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Are they hiding from us?
Well let's see:
Webpage gone - no explanation.
Official Aurus board gone - no explanation.
But on the bright side Richard is in love again.
Why did they shutdown the official Aurus board with no explanation?
Did you receive a divy for last year?
What's official only 10 people will get a dividend.
Have you talked to them about the recent claim of last years dividend and the share count. I have tried to get through to the TA regarding the latest reason why payments weren't made and have not received a return call. The times that I have talked to the TA they would not give details on Aurus they said they could not.
Has anyone tried to verify Aurus story by contacting the TA. They seem to have an excuse for everything. You are telling me all this time they are trying to verify who owns what - what a bunch of crap.
I see we had some news yesterday
I think it is more fiction than news
Let's not forget the .008 to .0008 debacle. That was the most unethical/criminal thing I have seen. No explanation other than a 2 second posting on there website that only ibreken saw. Humm.
People have every right to whine they haven't paid a dividend in weeks. Why don't you tell us what the hold up/excuse for that is? In the last month they have not delivered what they said they would (financials) and they have posted 2 outrageous offers.
Yeah wildcatters in the Magadan Region of Russia. They are going to need a new printer, ink cartridges and paper - only 80 mil to go.
Well this should make all shareholders feel good. Let's see we receive an offer via email to purchase 1 607 717 troy ounces of gold , we post it on our website without verifying. Boy that sure does sound believable. I just sent an email to IBM and offered 100 Trillion for the company - lets see if they post it on the wires. What a joke this company needs to go down before more innocent investors are hurt by these criminals and the new VP whose only way to contact the company is via email on a Sunday only if it is cloudy out.
By the way what ever happened to the dividend - isn't the $300,000 in Canada just waiting to be distributed. Where are the financials promised on Oct 20th? I guess they were reading the email of the offer and couldn't get to them.
TA is not legally allowed to give out any information on their customers.
Not true. Aurus has requested this - it could be changed
On top of the fact that the use of a TA is not mandatory according to the SEC.
A company can act as their own TA, as the company has opted their legal right to do.
True, but is this really in the best interest of shareholder value. Who do I call to get outstanding share information or share structure ownership at Aurus? That's right no one I doubt even Richard knows this.
The Divi process is still on going.
Why? First they announce it. Then they have a 3 month delay (T/A problems). Then they delay again. ( Can't pay the wrong people) Then they pay a few people (Western Union). Then they say nothing else about it.
Show me anyone else who has verifiable financials or is asked to have their financials verified.
The major investment banks are proof of the fact, that is not a common occurance to have to do.
I am pretty sure they are audited by a financial organization and not a 1 page photo copy with no detail.
There are a few things that would lead someone to say it is a scam:
1) Announce divi of .008 and then pay .0008 and only to a some not all stockholders in the form of a western union payment.
2) Don't allow TA to give any information to investors
3) Buy Back 20 Million shares and the stock price drops
4) No contact with Russia for any shareholder other than Richard
5) Not delivering on one PR since new management has been established
6) No verifiable Financials.
7) Using excuse they are Russian and do things there own way
I will stop there many more can be added.
With all the time you spend responding to your findings you could have just posted them. Why not show everyone your proof. Geesh.
I am thinking we see some followup to that PR and soon.
Why would you think that? They haven't followed up or delivered anything so far:
Ex: Dividend, 9 month Financials, Buy-Back Details, Merger Details. Did I miss anything. They just announce (pr) something and think everyone is going to forget about it.
Hopefully the amount of shares they are buying back didn't get lost in translation like the dividend amount did.
Did you read this on the website: The highlighted part states they will pay american investors the first week in September. How else would you intrepret it?
AURUS CORPORATION TO DISBURSE DIVIDENDS
Moscow 20:30 (08.31.2010)
Declared by the Board of Directors of Aurus Corp. the disbursement of the Dividends began on Aug.10,2010. Due to Technical reasons the European and Russian investors were the first to receive the Dividends . Next week, Dividends will be disbursed to the American investors. Due to acting in full compliance which caused a delay in the Dividend disbursement. Payments will be implemented in full accordance of the security protocol for complete protection of Shareholders Dividend. Aurus Corp. requests each shareholder that receives Dividends to address a message in e-mail form to: magadan-krong@mail.ru for Kalinina Elena.
Thank you Shareholders for your patience,
Aurus Corporation/Management
Who else thinks it is unethical to state a dividend (.008) and wait 2 months to notify shareholders that it is different. Even though they have known for months it was different. Anyone remember when they stated how much they care for shareholders in the press release. What a joke.
I think you are right. What he is doing is criminal. He can't request information on a private message board. It has to be distributed to all shareholders (even the banned ones from the official AURC board) - even he must understand that. He has banned a lot of shareholders how where they supposed to get this latest stupid idea. It is good to know they are getting these ideas from someone who has no investment background. The best thing AURC could do for shareholders with that alleged $300,000 for dividends is buy back shares. They obviously can't and aren't going to be able to pay a dividend.
As far as going after Richard maybe we all need to take up his own motto on going after him "NEVER GIVE UP".
I guess I was banned from the group and not notified. How can you request shareholder information if you have banned shareholders from seeing what you requested. How can you even get a correct count if everyone can't see your message.
Once again when was this posted. I can't find it on the "official" Aurus (Yahoo) message board.
When was it written, I am a member of that board and I am not seeing it.
When was this posted I am not seeing it.
The question is where are the mm's finding the shares to deliver?
Why can't you answer the question?
24 million + marked as shorted by finra. Not that hard you can do it.
Once again you avoid the question. Explain this please:
24,469,909 marked as "shorted" by finra.
This is a fact not a myth.
Why don't you explain 46% of the month's volume being short for us.
You need to send the email
in Russian!
Doesn't matter. They will not give you basic shareholder information.
Just called Transfer online about share structure,they said they don't give out that information because of confidentiality agreement. Said to call the company.
Good Luck calling the company. If you send them an email they will not respond to this question. Why doesn't the other board (company liason) even ask them the question? This information needs to become available. There is no reason to hide it unless you have something to hide.
P.S. They still care for shareholders though.
Could this be where the money
for the divy is going to come from and could this be where the money has been coming from to pay for these P/R's?
Just another reason why they need to ungag the TA. Doing this one thing would really help them establish some legitimacy.
It is based on all issued shares - restricted and unrestricted. If shares haven't been issued they don't recieve a dividend. How could they no one owns them.
It would be even easier if you could pick up the phone and get it from the horses mouth(transfer agent). They will give you a wink wink number of upper 400's, but it is not official? Do you consider that low?
How do you know if all the shares registered for issue were released by the company to be sold?
Easy, ungag the TA.
There will be a Huge Short Squeeze on AURC!
That is the million dollar question. There very well could be, but in order for it to happen AURC management needs to wake up and do things right.
That shouldn't matter unless they are retiring or dumping new shares into the market. I can't think of a stock out there that announces a divy without an amount or a date. It just isn't done this way. They need someone to give them better advise on how things work in the market.
Dr. Feelgood hit it on the head as to why they need to ungag the TA.
And another thing you act as if the stock price is just going to sky rocket because they pay a dividend. Don't you think any new investor (not flipper) is going to want to know the prospects for the future. How can you put a price on a company if you have no idea what they are doing or what they plan to do. Look what happened last week everyone screaming (Buddy saying it was going to be an awesome week) this was going to sky rocket with just the announcement of a cash dividend. Didn't happen because people still have questions. Answer the questions and we go up.
Have an open line of communication for all shareholders not just one on yahoo.
This is just plain ridiculous to ask for and I don't know of any other holders of any common stock that have that kind of access.
You are kidding right. Just about every publicly traded company has an open line of communication available to all shareholders.
No one does certified financials or the banks dealings in repo 105 would have been exposed a long time ago I'm sure.
OMG. What am I dealing with. These were all questions everyone should be able to ask. If you don't feel they are important then so be it, but that doesn't give you the right to belittle them. It isn't your money and you are not the only investor here. You invest on your terms (planet alignment) while others will try to ask simple business questions.
Here are a couple:
Ungag the TA and let us see the outstanding shares along with a list of majority stakeholders. Does management even own any shares? How many shares were retired and why were they retired.
Give a time estimate and amount for the dividend.
Have the financials certified.
Release the results of the last annual meeting. What are the new properties and who are the directors?
Have a North American Rep. or at least someone that can explain their pr's and releases.
Have an open line of communication for all shareholders not just one on yahoo.
I am sure I could come up with more, but this would be a good place to start.
I think they will pay the divy also, but if they want the stock price to increase there is still alot more work that needs to be done. All these cries of .25 or dollars is insane without addressing the other issues. The long term holders of this will never be made whole if they don't address these issues.
i own multiple aggy stocks that pay dividens and never provide the actual dividen amount. Thats why you do DD.
Some people just crack me up. Remember this post. Too funny.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48988286
so sorry i have never been involved in a divvy before and would like to understand this better.
will we get paid cash .0067 per share? how can this be if it is currently trading
UNDER .0067?