Halitron, Inc. - HAON, Up List Imminent as Revenues Surge, Expenses Fall
December 11 2017 - 6:51AM
InvestorsHub NewsWire
Miami, FL -- December 11, 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 announced Its first shareholder update since
last releasing its financials.
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
Other Companies in the news and featured on EmergingGrowth.com
Viva Entertainment
Group, Inc.
On Friday, Viva Entertainment
Group, Inc., (OTC
PINK: OTTV), announced the re-signing of independent director
for an additional one year term. Its previous three press
releases have brought a roller coaster to the stock as shares,
where in three short weeks it appreciated over 100-% and ended up
right back where it started. Candlesticks on Friday indicated
an upswing, however Bollinger bands disagree.
Have a look at Halitron, Inc.
(OTC
Pink: HAON)
ON4 Communications, Inc.
Last Tuesday, shares of ON4 Communications, Inc. (OTC
Pink: ONCI) looked like they could start to reverse the
downward trend after news of a distribution deal with Capoli
Sales. Unfortunately, that was a temporary swing as shares
have dropped over 25% since the announcement.
Bravatek Solutions, Inc.
Another ride in the market has been given by Bravatek Solutions,
Inc., (OTC
Pink: BVTK) whose shares have risen and fallen over 100% in the
past three weeks as well. Shares have dropped 45% since the
company’s announcement for a record setting Q34 sales. Sell on the
rumor?
Have a look at Halitron, Inc.
(OTC
Pink: HAON)
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