$AURI - New Major Acquisition & Shareholder Update
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Posted On: 08/18/2023 9:00:41 AM
$AURI - New Major Acquisition & Shareholder Updates
https://www.otcmarkets.com/otcapi/company/dns...04/content
Dallas, TX- August 17 th, 2023 – Auri Inc. (OTCPK: “AURI”) (the “Company”)
Today, the company is issuing the following updates for its shareholders;
The company’s negotiations with an acquisition prospect progressed to a positive point that warrants the Auri’s team visit the location in Florida and meet the owners. The CEO will fly to Florida on August 18th for a location inspections and pending the business review, sign at least a binding MOU.
“Our SEC attorneys are in Florida, so that makes our visit very convenient for the purpose of communications and negotiations. Florida’s economy is terrific, and the business climate is very friendly to corporations. As Josh Lowe and RJR bring products and distribution to Auri Inc, and our current CBD and Delta 9 line of products, the opportunity to also own a manufacturing facility that also generated very healthy revenues for the past several years, is very exciting! Auri Inc., current path of acquisitions and “roll up” agenda fits perfectly with the company’s plan to “vertically integrate” all our companies and strategic vendors for a combined “market cap” of over 200 million, and add similar revenue goals and projections. The end result, is up list to NASDAQ!” Explained Mr. Vakser/CEO.
As an added note: The company entered in negotiations with a group that successfully moved and up listed several OTC Markets “Microcap companies” to the NASDAQ for assistance in up listing AURI Inc. Their impressive track record shows how a holding company such as Auri Inc., can set up an intelligent pathway, and actually “get there”.
Recently, AURI the company announced the follow update to new product launch and pending dividend.
The CEO Edward Vakser goes on to state “Recently our team returned from the “Food + beverage cannabis Expo” in Las Vegas. Josh was able to sign several distribution deals for our brands. We are expecting revenues in excess of $100,000 per month, with a very optimistic growth potential, as well as we signed several other distribution deals for both our brand and other brands that contain our CBD and Delta 9 THC components. Our recent distribution roll-out was launched here in Texas several weeks ago, for our exclusive brands for the Texas area. The rest of the states will be handled by several other distributors, with East, Central and West territories. The company will also produce “private label products” for clients that may want their own brand.”
“One of many key ingredients is our ‘Powered by fast-acting SENDS Technology’, that contributes to fast and full absorption of the product, therefore making an experience more powerful and enjoyable.” Explained our chief designer for the formula.
Recent Share Structure changes
Recently the company has filed a share retirement with the Wyoming secretary of state for a 3 billion share reduction from the Authorized common shares. The company will complete the aforementioned Authorized common share reduction down to 3 billion after the close of the Reg A, which will take place post reduction of the anticipated 1.9 billion shares reduction from the Outstanding shares. The company wants to emphasize that this order was decided so that the company can decrease the outstanding shares below 3 billion. Currently the company has retired at least 600 million shares from the Outstanding because those shares were in book entry. The next 1.3 billion are in certificate form and the CEO Edward Vakser has bought back these certificates for the betterment of the company and its shareholders which he is in the process of retiring.
Dividend Update: www.auritoken.io Recently, the company Announced a dividend of the AURI Token 1 for every 200 shares owned. The company is planning on updating the dividend formula so that shareholders get a better ratio. We plan on announcing that this week.
Dividend Information
The company recently posted a ruling given to OTC markets by FINRA regarding trading rights to OTCMarkets for digital currencies.
The company will have an ex dividend date of October 02 , 2023.
Outstanding Share Retirement expectations
The company will be returning to treasury shares up to at least 1 billion shares from the outstanding stock. We will be conducting this in at least 3-4 blocks between July 3, 2023 and August 10, 2023.
Authorized Share Reduction expectations
The company is obligated to retire 10 billion shares from the Authorized common stock according to its acquisition contract with Apex Farms Corp. for the 2 US patents it acquired along with marketing materials, media, and data.
The company will conduct the retirements in 2 tranches. The first tranche will be 9 billion shares approved by the company on July 1, 2023.
However the last 1 billion shares from the Authorized shares will be retired once the Outstanding shares returns to below 3 billion shares.
Our plan is to retire the last 1 billion shares prior to the close of Q3 2023.
Recent Acquisitions
Recently the company has acquired Aqua Vertical Farms Inc. a Wyoming corporation via 100% control.
The company has launched the website for its newly acquired patents www.aquavertical.com as well as launched pre-orders for the residential systems.
https://www.otcmarkets.com/otcapi/company/dns...04/content
Dallas, TX- August 17 th, 2023 – Auri Inc. (OTCPK: “AURI”) (the “Company”)
Today, the company is issuing the following updates for its shareholders;
The company’s negotiations with an acquisition prospect progressed to a positive point that warrants the Auri’s team visit the location in Florida and meet the owners. The CEO will fly to Florida on August 18th for a location inspections and pending the business review, sign at least a binding MOU.
“Our SEC attorneys are in Florida, so that makes our visit very convenient for the purpose of communications and negotiations. Florida’s economy is terrific, and the business climate is very friendly to corporations. As Josh Lowe and RJR bring products and distribution to Auri Inc, and our current CBD and Delta 9 line of products, the opportunity to also own a manufacturing facility that also generated very healthy revenues for the past several years, is very exciting! Auri Inc., current path of acquisitions and “roll up” agenda fits perfectly with the company’s plan to “vertically integrate” all our companies and strategic vendors for a combined “market cap” of over 200 million, and add similar revenue goals and projections. The end result, is up list to NASDAQ!” Explained Mr. Vakser/CEO.
As an added note: The company entered in negotiations with a group that successfully moved and up listed several OTC Markets “Microcap companies” to the NASDAQ for assistance in up listing AURI Inc. Their impressive track record shows how a holding company such as Auri Inc., can set up an intelligent pathway, and actually “get there”.
Recently, AURI the company announced the follow update to new product launch and pending dividend.
The CEO Edward Vakser goes on to state “Recently our team returned from the “Food + beverage cannabis Expo” in Las Vegas. Josh was able to sign several distribution deals for our brands. We are expecting revenues in excess of $100,000 per month, with a very optimistic growth potential, as well as we signed several other distribution deals for both our brand and other brands that contain our CBD and Delta 9 THC components. Our recent distribution roll-out was launched here in Texas several weeks ago, for our exclusive brands for the Texas area. The rest of the states will be handled by several other distributors, with East, Central and West territories. The company will also produce “private label products” for clients that may want their own brand.”
“One of many key ingredients is our ‘Powered by fast-acting SENDS Technology’, that contributes to fast and full absorption of the product, therefore making an experience more powerful and enjoyable.” Explained our chief designer for the formula.
Recent Share Structure changes
Recently the company has filed a share retirement with the Wyoming secretary of state for a 3 billion share reduction from the Authorized common shares. The company will complete the aforementioned Authorized common share reduction down to 3 billion after the close of the Reg A, which will take place post reduction of the anticipated 1.9 billion shares reduction from the Outstanding shares. The company wants to emphasize that this order was decided so that the company can decrease the outstanding shares below 3 billion. Currently the company has retired at least 600 million shares from the Outstanding because those shares were in book entry. The next 1.3 billion are in certificate form and the CEO Edward Vakser has bought back these certificates for the betterment of the company and its shareholders which he is in the process of retiring.
Dividend Update: www.auritoken.io Recently, the company Announced a dividend of the AURI Token 1 for every 200 shares owned. The company is planning on updating the dividend formula so that shareholders get a better ratio. We plan on announcing that this week.
Dividend Information
The company recently posted a ruling given to OTC markets by FINRA regarding trading rights to OTCMarkets for digital currencies.
The company will have an ex dividend date of October 02 , 2023.
Outstanding Share Retirement expectations
The company will be returning to treasury shares up to at least 1 billion shares from the outstanding stock. We will be conducting this in at least 3-4 blocks between July 3, 2023 and August 10, 2023.
Authorized Share Reduction expectations
The company is obligated to retire 10 billion shares from the Authorized common stock according to its acquisition contract with Apex Farms Corp. for the 2 US patents it acquired along with marketing materials, media, and data.
The company will conduct the retirements in 2 tranches. The first tranche will be 9 billion shares approved by the company on July 1, 2023.
However the last 1 billion shares from the Authorized shares will be retired once the Outstanding shares returns to below 3 billion shares.
Our plan is to retire the last 1 billion shares prior to the close of Q3 2023.
Recent Acquisitions
Recently the company has acquired Aqua Vertical Farms Inc. a Wyoming corporation via 100% control.
The company has launched the website for its newly acquired patents www.aquavertical.com as well as launched pre-orders for the residential systems.
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