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Saturday, May 30, 2020 7:19:39 PM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142209363
It's called Corporate Identity Theft. That's a good observation and one that FINRA will probably have a great interest in if RSHN ever files for a corporate action request (name/symbol change, reverse split).
RSHN was always a Nevada business entity
https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=MFQx62P7HOpIaNS4sAODQQ%253d%253d&nt7=0
In 2010 it got revoked after failing to file an annual report for 2 straight years.
You can clearly see that the entity was never reinstated
https://www.nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=MFQx62P7HOpIaNS4sAODQQ%253d%253d&CorpName=RUSHNET+INC.
Instead Randolph S Hudson used tax fraud and corporate identity theft to steal the RSHN shell. Tax Fraud is where you don't pay the business taxes owed to the state of domicile (in this case Nevada). Corporate identity theft is where instead of curing the delinquency of the shell in its proper domicile (in this case Nevada), you make a new entity in a different state as a way to steal the shell. Both Tax Fraud and Corporate identity theft are illegal.
You can clearly see that Randolph S Hudson made a new entity in Colorado named Rushnet Inc in 2015 instead of paying the back taxes and Nevada and curing the Nevada entity.
https://www.sos.state.co.us/biz/BusinessEntityDetail.do?entityId2=6003597
https://promotionstocksecrets.com/wp-content/uploads/2018/07/RSHNcorporateidentitytheft.pdf
You can see in the above link that when Randolph S Hudson created Rushnet Inc in Colorado he signed as the representative of the Nevada Rushnet Inc entity which he was not since Rushnet Inc - Nevada was still revoked and Randolph S Hudson was never added as a managing member for the entity.
RSHN is a perfect examploe of corporate identity theft.
I will definitely send a note to the corporate action people at FINRA to make sure they are aware that RSHN was never properly moved from Nevada and technically is still a revoked Nevada business entity.
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