Here is Ashleys update to shareholders. Looks like hes moving forward quickly with R/M and R/S.Wants to uplist and grow with acquisitions. New website being worked on...
"I wanted to take a moment to give an update with respect to FINRA, OTCMarkets, and the Reverse Split.
As noted previously, we have filed our application with FINRA for the name change, symbol change, and
reverse split. We have received communication back from FINRA with items to be completed prior to
approval of the application. We are actively working through these items and expect to update FINRA
within the next three to five business days.
We have also renewed and reinstated the RushNet OTCMarkets account. The bulk of the financial
statements due from the last two years have been completed, and certain disclosures are being
prepared for filing with OTCMarkets. We are still waiting for certain items to be provided so that we can
fully sign off on the financials as being true and accurate to the best of our knowledge.
Regarding the Reverse Split, I understand that this is not something that has been received as favorable.
The initial plan was to complete a Reverse Split where each shareholder would receive 1 share for every
100 shares owned. Due to recent events and looking at the opportunities presented, I have decided to
revise the reverse split to 1 share received for every 1000 shares owned. I am fully aware many will view
this as a detriment and an insurmountable split. I cannot offer investment advice, nor can I go into
specifics regarding the future of heliosDX. What I will offer are the reasons why I believe, along with my
advisement team, such a split is necessary.
The plan for heliosDX has never been to call OTCMarkets home for the long-term. OTCMarkets is merely
a steppingstone for legitimate growing businesses. Upon the clean up and completion of the lengthy
process of changing RushNet to heliosDX we will then move to becoming a fully reporting SEC compliant
company. Once the Reverse Split is complete, heliosDX will be well positioned and attractive to the
investment community and general investors alike. As noted in previous communications, heliosDX is an
extremely successful, revenue producing, profitable business. We have a proven model which can be
duplicated. We are looking at many opportunities to include future acquisitions and further growth of
the heliosDX brand. We are looking to even further our testing capabilities to allow for additional
revenue opportunities.
Lastly, and on a more personal note, I too once traded on the OTCMartkets. I am fully aware of the daily
grind of trying to find a legitimate investment or the daily or weekly flip or swing trade. I, like many,
have surely been burned by buying into the hype of a company or the simple pump of the community. I
will not pump or overstate what we are accomplishing for a short-term uptick in stock price. As I stated
in previous communications I will be as transparent as possible, and always deliver information good or
not so good, simply because I understand the OTCMarket woes. This might come across as a bit
unorthodox for a publicly traded company, but until we earn the trust of our shareholders and the
investment community we will press forward and continue our unorthodox ways.
Lastly, our new website which is transitioning from chattahoocheelabs.com to heliosDX.com is in
development. You can follow the development of the new site at heliosdx.com."
