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When? 2055?
...Your loss flipper/shorts...The LONGS here, Will WIN! ;]
Have we been scammed? Why don't they respond to the offer. They have sealed the fate of the stock price by disappearing.
I actually think we'll see sub .05 with no news.
I kinda figured this would tank big time with no news. I just looked at it now for the first time today and am actually surprised its held .07. I thought we'd be at .05 or less. I'm just going to hold for the moment and see how this all pans out.
So...no buyout now? Is that what you are trying to tell us and let us down slowly? Very confused by your posts.
They have a huge short position, an ever swelling outstanding amount of shares. How on earth can they make this profitable for shareholders if they don't accept the offer? Nearly every deal seems to add 100 million shares. They've swelled from 109 million shares outstanding to over 300 million now. So, if they don't accept the buyout offer are they now going to swell to over 500 million to 1 billion outstanding to fund operations?? Where will we be then with the stock price? I can only imagine sub penny level with no chance of recovery without a major reverse split. Please let's be honest here.
I've seen the video. They don't seem like the high level professionals you'd find in the USA. They seem like very well-fed russians sitting around a table of food not really being able to explain things well. They didn't seem to even take it seriously. I appreciate the fact that 2c and his wife made the initiative to make this video, but come on. Sitting around a table, playing with food, talking off the cuff and not looking like you know what you're talking about? I find that kind of embarrassing to say the least. It didn't even look like they took the video seriously at all.
Please do not delete. This is on point and opinions and questions about the company and the video. I have not attacked anyone at all. In fact, I applauded 2c and his wife. GLTA.
Yes, you could be right on the money.
One would think. But let's see how this all unfolds. GLTA
One thing I really like about this board is that we can have a civilized debate and still keep it clean. Glad to see that less posts are getting deleted. GLTA!
Agreed. Please send them an email and instruct them to accept the offer. We'd like to move on and take advantage of other investments. Please instruct them to do this by end of day tomorrow. Thanks very much.
Who is blackjack? And why are his predictions true?
Well, I certainly hope you are correct. The only reason I said there may not be a buyout now, because 2C seems to have changed his tune.
His previous messages boasted ALL CASH buyout, etc. Now, he's moved away from mentioning the buyout and just focusing on the future of the company and the assets and how great the company will be years from now. I feel he may know that the buyout (if there really was one) was rejected.
Please do not delete this message. This is on-point and my opinion. Censoring public message boards to keep the illusion of positivity is deceitful in my opinion.
From the way 2C has been posting this weekend, my sense is that the offer has been rejected and they will probably announce this tomorrow. Just my opinion based on what he has been posting. GLTA.
But is what I said correct? That you have to wait 3 days til the funds settle before you can use that cash?
How do you flip so quickly if you can't use the funds until they settle? This could not be possible unless you had an endless cash flow in your account.
I've never flipped stocks before that quickly. So, it is my understanding, once you sell a stock you can use the funds immediately to buy another, but you cannot sell that new stock until 3 days after the original sale has settled.
Am I wrong? Thanks.
So, 2C, are you now saying there's no buyout?
Have you received info from the company? Per your message, it sounds like they are going to talk about production and reject the offer. If that's the case, then why don't they come out and say it instead baiting shareholders.
Please do not delete, this is on topic and a valid question. I'm not bashing, but I'm not a mindless cheerleader either. Censoring boards is not a good thing just to keep it all full of positive posts. Only provides a false sense of positivity.
Is that the word out this weekend on the boards?
The deadline is 18:00 hours Mars time.
Message from Mr. Dovgan:
We will be making the buyout announcement on Monday. This evening we are attending the Russian premiere of "How Stella Got Her Groove Back". We hear it is a very good, brand new American comedy.
I think we should hire Nora, the piano playing cat, to entertain us until we get the PR.
Well, I hope you're right. I just hope we don't go through another round of offer counter-offer again. That would be ridiculous in my opinion. We shall see soon I hope.
They've had several weeks now. They seem to be pretty quick to the draw with the offer counter-offer thing. They managed decisions within 2 days. I don't believe for one minute that they're at the office working late and sorting out details. They know one way or the other. It just confuses me why they don't release the news.
Per their PRs, they seem very concerned about the stock price, so that is why I'm thinking its bad news and they don't want the stock to tank today. Hope I'm wrong.
You may be right, but I still don't think it makes them look very professional. I mean, to put in a PR that they couldn't make a decision because of the Russian holidays while all other businesses seem to have managed to work. And then after all this back and forth about offer counter offer, etc and then extend the deadline again? And now, here we are waiting, and.......Nothing.
My concern is if they don't release a PR before the close, it may mean its bad news and they don't want to see the stock tank. They'd rather let everyone digest the news on the weekend so it won't have as much of an impact.
So, hopefully they'll release a PR before the close.
Are you kidding me????? Those idiots have been partying for the last two weeks during the Russian "holidays". Give me a break. Those overstuffed sofas need to get some work done.
You stated about an hour ago you just bought another 50K and then an hour later you want to unload 230K? Yeah right.
They're probably out having dinner with their mistresses :) Just kidding!
By the way, just noticed this PR from January:
NEW YORK, NY--(MARKET WIRE)--Jan 31, 2007 -- AURUS Corp. (Other OTC:AURC.PK - News) had previously announced that it shall give each of its shareholders on record as of January 30, 2007 a premium of one share for every ten shares held in the Company.
AURUS announces that it must extend the date of record for granting the stock dividend until February 15, 2007. This is due to the delays caused by the holiday period in Russia which extended until mid January. The accountants need this additional period to ascertain the number of shares affected by this dividend. This is required in order to prepare their financial statements.
OK, so my questions are: Do the Russians actually ever get any work done between all these 'holidays'? Also, does the current share count as stated in the audit include the dividend per the PR above?
Can we get 2Create's wife on a concorde to fly over and get our answer for us? Might be a lot quicker! :) GLTA!
Well, the day is still young! I'm a little surprised that they haven't released any news. They must know that investors are waiting here on pins and needles. They should just put everyone out of their misery and update us on the situation. It is after 6pm there, so they must definitely know the outcome by now.
It also could have been a transaction that was executed earlier in the day and just got printed just before the close. Often happens.
What is the DE Corporate charter. I'm pretty new to the stock. Could you explain please. Thanks!
Shouldn't we be hearing something this evening? Since they are 8 hours ahead of EST?
Per their PR yesterday, they made this statement:
The shares shall be posted during the course of the next week and shall be included in any and all buyout proposals
I could be wrong, but my sense is, why would they make this statement in the PR if they weren't planning on accepting a buyout bid.
Any thoughts?
Man, what an amazing chart. Looks like a classic short squeeze for that stock. Went from $5 to $25 in a couple days. Well, if our shorts cover, hopefully we'll see a dramatic move like that !
Are you talking about the PR guy listed on the AURC PRs? I've tried that number several times and no one has ever answered. Has anyone ever spoken to him?
That's my concern. That there will be another delay for some reason. Or they announce some sort of complicated cash-stock deal that no one will be able to figure out.
I didn't realize the dividend situation has been going on since last year. This concerns me because, will we be talking about a potential buyout this time next year as well?
Agreed. It'll be interesting to see what they say tomorrow. An acceptance, or another stall tactic? If they were going to accept, I think they would have done so long ago. I could be wrong, but they seemed to have PR'd everything else, why not just give an answer to the buyout? I'd be really suspicious if they have waited 2 weeks to do a counter offer for .60. They should be negotiating behind closed doors. Not through PRs. Just my opinion.
No, I'm not bashing, I'm on point and stating an opinion. An opinion from a shareholder.
What was the price of the stock when they first announced the dividend in 2006?
May 23, 8:55pm
Hey 2Create, this may sound far fetched, but do you think there's any chance we'll hear of a higher offer than the .55 this week? Or do you feel that the .55 offer is going to be the cap? Thanks.
A dividend is just that. It doesn't mean they are spinning off a new company. It means that they are merely issuing a percentage of your current ownership. I think its embarrassing that they would say they are mailing the certificates next week. That's the scary part. Unless you have your certificates issued and have them with you, they should be deposited in your stockbroker account. I'm not sure where they get the whole mailing certificates. It's not 1950.
I have a feeling that this is just a diversion. I have a feeling this could be turning into a scam. I hope that's not the case.