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I posted there 3 years ago...no idea what is going on there now...sorry...
Do you know what's happening here? Is there some relation with this company: https://efhuttongroup.com?
HUTN...$1.29...News...HUTN...announced today that it will offer, subject to market and other conditions, up to five million shares of its ordinary common stock at $2.50 per share for an aggregate offering amount of $12,500,000. HUTN intends to use the net proceeds from the stock offering for general corporate expenses, working capital and the redemption of company note obligations.
EF Hutton, Inc.
Hutton PR Nov. 8
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Announces-Stock-Offering?id=209739
They had 3 PR's today https://www.otcmarkets.com/stock/HUTN/news
HUTN...$1.30...News...https://www.otcmarkets.com/stock/HUTN/news
georgie18 Member Level Thursday, 05/31/18 06:55:42 PM
Re: jet101 post# 37879 0
Post #
37880
of 48602
HUTN...30...Filings...https://www.otcmarkets.com/stock/HUTN/disclosure
HUTN - EF Hutton Unit is Licensing Hedge for Bitcoin
Press Release | 10/10/2018
EF Hutton Inc., a subsidiary of HUTN, Inc. (OTC: HUTN) today announced it has licensed intellectual property ("IP") that provides a means of hedging Bitcoin ("BTC") to The Bitcoin Hedge Foundation. The license royalty receivable by EF Hutton is approximately twelve percent of the hedge value. To illustrate, if the value-added is $200 million, which represents only 1/2% of the value of all Bitcoin, then the to EF Huttons from the license would be approximately $24 million. It is not yet possible to determine the royalty because the actual hedge value not yet known however hedges of other instruments, such as a short-interest on NYSE stocks, have a value of nearly zero to forty percent of the float, as of October 8, 2018, according to short interest data published by the Wall Street Journal. EF Hutton will use any royalty income for working capital, to redeem debt and to fund expansion, including acquisitions.
EF Hutton filed for patent protection earlier this year encompassing this solution. The solution will be introduced by The Foundation in October 2018 and made available to all Bitcoin holders. Bitcoin has a total value of $113.74 billion. 17,312,000 bitcoin are outstanding at a price of $6,570 as of 10:30am on October 9th, according to blockchain.com. down from a high of over $19,357 per Bitcoin. During the market decline in the last 10 months, many BTC holders have desired a hedge that would enable them to mitigate losses and lock-in gains. Consequently, there is substantial pent-up demand for a viable hedge.
EF Hutton developed this solution over many months and has worked with world-renowned economists and mathematicians to refine the intellectual property that underlies this solution. In addition to the EF Hutton team, a series of world-class experts have contributed to this solution including PhDs with expertise in Mathematics and Economics.
The Bitcoin Hedge Foundation is a recently formed non-profit organization whose mission is to make BTC more widely appealing. The ability to mitigate volatility and protect downside exposure is within the Foundations mission. In order to ensure wide-scale benefits from this solution, it will be made available to Bitcoin holders at no charge through select exchanges with an initial air-drop-style approach. The Foundation will soon provide more information about the coin on www.bitcoinhedge.io
The solution will be available to all Bitcoin holders and others and will involve a mining process to mint a coin through a process that requires proof of work. The mining process and reliance upon blockchain technology are consistent with the P2P nature of this market. In order to ensure wide-scale adoption of this solution, it will be made available to Bitcoin holders at no charge through select exchanges with an initial air-drop-style approach.
EF Hutton CEO, Christopher Daniels said, EF Hutton has always been an innovator and this development is consistent with the history of our brand. It is an undisputed fact that EF Hutton predecessors developed online trading, universal life insurance and the fee-only financial advisor model that is todays standard model for delivery of financial advice. We are proud to continue the legacy of Edward F. Hutton with a new innovation that satisfies a significant market need.
Continuation of EF Hutton Leadership in Digital Assets
EF Hutton has recently announced several activities involving digital assets such as virtual currencies. Last week, EF Hutton announced MeggaCoin, a private utility token, enabling people to get paid as they use meggalife.com and its associated social Apps. Earlier this month, EF Hutton announced it is providing research on Coins, Tokens and other cryptocurrencies and on companies involved in blockchain technology. The research is available for subscription at efhutton.com/crypto-research. Learn more at www.efhutton.com
HUTN Inc. is the parent company of both EF Hutton Inc. and Megga Inc. and the parent company shares are publicly available under the symbol HUTN.
HUTN...$1.25...Thin as can be and insiders are buying up shares...was in the .20 range not too long ago...
HUTN...$1.14...
HUTN...$1.10 Clearing here...
HUTN...85...Chairman Exercises Options to Buy 1.39 Million Shares
Press Release | 09/27/2018
Insiders Have Purchased over 5.6 Million Shares in the last Six Months
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Chairman-Exercises-Options-to-Buy-139-Million-Shares?id=205237
HUTN...70...News...https://www.otcmarkets.com/stock/HUTN/news/EF-Hutton-Launches-MeggaCoin?id=204009
This is a long term hold for me...
Authorized Shares
280,000,000
09/13/2018
Outstanding Shares
61,533,364
09/13/2018
Restricted
60,536,691
09/13/2018
Unrestricted
996,673
09/13/2018
Held at DTC
222,573
09/13/2018
Float
1,899,173
08/28/2017
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Closes-JP-Morgan-Financing?id=200467
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Initiates-a-Stock-Buyback-Program?id=200914
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Chairman-Buys-139-Million-Shares?id=191773
News
HUTN To Generate $60 Mil by Issuing Cryptocurrencies
Non-Dilutive Capital to Result from Multiple Issuance of Tokens and Coins
SPRINGFIELD, Ohio, September 10, 2018, /PRNewswire: HUTN, Inc. (OTC: HUTN), parent of EF Hutton, and other subsidiaries are issuing cryptocurrency that is to generate $60 million in aggregate. EF Hutton Inc. (EF Hutton), and its affiliates, expect to issue multiple instruments, coins and tokens. This autumn, EF Hutton will be publishing white papers that describe the use case for each instrument. EF Hutton expects the issuances to generate proceeds of at least $60 million in non-dilutive capital. EF Hutton has engaged an advisor that has assisted other companies who collectively have raised over $290 million in initial coin offerings (ICOs). Proceeds will be used to fund marketing, technology and to redeem debt and for general corporate expenses. The first offering is expected to close by January 2019.
Over $13 billion was raised through initial coin offerings (ICOs) globally in the first half of 2018, according to PriceWaterHouse, with the largest amount raised equal to $4 billion and an average raise amount of $25.5 million. The capital raised in ICOs in the first half was more than 40% of the entire amount raised by companies in traditional common stock IPOs and more than 30% of the capital raised from venture capital, according to Forbes Magazine.
EF Hutton has special insight and experience in the cryptocurrency market. The firm publishes research that focuses on digital assets, including cryptocurrencies. The research is available to subscribers online at www.efhutton.com/crypto-research And, its affiliate, Megga, has developed the first social network that allows users to mine virtual currency by using its social apps. EF Huttons CEO is a featured speaker at Block World, the largest blockchain conference in the world, located in San Jose, CA. He is speaking at 9:30am on Friday, Sept. 14.
According to HUTN CEO Christopher Daniels, As a FinTech company, HUTN knows the ICO market and has prepared for these ICOs for many months. We know ICOs succeed when they present powerful use cases that improve their holders utility with the peer-to-peer functionality of blockchains technology. Consequently, we are confident that ICO buyers will eagerly seek to hold the coins and tokens we are issuing. On a related note, we are confident HUTN shareholder will appreciate the fact that our ICOs will not be dilutive.
georgie18 Member Level Wednesday, 03/28/18 05:21:46 PM
Re: None 0
Post #
90
of 194
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
https://www.otcmarkets.com/stock/HUTN/disclosure
From financial report:
On August 10, 2018, the Company’s newly formed subsidiary, EF Hutton Insurance, was granted a license to sell life, health and disability insurance in the State of Ohio. The Company has applied for licenses in additional states.
https://backend.otcmarkets.com/otcapi/company/financial-report/200803/content
Next week stock buyback starts.
HUTN...60...Pink Current today...https://www.otcmarkets.com/stock/HUTN/overview
If it was a market order this would be moving rather quickly . Noone is willing to sell at .35 yet
First that bid was there yesterday too, second how do you know it is not a market order and last but not least: 'The plan which will become effective August 28.'
Looks like they have there price set at .35 3000 shares to buy. Not a market order..
HUTN Initiates a Stock Buyback Program
Font size: A | A | A
9:35 AM ET 8/14/18 | GlobeNewswire
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3:12 PM ET 8/13/18
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HUTN Initiates a Stock Buyback Program
SPRINGFIELD, Ohio, Aug. 14, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- HUTN, Inc. (OTC: HUTN) today announced that its Board of Directors has authorized the repurchase of shares of its outstanding common stock from time to time in open market or private transactions at the Company's discretion in an amount not to exceed 1,000,000 shares in the aggregate. The plan which will become effective August 28, 2018 and will continue throughout 2019 will be executed pursuant to the safe harbor provisions of SEC Rule 10b-18.
The plan permits the Company to make purchases of up to a maximum daily limit of 3,000 shares. All purchases must be open-market purchases of free trading stock. The timing and number of shares repurchased will depend on a variety of factors, including the 1,000,000-aggregate maximum number of shares, the stock price, corporate and regulatory requirements and other market and economic conditions.
To avoid any purchases on the basis of material non-public information, the company will engage a broker dealer as agent for purchases and the buyback agent will act only on market data and information available to all shareholders. The company reserves the right to suspend and restart the plan anytime based on its business capital requirements.
HUTN's CEO Christopher Daniels commented, "The Board's implementation of a stock buyback program reflects our confidence in the Company's long-term growth prospects, and our belief that the current share price presents an attractive investment opportunity for the Company. Additionally, the plan offers an excellent opportunity to increase stockholder value through reduced share dilution stemming from this buyback."
About HUTN, Inc.
news out
HUTN as Hedge to FB ? Investors Seeking Next Social GrowthPress Release | 07/26/2018
HUTN As Hedge To FB ?
Social Internet Investors Seeking Next Growth Company as FB Growth Level's Off
SPRINGFIELD, Ohio, July 26, 2018 As FBs growth levels off, many investors are looking for the next growth company in the social media sector. HUTNs social internet platform, meggalife.com, started a Beta-test version three months ago. The meggalife.com model enables users to gain value from their data and social internet use.
Three weeks ago, Martin Luther King III spoke about Meggalife.com at the User Rights Summit. I have joinedmeggamigo.comandmeggabuzz.com, whichare part of an easy to use social internet platform meggalife.com - a creative initiative that enables users to be compensated for using the social internet, King Tweeted. Following in the footsteps of his parents, King is an internationally recognized human rights activist who supports the need for user rights action.
Speaking at the EF Hutton Talks Conference on User Rights on June 25th King told the crowd, User rights is a cause of critical urgency in the 21st century. I certainly believe that while user rights is an issue that has been discussed for a little bit of time, there is a larger opportunity to really begin the process of educating the community about user rights. A one-minute synopsis of his speech is available online at the EF Hutton Talks Conference Series YouTube channel,
$HUTN SPRINGFIELD, OH / ACCESSWIRE / July 4, 2018 / Martin Luther King III considers internet user rights to be an important part of human rights. On July 4th he took to social media, including Twitter and Facebook, to advocate for users and to share his support for meggalife.com, a new social internet platform by EF Hutton that offers users compensation for their use of apps like social networking and communication services.
Martin Luther King III talks at the EF Hutton User Rights Summit with EF Hutton, seated next to CEO Chris Daniels
"I have joined meggamigo.com and meggabuzz.com, which are part of an easy to use social internet platform meggalife.com - a creative initiative that enables users to be compensated for using the social internet," King tweeted. Following in the footsteps of his parents, King is an internationally recognized human rights activist who supports the need for user rights action.
Speaking at the EF Hutton Talks Conference on User Rights on June 25th King told the crowd, "User rights is a cause of critical urgency in the 21st century. I certainly believe that while user rights is an issue that has been discussed for a little bit of time, there is a larger opportunity to really begin the process of educating the community about user rights." A one-minute synopsis of his speech is available online at the EF Hutton Talks Conference Series YouTube channel.
"In a real sense, perhaps the public has been exploited as often happens through some business opportunity," King added. "But, I believe that when people understand their opportunity digitally they will see the importance of this issue because we all use this creature called the Internet."
King is asking for all of his followers to join him in spreading the word about this new frontier in socioeconomic injustice by liking and sharing his posts. Follow Mr. King on Twitter @OfficialMLK3, meggabuzz.com and on Facebook @MartinLutherKingIII
About Meggalife.com
Meggalife is an online platform that benefits users and protects their data privacy. It is offered by Megga, Inc., a subsidiary of HUTN Inc. Meggalife has been under development for two years and funded by EF Hutton, an affiliate and leader in digital finance and investment services. For a more information, visit www.meggalife.com.
About HUTN, Inc.
Martin Luther King III, Tweets on User Rights, Meggalife.com and Efforts to Empower Users Press Release | 07/04/2018
https://www.otcmarkets.com/stock/HUTN/news/Martin-Luther-King-III-Tweets-on-User-Rights-Meggalifecom-and-Efforts-to-Empower-Users?id=197158
The world needs more internet services sensitive to user rights like https://t.co/7fWDpRTBKO Please feel free to check out my page on https://t.co/DyIulKp3Qk and follow me on https://t.co/Jfvr9Os733,
— Martin Luther King III (@OfficialMLK3) July 4, 2018
You would think the floor would be .50 here since that's the price the CEO can but shares at from the company with his agreement.
HUTN...The Chairman’s purchase of 1.39 million shares follows last month’s purchase by the CEO, Christopher Daniels, of 3.225 million shares.
$HUTN: NEWS... Insiders buying more $HUTN shares
HUTN Chairman Buys 1.39 Million SharesFont size: A | A | A
8:00 AM ET 5/9/18 | GlobeNewswire
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9:30 AM ET 5/8/18
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Real time quote.
HUTN Chairman Buys 1.39 Million Shares
Follows CEOs Purchase of 3.225 Million Shares Last Month
SPRINGFIELD, Ohio, May 09, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- The Chairman of HUTN, Inc. (OTC:HUTN) has purchased 1,390,000 ordinary shares of HUTN, exercising options he holds. The options exercised have strike prices that range from $0.60 to $0.15. Some of the options exercised at a strike above the market price at the time of exercise.
Stanley Hutton Rumbough, the company's Chairman and grandson of Edward F. Hutton, 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." Mr. Rumbough has added to his already significant ownership stake.
The Chairman's purchase of 1.39 million shares follows last month's purchase by the CEO, Christopher Daniels, of 3.225 million shares.
Mr. Rumbough 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 $326,000 in a combination of cash and redemption of a note.
About HUTN Inc.
HUTN, Inc. subsidiaries provide branded online and mobile services to consumers ("B2C"). The Megga subsidiary provides a social internet platform that pays users - meggalife.com is a new model. The platform includes- social networks, e-mail, internet search, news and more. EF Hutton is a legendary financial services brand -- this subsidiary provides online investing services and investment advisory services, efhutton.com. The Vyral Media subsidiary publishes digital content to enhance user experience and engagement. The Vibrant Mobility subsidiary provides mobile data & communications services.
CONTACT:
EF HUTTON INVESTOR RELATIONS
info@efhutton.com
> Dow Jones Newswires
May 09, 2018 08:00 ET (12:00 GMT)
HUTN...Attorney Letter...https://www.otcmarkets.com/stock/HUTN/overview
HUTN...55...Filing...Formely E.F. Hutton...
https://backend.otcmarkets.com/otcapi/company/financial-report/192405/content
Total Shares Authorized: 280,000,000 as of March 31, 2018
Total Shares Issued and Outstanding: 59,992,530 as of March 31, 2018
(d) On March 22, 2016, the board authorized and the Company entered into an employment
agreement effective as of January 15, 2016 with Christopher Daniels which pays Mr. Daniels a
base salary of $1 per year and provides for incentive compensation that includes a cash bonus and
a stock options to buy up to 1,200,000 ordinary common shares at $0.50 per share and a second
option to buy up to $30,000,000 worth of ordinary common stock at $0.50 per share or the average
of the prior twenty days closing stock price. The stock options expire on March 31, 2019. Up to
two million dollars (raised to up to ten million by board on August 16, 2016) of the second stock
option can be exercised with a note with a repayment term of up to five years. The employment
agreement includes healthcare and other customary benefits.
HUTN...News...https://www.otcmarkets.com/stock/HUTN/news/140-Reasons-to-Follow-the-Buzz-on-Meggabuzzcom?id=188608
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
Float
1,899,173
08/28/2017
HUTN...News...Great Innovation by HUTN...Great share structure with a tiny float...
https://www.otcmarkets.com/stock/HUTN/news/6-Ways-meggamigocom-is-the-Better-Social-Network?id=188338
https://www.otcmarkets.com/stock/HUTN/news/CORRECTION-MeggaLife---A-New-Social-Network-that-Pays-Users---Creating-Social-Capital?id=188337
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
Float
1,899,173
08/28/2017
Par Value
0.00
Good Morning BERK...
HUTN...62...Holding gains after the 300% move up on unusually high volume for HUTN...
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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%.
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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