Aura Systems, a technology development company specializing in mobile electric power generation solutions, has been approved to be listed on the OTC Bulletin Board effective today. The stock previously traded on the Pink Sheets and will continue to trade under the same symbol, AUSI.
Mr. Gagerman said, “As stated in a March 18 news release, we have started a program to rebuild the Company’s credibility with shareholders and the investment community. The first step was filing all the required reports with the SEC, which were completed in March 2008. Starting today our stock quotes including bid and ask will be available on the OTC bulletin Board. We will soon file the required information with the SEC to hold a meeting of stockholders. These are the necessary steps to return to normality after exiting from reorganization under chapter 11, on February 1, 2006.”
Mr. Gagerman added, “In addition we are constantly enhancing our product line. While the company had UL approval in 2003 for its AuraGen, it has recently passed all inspections and has been granted the right to use the UL logo on our product. We also recently completed certification at an independent government approved laboratory for our AC VIPER system under Mil-Std. 461E. This is the strictest military requirement and only very few power generation devices anywhere have met this standard usually due to emissions of electromagnetic radiation.”
The company is the developer and provider of the AuraGen/VIPER mobile electric power device which turns any full-sized vehicle into a versatile mobile power source.
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