Hiru Corporation (HIRU)

[hardlesson]

"Pocketing Profits?" Read the Filings. Not that anyone will spend the time, and most can't balance a checkbook, but the filings over 2022 show debt being paid down from profits. Millions of Dollars (cumulative) of Debt paid down, shown in the filings.

Debt added and Debt paid down. More debt added, and paid down. The 2022 Annual also shows lots of new Debt.

But some will falsely conclude that the "Company" isn't doing that, but that the CEO is "Pocketing Millions in Profits." Really, how do they know? Do any of us know Salaries?

Here's a Question...how much Debt should they have, what's acceptable? Anyone know? They say it's Bank Loans, and non-toxic...that's what the filings show...no Toxic Notes...so far.

I highly doubt Kathryn is sitting there dripping in Profits, as some falsely conclude...otherwise, how would they have paid off Millions in Debt?

However, don't misunderstand me....the end game for her and her partner is to one day soon, be able to not just earn a handsome Salary...but to increase that Salary, probably grab a bunch of those profits as compensation at some point...and more importantly after they grow this nice business...Sell it as they have the Preferred Shares...and Sell them for a nice tidy Profit, and Sail off into the sunset. That's what I would do in a few years after all the hard work pays off.

____All imo, and don't bother responding unless you have personally printed and compared each quarter for the last 24 months.

That said, it doesn't mean I'm a buyer...it's just a response to the false claim that she's dripping in profits while you lose money...as if we should all be making Millions while we she "takes on and pays" millions of Company debt.

hL hiru