Aerius International Inc. (AERS)

[Cassandra]

... the VC’s who are interested in Aerius want unacceptable terms. Aerius needs an investor who believes in the technology ...

Venture capitalists (VCs) invest only in private companies, not public ones.

As stated in a press release, Bill Luxon is trying to raise money for Aerius International, Ltd., the private company based in Lewes, DE to which publicly-traded Aerius International, Inc. (AERS) sold its patents in Novemeber 2009.

The sale was made and approved by over sixty percent of Aerius International, Inc. shareholders on November 24, 2009. The sale was completed for the following reasons: 1) every effort to raise adequate capital to commercialize its intellectual property by Aerius International, Inc. had not met with success because the company was traded on the Pink Sheets; and 2) Investment advisors recommended the necessary capital could be raised through Aerius International, Ltd., a private corporation.

If he ever raises the money and produces phones (doubtful), the public corporation (AERS) will not get the revenue. The value of the public corporation is supposed to come from appreciation of the 10 million shares of private Aerius International, Ltd. that were paid for the IP.

Aerius management anticipates shareholders of Aerius International, Inc. will receive an increase in asset value of the Corporation based upon the anticipated appreciation of the ten million shares of stock in the private corporation.

http://ih.advfn.com/p.php?pid=nmona&article=40517988

Bill Luxon's press releases after Novemeber 2009 have all been false and misleading.