Hiru Corporation (HIRU) in Negotiation Talks for Merger With a Canadian Health Products Company
November 12 2010 - 3:30PM
Marketwired
Hiru Corporation (PINK SHEETS: HIRU) (www.hirucorporation.com) is
considering a merger with a Canada-based health products company.
This company operates a full-service natural health clinic and
distributes its signature brand of health products.
The company's various products promote brain health, pain
management and hormone balance, and help combat high blood pressure
and high cholesterol. These products come highly regarded by the
Chinese market, and have already received positive online
testimonials from consumers who say using the products improved
their health.
Services at the natural health clinic include specialty massage,
EIS scanning, acupuncture, and computer-guided biofeedback
scanning.
HIRU is excited at the prospect of merging with this growing
medical company, which has distributors and franchise outlets
opening across the country. The name, revenues and all other
details will be released by the company shortly, as the discussions
progress. The company is of the opinion that this is a material
event that warrants a public announcement.
In other corporate news, HIRU intends to rescind the 5-1 forward
split previously under consideration, as upon further review the
management is of the opinion that this course of action would not
be in the best interest of the shareholders.
The company will keep the investor public appraised of future
developments.
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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 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.
Contacts: Hiru Corporation corporate@hirucorporation.com
Investor Relations 1-647-426-1640 www.minamargroup.net/helpdesk
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