RushNet Inc (RSHN)

[MadBrewer]

RushNet Inc. has acquired all rights and assets of StopDrops, Inc.,
http://rushnetinc.com/acquisition-of-the-assets-of-stopdrops-inc/
Key line here is;
..."there are also strategic reasons for maintaining separate entities as the companies begin working together. As such, we plan on executing an SEC qualified spinoff of RushNet so that it may continue pursuing its business operations through a separate legal entity."

RushNet, Inc. changes name to StopDrops Inc.,
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768333&fileId=20198020143&fbclid=IwAR3-HiR_D27odvF2NSjsAuS-nh17ziUTZ8VMmHy8rBROqdQgX4-Zy0LZaqM

So, RSHN acquires it as a means to get StopDrops publicly trading.
Name changes so RSHN is now StopDrops.

solidgold gets it here,
"I assume what RSHN is giving to StopDrops is an easy path to becoming a public company."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152900399

The R/S is a means for the SS of the now
(soon to be), StopDrops moar appealing.

A spin off of StopDrops becomes the new RSHN, as per the above,
..."there are also strategic reasons for maintaining separate entities as the companies begin working together. As such, we plan on executing an SEC qualified spinoff of RushNet so that it may continue pursuing its business operations through a separate legal entity."

getmoreshares nails it here also;
..."RSHN will have a name change to StopDrops-- Rshn will be a sub co. spin off-- NOTHING CONFIRMED yet."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152956787

solidgold sums it all here;
"RSHN bought Stop Drop and RSHN shares becomes Stop Drop shares after the RS. Then Stop Drop in some time issues new RSHN shares as dividends to possibly move into beverages and other businesses."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152898830

So the play here now is StopDrops,..
& what are they all about.

Our RSHN shares r/s 1:1510 and is now StopDrops.
StopDrops hands out a little somin-somin in the form of new RSHN shares to us
for putting up with all the RSHN's crap over this past year.


Cheers