RushNet Inc (RSHN)

[Penny Grabber]

Easy trips. Traded .0005 a year ago and was in better shape. Costs were way lower, revenues were way higher.

180,000- 225,000 in lost revenue a month is is 2.1M - 2.7M a year. That is alot more than the 20% They were not a 10-15M revenue business before that hit.

The allowance of doubtful accounts is scary. AR is a touch over 2M and 1.8M give or take is doubtful or uncollectible.

Or the millions in current liabilities, both current long term debt and short term due now and never addressed.

I don't know what is worse....the numbers or the execution in corporate and operative actions. Both are total disasters.