Rushnet Inc Stock Price, News & Analysis

RushNet, Inc (OTC PINK:RSHN) has announced the appointment of Yann Gerville-Reache as the Chief Operations Officer for its subsidiary heliosDX, effective August 2, 2021. Gerville-Reache brings over 20 years of experience in various sectors including Transportation and Energy, with a strong background in lean manufacturing and project management. His role will focus on enhancing operational efficiency and supporting sales and customer experience initiatives at heliosDX, a clinical reference laboratory expanding its capabilities across 44 states.

RushNet, Inc. (OTC PINK:RSHN) announces a comprehensive six-month Nationwide Media Blitz in partnership with FMW Media Works, reaching over 300 million homes. The campaign includes 660 national commercial spots across major networks like Fox News and CNN, along with digital billboards in New York. CEO Ashley Sweat highlights this initiative as pivotal for building the heliosDX brand, aiming for significant revenue growth. The company anticipates annual revenues of $25 million post-acquisition of a private lab, enhancing shareholder value.

RushNet, Inc (OTC PINK:RSHN) announced a 6-part interview series with FMW Media's New to The Street/Newsmax, reaching over 300 million homes via networks including Fox Business and Bloomberg. This coincides with their acquisition of heliosDX, a National Diagnostics Laboratory, which enhances growth potential. The company plans to launch a National Sales Campaign using Verb Technology Company, Inc. (Nasdaq:VERB)'s innovative marketing platform to reduce costs associated with traditional sales. Broadcasts start July 31, 2021.

RushNet, Inc. (OTC PINK:RSHN) announces Scott Wakeman as the first board member for heliosDX following its split-off from RushNet. Wakeman, an experienced executive with a background in marketing and operations, is expected to enhance heliosDX's branding and sales strategies. The company has completed its Phase One rebranding and is preparing for a national sales campaign aimed at increasing market presence. Additionally, RushNet shareholders will receive a dividend of heliosDX shares and can convert qualified RushNet shares post-split-off, potentially enhancing value.

RushNet, Inc (OTC PINK:RSHN) has successfully completed the acquisition of heliosDX, effective July 1, 2021. This National Clinical Reference Laboratory reported annual revenues of approximately $4.29 million in 2020, with 2021 projections reaching $6 million. The acquisition is expected to elevate annual revenues beyond $16 million, with an ambitious target of exceeding $50 million within two years. heliosDX aims to expand its offerings and improve its market position following the integration of a privately held laboratory, enhancing its specimen capacity and potential growth in infectious disease testing.

RushNet, Inc. (OTC PINK:RSHN) has provided an update on its roadmap, highlighting the acquisition of heliosDX and the enhancement of spinoff dividends. Key developments include the completion of disclosures, a record-breaking financial update, and the cancellation of a reverse stock split. RushNet shareholders are set to receive shares of heliosDX and have the exclusive right to purchase additional shares at a significant discount. The recent Binding Letter of Intent with a private lab could potentially triple heliosDX's annual revenue, bolstering future growth prospects.

RushNet, Inc. (OTC PINK:RSHN) announced the closing of its transaction with heliosDX, pending compliance with OTCMarkets audit requirements. The company plans to spin off heliosDX, rewarding shareholders with a dividend of up to 12 shares per 1000 shares owned. Following this, RushNet will also spin off, with further dividends to be detailed soon. Additionally, RushNet is set to acquire Grandeza Healthcare Consultants, projected to generate over $1,000,000 in revenue this year. This strategy aims to maximize shareholder value through operational synergies.

RushNet, Inc (OTC PINK:RSHN) announces the launch of a National Sales Campaign in partnership with heliosDX using Verb Technology Company, Inc. (Nasdaq:VERB) platforms, verbTEAMS and verbLIVE. This campaign aims to enhance brand visibility and sales efficiency. The interactive technology facilitates virtual sales meetings and allows for accessibility to marketing materials during calls, potentially increasing revenues. HeliosDX has shown significant growth over the past two years and is contracted in 44 states, seeking further expansion.