$HIRU is up 100% today. Here is a little DD on thi
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Posted On: 05/17/2017 2:55:23 PM
$HIRU is up 100% today. Here is a little DD on this ticker. Just curious what you all think of them?
They are pink limited and currently have the caveat emptor sign. They are working on getting current and just today filed a quarterly report.
The most recent press release was on May 3rd. It was a letter to the shareholders from the CEO informing them "that we are still here, and as of right now we still plan to move forward".
https://www.otcmarkets.com/stock/HIRU/news/HI...07&b=y
In the quarterly report, the one thing that kind of jumped out at me was the mention of them increasing the authorized shares in January of this year to 5,000,000,000. They did this "in order to allocate shares for any possible mergers or acquisitions". Could a merger or acquisition be their reasoning for trying to get current?
https://www.otcmarkets.com/otciq/ajax/showFin...?id=172273
Business Description
Hiru Corporation Leverages global emerging markets to build infrastructure and supply lines for local growing industries. The company continues to service its consulting clients while preparing to launch its new infrastructure under new management. Much more information about HIRU Corporation will be made available very shortly both through media as well as the company's new dynamic website scheduled to be launch very shortly.
Share Structure
Authorized Shares
5,000,000,000
a/o Mar 30, 2017
Outstanding Shares
1,748,182,295
a/o Mar 30, 2017
Float
1,208,798,797
a/o Mar 30, 2017
They are pink limited and currently have the caveat emptor sign. They are working on getting current and just today filed a quarterly report.
The most recent press release was on May 3rd. It was a letter to the shareholders from the CEO informing them "that we are still here, and as of right now we still plan to move forward".
https://www.otcmarkets.com/stock/HIRU/news/HI...07&b=y
In the quarterly report, the one thing that kind of jumped out at me was the mention of them increasing the authorized shares in January of this year to 5,000,000,000. They did this "in order to allocate shares for any possible mergers or acquisitions". Could a merger or acquisition be their reasoning for trying to get current?
https://www.otcmarkets.com/otciq/ajax/showFin...?id=172273
Business Description
Hiru Corporation Leverages global emerging markets to build infrastructure and supply lines for local growing industries. The company continues to service its consulting clients while preparing to launch its new infrastructure under new management. Much more information about HIRU Corporation will be made available very shortly both through media as well as the company's new dynamic website scheduled to be launch very shortly.
Share Structure
Authorized Shares
5,000,000,000
a/o Mar 30, 2017
Outstanding Shares
1,748,182,295
a/o Mar 30, 2017
Float
1,208,798,797
a/o Mar 30, 2017
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