RSHN NEWS- .0027- up 58%-RushNet, Inc. (OTC Pink: RSHN), Announces Appointment of CEO, Chairman of the Board and Chief Medical Officer.
GlobeNewswire•July 20, 2018.
Richard Goulding MD, a Florida based physician endeavoring to develop innovative and quality HEMP based products with enhanced efficacy, cultivated an impressive management team for growth and will serve as Chairman of the Board of Directors
Palm Coast, FL., July 20, 2018 (GLOBE NEWSWIRE) -- RushNet, Inc. . (OTC Pink: RSHN) announces that Richard Goulding, MD, appointed Frank Deangelo as the Chief Executive Officer of RushNet, Inc. Mr. Deangelo is the retired President and CEO of Applejam, Inc. which was one of the world’s largest restaurant franchises which he grew to having over $120,000,000 in sales with over 2500 employees before selling it.
Dr. Goulding will continue to also serve in his roles as Chairman of the Board of Directors and Chief Medical Officer. Dr. Goulding is quoted as saying “As we continue to cultivate strategic relationships that will inure to the benefit of multiple parties.” Dr. Goulding is further quoted as saying “our mission is to enhance the value of RushNet and other companies with whom it conducts its business, for the benefit of the shareholders, as we foster beneficial financial transactions.
Many investors have contacted the Company inquiring about the prospects of a reverse split. We would like to inform them that we do not think a reverse split is necessary or even helpful and is therefore not something the Company intends to pursue.
Please stay tuned for further announcements as we endeavor to create value for our shareholders.
