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Not true, There is no SEC regulations that pertains to that , they do not apply for accounting and financials to the OTC. But I guess with HIRU you can make up whatever you want and you are making Miro very happy since he owns 40% of the company.
Disclaimer: All items posted here are just my opinion and for the sake of discussion
This is not true, Stop creating false narratives for HIRU, Here are the facts pertaining to the last statement: First lets talk OTC Stocks . After that we will discuss Sarbanes Oxley Act
How Companies Are Quoted (Listed) on the OTCBB
The securities that are listed on the board are not ones that are traded on the Nasdaq or any other securities exchange; therefore, a company is not "listed" on the board, just quoted.
Although companies must adhere to certain listing standards to maintain their listing on the major exchanges, companies issuing OTC securities do not have to meet these standards. The only stipulation the OTCBB has identified is that any company that has an OTC security quoted on the board must not be delinquent in its filings to the Securities and Exchange Commission.
Sarbanes-Oxley Act of 2002
The Sarbanes Oxley Act States:Section 301
Question 2: Will the rules relating to Section 301 apply to issuers whose securities are traded on the over-the-counter bulletin board market?
Answer: No. Securities traded on the over-the-counter bulletin board market currently are not considered listed securities.
Yesterday after replying to the HIRU chart crash I said “Put your charts away and get out a coin and flip heads or tails, heads it will go up tomorrow , tails it goes down. I PICK HEADS to .0037”
Looks like flipping a coin came closer than the chart fiasco of Wednesday.
HIRU is just not ready for charts in the OTC. I’ll look to the charts when this is on a real board.
HIRU, Contracts can be canceled at any time, read up on it and learn. as far as flipping goes it pays. but that does not mean flippers don't have a strong position in a stock. This was just another one of Miros shells back in the day of BLUE, FTDS, TGRR and many bought this cheap. Don't you love people that brag about how much they own and how green their position is when it comes to OTC stocks. HIRU as I have stated many times in the past is not a bad company but has always been run just like other MIRO stocks in my opinion. Maximize the paydays anyway you can and don't worry about the investors as there are many more waiting in line. Can this become a successful company, I think so but only time will tell. Can I guarantee it, no i cannot and neither can anyone no matter how green they think they are. LOL
NOT TRUE! HIRU is guaranteed nothing and you can not prove otherwise. Take a moment and learn how business works and what contracts mean in reality. WTER can cancel this anytime they want and they will find a way out. I am not saying they will but you can not say they won't .
And people come here and ask serious questions about HIRU and that is what they get. bag holders who have all their money tied into a hope and a dream promoting a stock that has done nothing so far and is still in the OTC. People need to realize that the OTC is full of wannabe millionaires in their dreams.
Good article to read on how many lose in the OTC
https://nssc.novascotia.ca/before-you-invest/what-are-risks-when-trading-over-counter-otc-markets#:~:text=Securities%20purchased%20on%20OTC%20markets,make%20them%20difficult%20to%20sell.
HIRU will one day be a very good stock as long as Kathryn holds onto her existing customers. She needs more large accounts in case she gets dumped for a cheaper company.
The wild predictions we hear on this board pertaining to what HIRU is about to do or how much it is really worth, keeps us all entertained.
This is all in good fun concerning HIRU but we can't help ourselves.
This famous post from yesterday: "Watch when this trades .0039 tomorrow, price will spike higher, so by the time your associates ask why the stock price is so low you can say it was, when it was under .0039....it's going to at least 0126 imo, could even do 2 cents."
Only 3 things could of gone wrong here and they are
1. Your chart was upside down
2. you posted on the wrong stock board and this was for someone else
3. YOUR CHARTS DONT APPLY TO OTC STOCKS.
SO what went wrong? This is what makes this board so ridiculous when it comes to HIRU and its value. Predictions from Pumpers or bashers are both the same, as useless as the paper they are written on. HIRU will move based on hype or real PR's and Kathryn has stated she does not want to spend the money on PR Department at this time. So the hype will keep driving this but it never seems to last and then the flippers step in and drive it up and down some more. HIRU right now is just somebodies toy yo-yo. Put your charts away and get out a coin and flip heads or tails, heads it will go up tomorrow , tails it goes down. I PICK HEADS to .0037
You are so right. Everything he post is not related to HIRU and it is all made up non sense. Unfortunately this is one of the reasons HIRU is not taken seriously on this board when observed by outsiders. These post plus the ones that keep repeating the same thing over and over do more damage than good. But on the OTC that seems to be the level of intelligence for HIRU
I might be able to offer some insight. In my opinion For many of us whom have followed Miros shells they usually do not amount to much but are great stocks to flip and for the past year and a half that has held true here. Plus the company has grown and the concept is great so long term it is in play. Unfortunately Kathryn has been learning on the job and has been at times her own worst enemy. Bad Twitter promotion accompanied by a few broken promises of certain contracts and certifications and her affiliation with 2 other Miro companies has not earned her very much praise or the stock the support it deserves. So in spite of the great sales numbers people kept flipping and dumping. Hiru seems to be getting by all this and Kathryn seems to now understand you can’t have all the noise around you and build trust in your company. There is no reason this should not be a .05 stock this year when compared to some of the otc garbage we see everyday.
Long term big money investors should start noticing the steps and progress she has made.
This was the only sensible statement made all day here. Thank you
You did not say when. Next week, month, year , decade........LOL
Well HIRU did not even come close to this today. And the shares exchanged, well back to HIRU normal.
"HIRU will go up from here to 0.004 today. The buyers bought at 0.002 they sold at 0.003 for profit yesterday. Mark my words"
LG is turning out to be the Expert OTC CEO, wonder who he took lessons from. The contract he lost was replaced by the Transport company he bought. Guess who owns the transport company? You guessed it, none other than Laurence himself. It took a while to find it but it is in the Q1 financials. Wow, might be a great security company but i would not trust him to protect my dogs poop. Guess I just now ride this out and see how it goes. Put it away for 3 years.
No kidding, That is what I said 3 weeks ago at the .0020 prices. If she would do $600,000 in 2 shots she would of accomplished it in 2 quick moves. THAT WOULD OF BENEFITTED THE SHAREHOLDERS! Get a grip people this is another of her MIRO school of pumping she is following. If the price goes up that will tell right away if she is increasing the amount of money to keep up with her so called plan to reduce to 1.5 billion. But she probably hopes with the next pump we all forget about this one. can anyone say WALMART?
Like HIRU's screwed up financials last QTR this press release is just as bad. It says nothing about increasing the amount to cover but yet a shareholder has to mention it in speculation. Kathryn should not be writing her own press releases maybe shareholders should. LOL
I Probably will never understand the way Kathryn Thinks and the statements she makes. She wants to do a Buyback at $25,000 per month for 2 years to lower the shares to 1.5 billion. Great news right?
What happens as the share price goes up as it has since she announced?
Does she raise the $25,000 a month to cover?
Does she extend the time from 2 years?
Does she raise the OS to 1.6 Billion?
When she talks people defiantly do not listen. She is and always has been too cryptic. This is why she needs a broad of directors, to keep her from making a fool of herself with post like these that are impossible to accomplish. Maybe this is why this stock can not gain traction and move up. Outside of the desperate longs real investors have no faith in her.
HIRU LONGS RULES FOR FLIPPING. LOL
then in reality you also flip HIRU.
Thank You
Thanks for the help on the flip.
HIRU is an enigma, great for flipping and for holding. But i do find it strange that some here said let the flippers chase on the way up when it was at .0024 and thats exactly what is happening now with some of the longs. They are buying in the high 20 and low 30. So i guess they are chasers also. LOL
How else can you get your blood pressure up? I think Im staying and buying in for another 4000 shares. Something just sounds good here , maybe its the honesty of what he says and the meticulous reporting.
With Hiru if you have been here long enough you keep hearing the same thing over and over. It’s going to explode and leave flippers chasing or the chasers will get locked out on the run. Don’t believe it, has not happened yet. Can pick up 10 million shares here anytime you want, the float is enormous. As far as chasing as long as Kathryn keeps hanging with her mentor the price keeps coming back down to purchase price. Obviously many here have never been involved with a Miro shell purchase before
Hiru longs have a lot to be concerned about. First qtr was pumped by so many and Hiru flopped from 10 mill expected to …..well the numbers just too low to report . Flipping has been the only source of moneymakers here. Plus with the constant flipping by Kathryn’s friends it keeps the price down for future purchases before the run. It’s called a win win
Are you sure? Miro seems to be here with convertible stock . If this is what he owns this is how I’m seeing it. But I will be corrected if I’m wrong.
Understanding Convertible Preferred Stock
Corporations use convertible preferred stock to raise capital. These securities are especially useful for early-stage companies as a financing medium that can offer greater flexibility to investors, making it a potentially more attractive financing option.
Once the common share trades above the conversion price, it may be worthwhile for the preferred shareholders to convert their preferred stock to common shares.
After preferred shareholders convert their shares, they give up their rights as a preferred shareholder (no fixed dividend or higher claim on assets) and become a common shareholder (ability to vote and participate in share price appreciation LLC
Right after you sell your shares. not a 2 cent stock it is a .0024 stock
OK, this means HIRU must do $12 million per QTR for the next 3. Don't think she can go from $4 1/2 mill to $12 mill. that is a very large jump in sales , production, inventory and logistics. its going to be very interesting 2nd QTR. Personally I think the true investors are standing in line to buy this company as Kathryn does not have the help or decision making team in place to do those types of numbers.
Kathryn's sales projections for this first qtr are way off, Paint it as you want but you Can not reinvest what you did not earn. Sales tanked , bottom line. All the talk on this board for the last 6 months was how great the first qtr numbers would be. $10 million was the assumed target with all the expansion and sales she supposedly had. It sits at less than half of the projected. What reinvesting in the company did she do in the 4th qtr?
From the March 3 2023 news PR
Ms. Kathryn Gavin (President and CEO of the Company), states…"Our business and client base has been growing exponentially in the 18 months of revenue generating operation. Each quarter has been better than the previous and we continue to hit all our projected top line revenue projections along the way. While top line revenue is very important, the real question is how we are operating our core business. If you look at our FYE 2022 numbers, our profit margin is a healthy 32.5%. In the end, that is the most important number for any business. We expect that moving forward during calendar year 2023, we will continue the trend of each quarter being better than the last and pulling a profit margin very close to what we attained this past fiscal year. We will move forward by continuing to expand our operational footprint and bringing on new co-packing clients like we have had in the past 18 months. But more importantly, our main goal is continuing to meet the expectations of our growing client base and our shareholders. The Company fully expects that we will be able to hit our projected top line revenue mark of between $30,000,000 USD and $40,000,00 USD by the end of FYE 2023."
Plus Hiru net profit tanked
1sr qtr Hiru Did $1 million less in sales than the 4th qtr of 2022 and her operating expenses were $100,000 higher. Something went wrong.
Nice numbers but a long way from $10 million. What went wrong ?
Thought Miro and family was gone?
With HIRU so many things just seem to disappear. Notes for $4 million, SQF certification, Walmart Contracts, Machinery and the list goes on. DO you think SMART money would invest in this company based just on her word and a few post by certain ones giving the all clear, I don't think so. SO here it sits treading water in their own deceit.
I love how the Numbers get played with by some on the board. Her first annual report dated 3/2 shows a $4.8 million note total liabilities $7.7 million, then in a festivus miracle on the corrected dated 3/9 it is $1.7. with no note anymore. ( She must of paid it off in those 7 days, LOL). reality check for you newbies on the board, this is how HIRU is run with misdirection, misinformation and unaudited financials so Kathryn can say and do whatever she wants. Time to awaken from the HIRU dream state and realize nothing here is confirmed or real. Does she have contracts ? yes she does. Do we know the value? no we don't. Just like you can't trust her reports for reality.
Not true she has $8 million listed as loans on her financials
HIRU does not know how to respond to the water and plastic problem in California. More to follow
Hiru pumpers are just making this stuff up as they go along. Does not relate to what is going on with the company or the stale stock price. Twitter videos or post are not helping either. Only Kathryn can fix this mess instead she try’s to pump it again with her joke of a share buyback PR
HIRU , can not even put 2 days in a row together. The only ones making money here are the MM's, Flippers and friends of Kathryn. No more dilution because there is nothing left to dilute. But Kathryn helped pump it up with her latest tweet about a buyback, which when it is broken down it is a joke. A 2 year buy back plan at todays prices she admitted her stock won't go up in value by saying they would buy back 450 million shares. What a nothing promise that is. either she does not even think her stock will go up from this level in 2 years or she is just flat out making this stuff ups as she goes along. Dumbest tweet I have ever read. But In my opinion MIRO loved it. BY the way someone flipped for a nice 10% profit for 1 day trading.
Well I called that one on Thursday when I said HIRU would start to pump before the release of financials and then we will see the dump the day after. And Here Kathryn starts by saying they are committed to buying back $25,000 worth of shares a month. That alone tells me she is not being truthful with all the sheep who fell in line and praised her for this. Think it through, what she has just said is she does not care if the share price goes up for 2 years. She mentioned the total numbers of shares to be bought back based on todays prices. I am laughing too hard at this woman and her teacher. Why not just do it all in 2 buy backs, now and in lets say 60 days. Now that would be a true commitment to shareholders. 2 years people, are you glad to see she wants to keep the price the same for 2 years. She first says they are making 40% profit on 13 million, then says she expects to do 10 million in the first qtr. ( at 40% thats 4 million) Then promises she will spend a measly $25000 to buy back at the price of $2,000.00 per million shares or 12 1/2 million shares a month for 2 years. Too Funny. but seriously this is a great coming 10 days of flipping. And you all wonder why this stock price can gain no traction, SHE DOES NOT WANT IT TO!
Please name the Analyst who have even mentioned HIRU and do it without laughing. Kathryn is getting very good at dodging questions and not telling the truth
OLD HIRU NEWS, But then again old lies explain new lies
What he said was , He has no clue what he is talking about since HIRU does not give any real clues as to what they are doing. No Audited financials = they can do what ever they want. No board of directors means Kathryn answers to no one except MIRO
Likely not. Nor will the SP reflect any improvement.