RushNet Inc (RSHN)

[strippa]

RSHN DD Pack – Feb 21st 2021

Quick Summary:
- RSHN is involved in the sale of CBD products including gummies, pain lotions, and sprays
- Working with GRPS on almost on products
- GRPS has received state licensing from several states and is ramping up production and logistics
- GRPS will have major news this week
- Company also acquired Able Academics, who own a school for children with Autism and have 50+ employees
- GRPS went Pink Current a week ago – RSHN should be up next
- Could be a merger on the cards with GRPS


1) Company Info

Website: http://rushnetinc.com/
Twitter: https://twitter.com/GetRushnet (New - Joined Feb 2021)
Recent News: https://newsytrends.com/2021/02/02/rushnet-inc-otcmkts-rshn-the-steady-rise/
https://www.theglobeandmail.com/investing/markets/stocks/GRPS/pressreleases/614807/
CEO: Frank DeAngelo
Chief Medical Officer: Richard E Goulding

- RSHN has been involved in several JVs/subsidiaries with Gold River Productions (GRPS) – this is Dr. Goulding’s other company - https://www.grpsinc.com/ https://twitter.com/grpsinc

- 7.7B OS which is not bad

https://www.otcmarkets.com/stock/RSHN/security




- No Convertible notes! – this is huge

https://backend.otcmarkets.com/otcapi/company/financial-report/235151/content




- SOS - Company is active in the state of Colorado with Annual Report filed Jan 2021

https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768333&fileId=20211067855






- Amendment Jan 2021 stating cancellation of Reverse Split

https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20181768333&fileId=20211007855






2) JVs/Subsidiaries

LeGanja Fairy

- Tier 3 indoor pesticide-free weed producer
- Have 50+ years of experience
- RSHN/GRPS have invest $5M in Le Ganja for a cut in the revenues going forward
- Forecast of $21M+ revenues in first full year of expanded operation – not sure how this number is forecasted, but if we get anywhere close to this, that is huge
https://leganjafairy.com/#
https://cindersmoke.com/introducing-le-ganja-fairy/
https://backend.otcmarkets.com/otcapi/company/financial-report/269716/content




Able Academics

- Provide 1 on 1 tutoring services for Foster youth
- Own and operate a private school for kids with autism
- Able’s LinkedIn page lists 50+ employees with 27 on LinkedIn – this is an established company and has the potential to really thrive with this investment
- GRPS and RSHN have invested $7.5M in exchange for the revenues of Able to be directed to the companies
https://newsytrends.com/2021/02/02/rushnet-inc-otcmkts-rshn-the-steady-rise/






Stevia Nutra Corp. (STNT)

- STNT is a large-scale hemp and stevia producer
- GRPS owns 2.25M shares of STNT
- RSH is also a significant shareholder, although we do not know exactly how many shares
- Each share is now trading around $3.60
- According to a recent news release, Stevia has sold a portion of its first crop and is gearing up for major expansion and preferred vendor status








3) Marketing through Product Placements Unlimited

- GRPS and RSHN are utilizing the services of Ronnda Shields to help market their CBD products
- Product line includes gummies, pain lotion, pain patches, and Defender
- Gummies especially have been getting great initial reviews
- Ronnda is doing a great job of promoting product, getting licensing/paperwork in order, stepping up logistics
- Business licenses have been approved in several states









4) Catalysts


Pink Current

- GRPS went Pink Current a couple of weeks ago on Feb 9th
- RSHN should follow soon shortly – the two companies are basically joined at the hip and working together on most acquisitions and partnerships




New Twitter

- RSHN got a new Twitter account in Feb 2021
- From recent tweets, it sounds like big things are in the works
- No Reverse Split, unless RSHN shareholders get an equal number of shares of a second company
- Notice how GRPS is mentioned in all their tweets
- Could RSHN and GRPS be merged together?




Plenty of updates from GRPS Twitter – Major news this week

- GRPS Twitter has been very active in the past few weeks with constant updates of product lines, new packaging, and approval of state licenses
- They also talk about the gummies – these are the same gummies that RSHN is involved with, just need to know how the revenue sharing model between the two companies looks
- GRPS confirms no Reverse Split
- GRPS also mentions a major news release this upcoming week!






** Closing Remarks **

RSHN has several catalysts coming and still has not had a substantial run. As the stock attracts more eyes and we find out more regarding the revenue sharing model with GRPS and the big news this week, this stock could steadily head north. Achieving Pink Current status should give it another bump. I am not an expert or a financial advisor. Please do your own due diligence before investing.