Auri Inc (OTCMKTS:AURI) is trading with a mild fall in the opening session on Thursday. The stock has gained almost 15% over the past month.
Market Action
At 11, AURI stock soared by 29% at $0.0062 on hefty volume. The stock has traded 28.75 million shares compared to its average volume of 14.18 million shares. The stock opened at $0.0049 and moved in a range of $0.0049 – 0.0063.
Major Trigger:
Auri Inc. announces Shareholder Update
Key Highlights:
- The company filed its recent Disclosures with OTC Markets. OTC Markets upgraded the company to a “Current Status Filer”.
- The management assembled a group of consultants and services providers, including a PCAOB auditing firm, to file and become a “fully reporting filer”.
- “This initiative to upgrade to the next level, OTCBB and/or OTCQX, moves the company and its business focus closer to achieve its ultimate trading goal, move the trading to NASDAQ. The company has been able to “check” all needed points to accomplish such a goal, including trading liquidity, and well above a $ .02 cent range in PPS. (i.e., well over $ .03 cents and with a top trading day at over $25 Million Dollars in day’s trading).” Explained Edward Vakser, Chairman.
- The company signed a strategic deal with several service providers to upgrade all its marketing and social media platforms for the purpose to establish a universal public awareness. The new software upgrade project also includes new Au coins and tokens to establish the company’s own cryptocurrency and NFT trades.
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