HIRU Corporation (OTC:HIRU) has completed the initial phase of a comprehensive corporate restructuring, signaling a strategic pivot toward long-term, asset-backed growth in mining and natural resources.
Key highlights include the removal of legacy operations and associated liabilities, which were tied to the previous ownership group. These actions resulted in a one-time accounting gain of $1.42 million, potentially distributable as dividends, pending final confirmation. Notably, the company never assumed control of the former water bottling facility or its assets. Simultaneously, HIRU has fully integrated its mining subsidiary, now poised for expansion as the firm concentrates on resource exploration.
The company has also regained “Current Information” status on OTC Markets, following rigorous compliance efforts. Operational headquarters have been formally relocated to Atlanta, Georgia, reinforcing alignment with its U.S. incorporation and complementing its global offices in Qatar and Tasmania. Governance reforms have been enacted, with the complete removal of prior officers and installation of a focused leadership team aligned with strategic priorities.
HIRU is finalizing the appointment of an investor relations manager and is experiencing growing shareholder interest from Middle Eastern investors, particularly from Qatar. The firm is evaluating U.S.-based gold mining acquisition proposals and considering integration of Qatari assets held by its chairman. No new shares have been issued, and operations remain debt-free—fully funded through the chairman’s capital contributions.
Technicals
| +/- EMA(20) | 0.0013 (+46.15%) |
| +/- SMA(50) | 0.001 (+90.00%) |
| +/- SMA(200) | 0.0011 (+72.73%) |
| 5-Day Perf. | +35.71% |
| 1-Month Perf. | +137.5% |
| 3-Month Perf. | +216.67% |
| 6-Month Perf. | +90% |
| YTD Perf. | +90% |
| 1-Year Perf. | -20.83% |
| RSI(14) | 71.44 |
| ATR(14) | – |
| ADX(14) | 37.79 |
| Beta (5Y) | 0.20 |
