$RSHN RushNet Inc (OTC:RSHN) – There has been no
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Posted On: 05/23/2022 11:05:38 AM
$RSHN RushNet Inc (OTC:RSHN) – There has been no news about RushNet Inc for quite some time until the company made a key announcement back on May 20 and that could bring the company’s stock back into focus among investors. On that day, the company announced that it was going to have a debt restructuring for the existing lab acquisition from its subsidiary heliosDX. According to the provisions of the agreement, it was decided that heliosDX would be required to make a monthly payment of as much as $64,000 against the debt, and on top of that, a balloon payment is going to become due at some point in 2024.
The laboratory had the original price of $6 million and after taking into account the amortization schedule, the balance of the debt for heliosDX stands at $4,400,000. However, more importantly, the debt restructuring is going to give heliosDX considerable legroom since it defer the payment up until March next year.
https://topnewsguide.com/2022/05/23/stocks-in...rshn-gtxo/
The laboratory had the original price of $6 million and after taking into account the amortization schedule, the balance of the debt for heliosDX stands at $4,400,000. However, more importantly, the debt restructuring is going to give heliosDX considerable legroom since it defer the payment up until March next year.
https://topnewsguide.com/2022/05/23/stocks-in...rshn-gtxo/
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