RushNet, Inc. Urges Sweeping Ginseng Reform Legislation.BLUE ISLAND, Ill. -- RushNet, Inc. (Pink Sheets:RSHN.PK) announced today its staunch support of federal Senate Bill 854 (S-854), "Ginseng ginseng (jĭn`sĕng), common name for the Araliaceae, a family of tropical herbs, shrubs, and trees that are often prickly and sometimes grow as climbing forms. Harvest Labeling Act of 2005," introduced by Senator Russell Feingold of Wisconsin in the U.S. Senate in April. If passed into law, S-854 would require that any person offering ginseng (Panax sp.) for sale in any form shall disclose to the purchaser the ginseng's country of harvest. Heavy fines would apply to violators of this requirement. Senator Feingold has declared that inferior quality ginseng, grown in Canada or Asia and often contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. with harmful chemicals and banned pesticides, is intentionally mislabeled mis·la·bel tr.v. mis·la·beled also mis·la·belled, mis·la·bel·ing also mis·la·bel·ling, mis·la·bels also mis·la·bels To label inaccurately. Adj. 1. as "Wisconsin-grown American ginseng" and sells at top prices. "Wisconsin ginseng commands a premium price in world markets because it is of the highest quality and because it has a low pesticide and chemical content," said Feingold. http://feingold.senate.gov/~feingold/speeches/04/05/2004527724.html RushNet noted all its ginseng products use only 100% pure Wisconsin-grown American ginseng (Panax quinquefolius Panax quinquefolius, n American ginseng. See ginseng. ) in certified quantities. Robert Corr, president of RushNet, Inc., stated, "Senator Feingold's recent bill will help to curb the deception and fraud that plagues the ginseng market. In 2002, the senator battled successfully to outlaw the term 'Siberian ginseng.' This term applied to a plant Eleutherococcus senticosus Eleutherococcus senticosus, n See ginseng, Siberian. , which isn't ginseng, but a cheap, inferior substitute. Nowadays, ginseng on a label can refer only to genus Panax." Corr, who has devoted 35 years to the ginseng trade, warned that consumers still require additional levels of protection from ginseng charlatans. "We urge Senator Feingold to introduce additional legislation requiring manufacturers to list ginsenosides content on products purporting to contain ginseng. Ginsenosides are ginseng's signature active ingredients." Corr said RushNet commissioned laboratory tests of best-selling canned beverages touting ginseng on their labels and in their advertising. Preliminary results showed zero detectable ginsenosides. The results were so astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, that RushNet has commissioned a second independent lab test of these beverages for ginsenosides content. RushNet Inc. is the licensed marketing agent for Rush Beverage Company products and brand owner of e-water(TM). www.enjoytherush.com Disclaimer: The Company relies upon Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; competition; and other factors which may be identified from time to time in the company's public announcements. |
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