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What do you expect, they're Russians. They don't function as we do in America. I imagine its a free for all there with no rules or laws whatsoever. Since most of the wealth of Russia is held by a few people, I can only imagine that its a horrendous place to live and try to survive for a regular person.
Blackjack, when do you think the closing PR will come out? Thanks
Looks like Blackjack did have the inside scoop. His predictions seem to be coming true. Wonder how low this will go before PR comes out.
I inferred it from this 2C post. Did I misunderstand?
Posted by: 2create
In reply to: investor99 who wrote msg# 55344 Date:5/30/2007 4:32:42 PM
Post #of 55390
I-99, YES!...It is always time to call ;)...I have said this a few times now...Even call daily---Whatever it takes to get results...Any idea how much I write! ;?] ...A lot and that's O.K. While we wait the DD and forward progress must still continue....On all fronts...In ALL departments...Good faith and administrative progress must always be shown, nothing new here; Just being efficient and professional..And of course then also maiking such progress publicly known.
...For instance, Jeremy and he are working on some things together for corrections and info filings on Divi...Last info sent from Martin was April 27th...NASDAQ is still waiting on the requested info...It is to be verified as received as was indicated it would be today or tomorrow by Jeremy...etc
...As far as his/the conatct number/s, many people here have his contact number/s...I'm sure it won't take long for someone to PM it to you or re-post it for you...If you have not saved it from past research that is.
...'Together' we must stay, work and be persistent as a team effort---Whatever it takes and only then can we mutually be prosperous. Then perhaps as we ALL succeed...He won't feel the need to flush the toilet on many more people LOL ;o))) I can almost picture it...
"Can Help!? -- Help! You can Not? -- Please, Do not interfere" ;]
-Compnay OOO Krong, founder
2C, since you've communicating with management in Russia, what are they saying exactly? You seem to have intimated that the deal is off now. Is that the case? What have they said about the deal and production and divi?
You make it sound like the entire company's future is in Martin's hand. Is that the case? Why does management have no control over him?
Do you think he's intentionally holding back PRs? Can't the management release PRs themselves?
Since you're in constant communication with management, haven't gotten some of these answers? Any thoughts you could provide would be greatly appreciated. Thanks.
Do you think this is a game being played by Martin? I'm not familiar with Management and how it all works, but it sounds like Martin is in charge of releasing PRs, is that correct?
Do you think he's manipulating the stock for personal gain? Someone posted that he had no shares. Any insight you can provide would be helpful.
Is it time for us to start calling Martin again? What's that number?
Thanks 2C. Are they aware that we are under the impression that they are releasing a PR this week to update us? Also, do they plan on releasing a PR? Why are they stalling?
I do, but unfortunately I can't reply because I'm not a premium member.
Basically, it is my belief that this is how pink sheets work in terms of major price fluctuations. This is why they make great flippers because you never really know what is exactly going on. And by the nature of the fact that they are pink sheet stocks there is a huge risk/reward factor. So, when there is no news for a while, people panic and pull out, but when there's great news it runs hard for a while. I don't think that'll ever change for pink sheets.
If I had time I'd flip pink sheets and make some cash, but you really have to be on top of it all the time.
2C, did you advise them that we are waiting for a PR and that according to IR we were supposed to get one by yesterday at the lastest? If so, are they planning to release one soon?
Thanks.
I spoke with Jeremy today regarding PR. He stated that it was his understanding that a PR was supposed to come out yesterday at the latest per his conversation with Martin.
I asked him if Martin was his only point of contact with the company and he said yes. So, he only gets his info from Martin. Basically, he knows what we know and he is also waiting for a PR from the company.
That's all he really knows at this point based on our conversation. So, I guess we are all in the same boat, waiting.
It's so funny, 2C makes these comments that he's in communication with Russian management, but he doesn't tell us what they have told him. Why? Is he hiding something? Why is he privvy to this information and we are not? Please 2C elaborate on your comment.
2Create, can you enlighten us as to what the management has been telling you? I think we'd all appreciate an update.
What did Jeremy say to you?
So, 2C are you saying that that Management has no real power to get anything done and it lays in Martin's hands? Surely that can't be the case. Are you saying that the buyout is not going to happen now nor the dividend? Once again you speak in riddles. Please be clear if you are now saying this is all a scam and its Martin's fault. I'd like to know.
I still think we'll get $55 a share as was originally predicted last month.
I have to agree. With such an enormous short position, if we get a really substantive PR, I also believe we would fly by .55 for a very brief period.
36.5 million shares short? Man, if that's the case it'll take one really good PR to make this stock fly big time.
Just got a call back from Martin. He wanted me to pose a question on this message board for him. He wanted me to take a poll to find out what people thought about the following:
"Do you believe in life after love?"
I guess he's a big Cher fan. Please post your replies and I'll get the tally back to Martin asap. He said as soon as we reply, he'll release a PR about the buyout with all the details.
C'mon, can't we all just get along. Let's get together and watch Staying Alive. I heard John Travolta's acting in that is Oscar worthy.
Just spoke to Martin. He said that he would call me back in about two hours after he finishes watching Flashdance. He told me its his favorite movie and he is a big Jennifer Beales fan. He said the movie just had its premiere in Russia and the the entire AURC BoD attended. That's why there is no PR, they're still partying with the cast.
Hey blackjack, give us an update. What's going on at your end?
I seriously doubt there's going to be much panic. Shareholders have waited this long, I think they'll wait a few more days if necessary. It's too close now to bail.
As I previously stated, I don't think there's any chance that this deal is closing tomorrow. It takes time to sort out a buyout of a public company, it doesn't take a few days.
I still want to know why Blackjack thinks we'll be stunned by the PR. Will we go over .55?
From my understanding, according to Jeremy Krause we were supposed to get one at the end of last week or beginning of this, so I'm hoping they will release something today to update us.
Blackjack, do you think the top is going to be .25? Why did yo say in a previous post that we'll be stunned? Can you elaborate?
Hey Blackjack, when you make the statement about what you think the PR will state and that it will stun us, what do you mean exactly. Are you thinking this will go above the current offer price? Will it be a good stun? Thanks.
There will come a time this week when I will give you whats in the PR and my top call. I believe this will stun all of you.
So, do you expect this stock to fly now?
I mean its funny that you would post when you probably didn't actually even have that conversation with Jeremy.
Funny, you say that. In my converation with Jeremy this week, he said the dividend should go through this month.
I don't see that on their website. Can you post the link? Thanks.
Today AURC "buy" CONFIRMED on americanbulls.com!!!!!!
If you have serious questions, call Jeremy Krause. His number is listed in the AURC PRs.
No point posting nonsense on a message board if you have real questions. Go to the source and get your answers.
It really amazes me.
The company announces a buyout deal and on the same day people say, ok..if its real why isn't the money in my account yet?
Believe it or not, a buyout of a public company takes more than one day.
I think some of you should get some investing experience before posting ridiculous things on a message board.
I have no idea of what you are talking about. I'm talking about AURC. I think we should stick to that subject since this is the AURC board.
Well, we shall see. But I'd be surprised if we do close in the next 7 days. Hope I'm proven wrong.
With any buyout of a publicly traded company, there is always a proxy vote.
I'm really surprised by some of the comments here. Seems like some of you have never invested in a company before. Not everything happens in one day. There is a process and they have to follow it. Plain and simple. Call it what you like, but that's how it goes.
We're not dealing with a person buying a house or car. We're dealing with a publicly traded company with shareholders, institutions, etc involved. There are many things to organize in that process.
Yes, the company could say we set a closing date of May 30, but it may not happen because there are many people, issues involved to close the deal, including a proxy vote.
I don't think we should be too stuck on May 30. I think we'll get disappointed, especially since its only 7 days away and we haven't even received a PR of the details yet.
I believe that a May 30 close date seems a little unrealistic. Buyouts of public companies take a bit longer than a couple weeks to close.
I think we should hear of a proxy vote by the 30th, but I can't imagine the close date will be May 30. Just doesn't seem feasbile to get all the ducks in a row that are necessary to sell a publicly traded company.
Just my opinion. But don't be disappointed if the deal doesn't close on May 30. May take a bit longer. But if its a real deal and it takes longer, I certainly don't mind. It's a 4+ bagger from here.
Yes, I believe Jeremy is very sincere and truthful. However, all the decisions are made by management and he only gets information when it is disseminated to him. He has asked them to release more detailed information to shareholders. He is not in charge of writing the PRs unfortunately, so he can only advise them accordingly.
As others have stated, he does believe this is an ALL CASH buyout. He has not been advised otherwise.
It's his understanding that the dividends will be distributed this month. Apparently, there may be a proxy vote this month to approve the buyout. However, as management holds the lions share of the stock, this may be a formality, he does not know for sure.
He feels that we may not ever know who the actual buyer is which is normal. Buyers that go through companies like Kartix usually want anonymity. This is understandable.
So, hopefully we will see a PR this week to clarify details of the buyout further. It's Jeremy's understanding that they would like to close the deal as expeditiously as possible.
This is all my opinion and my understanding from my conversation with Jeremy.