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.. No Russian Ministry of Natural Resources and no auditors.
A little birdy told me that there is no company, no land, no equipment and no ore. This is a paper company. The crap u seen on the home made video with a hand held camera (LMFAO) does not belong to them. They went to a random factory and filmed stuff. There is no office in Moscow, nothing.
A unified theory. This is just a theory, but ...
1. The Russian mining guys want to get out from under the control of the Canadian Admin side of Aurus.
2. The Canadians know that everyone is on to their tricks and so they are willing to get out if they can make one more round of cash.
3. So the Russians organize the meeting so that they can get the votes to get their man (2C? - hence his absence) in charge of Admin functions of the company in North America ousting the Canadians.
4. The Canadians allow this to occur if and only if the PR does not mention the dividend (a precursor to the buyout) or the buyout, thereby causing the price to drop so that the Canadians can very profitably cover their shorts (DI's and other's theory) and/or to buy cheapies to profit from the rise when the Russians give us good news at the meeting.
euddoggwyn - The pdf is too large to post here.
The ore is on the ground, but still must be processed to get the gold.
And no, the stock would not be halted on the acceptance of a buyout.
jstick2000 - This may be a clever ploy to "lead us to believe that the negative naysayers on this board for the last 3 months were right." One purpose of the PR being to drive the price down to get cheapies for the real buyout. By producing this PR, many will infer that the buyout is dead, but if it is still alive, the PR has not lied.
Alternatively, perhaps the buyout is dead and there is very good news regarding production. The PR allows them to safely get cheapies, knowing that the price will rise on production news. If this is true, the PR will appear very positive to readers after that information is known.
These are just educated guesses, but it appears that what was included and what was excluded from the PR were intentional and to achieve particular results.
What does that lead us to believe about the buyout? It leads us to believe that the negative naysayers on this board for the last 3 months were right.
euddoggwyn - Again, Altmark says that the only asset backing the bond is from Klyon via Zabaikalgeoprom.
Altmark states that these assets are only from Klyon via Zabaikalgeoprom.
ibreken - as you know I got this statement from Lochan and have no reason to doubt it. You obviously doubt it, so you should call Heritage yourself and see what they have to say.
You are right about jjtruthmatters. Thanks! I guess my earlier post regarding one caller was correct and DI was wrong about the second one.
However, to argue that the person Lochan spoke with knew of the dividend only through callers is contradicted by the Heritage spokesman's statement that "it will definitely go though."
ibreken - As DI pointed out, a second poster confirmed what the first had said about the TA now knowing about the dividend. Most likely others will confirm it tomorrow. Sorry if this doesn't fit your viewpoint.
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=21315725
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21318675
DI - Actually, you are the one filling in what a poster means, not I. The poster entered "7.50" and "19.00", not ".075" and ".19".
Anyone can see that it takes lots of wrong keystrokes to get that.
LOL! There was no "7.50 to 19.00 rally". You are off by a factor of 100. Please do a little DD before naysaying.
The buyout plus the dividend is all a pump of dump scam, the ship left a while back during the 7.50 to 19.00 rally ,that was it. It has been a consistent downward trend after that ,learnt my lesson with these co.
DI - Please get a grip. I thought that only one poster called today and got the info that the TA now knows about the dividend. Reviewing the posts, it was at least two, all the better and all of them to be respected.
To refer to a poster as "respected" does not imply that all others are not. Can you honestly say that you respect all posters here?
DI - Aren't you forgetting that Aurus has been on RegSHO during most of its existence?
No dilution since the buyout offer is significant and confirmed by Heritage. Do you claim that they are lying too?
BTW - where's your buddy, BJ?
dubbleugly01 - Quite right!
That may be true, but when it tanks because of a Monimpex PR there is a good chance that those that wrote the PR want cheap shares.
When a stock tanking longs always saying somebody wants to get cheap shares
Since about the time of the buyout announcement, the dividend has been considered a necessary step in the buyout process. The ONLY thing that the TA does not know about the dividend is the date. Before today, they had never heard about a dividend. That is progress.
The dividend, while not mentioned in today's PR, was confirmed by the TA today to a poster here. Likewise, the buyout was not mentioned in the PR today and may be confirmed by the TA at anytime.
One theory is that today's PR was crafted by the Canadians to cause a price decline by omitting references to the dividend and buyout, so that they can stock up on $.55 (or $.605 with dividend) shares cheap without an explicit lie.
Trading can be halted pending news that regulators feel has leaked or after the buyout is finalized, not based on the announcement of a buyout offer or the announcement of the agreement on a buyout.
As of today, a respected poster has said that the TA does know about the dividend. Why don't you call Heritage and see for yourself?
DI - your theory still doesn't work, for the reason I already gave.
It appears positive to me. BTW, my guess is that the Russians will appear at the meeting via a live video feed (the high-tech referred to). That being the case, the meeting could actually be held with stockholders at different locations in the US.
DI - Your theory doesn't work. If the purpose of the buyout announcement were to drive the price up to set up for a short, they would have made much more money if they waited until the price was higher before releasing the PR that I agree killed that run.
No one believes Monimpex anyway. Why believe them now? This may be a ruse to shake out cheap buyout shares.
The TA says we are getting the dividend, a step towards the buyout AND there is no dilution - further evidence that the buyout is real.
moldy - An SEC document posted on this board agrees with what you were told.
I think that the PR can be interpreted many ways, most of which are positive.
DI - You misunderstand my post. My point is that they are joined at the hip and that this is no secret, so Aurus made no attempt to deceive regarding that simple fact.
DI - The finacials may very well be audited to SEC standards.
Regarding L2I, you are wrong as later DD shows that they refer to themselves as L2I.
In my opinion, his information really shows this AURC is a sham, must use the polite word. L21 and LEGAULTE VERY INTERESTING. These guys should be farmers, the way they plant things
DI - If you have not reviewed all of my posts here, you can not make this statement. If you have reviewed all of my statements here, you are obsessed. Which is it?
you never once questioned 2create on any of his posts
Are you saying that Bill Gates might be a spooky alien? ;o]
The audited finacials might be SEC approved.
poiuyt20011 - The SEC does not audit financials.
DI - The financials are not a rumor. Read today's PR.
AURUS Corp Calls a Special Shareholders Meeting
10:30a ET July 17, 2007 (Market Wire)
AURUS Corp (PINKSHEETS: AURC), a junior mining company specializing in gold extraction, has announced today that it has retained the services of L2I - Financial Solutions Consultants for the purpose of organizing a special shareholders meeting to be held in late August or very early September 2007. The contract granted to L2I is for a three month period. The Shareholders meeting will take place in the United States: place, date and time will be communicated to all registered shareholders by formal notice. L2I - Financial Solutions Consultants is a leading provider of state of the art investor relation services to microcap companies traded in the United States and in Europe.
AURUS management is presently completing the company annual reports for 2006-2007 as well as the financial statements. The Shareholders meeting will be held in a convenient location in the United States to facilitate the participation of all shareholders and to guarantee a very broad attendance. ''This meeting will be a unique opportunity to demonstrate our strong commitment towards our business model and to present our achievements,'' said Fedor Dovgan, chief executive officer of AURUS Corp.
It is interesting that Heritage knows about the dividend and that it will proceed, but the dividend was not mentioned in today's PR. The dividend is one of the steps towards the buyout. This supports the theory that the PR was a ploy for Monimpex to get cheaper stock for the buyout.
Lochan - Excellent news!
I just spoke very briefly to Heritage Trust. The person I was transfered to was aware of the Aurus dividend and he said it will definitely go through, but he said he could not give me any idea of the timeframe
cfpjbs - Good point! The financials were also a part of their plan to go to a higher exchange.
dp - 2C has said that there is nothing else to say until the 3 conditions are met.
A LOT of companies used SAT. Once it became known that SAT was not good, it appeared to have become OK as Fairross. Once it was shown that things weren't working with Fairross, Aurus fired them.
Why is it Heritage's problem if they do not know about the dividend or buyout?
specbidder - Thanks! BTW, Your theory that this is a way for the Russians to get rid of Monimpex is very interesting. My only doubt is their ability to get a PR out without Monimpex permission.
poiuyt20011 - Everyone knows that SAT was not a good TA. Aurus fired them and got Heritage. Heritage is easy to communicate with.