RushNet Inc (RSHN)

[D-Money6]

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
[e-mail]
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.