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HIRU Hiru Corporation (PK)

0.0026
-0.0002 (-7.14%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hiru Corporation (PK) USOTC:HIRU OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0002 -7.14% 0.0026 0.0026 0.0027 0.0037 0.0025 0.0027 182,058,224 20:59:36

Hiru Corporation (HIRU) Finalizes China Merger Animal Health Product Company

01/06/2010 2:58pm

PR Newswire (US)


Hiru (PK) (USOTC:HIRU)
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NANCHANG, Jiangxi China, June 1 /PRNewswire-FirstCall/ - Hiru Corporation (HIRU; http://www.hirucorporation.com/) is pleased to announce the completion of a merger with Jiangxi Chuangdao Animal Health Products Co., a China-based animal health product company.

This announcement relates to the the press release on April 28 indicating that HIRU Corporation was divesting China based subsidiary Jiangxi RongYu Pharmaceutical Group, Inc.

Founded in 2000 in Nanchang, Jiangxi China Shuang Shi Animal Health Products Co., Ltd and Chuangdao Animal Health Products Co., Ltd (Jiangxi Animals Health Product Co Group) are amalgamated operations that specialize in research, development, and the production of animal health products. The specific focuses of the companies include feed additives, disinfectants, injections, powder/premix and six production lines of seven dosage forms. The company employs 268 people, including a team of highly qualified veterinary and pharmaceutical experts. In 2005, the company acquired a Good Manufacturing Practice (GMP) Certificate.

Animal Health Products Co. has ambitious long term plans. In addition to its current offerings, the company hopes to expand research and development and to introduce several new veterinary drugs to the Chinese market. Jiangxi Chuangdao Animals Health Product Co., Ltd. expects to realize an annual sales income of 227 million RMB (over $33 million USD), with average annual profits of 66.5548 million RMB (over $9.5 million USD).

The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates.

For any matters relating to retail investor queries or to send the company or its IR a message please click on the "INVESTOR SUPPORT" TAB, or the direct link http://www.minamargroup.net/helpdesk. In this regard, Mina Mar Group works diligently to answer and address all the pressing issues regarding its clients to the shareholders' satisfaction. MMG is in constant contact with the companies, addressing, obtaining and processing all inquiries. MMG is often one of the advisors or IR companies utilized by the issuer. Depending on the location of the issuer and management's availability, it may take up to several days to address any pressing issues. In a normal course of business and a pending transaction, the issuer may opt to remain silent in order not to lose advantage to a competitor. MMG is mindful that sometimes shareholders want answers immediately, which for the above reasons cannot be fulfilled on a timely basis.

Don't be a victim. Report a stock basher to authorities. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites and the remedies available to you as an individual investor. Discover for yourself why and how USA based small businesses and the backbone of the economy suffer. Stay informed and do not allow entrepreneurs dreams, innovations, and their access to capital to be thwarted as "scalpers" and day traders vigorously day in and day out try to exploit and extinguish US innovation and progress for quick profits.

Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Hiru Corporation that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Hiru Corporation cautions you that any forward-looking information provided by or on behalf of Hiru Corporation is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hiru Corporation's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hiru Corporation's control. In addition to those discussed in Hiru Corporation's press releases, public filings, and statements by Hiru Corporation's management, including, but not limited to, Hiru Corporation's estimate of the sufficiency of its existing capital resources, Hiru Corporation's ability to raise additional capital to fund future operations, Hiru Corporation's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Hiru Corporation's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hiru Corporation does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT: Hiru Corporation, www.minamargroup.net/helpdesk

SOURCE Hiru Corporation

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