other material
confidence high
sentiment positive
materiality 0.50
Hiru Corp reduces authorized common stock from 4.995B to 2B shares, commits to no increase for 3 years
HIRU Corp
- Authorized common stock lowered from 4,995,000,000 to 2,000,000,000 shares via articles amendment.
- Company agrees not to increase authorized stock for a minimum of three calendar years.
- Management states goal is anti-dilutive structure benefiting current shareholders and attracting acquisitions.
- Unissued shares remain sufficient for material acquisitions being negotiated.
- Press release issued July 13, 2021; HIRU (OTC PINK) ticker referenced.