Halitron, Inc. - HAON Announces $3 Million Asset, Stock Buyback to .01

Miami, FL -- January 22, 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).

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 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.

Halitron has also begun to buy back shares in the open market according to the “black-out” periods disclosed in its filing to OTC Markets with the objective to increase its share price to $0.01 per share. The $0.01 share price is one of the requirements by OTC markets to uplist to the OTC QB. The number of shares and price paid will be listed in its quarterly filings.

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 its 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.

The current market cap of Halitron, Inc. (OTC Pink: HAON) is approximately $1.3 million, its shares can have a dramatic upside.

Previously the company announced that margins are also expected to increase due to its reduction of a manufacturing cell expenses by 65% after a move from Newton CT, to New Hide Park NY.

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

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

NorthWest Biotherapeutics, Inc.
Northwest Biotherapeutics, Inc. (OTCQB: NWBO), on Friday announced a Reg-D offering for accredited investors. This Offering will be in the form of Series B Preferred Stock convertible into the Company's common stock, and each share of Series B Preferred Stock will be convertible into 10 shares of common stock at $2.30 per share. The company will sell as many as 5.5 million shares of the series B. According to OTC Markets, there is 335 million shares outstanding. This could be an unwelcomed sign of dilution

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

ProText Mobility, Inc.
Shares of ProText Mobility (OTC: TXTM) sored over 150% during the past two trading sessions before giving back 20% but still remained over the upper portion of the Bollinger Band. This run started before and traded through news discussing a new acquisition. Shares are already up 300% since the latter half of December. It’s important to note the capital structure according to the Company’s recently filed 8K:
Capital of TXTM consists of 10,000,000,000 authorized shares of Common Stock, par value $0.0001, of which 1,946,690,324 shares are issued and outstanding (“Common Stock”) , and 25,000,000 authorized shares of Preferred Stock (of which 9,550,055 are outstanding), par value of $0.001, of which 100,000 shares are issued and outstanding (as amended), 550,055 shares are issued and outstanding as Class B Preferred, and 9,000,000 shares are issued and outstanding as Class C Preferred. Each share of Class C has voting rights attached of 200 common shares on all matters (“Preferred Stock”)
The Capital of PLSA consists of 1,000 authorized shares, of which 100 shares are issued and outstanding, which for the purposes of this agreement shall be referred to as “Capital Shares”.

Alkame Holdings, Inc.
AKLM Holdings, Inc. (OTC: AKLM) closed down 15% on Friday as predicted as investors are awaiting some sort of information in the form of news on the forefront.
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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