HIRU 8-K
HIRU Corp (HIRU)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
February 2, 2024
Date of Report (Date of earliest event reported)
HIRU Corp.
(Exact name of registrant as specified in its charter)
| Georgia | 001-13226 | 58-1861457 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
5524 N. 51st Avenue Glendale, Arizona |
85301 | |
| (Address of principal executive offices) | (Zip Code) |
(928) 408-4486
Registrant’s telephone number, including area code
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| N/A | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
On or about May 22, 2022, the issuer HIRU entered into a certain loan agreement of $1.4 Millions with Bayern Industries (the “creditor”). The proceeds of the loan were used for the purchase of water equipment for business expansion and operating cash.
The loan was reflected in the Company’s financial statement and grouped with other loans of the issuer. It does not specifically identify the Bayern creditor by name. The issuer was a non-reporting issuer with the SEC at the time. The status of the issuer remains unchanged.
The creditor filed a UCC notice in the State of issuers operations and its subsidiaries. (attached as exhibit 99.1)
In July 2023 the Company defaulted on the Bayern obligation.
| Item 5.01 | Changes in Control of Registrant. |
The new management that took over the Company on or about October 16, 2023 and filed the same with OTC Markets. The issuer filed additional board notes and minutes on OTC Markets as follows:
| November 13, 2023 | https://www.otcmarkets.com/otcapi/company/financial-report/386038/content |
| November 10, 2023 | https://www.otcmarkets.com/otcapi/company/financial-report/385879/content |
The issuers Principal Executive Offices are located at
500 S Australian Ave
Suite #600
West Palm Beach, FL 33401
Regarding continued water operations and loan default to Bayern the Company has reached an agreement in principle with the creditor to restructure the loan and to resume water packing operations. A separate definitive agreement and announcement will be filed by amendment.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) Exhibits. | ||
| EX-99.1, UCC Financing Agreement |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HIRU Corp. | ||
| DATE: February 2, 2024 | By: |
/s/ Gerald Mounger |
| Name: | Gerald Mounger | |
| Title: | Chief Executive Officer | |
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Exhibit 99.1
UCC FINANCING STATEMENT FOLLOW INSTRUCTIONS A. NAME & PHONE OF CONTACT AT FILER (optional) Frederick Bauman 702 - 533 - 8372 B. E - MAIL CONTACT AT FILER (optional) [email protected] C. SEND ACKNOWLEDGMENT TO: (Name and Address) Bauman & Associates Law Firm 6228 Dartle Street Las Vegas, NV 89130, USA OR 1a. ORGANIZATION'S NAME AZ CUSTOM BOTTLED WATER LLC 1b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 1c. MAILING ADDRESS 5524 N 51ST AVE. CITY GLENDALE STATE AZ POSTAL CODE 85301 COUNTRY USA 2. DEBTOR'S NAME: Provide only one Debtor name (2a or 2b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor’s name); if any part of the Individual Debtor’s name will not fit in line 2b, leave all of item 2 blank, check here and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad) OR 2a. ORGANIZATION'S NAME 2b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 2c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY 3. S ECURED PARTY'S NAME (or NAME of ASSIGNEE of ASSIGNOR SECURED PARTY): Provide only one Secured Party name (3a or 3b) OR 3a. ORGANIZATION'S NAME BAYERN INDUSTRIES LLC 3b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 3c. MAILING ADDRESS 15711 CEDAR GROVE LN CITY WELLINGTON STATE FL POSTAL CODE 33414 COUNTRY USA 4. COLLATERAL: This financing statement covers the following collateral: 1. INCLINED BOTTLE ELEVATING CONVEYOR - PACE PACKAGING CORP. #2845 MODEL 35CUFT 2. BOTTLE SORTER / UNSCRAMBLER - PACE PACKAGING CORP. #2056 3. BOTTLE RINSER - BEVCO #J4725 4. FILLER - FILLER SPECIALTIES #11497AWFS3010L 5. CODER - JET ONE #LJ551216 - MODEL 98017000S 6. LARGE CONVEYOR TABLE - TRANS AUTOMATION TECHNOLOGIES #TAT6777 7. BOX MAKER (TRAY FORMER) - SWF #6462 - MODEL TF400VK 8. CASER - COMBI #DPI109932258 - MODEL DPI 9. STRETCH WRAPPER - OMRON #SX00747 - MODEL XP - S80251 10. CASE SEALER - LESSON #110125 - MODEL C6T17FC3G 11. RINSER - SEW EURODRIVE #81.6450437.2/1 - MODEL SA42A 12.CASE 5. Check only if applicable and check only one box: Collateral is held in a Trust (see UCC1Ad, item 17 and Instructions) being administered by a Decedent’s Personal Representative A Debtor is a Transmitting Utility 6b. Check only if applicable and check only one box: Agricultural Lien Non - UCC Filing Consignee/Consignor Seller/Buyer Bailee/Bailor Licensee/Licensor 6a. Check only if applicable and check only one box: Public - Finance Transaction Manufactured - Home Transaction 7. ALTERNATIVE DESIGNATION (if applicable): Lessee/Lessor 8. OPTIONAL FILER REFERENCE DATA: FILING OFFICE COPY — UCC FINANCING STATEMENT (Form UCC1) (Rev. 04/20/11) Filed in the Office of Secretary of State State Of Nevada Initial Filing Number 2024376164 - 6 Filed On January 24, 2024 01:47 PM Number of Pages 4 1. DEBTOR'S NAME: Provide only one Debtor name (1a or 1b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor’s name); if any part of the Individual Debtor’s name will not fit in line 1b, leave all of item 1 blank, check here and provide the Individual Debtor information in item 10 of the Financing Statement Addendum (Form UCC1Ad) — —
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UCC FINANCING STATEMENT ADDENDUM FOLLOW INSTRUCTIONS 9. NAME OF FIRST DEBTOR: Same as line 1a or 1b on Financing Statement; if line 1b was left blank because Individual Debtor name did not fit, check here OR 9a. ORGANIZATION'S NAME 9b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX OR 10a. ORGANIZATION'S NAME 10b. INDIVIDUAL'S SURNAME INDIVIDUAL'S FIRST PERSONAL NAME INDIVIDUAL'S ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 10c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY 11. ADDITIONAL SECURED PARTY'S NAME or ASSIGNOR SECURED PARTY'S NAME: Provide only one name (11a or 11b) OR 11a. ORGANIZATION'S NAME 11b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 11c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY 13. This FINANCING STATEMENT is to be filed [for record] (or recorded) in the REAL ESTATE RECORDS (if applicable) 14. This FINANCING STATEMENT: covers timber to be cut covers as - extracted collateral is filed as a fixture filing 15. Name and address of a RECORD OWNER of real estate described in item 16 (if Debtor does not have a record interest): 16. Description of real estate: 17. MISCELLANEOUS: 10. DEBTOR'S NAME: Provide (10a or 10b) only one additional Debtor name or Debtor name that did not fit in line 1b or 2b of the Financing Statement (Form UCC1) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor’s name) and enter the mailing address in line 10c — FILING OFFICE COPY — UCC FINANCING STATEMENT ADDENDUM (Form UCC1Ad) (Rev. 04/20/11) 12. ADDITIONAL SPACE FOR ITEM 4 (Collateral): PALLETIZER - COLUMBIA #9103.1206.1408 - MODEL FL100 13. CASE PALLETIZER - COLUMBIA #0896 - 1631 - 1831 - MODEL FL100 - LS 14. TWO (2) 10,000 GALLON DISTILLED WATER STORAGE TANKS, INCLUDING METAL STAIRCASE, BALDOR 10HP MOTOR WITH GOULDS PUMP 15. VAPOR COMPRESSING DISTILLER SYSTEM - 800 GPH DISTILLATE OUTPUT - AQUA CHEM #SP97 - 17686 - MODEL BR800 - SPEC - E - A 16. WIPE ON LABELER - UNIVERSAL LABELLING SYSTEM HI - SPEED WIPE ON LABELER #384 - 061 - 1 - 10L - 723 - MODEL SL - 2000 17. AUTOMATIC ROTARY ARM STRETCH WRAPPER - ORION AUTOMATIC ROTARY ARM STRETH WRAPPER #708 - 996 - MODEL MA SERIES - 1995 18. WIPE ON LABELER - UNIVERSAL LABELING SYSTEM HI - SPEED WIPE ON LABELER #SL15 - 1801R - 06 - 3152 - MODEL SL - 1500 - RH — 19.CASE ERECTOR - SWF CASE ERECTOR #6302 - MODEL 155A 20. CASE TRANSFER CONVEYOR - POWER ROLLER CASE CONVEYOR 21. TOP SEALER - ABC TOP SEALER, ASTRO HOT MELT SYSTEM 22. CASE CONVEYOR - PALLET CONVEYOR (44" WIDE ROLLERS) (1) 5' LONG (1) 5'7" LONG (1) 10'LONG - ALL APPROX 19 - 1/2' 23. BOTTLE CODER - VIDEOJET INK BOTTLE CODER #0921615C11ZH 24. BOTTLE DEBAGGER -
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UCC FINANCING STATEMENT ADDENDUM FOLLOW INSTRUCTIONS 9. NAME OF FIRST DEBTOR: Same as line 1a or 1b on Financing Statement; if line 1b was left blank because Individual Debtor name did not fit, check here OR 9a. ORGANIZATION'S NAME 9b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX OR 10a. ORGANIZATION'S NAME 10b. INDIVIDUAL'S SURNAME INDIVIDUAL'S FIRST PERSONAL NAME INDIVIDUAL'S ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 10c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY 11. ADDITIONAL SECURED PARTY'S NAME or ASSIGNOR SECURED PARTY'S NAME: Provide only one name (11a or 11b) OR 11a. ORGANIZATION'S NAME 11b. INDIVIDUAL'S SURNAME FIRST PERSONAL NAME ADDITIONAL NAME(S)/INITIAL(S) SUFFIX 11c. MAILING ADDRESS CITY STATE POSTAL CODE COUNTRY REAL ESTATE RECORDS (if applicable) covers timber to be cut covers as - extracted collateral is filed as a fixture filing 15. Name and address of a RECORD OWNER of real estate described in item 16 (if Debtor does not have a record interest): 16. Description of real estate: 10. DEBTOR'S NAME: Provide (10a or 10b) only one additional Debtor name or Debtor name that did not fit in line 1b or 2b of the Financing Statement (Form UCC1) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor’s name) and enter the mailing address in line 10c — FILING OFFICE COPY — UCC FINANCING STATEMENT ADDENDUM (Form UCC1Ad) (Rev. 04/20/11) 12. ADDITIONAL SPACE FOR ITEM 4 (Collateral): DYCO BOTTLE DEBAGGER #ORD19582/3 - MODEL 3312 25. INCLINED BOTTLE ELEVATING CONVEYOR - INCLINED ELEVATING BELT, APPROX 20' TOTAL LENGTH, WITH 12' INCLINE TAKE UP, DUST HOOD, 1/2 HP GEAR DRIVE 26. OVERHEAD EMPTY BOTTLE CABLE CONVEYOR 27. TABLE TOP BOTTLE CONVEYOR 28. OZONE GAS GENERATOR - PACIFIC OZONE #7180 - MODEL SGA240202 29. IN - LINE 5 HEAD HANDI - TAP FILLER, 50 GAL/MIN RATED CAPACITY, CAPPING STATION, WITH MOORHEAD AUTO CAP SORTER, 6 CU FT SUPPLY CAP HOPPERTURBINE METER, PUSHER, FEED / DISCHARGE CONVEYOR AND G&L 5 HP PUMP 30. TABLE TOP CONVEYOR 8" X 40' LONG — 31. 2.5 GAL CASE PACKER - 32. FLOOR LEVEL CASE PALLETIZER - COLUMBIA #8905 - 1091 - 1235 - MODEL 200SH - RSSG - T18905 33. EMPTY CASE CONVEYOR SYSTEM - HYSTROL 34. FULL CASE CONVEYOR LOOP 35. WORK PLATFORM / COSS OVER - THREE (3) CROSSOVER PLATFORMS, INCLUDING (2) 4 AND 6 STEP CROSS WALKS AND (1) MILD STEEL RAMP WITH GRATED FLOOR 36. EMPTY CASE CONVEYOR CONTROL PANEL 37. BOTTLE LINE PARTS - ASSORTED SPARE FILLER AND PALLETIZER PARTS 13. This FINANCING STATEMENT is to be filed [for record] (or recorded) in the 14. This FINANCING STATEMENT:
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17. MISCELLANEOUS: — FILING OFFICE COPY — UCC FINANCING STATEMENT ADDENDUM (Form UCC1Ad) (Rev. 04/20/11) —
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