Hiru Corporation (HIRU)

[satter]

The company amended its bylaws to change the "conversion rate" of its Preferred Series A Stock

The company amends the preferred Series A conversion rate: From Preferred Stock, Series “A” with a conversion rate of one (1) share of the Preferred Stock, Series “A” to twenty-thousand (20,000) shares of Common Stock of the Company, To Preferred Stock, Series “A” with a new conversion rate of one (1) share of the Preferred Stock, Series “A” to one thousand (1,000) shares of Common Stock of the Company

This relates to the court battle, the motion Miro filed to freeze Hiru's shares. Hiru has voluntarily slashed the the Preferred A conversion rate by 95%. Hiru’s management can now walk into the Florida courtroom and say:

Your Honor, Miro's emergency motion is pointless. Look at our amended annual report, we have already voluntarily neutralized the dilution power of the Preferred A shares. There is no emergency, so you don't need to appoint a receiver or freeze our company.

However If management was truly dedicated to stopping insider enrichment and saving the share structure, they would have cancelled or reversed the 515,000,000 common share grant given to the auditor's partner (Youssef Ali) on December 11, 2025.

Will this help? the Court will see the timing. They are admitting their guilt and the other side will argue they are cutting it because they got caught.