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The SPAC deal is the game changer. Hopefully they can pull it off.
which explains why they deactivated some of the filings on OTCM. They basically told us who it was going to be almost two months ago.
this came out on July 19th I guess he was considered to be the CEO at one time
HIRU CORPORATION OTC: HIRU
------------------ Supplemental Filing-------------
---------------------- Significant Management and Board Changes ------------------
West Palm Beach, Florida, July 19, 2024 – OTC:HIRU Hiru Corporation www.otchiru.com, a
Georgia USA-based company, is pleased to update after the market closed its shareholders and
followers re significant upcoming changes within the organization.
The preferred shareholder entered a binding LOI agreement to essentially sell 100 % of all
preferred shares (5,000,000 shares) from the current preferred shareholder Sasa Vasiljevic to
Sihem Chakroun Ep Bou Ali in an off-the-market transaction. The closing is scheduled to close
within the next 2 weeks or so (Circa July 31 to Aug 5) or as soon as all logistics can be sorted
out. A separate “closing” filing will follow on OTC and or SEC platform. Plans are for additional
filings and the mining research reports to be filed ahead of the closing date and post-closing with
OTC Markets in accordance with the rules.
The current HIRU team is excited to introduce our new incoming Board of Directors:
? Sheikh Khalid (Member Qatar Royal Family) Chairman.
? Geoffrey Summers Chief Executive Officer (CEO).
? James Peter Chief Financial Officer (CFO).
Sihem Chakroun Ep Bou Ali as a new preferred shareholder of HIRU.
See passport scrubbed ID new HIRU management time stamped expiry for security reasons
https://linksharing.samsungcloud.com/oc8t9KVak3L1
Irina Veselinovic (Current Secretary) will continue in her role, for several weeks / months to
assist in logistics OTC compliance matters and to ensure stability and continuity.
Further details regarding our mining operations and incoming mine candidates will be disclosed
in the coming days via separate OTC or SEC disclosures.
We continue to have positive discussions with Bayern Industries LLC (Water equipment
financier) regarding a full release on HIRU thus eliminating the $1,400,000.00 debt obligation.
Our aim is to have HIRU debt free and to extinguish any other convertible notes on closing date
or soon after the closing date.
We will remain committed to keeping our shareholders and stakeholders informed about our
strategic developments and progress as the previous management did as this openness and
transparency is one of the key factors that attracted us to acquire HIRU.
About Hiru Corporation
HIRU is a holding Company (The Company) holds interest in 3 operating enterprises.
1. Mining Business in Africa
2. Gold Trading / Processing (United Arab Emirates (Dubai)
3. Freight & Warehouse services with company-owned physical locations in FL and CA.
The Company also has a codeshare type of agreement to utilize up to other POP (Point of Presence)
locations throughout USA and Canada with over 25 FBA capabilities. The Company also has a welldeveloped water package infrastructure and an operating water packing division. The water division is
currently in a diversification mode & being made available for sale to a qualified buyer / operator. See
OTC Filings 3-4-24 OTC: HIRU Supplemental filing Business Alignment
Disclaimer Regarding Forward Looking Statements Certain statements that we make may constitute
"forward-looking statements" under the Private Securities. Litigation Reform Act of 1995. Forwardlooking statements include information concerning future strategic objectives, business prospects,
anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital
expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and
divestitures, anticipated results of litigation and regulatory developments or general economic conditions.
In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects,"
"forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well
as any other statement that necessarily depends on future events, are intended to identify forward-looking
statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and
assumptions. Although we make such statements based on assumptions that we believe to be reasonable,
there can be no assurance that actual results will not differ materially from those express
I'm not arguing here.things are moving in the right direction. I'm saying people come out with ridiculous predictions. .01 by the end of the week!! Like really?!?!.. I've been a share holder for almost 3 years.. that's not happening. Lets try breaking .0045-.005 first.. Now MMG is predicting in possibly 3 weeks $,03-.05.. with management thinking.35??FANTASTIC!!! let's see the filings first.. and not get ahead of the cart! Seen it 1000 times!!
If something happens and a date or price is not met due to delays the stock tanks because expectations weren't met and a negative sentiment fills the air. I'm just as excited for it to rise as everyone else. IMO
People need to stop with the price predictions. Stick to the facts only, until we see actual documents and filings. Most everything here is speculation. MMG tells us the deals are done $.03-.05. possibly $.35. dangling carrots!! They should not be talking about that without the filings and the mine evaluations. The stock will rise naturally without heavy spikes either way.
I'm trying to buy .0042 only partially filled.. No sellers out there!! So yes, this will carry higher today!!
·UPDATE FROM HIRU
$HIRU over the long weekend we expect to finalize appointment of a very senior mining Executive to our board. Hopefully this event together with other pending and outstanding filings we will will file with SEC and or OTC shortly.
I agree. This one required alot of patience(over 2 years) benefit will be long term tax rate.
What a time!! I remember day trading TSNP from around this point to .01.. then rebought back in at .02 and sold around .10..
Only regret was I wish I had more shares at the time. NOT THIS TIME.. Loaded more at this level.. This has all the potential to continue North with timely PR's and SEC filings. A push over .005 will lead to a push over .006 and so on. GLTA
Here's what happened to me today.. I sold a fraction of my shares around 1.5M of them @.004 when the BID was 50k and the ASK was 7M. Oddly enough my shares never made it to bid and was sold immediately in full without ever changing the Bid/ask.. What is happening? Could this be a buy back, shorts covering?
really havent seen any heavy dips today.. last two days of trading was not normal..
same photos!!
The sale of The Fixture Place consists of a good mix of cash and restricted shares in a $2,500,000.00 dollar transaction.
What restricted shares is he referring too?
Stuck on .0033 MM won't let it move up
GREAT DAY TODAY!!! We don't need MMG or MIRO involvement.. they keeps pushing the Sheik is the purchaser..meanwhile HIRU is waiting for proper filing and will make an announcement to who it is when ready... I don't care who the investor is as long as the Sheik is the CEO on OTCM in the next 8-72hours according to HIRU..
what do we know about this person? Sihem Chakroun Ep Bou Ali. Could he be the shareholder referenced?
Agreed!
Has this closed yet? on July 19th
The preferred shareholder entered a binding LOI agreement to essentially sell 100 % of all
preferred shares (5,000,000 shares) from the current preferred shareholder Sasa Vasiljevic to
Sihem Chakroun Ep Bou Ali in an off-the-market transaction. The closing is scheduled to close
within the next 2 weeks or so (Circa July 31 to Aug 5) or as soon as all logistics can be sorted
out.
We still need to see the Sheik as CEO per OTCM. AU Mine Analysis, announcement of large shareholder purchaser. Hence the low volume days.. But if you can pick up @.002, you'll make a nice penny..GL
Hey Calvin.. This is why I'm asking. on #14 INVESTORS it says this..
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: 3
What do you make of it. Thanks
I have a question for the board.. To me it looks like this Form D has Irina Veselinovic as the main issuer( the secretary). She is buying shares.
#14 The other box is checked off with 3 current investors who already purchased. No mention of Shiekh..WHo are the other 3 that can't be mentioned by name? Can you help explain this to me. What am I missing?
From your mouth to the Stock God's ears...lolol.
Like I said would happen with the quarterly, Lionsgate will be posted in the next one. . We now wait for August 15th for the year end. Hopefully Audited!
I'm just saying don't be shocked if the quarterly comes up empty. Hate to over promise and under deliver. We get enough of that already. Now, I would most certainly expect,without a doubt, to see the $8M filed in the annual come June with Audited financials. Best of luck to the board!!
I heard the same thing. But I don't think it is. For PR purposes yes. 8k I believe is different. Official filing is still needed.
I heard the same thing. But I don't think it is. For PR purposes yes. 8k I believe is different. Official filing is still needed.
First off, lose the pronouns Ecomike. Here is what I was reffering to.
Anticipated Filing Date:
[Please note that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or
Interim Report and 15 calendar days to post an Annual Report.]
05/20/2024
I forgot ths wasn't the annual which gives 15 days. We were only given 5 additional calender days. JB in the past, has normally filed between 8-12 days late.
We can only assume this time he actually has something to report. Hence the further delay?
Regardless, he is late again.
SAPX has 15 days from the 15th to file.
That gives us Thursday at the latest. JB has filed for extension three previous times in a row. He used "due to illness" all three times.
I'm not expecting any filings with LionsGate on this quarterly. If and a big IF something is attached then I would be surprised. LIONS filings should hit on August 15th.if he files on time. End of June is the fiscal year end and SHOULD have audited financials at that time
Hopefully we see the process has started in this filiing. Someone brought up the completion of the studio. I would have thought JB would have mentioned in a tweet praising his completion of the Dolby Atmos studio.
Everytime we get close, we take two steps back.. give it time to play out and hopefully this pays off!!
Let's see!! quarterly should be out in the next couple of days based on the past three deliquent filings.
Or just one investor scaling in. Interest has stalled for now. I'm picking up an additional 12M shares once funds clear on Thursday. Hopefully stays at 8's. Hate Etrade for changing to 3 business days.
"Under the accrual accounting method, revenue is recognized and reported when a product is shipped or service is provided. Basically, when the sale occurs."
https://www.investopedia.com/ask/answers/102814/when-revenue-recognized-under-accrual-accounting.asp
thanks for claryfying the date. My accountant friend says NO to being recorded in the 1st quarter. Revenue only recorded when services are officially rendered.
I like your enthusiasm Ecomike. Let's not forget the $8 million is from the second quarter. It will not appear on this upcoming filing. Hopefully the $15M PR shows up before 2nd quarter due date of August 15th. You should look up and watch this guy on Youtube "ClearValue Tax" gives a pretty honest opinion about what's really happening in the economy.
From your mouth to God's ear!
Consistently late filing due to health issues?
Hmmm.....
Correct me if I'm wrong but the Audited financials only pertain to fiscal years end. I believe their fiscal year ends is June 30th. So Audited financials posted by August 15th? According to JB this would merit the theory of acquisition or at least having a relationship with LION.
What do we know? well, LION is now a separate entity and is trading on the NASDAQ. This company was formed to be purchase and acquire strategic acquisitions without STARZ involvement in Atlanta, GA. Building a state of the art production and content studio. Thom or JB manages to sell off a couple of movies for a 10 year contract to STARZ. Now that LION has the capability to acquire without discretion my hope is we get acquired by LION or have a direct deal with them. According to JB we should ber able to communicate PR's with LION now.
Shareholder vote for SCRM/LION merge is on Tuesday. More of a formality. SCRM shares will become LION. Hopefully, once the dust settles we hear news of JB selling off SAPX to LION. Then we can finally take off the shackles!!
The newly merged entity, Lionsgate Studios, as a publicly traded vehicle, will be able to raise fresh capital and merge with existing businesses. Vote on May 7th. That's all JB had to say!
.https://t.co/hAiW7TdmYF
$8 trade so far! sheesh, Hold and hope for the best!
Yeah, 7's were up for grabs yesterday. Someone cleared them. News is supposed to come out today but it looks unlikely at the moment.
buyers coming in knowing news is around the corner. BUT who is selling down here?