Halitron, Inc. (OTC Pink: HAON) Closes on Non-Toxic Financing Required to Boost Revenue to $3 - 5 Million

Date : 03/06/2017 @ 6:50AM
Source :InvestorsHub NewsWire
Stock : Intercloud Systems, Inc. (QB) (ICLD)
Quote : 0.0045  -0.0003 (-6.25%) @ 3:22PM

Halitron, Inc. (OTC Pink: HAON) Closes on Non-Toxic Financing Required to Boost Revenue to $3 - 5 Million

Halitron, Inc. (OTC Pink: HAON) Closes on Non-Toxic Financing Required to Boost Revenue to $3 - 5 Million

Miami, FL- (InvestorsHub NewsWire March 6, 2017) EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Halitron, Inc. (OTC Pink: HAON).

HAON may not be at these levels much longer.

See the Press Release and more on Halitron, Inc. (OTC Pink: HAON) at EmergingGrowth.com
http://emerginggrowth.com/?s=haon

Halitron, Inc. (OTC Pink: HAON) just announced that that they closed on the $300,000.00 in financing (announced in their press release of February 27, 2017), necessary to boost revenue of its four existing legacy brands to between $3 - $5 million annually.

Fortunately for HAON shareholders, unlike many early stage companies, the $300,000 financing is in the form of a non-toxic (i.e., the debt thereunder is not convertible into equity at a discount to prevailing market prices), one year credit facility whereby the Company may draw down minimum increments of $5,000, up to a total of $300,000, which carries an annual interest rate of 8%.

Bernard Findley, Halitrons (OTC Pink: HAON) CEO stated, Today we are drawing down our first tranche of capital and are excited to implement our strategic plan,

Halitron also recently engaged Freidman LLP to perform an audit of Halitron in preparation for listing on the OTCQB market. The audit is expected to be completed by the end of March 2017 followed by the filing of an annual report (Form 10-K) with the SEC and an application to be listed on the OTCQB as a fully reporting company by mid-year 2017.

Halitron, Inc. (OTC Pink: HAON) also recently announced that it is in the final stages of a spin out and merger transaction that has been in the works for the past three months.

Two of Halitron, Inc.s wholly-owned brands are in the process of being spun out into an online social marketing / digital storage company which is currently a public company.

Shareholders of Halitron, Inc., (OTC Pink: HAON) are currently expected to receive a stock dividend of 40 shares of the new Companys common stock for every 1,000 shares of Halitron, Inc.s common stock owned, subject to review and approval by FINRA.

Halitron, Inc. is expecting to announce an update on the spin out, merger, and dividend details of the two major projects which were also included in the press release of February 27, 2017.

HAON may not be at these levels much longer.

See the Press Release and more on Halitron, Inc. (OTC Pink: HAON) at EmergingGrowth.com

http://emerginggrowth.com/?s=haon

Other Companies in the news and featured on EmergingGrowth.com

Coin Citadel

Coin Citadel (OTC: CCTL) showed its first sign of weakness on Friday after its 4 day +700% Run up from .002. on Friday the stock closed at .0015 down from its well over 100% gain to .0019 intraday. The company has not issued a press release, nor a filing of any kind since January 9, 2015 and February 28, 2016 respectively.

Have a look at Halitron, Inc. (OTC Pink: HAON)

FLASR, Inc.

Despite FLASAR, Inc. (OTC Pink: FLSR) being pushed to an all time low on record volume last Thursday, it had its first positive day last Friday realizing a 150% gain. Despite releasing no news since November of 2015, Flasar did file an 8K, and an amended 8K on January 9th and 10th of this year respectively.

InterCloud Systems, Inc.

InterCloud Systems Inc. (OTCQB: ICLD) has been having a rough six months. Trading as high as .25, just six months ago, the company gave up over 90%, as it saw its market cap fall below $1,000,000 for the first time last week. On March 1, 2017, the company announced the reduction of convertible debt with the sale of its High Wire business division. At first the market reacted positive to the news but ended up giving up approximately 25% on Friday.

About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

Disclosure:

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-4266/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

CONTACT:

Company: EmergingGrowth.com - http://www.EmergingGrowth.com

Contact Email: info@EmergingGrowth.com

SOURCE: EmergingGrowth.com

InterCloud Systems, Inc. (USOTC:ICLD)
Historical Stock Chart

1 Year : From Dec 2016 to Dec 2017

Click Here for more InterCloud Systems, Inc. Charts.

InterCloud Systems, Inc. (USOTC:ICLD)
Intraday Stock Chart

Today : Thursday 14 December 2017

Click Here for more InterCloud Systems, Inc. Charts.

Latest ICLD Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.