Welcome to our dedicated page for Autris news (Ticker: AUTR), a resource for investors and traders seeking the latest updates and insights on Autris stock.
Autris (AUTR) pioneers sustainable community development through innovative integration of blockchain technology and eco-conscious real estate strategies. This news hub provides investors and stakeholders with timely updates on the company's progress in creating self-sustaining residential ecosystems across Latin America.
Discover official announcements covering strategic acquisitions, digital asset implementations, and new community launches. Our curated collection includes earnings reports, partnership disclosures, and operational updates that reflect Autris' commitment to transparency through its F.I.R.S.T. philosophy framework.
Key content focuses on sustainable construction milestones, blockchain-based property transactions, and membership program expansions. Users will find verified information about land development projects, cryptocurrency integrations, and community governance innovations central to Autris' mission.
Bookmark this page for reliable updates on Autris' unique approach to merging physical community development with decentralized digital systems. Regularly refreshed content ensures informed decision-making for those tracking sustainable real estate innovations.
Autris (OTC: AUTR) has announced the appointment of Mikkel Thorup, a renowned expat consultant, to its Board of Directors, along with his acquisition of a 5% stake in the company. The transaction involves 13,750,000 restricted common shares, acquired through a private transaction with CEO Patrick Hiebert.
Thorup, who specializes in helping high-net-worth clients with tax mitigation, second residency, citizenship, and foreign investments, expressed strong belief in Autris's vision. The company focuses on developing freedom and self-sustainability oriented communities throughout Latin America and the Caribbean.
Autris CEO Patrick Hiebert welcomed Thorup's appointment, highlighting the value of his expertise to the board. The company aims to create communities centered on principles of freedom, independence, resilience, sustainability, and transparency.
Autris (OTC Pink: AUTR), a company focused on developing self-sustainable communities in Latin America and the Caribbean, has provided an update on its Bitcoin strategy. The company accepts Bitcoin and stablecoins for payments, maintains Bitcoin in its treasury, and requires all businesses within its Veritas Villages communities to accept Bitcoin. Autris recently installed a solar-powered Bitcoin miner at its Veritas Village in Coronado, Panama, utilizing excess solar power with zero electricity costs. The company has successfully conducted home sales in Bitcoin and pioneered the first Latin American property sale with NFT deeds on the Bitcoin sidechain Liquid.
Autris (OTC: AUTR) reported record-breaking results for the fiscal year ended June 30, 2024. CEO Arnold Patrick Hiebert highlighted key achievements:
- Positive earnings of $354,097
- Deferred revenue of $3,892,862
- Asset growth to $10,351,949
- Shareholders' equity of $5,056,919
- Retired all outstanding mortgage amounts
- Sold ~80% of flagship Veritas Village - Coronado project in Panama
Autris focuses on creating freedom and self-sustainability oriented communities in Latin America and the Caribbean. The company plans to expand to Costa Rica, Mexico, Argentina, and beyond. Autris aims to grow its property management division, increase marketing reach, and work with partners to create International Self-Governance Cities.
Autris (OTC Pink: AUTR) announces a highly successful launch of its Veritas Village - Coronado Community in Panama, designed by recently acquired EcoVillages. The community, based on the F.I.R.S.T. philosophy (Freedom, Independence, Resiliency, Self-Sustainability, and Transparency), received reservations for nearly 80% of total homesites after a webinar launch.
Veritas Village - Coronado offers a luxurious, off-grid lifestyle near beautiful beaches, featuring:
- Solar-powered homes
- On-site water source
- Food forest and sustainable agriculture
- Community amenities including clinic, school, and recreational facilities
Autris plans to expand the Veritas Villages concept in Panama and other countries, catering to those seeking freedom from government and corporate dependence.
Autris (OTC Pink: AUTR) has announced the strategic acquisitions of EcoVillage Design, S.A. and Veritas Village Holdings Panama, S.A., establishing itself as a leader in F.I.R.S.T. Certified intentional residential community development across Latin America. These acquisitions align with Autris's mission to promote freedom, independence, resilience, self-sustainability, and transparency in community living. Veritas Village - Coronado is highlighted as a flagship project in Panama, attracting significant interest and rapid home site purchases. Financially, Autris reported positive EBITA of $163,346 and net earnings of $159,029 for the quarter ending March 31, 2024, with total assets increasing by 86.5% to $8,981,193. The company's net equity rose to $3,996,535, and working capital improved to $741,346.
Autris announced a proposed reverse stock split of its common shares. The Board of Directors and majority shareholder approved an exchange ratio between 1 for 25 to 1 for 80, reducing the number of outstanding shares from 131.25 million to between 5.25 million and 1.64 million. The reverse split will be uniform across all shareholders, with fractional shares rounded down. The Board retains the authority to finalize or abandon the split and must obtain FINRA approval. There's no guarantee the split will increase share price or achieve intended effects.
