American Marconi Wireless News - AURI Inc., AURI Retires 1,124,498,000 Shares of Outstanding Common Stock.

AURI Inc., is pleased to announce one of the company's largest shareholders has exchanged their shares of common stock for a Company note, and almost 1.125 billion shares of common stock have been returned to the transfer agent and retired into the Company's treasury. The transaction, effective February 1, 2025, results in a decrease of outstanding shares by 1,124,498,000 shares and leaves the Company with fewer shares outstanding on February 1, 2025, than it had as of February 1, 2024.

Edward Vakser, AURI's CEO is quoted as saying, "This net reduction in common stock outstanding over the year came at the end of the most significant twelve-month period in the Company's history, during which the Company achieved numerous operational milestones. As we expand the company, we will also take steps to streamline the capitalization of the company to further enhance shareholder value."

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:

[email protected]
+1 214-418-6940

Twitter: @AURI_OTC
LinkedIn: https://www.linkedin.com/company/auri-inc/
Token Website: www.auritoken.io
Facebook: https://www.facebook.com/profile.php?id=100057444009513
TikTok: https://www.tiktok.com/@auri_otc?_t=8deaRcgzNs6&_r=1
Twitter: https://twitter.com/AURI_OTC

Contact Information

Edward Vakser
Chairman/CEO
[email protected]
2144186940

SOURCE: Auri, Inc.

View the original press release on ACCESS Newswire

F.Pedersen--AMWN