Hiru Corp. - General Update
Hiru Corp. (HIRU) announced full production on its newly completed automated bottling line in Phoenix, AZ, which is part of a strategic shift to enhance operational capacity and meet future demand. The new facility spans 12,500 square feet and contributes to a total production space of 109,000 square feet. Additionally, a second automated bottling line is in development, slated for completion by Thanksgiving. This expansion is aimed at accommodating larger purchase orders from Alkaline88 and ensuring timely fulfillment to bolster client relationships.
- Initiation of full production on a new automated bottling line.
- Development of an additional bottling line to meet future demand.
- New facility increases total production area to 109,000 square feet.
- Strategic shift to enhance client trust and potentially increase sales.
- None.
PHOENIX, AZ / ACCESSWIRE / October 26, 2021 / Hiru Corp. (the "Company" or "HIRU" - OTC Pink Sheets:HIRU) - HIRU would like to announce that we are in full production on our recently completed fully automated bottling line. Additionally, the Company has begun the development of an additional automated bottling line which shall be completed and into production by Thanksgiving.
As stated in a previous press release, the new facility was built to accommodate several large purchase orders from Alkaline88 and to serve as a central distribution point of finished product storage for our customers. The new facility, which is now completed in production, is 12,500 square feet and houses our new automated bottling line. This new facility increased the total square feet we have under production to 109,000 square feet (e.g., Initial Facility - 11,500 Square Feet and the new Third Facility is 85,000 square feet). The new line, to be completed by Thanksgiving, is being built to accommodate an expected future increase in purchase orders in terms of both size and frequency.
Kathryn Gavin (HIRU Sole Officer and Director) stated... "This new line is a change in business strategy. It is being built ahead of time to meet the needs of our clients upon receipt of future large purchase orders without having to spend time building the necessary lines on an as needed basis as they are received. By doing so, the Company will: (1) not miss out on months of potential top line revenue; (2) allow clients to better plan their respective sales growth plans; and (3) instill trust and loyalty in our larger clients thereby potentially expanding with them as they push to expand their product sales in a growing industry.
In passing, the Company's next required quarterly filing is for 3rd Quarter ended September 30, 2021, which is not due until on or before November 14, 2021, will be filed well before this posted deadline. We expect to receive the 3rd quarter ended financial statements and notes thereto within five (5) business days and will then immediately post them for public dissemination on our landing page at www.OtcMarkets.com.
Disclaimer Regarding Forward Looking Statements
Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements.
ABOUT US
Hiru Corp. is a Georgia corporation, is a public quoted Pink Sheet issuer under the ticker symbol "HIRU" (the "Company"). The Company reports as an alternative reporting issuer with OTC Markets Group, Inc. and is current in its mandatory required filings (e.g., Pink Sheet Current). Currently, the Company has one wholly owned, operational subsidiary, AZ Custom Bottled Water, Inc., a Nevada corporation ("AZ Water"), which owns and operates a commercial water bottling and labeling facility based in Phoenix, Arizona. AZ Water operates a B2C website at https://azcustombottledwater.com/.
CONTACT:
3331 North 35th Avenue
Phoenix, Arizona 95107
Web Site: www.waterandiceshop.com
Twitter: https://twitter.com/hirucorp
Phone: 928-408-4486
Email: info@waterandiceshop.com
Contact: Kathryn Gavin, CEO
SOURCE: Hiru Corporation
View source version on accesswire.com:
https://www.accesswire.com/669709/Hiru-Corp--General-Update
FAQ
What is Hiru Corp's stock symbol?
When will the new automated bottling line be operational?
How much total production space does Hiru Corp now have?
What is the purpose of the new facility for Hiru Corp?
When will Hiru Corp file its third quarter financial report?
