Aureus Inc (OTCMKTS: ARSN) is heating up and moving northbound fast skyrocketing up the charts and transforming into a volume leader as penny stock speculators jump on board and accumulate more.
ARSN has been busy in recent months cleaning up its balance sheet, restructure its debt as well as reducing its overall debt by nearly $500k. The Company continues to aggressively strengthen its balance sheet and recently up-listed to pink current. Speculators are all over ARSN as its Yuengling’s Ice Cream gains traction and is now selling at select Walmart supercenters.
Aureus Inc (OTCMKTS: ARSN)is a food brand development company focused on acquiring and growing well-established food brands. Aureus Management is focused on opportunity, and in the food sector, this is enormous. The Company evaluates acquisition potential, and then we evaluate the growth that can occur with new management insights. The result is an exciting dynamic. That’s because 24 hrs per day, across America and around the world, food enterprises are busy finding ways to satisfy cravings.
Aureus first acquisition was the operating assets of Yuengling’s Inc Cream Corp. Developed by American businessman, Frank D. Yuengling, as a dairy business to help support the Yuengling family brewery during the 1920s Prohibition period, Yuengling’s Ice Cream has a strong tradition of making exceptional gourmet ice cream products in central Pennsylvania. The fan-favorite brand continues advancing its legacy and its renowned dairy quality, by using locally sourced dairy ingredients that contain no added hormones. Yuengling’s Ice Cream is Currently Being Sold At: Acme Supermarkets in New Jersey, New York, Connecticut, Maryland, Delaware and Pennsylvania. More recently Yuengling’s Ice Cream started selling at select Walmart Supercenters in New Jersey, Maryland, Delaware and Pennsylvania.
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Yuengling’s Ice Cream recently announced its 100th Anniversary. While remembering its storied past, Aureus is very excited about Yuengling’s future. At the time Yuengling’s reported it is working on several toppings to complement its line of super-premium ice cream. One example is a rich chocolate fudge. Yuengling’s will continue to use only the finest ingredients and natural flavors in the creation of these wonderfully new product.
On July 28 ARSN announced it will no longer need it’s Regulation A as a source of funding for company operations. ARSN CEO Everett Dickson stated
“Bringing the financials current has enabled us to begin to complete the audits on some of the older periods. We begin posting these within the next few weeks, with an eye toward finishing by late Sept/early Oct. There have been several factors which have delayed us, we are excited to be clear of those and on track with this important step. In addition to the CARES act, it appears we are eligible for some other Stimulus programs. We are looking into those. This would give us an opportunity to further restructure the institutional debt. Since the completion of this acquisition, last August, we have reduced the overall debt by nearly $500k. Our goal for the next 12 months is to aggressively continue this balance sheet strengthening “
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Currently running up the charts ARSN is an exciting story developing in small caps; its Yuengling’s Ice Cream is making a huge comeback since its storied past and continues to advance its legacy and its renowned dairy quality, by using locally sourced dairy ingredients that contain no added hormones. Yuengling’s Ice Cream is started to get noticed and pop up at supermarkets around the country. More recently Yuengling’s Ice Cream started selling at select Walmart Supercenters in New Jersey, Maryland, Delaware and Pennsylvania. ARSN has been busy in recent months cleaning up its balance sheet, restructure its debt as well as reducing its overall debt by nearly $500k. The Company continues to aggressively strengthen its balance sheet and recently up-listed to pink current. We will be updating on ARSN when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ARSN.
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Disclosure: we hold no position in ARSN either long or short and we have not been compensated for this article.