Auri, Inc acquired Phoenix Fulfillment Group LLC from Scott N. Weinert.
August 12, 2014 at 12:00 am
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Auri, Inc (OTCPK:AURI) acquired Phoenix Fulfillment Group LLC from Scott N. Weinert in stock and other considerations on August 12, 2014. As part of the acquisition, AURI will control 100% of the shares of the associated Hong Kong company, Phoenix Fulfillment Group Limited. Pursuant to the transaction, Phoenix Fulfillment Group will operate as a wholly-owned subsidiary of Auri. Phoenix Fulfillment Group generated a revenue of $20 million in 2013. Scott N. Weinert will be appointed as President of AURI Inc. and Phoenix Fulfillment Group will continue to operate from its existing offices in Dallas at 1717 McKinney Avenue.
Auri, Inc (OTCPK:AURI) completed the acquisition of Phoenix Fulfillment Group LLC from Scott N. Weinert on August 12, 2014.
Auri, Inc. is a holding company. The Company owns Evap Inc., and is affiliated with Black Dragon Inc., (BDGR) and Legacy Art Group LLC. The Company is involved in various multi-faceted development deals, including oil and gas, art and entertainment sponsored product sales. It has launched its own tokens and crypto. It has also licensed its art inventory at nft/blackdracos.com. Its subsidiary, Evap Inc., has the technology to assist with one of the major 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. Its product line, Knockout features the Knockout Pain, CBD cream, gummies, followed by Knockout punch and a full line of non-alcohol drinks, with CBD, Delta-9, THC, and lionsmane smart shrooms. It also markets art and other decor products to retail customers throughout North America.