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Overview of Auri Inc. (OTCPK: AURI)
Auri Inc. is a dynamic holding company operating at the intersection of wellness, blockchain technology, and intellectual property development. Established by a consortium of seasoned investors and business leaders, Auri has strategically diversified its portfolio to encompass industries such as CBD-based wellness products, cryptocurrency, NFTs, and high-value intellectual property assets. The company's innovative approach combines celebrity endorsements, cutting-edge technology, and a focus on sustainability to create a unique market presence.
Key Business Segments
1. Wellness and CBD Products
Auri's flagship wellness brand, "Knockout," features a range of CBD-infused products, including gummies, topical creams, and non-alcoholic beverages. Backed by legendary boxer Riddick Bowe, the brand leverages celebrity endorsements to appeal to a broad consumer base. These products incorporate patented S.E.N.D.S. technology, enhancing absorption and efficacy, and cater to pain relief, sleep management, and overall wellness. The company has established a robust distribution network across North America, with over 3,000 retail accounts.
2. Blockchain and Cryptocurrency
Auri is an innovator in the blockchain space, having launched asset-backed cryptocurrencies such as the "Auri Token" and plans for gold-backed and music-rights-backed digital coins. These tokens are designed to offer stability and intrinsic value, differentiating them from traditional cryptocurrencies. The company is also developing a European presence, with plans to establish a crypto exchange and processing hub in Moldova, an EU-friendly nation. Additionally, Auri is integrating artificial intelligence to streamline token creation and transactions, enhancing scalability and efficiency.
3. Intellectual Property and NFTs
Auri has an extensive portfolio of intellectual property, including high-end art, rare music recordings, and sports memorabilia. Through its subsidiary, Melody Trust, the company owns over 17,500 master recordings from iconic artists like Ray Charles and Elvis Presley. Auri monetizes these assets by creating NFTs and licensing opportunities, aiming to establish itself as a major player in the global art and entertainment markets.
4. Environmental and Industrial Solutions
Through its wholly-owned subsidiary EVAP Inc., Auri addresses environmental challenges in the oil and gas sector. The company's patented technology converts produced saltwater into clean steam, offering a sustainable solution for water management in industrial applications.
Strategic Initiatives and Market Expansion
Auri is actively expanding its market footprint. The company has entered the European market with plans to launch crypto coins and establish a processing hub in Moldova. This strategic move aligns with Moldova's progressive stance on cryptocurrency adoption. Auri is also investing in AI-driven platforms to enhance its blockchain operations and improve customer experience.
In addition to its European expansion, Auri is focused on vertical integration within its wellness and blockchain segments. By combining its diverse operations under a unified strategy, the company aims to maximize synergies and create long-term shareholder value.
Competitive Positioning
Auri differentiates itself through its multi-industry approach, leveraging celebrity endorsements, patented technologies, and asset-backed cryptocurrencies. Its focus on innovation and sustainability positions it favorably against competitors in the wellness and blockchain sectors. The company's commitment to high-quality products and transparent operations further enhances its market credibility.
Conclusion
Auri Inc. represents a compelling investment opportunity, blending traditional business models with innovative technologies. Its diversified portfolio, strategic market expansions, and focus on sustainability make it a unique player in the global market. As the company continues to innovate and grow, it is well-positioned to capitalize on emerging trends and deliver value to its stakeholders.
AURI Inc. (OTC PINK:AURI) has announced its intention to reduce its authorized shares by 1 billion shares through an amendment to its Articles of Incorporation with Wyoming's Department of State. The company's CEO, Edward Vakser, stated that maintaining 10 billion authorized shares was counterproductive to reducing capital costs.
This reduction is part of AURI's broader strategy to improve its balance sheet and share structure. The change is expected to be effective within weeks, after which the company's transfer agent will update records and report the new authorized shares count to OTC Markets' issuer services division.
AURI Inc. (OTCPK:AURI) has announced a significant reduction in its outstanding shares, with one of its largest shareholders exchanging their common stock for a company note. The transaction, effective February 1, 2025, resulted in 1,124,498,000 shares being returned to the transfer agent and retired into the Company's treasury.
This move has reduced the total number of outstanding shares to a level below what it was on February 1, 2024. CEO Edward Vakser noted that this reduction comes after a significant twelve-month period marked by numerous operational milestones, and stated the company will continue taking steps to streamline its capitalization to enhance shareholder value.
AURI Inc. (OTCPK:AURI) has announced the development of a new web-based artificial intelligence platform designed to enhance crypto currency operations in the United States and Europe. The system is expected to begin Beta Testing in Moldova within two months before being integrated into AURI's existing infrastructure across Europe.
The company recently established capabilities for credit card processing and token exchange in Europe, with operations centered in Moldova. The new AI system will enable 24/7 transactions with improved speed and reduced errors for crypto coin purchases, sales, and repurchases.
According to CEO Edward Vakser, the company plans to expand AI capabilities beyond marketing, sales, and distribution to include token creation. Management expects to announce additional innovations throughout 2025.
AURI Inc. (OTC PINK:AURI) has announced significant developments in its European operations, particularly in Moldova. The company has established the ability to process credit cards and exchange tokens in Europe through its partnership with TSYS, an established processor of alternative currencies. This enables AURI to handle crypto transactions through its Moldova office.
The company is preparing to launch two new cryptocurrency coins: one backed by gold reserves and another supported by a catalogue of rare master recordings. Asset valuations for both coins are expected to be completed by early February 2025. AURI is finalizing arrangements in Moldova, with all agreements expected to be signed in the coming month.
AURI Inc. (OTCPK:AURI) has announced progress in developing two new cryptocurrency coins. The first coin will be backed by gold reserves that AURI holds rights to, while the second will be backed by an extensive catalogue of entertainment IP rights, including rare master recordings, music, video, software, games, movies, and sports memorabilia.
The company has engaged the same contractor who designed their previous rare art-backed token to create these new digital coins. AURI is also developing a global online marketplace that will support multiple currencies and cryptocurrencies through payment processing partnerships.
Through their partnership with TSYS, AURI can now process credit cards and exchange tokens in Europe. The company is establishing an office in Moldova to facilitate crypto transactions across Europe. The company expects to process and exchange crypto coins and NFTs in the first quarter of 2025, potentially reaching over 750 million people.
Auri Inc (AURI) and Hollywall Entertainment (HWAL) have announced a joint venture to develop a digital currency backed by rare music rights. The partnership leverages AURI's cryptocurrency capabilities in Europe, particularly through their partnership with Moldova's government, and HWAL's subsidiary Melody Trust's extensive music catalog.
Melody Trust owns over 17,500 legendary music master recordings from iconic artists including Ray Charles, Elvis Presley, Frank Sinatra, and many others. These recordings have been preserved in a private vault for over 30 years. The companies are finalizing a definitive stock swap agreement expected to be signed within the coming week.
The venture aims to create a global digital marketplace for music, sports, memorabilia, and other merchandise, with both companies planning to announce additional collaborative initiatives in the coming weeks.
AURI Inc. (OTC PINK:AURI) has announced its expansion into European crypto processing through a partnership with TSYS. The company will establish operations in Moldova, enabling credit card processing and crypto token exchange services across Europe. The strategic location in Moldova, an EU-friendly nation considering replacing its national currency with cryptocurrency, provides access to a potential market of over 750 million people.
The company plans to launch its European crypto processing and exchange operations in the first quarter of 2025. CEO Edward Vakser highlighted the significant business opportunities presented through their Moldovan partnership, with plans for additional announcements in the coming weeks.
AURI's core business includes crypto currency development (Auritoken), NFT licensing, high-end art publishing, and oil/gas technology through its subsidiary EVAP Inc.
AURI Inc. (OTC PINK:AURI) has announced plans to expand into Moldova, an EU-friendly nation, as part of its European expansion strategy. The company aims to establish a corporate office in Moldova by Q1 or Q2 2025, which will serve as a distribution and trading center for its cryptocurrency products, including their asset-backed coins and NFTs. The expansion will potentially reach over 750 million people across Europe.
The company currently offers coins backed by rare art and has announced plans for AU AURI, a gold-backed cryptocurrency. AURI's crypto coins are listed on the Salavi global exchange, and the company plans to introduce additional coins backed by other rare and precious metals.
AURI Inc. (OTC PINK:AURI) has announced a strategic collaboration with Moldova to launch its crypto coins and tokens across Europe. The company plans to introduce its cryptocurrency products, including asset-backed coins supported by rare art and the upcoming AU AURI backed by gold, to a potential market of over 750 million people. Moldova, an EU-friendly nation, has expressed interest in adopting cryptocurrency as a national exchange medium.
AURI's crypto coins are currently listed on the Salavi global exchange. The company's business model includes developing High End Art and Reproductions backed by AURI Gold Crypto Currency, with plans to become a major Publisher, Licensor, and NFT developer. Additionally, AURI owns EVAP Inc., which has patent-pending technology for treating produced water in the oil and gas industry.
AURI Inc (OTC PINK:AURI) has announced significant assay results from its 2024 prospecting program at the Wawa Gold Project in Ontario, Canada. The company's joint venture with Gold Diamond Wawa Property Trust Inc. covers six patented claims in McMurray Township, which will serve as collateral for the AU Auri gold-backed cryptocurrency.
The prospecting at the War Eagle Zone revealed a 200-metre wide zone with multiple gold mineralized structures. Key findings include: War Eagle South Shear with grab samples up to 17.10 g/t gold, War Eagle North Shear with samples up to 12.90 g/t gold, and the Villeneuve Shear showing channel samples of 1.84 g/t gold over 4.70m. A new mineralized shear north of the Parkhill Fault was also discovered, yielding grab samples up to 2.59 g/t gold.
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