Halitron, Inc. (HAON) Merger to Generate $4 million in Sales
13 August 2018 - 8:47PM
InvestorsHub NewsWire
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 -- August 13, 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
(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.
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