AUCI HUGE find in PR$$$Co confirming REVERSE MERGER $$$
yesterday's NEWS is much more than a filings Update with Pinksheets & CE removal .
It is more like a solid confirmation of the Upcoming Reverse Merger with Amero International Inc
why is it a solid confirmation of the reverse merger ?
AUCI has released in yesterday's PR a BIG reminder paragraph about Amero International Inc DEAL
if you look at the paragraph under the section"
About Auctions International, Inc." you will get to see a whole
detailed paragraph about the Amero International, Inc Acquisition
in other words we can read it :
About Auctions International, Inc=Amero International, Inc NOW $$$
otherwise there was no REASON TO INCLUDE THAT PARAGRAPH in the NEWS !!
for those who plays Reverse Merger plays they know that Updating all Filings &CE removal are the final steps before Reverse Merger NEWS.
with Amero 1.5 million in Revenues we will be a looking for a market cap on AUCI shell of 10 to 15 million $
and based on the actual share structure that could place the price in PENNIES !!!
AUCI is going to move like ASYI did
TAKE THE TIME TO READ YESTERDAY PR and ask yourself only one Question :
"why would they include this paragraph about Amero in the NEWS yesterday ??"
we know the answer
get ready for REVERSE MERGER NEWS very soon on AUCI and a MEGA PRICE RUN
early entries are the best rewarded
READ THE NEWS >>>>>>
AUCTIONS INTERNATIONAL, INC. FILES UPDATED FINANCIAL INFORMATION WITH OTC MARKETS
Mar 27, 2012
OTC Disclosure & News Service
Kelowna, BC, Canada -
Auctions International, Inc.(“Auctions”) (PINKSHEETS: AUCI)would like to announce to shareholders that the Company’s current financial data has been filed with OTC Markets and that OTC Market shares recognized that Auctions is now compliant and has removed the Caveat Emptor warning.
About Auctions International, Inc.
On January 15, 2011, Auctions entered into a share exchange agreement to acquire 100% of the issued and outstanding shares of Amero International, Inc.("Amero"), a private Manitoba based corporation. The agreement obligates both companies to complete the share exchange transaction, subject to certain conditions, including execution of the agreement by the Amero shareholders, with the result being that Amero will become a wholly owned subsidiary of Auctions. At the closing of this formal agreement, all the shareholders of Amero will be issued two hundred and fifty thousand shares of Auctions for every one share of Amero that they hold as at the closing date.
About Amero International Inc.
Amero International Inc. is a closely held private corporation duly registered in the province of Manitoba,Canada and Amero International is in the process of merging with Auctions International. Amero International Inc. has several divisions and product lines. This diverse company is involved in the manufacture, wholesale distribution, and both wholesale and retail sales via the Internet, of products ranging from outdoor recreational products to fine detail collectibles including precious metal mint items.
Amero International has current annual revenues of approximately $1.5 million with net revenues of over $600,000 and has a well planned and aggressive growth strategy. Amero International is the sole owner of CMC Mint with manufacturing facilities in China, warehousing in China, the USA and Canada. Company President Jean-Eric Plamandon has several years experience in the start-up of Internet based companies and has extensive experience in offshore production and world wide sales and distribution of quality mint collectibles and investment pieces (jewelry, coins and antique replicas with varying quantities of gold and other precious metals).
This press release contains or may contain forward-looking statements such as statements regarding the company's growth and profitability, growth strategy, liquidity,access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
Amero International Inc.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.