They wasted no time adding another 581,596,817 shares to the O/S
Since the float is now 1,208,798,797 as of January 10, 2017 a good chunk (if not all) of the new shares were free trading. We know from the for sale advertisement that the ticker had "convertible debt" on the books which was well aged by now which easily explains the big bump to the float recently.
(thanks for the following Image Sam)
I wonder if the old owners of the debt got the new free trading stock or if the debt was transferred to the new owner after the sale of the shell and the new owner is now using the old convertible debt to create free trading stock to dump into the market.
Hiru Corporation is a Georgia Entity and we can learn some things by visiting the Georgia SOS
It looks to me that the MinnyMar Group finally found a buyer for the shell which has been for sale for some 2+ years now.
This month John Zimmerman was added as the new sole officer/director of the shell.
I agree with you that the buyer was most likely Ray Barton.
Ray Barton has bought other shells from Minnymar Group in the past like EEGI, MNZO, and CRTC
I know that Ray Barton used Adam Weiss as IR for EEGI and now HIRU is using Adam Weiss for IR services.
I know that Kaleem Sikandar is a favorite attorney of Ray Bartons. Kaleem Sikandar provided legal services for CRTC, MDIN, MNZO, GVSI, EEGI, and ANAS (all Ray Barton tickers) and now Kaleem Sikander is the attorney for HIRU.
If people can't learn from seeing what happened to CRTC, MDIN, MNZO, GVSI, ANAS, EEGI, and whatever other Ray Barton tickers are out there that I don't remember off the top of my head then let them learn the hard way with HIRU.
People wanting to trade HIRU will do well to watch the Georgia SOS site for an increase in the Authorized shares in the coming weeks. There is no doubt that will happen eventually.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.