Auri Inc. – Dividend, Retirement Timelines and Expectations
Dallas, Texas
|
July 05, 2023 08:45 AM Eastern Daylight Time
Auri Inc. (OTC: AURI) (“AURI”) (the “Company”) is proud to announce a dividend of AURI Tokens 1 to 200 for every single share owned of AURI stock. Along with the retirement of 300 million shares of stock returned to treasury from the out standing shares and 9 billion shares reduced from the Authorized shares.
The CEO Edward Vakser goes on to state: “The company has worked a very long time to bring the right pieces to the table at the right time. We are excited to finally show shareholders what we have been working for. The over all value is far a fields stronger than it was even a year ago! We are excited to give a piece of the pie back to shareholders who have waited through this long journey. We as a company are now focused on share structure reductions, reporting preparation for SEC reporting status, and sales growth for our products, and services.”
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 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.
About the Hydroponics Vertical Farming system
The consumer systems allow the grower to grow up to 45 full size plants in a 13 square foot area. The systems boast water control valves for greater control of water flow, the ability to be connected to a water timer, and the ability to be used hydroponically with fish! The system is the perfect small growing system for the back yard or porch!
Edward Vakser goes on to say “we are excited to be launching this product and for a limited time From July 1, 2023 to July 31, 2023 Auri Inc will be matching buyers of the system with up to $250 of Auri Token for every purchase!’
About The Patents Acquisition
Auri Inc. has signed an acquisition agreement with Apex Farms Corp which is in the middle of liquidation of its remaining assets for the 2 US patents No.’s 9,795,097 and 10,004,188. The company has paid common shares for said patents. However Apex Farms Corp. had several negotiable terms set forth in the contract to bring more value to AURI in the process.
- Buyer agrees to retire 1 billion shares from the O/S within 30 days of close of this agreement.
- Buyer agrees to not issue more shares through the Regulation A+ tier 1 post date of May 23, 2023
- Buyer agrees to comply and produce PCAOB Audits within 160 days of May 23, 2023
- Buyer agrees after closing the Regulation A+ Tier 1 the Authorized shares will be reduced to 3 billion or less but can be raised again for an S-1 Registration.
About patent No.’s 9,795,097 and 10,004,188
These patents were invented by Justin Williams and Alexander M. Woods-Leo and the venture started in 2013. The patents are in reference to A-Frame technology and are primarily designed as Outdoor/Indoor systems. The goal of this technology was to allow farmers to buy 1 row and scale up as the farmer made money from the system without having to buy an entire indoor facility. However the system was designed to be optimal in greenhouses.
Auri Inc. wishes to explain the patents at the time of closing are owned by Apex Farms Corp.
Recently the company announced following:
The company and its management are excited to welcome the long-awaited news from FINRA regarding trading digital assets such as crypto currencies, NFT’s and other Digital Securities.
We see the future, and so do FINRA and OTC Markets. Allowing OTC Markets to trade digital securities and crypto currencies adds value and opportunities to any company that can deliver and trade their NFT’s and Tokens as an added value to its shareholders.
https://securities-law-blog.com/2023/06/27/finra-approves-otc-markets-to-trade-digital-securities/
About Auri Inc.
AURI Inc. as good as gold! The Company was formed by a group of investors whose talents and interests were based in Production, Content Development, Audio/Visual Presentations, Intellectual Properties Development, and acquisitions, as well as oil and gas and real-estate investments. The company launched its own Crypto Currency, www.Auritoken.io and has licensed its Art Inventory at nft/blackdracos.com. The management is based around seasoned corporate officers, directors and consultants who are experienced in management and mergers/acquisitions of multimillion dollar companies. The company's plan and concept were developed and based around a plan of acquiring and developing High End Art and Reproductions, backed by AURI Gold Crypto Currency, focusing AURI INC to become a Publisher and Licensor as well as NFT developer. Then, retaining the duplication and reproduction rights, on an exclusive basis, in order to sell and distribute the products worldwide. The company and management believe that they can create, sustain and grow one of the largest art publishing companies in the world. AURI Inc., also owns a "wholly owned subsidiary" : EVAP Inc. Evap Inc. has patent pending technology to assist with one of the biggest issues in the oil and gas industry, "PRODUCED WATER". The technology can take produced saltwater and turn it into a steam cleaner than most cities tap water by removing most of the metals and suspended solids.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Press Contact info:
Mark2media Group
(302) 261-9663
Twitter: @AURI_OTC
LinkedIn: https://www.linkedin.com/company/auri-inc/
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Contact Details
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