MindUp BioResearch (HIRU) Shareholder Corporate Update
July 06 2012 - 1:40PM
Marketwired
Hiru Corporation (PINKSHEETS:HIRU) www.hirucorporation.com Mind Up
Bio Medical operating subsidiary management and directors are
providing this update to its followers.
It has been a while since we updated our followers and
shareholders on various activities of HIRU. We bring attention to
our news release of August 4, 2011. At that time HIRU management
was entertaining the prospect of spinning Mind Up out of HIRU and
to have the China operating medical company be solo in HIRU. We
know that the China operating company went completely dark and
frustrated with the extremely low valuation the market was
attributing to HIRU. We at Mind Up feel we have a fiduciary duty to
our shareholders and followers to preserve and maintain shareholder
values. To that end we have reached out to the preferred
shareholder to assist us in restructuring HIRU into a vibrant
upward mobile company. This has been satisfactorily completed.
Immediate and upcoming plans include:
1. Subscription and commencement of reporting to OTC Markets
2. Filing our financial statements
3. Removal of the "skull and bones" rank from HIRU quote
4. New updated info on the corporate web site(s)
5. Taking legal and other available remedies to recover our stock back to
treasury for China ops
6. Bringing State filings current
7. As Mind Up is a research medical operation, to seek a viable USA based
merger candidate.
HIRU management do not foresee satisfying #5 above as further
dilution as the stock has already been issued to the China company.
We are confident that we can recover that stock with the aid of our
preferred shareholder assistance. The company expects to complete
all of the above within the next 30-45 days.
More details will follow on a timely basis.
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.
Contacts: Hiru Corporationcorporate@hirucorporation.com
www.hirucorporation.com
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