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I don’t see it that way. I see him pushing the evil boogeyman shorts need to be squeezed and then one day they’ll need to cover and it’s going to skyrocket so get in now.
Been thinking about we don’t know when the deal for the increased issued shares for equipment occurred. It could have been in august on the run to $0.008 on high volumes and be in new hands already or they may have been issued later into lower volumes and falling prices and still be in the hands of the financiers as an investment in Hiru just in free trading vs restricted. Nobody really knows but Miro tweeting rumors on a Hiru merger got me thinking that he’s holding shares and trying to pump Hiru to help himself. What motivation would he have to throw such a wild pitch about something he isn’t invested in?
On to my hunch which is maybe she placed stock with people who signed an NDA for a look at her situation and took a boatload of free trading stock down here knowing her current cash flow, net profits and ability to quickly expand the model with three more lines.
If she announced the dilution at this price level by accredited investors with 6 month or 1 year restrictions it would be perceived as bullish that somebody would layout financing. It’s the free trading at this level causing the concerns.
The “News” is “SQF certification Soon”. She’s telling you that it won’t be four months without telling you it won’t be four months.
Possibly SQF but ambiguous at best. Appropriate government agencies could be local building code enforcement installation permit approvals and local department of public health safety compliance. Very likely the market sees it your way and is punishing it because 4 months at best for Walmart is not what was touted in the infamous SQF in weeks not months snap-tweet.
Correct. I do not believe shorting is the reason this has lost 50% of its value in the past few weeks.
Pull up a six month chart and see the huge volume on the way up and realize it’s just given back gains on sellers taking profits, booking losses or possibly dilution being injected.
The breakdown began on 8/29 on low volume for two weeks until the high volume kicked in as no SQF and Walmart gets out then the increased outstanding for equipment panic takes over.
People don’t seem to understand and respect the affect 1.8 billion issued shares. Most with an extremely low cost basis has on a stock that trades between 4 million to 80 million shares on its best day. 80 million is only 4.4% of 1.8 billion but when it’s selling into a market with no buying interest which way do you think it’s going to trade?
If you bought 20 million shares at 4 and sold 10 million shares at 8 shares you got the investment $’s back and have 10 million shares with no cost basis. If the price goes south you can sell at 7 6 5 4 3 2 1 .005 .0001 and every sell is for a profit.
I can’t argue with you about something I didn’t say.
Don’t see your claim I said shorting doesn’t exist in my statement.
“Shorting and market makers doing xyz are the oldest boogeymen on the books to rationalize away negative price action because of profit taking, locking in gains, loss booking or dilution dumping in the otc.”
So GME is an otc? Or you didn’t read what I said
Again volume dried up like deez nutz after miro tweets.
Shorting and market makers doing xyz are the oldest boogeymen on the books to rationalize away negative price action because of profit taking, locking in gains, loss booking or dilution dumping in the otc.
I don’t believe anything Miro says. He has shares to sell. She can change the share structure anytime she has 2,000,000,000 preferred voting shares. Nobody’s shorting Hiru.
Miro has a Hiru merger tweet out now.
The elephant in the room for me and maybe the market (setting aside the newly issued pile of shares) is the SQF debacle and failure to address it this week as she stated last week.
She touted SQF September (weeks not months) and that Walmart purchase orders would follow immediately.
Let’s face it Walmart has been dangled here as a possible customer and the moonshot for over a year. I get that she’s banging out deals for equipment, leaving SPQS and getting their line but sweeping SQF, Walmart and WSO contingent orders has not gone unnoticed I believe. September was set up as a milestone moment and it was a bust. Yes she acknowledged missing as promised and volunteered an update this week that also didn’t happen.
I have two questions she may or may not want to answer.
1) I mentioned long ago “How many lines need to be in place to obtain SQF to run water for Walmart? Just the lines that are in place now and capable of running for Walmart or all five lines and a completely fitted out facility?”
2) “When does she expect Hiru to be SQF certified and capable of running water for Walmart and WSO?”
Short interest and all share info on one page at otc markets.
https://www.otcmarkets.com/stock/HIRU/security
Thanks that’s more like it.
Wonder when the float updates? Technically no dilution into the float yet. Float 1,208,798,797 09/19/2022 (Monday. All the other numbers were updated 09/22/2022 (Thursday).
Anyone call Empire Stock Transfer to ask what’s the float?
Be funny if all the trading has been existing float dumpers and no new shares (or not many) have been sold into the panic dump.
Nobody ever posts I sold at $0.0032 yesterday 25% lower than it closed today.
Looks like miro merger rumor killed the volume tbh. Easy to find out. Somebody ask Kate if it’s true. If she says anything other than no it’s not true then it’s true because she has a NDA and can’t comment. Even if it’s true it’s an LOI and we know how that worked out on the east coast or Europe. Just a pump for miro to dump.
I never stated a multiple. You did. I stated they would have $0.0083 in cash per share if they were paid $15 million.
$15 million is $0.0083 a share lol.
Is water food? Will her water be Target branded? “that produce Target-branded foods“
Fun fact there’s no proof of dilution until the public float number changes from the same 1.2 billion shares its always shown. The a/a o/s and DTC numbers have been updated but the float? Nope.
I heard the t/a is not gagged so who’s got the interest in calling Empire Stock Transfer and finding out the float and if it will be updated because of dilution or not?
A lot of people are going to get left behind when this catches a bid someday. Tik tok tik
79 million and no t-trades so by otc lore there was no dilution lol. You can’t have it both ways!
The consensus is that she said it was for installation and construction of the three lines she bought with the 200 million shares.
Guess not.
Pretty easy I already did. Try to keep up. If they did $1 million plus or minus in net earnings for the quarter and bought $1 million or more in equipment what do they use for operating cash for salaries rent lights trucks and use to buy bottles and boxes to fulfill orders? It’s called operating capital,,cash on hand. Biz 101. You’re welcome.
Guess you haven’t read their unaudited financials where they have said what their decent net earnings were. Try and keep up.
What about Wednesday’s scary t-trade update on a 79 million share day? I didn’t see you keeping us informed.
Let’s do a little 3rd q 2022 p/e multiple exercise.
Assuming $3 mil revenue with 40% net profit margin is $1.2 million for that quarter and $4.8 million forward four quarters (annually). Now divide $4.8 million by 1,786,836,344 shares outstanding for earnings per share of $0.0027. Now put a p/e multiple of your choice,,we’ll go with 10 x $0.0027 for a price per share of $0.027. Put a 5x’s p/e multiple and you get a $0.0135 pps and a 20x’s multiple for a $0.054 pps.
Any way you go about it this is minimum 300% undervalued when you do the objective p/e math. Of course this is the otc so logic and objective market analysis is irrelevant.
Thanks. I think everything is okay and we agree there should be a little follow through this week. Yes texts/dm’s, Twitter aren’t the best format for certain types of communication.
Only two questions I have are does she think these statements are addressed already or will she be speaking further on two tweets? I feel she hasn’t followed through yet and expect clarification. Did I miss something or wrong?
@Hirucorpnew Sep 20 Replying to @hardlesson1
and @zskramer
No some was to spqs and the balance to purchase equipment which a pr will be coming out to explain this week.
@Hirucorpnew SQF is taking longer than promised, we are working hard on it everyday, will update next week on expected time frame to be completed, WSO is just waiting on us to give the green light to start shipping to them and others. $HIRU 10:08 PM · Sep 15, 2022
Picasso timed the down tick for the win!
On the bright side whales can now own 90,000,000 shares before triggering 5% reporting requirements. Get to steppin’,,you know what to do.
Typically if the broker is accumulating the shares to fill an order it becomes an average paid when the fulfilled lot is delivered. I had to ask about the five digit trades once and that was the answer.
Sometimes it’s better to say nothing.
Yeah now we wait for execution. I’ve got a lot of questions but this cheese has enough holes in it already. The market has to decide if it wants it to go up or down and my bet is up eventually.
Funny the need for obfuscation “auction house with a retail value close to $1 million dollars”
Who cares, what did you pay for it at the auction lol.
What’s funny is the new o/s is only 50 million shares higher than it was 14 months ago when this was $0.02 and they had no little revenue and less equipment. Emotions over facts I guess.
Just a dumping cascade effect that feeds on itself to lock in gains and get out before the next guy does.
Totally wrong reaction to the Capex investment in physical plant to 100% outfit the facility imo. She already said she was shopping for 2 new lines so where’s the surprise? She said due to investor’s bitching she was buying out SPQS. Where’s the surprise? She did fail to communicate properly by missing September SQF without clarifying that new timeline first before dropping the bomb that it took shares to deliver what she already committed to doing. Where did people think the money would come from when despite the high net profits it’s still small money that needs to be kept as cash on hand for operating capital, ie: salary, rent, lights, vehicles, boxes and bottles for expanding orders.
She’s doing the right things for her 2 billion shares of series A preferred shares.
Hard to guess how it plays out after the initial panic selling to lock in gains dries up and she discloses some of the details about the stock transactions to raise capital for equipment she said would come this week. Then she appeared to say last week a timeline would come for SQF this week as well. You’d also hope whoever took stock would want to sell in the put range and maybe plans to hold some as an investment.
She affirmed previous revenue guidance and exceeding projections is likely. Who knows but it looks like she’s got her stuff together and just pulled the trigger on known to her future growth demand the only way possible at this time.
I still do a p/e multiple calculation that puts it in the pennies and not sub-pennies but the market doesn’t agree yet lol.
They have a “Let’s chat” button at the bottom of the website. Maybe you can ask your questions there.
https://www.quantummaterialscorp.com/