Aubryn Receives Multimillion Dollar Valuation.Business Editors UPLAND, Calif.--(BUSINESS WIRE)--June 20, 2001 Aubryn International Inc. (ARBN ARBN Australian Registered Body Number ARBN Asian Rice Biotechnology Network ARBN Australian Registered Business Number ARBN African Rice Blast Nursery ) today announced the valuation estimate on all 1700 acres of water rights for the Gorman Property springs located in Gorman California, was completed by American Finance Network, located in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . "Receiving a valuation of just over $28,000,000.00 (twenty eight million USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) by far exceeded the levels we originally anticipated," stated R.Bruce Harris Bruce Harris (born 1955 in Scotland, United Kingdom) is the disgraced former executive director of Casa Alianza, from 1989 to September 2004. He was dismissed from this post after admitting he had paid a young adult male, who had earlier been in the care of Casa Alianza, for sex. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Aubryn International Inc. The head of financial research for American Finance Network, Mr. Andrew M. Ania, conducted the valuation and a brief of the process is provided herewith here·with adv. 1. Along with this. 2. By this means; hereby. herewith Adverb Formal together with this: . This evaluation is based on information presented in the investigation report provided by GSI/Water dated May 23, 2001. Taking into consideration that the GSI/Water covers 6 of the 19 well, on the 1700 acres, and that the other wells are similar in size and water production. It should also be noted that the springs water has been quality tested by National Research Laboratory in December of 2000 and the results of this test show the water meets FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. guide lines to carry the FDA approval that will allow the water to be labeled Spring Water. The A.F.N.'s research verified approximately 393 water units existing producing 270 water units per year and that Urban retail water prices have complex pricing because of the large number of agencies and different pricing policies in use throughout the State. (A.F.N. report) A complete copy of the evaluation will be made available to shareholders by contacting our investor relations Investor relations The process by which the corporation communicates with its investors. department at our new toll free number 1-888-731-1192 or beginning next week can be viewed on our web-site. The Investor Relations number is now available to all shareholders and potential investors. The Company's new web-site will provide existing shareholders and potential investors with a more direct look at this Company's long range growth plans. FORWARD LOOKING STATEMENTS: This press release contains statements relating to future plans, events or performance that involve risks and uncertainties. The Issuer's expectations among other things are dependant upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, as well as other uncontrollable or unknown factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Aubryn undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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