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RushNet, Inc. Renegotiates for Control of Apple Rush Tuesday January 9, 1:57 pm ET
BLUE ISLAND, Ill.--(BUSINESS WIRE)--RushNet, Inc. (Pink Sheets:RSHN - News) announced that it has renegotiated for 51% ownership of the new Apple Rush(TM) Company. After further deliberation, feedback and consideration of the benefit to shareholders, RushNet, Inc., and its shareholders, will now have control over the new Apple Rush(TM) Company with a 51% ownership of the brand, rather than the previously announced dividend and warrant options. Plans are still progressing to make the Apple Rush Company a public company.
The Apple Rush(TM) Company, a separate Nevada Corporation, will become an operating subsidiary of RushNet, Inc. As part of its investment and ownership stake, RushNet has funded current initial expenditures and will continue to handle all sales & marketing aspects of the Apple Rush(TM) line. To date, the Apple Rush Company and RushNet have contracted enough Apple Juice and other organic juice concentrates to produce over 50,000 cases of finished product.
Robert Corr President of RushNet noted: "We have sought further counsel from financial advisers, and listened to our stock holders. This restructured deal keeps RushNet, Inc. in control of the new line of Apple Rush(TM) 100% Organic juice beverages. We pledge that our goal is to build share value for our RushNet investors. Overall, this is a better deal for shareholders with a product line that shows great potential. The new product design for the Apple Rush line, with additional flavors in 4-Paks, will be presented to stockholders within two weeks."
Disclaimer: The Company relies upon the 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.
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0.0008 -0.0001 11.11% vol. 40,616,000 God, please save me!
Wash your demons down: Bottled holy water for sale Store owner says reaction from the religious community has been positive so far By Cheryl Winkelman, STAFF WRITER Article Last Updated: 01/08/2007 06:45:33 AM PST
LINDEN Sinners beware: Taking a swig of the newly bottled Holy Drinking Water could cause burning, sweating, skin irritations, rashes, watery eyes and a pale skin color. For those a little less evil, drinking the water could remind them to be a better person, said Brian Germann, president of Linden-based Wayne Enterprises Inc., a company that just placed the water on one store's shelves last week.
Holy Drinking Water is sold only at Rinaldi's Market in Linden. But a 99-cent, 16.9-ounce bottle soon will be available at other grocery stores and mini marts, as well as online, Germann said.
The "warning to sinners" labelabout adverse physical conditions printed on the bottle is part disclaimer, part ploy.
"We kind of are actually being a little bit serious," he said, "but we're using a marketing strategy for the younger generations."
Especially for those who have watched a lot of scary movies, he added.
The water is purified and blessed, Germann said. He has two clergymen from two different religions blessing it and hopes to attract the help of clergymen, rabbis or holy people from each religion.
Germann won't release the names of those who bless the water he said he wants to protect them from "unnecessary peer pressure" from clergy who may not support the idea and said he understands "this has the potential to be a controversial product."
So far, Germann said the reaction from the religious community has been positive. However, those interviewed were skeptical. Virginia Meagher, liturgy coordinator at the Catholic Diocese of Stockton, said bottled holy water isn't sacrilegious, but "it's probably not something we would encourage."
Water, she said, can be blessed by a priest or deacon at any time, but it's then to be used to bless a new house or a sick person or in a religious ritual.
Selling holy water "seems to be against the reason we bless water," Meagher said.
According to Judaism, food and water can be blessed before consumption by any member of the faith, but "I can't bless the water for someone else," said Rabbi Avrohom Brod of the Chabad of Stockton.
And water isn't blessed during the Jewish service, he said.
Still, Holy Drinking Water is selling well at Rinaldi's Market, said manager Victor Fong.
"Even the phone calls are coming in people are asking," he said.
After only about a week on the shelves, 10 of the 15 cases are gone, Fong said.
The water sits unassumingly at the front of the store, next to the Sara Lee bagels and Italbrand spaghetti. No heavenly white lights beam down on it.
Customer Linda Jenkins, buying something from the nearby deli, said she wouldn't replace holy water from a church with Holy Drinking Water.
As a Catholic, she wasn't offended by it but said holy water couldn't be marketed.
"I mean, as a prank," she said, "it's funny."
"Pretty soon," she joked, "they'll have holy bread."
Rinaldi's Market is at 4625 N. Duncan Road, Linden.
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