Here is possibly the best part - according to this PR by Hiru Corp. there will be a 1 for 1 share exchange - so NO DILUTION, NO increase in O/S or float. That would be unreal - to get a merged company in PRGP without adding any shares. If it happens this way this stock will explode. See PR below.
PHOENIX, AZ, Aug 14, 2008 (MARKET WIRE via COMTEX) -- Hiru Corporation (Formally known as CU Global, Inc.) entered into a stock purchase agreement on March 25, 2008, whereby Hiru Corporation purchased control of a publicly traded corporation. The Company is currently undergoing re-structuring and re-organization to bring value to shareholders of the public entity and to Hiru Corporation.
On July 2007, the Company changed its name to Hiru Corporation from CU Global, Inc. to better reflect its corporate image and to manifest optimum risk adjusted returns by building a portfolio of business that can generate significant cash flow, without running a high degree of risk capital.
"Our fundamental philosophy is to coordinate together with the interest of our investors to produce superior risk-adjusted returns, while adhering to the highest standards of professionalism and integrity. Though we do not guarantee our investors any returns we do take into consideration our multitude of years of money management and industry expertise into account on every business transaction," explained Nehru Chomatil, President and CEO of Hiru Corporation.
Hiru Corporation will be contacting shareholders to commence a one for one share exchange with no effective dilution. This will be done by August 22, 2008. Shareholders are encouraged to contact Hiru Corporation for share exchange information.
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