Hiru Corporation (HIRU) Moving Forward Outlook
Hiru (OTC Pink: HIRU) has undergone significant changes, including a control block sale of preferred shares and new management. The company is addressing a $1.4 million debt, secured by water equipment, with potential buyers considering the purchase. HIRU is shifting its focus to acquiring and collaborating with profitable mines and large real estate construction projects, aiming to develop into a small conglomerate.
The company is eyeing mining projects valued between $70 to $150 million, with full mining reports and audited financials. HIRU plans to establish offices in New York and either Toronto or Vancouver to leverage strong mining circles. The company has also launched its X (Twitter) account as part of its new direction.
Hiru (OTC Pink: HIRU) ha subito cambiamenti significativi, tra cui un trasferimento di controllo attraverso la vendita di azioni privilegiate e una nuova gestione. L'azienda sta affrontando un debito di $1,4 milioni, garantito da attrezzature idriche, con potenziali acquirenti che considerano l'acquisto. HIRU sta cambiando la sua attenzione verso l'acquisizione e la collaborazione con miniere redditizie e grandi progetti di costruzione immobiliare, puntando a svilupparsi in un piccolo conglomerato.
L'azienda sta puntando a progetti minerari valutati tra $70 e $150 milioni, con report minerari completi e bilanci auditati. HIRU prevede di stabilire uffici a New York e in una delle città di Toronto o Vancouver per sfruttare solidi circuiti minerari. L'azienda ha anche lanciato il suo account su X (Twitter) come parte della sua nuova direzione.
Hiru (OTC Pink: HIRU) ha experimentado cambios significativos, incluyendo la venta de un bloque de control de acciones preferentes y una nueva gestión. La compañía está abordando una deuda de $1.4 millones, asegurada por equipos de agua, con compradores potenciales considerando la compra. HIRU está cambiando su enfoque hacia la adquisición y colaboración con minas rentables y grandes proyectos de construcción inmobiliaria, con el objetivo de desarrollarse en un pequeño conglomerado.
La compañía está interesada en proyectos mineros valorados entre $70 y $150 millones, con informes mineros completos y estados financieros auditados. HIRU planea establecer oficinas en Nueva York y en Toronto o Vancouver para aprovechar fuertes círculos mineros. La empresa también ha lanzado su cuenta en X (Twitter) como parte de su nueva dirección.
히루 (OTC 핑크: HIRU)는 우선주 매각과 새로운 경영진을 포함하여 중요한 변화를 겪었습니다. 이 회사는 수자원 장비로 담보된 140만 달러의 부채를 해결하고 있으며, 잠재 구매자들이 인수를 고려하고 있습니다. HIRU는 수익성 있는 광산과 대형 건설 프로젝트를 인수하고 협력하는 방향으로 전환하고 있으며, 작은 대기업으로 발전하는 것을 목표로 하고 있습니다.
회사는 7천만 달러에서 1억 5천만 달러 사이의 가치가 있는 광산 프로젝트를 주목하고 있으며, 완전한 광산 보고서와 감사된 재무제표를 보유하고 있습니다. HIRU는 뉴욕 그리고 토론토 또는 밴쿠버에 사무소를 설립할 계획으로, 강력한 광산 네트워크를 활용할 것입니다. 또한 회사는 새로운 방향의 일환으로 X (트위터) 계정을 개설했습니다.
Hiru (OTC Pink: HIRU) a subi des changements significatifs, notamment la vente d'un bloc de contrôle d'actions privilégiées et une nouvelle direction. L'entreprise s'attaque à une dette de 1,4 million de dollars, garantie par des équipements hydrauliques, avec des acheteurs potentiels qui envisagent l'achat. HIRU change son orientation pour acquérir et collaborer avec des mines rentables et de grands projets de construction immobilière, visant à se développer en un petit conglomérat.
L'entreprise envisage des projets miniers d'une valeur comprise entre 70 et 150 millions de dollars, avec des rapports miniers complets et des états financiers audités. HIRU prévoit d'établir des bureaux à New York et soit à Toronto, soit à Vancouver pour tirer parti de cercles miniers solides. L'entreprise a également lancé son compte X (Twitter) dans le cadre de sa nouvelle orientation.
Hiru (OTC Pink: HIRU) hat bedeutende Veränderungen durchlaufen, einschließlich des Verkaufs eines Kontrollblocks von Vorzugsaktien und einer neuen Geschäftsleitung. Das Unternehmen befasst sich mit einer Schuld von 1,4 Millionen Dollar, die durch Wassergeräte gesichert ist, wobei potenzielle Käufer den Kauf in Betracht ziehen. HIRU verlagert seinen Fokus auf den Erwerb und die Zusammenarbeit mit profitablen Minen und großen Immobilienbauprojekten, mit dem Ziel, sich zu einem kleinen Konglomerat zu entwickeln.
Das Unternehmen hat Projekte im Bergbau im Wert von 70 bis 150 Millionen Dollar im Blick, mit vollständigen Bergbaudokumentationen und geprüften Finanzunterlagen. HIRU plant die Eröffnung von Büros in New York sowie entweder Toronto oder Vancouver, um starke Bergbaukreise zu nutzen. Das Unternehmen hat außerdem sein X (Twitter) Konto als Teil seiner neuen Ausrichtung gestartet.
- Control block sale of preferred shares completed, indicating potential new strategic direction
- New management team in place, focusing on future growth
- Shift in business focus towards profitable mines and large real estate construction projects
- Targeting mining projects valued between $70 to $150 million
- Plans to establish offices in New York and a Canadian city with strong mining presence
- $1.4 million debt remaining on HIRU's books, secured by water equipment
- Uncertainty regarding the sale of water equipment and potential impact on debt resolution
- Lack of detailed financial information due to OTC rules on news releases ahead of official filings
New Officers and Directors, Off Market Private Transaction Completed Control Block Sale of Preferred Shares, FAQ Addressed, Forward Outlook Guidance, and New X (Twitter Acc)
West Palm Beach, Florida--(Newsfile Corp. - August 1, 2024) - Hiru Corporation (OTC Pink: HIRU) (The Company) on July 26, 2024 Completed an Off Market Private Transaction Control Block Sale of Preferred Shares. This event and other events were filed as Supplemental Filing on OTC Markets, and as a 8k with the SEC.
https://www.otcmarkets.com/otcapi/company/financial-report/408109/content, https://www.otcmarkets.com/filing/conv_pdf?id=17716956&guid=YBO-knmv0E5eJth
HIRU addresses shareholders frequently ask questions regarding past management affairs of HIRU and the
https://www.investopedia.com/terms/b/backstop.asp#:~:text=In%20corporate%20finance
Indeed, we are familiar with the affairs of ex-management (management prior to the interim management), however we cannot dwell in the past. Our focus is on today and HIRU's future. We have also received full disclosure of this debt and the relationship of the creditor, and the M&A firm that introduced us to HIRU. Obviously, there are other WIN-WIN benefits for us and our shareholders for choosing HIRU over other options.
To that end, we would like to address HIRU's moving forward plans, HIRU's corporate vision, and future growth strategy. The company's new focus is on acquiring and/or collaborating with and merging both large and small profitable mines, as well as large real estate construction projects. Our vision is to develop the Company into a small conglomerate. Another of the FAQ's is "how big is it?" New OTC rules sanction companies that release news ahead of official filings. Without getting into details, or "stepping on anyone's toes" we can safely say some significant mines we have certain relationships with are between
The next FAQ we received was: Why did we choose OTC Markets? Our answer is simple. Why not? We have no plans to dilute. Our share structure is unchanged. We see this endeavor as a WIN-WIN all-around where retail shareholders can reap the benefits of our efforts as we grow together. As per 8k and OTC filing(s) currently we are targeting New York, New York as our home office location with an additional office in either Toronto or Vancouver, Canada. Both Canadian cities have strong mining circles which fit our narrative.
In other Company news and events, the Company has launched its X (Twitter) Account https://x.com/HIRUMining
More news will follow promptly.
About Hiru Corporation
HIRU is a holding Company (The Company) in the finance and mining sector quoted on OTC: HIRU. The Company also operates a small e-commerce division.
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.
Contact:
Irina Veselinovic
Website: www.otchiru.com Phone: +1 954-228-1053 Email: corporate@otchiru.com
SOURCE Hiru Corporation
New X (Twitter) Account https://x.com/HIRUMining
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218517
FAQ
What is HIRU's new business focus after the management change?
How much debt does HIRU currently have on its books?
What is the value range of mining projects HIRU is targeting?
Where does HIRU plan to establish its offices?
Has HIRU launched any new social media presence?
