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RushNet Racks Up Solid Results at Major Trade Shows
October 18, 2006 09:25:09 (ET)
BLUE ISLAND, Ill., Oct 18, 2006 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce the success of the Company's October 2006 exhibitions at two major trade shows, Expo East (Baltimore) and the National Association of Convenience Stores Show (NACS; Las Vegas). The Company's all-natural and organic products generated tremendous interest from trade buyers: distributors, chains and independents.
Expo East Highlights
Numerous retailers praised the Company's Organic Apple RUSH(TM) and Organic Apple RUSH with Raspberry(TM) as "real winners" for their exceptional taste and design. This rousing send-off has RushNet working with full speed to make these beverages available to wholesalers. The Company believes that their new sparkling and organic all-juice beverages stand alone in the dominant 12-oz. size, and have no counterparts. Izze's and Knudsen's sparkling 12oz juices are not organic.
e-water(TM) made another big impression here and could be seen in people's hands all over the convention. It was definitely the water of choice at Expo East, and it has recently garnered new distributor approvals.
Spanish-language labels fanned export commitments from Puerto Rico and Peru for Ginseng Rush, Ginseng Rush XXX(TM) and Rush Ginseng Cola(TM). English-speaking Jamaica, reflecting Caribbean partiality to ginseng, also committed. Orders from distributors in all three nations are expected soon.
NACS Show Highlights
RushNet was barraged with over 100 formal inquiries--from large distributors, convenience-store chains and independents--about the Company's product lines, especially, Organic Apple RUSH(TM) and Organic Apple RUSH with Rasberry(TM), e-water(TM) and the new 2-Pak of American Ginseng Capsules.
"NACS was, without a doubt, our best show ever," said Robert Corr, President of RushNet, Inc. "There was enormous interest in our products; we are following up all inquiries now. In coming months, the Company expects to do a lot of business with convenience stores and gas stations."
Sales Update
By mid-October 2006, RushNet, Inc. had achieved sales equal to its entire 2005 revenues. Sales are running 20% ahead of last year's pace.
Coming Tradeshows
RushNet will exhibit at the 9th America's Food and Beverage Show in Miami on November 8-10. This show, consistent with RushNet's aggressive export strategy, brings together buyers and exhibitors from 28 countries, many from Latin America. RushNet will also exhibit at regional Natural Products tradeshows in Seattle and Orlando. These shows bookend the large Miami show and complete RushNet's 2006 tradeshow schedule.
RushNet Inc. is licensed marketing agent for Rush Beverage Company whose products include all-natural soft drinks Ginseng Rush(R), Ginseng Rush XXX(TM), Rush Ginseng Cola(TM) and the Organic Apple RUSH(TM) line. RushNet, Inc. is brand owner of e-water(TM).
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
SOURCE: RushNet, Inc.
RushNet, Inc. Robert Corr, 708-389-6625
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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RushNet, Inc. Updates e-water(TM) Japan; Prepares Holiday Promotions Last Update: 4:34 PM ET Oct 27, 2006
BLUE ISLAND, Ill., Oct 27, 2006 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce the following developments: 1) RushNet's relationship with its Japanese importer has gained momentum as RushNet prepares for first Japanese purchase order of e-water(TM). The importer, representing a significant portion of the Japanese beverage market, is seeking exclusive rights to sell e-water(TM) in Japan. An agreement, favorable to both Company and importer, is being fashioned so that consumers throughout Japan can enjoy e-water(TM), a wholly owned RushNet, Inc. product. 2) RushNet is coordinating special holiday promotions for its carbonated products with regional U.S. distributors. Company reports increasing order-flow and strong demand. 3) RushNet is applying for "USDA Organic" seal for its acclaimed Organic Apple RUSH(TM) line. The Minnesota plant packing Organic Apple RUSH(TM) is also applying for "USDA Organic" certification for said facility. Following USDA approval, RushNet, Inc. would become an "Organic Trading Agent." 4) Organic Rush Cola(TM) will be rolled out next summer in bottles and cans throughout the USA and in Canada by early 2007 5) In two weeks, Company will inaugurate a new website featuring corporate updates. 6) The Non Objecting Beneficial Owner (NOBO) list, under intense review by RushNet, counts 4,231 individual shareholders, constituting a significant fraction of total shareholder base. To obtain the most accurate outstanding share count, Company has further requested ADP provide an exact number of RushNet, Inc. common shares classified as "OBO," i.e., belonging to Objecting Beneficial Owners. Studies show "OBO" share totals generally exceed "NOBO" totals. RushNet expects to publish an outstanding share count and revised official issued-and-outstanding share count in November. RushNet, Inc. is licensed marketing agent for Rush Beverage Company whose products include all-natural soft drinks Ginseng Rush(R), Ginseng Rush XXX(TM), Rush Ginseng Cola(TM) and the Organic Apple RUSH(TM) line. RushNet, Inc. is brand owner of e-water(TM).
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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Posted by: jStellar In reply to: AK47 who wrote msg# 20347 Date:10/27/2006 3:57:16 PM Post #of 20368
I just got an email from Tom Swan that was a forwarded email convo between him and a Tom Sullivan explaining a lot of the deals in the works. Tom Sullivan asked for permission to post on IHUB and Swan granted it.
I'll gladly post Swan's part:
Hi Tom - You can call Bob next week. I understand that if the Brewery deal happens its not likely to include Lynch. Garden Beverage is progressing well and has secured its financing with additional investors involved. RushNet will own a portion of it with the outside investors, and RushNet will manage the whole operation. Apple Rush is attracting its own group of investors who want to set it up as a separate Co. with RushNet retaining the marketing rights. The attraction is more capital to work with to bring more products out and drive them deeper into the market. We have an opportunity in 2007 with no other lines (IZZE, Knudsen etc) being Organic and in 12oz bottles, the dominant package, to carve out shelf space and market share that won't be as easy in 2008. The Organic food market is growing 20% a year, and for a while now. Its projected to 32-35 billion by 2009, doubling from this year. We have 4 new Apple Rush products in development, with 4-Paks for all of them, for introduction in January. We do want to get off the Pink Sheets at some future point.
Best Regards, Tom S.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
WOW!!!!RushNet, Inc. Retires Two Billion Issued-and-Outstanding Shares Thursday November 2, 9:40 am ET
BLUE ISLAND, Ill.--(BUSINESS WIRE)--RushNet, Inc. (Pink Sheets:RSHN - News) is pleased to announce the Company has reacquired and retired two billion of its issued-and-outstanding common shares and returned them to treasury. As a result, the number of outstanding common shares is reduced from 5.4 billion to 3.4 billion issued-and-outstanding common shares. The company is evaluating whether further reductions in share structure may be warranted.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
Double WOW! RushNet, Inc. to Bring Subsidiary Public and Issue Dividend
Last Update: 9:15 AM ET Nov 3, 2006
BLUE ISLAND, Ill., Nov 03, 2006 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce that, due to the universally enthusiastic response to its Organic Apple RUSH(TM) line, the Company plans the public initiation of a new subsidiary called the Apple Rush Company. According to Robert J. Corr, president of RushNet, Inc., every RushNet, Inc. shareholder of record will receive, within a prescribed time frame, a dividend of free-trading common stock ownership in the Apple Rush Company. Corr said that execution of this plan is expected to occur within 90 days. The Company will soon set and announce the number of shares of Apple Rush Company each RushNet, Inc. shareholder will receive along with the ex-dividend date. The Apple Rush Company will be launched as a publicly traded company and will own all rights to the Organic Apple RUSH(TM) line of products. Apple Rush Company will market and license Apple Rush products exclusively through RushNet, Inc. RushNet, Inc. also announced that new Organic Green Apple RUSH(TM) is in development. Further, the Company plans to add seven new flavor varieties of Organic Apple RUSH(TM) to its line-up including blackberry, cranberry, pomegranate, black cherry and others. RushNet, Inc. is the licensed marketing agent for Rush Beverage Company whose products include all-natural soft drinks Ginseng Rush(R), Ginseng Rush XXX(TM), Rush Ginseng Cola(TM) and the Organic Apple RUSH(TM) line. RushNet, Inc. is the brand owner of e-water(TM).
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
RushNet, Inc. Incorporates the Apple Rush Company; Updates Dividend Plan Wednesday November 8, 9:20 am ET
BLUE ISLAND, Ill.--(BUSINESS WIRE)--RushNet, Inc. (Pink Sheets:RSHN - News) is pleased to announce to its nearly 5,000 stockholders that the Company has: ADVERTISEMENT
1) formally registered Apple Rush Company, Inc. as a Nevada corporation;
2) secured world-wide-web domain rights to OrganicAppleRush.com, AppleRush.com, AppleRush.net, AppleRush.org, AppleRush.biz, AppleRush.us and AppleRush.info;
3) initiated transfer of all Apple Rush trademark applications to Apple Rush Company, Inc.
RushNet also disclosed an overview of a previously announced plan to spin-off free-trading shares of Apple Rush Company, Inc. as a dividend to stockholders.
According to Robert Corr, president of RushNet, Inc, the Company plans to declare a special dividend of one unit of Apple Rush Company, Inc. per a fixed number of RushNet, Inc. shares. The unit will consist of one free-trading share of Apple Rush Company, Inc., an OTC bulletin board company, and two attached warrants.
The first warrant will give the unit holder the right to buy one free-trading share of Apple Rush Company, Inc. at 66 2/3% of the closing price averaged over the first five days of public trading of said company. This warrant will expire in 45 days from commencement of trading in the underlying security.
The second warrant will also give the unit holder the right to buy one free-trading share of Apple Rush Company, Inc. The second warrant will be exercisable until 29 June 2007 at a price equal to twice the closing price averaged over the first five days of public trading of Apple Rush Company, Inc.
Corr said complete specifics of the dividend transaction would be forthcoming.
While RushNet, Inc. expects to complete, before 90 days elapses, the spin-off of its subsidiary Apple Rush Company, Inc. to the OTC bulletin board, the timetables of all transactions of this type are ultimately governed by rules and regulations of the U.S. Securities and Exchange Commission.
"Equity in the Apple Rush Company is our gift to loyal shareholders," explained Corr. "RushNet stockholders, not a few fortunate financiers, can own the company which owns the sparkling Organic Apple RUSH(TM) line of organic beverages that has our industry all agog. After three years in business, IZZE® peddled its line of non-organic sparkling fruit juice to PepsiCo for $75 million, reportedly. This is a hot sector, and Apple Rush Company is a competitor."
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Why even have 2 Rush stocks. Seems to me they need to first and FOREMOST get one off the groud before they launch, or attempt to launch another stock offering. So if apple Rush becomes a bigger hit than the other Rush company drinks, do qwe as holders of Rush co 1, receive benifits. IOW are we a holding co?
-------------------- Do not invest on any of my suggestions Posts: 1215 | From: baton rouge | Registered: Apr 2006
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Yes as RSHN is still the marketing agent for apple rush. Just like how it is now. But with the new company, us RSHN shareholders will get free shares into the new company apple rush. If apple rush sells big, RSHN gets it share as well.
Posts: 583 | From: Northridge, CA | Registered: Apr 2006
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posted
RushNet, Inc. Opens Up Caribbean Distribution and Gives a Business Update.
Update: 12:25 PM ET Dec 15, 2006
BLUE ISLAND, Ill., Dec 15, 2006 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets:RSHN) is pleased to announce that it has signed its first Distributor in the Caribbean. An initial order for a full 40' container of all of RushNet's products has been received from The Natural Food Center (NFC) of Mayaguez, Puerto Rico. Their order has just been produced and will be shipped the week of December 18. RushNet sees NFC, a well- established company that has earned an excellent reputation within Puerto Rico's burgeoning natural foods industry, as a great fit with RushNet. The NFC relationship grew out of a meeting at the recent Expo East and will be the first of many new island Distributors as RushNet ventures into the Caribbean with its marketed products The company is continuing to negotiate additional Distribution Agreements with companies in Jamaica and Trinidad." Robert Corr, RushNet CEO stated. "We see great opportunity for RushNet products in the Caribbean. The trend toward healthful, quality food products is definitely growing within this region and Ginseng usage there is at an all time high. This is a great inroad for us into a new market that we had not aggressively sought in the past. It is our plan to further expand the sales effort into this region as we continue to receive inquiries from other Caribbean Distributors." RushNet announced that it is making headway in its approval process with e-water(TM) for Japan. The company has just completed the necessary laboratory analyses and envisions that its Importer will soon complete the other approval processes steps required by the Japanese Government. The first Purchase Order is expected next month with product anticipated to arrive before Spring. Tom Swan, the project manager at RushNet, stated: "We continue to see favorable results in the extensive testing being completed here. We feel that RushNet is progressing at a good pace in the project and hope to complete the process soon." The Apple Rush line continues to pick up pace in its development. Much of the groundwork is complete for new flavors and packaging that will be showcased at the Fancy Food Show in San Francisco January 21-23. The company will introduce three to four new flavors in the line at west coast trade how. The effort to launch Apple Rush as its own publicly traded company continues. Stockholders of record in RushNet, Inc. as of Dec. 29, 2006 will receive stock in the Apple Rush Company as a Dividend. Additional details will be communicated early in 2007. The long awaited RushNet website is just days away from launch. This website will be a valuable communications tool for RushNet with both consumers and its investors; timely company updates and in depth product information will be the cornerstones of the site's focus in getting its message out to the public. As a sidebar, the company reports strong orders for the Apple and, especially, Apple Raspberry Rush products on its present website. The NOBO list and DTC Security Position Reports are in the process of continued analysis. To date we have found that our reconciliation process did not yield as many unaccounted shares as we thought there would be. This means that, so far, there is only evidence of a small amount of possible naked shorting of the company's stock. We will continue to research this and publish our findings when we can be more definitive on what these reports are truly showing. RushNet reports too that it continues to see new retail chain approvals for its products in various markets throughout the U.S, but especially in the Northeast and Southwest. The company has made changes in its Broker representation in Chicago and Los Angeles. Finally, Robert Corr and all those working at, and on behalf of, RushNet, Inc. and The Apple Rush Company wish our loyal shareholders a happy Holiday Season and a healthy and prosperous New Year. We thank you for your valuable suggestions and steadfast support.
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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RSHN dividend news!!! The Apple Rush line continues to pick up pace in its development. Much of the groundwork is complete for new flavors and packaging that will be showcased at the Fancy Food Show in San Francisco January 21-23. The company will introduce three to four new flavors in the line at west coast trade how. The effort to launch Apple Rush as its own publicly traded company continues. Stockholders of record in RushNet, Inc. as of Dec. 29, 2006 will receive stock in the Apple Rush Company as a Dividend. Additional details will be communicated early in 2007.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
Anyone follow Hansen? We are following their lead!!!
NEW YORK - A Stifel Nicolaus analyst on Wednesday said Hansen Natural Corp., maker of the popular "Monster" energy drink, appears ready to prosper in what he described as an underdeveloped category.
In a note to investors on Wednesday, analyst Mark Swartzberg said Hansen, and its Monster energy drink, which accounts for 80 percent of Hansen sales, has grown its share of the energy-drink category to an estimated 25 percent this year and should see that grow to 30 percent in two years. Red Bull is the category leader, with a 38.5 percent shares as of the end of 2005.
The category has "significantly" outpaced the growth in the carbonated beverage category recently, a trend Swartzberg believes will continue. Symbol HANS...... http://www.cnbc.com/id/16299457/for/cnbc/
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
The Apple Rush line continues to pick up pace in its development. Much of the groundwork is complete for new flavors and packaging that will be showcased at the Fancy Food Show in San Francisco January 21-23. The company will introduce three to four new flavors in the line at west coast trade how. The effort to launch Apple Rush as its own publicly traded company continues. Stockholders of record in RushNet, Inc. as of Dec. 29, 2006 will receive stock in the Apple Rush Company as a Dividend. Additional details will be communicated early in 2007.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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Lets Get'er Done Bob!!!! The long long long awaited RushNet website is just days away from launch. This website will be a valuable communications tool for RushNet with both consumers and its investors; timely company updates and in depth product information will be the cornerstones of the site's focus in getting its message out to the public. As a sidebar, the company reports strong orders for the Apple and, especially, Apple Raspberry Rush products on its present website.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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I think that we can all FINALLY agree that Bob has some serious management / control issues and appears to be on the 500 year plan. He expects all RSHN investors to be patient, but the problem is that the human life expectancy isn't that nearly that long. Over 25 years in the making and we're still sub-penny. Wouldn't it be nice if Bob would just sell out and let someone else actually do something with this? Posts: 616 | From: Mid West | Registered: Mar 2006
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