franck92
4年前
I come back about the agreement HTDS-HIRU.
- HIRU claimed officially that they acquired MindUp division of HTDS.
https://backend.otcmarkets.com/otcapi/company/financial-report/28201/content
- HIRU filed a certificate recorded and signed by the HIRU's transfer agent saying they paid HTDS with at least 40 millions HIRU shares (restricted).
https://backend.otcmarkets.com/otcapi/company/financial-report/28354/content
- but in March 2010 the shares were not still given to HTDS, they used the future tense "will", we dont know if HIRU delivered the shares after this March 16, 2010 =
"Further, the company will also forward 40 million shares onto Hard to Treat Diseases'
(HTDS) security for the acquisition of MindUp BioResearch. HTDS will distribute these
shares to its shareholders as a special onetime payment. The Hiru shares will be
restricted and not immediately freely tradable. HTDS shareholders will not require
taking any action to receive the Hiru common shares on the distribution date.
Consummation of the special onetime distribution is subject to the approval of FINRA."
https://backend.otcmarkets.com/otcapi/company/financial-report/29904/content
- HIRU has integrated in their structure the MindUp division of HTDS, so there is a problem with this sale =
"Jiangxi RongYu (affiliate of HIRU) also operates a R&D lab in Belgrade Serbia, MindUp Bioresearch,
focused on cancer therapy and alternative medicine. MindUp BioResearch group is
working on establishing resistant cancer human cell lines and examining new
therapeutic modalities in overcoming resistance to standard chemotherapy. They also
perform measurements of the frequency of gene mutations and chromosomal
aberrations in patients with non-small cell lung cancer which may be potential
biomarkers and useful for target therapy."
https://backend.otcmarkets.com/otcapi/company/financial-report/31918/content
- "Hiru Corporation (HIRU) MindUp BioResearch Shares News in Cancer Research
—Filing—"
https://backend.otcmarkets.com/otcapi/company/financial-report/32664/content
- finally a problem "Hiru Corporation submitted the request for the forward split with FINRA in May, 2010 (see the
attached files for details). The company was advised by its legal counsel that the forward split
should be undertaken before issuing the share dividend to HTDS shareholders.
Unfortunately, the forward split hasn’t occurred due to administrative hurdles. The company
announces that these hurdles have been overcome, and that HIRU expects to finalize the
forward split as soon as the week of August 23, 2010."
https://backend.otcmarkets.com/otcapi/company/financial-report/35642/content
- MindUp still in HIRU structure in february 2011 (1 year after the deal)
Then apparently no news about this deal.
https://backend.otcmarkets.com/otcapi/company/financial-report/43721/content
The documents indicate the deal has been really excecuted, however the question is still where is this MindUp division now ? where are the 40 millions HIRU shares ? HTDS said they wanted to distribute the shares to HTDS shareholders, where are they ?
HTDS and HIRU shareholders need clarifications and confirmations for a better future.
franck92
4年前
Well the HIRU corporation has a new start now, but in 2010 the HTDS shareholders was going to receive 40 millions shares of HIRU , where are our HIRU shares ????
"Hard to Treat Diseases, Inc. (HTDS; www.htdsmedical.com) announced that its directors have resolved that up to 40,000,000 shares of Hiru Corporation (HIRU.PK) HTDS received for the sale of its MindUp division to Hiru will be distributed to HTDS shareholder as a special onetime payment of kind."
https://www.prnewswire.com/news-releases/hard-to-treat-diseases-htds-to-disperse-special-one-time-hiru-hiru-common-stock-81231982.html
"Under our agreement with Hard To Treat Diseases this will affect the HTDS payout from 40 million shares to about 200 million shares to HTDS and its shareholders representing the purchase of the MindUp Bio Research Division."
https://www.prnewswire.com/news-releases/hiru-corporation-hiru-to-announces-5-1-forward-stock-split-ahead-of-htds-distribution-81309032.html