RushNet Inc (RSHN)

[Penny Grabber]

In 2023 it appears from bankruptcy filings and lawsuits filed that RSHN/HeliosDx was taking out loans from several finance companies (possibly factoring AR) in multiple states.

By June/July 2023 they were filing lawsuits on merits of default and breach of contract. Meaning payments stopped quite a bit earlier, possibly as early as Q1. The loans were being initiated then or well before that, and 400M shares were sold at .0001 in 2022.

It wasn't until September 2023 an announcement was made of their demise.

During that entire year and until the very end, reassurance to investors in RSHN persisted through endless posts on Twitter spreading optimism and a bright future.

End result: .0001/share. Bankrupt.

It's beyond comprehension anyone would welcome or invite conversation from the one responsible.

Based on the "grab for cash" timeline and lawsuits filed, there were big issues long before regulation changes and loss of revenue.

Creditors are to this day still trying to claw back what was given to RSHN/HeliosDx.

Horrible.