Aura Systems, Inc. (OTCMKTS:AUSI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
(b) On March 30, 2017, Warren Breslow resigned as a director of
the Registrant.
SECTION 8 OTHER EVENTS
Item 8.01 Other Events.
The Registrant currently is delinquent in filing its Annual
Reports on Form 10-K and Quarterly Reports on Form 10-Q, and
consequently neither the narrative nor the financial information
contained in the most recent such reports should be relied upon
as presenting a materially accurate description of the current
business or financial condition of the Registrant. The Registrant
will seek to become current in its filings with the Securities
and Exchange Commission as soon as reasonably practicable.
About Aura Systems, Inc. (OTCMKTS:AUSI)
Aura Systems, Inc. (Aura) designs, assembles, tests and sells its Axial Flux induction machine (AF) known as the AuraGen for industrial and commercial applications and VIPER for military applications. The Company’s system when applied as a generator uses the engine of a vehicle or any other prime mover to create mechanical energy and the AuraGen converts the mechanical energy to electric power. Its control system is used to deliver such power to the user. When used as an electric motor, its system delivers mechanical power to drive mechanical devices. The Company focuses on mobile power applications and thus the Company requires interface kits to prime movers. In addition the Company has interface kits for numerous model of military HMMWV, as well as other military vehicles. The Company is also working with a number of customers on integrating its AuraGen/VIPER power solution with stand alone engines knows as Auxiliary-Power-Unit (APU) to be used in emergency rescue. Aura Systems, Inc. (OTCMKTS:AUSI) Recent Trading Information
Aura Systems, Inc. (OTCMKTS:AUSI) closed its last trading session 00.000 at 0.175 with 3,601 shares trading hands.
