9/23 Hiru Corporation (OTC Markets: HIRU), a Georgia corporation (the “Company” or “HIRU”), would like to announce that the
Company has acquired three additional fully automated water bottling lines.
The Company is purchasing three additional automated water bottling lines with our Common Stock
from a manufacturing plant that is closing in the State of California. The opportunity to purchase these
lines came less than a month ago. The Company was able to visit with the seller in California, negotiate
the purchase directly, and then come to terms very quickly. The Company expects to have these three
automated bottling lines dismantled and packaged for travel, transported to our facility, installed
professionally, and then approved by the appropriate government agencies in the next 120-150 days.
Ms. Kathryn Gavin (President and CEO of the Company), states…” This acquisition came exactly at
the time we needed it as everything has during the past year of operations. We have been truly blessed
at every turn since we started. With the acquisition of the SPQS gallon water bottling line we
announced earlier this week, the purchase of these three automated water bottling lines now fully
completes the operational footprint of our current manufacturing facility. These lines will be placed in
bay three through five which each have previously been designed and constructed to utilize an
automated water bottling line. Additionally, the nature of the purchase of these lines with the issuance
of Common Stock has saved the Company more than $2,00,000 USD in cash and will now allow us to
fully service all the current and projected future product invoices from our two largest clients without
a significant outlay of the Company’s cash flow or take on additional debt and its related ongoing debt
service. We have now become one of the largest commercial water bottles copackers on the West Coast
of the United States. Looking back at the last year of operations, we have come along way. We have
taken advantage of every opportunity to expand our manufacturing capabilities which has allowed us
to prove to our largest clients that we can meet their manufacturing demands on an ongoing basis, as
needed and required. This has spurred our rapid growth both on the side of our manufacturing
capabilities, but more importantly in our continued receipt of additional larger invoices from our
clients.”
Disclaimer Regarding Forward Looking Statements
Certain statements that we make may constitute “forward-looking statements” under the Private
Securities Litigation Reform Act of 1995. Forward-looking 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 expressed in the forward-looking statements.? We caution investors not to
rely unduly on any forward-looking?statements.
https://www.otcmarkets.com/stock/HIRU/news/3-New-Water-Bottling-Lines?id=373566
