SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RushNet (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: donpat who wrote (68)6/25/2007 9:36:27 AM
From: xcentral1  Respond to of 96
 
RushNet Makes Offer for East Coast Bottled Water Plant

BLUE ISLAND, Ill., Jun 25, 2007 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets: RSHN) announced today that it has agreed to form a joint venture to purchase a bottled water plant in Northern Georgia. What makes this plant unique is that it lies directly over the largest deep-water aquifer in the Eastern part of the United States, called the Crystalline Aquifer. The plant will manufacture RushNet's e-water(R) brand for the Eastern United States and the Midwest.
The Georgia plant has been operating for over 5 years at this location and its direct access to the unlimited supply from this Aquifer allows for continual expansion at the same site. The water is accessed by a single shaft drilled directly into the Aquifer at over 650 feet deep. The plant can presently access over 300 gallons per minute directly into the bottling plant from the current flow. The quality of the water has been tested by the RushNet technical support team and those results have confirmed that the water is perfect for its e-water(R) brand. With 90 ppm of total dissolved solids (trace minerals) and a great smooth taste, this Artesian water is ideal for use with the e-water(R) formula of 70+ electrolytes and natural fulvic acid.

RushNet will participate in the management and marketing of the plant's products besides its e-water(R) brand, as well as pledge restricted securities during the buy out period for its position in the purchase. Capital expenditures needed for the purchase of additional equipment such as blending tanks and filtration systems will be financed with capital raised from private investment partners.

Robert Corr, President of RushNet, stated, "The growth of e-water(R) over the last year and a half has created the need to produce it in the Eastern U.S. This opportunity will significantly lower our cost of goods to distributors in this territory, thereby increasing the money available for promotion of the brand and further accelerating its growth. We as a company were very fortunate to find this source of water for our brand. Our preliminary tests on e-water's(R) effect on the body have been unique among all bottled waters, and we have undertaken scientific studies to confirm these results. Once these results are available they will be published on our website. As the one representing the interests of our whole stockholder base, I felt it was imperative that we secure an Eastern water source for e-water(R) that meets our criteria, and we've found it."

In other e-water(R) news RushNet, Inc. is proud to announce it has been granted a Trademark Registration in Japan for the name e-water(R), another important step to bringing the product to market there.

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.

SOURCE: RushNet, Inc.



To: donpat who wrote (68)8/7/2007 9:04:16 AM
From: xcentral1  Respond to of 96
 
RushNet Increases Apple Rush Distribution At The Kehe Foods Show
BUSINESS WIRE
Posted: 2007-08-06 11:17:32
BLUE ISLAND, Ill.--(BUSINESS WIRE)----RushNet, Inc's (RSHN) participation in the Kehe Foods Tradeshow held last week in Chicago was quite successful for the company. Kehe Foods recently approved the whole Organic Apple Rush line for distribution in their vast network that covers 37 states in the US and Mexico. With three state-of-the-art distribution centers in Illinois, Texas and Utah, Kehe is the premier U. S. Distributor of natural, specialty and ethnic grocery products with over 9,000 customers. That customer base encompasses all the major and independent grocery chains within their territory, and they will be expanding into the Southeast with a new distribution center in the near future.

Robert Corr, President of RushNet was quoted: "With CA Fortune (RushNet's Kehe food broker) in place, we see an expedited development path for many new accounts through Kehe in the coming months. Throughout the Kehe Show numerous grocery chains, both large and small, showed great interest in bringing Apple Rush into their stores. Two major regional Grocery Chains indicated they were planning to introduce Apple Rush early this fall. Overall, we found that the show yielded some valuable contacts that will ultimately translate into real sales. This show was another solid step in launching Organic Apple Rush into a national brand."



To: donpat who wrote (68)1/17/2008 9:28:51 AM
From: xcentral1  Read Replies (1) | Respond to of 96
 
RushNet Declares Dividend of Apple Rush Shares
BUSINESS WIRE
Posted: 2008-01-16 11:26:18
BLUE ISLAND, Ill.--(BUSINESS WIRE)----RushNet, Inc. (RSHN.PK) announces that it has declared a dividend of 8,625,534 shares of Apple Rush, Inc., to be distributed to RushNet, Inc. stockholders of record on January 23, 2008 on the basis of 1 Apple Rush share for every 896 RushNet shares held with fractional shares rounded to the nearest whole number. Distribution of the dividend will commence on Monday, January 28, 2008 and be completed as soon as possible. RushNet stockholders holding their shares with a broker-dealer should receive from their broker-dealer, notification of the amount of dividend for each stockholder as well as the costs and procedures for a certificate registered directly to the stockholder if so desired. The Apple Rush shares are restricted securities which have not been registered with the Securities and Exchange Commission. The Company anticipates that Apple Rush, Inc., will be filing a registration statement including these shares for public resale in the current quarter.

Robert Corr, President of RushNet, Inc. stated: "This dividend is the fulfillment of a commitment to the RushNet stockholders on the spin out of Apple Rush, Inc., made in November 2007. It's another important step in our synergistic business development of RushNet and Apple Rush (APRU.PK) and the promotion of shareholder value."

RushNet Inc. www.enjoytherush.com is a beverage marketing company with a dynamic array of natural and organic beverages that it sells to distributors throughout the U.S. and into export markets. The line of quality beverages includes; e-water (R) (RushNet is the brand owner), Ginseng Rush (R), Ginseng Rush XXX and Rush Cola (R). Apple Rush www.applerus.com is a separate Public Company that produces and markets a line of Sparkling Organic beverages.