THIS WAS RELEASED THIS MORNING. .0001 - .0002
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Posted On: 12/11/2017 9:08:33 AM
THIS WAS RELEASED THIS MORNING.
.0001 - .0002
NEWS: Halitron, Inc. - HAON, Up List Imminent as Revenues Surge, Expenses Fall
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Alert
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.
.0001 - .0002
NEWS: Halitron, Inc. - HAON, Up List Imminent as Revenues Surge, Expenses Fall
Alert
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.
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'Everything works out in the end,,,If it hasn't worked out,,it's not the end'
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