Auri, Inc., (AURI) Announces Agreement to Acquire and Distribute Exclusive Sky Jones Artwork
July 01 2014 - 11:50AM
Marketwired
Auri, Inc., (AURI) Announces Agreement to Acquire and Distribute
Exclusive Sky Jones Artwork
DALLAS, TX--(Marketwired - Jul 1, 2014) - Auri, Inc. (OTC Pink:
AURI) (PINKSHEETS: AURI) (the "Company"), announces the Company has
agreed to purchase a sizable collection of Sky Jones original
artwork from Global Universal Inc. Global is the holder of the
largest collection of Sky Jones original art which includes the
artist's rights for reproduction. This is a very unique
opportunity. Global Universal Inc. has agreed to grant AURI the
option of purchasing the original art and exclusive rights to
create open end and limited edition reproductions of the original
artwork. AURI has unique capabilities to manufacture and distribute
selected Sky Jones art pieces making this famous artist's work
accessible to world markets.
Sky Jones has been considered both obscure and controversial. He
has been considered a national treasure, sometimes being called
"the 'Picasso' of American artists." He was a prolific artist in
his lifetime. During the time in his Dallas/Fort Worth studio he
produced thousands of paintings. Sky Jones art has had a
significant influence on Hollywood, Wall Street, and the American
Culture. His works are part of museum collections and grace the
walls of corporations, city halls, and private art collectors.
"We are very pleased to have this opportunity to acquire such a
large collection of Sky Jones original art. This collection will be
one of several acquisitions that will confirm our commitment to own
important art, to manage the collections, and create affordable art
reproductions that are representative of the quality and vision of
the artist and of AURI. We look forward to bringing both the
originals and reproductions to the market place," commented Todd
Moore, Chairman of AURI.
The Company has arranged meetings in New York, Florida and LA,
with several major hedge funds and their representatives. The Sky
Jones collection is attracting a significant interest in the
investment community for its previous value and fund raising track
record. In the past, several funding groups have loaned
$100,000,000.00 (100 Million), and $120,000,000.00 (120 million)
for the collection on several different occasions. Recently, due to
the fact that the artist "Sky Jones" died, the speculation and
anticipation is that the value of the collection is significantly
greater than the previous appraisals of over $250,000,000.00. The
company intends to raise the funds by leveraging the art in order
to fund the company's business plan, operations and several future
acquisition that are already in the negotiation stages. The
management feels that by leveraging the art rather than a
traditional equity investment, the company can create a great
shareholder value without dilution or pressure on the price per
share.
About AURI INC:
AURI Inc...."We're 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. 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 was
developed and based around a plan of acquiring and developing "High
End Art and Reproductions". 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 companies in the world.
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.
CONTACT: AURI INC: Auri.Arts@gmail.com 844-287-4278 (844)
AURI-ART
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