Halitron Inc (HAON)

[TradeSmart.ai]

$HAON Pays Off Debt - Cancels 1.3 Billion Shares - Sells Subsidiaries for $3 Million

Before we begin let's refresh our memory first on my $HAON is absolutely amazing:

$HAON targets two types of acquisitions:

#1 – Acquire bankrupt, distressed or insolvent companies where we can acquire the business inexpensively and then “roll” the assets into our infrastructure.

#2 – Acquire profitable companies at a multiple of EBITDA ranging from 2 to 4 times and that also have a strategic fit operationally where the product and/or service would benefit the collective group of businesses.

Halitron engaged Freidman LLP to audit the books and records of Halitron in preparation for listing on the OTCQB market.

On July 14th $HAON Cancelled 1.3 Billion Shares and Closed Section 3(a)(10) Debt Transaction.

The Debt Transaction Cancelled and Fully Diluted Shares Outstanding Decreased by 31%

$HAON announced that the two final payments totaling $63,471 that were forecasted to be paid through the issuance of an estimated 1.3 Billion free trading shares based on the Section 3(a)(10) Fairness Hearing process as outlined in the Form 8-K filing with the Securities and Exchange Commission on May 15, 2017 will not be completed and the share reserve agreement has been canceled.

Management decided it was in the best interests of Halitron, Inc. shareholders to negotiate the closure of the Section 3(a)(10) agreement with Northbridge Financial.

One of the main objectives of going through the Section 3(a)(10) was to get professional fees paid in full so we can complete the objective of finishing the audit. Those payments were made in full. Significant payments were made against the other vendors which has only $63,471 remaining and Management feels that through upcoming transactions we will be able to honor those commitments and advance the Company's growth model.

On July 18th $HAON Sold Two Brands in a $3+ Million Deal

Halitron, Inc. Sold Two Archival Brands to Life's Time Capsule Services, Inc. (LTCP) and Received 2.8M LTCP Restricted Common Shares plus 80M Preferred Stock C of LTCP.

The two brands owned by Halitron and sold were: Archival Photo Pages and Archival Museum Supplies.

The Company plans to distribute the preferred shares to its shareholders of record of Halitron as of September 29, 2017. The Company believes the value of the Preferred Stock C to be approximately $3M, or about $.0375 per share ($3,000,000 / approximately 80,000,000 shares outstanding = approximately $0.0375 per share). The Preferred Stock C has the right to a fixed dividend payment due in three years on July 18, 2020, in the amount of $0.0375, which shall be paid in the form of cash, assuming profitable, or Life's Time Capsule shares of common stock at the time of payment; the payment form is at the Company's discretion.

As previously reported, Management anticipates completing the audit shortly and preparing and filing a super Form 10-K with required disclosures dating back to 2008 shortly thereafter, at which time HAON will become a reporting Pink Sheet OTC Market company.

For shareholders on record at the close of market on September 29, 2017.

Stock Dividend paid on October 27, 2017.

80,000,000 Preferred Stock C will be issued to the HAON shareholders at the following ratio:

3,102,303,373 HAON Total Shares Eligible for Stock Dividend as of July 18, 2017 *

80,000,000 LTCP Preferred Stock C

1 HAON -to- .02578 LTCP Preferred Stock C

Each holder of 1 share of HAON common stock owned at the close of business on September 29th, 2017 potentially receiving 0.02578 shares of LTCP Preferred Stock C.



EVEN after all of that, we still haven't gotten to the good stuff yet, let's begin:

$HAON had five current subsidiaries, two of which we already know were sold for $3+ Million dollars recently.

Let's take a look at two of the remaining three (The third currently is under construction as of this year and anticipating completion later in the year):

Our first subsidiary Pieces in Places:



www.piecesinplaces.com

Pieces in Places currently has 28 main categories of document enclosures and archival grade photo pages and albums. The company offers a wide array of products. With over 50+ years of experience, with the highest level of quality products at direct-to-factory prices.


Let's take a look at our last and probably the most amazing Subsidiary I've encountered in the OTC in a while Newtown Digital Group.

https://www.crunchbase.com/organization/newtown-digital-group#/entity



$HAON currently owns the subsidiary Newtown Digital Group - Here's a brief synopsis of the company: Newtown Digital Group is a vertically integrated manufacturer and sales and marketer of consumer products. Over the past year the company has setup operations in Newtown, Ct (corporate office), as well as, Tijauna, Mexico (factory/distribution center). The company currently manages numerous brands and generates $500K+ in annual sales. The company intends to acquire additional brands and add the businesses to its very low cost and efficient business model. Management is also evaluating options for providing liquidity to shareholders through the public markets. This will help support additional capital raise activities and allow the company to use its stock to acquire future businesses.

Newtown owns and operates BHSC Global Marketing, who is BHSC? Let's find out shall we :)



Here's a great video on BHSC Global Marketing:

amplitudemarketing.com/wp-content/themes/amplitude2014/assets/ampVid2.mp4

Let's look at who they've worked with:



The Juicy Juice Brand, beloved for decades, was looking for differentiation at retail among millennial moms. How do we impact their important decisions for their young children, while reinforcing the brand belief that nothing is more important than quality time with family.

THE SOLUTION
BHSC Global Marketing and Juicy Juice partnered with Disney-Pixar’s Finding Dory to connect with mom in the important summer shopping months. We developed a wholesome, playful, genuine and cheerful season-long plan inclusive of digital media, instant wins, on-pack activities and robust in-theatre activations. Program elements encouraged meaningful family time 100% Juicy Juice as the focus. All efforts pushed to retail for a chance to engage, win and purchase.



Drive consumer acquisition/conversion and ease the inherent dislike of the most unpopular holiday.

THE SOLUTION
BHSC Global Marketing and T-Mobile rewarded those who completed their taxes at any T-Mobile store with exciting discounts while opening a new T-Mobile account. Robust support in the Northeast by identifying T-Mobile “Home Base” store locations. Street teams engage consumers and encourage store visits to T-Mobile Tax Day incentives. Outreach to tax offices, restaurants, transit hubs, and other high traffic centers increased visibility allowing us to promote in a targeted and impactful way.



COVERGIRL needed an experienced partner to bring to life a multi-year partnership with superstar Katy Perry. Katy, as the face of the current COVERGIRL #instaGLAM launch needed linkage and relevance to her nationwide 62 market tour.

THE SOLUTION
Through innovative ideas and a stellar recommendation from Katy Perry’s management team, BHSC Global Marketing won the COVERGIRL business (over an incumbent agency) to launch the #instaGLAM Collection. We designed, produced and managed the fully integrated concert experience. Exciting activations like a chance to go on stage with Katy Perry, #instaGLAM photo capture, and a custom designed oversized birthday cake and themed environment highlighted Katy’s show and complemented the COVERGIRL line. Our staff sampled tens of thousands of #instaGLAM items and distributed over 700K interactive 3D glasses with high value offer to drive purchase.


bhscglobalmarketing.com/case_study/our-work/

BHSC Global Marketing Other Clients include:

MetLife
Schick
Disney Pixar
Katy Perry
Marvel Entertainment
and Weleda Brand Products


Now for a little background on our CEO:

An MBA from the University of New Haven and is endorsed by 30 people for Business Development, 26 people for Strategic Planning, 18 people for Private Equity, 17 people for Product Management and 14 people for Marketing.

As a co-founder of a promotional product company, he built working partnerships with pharmaceutical clients that included GSK, Pfizer, and Johnson & Johnson and created a marketing program that grew company sales revenues by 300% in three years.

He decreased overhead 50% through strategic outsourcing and reorganization. Integrated acquired companies and slashed remaining overhead by 30%.

His Expertise includes:

Strategic Planning
Mergers and Acquisitions
Profitable Strategic Outsourcing
Rigorous Financial Analysis
Business Development
Marketing and Promotional Services
Direct and Statistical Marketing
Private Equity
Investor Relations
Raising Capital
Operations
Product Management
Product Development
Customer Centric
External Awareness
Lean Manufacturing
Cost Reduction
Process Improvement
Talent Acquisition
Team Development