Auri Inc. Spins Off Several Wholly Owned Subsidiaries
DALLAS, TX, April 16, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auri Inc. (OTCPK: AURI) (the Company) is a holding company with several wholly owned subsidiaries and companies in its portfolio. Today, the company is pleased to announce the modification to its business plan. The company and its consultants entered into several negotiations focused on spinning off several wholly owned subsidiaries.
“The incredible response that our Knockout Line is receiving, prompted the management to fine-tune its focus towards the best opportunity for revenues and growth. Our products, at www.thechamp.io, present an opportunity for tremendous revenues and market share. While our more traditional products, such as Evap Inc., and oil and gas interests can benefit other companies. Allowing Auri Inc. to focus its resources on The Knockout line,” stated Edward Vakser, CEO.
The company will continue to support and develop its Tokens, AU at www.auritoken.io, and is committed to use its profits from Knockout Line to expand Auri Tokens marketing and invest in expansion to larger platforms and exchanges. The company will continue to own its original art, which was acquired from Legacy Art Group LLC.
Recently, the company announced new developments:
The company introduced several new products in Knockout line “Knockout, The Pain”, featuring a new enabled portal for clients who may want to become re-sellers. Registration is available at www.knockoutshops.com,where anyone can establish a reseller relationship with the company by opening an account, and/or join.
“At Auri Inc., we believe that everyone has a champ “inside”, and we are winners. We have over 20 products under development. So, allowing others achieve financial benefits from The Champ “Knockout” line as a re-seller is an endorsement of good will and sharing value with others!” stated JJ Bake, The Champ marketing.
These new products included topical cream, a spray bottle, and a roll-on. These extremely powerful products are based on our powerful formula that features patented S.E.N.D.S. technology. “We are experiencing a very positive response to our product line, ‘Knockout’, featuring the champ Riddick Bowe, at www.thechamp.io. The product is getting traction due to its formula that features four (4) incredible ingredients combined to create a very powerful formula. The Knockout line features CBD, Delta 9, and Lion’s Mane Smart Shrooms combined with a patented S.E.N.D.S technology that enhances flavor, absorption, potency, and longer lasting experience,” explains Edward Vakser, chairman and product designer.
The Knockout products launch features the Knockout #Pain, #CBDcream, #Gummies, following by Knockout punch and full line of non-alcohol drinks, with #CBD, #Delta-9, #THC, and #lionsmane smart #shrooms’, that completes the full pain and sleep management products offerings while giving the consumers a long lasting and enjoyable experience.
Riddick Bowe management and marketing teams are linking all their social media and contacts to Auri Inc., portals and marketing teams, www.thechamp.io and wholesale processing www.knockoutshops.com. The overall following presents a very healthy audience with approximately 400,000 to a million followers and viewers.
Auri Inc. is extremely excited to have a distributor with over 3,000 accounts spread throughout North America. Serving customers for over 30 years and focused on delivering quality products to customers through over 25 states. The Company’s distribution sales connection at: https://knockoutshops.com/ is now open for business.
About Riddick Bowe
“THE CHAMP”, Riddick Bowe, world's greatest boxing champion with the undisputed 4 major boxing championship belts. The Champ, Riddick Bowe started his career with a Super Heavyweight medal win in 1988 Summer Olympics and finishing his stellar “Knockout” career with a total of 45 fights, 43 wins, AND an impressive 33 wins by KO (Knockout) with only 1 loss. The “Knockout” products launch features the Knockout #Pain, #CBDcream, #Gummies, followed by Knockout punch and a full line on non-alcohol drinks, with #CBD, #Delta-9, #THC and #lionsmane smart #shrooms’, that completes the full “pain and sleep management products offerings” while giving the consumers a long lasting and enjoyable experience.
Auri Inc. is as good as gold! The Company was formed by a group of investors whose talents and interests were based in production, content development, audio/visual presentations, intellectual properties development, and acquisitions, as well as oil and gas and real estate investments. Recently, the company used its intellectual properties and contacts to launch a celebrities endorsed full line of #CBD, #Delta-9, #THC gummies, drinks, and nutritional products under www.thechamp.io.
Auri Inc. has launched its own tokens https://aurinetwork.com/ and Crypto Currency www.Auritoken.io. Auri has also licensed its Art Inventory at nft/blackdracos.com. The management is based around seasoned corporate officers, directors and consultants who are experienced in management and mergers/acquisitions of multimillion-dollar companies. The company's plan and concept were developed and based around a plan of acquiring and developing High End Art and Reproductions, backed by AURI Gold Crypto Currency, focusing Auri Inc. to become a Publisher and Licensor as well as NFT developer. Then, retaining the duplication and reproduction rights, on an exclusive basis, in order to sell and distribute the products worldwide. The company and management believe that they can create, sustain, and grow one of the largest art publishing companies in the world. Auri Inc. also owns a wholly owned subsidiary: EVAP Inc. Evap Inc. has patent pending technology to assist with one of the biggest issues in the oil and gas industry, "PRODUCED WATER". The technology can take produced saltwater and turn it into a steam cleaner than most cities' tap water by removing most of the metals and suspended solids.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning.
Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
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