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HUTN Inc. (HUTN)

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Last Post: 4/10/2018 6:58:36 AM - Followers: 13 - Board type: Free - Posts Today: 0

 HUTN...30...Ceo Buys 3.225 Million HUTN Shares...Tiny Floater...52 week range....30 to $3.50...

https://www.otcmarkets.com/stock/HUTN/news/Holding-Company-Name-Changing-to-HUTN?id=169834

https://www.otcmarkets.com/stock/HUTN/news/HUTN-Receives-Financing-from-JP-Morgan?id=181548

https://www.otcmarkets.com/stock/HUTN/news/CEO-Buys-3225-Million-HUTN-Shares?id=187546


Authorized Shares
280,000,000
03/27/2018
Outstanding Shares
56,767,530
03/27/2018
Restricted
55,770,857
03/27/2018
Unrestricted
996,673
03/27/2018
Held at DTC
221,073
03/27/2018
 
CEO Buys 3.225 Million HUTN SharesPress Release | 03/28/2018

5.85 Million Shares Purchase within 12 months

SPRINGFIELD, OH / ACCESSWIRE / March 28, 2018 / The CEO of HUTN, Inc. (OTC PINK: HUTN) has purchased 3,225,000 shares of HUTN, exercising a right under his employment agreement. The shares were purchased for $0.31 per share. This brings his total purchases to 5.855 million shares in the last 12 months.

Christopher Daniels, the company's CEO, said, "I believe in the company's future and cannot think of a better way to show that than to risk my own personal capital to buy a significant number of shares."

Unlike many CEOs who win even if shareholder's don't, compensation under Mr. Daniels employment contract is geared to performance and to alignment with shareholder interests. His base salary is just one dollar per year and any bonuses and stock options are contingent upon performance. Last month the Board extended his contract by a year.

Mr. Daniels purchased the shares directly from the company in a private transaction. The shares were issued under an exemption from registration under Reg D of the Securities Act of 1933 as amended. The shares carry a legend and, unless registered, they cannot be sold for at least one-year, except pursuant to an applicable exemption. In return for the unregistered shares, the company received a balloon note that matures in five years at an effective fixed rate of 4.50%.
 

HUTN Receives Financing from JP MorganPress Release | 01/25/2018

SPRINGFIELD, Ohio, January 25, 2018, /PRNewswire/ HUTN Group Inc., a unit of HUTN, Inc. (OTC: HUTN) closed on a $4.6 million financing by JP Morgan Chase. HUTN Group will allocate the resources to support product development and marketing of new digital services by subsidiaries EF Hutton, Inc., Vibrant Mobility, Inc. and Megga, Inc. Funds will be used for general corporate purposes, and the redemption of existing, high-cost floating-rate debt yielding 8.50%. The financing is due on February 1, 2019 was guaranteed by major shareholders and carries afixed rate of only 3.04%.

JP Morgan Chase is a leading global financial services firm and one of the largest banking institutions in the United States with operations worldwide.

According to HUTN CEO Christopher Daniels, the financing will add fuel to the execution of our marketing strategies, supporting customer development and user acquisition for the various products and platforms of our subsidiaries. We appreciate JP Morgans decision to finance HUTNs growth.

About HUTN, Inc.

HUTN, Inc. is a holding company whose subsidiaries provide B2C internet services. HUTN Group Inc., a wholly owned subsidiary of HUTN, Inc. is the parent company of: (i) EF Hutton, Inc., a provider of digital finance and investment services, and a legendary brand that has been known for innovation for over 113 years; (ii) Vibrant Mobility, Inc., a mobile communications services provider; and, (iii) Megga, Inc., an integrated social networks andonline services provider. HUTN, Inc.s subsidiaries offer innovative financial products designed to work for everyday people. HUTN, Inc. stock is traded under the symbol HUTN. Learn more at www.efhutton.com.

Cautionary Note Regarding Forward-Looking Statements. Certain statements contained in this press release that are not historical facts may constitute "forward-looking statements" as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

EF Hutton, Inc., Vibrant Mobility, Inc., and Megga, Inc. are subsidiaries of HUTN, Inc.

 
 
 
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#175   HUTN...News...https://www.otcmarkets.com/stock/HUTN/news/140-Reasons-to-Follow-t georgie18 04/10/18 06:58:36 AM
#174   HUTN...News...Great Innovation by HUTN...Great share structure with a georgie18 04/06/18 06:05:12 AM
#173   HUTN...News...https://www.otcmarkets.com/stock/HUTN/news/Who-Wants-to-Get-Paid-F georgie18 04/03/18 09:51:17 AM
#172   Good Morning BERK... georgie18 04/03/18 09:45:15 AM
#171   Good morning HUTN'ers! BERKSHIRE AGENT 04/03/18 08:45:48 AM
#170   HUTN...62...Holding gains after the 300% move up on georgie18 04/03/18 07:01:54 AM
#169   Morning BA snax 04/02/18 10:37:09 AM
#168   Good morning HUTNers! BERKSHIRE AGENT 04/02/18 10:30:51 AM
#167   HUTN... .770 X .99... georgie18 04/02/18 10:30:45 AM
#166   Nice article from Seeking Alpha EF Hutton Is StockStarGucci 04/01/18 07:55:36 PM
#165   Excellent dd greentime StockStarGucci 03/31/18 12:01:23 PM
#164   It would appear that we stumbled across a georgie18 03/31/18 10:23:53 AM
#163   Just dug into the filings. Pretty nice sized Greentime1 03/31/18 01:24:03 AM
#162   I get your point...we shall see...I would think georgie18 03/30/18 10:01:02 AM
#161   Good Morning BERK... georgie18 03/30/18 09:58:27 AM
#160   I hear ya, I'm not pumping but sometimes snax 03/30/18 09:49:19 AM
#159   Late filing extensions are a constant in the georgie18 03/30/18 09:45:47 AM
#158   Let's hope! I had no problems holding through snax 03/30/18 09:40:05 AM
#157   Good morning HUTNers! Should get real crazy here BERKSHIRE AGENT 03/30/18 09:36:38 AM
#156   It'll be interesting to see if there's a snax 03/30/18 09:30:44 AM
#155   HUTN...Notice of late filing ...April 15,2018 the filing georgie18 03/30/18 06:26:19 AM
#154   Nice day guys StockStarGucci 03/29/18 04:22:31 PM
#153   I'm definitely gonna hold. SS lends for one snax 03/29/18 04:13:55 PM
#152   Nice day and close folks. Long weekend here BERKSHIRE AGENT 03/29/18 04:00:37 PM
#151   Thursday before a long weekend, I'm waiting to snax 03/29/18 03:51:25 PM
#150   Nobody's even tapping it now. Greentime1 03/29/18 03:36:15 PM
#149   would be real good sign if it closes HOD. madras50 03/29/18 03:15:30 PM
#148   Going to be real crazy here coming weeks BERKSHIRE AGENT 03/29/18 03:13:04 PM
#147   Andrew Jackson on my $20 bill is actually smiling. Golden Penny 03/29/18 02:29:46 PM
#146   Yes it is let’s see a big PH StockStarGucci 03/29/18 02:21:29 PM
#145   HUTN...$1.13 Clearing here... georgie18 03/29/18 02:18:31 PM
#143   Yes CEO has his shares locked for 1 year. BERKSHIRE AGENT 03/29/18 01:18:39 PM
#142   Locked for a year right? dark_waves 03/29/18 01:03:15 PM
#141   It'll come. Hopefully we see some before close snax 03/29/18 12:51:36 PM
#140   $1 x $1.12... georgie18 03/29/18 12:46:40 PM
#139   $1.13...gotta get some afternoon volume here... georgie18 03/29/18 12:45:54 PM
#138   $1.04 hit slow n steady cant wait for BERKSHIRE AGENT 03/29/18 12:06:14 PM
#137   Slaps coming looks like StockStarGucci 03/29/18 12:03:26 PM
#136   .95 x 1.08 StockStarGucci 03/29/18 12:03:17 PM
#135   it's showing .81x1.04. is that correct? madras50 03/29/18 12:02:44 PM
#134   HUTN...finally filled on my add... georgie18 03/29/18 12:02:10 PM
#133   HUTN...Interesting bidding above the ask and no fill... georgie18 03/29/18 11:59:04 AM
#132   HUTN...$1...adding here... georgie18 03/29/18 11:52:24 AM
#131   Thanks snax... georgie18 03/29/18 11:34:24 AM
#130   Thats awesome! BERKSHIRE AGENT 03/29/18 11:34:03 AM
#129   Lol...really...check the ibox... georgie18 03/29/18 11:33:23 AM
#128   I posted the share structure in the ibox...Take georgie18 03/29/18 11:31:21 AM
#127   No problem! snax 03/29/18 11:31:18 AM
#126   Awesome thnx for the feedback snax! doogdilinger 03/29/18 11:31:04 AM
#125   CEO took no time in responding to my snax 03/29/18 11:19:57 AM
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