Replies to post #99683 on Aurora Acquisition Corp (AURC)

[sidedraft]

Getting things done in Russia may take more time and more friends in high places, than in a free country.

This is a portion of an article published yesterday in the Daily Mail:

"According to Transparency International - a global society which campaigns against corruption - Russia has become a world leader in the corruption stakes. Foreign analysts estimate that no less than $30 billion a year is spent to grease official palms to oil the wheels of trade and commerce.


But when you raise the subject, Russians shrug their shoulders: "What's the problem?" they retort.

"That's how the system works. It will never change."


And that is because everyone is at it. From corporations (including foreign investors who claim to have clean hands but cover their tracks by establishing local "shell" companies to pay the bribes) to the humblest individuals who buy their way out of a driving ban.


In a country where the "separation of powers" has become a bad joke, the law courts are no less corrupt.


Except perhaps for minor misdemeanours at local level, the judiciary is in thrall to the Kremlin and its satraps.

The threat of prosecution for tax fraud is the Kremlin's weapon of choice against anyone who dares to challenge its hegemony.

When Mikhail Khodorkovsky, once the richest man in Russia, used his oil wealth to promote human rights and democracy, Putin detected a threat to his throne.

The oligarch was duly arrested and convicted of fraud. He now languishes in a Siberian jail where he is in the third year of an eight-year prison sentence."

http://www.dailymail.co.uk/pages/live/articles/news/worldnews.html?in_article_id=566931&in_page_id=1811

[wjw2sq]

"they are no less, and no more transparent than they have ever been"

They use to post PR with how much gold they produce, now they say nothing. Just like the buyout. they said they would be for transparent!!! what happen.

Aurus is in no more "trouble" than they have ever been, only your outlook has changed.

Their PR's changed that. or lack of meaning full info.

If they are going to delete production PR from this web site they should delete all info before 2008.

[freddy80]

That is very true!

[divtrader9]

Pink sheet stocks are my lottery tickets, after 20 years of losing 100% of my investments in lottery tickets, AURC is still only down 80% after over two years! I still have 20% of my original investment, only a very lucky few can say the same of the lottery, and most of them are not telling the truth!
Sorry to butt in on this one, but just a thought: You wouldnt bet $1000 at a go on the lottery would you. If you keep aside $1000 for playing the lottery instead of betting on aurc, and you only play say $5/week, perhaps you will still have more than 20% of the money left.

Also if you consider that virtually 0% of pinks gets trully bought out by real companies, the chances of getting any returns for your investment is about zero which is worse than the chances of winning something on the lottery. so I believe that you may be better off playing the lottery than betting on aurc.