Halitron, Inc. (HAON) Shareholder Update as Audit to OTCQB and Stock Buyback to $0.01 per share Continues

Halitron, Inc. (HAON) Shareholder Update as Audit to OTCQB and Stock Buyback to $0.01 per share Continues

“Building Shareholder Value through Strategic Acquisitions”

Miami, FL -- March 5, 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 a shareholder update discussing amongs other things the Company moving towards an OTCQB up-list.

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) update Press Release:

Sales growth, expansion, brand development, and strategic acquisitions all part of the business plan for 2018.

Audit and Up List to OTCQB. Halitron has re-engaged Freidman LLP to complete the 2017 audit, which is one of the qualifying factors to up list to the OTCQB exchange. Friedman was previously engaged to provide audit work for the period ending September 30, 2016, and will continue to finalize the project through September 30, 2017 over the coming months.
Share Buy Back. Another requirement for the up list is a share price of $0.01 or higher and the Company, as previously announced, is currently engaged in a share buy back program to help support increased share price. Management is forecasting increased purchases over the coming months based on projected increasing cash flows, as the New York facility is closed, and the Company reaps the benefits of reduced overhead.
No Reverse Split Planned. As previously communicated July 11, 2017, Management does not anticipate a reverse split of the stock to achieve the increased share objective but rather is forecasting for increased sales along with future accretive acquisitions whereby the cash flow from operations can be utilized to buy the shares back in the open market.
Acquisitions. Management has targeted a number of strategic and accretive acquisitions and is varying stages of negotiations. One target is in the retail display business and complements Hopp’s business model and the other is a $8M+ revenue company in the consumer products space. As the projects develop we will provide updates on the process.

Halitron, Inc. also recently announced that it reported $724,000 in sales for 2017 and $407,000 in Q4 2017 alone.

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.

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

Jammin Java Corp.
Jammin Java Corp., (OTC: JAMN) from all but a dead stop, the company traded 527,000,000 shares and shot up over 100% before giving it all back to close at its previous sessions close of .0003. There has been no news or filings released in over a year with the exception of a for 15-12G, which typically terminates a registered security, or suspends the duty to file, filed on 3/2. I’m not sure which of these are worse than the other.

Have a look at Halitron, Inc.’s (OTC Pink: HAON) shareholder update which details an up-list to the QB as well as a share buyback to .01 per share.

Metrospaces, Inc.
With no news released at all, Metrospaces, Inc. (OTC: MSPC) has been on a tear since February 15^th with shares hitting a new high on Friday. Share are up 500% over the past two weeks, which appears to be pure speculation based on speculation after review of the company’s filings.
Vet Online Supply, Inc.
Shares of Vet Online Supply, Inc. (OTC Pink: VTNL) seemed to have slowed down a bit after the company’s news of exceeding sales projections of February 28, 2018. The stock is still up from its close, but remains down from its high off the news of .009 per share.

In the meantime, have a look at Halitron, Inc., (OTC Pink: HAON) who just releaed an update which details an up-list to the QB as well as a share buyback to .01 per share.

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