Turns out that everything Eddie Vakser has said about this latest deal is an outright lie as usual. He and his scam tickers will not be acquiring the manufacturing facility or any of the inventory. Eagle Hemp and Trim Life Labs have millions in debt and no income as no payment processors will work with them.
AURI can't sell anything for the same reason. The Knockout gummies scam has no payment processor either.
The bankruptcy filing by Eagle Hemp shows that their own company vice president or the highest bidder will get all their inventory and that of Trim Life Labs as well as taking over the lease on the facility.
Asset Description 9. Eagle Hemp seeks to sell the following assets comprised of finished products and raw materials: Case 8:23-bk-04137-RCT Doc 54 Filed 12/18/23 Page 3 of 21 4865-9329-3463, v. 2 4 FINISHED PRODUCTS – EAGLE HEMP PRODUCT QUANTITY EXP. DATE CBD Gummies 750Mg 30 Count 125,955 30-Jun-24
CBD Gummies 750Mg 30 Count 72,360 30-Jun-24
CBD Relief Cream 500 Mg 60mL 52,000 30-Jun-24
CBD Tincture 375Mg 30mL 0
CBD Tincture 750Mg 30mL 11,432 30-Jun-24
CBDa Tincture 750Mg 30mL 24,513 30-Jun-24
CBD Tincture 1500Mg 30mL 0
CBD Pet Tincture 375Mg 30mL 3,240 21-Dec-23
CBD Pet Tincture750Mg 30mL 0
FINISHED RAW MATERIALS – EAGLE HEMP PRODUCT QUANTITY Buckets/Lids - 5 Gallon 162 Filter Aid FW20 51 Bags Filter Aid FP1 26 Bags Hemp - Trump 803 Bags Hemp - Cherry 764 Bags CBD Crude Oil (Kg) 1624.154 Ethanol (Used, not usable in future extractions) 100 Gallons (collectively, the “EH Assets”). 10. Trim Life seeks to sell the following assets comprised of finished products: FINISHED PRODUCTS – TRIM LIFE PRODUCT QUANTITY EXP. DATE ACV Gummies 43,800 31-Aug-24 4865-9329-3463, v. 25 500mg 60 Count Keto+ACV
V. Sale through Private Sale But With Deadline for Higher Bids and Auction (If Necessary); Description of Offer; Bidding Procedures A. Sale 11. Subject to the conditions set forth elsewhere in this Motion, the Debtors request authority to sell to Purchaser. If another bidder timely submits a higher and better offer (“Higher Bidder”) than the Debtors shall seek authority through a separate motion to sell to the Higher Bidder with Purchaser as a backup purchaser. The Debtors determined that it would be in the best interests of their creditors and their estates to maximize the value of their assets through a sale of the Assets prior to the finished product becoming unsaleable without significant expense spent for retesting the product and in advance of the expiration dates. Absent such a sale at this time, the Debtors believe they would achieve less for creditors as a result of the perishable nature of the Debtors’ finished product and other related costs for retesting and relabeling of the Assets.
Description of Offer 12. The Debtors received an offer (the “Offer”) from Arete E-Commerce Group, LLC (the “Purchaser”) to purchase the EH Assets and the TL Assets (collectively, the “Assets”), free and clear of any and all liens, claims, and encumbrances, except for the Assumed Obligations outlined herein. 13. Purchaser has agreed to purchase the Assets for a total purchase price of $375,000.00 (the “Purchase Price”), consisting of one bid at $262,500.00 for the EH Assets and one at $112,500.00 for the TL Assets. In addition, Lease will be assumed by Eagle Hemp and assigned to the Purchaser at closing (the “Assumed Obligations”)..... The finished product of both Eagle Hemp and Trim Life are perishable in nature and have expiration dates that are primarily approaching mid-next year and would necessitate retesting, thereby significantly reducing the value of these items. The Debtors are unable to sell the product on a retail basis due to continued lack of credit card processing. The Offer put forward by the Purchaser provides for the Purchaser assuming Eagle Hemp’s expenses related to the Lease, thereby relieving the Debtors’ estates from these administrative costs.
Here are the lie-filled AURI tweets that were reposted by the scammers at Mark2media:
Auri Inc on X: "$AURI sneak peak of upcoming acquisition part 4 of 5 #OTCMarkets https://t.co/ywP76iSQRh" / X (twitter.com)
$AURI the company wants to emphasize that the negotiations have gone on for some time. This process is in the final legs. What we plan to do is iron out terms of owner financing agreement and give the facility 1 last check before we sign on the dotted line. #OTCMarketshttps://t.co/PDdcLGLCwppic.twitter.com/QZQjMNsOyA
$AURI this acquisition has millions of dollars in inventory on top of revenues! We plan on using the gummies in inventory for our other deals in white label! #OTCMarketshttps://t.co/PN4A0nihNA
