RushNet Inc (RSHN)

[MNK3240]

Every morning, I check OTC market for RSHN to see if there is a filing for AS shares increase. Currently, they have 9B. In order to execute $20m Reg A (in full or part), first thing they have to increase AS. There is not much room to accommodate new shares for Reg A, o/s share is already 7.9B. They have to increase AS for Reg A even if he goes for $5/$10m instead of full $20m.

If the AS increase news comes before any new plans, that would be really really bad for us. I hope either he releases his new plans first and AS increase later or at least simultaneously.

This will be really a tricky delicate situation for Ashley to balance between the two. Let’s see how he deals with it!