RushNet (OTC: RSHN) and Royal Caridea Join Forces
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https://thestreetreports.com/rushnet-otc-rshn...enzc-hnrc/
Numerous companies are anticipated to garner attention this morning following significant announcements made on Thursday, March 7, 2024, making RushNet Inc. (OTC: RSHN) a noteworthy contender for tracking among these others. The company disclosed yesterday the signing of a strategic licensing agreement with Royal Caridea LLC, granting RushNet exclusive rights to deploy Royal Caridea technology in the Canadian and United States markets.
The technology platform accessible to RushNet would equip it with the necessary tools for cultivating aquaculture species such as shrimp worldwide. Notably, this technology offers shrimp farms the benefits of lower production costs, modularity, seamless integration, and straightforward installation processes. The company boasts ownership of over 40 patents across the United States, Europe, and Canada, including US patent numbers 11,206,817 and 11,617,354, as well as Canadian patent number 2973601.
The shrimp farm operators would be able to produce shrimp close to where their customers are on a daily basis. Each of the production systems could easily be scaled up to produce anything between 300,000 pounds and 2 million pounds of shrimp a year.
The production systems feature a completely enclosed design, aimed at preventing heat loss, minimizing facility corrosion, and maintaining robust biosecurity measures. Considering RushNet’s recent agreement, it would be prudent for investors to consider adding the stock to their watchlists.
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