RushNet Inc. (OTC:RSHN) Stock Gains Momentum at Lower Level

RushNet Inc. (OTC:RSHN) boasts a history that goes back a quarter of a century, and this morning it could well be one of the companies worth looking into. On December 8, the company hit the newswires after it announced the launch of RushNet Revival, a path-breaking new initiative.

The company noted in its news release that the launch was a significant new chapter in RushNet’s journey since it would signify a move into the digital age. The company would work on the launch of modern strategies so as to boost its presence in the market as well as in the community. The company revealed that the RushNet Revival was not merely a comeback initiative. It was more of a change in community engagement in the age of the internet.

The Chief Executive Officer of the company, Ashley Sweat, spoke about the latest development on Friday. She noted that in a dynamic industry, it was necessary for businesses to adapt and evolve continuously. The RushNet Revival initiative was more than a pledge to the shareholders for higher revenue generation for the company. It was also an initiative that would be involved with the reintroduction of some of the more valued products.

As part of the initiative, RushNet would also work on future acquisitions. It was a major new move in the overall journey of the company as a business, she noted, and it was filled with considerable potential and promise. In the news release, it was also noted that the company was committed to leveraging the value of its rich history and embracing new strategies as well as technologies simultaneously. Over the past 25 years, the company has evolved rapidly and embraced evolution and change at every point. It remains to be seen how investors react to the latest development.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.