Hiru Corporation (HIRU)

[QuantumTravesty]

Y/w. My take is they’re clear about the plan and cost to buildout a ubiquitous brand. You don’t get here by accident and go “Oops I guess we’re done”

As of March 31, 2023, we had an accumulated deficit of $137,078,578.

Their losses are in marketing, customer acquisition, gaining market share not in selling water.

They will issue/sell stock and borrow etc to fund gaining market share as long as there’s a market opening and the water is selling out.
They may run a quarter billion to half billion dollar accumulated deficit before they are everywhere and commonly known.
At that point the buildout is done and costs go down and roi begins.
Typically at that point a buyout from a major comes along and the quarter billion dollar accumulated deficit becomes a loss carry forward asset to the buyer and part of the $$$ buyout equation.
That’s what it looks like to me.