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Hopefully they will.
It would be really regretful if they announce another counteroffer but the decision has to be delayed for several weeks because Russia is closing down for 4 weeks to recognize global warming. It's not a public holiday, but most people take 4 weeks vacation and AURUS is not able to make a decision during this timeframe because russian brainwaves are deactivated during this time period. It's kinda like the May holidays :)
I think they also shut down in June, July, August, November, December. However, I could be wrong.
GLTA!!
OK. I hope you are right and we do hear something this week. I just want to make a little money. GLTA.
I understand that some people choose to take a two week holiday in Russia during this time, but why would the company close down for two weeks if there was a real deal on the table and if they were truly in serious negotiations to sell the company??? It seems like they would want to stick around and close the deal instead of closing shop and disappearing for two weeks. I can't imagine responsible management doing something like this. Sounds pretty irresponsible if this is the case.
Options not obligations??? During this very important juncture in the company history, why on earth would they take the option of closing down for 10 days? Makes absolutely no sense whatsoever?
Agreed. They stated twice in PRs that it is an all cash deal, but they failed to mention that in the latest PRs. But 2Create has mentioned its a cash and stock deal. I don't know how he knows that. Does that mean we'll get 1 cent in cash and .54 in stock in a company? Or does it mean that we will get .55 in cash and ALSO stock in another company for a total cash/stock deal that is higher than .55???
I wish 2Create would answer some of these questions since he seems to have a finger on the pulse of what's going on. Or why won't the company disseminate via PR to the shareholders?
I still don't understand this 10 day hiatus to make a decision when its not even a public holiday. They made it sound like the entire country goes into hibernation for two weeks. Does not inspire confidence I must say.
If its not a business holiday, then why on earth did they mention in the PR that they cannot make a decision for 10 day because of the holiday and the business is closed? Even more confusing than before.
Yes, I do have a position in this stock. I've been away for a few days and just came to have a look at the board. Nothing seems to have changed. I really don't understand why the company would communicate through 2C when they should be communicating directly with shareholders regarding the supposed buyout. I still don't understand how they can make such a quick decision last week and now all of a sudden everything is stalled because its party season in Russia. Things are just not adding up here. I hope this doesn't turn out to be a scam and we all lose our investment. I would like some answers, not just more offers/counteroffers, all cash buyout, no more cash buyout, just stock in another company, etc. Where's the beef? Why are they stalling. And why does 2C have all the info and won't answer anybody's questions??
Still don't understand. If the company can make a very quick decision and counteroffer for the buyout within a couple of days last week, then why do they now need two weeks to make a decision? Why are they blaming the May holidays (whatever that's supposed to mean) on not being able to make a decision. Does Russia just close down for 10 days and no-one is allowed to work? I hope this doesn't turn out to be a scam, I'd like to recoup my investment or make a little cash. I've asked 2C several questions but have never received a reply. He seems to champion this stock and attack those who seem to have valid questions/concerns. Very confusing. It was originally an all cash buyout deal. Now, according to 2C, its stock in some other company. How does he know this and why are they not disseminating information to ALL shareholders, not just a select few? Lots of unanswered questions here. Can anyone clarify why it has turned from .55 all cash to a stock buyout?
The good thing is the market reaction is very positive on the PR this am. Although we're not flying high yet, the stock is up on very strong volume. It may be poised for a bit of a rally towards the end of the day. GLTA! And hope they accept the .55 tomorrow!
Easy 4 bagger from here.
Still would like to get my question answered about the 2 week delay. Hopefully, we will see an acceptance tomorrow or Monday of the .55 offer and be done.
Count me as a YES.
Excellent post. That is exactly the case in my opinion.
I still don't get it.
They seem so quick at turning around an answer for the offer and sending a counteroffer, etc. So, why all of a sudden do they need two weeks to make a decision. I truly cannot believe russia shuts down for two weeks and no one is allowed to do any work. Any thoughts?
It's not like the new offer is that far off from their counteroffer.
Will the next PR say, we've made another counter offer at .60, but because it's Russia's Celebration of the Babooshka, we've given them 6 weeks to reply?
Is this getting fishy?
Can someone help me here.
If they were very gung ho about the .65 counteroffer and we're ready to run with it, and now they are made a counteroffer of .55 which is not too far off from their counteroffer, why do they need two weeks to think about it? They seemed to be pretty quick before to make up their minds and release PRs before. You mean Russia closes down for two weeks and no business takes place?
Does anyone feel we'll see a PR sooner than that to confirm the acceptance?
Any thoughts?
2Create, I'd like to clarify.
I don't think I completely understood your post. Are you saying that we will get .68 per share CASH and also shares in another company? Or are you saying that the .68 is no longer cash and its just shares in another company. Or are you saying that we'll get .38 cash and then shares in another company. Very confusing because you were pretty adament before that it was an all cash deal.
Any clarifications you could provide would be greatly appreciated. Thanks. GLTA!
Agreed. But I believe this is a done deal. I think we will see an acceptance PR very soon. Then the shorts will have to cover big time.
I'm actually glad they released the pr on Monday while it was still only at .15/.16, because if this ran hard and then they released it, people would have been a lot angrier. Although it wasn't the immediate response we wanted in terms of share price, I think ultimately we will be rewarded for holding.
By the way, has anyone noticed the big blocks of buys going through at the moment?
GLTA.
The calm b4 the storm. Actually, its very odd to see this board relatively calm and quiet. Wait til the buyout acceptance PR comes out and then......I believe we will see something either today or tomorrow. Just a hunch. GLTA!
Well the only thing I can say is that if you don't believe there is a huge short and naked short position, then you are probably wrong. Check out the links in my previous post. The SEC and Buyinstinet state it clearly. So, its not my opinion, its fact. GLTA! C'mon PR, everybody (shorts and longs) are all waiting with baited (sp?) breath.
2Create, do you feel we will see a PR before Monday since the company has stated they have been in constant contact with the offeror. I assume this is a done deal and they have mutually negotiated the .68 buyout offer, so I would imagine its just a formality to accept the counteroffer. Any thoughts? Anyway, I'd love to see a PR today. GLTA
I believe there is a huge short/naked short position. I believe that is why we saw lots of buys yesterday and little movement. And I believe that is why all of a sudden all the bashers descended upon this board. They were in panic mode, because if there's enough buying pressure, the will have to cover big time. And they will do anything in their power to avoid that. Unfortunately for them, the buyout will force them to do so at some point soon.
See the following:
http://www.nasdaqtrader.com/aspx/regsho.aspx
http://www.buyins.net/tools/short_list.php?dys=>12
GLTA!
Are the bashers still here in force? Or have they moved on. I have a feeling they'll be back big time when the acceptance PR comes out this week (or Monday). I've put them all on ignore.
Surprised the stock hasn't moved more strongly upward today with the .68 buyout news. Will we see another 1:30/2:30 pm PR as usual with the acceptance news? I bet that'll bring out the bashers big time. Let's see what this afternoon holds for us.
GLTA!
Oh man, AURC is gonna run hard tomorrow. Expect a major gap up in the morning. Man, the bashers are out in full force still!! I guess this must mean there is a HUGE short position. These guys will have to cover tomorrow I believe. It's going to get ugly, that's for sure.
Per today's PR, they have been negotiating with the offeror for a while now and seemed to have negotiated the .68 over the last day or two. So, I believe we will hear tomorrow that it has been accepted. Look out shorters!!! 6 bagger from here.
GLTA!
Is curber a fake and a paid basher? I wonder why a highly paid KPMG auditor would waste his valuable time bashing on a penny stock board and posting in a pretty unprofessional manner in my opinion? Give it some thought. A shorter in disguise??? Man, these guys are in PANIC mode!
Don't forget, when you reply to these people, they get paid for it.
Keep the faith, we are only a couple days away (or less) from a confirmed deal. I'll take the .68 per share. It's a 6 bagger from here.
GLTA!
Put all bashers on ignore. That is what I've done and also my advice to you. They get paid everytime you respond to them. That's what they're paid to do. They won't go away until the short position is gone, which hopefully will be tomorrow or the next day.
I think a strong move upward tomorrow is on the cards! GLTA!
Don't know what typos you are talking about. I've seen tons of typos in large company PRs in the past. It does not affect my trading. If I based my trading solely on whether there is a typo in a company's PR, then I wouldn't be trading any company.
Don't be intimidated by the bashers (I mean shorts) scare tactics. Why do you think they materialized right after the PR? Think about it. They were nowhere to be seen until the deal was announced. Is their short position threatened now? We shall see over the next couple of days.
GLTA!
Put him and all the bashers on ignore. I did. Board looks more civilized now. Why do you think they are posting tons of negative messages? Major short position? Perhaps, they're trying to scare weak hands to sell. Very transparent indeed. They must be working overtime today :) Major run tomorrow in my opinion. GLTA.
BEWARE - Basher Alert. Where on earth did all these bashers come from right after the PR? Are they really that panicked. Do you think they are shorting the stock big time and are afraid of the .68 buyout. Very interesting indeed.
Also, the fact that the PR did state that they've had numerous conversations over the last 24 hours with the offeror and have come to .68 as a counter offer means, I believe, that they've been going back and forth and have finally come together at .68. Does anyone else agree with that deduction?
GLTA! Beware the bashers. If they're out this strong, then the shorters are really scared in my opinion.
I believe the stock will run hard now since all the bashers have come out in full force. I wonder what they are afraid of if they have no position? Why are they bashing so hard and there are so many of them all of a sudden. Huge short position maybe? Scare tactics so weaker hands will sell? Interesting turn of events. If they had no stake in this, they wouldn't be posting so many times and so negatively.
I think I'll hold, thank you very much. We'll see what the next few days bring.
Reminds me of the bashers from the good ol' AOB days. They bashed the stock all the way from 1.00 to 14.00. Very nice profit indeed.
Why do you even care?? If you don't like this stock, perhaps you should move on. Let everyone make their own decisions. Just because you post negative comments all day, do you actually think it will sway shareholders? Don't think so. Instead of trying to save us, try to save the Whales, they need it more than us. Just a thought.
HEY!!! I got it right!!!!
From today's PR:
Based on the negotiations, the Board believes very strongly that the counter offer will be accepted.
I hope we will see the PR today. Isn't it midnight in Moscow right now? Aren't they all sleeping at the moment?
I still believe that there is a possibility that they've negotiated a higher selling price with the buyer (maybe .50 range?).
I'd be very surprised if they went through all this over the last 3 weeks, just to say they are rejecting the offer. Why would anyone do that, unless they wanted to run the stock hard, which they didn't (only made it to mid teens).
Mere speculation here, but is there a chance they mentioned the .38 offer price early, so they can announce a higher renegotiated price today to look like the heroes? Yeah, I know, sounds a little far fetched. Any thoughts? Any takers?
GLTA!
Tons of buys at the ask. Is it just investors seeing a bargain? Shorts covering? News leaking out? Any thoughts?
Big blocks and uptick. Is there news??
Agreed. I do wish 2Create would respond to my questions. They seem like very reasonable questions. Well, all we can do now is wait for this PR and see what it says. GLTA!
Although some of us are down a bit in terms of stock price, my life has not fallen apart. I think some of the investors on this board need to get a little perspective. Major over-reaction I believe. Let's see how this plays out and then the freaking out can begin :)
By the way, I feel its all the fault of global warming!! I thought the board could use a little humor.
Your post may have some merit, but if that were really the case, wouldn't they have waited another day and let the stock price run and then announce $2 then dump the next day?
The stock has not really rallied that hard. We only made it to the mid teens overall during the rally and then they announced the .38 buyout. So, its not like the stock ran to $1 and then came crashing down. It only got to a high of .19 for a moment then came down and closed at .12. So, if this was really a scam, shouldn't the stock have been pumped higher and the buyout higher so they could dump?
Still on the fence here and holding til the PR. Hopefully, its good news!
Trading is always a gamble no matter what the exchange. I've learned that over time.
GLTA!
Question to 2Create. Based your reply, do you feel now the offer won't be accpeted and it will be a merger/reverse merger? You mentioned in a previous post (#38295) that management is well aware of NDOL and this situation is unrelated, etc.
What view to do you take of the premature PR yesterday? You are the closest to this company. Do you feel that they may have pulled the wool over your eyes, or do you feel we will see a good PR today from them and higher prices tomorrow.
Also, people are making claims that they've issued money and stock to individuals to pump the stock recently. Is this true? If so, does it matter to you?
At this point, I still don't feel its a scam, because they could have let the share price run for another day and then announce $2+ buyout and then dump their shares. So, a scam doesn't make sense to me at the moment.
I'd just like to get your take on this situation as I find it very confusing.
Hey 2Create..what do you make of what has happened today and the PR of the .38 offer? You seem to be the closest to the company than any of us. Especially since your wife went out to shoot a video of their production facilities in January.
Do you have any thoughts about what we can expect?
They've obviously known about this deal for several weeks and the offer price, so if you don't think they will accept, why would they do weeks of due diligence, etc to satisfy the buyer? And then release 2 PRs last week about the all cash offer if they weren't going to accept?
Any thoughts you can provide would be greatly appreciated. Thanks!
Here's my proof. From the FACT-N-FICTION Board today:
Posted by: golongandstrong
In reply to: None Date:4/23/2007 5:44:49 PM
Post #9933 of 9933
***** AURC
Why do not you guys start work on this, it's a BIGGER scam, if there is one, than GLXI. Russians and gold with a promise of a buyout.
By the way, glad I sold at .15 for a 50% loss.... as it's down another 20% today.
Why do you even care? Are you trying to save us by bashing us with all these posts? You stated on another board that you were down 50% when you sold today and you called AURC a scam. You also invited those from that board to come over, and bash I assume.
Are you trying to short the stock? Why is it a TOS violation if I speak the truth and make assumptions about your nasty bashing.
Yes, I joined just a few days ago. That's no secret. I introduced myself to the board as a newbie.
Maybe you should just go away and take your bashers (shorters) with you.
Thoughts for the board.
There are those of us that think the offer will be accepted and those that think it will be rejected (clearly today's market reaction). Here's something to ponder. This deal has been on the table for several weeks now. So, they've already known the offer price of .38. If they were going to reject it, why wouldn't they have done so immediately. Why would they go through the whole process of verifying the offeror and the offer price over the last couple of weeks? Why would they get the Minstry of Russia to verify their assets for the potential buyer?
In my opinion, they are going to either accept the curent offer, or they have already negotiated a slightly higher price with the buyer.
Any thoughts are welcome. GLTA!