Replies to post #48685 on Hiru Corporation (HIRU)

[lumpy9200]

In my humble opinion, HIRU share price has been the victim of three things:

1) the very unusual situation in May/June of having all the 5% holders...who together owned a huge percentage of the total outstanding shares...selling their shares at the same time, with no regard for trying to sell their shares at the highest possible price like most people would do. Of course all the 5% holders work together/have links with each other, so it's not a total shock they all left at the same time. That just doesn't happen often in this world. It smashed the share price, and also eroded confidence

2) while HIRU got value for the 500 million+ shares added over the past two months (3 bottling lines for Arizona and a new plant with 4 bottling lines in California), all normal acquisitions made with shares that I'm familiar with require those shares to be restricted. All those 500 million+ added shares were unrestricted, and I'm not sure how. Yes, they probably are selling the shares and making the actual acquisition with cash, but we know that SP*S was given shares for their bottling line. Seems like all these shares are hitting the market over the last month, once again creating a similar situation to May/June. This will end though

3) the PRs and tweets have been just vague enough to allow for negative sentiment to rule at times, and the bearish case has been louder than the bullish one on social media. For example, quite a few people posted that HIRU "broke their word" about not increasing shares, and used a screenshot of HIRU's own PR to "prove that". Those posters quite conveniently left off the words "...unless used for an acquisition". Despite some attempt to show HIRU did NOT break their word, I personally know of a few longs who sold because the O/S went up and they believed HIRU broke their word.

I don't know if HIRU is still looking to buy a plant on the east coast or not, but if yes....I hope it's sooner than later (if there will be more shares issued). Once the dumping stops and the stock can move on its own merit, the millions in revenue and massive growth will drive the stock. I have complete confidence in my HIRU stock, and believe we're looking at multi-pennies in 2023. Time will tell.....

All the best,
G