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I hope so. Not sure why the CEO hasn't made any sort of public announcement despite many efforts at getting him to say something about the Expert Market status of the ticker
Yet he posts about the business on Twitter and Instagram multiple times almost every day
Don't see BLAS on L2. He's been camped there @ .0001 and .01 since returning in May. Not sure what that means but will be interesting if he's gone for good
HIRU $$$
Fine with me either way, just so long as the dilution stops after the RS as Chan says it will
IGEN $$$
On May 16, 2023 pursuant to NRS 78.315, the Board determined that not later than ten (10) days after notifying FINRA (the “Effective Date”) of the actions taken by the Board, the Company shall affect a 10:1 reverse stock split of all of the issued and outstanding shares of the Corporation’s common stock. Pursuant to the reverse split, each ten (10) shares of common stock issued and outstanding as of the Effective Date shall from and after the Effective Date, represent one (1) share of common stock. No fractional shares shall be issued in connection with the reverse split and, in lieu thereof, the Corporation shall round up to the nearest whole share any fraction of a share that any stockholder would otherwise receive.
The Board and the majority of stockholders have determined that the increase in Authorized Shares of Common Stock is in the best interests of the Corporation. The Company will complete the re structuring and extinguishing of all convertible debt from its balance sheet. The re-structuring of debt will enable the Company to re-finance in a meaningful way on a non-dilutive basis. In conjunction with the 10:1 reverse split of issued and outstanding shares the extinguishing of debt will facilitate the execution of previously announced strategic initiatives.
Effective Date
Under Rule 14c-2, promulgated pursuant to the Securities Exchange Act of 1934, as amended, the Amendment shall be effective twenty (20) days after this Information Statement is mailed to stockholders of the Company. We anticipate the effective date to be on or about October 10, 2023
https://www.otcmarkets.com/filing/html?id=16983179&guid=rh5-kaKC2iwfJth
IGEN $$$
I think this week by Friday
IGEN $$$
No after hours print. jmho split on or by Friday and conversions drying up
https://ih.advfn.com/stock-market/USOTC/igen-networks-pk-IGEN/trades
IGEN $$$
Definitely feels investors were mislead by CEO as recently as the conference call, and now left totally in the dark despite multiple attempts to contact the CEO. If this company is ever successful, there will likely be a lawsuit
And still he's on Twitter and Instagram posting regularly like nothing happened
Has anyone heard anything from CEO Robert L. Mount? I've been trying to get some response to the situation but no replies so far
RSI is oversold @ 27.76. I've been adding and will continue to on the cheap if possible
glta
HIRU $$$
I've been adding this range too. Long on this
HIRU $$$
...the Company is going to produce two new products which are distilled and spring water. The demand for distilled water has risen nationwide due to a shortage in availability due to population growth and industrial expansion, limited production capacities, supply chain crises, shortage of packaging materials, and contamination of the water source...
...currently in final negotiations to secure an agreement with a co-packer in the Northeast of the United States to produce a private label distilled water to be sold to big box retailers. This same Northeast location will also produce our planned spring water products as well to be sold to the same customers...
...will initially be a large facility in the State of Florida where we feel there is the largest demand right now for bottled water products.
https://www.prnewswire.com/news-releases/hiru-corporation--new-product-branding-on-the-east-coast-301949165.html
HIRU $$$
HIRU CORPORATION - Future Direction of Operations
PHOENIX, Oct. 5, 2023 /PRNewswire/ -- Hiru Corporation would like to announce that it has made a significant change of direction in its operational footprint to strengthen revenue producing operations in fiscal year 2024.
The Company has recently made several material changes to its business direction. It has consolidated its West Coast operations to its Glendale, Arizona location. As part of these changes, the Company sold Salome Water and Ice, and moved significant equipment and high-end customers from the California (Denman of California) operation when the commercial lease expired this summer. These changes were put in place to focus its operations on the West Coast to one location in Glendale, Arizona as the Company turns its focus to the acquisition of full-scale water bottling facilities on the East Coast, mainly in Florida and surrounding area. The Company's strategy is to aggressively scale up manufacturing operations on the East Coast to be able to attract new revenue streams in the first quarter of 2024.
Ms. Kathryn Gavin (President and CEO of the Company), states…"The Company has a solid plan of action to maintain its current history of ongoing quarterly revenue growth. As reported many times, we continue to increase our quarterly revenue each quarter since water bottle production started in 2021. As part of our new plan of action, having two facilities on the West Coast was not a financially sound course of action to continue, especially when we can maintain the same or higher revenue production from one location. We took advantage of the lease expiring at the California facility to make a cost-cutting move to improve our bottom-line performance at the same time we are in negotiations on several new facilities on the East Coast. We can service all our current West Coast customers, including Alkaline88, through our large manufacturing footprint at our location in Glendale, Arizona. By letting the lease expire in California, and moving key equipment and production to Arizona, we will significantly reduce our operational expenses in both facility and employee costs. The cost to do business in Arizona versus California is significantly lower especially when it comes to employee compensation and long-term retention, along with burdensome state regulations that added unnecessary expenses related to compliance. Our facility in Glendale is large enough, and has enough dormant capacity, to meet the current productions levels from the California location, and still expand as necessary as we keep adding new revenue streams on the West Coast. By consolidating our West Coast operations, we will be able to meet our current and future production requirements in a more efficient and cost-effective manner. Again, everything we do is about increasing revenue and ultimately maximizing our bottom-line performance. This move will allow us to put capital towards a manufacturing footprint on the East Coast to increase our revenue quarter by quarter."
https://www.prnewswire.com/news-releases/hiru-corporation--future-direction-of-operations-301949058.html
HIRU $$$
Shareholder Update - https://t.co/d0Ur0z7wTt#DBMM $DBMM pic.twitter.com/kES7XP9OVt
— DBMM Group Inc. (@dbmm_group) October 5, 2023
The bid briefly showed ~ 27M for 3s while the ask was a similar amount for 4s. Kinda surprised me, and I haven't been watching it for more than that moment. I assume that trade printed around then
IGEN $$$
Adding more today
DBOOMM $$$
Added more today
HIRU $$$
Thank you Manti
Curious if we see anymore 50M share after hour prints. I don't believe there was ever 50M on the ask or bid for .0003s yesterday, but the print for 50M went through at .00029. Not sure how that works, and believe it's not the first time we've seen something like that. Gotta love the MMs in the OTC lol
https://ih.advfn.com/stock-market/USOTC/igen-networks-pk-IGEN/trades
IGEN $$$
More like 121M in a few sessions. Two recently for 50M each and today for 21M all went through near .0003 so approx. $36k
Will be interesting how this plays pre RS and post
IGEN $$$
We saw two sessions recently with 50M each go through
Interesting late day print here represents almost exactly half of the day's volume. Curious how much more of these we'll see in the coming weeks, or if they might dry up for a while and let this run
https://ih.advfn.com/stock-market/USOTC/igen-networks-pk-IGEN/trades
IGEN $$$
☑️ Near-term acquisition growth plan
— DBMM Group Inc. (@dbmm_group) September 28, 2023
☑️ Exceptional company leadership and expert team
☑️ Poised for standout growth in burgeoning digital marketing and consulting market
lol super predictable and telling too. I'm accumulating more HIRU at these bargain prices glta
HIRU $$$
it has received formal notification from The Nasdaq Stock Market that it is now in compliance with the Nasdaq’s periodic filing requirements
“I am pleased the Company has remedied its filing deficiencies. Going forward, it is imperative that the Company timely file all of its periodic financial reports, and I have taken the necessary steps to ensure timely reporting going forward,” stated Frank Chessman, President and CEO of The Alkaline Water Company.
HIRU $$$
All they need to do is get those filings in and the new Form 211. IMO this will be trading again by late winter or early spring latest if they get that shit done. Yes it sucks for traders now, but if the business is successful and the filings come in, it should be worth it for longs to be patient
glta
Companies moved to the Expert Market from another OTC Markets tier can apply to relist on the OTC Pink or other OTC Markets tier by becoming an SEC reporting company, submitting a new Form 211, and meeting OTC Markets requirements for the particular tier.
https://www.otcmarkets.com/stock/REII/security
REII can trade again, but it will take some time. I still have shares and expect the CEO to give an update soon on his plan to get back to trading
There's an after hours print for 50m shares
https://ih.advfn.com/stock-market/USOTC/igen-networks-pk-IGEN/trades
IGEN $$$
“During the first quarter of our fiscal year 2024, we continued to show strong improvement in our operating results as we execute our previously detailed pathway to profitability,” stated Frank Chessman, President and CEO of The Alkaline Water Company. “This achievement, highlighted by our 733 basis point improvement in gross profit margin, reflects the strength of the Alkaline88® brand, the hard work of our team, and the loyalty of our customers. I am also pleased to report that the Company is now current with all of its filing requirements with the SEC, and certain internal improvements have been implemented to ensure timely filings going forward,” concluded Mr. Chessman.
https://ir.thealkalinewaterco.com/news-events/press-releases/detail/481/the-alkaline-water-company-reports-62-year-over-year-drop
HIRU $$$
Almost entirely retail trading imo. Hardly any 5 digit trades and no after hour prints
https://ih.advfn.com/stock-market/USOTC/igen-networks-pk-IGEN/trades
IGEN $$$
Regardless of the recent months of shit show, I still believe IGEN is way undervalued and am holding through the RS. The recent volume indicates other traders feel the same
IGEN $$$
You can scroll through every pic and video HIRU has posted quickly on Twitter by clicking the Media tab, thus avoiding the text only tweets (I refuse to call it X)
https://twitter.com/Hirucorpnew/media
Maybe you're looking for something like this:
200 plus pallets of finished product ready to ship making room for majors. $HIRU pic.twitter.com/CjyPg7bdqe
— @Hirucorp (@Hirucorpnew) October 11, 2022
Updates on ALK88 and new customers next week
HIRU $$$
Hopefully that's a good sign
IGEN $$$
Volume would do wonders here.
DBOOMM $$$
Very nice, thank you
David Graber, American Battery Material, Inc. Chairman of the Board provides comment on SGII's recent 8-K filing (https://t.co/exqhs6MsHt) pic.twitter.com/PVNLw3l45A
— American Battery Materials, Inc. (@AmBatMat) September 17, 2023
The market cap on OTC Markets page updates the next trading session. I've done that too many times lol
Tomorrow it will be under $5M https://www.otcmarkets.com/stock/HIRU/security
HIRU $$$