Halitron, Inc. (HAON) Reports Record Sales as Stock Buyback to $0.01 per share Continue
February 28 2018 - 6:44AM
InvestorsHub NewsWire
Halitron, Inc.
(HAON)
Reports Record Sales as Stock Buyback to $0.01 per share
Continues
“Building Shareholder Value through Strategic Acquisitions”
Miami, FL -- February 28, 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 that it reported $724,000 in sales
for 2017 and $407,000 in Q4 2017 alone.
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
Highlights from Halitron, Inc.'s
(OTC
Pink: HAON) Financial Press Release:
- Sales have increased to
approximately $407K in Q4, 2017, which represents 150% over
approximately $163K for Q3 3017. There were no sales for 2016
to compare, as the strategic acquisition is now the foundation for
the team to build on.
- Direct Gross Margins for
the portfolio manufacturing company were 65.6% for the
quarter.
- Management has begun to
and is committed to acquiring additional shares back in the open
market to help support an increase in share price, of up to $0.01
per share. This is done in an effort to meet one of the
qualifying factors of an up-list to the
OTCQB.
- A US GAAP audit, another
qualifying factory for the up list to the OTCQB will commence
quickly as the relocation of the HOPP assets is now nearly
complete. Management will provide an update over the coming
weeks on a more precise timeline on its
completion.
According to OTC Markets, the current market cap of Halitron, Inc.
(OTC
Pink: HAON) is approximately $2.4 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) 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.
Growth and shareholder valuation has always been Halitron’s
priority. We are excited to see the prior two years of hard
work come to fruition. Halitron has been looking into other
acquisition targets in many growth sectors as a further investment
for our shareholders, but in order to differentiate ourselves from
the masses, we will only enter into a transaction with a company
that has an already established foothold in a specific growth
space.
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
Efuel EFN Corp.
Efuel EFN Corp. (OTC:
EFLN) has been hot on the press since February 13th
concerning investments in cryptocurrency and blockchain technology.
Shares have risen and fell approximately 120%, however nothing beat
its move yesterday by filing with OTC Markets to remove its Caveat
Emptor Status. Shares spiked an additional 100% to .0034
before giving back half at the close. Candlesticks are
indicating a down open.
Have a look at Halitron, Inc. (OTC
Pink: HAON)
Bell Buckle Holdings, Inc.
Shares of stop sign company Bell Buckle Holdings, Inc. (OTC:
BLLB), have shot up over the past four trading days 5,700%
despite the resignation of the CEO and no other announcements or
disclosure since 2007. Shares gave back about 50% however towards
the close yesterday, and unless something is announced, it appears
to have a bearish outlook.
Clikia Corp.
Clikia Corp. (OTC
Pink: CLKA), despite a few bumps along the way, have had their
shares almost completely evaporated. The stock is down 97%
over the past 12 months with, what would seem to be no light at the
end of the tunnel. Despite its recent news as stated, being
“solidly positioned as seismic shift towards streaming”, shares
continue to fall.
In the meantime, have a look at Halitron,
Inc. (OTC
Pink: HAON). Here’s a trip-4 with a market cap of
$2,400,000 that just released a record numbers while the company
buys its shares back in the open market.
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