InvestorsHub Logo
Followers 24
Posts 1575
Boards Moderated 0
Alias Born 02/06/2006

Re: ibreken post# 69422

Sunday, 09/09/2007 5:44:14 PM

Sunday, September 09, 2007 5:44:14 PM

Post# of 115222
Personally, I am not giving credence to either rumor.

I believe the offer to buy Aurus at .38 was real. I believe the negotiated price of .55 was real. Kartix brought the parties together and Kartix is real.

Aurus paid their state taxes. That's real.

L2I is very real and so is their contract with Aurus. Moe's agreement with Aurus was real and their reluctance to pay Moe
was real.

L2I must wait for Aurus to assign a new transfer agent they trust before announcing when the shareholders meeting will take place.

Once a reputable transfer agent is in place, Aurus can exercise the 10% share dividend. True.

Aurus wants to appoint a new North American representative now that Jeremy Krause is gone. True.

Prediction: A new transfer agent in the U.S. will be selected. The date and place of the meeting will then be announced. The agenda for the meeting will be sent out to registered shareholders. The L2I contract will be extended as required.
The meeting will take place, probably in Burlington, VT. The share dividend will be distributed before year's end. And the buyout...

I believe the Board of Directors voted for it.