Hiru Corp Stock Price, News & Analysis

Hiru Corporation (OTC PINK:HIRU) announced revenue projections for Q3 and Q4 of FY 2021, estimating over $250,000 for Q3 and $1,000,000 for Q4. With a new operational facility launching in Q3, the company expects increased production and reduced costs per unit. For FY 2022, projected revenue ranges from $10 million to $20 million, anticipating growth from existing and new clients. The CEO expressed optimism for future orders and revenue sources, emphasizing a commitment to maximizing shareholder value.

Hiru Corporation (OTC PINK: HIRU) has amended its articles of incorporation to reduce its authorized common stock from 2 billion shares to 1.75 billion shares. President and CEO Kathryn Gavin emphasized that this move aims to enhance shareholder value and make the company more appealing for future acquisitions. The company commits to not increasing its authorized stock for at least three years, reinforcing its anti-dilution strategy. Currently, Hiru operates AZ Custom Bottled Water, focusing on the bottled water market.

Hiru Corporation (OTC PINK:HIRU) has recently achieved significant milestones, including gaining 'Pink Current' status and removing the 'Caveat Emptor' designation. The company completed its initial acquisitions of AZ Custom Bottled Water and Salome Water and Ice, and reduced its authorized common stock by nearly 3 billion shares. The ongoing expansion of production facilities is ahead of schedule, and the company plans to launch its product line on Amazon.com. Future contracts are being finalized, promising growth beyond Arizona.

Hiru Corporation (OTC PINK:HIRU) announced ongoing federal contracts through its subsidiary, AZ Custom Bottled Water, which has provided services to Homeland Security since 2018. In 2021, AZ Water secured four federal contracts worth $1,115,457 for U.S. Border Patrol. The company aims to enhance water output and is pursuing additional federal and state contracts to bolster revenue, including a new contract with Arizona State Parks for water and ice delivery.

Hiru Corporation (OTC PINK:HIRU) has successfully acquired Salome Water and Ice, a provider of ice manufacturing and water purification services in Arizona, as of July 14, 2021. The acquisition involved an exchange of 25,000,000 restricted shares for all outstanding equity of Salome. The latter reported revenue of over $600,000 in the last fiscal year and is the only ice facility within a 75-mile radius. Hiru aims to expand in the high-growth consumer bottled water and ice market in the Southwest.

The company has also reduced its authorized shares to two billion and committed to not conducting a reverse stock split for three years.

Hiru Corporation (OTC PINK:HIRU) has announced plans to amend its articles of incorporation, reducing its authorized common stock from 4,995,000,000 shares to 2,000,000,000 shares. This move aims to restructure the company’s capitalization, making it more attractive for future acquisitions and minimizing shareholder dilution. CEO Kathryn Gavin emphasized that this change reflects the company’s commitment to maximizing shareholder value and maintaining a stable stock structure for at least three years, barring significant acquisitions.

Hiru Corporation (Ticker: HIRU) announces the construction of its third bottled water production facility in Phoenix, Arizona. This new 85,000 square foot facility will accommodate rising demand and support large purchase orders, increasing total operational space to 109,000 square feet. An automated bottling line capable of producing 60 to 80 bottles per minute will enhance production efficiency, enabling the company to offer flavored and alkaline water. The facility aims to drive record revenues in FYE 2021 and 2022, with anticipated monthly rent of $26,500.

Hiru Corporation (OTC PINK: HIRU) has successfully acquired AZ Custom Bottled Water, Inc., enhancing its operations in the consumer bottled water sector. The acquisition, finalized through an equity exchange of 100 million shares, allows HIRU to own a fully operational bottling facility in Phoenix, Arizona, which has been active since 2007. The company anticipates significant growth, with 2021 revenue forecasts suggesting record-setting performance. To support this growth, HIRU is planning to build a new 12,500 square foot facility.

Hiru Corp (HIRU) announced its designation as 'Pink Sheet Current' by OTC Markets after fulfilling all mandatory disclosure requirements. This marks the first time in over four years that HIRU has not been under a 'Caveat Emptor' notice. The company has filed annual disclosures for 2019, 2020, and Q1 2021, and is actively seeking to acquire cash-flow positive businesses in high-growth industries. HIRU has also implemented Level 2 real-time quotes for investor transparency. The management emphasizes their commitment to maximizing shareholder value as they pursue strategic acquisitions.