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Auri Inc. (OTC: AURI )(“AURI”) (the “Company”) is proud to announce a dividend ofAURI Tokens 1 to 200 for every single share owned of AURI stock. Alongwith the retirement of 300 million shares of stock returned totreasury from the out standing shares and 9 billion shares reducedfrom the Authorized shares.
The CEO Edward Vakser goes on to state: “Thecompany has worked a very long time to bring the right pieces to thetable at the right time. We are excited to finally show shareholderswhat we have been working for. The over all value is far a fieldsstronger than it was even a year ago! We are excited to give a pieceof the pie back to shareholders who have waited through this longjourney. We as a company are now focused on share structurereductions, reporting preparation for SEC reporting status, and salesgrowth for our products, and services.”
Dividend Information
The company recentlyposted a ruling given to OTC markets by FINRA regarding trading rightsto OTCMarkets for digital currencies.
The company will have an ex dividend date ofOctober 02 , 2023.
Outstanding Share Retirement expectations
The company will bereturning to treasury shares up to at least 1 billion shares from theoutstanding stock. We will be conducting this in at least 3-4 blocksbetween July 3, 2023 and August 10, 2023.
Authorized Share Reduction expectations
The company isobligated to retire 10 billion shares from the Authorized common stockaccording to its acquisition contract with Apex Farms Corp. for the 2US patents it acquired along with marketing materials, media, anddata.
The companywill conduct the retirements in 2 tranches. The first tranche will be9 billion shares approved by the company on July 1, 2023.
However the last 1billion shares from the Authorized shares will be retired once theOutstanding shares returns to below 3 billion shares.
Our plan is to retirethe last 1 billion shares prior to close of Q3 2023.
Recent Acquisitions
Recently thecompany has acquired Aqua Vertical Farms Inc. a Wyoming corporationvia 100% control.
The company has launched the website for its newly acquiredpatents www.aquavertical.com as well as launched pre-orders for the residential systems.
About the HydroponicsVertical Farming system
The consumer systems allow the grower to grow up to 45 fullsize plants in a 13 square foot area. The systems boast water controlvalves for greater control of water flow, the ability to be connectedto a water timer, and the ability to be used hydroponically with fish!The system is the perfect small growing system for the back yard orporch!
EdwardVakser goes on to say “we are excited to be launching this productand for a limited time From July 1, 2023 to July 31, 2023 Auri Incwill be matching buyers of the system with up to $250 of Auri Tokenfor every purchase!’
About The Patents Acquisition
Auri Inc. has signed an acquisition agreementwith Apex Farms Corp which is in the middle of liquidation of itsremaining assets for the 2 US patents No.’s 9,795,097 and10,004,188. The company has paid common shares for said patents.However Apex Farms Corp. had several negotiable terms set forth in thecontract to bring more value to AURI in the process.
- Buyer agrees to retire 1 billion shares from the O/S within 30days 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 ofMay 23, 2023
- Buyer agrees afterclosing the Regulation A+ Tier 1 the Authorized shares will be reducedto 3 billion or less but can be raised again for an S-1Registration.
About patent No.’s 9,795,097 and 10,004,188
These patents wereinvented by Justin Williams and Alexander M. Woods-Leo and the venturestarted in 2013. The patents are in reference to A-Frame technologyand are primarily designed as Outdoor/Indoor systems. The goal of thistechnology was to allow farmers to buy 1 row and scale up as thefarmer made money from the system without having to buy an entireindoor facility. However the system was designed to be optimal ingreenhouses.
AuriInc. wishes to explain the patents at the time of closing are owned byApex Farms Corp.
Recently the company announced following:
The company and itsmanagement are excited to welcome the long-awaited news from FINRAregarding trading digital assets such as Crypto currencies, NFT’sand other Digital Securities.
We see the future, and so do FINRA and OTC Markets.Allowing OTC Markets to trade digital securities and crypto currenciesadds value and opportunities to any company that can deliver and tradetheir 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 asgold! The Company was formed by a group of investors whose talents andinterests were based in Production, Content Development, Audio/VisualPresentations, Intellectual Properties Development, and acquisitions,as well as oil and gas and real-estate investments. The companylaunched its own Crypto Currency, www.Auritoken.io and has licensedits Art Inventory at nft/blackdracos.com. The management is basedaround seasoned corporate officers, directors and consultants who areexperienced in management and mergers/acquisitions of multimilliondollar companies. The company's plan and concept were developedand based around a plan of acquiring and developing High End Art andReproductions, backed by AURI Gold Crypto Currency, focusing AURI INCto become a Publisher and Licensor as well as NFT developer. Then,retaining the duplication and reproduction rights, on an exclusivebasis, in order to sell and distribute the products worldwide. Thecompany and management believe that they can create, sustain and growone 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 issuesin the oil and gas industry, "PRODUCED WATER". The technologycan take produced saltwater and turn it into a steam cleaner than mostcities tap water by removing most of the metals and suspendedsolids.
SafeHarbor Statement:
This release includes "forward-looking statements"within the meaning of Section 27A of the Securities Act of 1933, asamended, and Section 21E of the Securities Exchange Act of 1934.Certain statements set forth in this press release constitute"forward-looking statements." Forward-looking statementsinclude, without limitation, any statement that may predict, forecast,indicate, or imply future results, performance or achievements, andmay contain the words "estimate", "project","intend", "forecast", "anticipate","plan", "planning", "expect","believe", "will likely", "should","could", "would", "may" or words orexpressions of similar meaning. Such statements are not guarantees offuture performance and are subject to risks and uncertainties thatcould cause the company's actual results and financial position todiffer materially from those included within the forward-lookingstatements. Forward-looking statements involve risks anduncertainties, including those relating to the Company's abilityto grow its business. Actual results may differ materially from theresults predicted and reported results should not be considered as anindication of future performance. The potential risks anduncertainties include, among others, the Company's limitedoperating history, the limited financial resources, and domestic orglobal economic conditions -- activities of competitors and thepresence of new or additional competition and conditions of equitymarkets.
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