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Lol I saw the fuzzy math but understood your cypherin’ analysis.
Thanks. Modest Golf Clap for now. Also like your “valued at” which I didn’t calculate into my contempt.
Salome sale, not much impact to offset the $7 million/525 million $0.001 share boondoggle I figure.
Henny Youngman: Take my ice, please!
No mention of receiving anything other than “moved significant equipment and high-end customers from the California (Denman of California) operation”
I saw Three Card Monte in New York once. At least the hustler wasn’t suing me for anything when I was finished. Very savvy!
Yes “Oh the Humanity” but there’s always Helium or Hopium to do the lifting lol.
July 16, 2021 / Hiru Corporation (OTC PINK:HIRU), a Georgia corporation ("HIRU" or the "Company"), has completed the acquisition of Salome Water and Ice, LLC, a Nevada limited liability company ("Salome Water and Ice"), which owns and operates a full-service ice manufacturing and water purification facility located in Salome, Arizona which has been in production since 2006.
The Company acquired Salome Water and Ice pursuant to an equity exchange agreement executed on Wednesday, July 14, 2021 ("Agreement"). Pursuant to this Agreement, the Company acquired all outstanding equity of Salome Water and Ice, making it a wholly owned subsidiary, in exchange for 25,000,000 shares of Common Stock (Restricted) of the Company.
Ms. Kathryn Gavin (President and CEO the Company), states…" We are pleased to announce that we have closed our second acquisition, Salome Water and Ice. While it is not as large a facility as AZ Custom Bottled Water, it is a good example of the type of facility we are looking to acquire as part of our industry roll up plan in the State of Arizona and the Southwest. It has been in operation for 15 years, has a steady local and business client base, and did over $600,000 USD in revenues the last fiscal year. Salome Water and Ice is the only pure water and ice facility within 75 miles of its location and also serves seasonal harvest in its immediate vicinity. Again, it met our simple acquisition criteria: seasoned operations, cash flow positive financials, and in a high growth industry- consumer bottled water and ice market in the Southwest United States."
Salome Water and Ice is an ice manufacturing and water purification business. The main operational building, which also houses 24-hour water and ice vending machines, is located on 3 land parcels in the heart of Salome, Arizona (Western Arizona). The building site also includes living quarters for the on-site management team. The internal operations include two (2) 10-ton ice machines and a state-of-the-art commercial water purification system. They also operate several refrigerated trucks to supply ice to over sixty merchandisers in the area of Salome.
Ms. Gavin further stated…" I would like to follow up and inform the investing public that we amended our articles of incorporation with the State of Georgia today lowering our authorized capital shares to two billion (from five billion) as previously announced. In passing, I would also like to make a commitment to our shareholders that the Company will not conduct a reverse split of its common stock for a period of three years or at such time we break annual revenues of $20,000,000 USD and are required to do so as part of a planned Uplist to a National Market Exchange. We are trying to be proactive and make smart, strategic decisions that are focused on maximizing shareholder value in the long term."
Looks like all the summer rainbow and unicorn buyback tweets were air cover for ground troops in the know to retreat. cCalahan’s one of five bullseye posts (really?) nailed it on 9/1 for lease so that’s pretty material and went unannounced. I dismissed it as it’s a big building and no disclosure,,,oops!
$7 million for 10 months of revenue that dried up and went unpaid plus some old equipment. Huh. Odds of figuring out how much they got for Salome to offset the fiasco?
We’ll they’re going to try and keep increasing revenue on track,,yay except the market doesn’t seem to care evident by the elusive billion shares of buying.
Yeah A88 trickled down to us is what I saw too. Don’t think you missed Joel’s deal.
Likely scam receivables lenders claiming she’s in default and assessing excessive penalties. Interesting the three are all filed recently though.
That’s a big building and a lot of land for $7 million I would think. See pic #8
https://www.showcase.com/8250-8292-industrial-ave-roseville-ca-95678/29301447/
CLEAR CEILING HT
30 Ft
DOCKS
5
DRIVE INS
10
PARKING SPACES
427
Not sure about my theory but they paid $7 million so is that just the Denman name etc. and four lines, a blow molder and 72 head filler equipment which may be plausible or is it including the building which seems low but I have no clue really. The sq footage in the pr says 133k and the filings have 155k and the floor plan that the Cushman & Wakefield for lease info showed the total building around 280k if I remember.
You’d think somebody that talks to the ceo regularly could clear this up easily. Huh.
PHOENIX, Oct. 20, 2022 /PRNewswire/ -- Hiru Corporation (OTC Markets: HIRU), a Georgia corporation (the "Company" or "HIRU"), is proud to announce that they have officially purchased a full scale, water bottling company out of Roseville, California.
The Company purchased the water bottling plant in Roseville, California pursuant to an agreement for both cash and equity ("New Bottling Plant"). The value of the New Bottling Plant is approximately $7M USD. The New Bottling Plant has the following material benefits to the Company:
133,000 Square Foot of Floor Space
Four Automated Bottling Lines (Two of Which are Fully Operational)
All Four Bottling Lines will be in full production by December 31, 2022
Can produce all sizes of water bottles which will allow the Company to fulfill the invoices more effectively from Alkaline 88 and our other major clients
Capacity should allow us to expand and generate more top line revenue with both our current and future clients
@Hirucorp
@Hirucorpnew
·
Oct 10, 2022
Update, New Plant in California will be shipping production to Alkaline 88 and major chains on October 24th this month, SQF in place. Projections coming soon. $HIRU
@Hirucorp
@Hirucorpnew
·
Oct 10, 2022
Blow molder, 72 head filler, 1 gallon, 3 liter and all small bottle. $HIRU
@Hirucorp
@Hirucorpnew
·
Oct 10, 2022
Will send pictures of new plant today, 133,000 sq ft 6 bay doors and SQF Certification. $HIRU
@Hirucorp
@Hirucorpnew
·
Oct 7, 2022
LOI on west coast acquisition has been approved and now we are going to contracts. Best news for the company 130,000 plus Sq FT multiple lines and SQF certification in place to help ship from both locations to the majors. More news to come. $HIRU
Has anyone gone on twitter and told Hiru they’ve gone out of business in California or should we wait for $0.0015 to tell them?
Seriously “rebranding”? The named company https://wellabovebc.com/co-packing/ instantly has capabilities Hiru has never had, huh.
I’ll go with well above has leased the available section of the building Hiru occupies but who knows because they can’t even keep their word on providing a volunteered update on A88, new customers and production line counts.
Chalk this up as one for the Kathryn detractors.
The portion of the building that Hiru doesn’t occupy was recently for lease.
The latest masqueraded in squires endless quantum dot charade.
Interesting they gave shareholders the middle finger last week after stating A88 and new customer updates but it’s going up on light volume. Huh.
Spin Doctors will say it’s not selling lol.
$0.00325 up 30% Huh. Ask looks unusually thin.
$0.0029 up 16%. We don’t need no stinkin’ news. (Or she confirmed something will come lol)
Update survey: a) any minute now b) sometime today c) sorry Charlie not today d) after 3pm to stave off the crashing sound of hair on fire exits
2.4 million shares traded and 1,939,025,394 didn’t. How much will she disclose and when?
Distilled water installation and customers?
New bottled water customers?
A88 issues impact on Hiru?
New line install in Arizona. New customer or support existing production?
Third quarter results.
Resume share buybacks?
Got scared and flushed like a turd at $0.0025 on the 13th after holding from $0.006.
E*Trade’s back with only a million for openers. Huh.
Funny watching buyers avoid taking out E*Trade’s 6 million shares for six days until there was no other option. Luckily he got out just in time,, for it to go up now. This will go in my notebook of sophisticated trading strategies. Trade fee at .0003, .0028, .0027 and then .0003 again.
Winner! You’re on it now. Ending 6/30 they’re down, we’re up. That only leaves July and 8 days in august before the letter went out acknowledging issues and working on corrections. If their issues didn’t reflect in our 2nd q they won’t in our third best I can cypher.
I think you understand they have heavy capital investment with the distilled line to completion, new hires to run it and now we know a new line in Arizona soooo,,,we also know they have little cash on hand at the end of every quarter despite a good net margin soooo,,, the cancellation of the buy back was done to pay operating expenses and A88 was a face saving pretext because they got giddy and spent far more than their $25k each month budget allowance best I can tell.
Cheers bottoms up!
Thanks. Nice. Rev down 8% on the quarter and better margins with far less cash used.
Now who out of 9 experienced what % of reduced sales is the only question and I’m betting not much falls to Hiru.
E*trade moves back from .0027 to .0028 for an extra $56 minus a new trade fee. Entertaining.
What price will E*Trade reload 2-4 million shares?
The pre-tweet tweet didn’t dissuade him.
This post highlights what I’ve been sleeping on that doesn’t add up.
On 8/30 we’re buying back shares next week but then when the buzz and burn down started over WTER demise and the letter by them from 8/8 comes out Hiru made the statement about suspending buybacks when a customer is having trouble.
Doesn’t add up unless,,
Hiru didn’t have any problems with raw materials and shipments and just found out when Hiru stock dropped because they were buying back through August and planning to resume in September?
Or something other happened I must be missing?
Adding clarity: If Hiru was impacted by a customer having problems prior to 8/8 or after why were they buying back in august and planning to in September?
I’m going out on a rosy limb and say A88 cures it’s raw material/shipping issues and gives Hiru more business (California if she gets specific). New line = new customer 4th quarter along with initial distilled deliveries and on track for $30 million+ revenue.
Yes agree he’s stubborn but he’s consistent as I’ve seen his E*trade excess blocks for some time here,, 2-4 million but 6 this time was a record. Flipping for a few ticks and a few thousand dollars isn’t bad if that’s your thing.
Hope todays pick of self-leveling concrete wasn’t recent and for the distilled line which would be way off schedule lol.
Funny they always seem to leave more questions than answers in the twitter-verse communications.
Skipping over,,will send videos of distilled equipment end of September and drop pics,,prepping for a new line.
Wonder do they know how disjointed they are? I think so and don’t care,,puff puff pass!
Yeah I just can’t walk that walk at my age. Wasted pixels I’ll never get back.
E*trade drops his 2.137 million balance to $0.0028. I think this is a record for dumping 6 million shares lol. Very disciplined flipper.
Only thing I see COULD have affected Hiru from this letter would be lack of WTER provided raw materials. Bottles labels cartons minerals? Not lack of orders as it’s all about failure to deliver needed product unless Hiru was one of the co-packers having production issues. Delayed shipping of Hiru finished goods doesn’t reflect on Hiru.
Not sure there’s going to be any impact on Hiru.
They were real chatty from $0.0016 to $0.006 hmmmm lol.
Third or fourth day E*Trade trying to flip his 6 million shares at $0.003?
A volume analysis of the leg down/sell off from $0.0045 10 days ago.
The average 10 day volume is 15,930,000 shares each day.
159,300,000 shares in total have traded over the last 10 days which is 8.2% of the 1,941,425,394 issued and outstanding shares.
That’s a “Negative Ghost Rider the pattern is full.” It’s exhausting when you think about all the bullshit that flies around Hiru over the years that has been proven time and time again to be baseless fear uncertainty and doubt. We need to start a list of failed scam accusations in sticky notes and a request to please review before bashing to make sure you’re being original.
A88 has an independent co-packer for TX and it’s not Hiru lol.
“It has entered into co-packing agreements with nine different bottling companies located in Virginia, Georgia, California, Florida, Texas, Wisconsin, Nevada and Arizona to act as co-packers for our product.”
Wednesday down 30% today up 22.5% have I got that right? Off -7.5% since Tuesday’s close?
“Hmmm” is interesting. That possibility got past me. You did see and reply to my chart warning and concurred.
“Some replies and follow ups would be worth a pound of cure.”
Too bad they didn’t listen because we’re in the pound of cure phase now,,needing solid reasons for people to pay higher prices.
I tend to focus on the other 1,876,425,394 shares outstanding that didn’t trade today vs the 65 million that did. I believe the up and down cycle volumes are much lower (excluding the trip to $0.0016 event) than in the past which tells me 95% of the stock is just molding on the sidelines waiting for copper, nickel or silver.
If that wasn’t the case why doesn’t it trade 100-500 million or a billion shares on the “hair on fire” up or down days? lol
Hopefully between buybacks and the 95% longs accumulating shares to hold and mold the float continues to tighten and she continues to deliver the results as predicted.
I also noticed WTER’s August demise aligns with the 8/8 apology letter they sent out to customers that JOL posted so all of that and the projection onto Hiru makes sense now.
Oh well strong support at $0.0016
Whiskey/Rocks (always a double)
Thanks very much HL, there’s your template imo. She was personally stepping in to clean up the twitter-fest mess that frequently occurs when baseless bashers get a hold of a misguided bone and somebody wearing big red shoes tries putting out the fire with gasoline.
Fwiw I think she rightly doesn’t really care about the near term pps because:
1) her preferred shares aren’t coming out for cash as commons anytime soon if ever. (they could just be surrendered in a future sale)
2) She doesn’t plan to raise capital with treasury stock
3) when she did raise capital with treasury stock she destroyed the pps rather than structure some type of less destructive stock base funding lol.
I think she’s focused on a loooong term value of Hiru Corp.
I think someone who is an employee but not an “insider” who has tradeable stock a fragile ego and big red shoes is highly sensitive to the pps.
Don’t know if you saw it but I posted a three year chart a month or so ago.
Yup. You know me and the keys to the clown car theory so riddle me this,, why when sometime back she tweeted “Kathryn here” and then went on to state or clarify something or another if she was the one consistently responding with the lousy syntax, hair trigger and fragile ego?
That’s the one tweet ever I will attribute to her. The rest, meh?
If you ever come across that exchange I think you could use it as a master to lay over other communications. Kind of like a decoder ring.
I’m waiting to see if Musk reverses course for click metrics and lets people read without having an account again. He’s pretty mercurial and has manage to cut revenue in half so,,,lol.
They’ve got a full dance card of corporate actions ahead lol.
10Q report/extension, shareholders meeting/A/S raise, minimum bid notice in the que.
All easily resolved and forgotten when they file first and second quarter increased revenue, margins yoy lol.
Was it over when the Germans bombed Pearl Harbor?
Strong support @ $0.0016