Aurora Acquisition Corp (AURC)

[Vasco da Gama]

I’m thinking about - (PART I)


A - Aurus Announces Share Purchase Price - Apr 23, 2007
The Value was $.38

B - Aurus Communicates Board Decision April 24, 2007
5. “the original offer of $.38 is refused”
6. “a counter offer of $.68 is made with an expiry date of April 30”
7. “will recommend to shareholders to accept $.68 per share”
8. “the assets of Aurus Corp. are $8 billion”
9. “the company is in production”
10. “With expenses ranging at approximately 70% of the production value of the minerals”
11. “the amount of profit in relationship to share value is very high”
12. “the share price should be $2-3”
13. “recent stock price was deliberately brought down in order to pressure it to accept the proposed offer”

C - Aurus Receives Counteroffer of $.55 April 26, 2007
1. “Fedor Dovgan, has received a counteroffer of $.55 per share from Kartix Financial Corporation for all the outstanding shares of the Company.”
2. “The offer expires on May 1, 2007 at 18:00 hours”
3. “but because of the annual Russian May holidays which h end on May 9, Mr. Dovgan and Mr. Sokolov have agreed to extend the delay until May 11”

D –Production (March 13th 2007) 'above' expectation" By Martin Grancharoff, Posted by 2C (Post 44237)
1. This will again increase production which is presently [as of March 13th 2007] 'above' expectation"

E - Aurus Triples Gold Shipments - February 16, 2007
1. announced that its first shipment for February surpassed the amount shipped for the entire month of January
2. According to the Company, it has tripled the quantity shipped on a bi-monthly rate
3. On February 14, it had processed 2,300 ounces of 99.9% pure gold, which is an increase of 300% over last month's shipment of the same date
4. The Company expects to continue to increase its gold deliveries on a month-to-month basis to approximately 10,000 ounces and where after it will increase production further with the receipt of the new equipment on order
5. "The increase in gold delivery is truly encouraging and we are very optimistic for our continued efforts to further increase revenue and profitability," says Martin Grancharoff, vice president.

I need to understand this process and the all situation.