“The goal is to have a total package with revenues, products and cash-flow properties that would add to a significant value to the holding company. The overall combined market cap and revenues have checked a few boxes to qualify for up-listing to NSDAQ. The acquired companies will continue to trade independently, and the management agreed not to implement any reverse stock splits. The goal is to maintain shareholders value by building a greater “combined” market cap., revenues, and sales value as a combined report to the holding company; AURI INC!”
Edward Vakser/Chairman/CEO
“Our team has arranged for all our companies in our current portfolio to be acquired by Auri Inc. This is a very “friendly” transaction, mostly due to the fact that the largest investor and shareholder has financed the deals, and as the largest investor/shareholder I am ensuring the fact that Auri Inc., will not incur additional financial burdens, and will not use its Reg A share to secure the deal. We will use a block that will be a “placeholder”, once my bank arrangement kicks in, and our processors will begin collecting the online and revenues from the affiliates. Currently, the manufacturer is sitting on several million dollars’ worth of Hemp and MJ inventories, as well as several million dollars’ worth of pre-manufactured gummies, that Auri Inc., intends to use for our current product line and our signature and endorsed branded new products. Hemp and MJ new supplier will be our own company that we are now officially acquiring and “rolling up”, into Auri Inc. The company is Sutimco International Inc., (SUTI) and although at these PPS prices, the company will only add a modest several million to our growing market cap, the vertically integrated supply of MJ products and companies will add to our operations and supply chain.”
Mr. Vakser, CEO
“Recently, our team returned from the “Food +Beverage Cannabis Expo” in Las Vegas. Josh was able to sign several distribution deals for our brands. We are expecting revenues in excess of $100,000 per month, with a very optimistic growth potential, as well as we signed several other distribution deals for both our brand and other brands that contain our CBD and Delta 9 THC components. Our recent distribution roll-out was launched here in Texas several weeks ago, for our exclusive brands for the Texas area. The rest of the states will be handled by several other distributors, with East, Central and West territories. The company will also produce “private label products” for clients that may want their own brand.”
Mr. Vakser, CEO
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