AURA Systems Inc.: Waiting for Presidential Approval!

AURA Systems Inc. Aura Systems Inc. (“Aura”) is a technology company headquartered in El Segundo, California specializing in axial flux induction machines applications for Mobile Power Generation and Electric Motors. The Company is listed on the OTC bulletin Board under the symbol AUSI. The Company designs, assembles and sells the AuraGen/VIPER (VIPER is the name used by the US Military), their patented, integrated, mobile power generator and power management system that installs in a motor vehicle and delivers on-location, both AC and DC electricity for any end user including industrial, commercial, recreational and military applications. It is now accepted knowledge that an axial flux machine can generate substantially more energy density than radial designs (2.5-4 times more energy density). This advantage in energy density, allows for packaging that is smaller, lighter and in large volume significantly cheaper than comparable conventional machines. Compared to the traditional solutions addressing the multi-billion on-site power market, the AuraGen/VIPER uniquely and conveniently provides electricity with more reliability, more efficiently, more flexibility, and more environmentally friendly at a competitive cost. The AuraGen/VIPER development is the result of 10 years of R &D. AURA Systems Inc, (OTCBB) Major Deal Has Been Approved, Waiting for Presidential Approval XplosiveStocks.com has learned that on December 28, 2009 AURA Systems Inc., will be releasing major news. All we know and can report so far is that the House of Congress and the Senate have both given their approval and AURA Systems, Inc. is simply waiting for President Barrack Obama to sign. AUSI News Aura Systems, Inc. (OTCBB:AUSI) today announced that its Chairman and CEO Mr. Melvin Gagerman has released a letter to stockholders, which is available on the company's website. The letter is also available as an 8-K filing with the SEC by the Company. AURA Systems Inc. Mission Statement There are four components to our corporate mission Provide a returns to our investors and shareholders Help our nation’s military meet their mission Improve life on our planet through the reduction in harmful emissions and the use of fossil fuels Provide a pleasant and rewarding atmosphere to our staff. Our mission by the nature of being a for-profit corporation is to provide returns to our investors and shareholders. The approach we adopted to fulfill this mission, was to use our technological background and knowhow to develop a new approach to mobile electric power and induction machines in general. We spend over 10 years developing and commercializing an axial flux induction machine with unmatched performance per unit volume. This machine is known today as the AuraGen for commercial applications and VIPER for military usage. The performance and characteristics of the AuraGen are such that we can provide users with a very compelling business proposition based on performance, reliability and cost. This of course is what we believe to be, the basis for a growing successful business. - source: AURA Systems Inc.