Hiru Corporation (HIRU)

[SpacMan]

I'll give you Q3. Sure why not. I could go on about all the things they said they do then didn't, pretty sure they said end of Q2. But sure.

You are a fool if you believe unaudited numbers from an OTC stock. It "Making sense" is something you hope for, not proven out. "Many big customers". No they don't. WTER is their main revenue driver. They don't give us contract size / purchase orders. Nobody truly knows the ratio of WTER to everyone else. If they are expanding so much, why is half the Denman facility up for lease?

No they did not suspend the buyback while negotiations for an east coast plant is ongoing. You made that up. They literally said the buyback would continue last week (it didn't). Why did WTER give the east coast contract to someone else? What difference does $25,000 in share buyback make when Denman cost $6,000,000. That extra $25,000 is going to make or break a deal? Damn, maybe they are in worse financial shape then I thought!

WTER is a concern now because its trading like its going bankrupt. They are a sub $4m market cap company now. Almost 1/3 of where they were a month ago. They need to raise another $15-20m to stay afloat. They are drowning in debt. You can dilute + reverse split right up until you can't anymore. Revenue doesn't mean shit once lending conditions tighten up like they have and you can't raise new cash. Money was cheap for 20 years with low rates. Now its not. A88 is not a valuable brand lol Maybe in your head only when you're pumping but even if it was, nobody is paying top dollar for it when they can just make a bid in bankruptcy proceedings.