Financial News
RushNet (OTC: RSHN) and Royal Caridea Join Forces to Transform Aquaculture Harvesting Shrimp and more…SPZI, HALB, 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.
Spooz Inc. (OTC: SPZI): On February 28th, Spooz Inc. announced that it had received $18,000,000 towards the financing of the Harmony Villa Project located in Kokomo, Indiana. The funding had been provided to the company by the State of Indiana and the City of Kokomo. The company noted that the project would be managed by Rocky H. Singh, who had been newly appointed as a director at the company. Singh would also add another $500000 in the form of investment into the project.
Halberd Corporation (OTC: HALB): The Institutional Animal Care and Use Committee has approved Halberd Corporation's (OTC PINK:HALB) testing protocols for their Traumatic Brain Injury (TBI) mitigating nasal spray at Mississippi State University (MSU). Dr. Russell Carr, the Primary Investigator, has commenced preparations for extending the successful Phase #1 pilot test program, which showed compelling results last year. The advanced program is set to launch soon, with several federal agencies expressing keen interest in its progress.
Enzolytics Inc. (OTC: ENZC) In January 2024, the company announced its partnership with the Khapley AI Lab. This collaboration aims to enhance organ longevity, recovery, and the study of aging by integrating artificial intelligence with drug development.
Houston Natural Resources Corporation (OTC: HNRC): The oil and gas firm announced that it had made a move into the digital economy. Houston Natural Resources Corporation revealed that it had been successful in endorsing the transformation of its stake in Cunningham Mining into an innovative digital asset token bringing the power of digital technology to the mining industry.
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