Hiru Corporation (HIRU)

[QuantumTravesty]

Six months ago WTER was $0.11 and did a 1/15 RS and it didn’t seem to change their ability to grow revenues to $63 million, reduce losses and identify $22 million of further cost savings and margin improvements
Pre-split it’s trading at $0.029 now. They’re on notice for the delinquent 1st Q filing now that they filed the late 10-K. Another 180 day notice of not meeting minimum bid with 180 days to fix it is likely.
They lost ($0.45)/share this quarter or $4.68 million (if the data I saw is accurate) so they’ve got a great price to earnings ratio lol.
Looks like typical “growth stock”, penny stock stuff that perpetually lose money until they don’t.
As long as they stay open and maintain or improve sales their stock condition shouldn’t have any bearing on Hiru.
I would think the brand A88 is worth more than the current $4.5 million market cap.