RushNet Inc (RSHN)

[D-Money6]

If what they're saying is true about answering questions, I am sure it will be a question that is asked. Whether they provide an explanation, we'll see.

There is no more R/S. Yes, it still needs to be rescinded with the State filing, but it has been P/R'd that it is off, as is the whole StopDrops acquisition.
https://www.globenewswire.com/news-release/2020/03/30/2008415/0/en/RushNet-Inc-RSHN-Announces-No-Reverse-Stock-Split-Abandonment-of-StopDrops-Inc.html

"However, the companies and the principals will continue to work together to enable RushNet and its joint venture companies to benefit from the retail outlet connections enjoyed by StopDrops."

StopDrops doesn't go away though. It says above they will still colloborate.

When RSHN is prepared to do an update with the path forward, we will get confirmation on the no R/S and whether or not we will still collaborate with StopDrops.

The company and its sister company's assets were artificially inflated based on that WSRC deal that had not even been consummated. That was terminated in June 2019, and that is when we corrected to the trips based on the update to the financials. In December 2019, just before Xmas, it went to low trips on the R/S news. Im not an expert, but that seemed to be a massive share grab ;)


The companies' assets are now based on an actual cash, and the deal that has been consummated for the STNT stock at $3million. Unfortunately its not a lot for RSHN, but we sit here with everything priced in ready for the rocket to launch. Let go of the past baby, no one wants to hear it anymore.

Go RSHN and all its connections! With sister company's assets going to be reported at $33 million, it is well undervalued at the moment. In mid September when the June 30, 2020 financials are posted, both could and should be starting to rumble off the launch pad.

All my opinion.
D