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Tuesday, May 06, 2014 8:18:50 AM
I assume that this refers to RSHN as there was no mention of A purchase of a majority stake in RSHN.
IF true this would give LVVV controll of the company (RSHN) those preferred shares.
Apple Rush and RushNet Announce Change to Management Team and Strategy Update
CHICAGO, IL, Mar 12, 2014 (Marketwired via COMTEX) -- Apple Rush, Inc. (PINKSHEETS: APRU) and RushNet, Inc. (PINKSHEETS: RSHN) have announced that Robert Corr has resigned as CEO and director of both companies as of March 10, 2014. In contemplation of the recently announced acquisition of a controlling interest in Apple Rush by LiveWire Ergogenics, Inc (OTCQB: LVVV), Tony Torgerud, the current divisional sales manager of LiveWire, has been appointed interim CEO pending the search for a permanent replacement.
Commenting on Mr. Corr's resignation and the appointment of Mr. Torgerud, Bill Hodson, CEO of LiveWire stated, "We appreciate the contribution that Bob has made to Apple Rush and his forward thinking about active ingredients in the beverage industry. Apple Rush will continue to work with Bob to utilize his extensive contacts and relationships in the industry in order to expand its distribution platform. Tony Torgerud has been instrumental in the development of markets for the LiveWire brand and has a solid
understanding of the LiveWire business model. His experience will help us build a permanent management team."
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