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This is for you AMPS:
She fired Assad Arif.
She left NXMR.
She left SPQS.
I always took issue with their Accounting, here and on Twitter:
Good morning. On May 31, you said the errors "are being corrected." Any idea when? The Amended filing from 5.21.23 is still showing a huge swing lower in wages/salaries, which hasn't been fixed. As well as other errors I listed. Was this a Gillespie error, yours, both? $hiru
— Dave (@hardlesson1) June 6, 2023
So presumably the "new management" already has the keys to the Twitter Account (CC) ...but is in the process of getting OTC codes if they don't already have, in order to submit OTCM filings. (And they need access to Edgar to file an 8K)
New management must also submit to a Background Screening in order to have access to Filings and OTC news service. So they must have already submitted that application to OTC. (Or in process)
"OTC Markets Group conducts comprehensive background checks on issuers, officers, directors, controlling shareholders and affiliated persons to maintain the integrity of the OTCQB and OTCQX markets. We also collect this information prior to granting a company access to the OTC Disclosure and News Service."
https://www.otcmarkets.com/corporate-services/ir-tools-services/disclosure-and-news-service
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Cue the music. hL
AWON:
QB update this week, should be any day now. Also working on trying to sign a co-packing deal in the northeast with clean bottle after license agreement was announced on Friday with #WTER. $AWON
— AI_CPG (AWON) Pink Sheets (@A1Beverages) October 22, 2023
Correction: "Clean Beverage" should read "Clean Bottling." HL
https://opencorporates.com/officers?utf8=%E2%9C%93&utf8=%E2%9C%93&q=Steven+delaportas&jurisdiction_code=&type=officers
https://opencorporates.com/officers?commit=Go&page=1&q=Kylie+schuyler&type=officers&utf8=%E2%9C%93
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Steven Delaportas.
Kylie Schuyler.
Clean Bottling. 3.9.23
Le Nid Bottling 3.8.23
__
Digging. hL
The executive team at LNCI has been creating long-term strategic programs for some of the world’s top brands. Current and past world-class clients within the LNCI team portfolio include: Jim Beam®, Sauza®, Amazon®, Canadian Club®, Welch’s®, Sanderson Farms®, Smithfield®, Seattle’s Best®, Starbucks®, Organic Valley®, Foster Grant®, WALMART®, Costco®, SEARS®, SUPERVALU®, Sam’s Club®, Kroger®, Harper Collins®, Penguin & Putnam®, Fox®, Universal Studios®, Warner Brothers® Disney®, MLB®, NBA®, CBA®, OLYMPICS®, ABA® and NFL®.
https://www.lenidinternational.com/
The WTER management greenlighted this most recent 8K, and licensing agreement with Clean Bev. (Imo)
Those guys have a lot to lose considering their executive compensation packages, stock options, and whatever the future value of those stocks are.
Also, some of them have/had ties to the Monies that have infused WTER's growth/strategies over these many years. What will be the final result for them and their ROI?
Some of them have deep backgrounds in growing Beverage brands. Did they setup this parachute with Clean Beverage?
It will be interesting to see what happens to all those compensation packages. Imo. hL
It's the opposite, A88 "brand" survives.
The future of "The Alkaline Water Company" is the question.
Do they find a way to stay afloat, cutting 95% of employee expenses and overhead? (Since Clean Beverage is now responsible for manufacturing, dist, marketing, everything.)
Do they find a way to liquidate assetts/inventory, and appease current creditors/liabilities now and over time?
Do they file for reorganization, and in the wash the creditors get pennies of what's owed?
If so, the WTER commons get traded on the OTC (after nasdaq delisting) and ultimately they get wiped when bk finalized? (Commons rarely survive.)
Do they emerge 5 years later somehow, after the A88 license agreement expires?
Here's my favorite. None of the above matters because the people at WTER and Clean Beverage are smarter than all of us, and/or there's another endgame(s)?
Who does the co-packing for Clean Beverage ? Who gets what territories?
If not any to HIRU, do they have the REVS to survive the losses, and press forward?
Off the top of my head at 4:00am.
Whatever happens, I'm glad the A88 "brand" survives. Would have been a shame to see it die. Imo. hL
https://www.linkedin.com/company/lenidinternational/
http://www.lenidinternational.com
https://www.bizapedia.com/az/le-nid-bottling-inc.html
Kylie Schuyler.
Steven Delaportas.
___
Just doing some digging. hL
Tweets selectively deleted. Hundreds still there going back years.
Don't like it, but for whatever reason, a small percentage were deleted.
https://twitter.com/Hirucorpnew
Just a fact check. hL
Looks like a lot of the Denman pics and videos have been deleted too.
Excellent! Blow molder going strong then? What size bottles? $hiru
— Dave (@hardlesson1) March 7, 2023
...and the 72 Head Filler filling at rapid speed. Well done! $hiru
— Dave (@hardlesson1) March 7, 2023
JMM, The Tweet you linked was deleted. I think it was the one with the shiny new floor? Not sure, but it appears gone from Sept. 21. Bob asked about where the line was, and she said Arizona. Of course, no one knows why it was deleted.
Awesome news! Is this in Arizona or California? And how many total lines will that make?
— Portcitybob (@Portcitybob) September 21, 2023
Arizona will update lines next week
— @Hirucorp (@Hirucorpnew) September 21, 2023
$SHMN Completes Acquisition of ABBIE Gene-editing Tech, Begins Preparations to Commercialize Solutions for Heart Disease https://t.co/TCbvp3EuLk pic.twitter.com/Sza5CaPRbJ
— IBN (InvestorBrandNetwork) (@IBNMediaNetwork) October 19, 2023
So you suspect industrial espionage:
https://www.techtarget.com/whatis/definition/industrial-espionage#:~:text=Industrial%20espionage%20is%20the%20covert,or%20information%20about%20business%20plans.
"Industrial espionage is the illegal and unethical theft of business trade secrets for use by a competitor to achieve a competitive advantage. It is often done by an insider or an employee who gains employment for the express purpose of spying and stealing information for a competitor."
https://www.investopedia.com/terms/i/industrial-espionage.asp#:~:text=Industrial%20espionage%20is%20the%20illegal,stealing%20information%20for%20a%20competitor.
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So either someone is still co-packing and shipping new A88 product to customers, and presumably getting paid to do so...
Or stores are still drawing on stock thats left over from their distribution warehouses.
Any idea on where these NorCal stores are getting their stock?
hL
Thank you. And that was 2 months ago, right around the last time that Alkaline last posted a news item on LinkedIn.
https://www.linkedin.com/posts/alkalinewaterco_read-the-full-news-release-here-httpslnkdin-activity-7092534673020518400-VaAJ?utm_source=share&utm_medium=member_android
Their last post on Twitter was Aug 2. 2023.
Read the full release herehttps://t.co/gdEslb90Ft pic.twitter.com/fuaWdi7tyF
— Alkaline88® (@Alkaline88) August 2, 2023
WTER needs Credit Agreement Extension news. Their Credit Agreement Expired on 9.14.23. The data doesn't show it being renewed.
hL
(WTER) Alkaline 88 Key Employees:
https://ir.thealkalinewaterco.com/company-information/management-team
https://ir.thealkalinewaterco.com/corporate-governance/board-of-directors
All of the below signed the August 16, 2023 10K:
Frank Chessman
https://www.linkedin.com/in/frank-chessman-6ba32649/
Frank Lazaran (Advisory Board)
https://www.linkedin.com/in/frank-lazaran-7346a935/
Ronald DaVella (Audit Committee)
https://www.linkedin.com/in/ron-davella-a9893a3/
Brian Sudano
https://www.linkedin.com/in/brian-sudano-0309255/
David Rauch
https://www.citybiz.co/article/350787/the-alkaline-water-company-appoints-david-rauch-to-its-board/
https://www.otcmarkets.com/filing/html?id=16871181&guid=8r5-k6amqsGWJth
Others:
Greg Ritter
https://www.linkedin.com/in/greg-ritter-a3a00870/
https://www.linkedin.com/in/saralturner/
https://www.linkedin.com/in/jennifer-wolfe-b17b89bb/
Aug 2014 - Aug 2023 · 9 yrs 1 mo
https://www.linkedin.com/in/don-halstead-b462a2292/
Richard A Wright. 2013 - Aug 2023 · 10 yrs 8 mos
https://www.linkedin.com/in/rickyawright/
https://www.linkedin.com/in/ryanchessman/
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Could go on forever. Correction to a previous post today. While there are some people gone (who knows the circumstances) at Alkaline 88 per LinkedIn, there also seems to be plenty of people that still work there. Some employees are "open to work" and some profiles are likely not very up to date with reality. Mentioning this so as not to mislead any into thinking that no one works there anymore, as clearly that's not the case. The above was put together to also track the future. My desire is that WTER thrives in the future, to be clear, if possible.
hL
I know this was a long post, but yes on Gillespie.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172864191
"She did show promise when Michael Gillespie, PCAOB Auditor, showed up on our Quarterly earlier this year as our CPA. But that changed, and she hired a local Phoenix guy in the next Quarterly. And he's showed up on the last two reports, I believe. Maybe he's tasked with getting the Audit helped along. (?)
One thing to note, is that AWON (WTER's new NorthEast co-packer, and having ties to HIRU) just filed their Amended "Audited" 2022 Annual, with Gillespie as the PCAOB Auditor."
__
As the World Turns. :)
hL
7. Payment Terms: (a) The Company will pay COD on the first order delivered by the Packer and payment for further orders shall be made within thirty (30) days from date of the purchase order.
https://content.edgar-online.com/ExternalLink/EDGAR/0001062993-13-002945.html?hash=82285d97b62c96f023a81334e6705c59c3c8aadd49ad1814d54fee0ff051397a&dest=exhibit10-2_htm#exhibit10-2_htm
https://content.edgar-online.com/ExternalLink/EDGAR/0001062993-13-005637.html?hash=2486ee6dd7851318d00455b13f94f88e420c324318d1c8654e9c088c7bb6eda8&dest=exhibit10-13_htm#exhibit10-13_htm
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These Co-packer agreements are old...but are linked in the most recent WTER filing from 9.22.23.
I skimmed through that WTER filing, and I don't see any other recent Co-Packer agreements attached. Maybe they decided to not link those agreements to their filings for some reason.
https://www.otcmarkets.com/filing/html?id=16944770&guid=8r5-k6amqsGWJth
If HIRU was still on 30 day terms...how much water could they have shipped before receiving payment? Unknown, but could be a chunk. If HIRU kept shipping for longer without payment, then even more. But, A88 was having problems in August. I guess we'll find out in the 3Q filing due on NOV 15.
hL
:...to stabilize and lower the volatility of our quarterly operations."
That very small statement is how HIRU told us that things weren't working with their largest customer, A88.
Too unstable and volatile, imo. hL
Unicourt Lawsuits Alkaline 88. I think some here might have purchased documents from Unicourt. (I haven't yet.) I don't know what these lawsuits are about, but they are recent. WTER has "issues." Yes you are correct, HIRU has is yet on the record as filing a complaint against them. Although another poster did link a complaint from White Water II LLC (co-packer) against A88 that was very recent.
https://unicourt.com/case/ny-sue1-casegga5b0bca0c3e2-2306418
https://unicourt.com/case/ny-sue1-caseggdb1eee10afb1-2390012
https://unicourt.com/search?q=alkaline+88&a=all&init_S=s_fltr&p=1
http://www.superiorcourt.maricopa.gov/docket/CivilCourtCases/caseInfo.asp?caseNumber=CV2023-052967
(Stipulated Judgement $130,000.00 plus Attorney Fees)
___
I'm not a Judge or Attorney. Not making a judgement, just posting info that's not yet been through the court system for rulings.
hL
Last change to SS was June 7, 2023, when she lowered the AS at Georgia SOS.
Held at DTC hasn't changed since then either.
All Authorized Shares are out there already. imo.
https://ecorp.sos.ga.gov/businesssearch
Shares are TA verified as of 10.13.23.
https://www.otcmarkets.com/stock/HIRU/security
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hL
Bob, There are 2 complaints against Alkaline 88 LLC (Subsidiary) filed since August in Maricopa County. I have not looked on Unicourt to see if there are others, in other jurisdictions.
https://www.superiorcourt.maricopa.gov/docket/CivilCourtCases/caseSearchResults.asp?lastName=&FirstName=&bName=Alkaline+88
I also do not know how the co-packer agreements are written regarding remedies for unpaid invoices, or litigation or arbitration.
ONE big verification for me that WTER is having problems, is the loss of employees. (Mentioned here by someone.)
Just do a LinkedIn search for Alkaline 88 employees, also those listed on OTCM. They have lost many employees that started new jobs in July/Aug/Sept. A couple Directors are gone.
WTER's Credit Agreement Expired on Sept 14, 2023, per filings. Their most recent 8K says they are still trying to regain Nasdaq compliance.
hL
We talked about this link you brought up last week. In going over Joel's case search in Maricopa County, I found that FZA Note Buyers LLC also came up in a previous case where they were both Defendant's on a case from 2022.
In that case, a judgement was awarded against Joel, and he Satisfied it in 2022. Not sure why/how FZA was involved in the Winter Sun property (as it's been sold to someone else now) don't have the energy to find out.
Just passing along this detail that didn't get mentioned last week. hL
CV2022-011322
https://www.superiorcourt.maricopa.gov/docket/CivilCourtCases/caseInfo.asp?caseNumber=CV2022-011322
All the other Tweets are there presumably. You probably noticed who gnarlyman's question was aimed at, and that he responded.
Either she doesn't want her photo out there anymore, or doesn't want it out there with Chessman? (Her number one customer that owes her money.) Of course it's still out there...it's only a matter of time before someone posts it again from a screenshot. We won't know what she's doing until she speaks, or there's a filing or PR. Everything else is just speculation, imo.
...and as I speak:
Why would @Hirucorpnew $Hiru remove this tweet that would prove there was actually a Kathryn Gavin? It’s time to ramp up this investigation and find out who this is pictured. As soon as Miro mentions her it gets deleted… what in the dm is going on here? @FBI @SEC_Enforcement https://t.co/MthvcfNs0M pic.twitter.com/snKngja9rL
— Justin Case (@BlameCanada8) October 18, 2023
Lol, that would do it. I'm sure someone has the clip.
https://archive.org/details/peabody-complete-720-540/01+-+Show+Opening.mp4
__
hL
HIRU has deleted the Tweet with her photo with Chessman:
Isn’t this the CEO of $HIRU? It was in April. Seems relevant to repost this considering recent X discussions. https://t.co/9o62XL3KZq
— Gnarlyman (@gnikmj) October 15, 2023
Very nice meeting you Kathryn! We look forward to continued success in our partnership👍 https://t.co/gGTa2DrgYi
— Alkaline88® (@Alkaline88) April 25, 2023
$SHMN Bolsters Executive Team; Confident About Anticipated Developments and Opportunities https://t.co/UbQy8cYJVY pic.twitter.com/OTzPXpneaO
— BioMedWire (@BioMedWire) October 17, 2023
"On or about March 1, 2021, Kathryn Gavin, a resident of the State of Arizona, acquired effective
voting control of HIRU Corporation (hereinafter referred to as the “Company”) from Miro xxxxxxx and XXXXXXXX, Inc., a Florida corporation.
Kathryn Gavin purchased controlling interest in the Company through the purchase of 100% of the Preferred Stock (Voting Control).
Kathryn Gavin paid $175,000 USD for the Preferred Stock of the Company which provided her controlling interest.
Share Purchase Agreement dated February 10, 2021 between Kathryn Gavin (Purchaser) and Miro XXXXXX and XXXXXXX Inc., a Florida corporation (Seller) "
https://www.otcmarkets.com/otcapi/company/financial-report/282504/content
_____
She still had control (as mentioned by Quantum Travesty recently) as of the 6.30.23 filing: https://www.otcmarkets.com/otcapi/company/financial-report/377930/content
Will she maintain control, stay the course, or sell her HIRU Preferred shares?
She also (as of the most current filing 3.31.23) owns/owned the Preferred shares of NXMR. Although it seems probable that those were sold to Donald Keer. Not known because NXMR is in the middle of an offering, is still Pink Limited, and behind on their filings.
https://www.otcmarkets.com/filing/html?id=15119907&guid=rh5-kaKC2iwfJth
https://www.otcmarkets.com/otcapi/company/financial-report/374114/content
Oh, and just for fun, AWON owes Joel Natario $16,500.00.
"As of April 10, 2023. these were a total of four non-related party loans from Joel Natario. At the current time the Company has not
prepared a loan document for Mr. Natario. As such, the loans totaling $16,500 is a short-term loan with a 12-month term with no interest." https://www.otcmarkets.com/otcapi/company/financial-report/381906/content
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hL
Agree: "HIRU have done nothing to counter..."
Tweet, and it continues:
https://x.com/EricRontero/status/1713994812314238977?s=20
12. Contingencies and Commitments (ending 6.30.23)
"From time to time, the Company may be involved in litigation relating to claims arising out of operations in the normal course of business. As at the end of current reporting period, there were no pending or threatened lawsuits that could reasonably be expected to have a material effect on the results of operations and there are no proceedings in which any directors, officers or affiliates, or any registered or beneficial stockholder, is an adverse party or has a material interest adverse to the Company’s interest."
https://www.otcmarkets.com/otcapi/company/financial-report/377930/content
Personal Commentary: I suppose the above will have to be changed in the next Quarterly Filing?
Also from WTER's last Quarterly ending 6.30.23:
Item 1. Legal Proceedings
"We know of no material pending legal proceedings to which our company or any of our subsidiaries is a party or of which any of our properties, or the properties of any of our subsidiaries, is the subject. In addition, we do not know of any such proceedings contemplated by any governmental authorities.
We know of no material proceedings in which any of our directors, officers or affiliates, or any registered or beneficial stockholder is a party adverse to our company or any of our subsidiaries or has a material interest adverse to our company or any of our subsidiaries."
https://www.otcmarkets.com/filing/html?id=16944770&guid=DB5-kanF-syeJth
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Note how carefully those statements are worded.
IMO, the careful wording allows them to have ongoing litigation, without always disclosing it in the filings.
In HIRU's case though, I'd imagine they would have to disclose at least some of this litigation in the next Quarterly, imo.
...at least the stuff that happened before 9.30.23...and the others after, as subsequent events, although that isn't always done.
Not an Attorney. hL
"Qualifying our Manufacturing Facility to be up and going and delivering in November..."
IMO, that means Wm. Dewey Rushing is making progress in getting the FDA and CGMP approval.
That announcement of an FDA approved facility will be a nice pivot forward, imo.
We are delighted to announce that our COO, Dr. David Aguilar, has shared a new message with us. He has given us some exciting updates on our progress and our future plans. We look forward to keeping you informed as we continue to work hard and achieve our goals.$SHMN pic.twitter.com/pl7UQ8jZtm
— SOHM, Inc. (@sohminc) October 16, 2023
We are delighted to announce that our COO, Dr. David Aguilar, has shared a new message with us. He has given us some exciting updates on our progress and our future plans. We look forward to keeping you informed as we continue to work hard and achieve our goals.$SHMN pic.twitter.com/pl7UQ8jZtm
— SOHM, Inc. (@sohminc) October 16, 2023
Thank you for digging by the way. I'm not trying to discourage you either, it's your money and you deserve to know what's going on with your investment. I was just throwing out my two cents worth of precaution. In the link you provided, it doesn't give a lot more details, so we might only be seeing the surface.
One thing that's discouraging about Maricopa County, and others, is they make you jump through hoops to get your hands on court documents. Most just throw their hands up, imo.
hL
Speculation is right, I've done it too. An ihub friend (I'll call her if she'll let me), and also an Attorney, gave us all some advice one time on a different board. Basically she said she doesn't even read most complaints, lawsuits, until the Judge rules.
Everything in between is "tit for tat" from complaint, to motions, to counter complaints, evidence submitted by Plaintiff's and Defendant's legal reps, etc. Nothing is solid until all evidence is heard, all sides are presented, and the Judge rules. And the courts often grind at a snails pace.
Meanwhile, all the legal prognosticators (without a license) draw conclusions and make judgements, and attempt to explain legal terminology, even though they aren't the Judge.
Not pointing fingers, or saying we shouldn't be aware of what's filed. We should be careful though, as legal complaints can be complicated and misleading to us observers and the courts take time unfortunately.
hL. Not an Attorney.
It wasn't Kathryn's house, she was not on Title. Joel Natario was showing as the owner on Title a few months ago at the Maricopa County Treasurers office, I believe. At that time, I don't believe he was listed as Trustor. He also shows as the Seller of the house, selling to some people that had it up for rent immediately.
I don't know Arizona law as far as Trustee's Deeds are concerned, and do not know who the "Trustee" (James Burns) is or how he fits in as Trustee of the named LLC from Florida. Also, I don't know where the "Assignments of Rents " reference comes into play in your link, but usually that means that if you rent out an investment property, and you don't pay the Mortgage, that the Lender has a right to collect the Rents to pay the Mortgage. (Rents Assigned in case of default) Again, that could be different in Arizona.
What I do know is that Kathryn was not the "owner." She moved into that house after she left her last address out East.
I also don't know if she's ever been married to Joel, or if it matters in Arizona, or if she has some sort of spousal rights to the equity (if any) of the Arizona property. The only reason I say that is because she is on a couple public records as Last name Natario. (Right or wrong?) I think POP referred to someone as her "boyfriend" so I assumed that was Joel.
But to pick up from your recent post, Joel has issues, one notable is a $5M judgement against him in Maricopa County with about 20 Plaintiffs.
I'll follow this up with the next post.
hL
All true. Here's the conundrum.
IF... Kathryn fully/partially acknowledges the current supposed issues, lawsuits (complaints) payables problems, etc...beyond what she has already quietly hinted at...and what's in the public court records...and her PR's...
THEN...she also airs the dirty laundry out to her customers that are left, and her future customers, East Coast prospects, etc.
IF...she plans to fight and stick to her most recent PR...
THEN, she might have to do so carefully and with legal help and representation? Which if she's pursuing, legal counsel might advise her on how much to say, or not, how and when. (I'm not an attorney.)
___
The flip side is that she's in on the whole thing which some assume, but that doesn't jive with what Miro is saying, but... So it's either WTER's "issues" signaled the fall of the dominoes, or...
It's gonna take a few weeks before we know any more "truths" imo.
Respects. hL
If they lose all of WTER revs, as an example, and somehow withstand the onslaught of circus antics and rumors, lawsuits and payables, then...
$30,000,000 projected Revs times 25% (Revenues that are left from other customers wild guess) that still leaves Annual Revs at $7,500,000.
Plus potential growth.
So even worst case scenarios still say 1.7M MC is ridiculous.
Questions are, can HIRU survive, will they communicate, will they fight back, will she cut bait from her associates, is she part of the problem, can SH trust be regained, are we going to a new business model or forging ahead with her recent PR, etc, etc?
It's a soap opera at the moment. Many are gambling for and against HIRU.
imo sung. hL