Replies to post #162708 on RushNet Inc (RSHN)

[Huggy Bear]

Well spoken. Refreshing to see some actual intelligence regarding the new RushNet scam du jour.

[Penny Grabber]

Their business through RSHN is licensing their patented invention. The execution is getting current shrimp producing companies to use the invention, as well as new players.

Generate revenue by selling the use of their design and establishing some sort of market penetration.

They need to get an agreement/order in place to license it now. From an outside party. Report the deal, what it pays, and what it entails.

That is the next step.

[JoshTaeger]

BWAHAHAHA!!!

You’re gonna use SHMP as an analog?!?!

The ultimate “tech” and “patent” flop? That’s not a good sign. SHMP’s e-commerce sit is the home of SHMP bag holders trying to make SHMP look good.

And for both companies, COGS is an afterthought. Why? Because you haven’t heard a figure from either company.

Oh…and SHMP only has 1.5B shares outstanding, compared to RSHN’s 8.6B shares.

SHMP was a good flip back in the day. RSHN *might* be a good flip in the future. That’s about all that’s there.

[JoshTaeger]

Hey Along(way from reality)...

SHMP has a warehouse in Iowa (two, actually). Why doesn't RSHN do what SHMP...and the company before them...couldn't do with that property (make money. Or least pay the expenses)... Go lobby RSHN to make sure an offer to buy it.

Nothing smells like potential success than having to keep a warehouse full of shrimp aquariums warm when the outside temperature is 10F. But RSHN should just go right ahead and buy it. What's another 10B shares to raise the capital when RSHN could make Iowa the Shrimp Capitol of the US?

[BasedOnFeels]

The company(Fuel Tech) and the technology device(DGI) it is trying to sell, puts out a whitepaper(Fuel Tech Study) detailing why its a great idea to have on RC's Cakeboxx made, patented shrimp containers. No bias there. But maybe it could be something if the pilot is seen by the right major seafood/shrimp companies in the US and abroad. Dr. Kemp should have some decent shrimp connections by now?

How does RSHN benefit? What are the terms of the agreement? When is the possible date of FINRA approval for corporate actions to resume? All RC discussions aside,having a license agreement with a private company still in the stages of pilot programs, seeking capital, while the fundamentals and financials of RSHN are in shambles doesnt hold much weight. The very first thought of the company to "rapid shareholder value" was to more than double the AS. So many factors to figure out here and alot of moving parts and mouths to feed. Need numbers. Need profit margins. Need share disbursement terms.Need agreement terms period. Alot of unanswered questions still.