Welcome to our dedicated page for Hiru news (Ticker: HIRU), a resource for investors and traders seeking the latest updates and insights on Hiru stock.
Ameerex Corporation (OTC: HIRU) reports natural-resource development and strategic investment activity across critical minerals, precious metals and energy assets. Company updates commonly address acquisition agreements, memoranda of understanding, accepted bids and partnership structures tied to mining projects, lithium brine resources, rare earth mineralization and producing oil and gas opportunities.
HIRU news also describes project-level resource reports and technical frameworks, including NI 43-101 and JORC references, as well as the company's owned Balfour Nickel-Copper-Cobalt Project in Western Australia. Recurring themes include portfolio expansion in North America, Australia and South America, financing structures and asset selection based on clean title, production potential and resource-development scope.
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.
Hiru Corp. (OTC PINK: HIRU) announced the removal of the Caveat Emptor warning from its ticker by OTC Markets, marking a significant milestone. This change follows the company’s publication of financial statements for the fiscal years ending December 31, 2019, and December 31, 2020, as well as Q1 2021 reports. The CEO, Kathryn Gavin, emphasized transparency and commitment to growth, stating the removal signals HIRU's readiness for business. The company aims to strengthen its revenue base following this development.
Summary not available.
Hiru Corporation (HIRU) has successfully filed necessary documents and paid fees to become current with the Secretary of State of Georgia. The company is in the process of applying with OTC Markets and has filed a Form 8-K Current Report with the SEC. HIRU anticipates obtaining filing codes from OTC Markets by the end of April 2021, enabling the company to download delinquent quarterly reports. Additionally, HIRU has established social media accounts for better information dissemination.