Halitron, Inc. - HAON Q4 Revenue $342,000 Up 110% - Up List to OTCQB
January 16 2018 - 6:44AM
InvestorsHub NewsWire
Miami, FL -- January 16, 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 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.
During the two previous quarters, HAON has posted assets for 56
million Restricted LTCP Common Shares and 80 million LTCP Preferred
Stock C shares. The LTCP Preferred Stock C is entitled to a
dividend payment in 2020 in the form of cash or LTCP common shares
in 2020 valued at $3 million.
LTCP Management has planned to pay the $3 million payment due on
the holder of the LTCP Preferred Stock C shares upon LTCP either
completing a sufficient fundraising or generating cash flow, which
may be earlier than the planned 2020 dividend date.
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
Andiamo Corp.
EmergingGrowth.com picked
(OTC
Pink: ANDI) on December 18th, at .0003. The
company was recently the subject of a reverse acquisition by Utopya
Innovations who is promising to “take the world by storm” by
introducing inexpensive smart phones to emerging markets. The
stock closed Friday at .0095, down from its high for the day of
.012.
Have a look at Halitron, Inc. (OTC
Pink: HAON)
Infrax Systems, Inc.
Shares of Infrax Systems, Inc. (OTC:
IFXY) closed down 11% on Friday after its 700% run over the
past few weeks. Bollinger Bands and Candlesticks are pointing
down, however still above the 50-day moving average. We’ll
wait and see what comes from the company in the coming weeks if
anything.
ProTek Capital, Inc.
ProTek Capital, Inc. (OTC:
PRPM) is one of those companies that trades at “trip one” offer
with no bid. If you buy any of it, you can’t sell it.
That being said, lots of players play these in hopes that it will
go trip one to trip to and they can at the least double up on the
offer of trip two. There are hundreds of these out there and
they all come with a rumor. The question is, is ProTek, with
no news or financials since October 2015, one of them. Well
have to wait and see.
In the meantime, have a look at Halitron,
Inc. (OTC
Pink: HAON). Here’s a trip one with a market cap of
$1,324,000 that just released a 110% increase in Q4 revenue
over Q3 to $342,000.00, and an up and coming up list to the
QB.
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