RushNet Inc (RSHN)

[stockhound101]

Why are they supposedly "Dumping" all of their shares?


" On 12/8/06, Gamood reported (Ihub post #23805) that his wife sold 32 million shares."

"On 1/31/2007, Gamood once again told us (IHub post #25882) that his friend got out of his last 3 million shares. He at one time had 55 million shares. I am sure he didn’t dump all his shares at once but slowly was getting out. 55 million shares"

Do they know something we don't yet?
I think the writing is on the wall and it's beginning to smells to high heaven.IMO
Furthermore, Corr says he gets around $20,000 for a container load of RSHN beverages.
Great, now how much did it cost to produce that much product and ship it? $20,000 might just be the cost, because that figure to me sounds low and to be truthful hardly worth the trouble.
Is he selling at cost just to have something for a PR?
Furthermore, why is he only "supposedly" marketing in tropical vacation spots? How convenient for him and Co.
He needed to hire someone to go out and sell these products to the major retailers here in North America, where the expenses would have been minimal and he should have done it over a year ago. I fear now it's to late for him to go legit at this stage, because now with something like 4 Billion shares or better in the float, this stock doesn't have a chance without an R/S.
I have seen nothing but smoke and mirrors from this man.
I for one would love to know what he has done with all the money from the selling of all these shares?
I can only guess that he has funneled it into his other wholly owned company that we as investors in RSHN have no rights too. RSHN is most likely just being used as a printing press to support his other ventures.
Then he will take his wholly owned company and all our investment money and live happily down in those tropical countries that we are most likely paying to set him up in.

This is my opinion of the situation with a gagged T/A, failed brewery deal, if there ever really was one, supposed garden deal and no real assets to back this company and only promises of 51% in Apple Rush and that will probably change just as the other public company and dividend did.

I wish all of you the best with this one as I got out with only a 20% loss Friday.
IMO,If Corr really wanted to sell these products in some of the major stores, he could have easily done so by now, but he just wants to play and have a good time at the food shows and down in the tropics at the shareholders expense.

He doesn't even know where his own products are being sold.
That should be a big red flag right there.
That's why all of you have to go search for it yourself, Unbelievable.