AURI
AURI’s Recent Developments
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AURI has already been approached by some of the largest names in both fashion and footwear looking to collaborate with this unique fashion lab and we are currently considering multiple licensing potentials.
Since its initial launch, AURI is available in over 100 retailers including:
· Nordstrom
· Piperlime.com
· Gary's & Co., Newport Beach
· Andrisen Morton, Denver
· Harry's Shoes, New York City
· ORVA, New York
· Shuz of Los Gatos; Butch Blum, Seattle
· Lucky Shoes, Columbus
· Bob Ellis, Atlanta
· Hedi's Carmel, California
· The Tannery, Boston
· Reasons Shoes, Florida
· Rubensteins, New Orleans
AURI believes it is set for aggressive growth and expansion in 2011 and beyond with the women's product lines becoming a key growth component.
AURI has retail stores in 38 states, and is actively seeking opportunities to further continue its expansion efforts world-wide.
AURI’s fall 2011 collections are set to rollout into retail by August and will be its largest product rollout to date.
Future growth opportunities have also been identified in several areas including leather goods and accessories that will resonate with the brand's core mantra of "high technology integrated with high fashion."
International distribution plans are in the works to increase AURI’s already growing global presence as well as our domestic distribution expansion.
Increases of the brand's celebrity customer base and product placement opportunities will be continued areas of focus for AURI.
AURI’s Bullish Technical Run-Up, Set to Continue…
In February AURI’s market valuation was at approximately 14 cents. Since then AURI has experienced a growth in market valuation of over 264%, trading at around 51 cents.
The steady and consistent incline has allowed support levels to increase as well, diminishing the downside risk.
Moreover, in the past months we have witnessed increased volume, which has not only increased liquidity, but has caused for greater opportunity for investors and day traders.
Currently the RSI is at 49, on the daily chart, and based off past trading activity for AURI, from current levels there have been enormous run-ups in value.
NOTE: The last time when the RSI was this low, AURI experienced a huge run up of more than 200%.
Reference: Lyquid Tycoon
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