Halitron, Inc. - HAON, Up List Imminent, Shareholder Dividend Update

Miami, FL -- December 18, 2017 -- 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 issued an update regarding an up list, and shareholder dividend.

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 stated that management is expecting quarterly revenue to surge over $300,000 in its first reporting period since the acquisition of The Hopp Company assets earlier in the year.

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.

Management further stated that its 2017 audit to be completed during the early part of 2018, with an up list to the OTCQB following shortly after.

Financial Highlights from its Q3 Report:
The sale of two Halitron brands to Life’s Time Capsule Services, Inc. (“LTCP”), the acquisition of The Hopp Companies, Inc’s (“Hopp Companies”) assets, and the previous two acquisitions of the brands are now listed on the Company’s unaudited Balance Sheet as of September 30, 2017, with the following selected data points:

LTCP Preferred Stock C                                 $ 3,000,000
56,115,000 Restricted Common Shares
of LTCP (valued at par value) *                       $ 56,115
Hopp Goodwill                                              $ 700,000
Pieces In Places Goodwill                                $ 28,297
Cinch Signs Goodwill                                      $ 611,622
Total                                                         $ 4,396,034

* LTCP’s common shares have been trading at around $0.05/share, and are expected to have market value in excess of par value, and the Company’s holding of such shares is subject to a pending impairment analysis. 56 million common shares of LTCP hold a current value of $2.8 million @.05 per share.
Halitron is now generating sales revenue, which, accompanied with its anticipated ability to raise capital through traditional debt for working capital needs, which management believes will provide the Company the runway it needs to execute the next phase of its business plan.

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

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

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

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