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RSHN: 0.0031 -- 2.5M$ Contract expected
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[QUOTE]Originally posted by TickTrader: [QB] Well, I don't have a position in RSHN at this time. In the past, I have bought and sold my fair share of short-term shares. I haven't entered a new position for three reasons - one old, two more recent. First, I have never been comfortable with the information Corr has provided shareholders concerning money. Not the actual sales figures and expenses, but exactly what % of profits actually goes to RushNet. I did visit a link provided by one allstocks poster. It stated 62.5% commission on profits. This is good, but the page was so outdated that I dismissed it as being irrelevant. Understand that I don't care if 62.5%(?) of nothing is nothing, because I am looking for potential, not history. And, if a wholesale customer calls the manufacturing side of this operation to place an order, does RSHN ever see 62.5% of those possible profits? I could posit other twists on that topic, but I'm sure everyone gets the drift. So, if anyone can elaborate on this for me, I would appreciate it. Second reason for no new position... I allow a certain % of reinvestments for pinks. I'll break this rule, in a heartbeat, if I have confidence in the company. For this to happen, my first reason must be overcome. Third reason... my only buys/sells for the past few trading days have been with companies that I currently hold positions and do not require new/further dd. Because my dd PC was fried, I was blind. NOW... I'm baaaack!!! New power supply, a few minor injuries, and all's well. And well, well, well... What do we have here??? ----------------------------- For a little background info (for those that don't know), I save EVERYTHING. Every little electron pertaining to every little company I look at. To some, it may seem ridiculous; so much info, so little time. Not really (in case you really thought that), my dd PC has all the time it needs. In fact, we wrote a program to parse the stuff. You don't really need a program; simple built in searches will get you there, but I don't like working and my PC is superior. I have sat on the sidelines and watched RushNet get trashed. Knowing what is going on is not the same as showing you, and that is what I intend to do tonight - not only with RSHN, but show you what to look for to help prevent this same thing from happening again. Why would I do this? What is in this for me? Quite simply, I am disgusted with how this situation, these people, have used Robbie (whatever his real name is). He has been one of the most constant and realistic posters here, yet now he needs a page of disclaimers just to say HEY!!! The only thing I hope to get out of this, is evidence that someone may provide to satisfy my 'first obnoxious reason' on this thread. ------------------------------------- So, pressing magic button... Since the inception of RSHN until 5/24/2006, I find 18 free subscription emails on file mentioning RSHN, originating from 4 different subscriptions. All 18 emails were alerts based on trading patterns, none were 'paid' advertisements/promotions. [b] Of significance, none were from uruG kcotS. [/b] Now, I found this to be an oddly low number, and uruG kcotS has a few tricks that I won't go into here, so I checked for mention of 'beverage'. Whoa, okay, now let's drill down... 19 free subscriptions returning 135 email hits from 6/05 to 5/24/2006. Still only 18 listing RSHN. There's Dickens Cider, Sunwin, Bravo, and... look at this... uruG kcotS has a beverage!!! [b] From 4/06 to 5/19/06, 26 emails show uruG kcotS has been promoting Clearly Canadian Beverage Corporation (OTCBB - CCBEF) and they are PAID advertisement... expects to receive a total of $12,000 for profile coverage... [/b] Now that's an odd way to hatch chickens, 'expects to receive'? Now, so far, all that tells me is that Corr does not have a history of paying for free email advertisements. And uruG kcotS does not have a history of expecting chickens from RSHN. (But caution advised here... uruG kcotS has tricks, like disappearing copy in the form of graphics. No worry, though, I don't actually 'read' the emails. I am only looking for what is important... subscription name, symbol, payment disclosure, and payment type. This is what everyone should be doing, not checking out the colorful graphics. This is getting long. Posting this and starting on 5/19/06 to 5/30/06. Don't wait up late for Part 2, my typing takes time, but Part 2 definitely tops Part 1! [/QB][/QUOTE]
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