RJ Corr created the natural soda category in 1978 with the launch of Ginseng Rush. Corr created Ginseng Rush from a chance discovery of historical records in Delevan, Wisconsin. These records described a ginseng soda popular in the early 1900's. The soda was prized as a refreshing tonic imbued with all of ginseng's legendary qualities. At the time, competition for Hugo Pfabe's Ginseng Soda came from a drink called Coca-Cola.
Inspired by this intriguing history, RJ Corr created Ginseng Rush as a tribute to Hugo Pfabe and his pioneering Ginseng Compound Beverage. This was America's first functional beverage. A lot of people have been adding ginseng to beverages after we showed them the way again with Ginseng Rush. However, our beverages still use by far the most top-quality Wisconsin-grown Ginseng, America's finest. American Ginseng
American Ginseng (Panax Quinquefolius) grows wild in North America. We use the highest-quality cultivated American Ginseng, grown in Wausau, Wisconsin. It requires four years for American Ginseng to reach maturity. The roots contain the active ingredient ginsenicide which is highly-prized for the rejuvenating boost of energy it gives.
Our formula for Ginseng Rush does not include harmful chemicals like caffeine -- only natural ingredients. So try a Ginseng Rush today, and enjoy the rush! Benefits
Functional beverages, like our Ginseng-infused sodas and e-water, enhanced with electrolytes and fulvic acid, are drinks that provide a boost to your body. Not all beverages are created equally. Taste our high-quality drinks to learn why.
I am not worried about the gagged TA. Last year I followed msep, it went from .0009 to .09 even with the gagged TA. Don't let the basher get your shares cheap.
glta and do your dd before buying.
go rshn!
Joe
quote:Originally posted by <guest>: As soon as you get numbers from the TA, let the board know. THE TA IS GAGGED!
posted
RushNet, Inc. Expands Retail Distribution Tuesday December 13, 12:50 pm ET
BLUE ISLAND, IL--(MARKET WIRE)--Dec 13, 2005 -- RushNet, Inc. (Other OTC:RSHN.PK - News) is pleased to announce that Shaw's Supermarkets -- a New England grocery giant and itself a subsidiary of Albertsons food & drug retail empire -- has approved Ginseng Rush(TM) and Ginseng Rush XXX(TM) for sale in over 100 of its 206 stores. Commencing in early 2006, the two licensed beverages will be merchandised in "reach-in" coolers, with 4-packs coming to shelf-sets soon thereafter.
ADVERTISEMENT RushNet also declared that Vitamin Cottage Natural Grocers, a leading natural foods chain based in Colorado and New Mexico, has approved Ginseng Rush(TM) and Ginseng Rush XXX(TM) for sale in all of its 25 stores.
Robert Corr, president of RushNet, Inc., commented, "We are delighted to welcome Shaw's and Vitamin Cottage to our rapidly expanding list of important retail clients. With the addition of these two retail groups, Shaw's on the East Coast and Vitamin Cottage in Colorado/New Mexico, consumers can now enjoy Rush products throughout America."
Shaw's Supermarkets
Founded in 1860, Shaw's Supermarkets operates 206 stores in New England (Maine, Massachusetts, New Hampshire, Vermont, Rhode Island and Connecticut) and employs over 30,000 associates. The Albertsons group, which owns 2,503 retail food/drug stores in 38 states, purchased Shaw's in 2004.
Vitamin Cottage
Vitamin Cottage Natural Grocers owns and operates 25 natural foods marts in Colorado and New Mexico. In 2005, the Colorado Department of Agriculture named Vitamin Cottage "Grocer of the Year."
Early 2006 should be awesome for rshn!!!!!!!! imho Join the party!!!!!
RushNet, Inc. Introduces Revolutionary e-O2 Sports Water(TM) Thursday November 10, 12:13 pm ET
BLUE ISLAND, Ill.--(BUSINESS WIRE)--Nov. 10, 2005--RushNet, Inc. (Pink Sheets: RSHN.PK - News) is pleased to announce the addition of e-O2 Sports Water(TM) to its wholly owned e-water(TM) brand line-up. Alkaline e-O2 Sports Water(TM) is a super-oxygenated, super-hydrating bottled water containing a patent-pending energy formula which helps normalize total-body acidity and promotes fast muscle recovery from moderate to strenuous exercise. The energy formula consists of a unique blend of pH-balanced electrolytes, vitamins, and trace minerals which make tiny changes in blood pH to improve alkalinity and reduce lactic acid. Build-up of lactic acid in muscle tissue is a leading cause of muscle fatigue and so-called "runner's wall."
ADVERTISEMENT There are other benefits of e-O2 Sports Water(TM). According to the American Journal of Nutrition (Vol. 76; 2002): "From an evolutionary perspective, being slightly alkaline from a low-acid, high-alkaline diet is the natural and optimal state of humans."
e-O2 Sports Water(TM), in half-liter bottles, will soon be offered to natural foods retailers in RushNet's extensive distribution network. In early 2006, RushNet plans the introduction of e-O2 Sports Water(TM) in handy eight-ounce foil sports pouches--intended for sale, initially, to thousands of convenience stores health/fitness clubs, sporting goods outlets and golf courses nationwide.
Robert Corr, president of RushNet, Inc., said, "Tasty e-O2 Sports Water(TM) is an outgrowth of years of scientific research and development by a distinguished nutritional scientist. The patent-pending formulation is a boon to anyone who likes to exercise, but doesn't like muscle pain and fatigue. The addition of pressurized-oxygen in e-O2 Sports Water(TM) enhances the assimilation of the special pH-balanced muscle-recovery formula."
"Adding entries like e-O2 Sports Water(TM) into the e-water(TM) line-up is part of RushNet's strategy of building a mega-brand name in the functional water category," Corr stated. "The response we are getting from wholesalers and retailers, eager to procure the e-water(TM) brand, is phenomenal. We are looking forward to spectacular growth in this category in coming months."
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Specialty Soda Maker Hopes Loyal Customers Are Thirsty For IPO By GARY GENTILE AP LOS ANGELES (Dec. 26) - Chris Reed sits back in his cluttered office, his graying hair in a pony tail, wearing a green and yellow tie-dyed T-shirt that bears the name of the beverage company he started 15 years ago and now wants to take public.
Around him are his products: ginger ale, lemon guava ginger brew and some sidelines - ginger ice cream, crystalized ginger candy.
"I'm a ginger freak," he says.
Reed, 47, is hoping his loyal customers are as enthusiastic about the prospects of Reed's Inc. as they are about its drinks.
Tags placed over the necks of soda bottles are offering customers the chance to buy shares for $4 each directly from the company in an initial public offering that Reed hopes will raise as much as $8 million.
It's an unusual approach that has worked in the past - most notably for Ben & Jerry's ice cream, which was later sold to Unilever NV, and Boston Beer Co., which brews Samuel Adams.
But some analysts say Reed's sales of just $9 million in 2004 make it too small to be considered a smart play for investors. The stock would be traded over the counter - not by the New York Stock Exchange or another large exchange - and could be overlooked by investors and financial analysts.
Reed is pursuing the IPO because he sees a huge opportunity in the growing thirst for healthier alternatives to sugary sodas. His goal is to expand the brand nationally, following the same model used successfully by larger rivals such as Snapple and Arizona Iced Tea.
Sales in the natural beverage category, which includes juices, sodas and energy drinks, were estimated at about $16.3 billion in 2004, a jump of 10.7 percent over the previous year, according to Beverage Marketing Corp., a consulting group. The traditional soda market remained essentially flat.
"There's a lot of innovation around products that fall under the umbrella of 'good for you,"' said Gary Hemphill, managing director of Beverage Marketing. "Increasingly that's the direction the consumer is moving."
Ironically, one of the bigger players in the field is Hansen Natural Corp. based in Corona, Calif., whose most popular product is the Monster energy drink. The company produces natural sodas and juices, but sales really took off since introducing Monster in 2002. Hansen's stock price has more than tripled this year alone to about $83.
Other major players in the sector are Snapple, a unit of Cadbury Schweppes PLC, and SoBe, owned by PepsiCo Inc.
Reed said he would use the money from his IPO to expand sales beyond health food and specialty stores. His products have made their way into Southern California supermarkets, but Reed has not been able to afford the fees charged by large national chains for the shelf space needed to significantly increase sales.
Kathy Smith, a principal at Renaissance Capital in Greenwich, Conn., says potential investors should scrutinize Reed's stock prospectus and financial statements.
"It's an interesting come on," she said of the direct-to-consumers IPO. "But investors have to look at the real stuff that is going to matter and make sure it's the right thing for them."
The prospectus shows sales at Reed's grew 33 percent in 2004 to $9 million and that the company recorded a net loss each of the past two years, although it has been profitable in the past. Much of the loss was due to costs associated with an aborted stock offering several years ago and investment in the company's new downtown Los Angeles brewery.
The losses narrowed in 2004 to $479,371 from $771,997 in 2003, according to the prospectus.
The document also points out that Peter Sharma, a member of Reed's board, is also a selling agent for Brookstreet Securities Corp., the lead underwriter of the IPO.
Reed said he has subsequently asked Sharma, a longtime friend and trusted advisor, to leave the board after some investors expressed concern over the arrangement.
"It's hard for me to wrap my mind around how people see it as a conflict," Reed said.
Reed could be accused of being naive when it comes to operating a public company. While he wants the flexibility gained from raising capital from the public, he chafes at the possibility that investors will dictate how he runs his company.
"I didn't get my company to what I call the starting line to be pre-empted by a big player," he said. "I'm not much of a corporate guy."
If all the current shares are sold, Reed and his family would continue to own a majority stake in the company.
Reed said he has considered buyout offers from larger companies and private investment groups but isn't ready to give up control just yet.
"I've been crawling and now I can walk a little bit and am starting to trot," Reed said. "We've not fueled up yet. We've not had our first infusion of serious capital to run."
Copyright 2005 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. All active hyperlinks have been inserted by AOL.
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