Auri Inc. announces Shareholder Update

Rhea-AI Summary

Auri Inc. (OTC Pink: AURI) announced a significant upgrade in its status, now recognized as a Current Status Filer by OTC Markets. The company has engaged a PCAOB auditing firm to transition into a fully reporting filer, aiming to enhance trading liquidity and ultimately list on NASDAQ. Recent trading performance has shown a high daily volume exceeding $25 million and a price per share above $0.03. Additionally, Auri has signed strategic deals to enhance its marketing and to develop its own cryptocurrency and NFT trades, aligning with its vision of public awareness.

Positive

• Upgraded to Current Status Filer by OTC Markets.
• Engaged PCAOB auditing firm to become fully reporting filer.
• Achieved high trading volume over $25 million in a single day.
• Plans to list on NASDAQ with enhanced trading liquidity.
• Strategic deals signed for marketing upgrades and cryptocurrency development.

Negative

• None.

News Market Reaction – AURI

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1 alert

% News Effect

On the day this news was published, AURI declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Current Status Upgrade and New Business Developments

Dallas, Texas, June 24, 2021 (GLOBE NEWSWIRE) -- Auri Inc. (OTC Pink: AURI) (the “Company”) is pleased to release the following Shareholder update.           

The company filed its recent Disclosures with OTC Markets. OTC Markets upgraded the company to a “Current Status Filer”.

The management assembled a group of consultants and services providers, including a PCAOB auditing firm, to file and become a “fully reporting filer”.

“This initiative to upgrade to the next level, OTCBB and/or OTCQX, moves the company and its business focus closer to achieve its ultimate trading goal, move the trading to NASDAQ. The company has been able to “check” all needed points to accomplish such a goal, including trading liquidity, and well above a $ .02 cent range in PPS. (i.e., well over $ .03 cents and with a top trading day at over $25 Million Dollars in day’s trading).” Explained Edward Vakser, Chairman. 

The company signed a strategic deal with several service providers to upgrade all its marketing and social media platforms for the purpose to establish a universal public awareness. The new software upgrade project also includes new Au coins and tokens to establish the company’s own cryptocurrency and NFT trades.

These developments can truly reflect our slogan: “At AURI, we’re as good as Gold!” (Au).

CONTACT: Auri Inc. Jperley@evapinc.com (214) 897-7218 

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.

FAQ

What is Auri Inc.'s current stock symbol?

Auri Inc.'s stock symbol is AURI, traded on OTC Pink.

When did Auri Inc. upgrade to Current Status Filer?

Auri Inc. upgraded its status to Current Status Filer on June 24, 2021.

What are Auri Inc.'s plans for NASDAQ listing?

Auri Inc. aims to enhance trading liquidity and meet requirements to list on NASDAQ.

How much was Auri Inc.'s highest daily trading volume?

Auri Inc. reported a highest daily trading volume exceeding $25 million.

What new developments has Auri Inc. announced?

Auri Inc. announced plans for marketing upgrades and the creation of its own cryptocurrency and NFT trades.