...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.
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."
Adding more today
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
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
☑️ 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
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.
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
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.
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
“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.
Almost entirely retail trading imo. Hardly any 5 digit trades and no after hour prints
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)
Maybe you're looking for something like this:
Volume would do wonders here.
Time is money. That speaks louder than any posts made by so many posters who spend all day, year after year, bashing a stock like DBMM
Do your thing. I wouldn't expect anything else. I'm here long though I don't post daily or even weekly, and I believe DBMM will prevail as it has recently many times over
Been saying DBMM will play well through 2023 and starting to think beyond 2024. Naked shorts have as much interest as ever and likely a shit-ton of shares to cover, hence the 24-7-365 interest for years, but the volume isn't there atm and who knows when it will be
Been here over 3 years, and many longs have been here much longer