RushNet, Inc. Announces Public Initiative for Apple Rush Company, Inc.
Apple Rush operated as a division within RushNet, which holds the largest minority interest in Apple Rush. RushNet originally held 51% of the total shares before the company went public.
01/11/07 RushNet, Inc. (RSHN) the beverage marketing firm, announced that it has successfully moved a joint-venture company, Apple Rush Company, Inc. (Apple Rush), into the public arena. Apple Rush’s 15c211 filing process with FINRA has been completed and approved. Apple Rush will soon be trading on the Pink Sheets under the symbol APRU.
Until very recently, Apple Rush was a joint venture between RushNet, Inc. and Rush Beverage Company. Apple Rush operated as a division within RushNet, which holds the largest minority interest in Apple Rush. RushNet originally held 51% of the total shares before the company went public. After the public transaction was completed, RushNet’s share ownership of Apple Rush decreased to 45% because there was dilution from the original shareholders of the public shell.
Apple Rush is a producer of 100% Organic Juice beverages. Located in the suburbs of Chicago, IL, it has over 30 distributors that currently market and sell its juices to retail outlets throughout the U.S. and foreign countries.
An announcement will be made before public trading begins in Apple Rush stock. We strongly encourage you to watch Apple Rush’s growth over the next 12 months as we execute our business plan. More exciting news will be forthcoming over the next few weeks.
