Quote from: auric_communications on August 13, 2018, 09:37:41 AM

An important update for you all - unfortunately it looks like Auric is going to experience a large amount of high volume purchases from institutions at our scheduled ICO start date of September 1st. We say this as two more investment banks have contacted us this morning enquiring about volume limits and precise start times for the ICO.

Most companies running ICOs wouldn't care about it as all they want is to sell to their hard cap of cash and/or coins. However, we really don't want all the Aurics in the hands of the banks if we can avoid it. As an open and unrestricted sale we are somewhat limited in what we can do to combat this, but we have called an urgent meeting later today to try and brainstorm a solution to help small and medium investors.

We will issue an update later today or tomorrow - you can trust us to do all we can to avoid the scenario of an institutional grab of the entire Auric supply.

Kindest Regards

Auric Communications

I work in that industry and am not surprised. Sharks always sniff out such things. Glad you are not forgetting your smaller investors.