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Tuesday, February 22, 2022 10:11:55 AM
PHOENIX, Feb. 22, 2022 /PRNewswire/ -- Hiru Corporation (OTC Markets: HIRU), a Georgia corporation, would like to announce 4th quarter ended revenues of $976,544 USD and a significant increase in our asset base as shown on our current balance sheet.
The Company had previously reported anticipated revenues for the fourth quarter of $1,000,000 USD. The 4th quarter revenue results were almost 4 times the revenue booked for 3rd quarter ended 2021. Again, the Company met its mark and fully expects this trend will continue off into the foreseeable future.
Ms. Kathryn Gavin (President and CEO of the Company), states…" We were just under our predicted revenue for 4th quarter ended 2021. We fully expect that during calendar year 2022 we will increase top line revenues each quarter as we move forward to full production of our current bottling lines and the additional line that is going online this week. The future of the Company is solid and our continued growth in all areas of our business operations is exciting to say the least."
The Company expects revenues to increase to approximately $1,500,000 USD for the end of the 1st quarter of 2022 and will hit $3,000,000 USD for the end of the 2nd quarter of 2022. The continued revenue growth is a direct result of our new bottling lines being in full productions allowing us to meet our contractual requirements with our new and growing client base."
Ms. Gavin further stated… "Additionally, we would like to announce that we are processing the final documents with our legal counsel and our stock transfer agent to cancel the 288,012,618 shares of Common Stock that we announced in late November 2021. When this is completed, we will notify the public that it has been completed and the amount is deducted from our issued and outstanding common stock by our new transfer agent, Empire Stock Transfer based in Las Vegas, Nevada. The New issued and outstanding common stock will be 1,4650,1659,677 which is a 16.47% decrease."
https://www.prnewswire.com/news-releases/hiru-corporation--4th-quarter-revenue-results-301487520.html
HIRU $$$
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