Thursday, May 11, 2006 5:02:02 PM
Aurus to me is the same deal,as NDOL, Monimpex doing both, same management, except Parkin is Pres,so to a causual trader they may look different. Rather thinly veiled, but perhaps well enough for many, who never do DD anyway. Although, now everyone knows what is up so I bet there are no wild swings with AURC. Next leg up is OTC or Parkin straightening out the balance sheet which he said he would do a week ago. That whole long term liability issue, where he should have put it down as :
Assets= liabilities + retained earnings (had they labeled it retained earnings that would have worked ok.
*NDOL is one reason traders have calmed down on the AURC stock.
I think AURC will go OTC BB, before any buyouts, just due to the pinky stigma/ that NDOL has created. If they do one after the other, the same way, they will really get screwed unless May 15th Northwest comes out with SEC Filings that are transparent and Great for the 2 divisions we merged with.
**If they issue a consolidated statement but we only bought into two divisions how does that work?
TIA
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