Halitron, Inc. (HAON) Merger to Generate $4 million in Sales

Halitron is forecasting 4 million in annual sales through its recently announced merger

Miami, FL--(InvestorsHub NewsWire – August 13, 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 (OTC Pink: HAON) just announced the merger of two acquisition brands resulting in "Retailiom" which, with the current customer contact list from both acquired entities of 111,235, is anticipated to add $4 million annually to Halitron’s already growing sales, which have been coming in at almost $400,000.00 per quarter before this merger. 

At the end of Q1 2018, Halitron’s portfolio company, Hopp Companies, Inc. had already realized a $61,000 profit for that quarter alone.
Retailiom alone, is expected to grow sales of Halitron, by over 200% over the next calendar year.

During fiscal years 2016 and 2017 respectively, HAON acquired the assets of a print-based point of purchase product businesses CinchSigns and the Hop Companies, Inc.  and has setup the infrastructure in Newtown, Connecticut to merge the assets of the two acquisitions into what is currently known as Retailiom.

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




Retailiom’s differentiating point in the market place is its ability to produce custom orders within 24-to-48 hours on product lines that are not readily available at competitors, like Staples, or Uline. Whether it’s a custom size, shape, color, or marketing message, Retailiom can meet the needs and timing of a critical retail marketing campaign.  Our products keep retail shelves neat, clean, and well-organized saving retailers time and money from a maintenance standpoint and increasing sales from a highly visible product position perspective.

Staples was purchased in September of 2017 for $6.9 billion.

Could Halitron be next?

Halitron, Inc. (OTC Pink: HAON) is expecting to release its Q2 operating results before the market open on August 15

Halitron, Inc Beats $350,000 Forecast for the First Quarter of 2018

  •  Sales were $361,000 in Q1, 2018, a period in which management relocated operations in New York to Connecticut facilities without a negative impact to shipments.
  •  Direct Gross Margins for the portfolio manufacturing company were 69.8% for the quarter.
  •  A one-time charge of $46,529 was incurred directly due to the successful relocation of Hopp assets to a lower-cost Connecticut facility.
  •  The combined cash balance at the end of the quarter totaled $61,280.
  •  Solid revenues, consistent margins, as well as the exit of our New Hyde Park, New York facility will reduce overhead costs and improve cash flows for the remainder of the year.

Halitron (OTC Pink: HAON) also recently announced that its portfolio company, Hopp Companies, won a project with a major national retailer with over 425 retail stores.

Management is forecasting that the new project, which has already begun to ship, will have a projected positive impact on sales and gross margins for the fiscal year 2018. The product is a new supply product line for retail shelving that is internally manufactured.

Due to the competitive nature of the industry, Management has elected to keep the account name and any product line descriptions confidential, but can report that to most families, its new retail account is a household name.

Highlights from Halitron, Inc.'s (OTC Pink: HAON) previous Press Release:

  • 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.
  • 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. Management will be adding another accounting intern to help support the growing business as well as focus on completing the audit for the period ending September 30, 2017.
  • 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 buyback program to help support increased share price. Management is forecasting increased purchases quarter-over-quarter based on projected increasing cash flows, as the New York facility is closed, and the Company reaps the benefits of reduced overhead. Forecasted increasing sales from the new product launch and cross-selling initiatives will also have a positive impact on this project.
  • 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 $2.1 million and as such, its shares can have a dramatic upside.

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

Life Clips, Inc.
After what seems like countless months of low to mediocre trading, OTC stop sign company Life Clips, Inc. (OTC: LCLP) gained a bit of life.  The company traded over $1 million in dollar volume over the past two sessions.  The only new information in the market that we have seen is a request to withdraw a registration statement on form S-1.  Candlesticks are indicating a down turn so that could be the end of the run.

Have a look at Halitron, Inc.’s (OTC Pink: HAON) who just announced that it expects $4 million in sales from its recent merger.

RushNet, Inc.
RushNet, Inc. (OTC Pink: RSHN) began its 500% run on July 13th, a week prior to any news announcements.  Since July 20th, we’ve seen about 5 press releases discussing trademarks.  Its’ recent Q for period ending June 30, 2018, show zero sales, and 18 billion fully diluted shares outstanding.  With a $44 million market cap, I’m afraid that this run could do an about face any day now. 

Andiamo Corp.
Back in January, EmergingGrowth.com released the story “Andiamo (OTC Pink: ANDI) and the $100 million Pipe Dream”. https://emerginggrowth.com/andiamo-otc-pink-andi-100-million-pipe-dream/ The stock since has decreased 95% since the release of the article.  I’m willing to bet that, the little green candle stick from Friday represents a dead cat bounce.

Have a look at Halitron, Inc. (OTC Pink: HAON).  Sales are increasing quarterly, and a recent merger is expected to add about $4 million in additional revenue over the next 12 months.

About EmergingGrowth.com
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies.  Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization.  We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth.  Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community.  Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space. 

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-4266/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

CONTACT:
Company: EmergingGrowth.com - http://www.EmergingGrowth.com
Contact Email: info@EmergingGrowth.com
SOURCE: EmergingGrowth.com
 

Andiamo (CE) (USOTC:ANDI)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Andiamo (CE) Charts.
Andiamo (CE) (USOTC:ANDI)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Andiamo (CE) Charts.