Halitron, Inc. (HAON) Buying Back Shares,
Following the Berkshire Hathaway
Model
"Building Shreholder
Value through
Strategic Acquisitions"
Miami, FL
-- InvestorsHub
NewsWire
January
31,
2018
-- 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) mission is to build
shareholder value through strategic acquisitions of high growth
companies that feature distinguishable product characteristics
within lucrative sectors of the marketplace.
The company
takes a three-prong approach in its transactions.
- Halitron quickly evaluates market
dynamics and value in order to negotiate
payment terms of
any target acquisition.
- Halitron uses efficiency in evaluating
business metrics including the business model, management team, and
areas of differentiation.
- Halitron has a seamless method of due
diligence, and facilitation to begin the process of
integration.
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
Founded in
2003, Halitron (OTC Pink:
HAON) weathered the economic down turn of 2008 within
the digital
gaming industry, and began a restructuring with Warren Wheeler
elected Chairman and CEO in 2014. His vision was to implement a
growth model and acquired
NDG Holdings, a
business processing organization, (BPO)
focusing on digital development and
marketing in 2015. By 2017, the company was
focused on multisector diversification including Beverages, Digital
Storage, Manufacturing and Direct Marketing.
Halitron, Inc. (OTC Pink: HAON) and has had a long
journey,
but is
just beginning to realize the fruits of its labor.
Today Bernard
Findley sits at the helm as Chairman and CEO of Halitron, Inc. (OTC Pink: HAON). Mr. Findley brings 20
years of experience working with small to mid-sized businesses from
acquisition, to maximizing growth, and the ultimate sale of the
business.
From
2008 through 2012, he rolled up and then exited 16 brands that,
without his guidance, were bankrupt or out of business. Today,
these brands exist and are operating under new
owners.
He
then began to develop the latest business model of a roll-up
strategy through acquisitions utilizing a small publicly traded
company, Halitron
Inc.
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.
Some
recent developments of Halitron,
Inc. (OTC Pink: 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 (OTC Pink: HAON) 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 up list to the OTC QB. The number of
shares and price paid will be listed in its quarterly
filings.
According to OTC Markets,
the
current market cap of Halitron, Inc. (OTC
Pink: HAON) is approximately
$2.9 million and as such,
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
Adama
Technologies Corp.
Adama Technologies Corp.
(OTC Pink:
ADAC) has had quite the little run
over the past seven trading sessions. The stock is up 400% with
steadily increasing volume. On January 29th, the company announced
new blockchain
opportunities,
but did not elaborate much as to its own ventures into the
space.
Have a look at
Halitron, Inc. (OTC Pink: HAON)
ViaDerma,
Inc.
ViaDerma, Inc., (OTC Pink:
VDRM) has not released news since the 23rd of January, but that did not
stop shares from spiking over the past two trading days almost 100%
on record volume. The company's last announcement mentioned their
plan to target licensed dispensaries in California post
legalization, while seeking reimbursement from insurance companies
for its own topical antibiotic products.
Digatrade
Financial Corp.
Digitrade Financial Corp.'s (OTCQB:
DIGAF) stock has just touched the lower line of the Bollinger
Band signaling a further downward trend. This comes six weeks after
the company's two-day 350% gain reaching $1.06 per share. Since,
the company has reached a string of announcements, but so far,
including discussions about cryptocurrencies and
blockchain,
nothing has peeked investors interest.
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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