc. (RSHN)
FMW Media Works, Inc. in conjunction with its New to The Street TV show announces its contract with RushNet, Inc. (a.k.a – heliosDX) (OTCPink: RSHN) in the production, broadcasting and distribution of commercials and digital billboards.
The agreement calls for 660 commercials, 110 per month for the next 6-month, and it includes 156 digital billboards, running 3–times per hour located throughout lower Manhattan, New York City, NY. The televised commercials can be seen over the next 6-months on Fox News, Bloomberg, Fox Business Network, CNN, CNBC, Newsmax TV and MSNBC.
RushNet, Inc. (heliosDX) (OTCPink: RSHN) believes this massive commercial and billboard campaign will provide patients, medical doctors, medical personal and healthcare facilities the knowledge and the branding of its heliosDX lab testing products, lab platforms, and services and facility available in the majority of the US.
Remember, the only way for people to get HeliosDX is to invest in RSHN. This marketing campaign is intended to drive to people into RSHN so that they CAN participate in the offering and invest in HeliosDX. At the same time, drives massive attention to RSHN. If you don't have RSHN, you will have to buy HeliosDX after it starts trading, and RSHN shareholders will be holding the float.
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Written by D-Money6 on IHUB / @USA_603 on Twitter for RSHN shareholders. I am not a financial advisor, and this is not financial advice. These are my own notes. I am long RSHN.
Have a nice weekend RSHN. We are headed into uncharted territory. I can't wait to see my stock on national TV.
Take a look at the DD post I'm about to post. I hope helps people visualize the same potential that I see here. It does really help to see everything in one spot, with examples. Be well!
D
Technically, RushNet, Inc. is the parent company here. One might be able to say that the old school cbd beverage entity/operating is on the backburner or the past, but RushNet, Inc. is the future, actually.
RushNet, Inc - Parent company (aka Holding Company)
HeliosDX - Subsidiary, soon to be split-off.
Grandeza Health Care Consultants - Soon to be a merged subsidiary in under RushNet, Inc.
Eventually there will be a change in the parent when either Grandeza or the legacy entity is split-off.
Remember, the parent company files the Form 1-A offering, so RushNet, Inc doesn't go anywhere until its name is changed and/or the ol legacy entity is no longer under the umbrella.
I totally can handle the waiting, but it seems silly to have gotten the blitz of tweets in June and a couple PRs, and then nothing.
There is plenty the company can do to show they are working, firstly updating the dedicated shareholders who purchased pre-orders. What was the interest level? How much did the company make on them? I have been a dedicated follower, but at the moment, I placed a pre-order and have not heard anything since receiving my receipt. I'd love to recommend others to pre-order, but why would I at this time?
How about updates to the site with Dr. Morosco added to the team? How about an official tweet or PR on the certificates of analysis' that appeared on the website. How about the marketing team trying to get some additional followers? Only 800? Who is the marketing team? Why the wait to bring attention here if they are for sure going to be launching? What's going on with Leganja Fairy? What's going on with Able? How about convenience store agreements? How about the funding for all the JV agreements? Is there a 1-A coming here too? Let's get going here.
I know the future is bright here, but some of the posts here talking about how we will all be millionaires are becoming as annoying as the negative ones. Sorry to be blunt, but just my current thoughts...
News Release 07/28/21
heliosDX and RushNet, Inc Launch National Commercial Campaign on Fox News, Bloomberg, Fox Business Network, CNN, CNBC, Newsmax TV and MSNBC
https://www.accesswire.com/657374/heliosDX-and-RushNet-Inc-Launch-National-Commercial-Campaign-on-Fox-News-Bloomberg-Fox-Business-Network-CNN-CNBC-Newsmax-TV-and-MSNBC?fbclid=IwAR2xzr_3qME51WIHFjgxSpLZxhG-vcZN2QFvKsfLs09t_MflmPg_8VwVBFU
Here is the formal PR from the company announcing the same news that was issued yesterday by FMW Media. No COO announcement here. I anticipate that may come later today or tomorrow.
The article posted is a 3rd party article posted today talking about the recently announced acquisition. This acquisition will be closing in the 3rd quarter, post split off.
Yesterday's news was distributed by the media company, not Helios. It is anticipated that Helios will be posting the news formally on its own newswires sometime today about yesterdays commercials and billboards and will add the COO assignment. We might even get Grandeza acquisition news before week is out, or at anytime. One thing I know is obviously news is lined up for the foreseeable future.
I remember the night I was doing DD, and I saw the colorado sos plan of conversion for xyz hemp posted by RG. Ever since, it was obvious to me RG wanted to do something on his own and much bigger and medically focused compared to his experience with p tn. These products will be in a different ball game.
The media companies are the ones putting out the PRs (for the last 2), then Helios follows it up with their own. So today’s news hasn’t even hit everywhere. For example when RSHN puts out their version it will show up in E*TRADE.
Who cares how many shares it has. That fact is irrelevant to HeliosDXs plan. More room for people who want to hold HeliosDX. It’s a remarkable opportunity for little cheeses to own a big boy stock for free. Imagine a stock owned by all retail traders instead of hedge funds. The number of shares will only hold Gradeza back temporarily until reduced.
I believe, (and I'm speculating here based on what I have learned and read about Form 1-A's) that they will announce the divy date in conjunction with, or when they know the date that they will file the Form 1-A with the SEC. It may also depend on when HeliosDX thinks the SEC will qualify the offering, as soon as it is qualified, an offering period will commence, where you can either buy your discount or exchange your shares or conduct the securities transactions that have been specified by HeliosDX. At the end of the period (could be 30 days or more), the HeliosDX shares will have a date they start trading, and well, of course RSHN continues as is.
Everything that is pertinent to the this offering will be detailed out in the documents that they file with the SEC to become fully SEC reporting. These docs will be filed on Edgar SEC website (and should show up on OTC markets too)
I recall them saying that they planned to have the FINRA applications all in by the end of this month.
Also remember Rushnet, Inc. is the parent company, and is the entity that files the 1-A to spin off its subsidiary HeliosDX.
I just peeped that out! Nicely done - and thank you!
GLTU
Only way to get HeliosDX shares is to own RSHN. Helios DX will start off with 9,705,802 shares (1 for 800). Then, so many shares will be bought at 50% (11 possible for every 1000). Then, anyone who bought will be give the sweetener free shares (1 for 10 bought). We, RSHN shareholders only, will hold the float (somewhere between 9.7 and 20 million) in HeliosDX as it uplists and eventually debuts on another exchange.
Meanwhile, we will still have our RSHN (Grandeza). You will be able to convert your shares to more HeliosDX if desired, while at the same time reducing the share structure for RSHN, helping yourself and your RSHN friends' shares all become more valuable.
Totally unique and unprecedented situation on the OTC, when it comes to combining reverse merger, going public, doing a dividend, doing an offering. HeliosDX is going through with it!
Does anyone remember this image?
https://investorshub.advfn.com/uimage/uploads/2018/7/26/lidl[ofpkyxyz_hemp.GIF
RG has had a vision for this type of arrangement for some time. Its just that HeliosDX is the absolute perfect candidate.
With news all week, including the acquisition of Grandeza, and national exposure next week, we should run to .03, .04, 05 pretty easily. Todays news is just a little buzz. The rest of the news this week should pack even more a punch.
Ashley Sweat, Chief Executive Officer / Chairman at RushNet, Inc. (heliox DX) states, "I’m excited to work with the highly professional experts at New to The Street, while they begin to market our Company through their national TV media network inclusive of Fox News, Bloomberg, Fox Business Network, CNN, CNBC, Newsmax TV and other syndicate media networks.
So this Sunday we get the first interview, followed by the campaign with Verb that starts the same week.
Never mind the rest of the news this week....
Good morning RSHN. Just got to work aka pay attention to RSHN instead of work. Have a nice day every body.
Everyone is making valid points in that discussion regarding all the variables. (About "Free money" - yes, I agree more like profit from investment. The wording free money likely came into my head merely as the best way to explain HOW INCREDIBLE this deal is!) Glad to see some productive discussion. With each new press release or information, try to see which variables have been confirmed and eventually we will get closer. This is going to be a wild process over the next 90 days.
Especially if the price goes .02 and above, it will become very expensive to participate, and very few will, unless they have $1k to 10k-50k+ of powder on standby.
You have to see how it would work though if you did buy-in the discount and go thru the whole process. You would just take that out of your calculation if your not doing that. You would get the free shares, and then you can get more by trading in your RSHN. Kinda like when you split your bet at the poker table.
If my full allotment of discounted shares is going to cost me $2,000 or less, I will participate. If over, I will likely just participate a small amount of my rshn to exchange (around 1/4 or much less). Both companies will be full-steam ahead and have "exceptional upside". If you participate in the exchange, you have to remember you will have a few less shares for the whole calculation of Helios. I believe there will be fairly short period of time where we will have to make a decision so that it can all be effectuated at once. We may have to decide whether we are exchanging before the split off date.
I do think Helios will get some good money in this raise. People made a lot of money here and are still interested in the stock. All Helios need is a few big pockets/rshn holders to confirm they will participate, and if at the right price at the time of split off, Helios can assure that the whole process would work.
Thanks A, and all, for the kind words. I just try to present the information in a way that people can visualize.