RushNet Inc (RSHN) closed the last trading session at $0.0171 after seeing its market cap rise 37.90% to $132.78M. RushNet stock recently traded 1.12B shares, exceeding its average daily volume of 223.58M shares.
Additionally, the RSHN stock has been trading between $0.0130 and $0.0190. There are 7.76 billion shares outstanding and 7.13 billion float in pink sheets. RSHN stock rose as its merger target launched a national sales campaign.
The campaign was for what?
RushNet is a groundbreaking company that aims to improve quality of life and longevity for people. Nutraceuticals, CBD, land, educational material and more are among RSHN’s broad range of products and trademarked brand Herbal Therapeutics. The RSHN staff includes specialists in CBD, cultivators, and healthcare specialists, making it the only company to be able to tackle a wide range of diseases at one time.
RushNet yesterday announced that its merger/acquisition target heliosDX will be launching a National Sales Campaign.
- As part of the deal, RSHN/helioDx will utilize Verb Technology Company, Inc.’s cutting-edge interactive platform, verbTEAMS, and verbLIVE.
- helioDX is preparing to launch a national campaign in the near future to strengthen the brand and reach more customers.
- By adopting verbTeams, the company gets the power to increase sales, increase closing ratios, optimize costs, and expand business across the country.
- Through verbTeams, heliosDX is able to have an entire sales force at a fraction of the cost of traditional field sales.
Other moves by RSHN:
RushNet (RSHN) announced recently that heliosdDX has signed a binding letter of intent to acquire a privately held laboratory with revenue of $10,000,000 annually that processes up to 5,000 tests monthly with a capacity for 12,000 tests monthly.
heliosDX’s presence across the country will grow thanks to this acquisition, which will also reduce costs, triple the sales force, and allow the company to process substantially more tests within the UDS portfolio. And this will eventually be benefiting for the RSHN going forward.