Halitron, Inc. (HAON) Buying Back Shares to $0.01 per Share - Streamlining Operations Costs Down 63%

Halitron, Inc. (HAON) Buying Back Shares to $0.01 per Share – Streamlining Operations Costs Down 63%

“Building Shareholder Value through Strategic Acquisitions”

Miami, FL -- February 6, 2018 -- InvestorsHub NewsWire -- 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).

Halitron’s (OTC Pink: HAON) just announced the streamlining of operations which is expected to reduce direct costs by 63% while improving margins, and ultimately improving the bottom line for shareholders. The benefits should be noticed on Halitron’s P&L and ultimately translated to the Company’s balance sheet.

Management has allocated funds for two purchases of Halitron common stock in the open market, and the Company hopes that additional funds for purchases of common stock will be available in the future as a result of the relocation and operational expense reduction.

Management anticipates that the Company will continue to buy back shares as cash flows from operations are available. The stock buyback purchases will be reported in Halitron’s quarterly filings.

The board has previously approved a stock buyback of Halitron’s common shares in the open market to a stock price of $0.01 per share.

Halitron’s mission is to build shareholder value through strategic acquisitions of high growth companies that feature distinguishable product characteristics within lucrative sectors of the marketplace.

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

According to OTC Markets, the current market cap of Halitron, Inc. (OTC Pink: HAON) is approximately $2.9 million and as such, its shares can have a dramatic upside.

Other recent developments of Halitron, Inc. (OTC Pink: HAON)

Halitron, Inc. (OTC Pink: HAON) is currently completing its audit which will allow it to qualify for an up list to the OTCQB in the early part of 2018.

Recently, Halitron, Inc. (OTC Pink: HAON) announced that it booked $342,000 in revenue for the fourth quarter 2017 which represents a 110% increase in sales over the third quarter 2017.

The company stated in a recent press release… “With a market cap of only approximately $1,324,000, Management is excited to announce that its sales for the three months ended December 31, 2017, have been recorded at approximately $342,000, which represents an increase of 110% over its previous quarter sales of approximately $163,000, for the three months ended September 30, 2017.”

If sales continue at only half this pace throughout 2018, the company could be looking at over $3 million in sales for 2018.

Halitron, Inc. (OTC Pink: HAON) also announced the successful negotiations to modify an existing agreement to reflect the following impact on Halitron’s financial books and records.

Halitron has returned 56 million restricted common shares and 80 million Life’s Time Capsule Services, Inc.’s (“LTCP”) Preferred Stock C shares to LTCP in exchange for the receipt of a note payable for $3 million, bearing interest of 4%, which matures in July 2020.

In the transaction, the assets sold to LTCP in the original transaction will revert to a Halitron asset on its balance sheet. In 2020, upon receipt of the $3 million principal and interest along with Halitron’s Board of Directors’ approval, Management will submit corporation action paperwork to FINRA for the issuance of a cash dividend to its shareholders, of which record, and payment dates will be announced post receipts of the settlement of the note payable for $3 million.

Founded in 2003, Halitron (OTC Pink: HAON) weathered the economic down turn of 2008 within the digital gaming industry, and began a restructuring with Warren Wheeler elected Chairman and CEO in 2014. His vision was to implement a growth model and acquired NDG Holdings, a business processing organization, (BPO) focusing on digital development and marketing in 2015. By 2017, the company was focused on multisector diversification including Beverages, Digital Storage, Manufacturing and Direct Marketing.

Halitron, Inc. (OTC Pink: HAON) and has had a long journey but is just beginning to realize the fruits of its labor.

Today Bernard Findley sits at the helm as Chairman and CEO of Halitron, Inc. (OTC Pink: HAON). Mr. Findley brings 20 years of experience working with small to mid-sized businesses from acquisition, to maximizing growth, and the ultimate sale of the business.

From 2008 through 2012, he rolled up and then exited 16 brands that, without his guidance, were bankrupt or out of business. Today, these brands exist and are operating under new owners. He then began to develop the latest business model of a roll-up strategy through acquisitions utilizing a small publicly traded company, 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

Other Companies in the news and featured on EmergingGrowth.com

Unbra Applied Technologies Group, Inc.
Shares of Umbra Applied Technologies Group, Inc. (OTC Pink: UATG) continue to hit new lows since shares spiked 100% beginning the end of January. The strange thing is, the stock rose on a total volume of less than $100,000.00, however in its fall, it gave back all its profits plus 30% in trading approaching $1 million in dollar volume. Textbook toxic debt conversion? If so, we’re going to see trips in the near future.

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

Central Wireless, Inc.
Skull and Crossbones company Central Wireless, Inc. (OTC: CWIR) has been on a steady slide giving back 80% over just about the past quarter. Shares spiked yesterday 150%, potentially minutes before the company entered “trip zero” territory. There has been no developments either financial or otherwise with exception to the Attorney letter filed by Santacroce Law Offices on Feb. 4, 2018. In it, the firm states that they have been engaged “for the purposes of compiling the information… for the OTC Disclosure and news Service.”
LandStar, Inc. (Data443 Risk Mitigation, Inc.)
After a 450%, 7 day run, Landstar, Inc. (OTC Pink: LDSR) seems to be making a U-turn. Its blinker is flashing and well see how we open. The stock gave back about 25% towards the close yesterday along with many others due to overwhelming profit taking in the market as a whole. What’s interesting here is the fact that the company just announced that it “contributes to Ripple”, which has been down substantially with the rest of the crypto market.
In the meantime, have a look at Halitron, Inc. (OTC Pink: HAON). Here’s a trip two with a market cap of $1,324,000 that just released a 110% increase in Q4 revenue over Q3 to $342,000.00, a stock buyback to the point of .01, and $3 million in assets being added to the balance sheet.

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