HIRU starter today at .0006. Been awhile since I been in this one but the news today looks like they are heading on the right path.
Hiru Corporation (HIRU) Announces Return of 1 Billion Shares
7:46 AM ET 4/26/24 | Dow Jones
Miami, Florida--(Newsfile Corp. - April 26, 2024) - Hiru Corp (OTC Pink: HIRU), www.otchiru.com, announces the return of 1 billion shares to its treasury.
Following diligent efforts, the Company has successfully recovered 1 billion common shares, with the claw back provisions. The company originally had aimed to reclaim between 400 to 600 million shares issued to the ecommerce & shipping acquisition. This claw back stems from certain milestones HIRU management placed on the ecommerce / shipping acquisition which were not met. Our current share structure will change from Outstanding Shares: 3,451,425,394 - Restricted: 1,008,037,547 - Unrestricted: 2,443,387,847 - To:
Outstanding Shares: 2,451,425,394
Restricted: 8,037,547
Unrestricted: 2,443,387,847
Notwithstanding the return of this 1 billion shares, the Company through a complex debt swap and certain financing the Company reacquired, on all cash basis, the logistics business and the retail portal thefixtureplace.com. Revenues and expenses together with the financing will be reflected in the Company Q2 disclosure. By all indications, the Company expects to make a tidy profit moving forward with the current right sized business model.
