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"HAON may not be at these levels much longer."
https://ih.advfn.com/p.php?pid=nmona&article=76861546
This news update is suggesting the 30-day uplisting period to the otcqb is about to begin.
Halitorn got that 3 million loan, and market makers help in assisting the .01 bid test, and uplisting to the otcqb.
Besides the .01, could go to .03 when the 30-day period starts, whereby the volume will go crazy up, and we will know the uplisting process has started. The 3s are on sale right now, and Halitron is going to move to the otcqb.
Looking for Halitron to pass the bid test of .01, with a possible .03/share to make otcqb uplisting, and uncertainty as to when the reverse split will take effect 2 to 6 weeks after the uplisting.
It would make sense the outstanding gets increased, so after the uplisting, and later with the reverse split, will make halitron a healthier company that will be in a better position to make more money, whereby, also be eligible for a later uplisting for the Nasdaq.
HAON wants out of the pinksheets, and eventually going for Nasdaq listing.
Placing the reverse split to get the uplisting to the otcqb will fail the bid test .01, most likely, drop the share price back to triple zero's and question Halitrons ability to be a trustable company with no partners for expansion.
"HAON is a share selling dilution fiasco." - They're still going meet the bid test of .01/share.
They have denied a reverse split on the pinksheets, and not after the uplisting to the otcqb.
How would you know that unless you were there with Bernard on the filings. This reverse split will happen weeks after the otcqb uplisting, so lets just take one step at a time.
After the uplisting, most likely a 1 for 100-250
Outstanding increasing, yet, going .01/bid.
The outstanding shares is increasing, and share price is going to .01/bid.
More than likely, the ink is dry on the reverse split (6-8 weeks), and may take effect after the uplisting to the otcqb, where Halitron wants to unload all the available common stock, and increase the outstanding, so when the reverse split happens, will increase the value of the company.
MM games, HAON on bid test to .01, and uplisting to the otcqb.
3s are on sale.
Hopp could get into chipped displays for the iPhone, and android.
The ink could already be dry on those filings, and holding back on a release date, where the timing is right.
"Companies attempting to list (pinksheet to OTCQB) on the OTCQB are required to meet certain eligibility standards."
To be eligible, a company must be current in their reporting requirements under the Securities Exchange Act of 1934 and meet a minimum bid test of $0.01." (the .01 bid test is the uplisting from pinksheet to OTCQB) - Then could do a reverse split from the OTCQB, and be qualifiable for an uplisting to the nasdaq later. - Not to mention building trush with investors, to eventually turn halitron around as a respected company on the nasdaq.
The uplisting is only 1-trading day with a close at bid .01/share within this 30-day period, So the share price could collapse back to double zeros the next day, and still make the uplisting to the otcqb.
Once Halitron has completed the uplisting, and within a few weeks after, go for a reverse split of 1 to 100-250, with another uplisting to the Nasdaq.
Halitron is a pink sheet, and wants to move to otcqb with this .01/share for this 30-day period.
Could HAON do a reverse split first on the pinks, and get to the otcqb, while holding this .01/share price? - Is this possible?
"In the event that a Company is a seasoned public issuer that completed a reverse stock split within 6 months prior to applying to the OTCQB, the Company must have a post reverse split minimum bid price of $.01 at the close of business on each of the 5 consecutive trading days immediately before applying to the OTCQB"
So there could be a reverse split which takes effect after the bid goes for "5 consecutive trading days" then the OTCQB uplisting is completed, then a reveres split could take effect.
Once the uplisting to the otcqb happens, then a reverse split could then happen, which must already be in the works, hiding behind the OTCQB uplisting.
Market makers need to play their games.
I believe the 30-day uplisting has begun.
February 28th press release from Halitron
"Management has begun to and is committed to acquiring additional shares back in the open market to help support an increase in share price, of up to $0.01 per share."
"This is done in an effort to meet one of the qualifying factors of an up-list to the OTCQB."
"A US GAAP audit, another qualifying factor for the uplisting to the OTCQB will commence quickly as the relocation of the HOPP assets is now nearly complete."
"Management will provide an update over the coming weeks on a more precise timeline on its completion." - Most likely, an 8K will be released once the bid price closes at .01/bid for 1-trading day out of the 30-day period.
Statements out last week of March.
Possibility that when the Financials are out could also be the start for the 30-day uplisting period, where halitron has to close for 1-day, within the 30-day period at .01/bid share price.
Is the blackout period for 30-days, where the filings will be on the 15th day within the last 15 days, also include the 1-day bid of .01/share to make the otcqb uplisting?
Has the 30-day uplisting period already happened, and we are somewhere in the first 15 blackout days?
Buy more shares, and average down to 33 percent.
Halitron is backing their press releases, where this is a real company, and not misleading investors.
Halitron, Inc. Streamlines Operations with Relocation of Manufacturing
2/6/2018 6:00:00 AM - GlobeNewswire
https://www.nasdaq.com/press-release/halitron-inc-streamlines-operations-with-relocation-of-manufacturing-20180206-00234
Halitron, Inc. Announces the use of Twitter as a Form of Investor Communication
1/25/2018 6:00:00 AM - GlobeNewswire
https://www.nasdaq.com/press-release/halitron-inc-announces-the-use-of-twitter-as-a-form-of-investor-communication-20180125-00188
Halitron, Inc. Announces Conversion of Preferred Stock into a $3 Million Shareholder Asset
1/22/2018 6:00:00 AM - GlobeNewswire
https://www.nasdaq.com/press-release/halitron-inc-announces-conversion-of-preferred-stock-into-a-3-million-shareholder-asset-20180122-00182
Halitron, Inc. Announces Approximately $342,000 in Revenue Booked for Q4 2017
1/16/2018 6:00:00 AM - GlobeNewswire
https://www.nasdaq.com/press-release/halitron-inc-announces-approximately-342000-in-revenue-booked-for-q4-2017-20180116-00212
This company is a going concern, and not a pump, and dump.
Someone got a 3 million dollar loan.
"The audit work is under way and is expected to complete in the first half of 2018 with the objective to uplist to the OTC QB."
When Halitron files their financial statements, may give updates in the management discussions section on the progress on the audit, and timeline for uplisting.
https://www.otcmarkets.com/stock/HAON/news/Halitron--Inc--Announces-Conversion-of-Preferred-Stock-into-a--3-Million-Shareholder-Asset?id=180967&b=y
Market makers are holding 1s & 2s for HAON when the 30-day uplisting period begins.
5 billion shares x .0002 = 1 million for the uplisting.
6 billion shares outstanding. - 3 million loan for uplisting to .01/share on the bid, possibly, under 500K @ 1s.
Hold at .01/bid, only for 1-day out of the 30-day period.
Haon only has to get 1-trading day close with the bid at .01/share, where the share price could drop the next day into double zeros, whereby still making the uplisting into the otcqb, once this 30-day period starts.
The 2s are all been sold out.
HAON get the buyback to $.01, and completion of the 30-day uplisting to otcqb before the end of June 2018.
Once the 30-day period starts in April, or May with the volume going up, the share price will be in the double zeros, so now if the time to buy in at .0003/share.
Keep buying on the dips, and will give the big boy players a higher buy in price when the 30-day uplisting period starts.
7.5K will turn into a 1/4 million.
If a buy at .0003 x 25 million shares.
Billions of shares doesn't matter. Once halitron gets the uplisting to .01/bid share price for 1-trading day, within a 30-day period, and after being on the otcqb for at least a month, then may go for a reverse split of 1 to 100-500 to get the share price in position for the next Nasdaq uplisting later in the year.
Haon can't go from a pinksheet, which it is now to Nasdaq uplisting without being on the otcqb first.
This is what the 3 million loan is to buyback within this 30-day period, and with the market makers helping out to get the otcqb uplisting, and completed by June 2018.
The filings, and 3 million loan to push (buyback from market makers) the share price to .01/bid share price within the 30-day period.
HAON only has to close on the 1-market day at bid .01/share to qualify for the otcqb uplisting, where the share price could collapse to double zeros, and yet, still make the uplisting.
Once they get to the otcqb, then, most likely a reverse split from 1 for 100 - 250 per share.
Later, as the company starts generating more revenues will go focusing on a uplisting for the Nasdaq.
HAON is moving to their new main location in San Diego, where the higher Trump builds the wall, the higher halitron's share price will rise.
The problem, or answer is that Haon can't go from a pinksheet to Nasdaq, without being on the otcqb first.
"Halitron, Inc. was formerly known as Teknik Digital Arts, Inc. and changed its name to Halitron, Inc. in August 2014. The company was founded in 2003 and is based in Newtown, Connecticut with a location in San Diego, California."
Strategic Plan - on the investorshub halitron page.
"With the acquisition of NDG Holdings, Inc., the base infrastructure has been developed to lever future acquisitions of sales and marketing companies. We have two footprints; one in Newtown, CT that houses sales, marketing, finance and a second location in San Diego, CA which is the distribution point for products which are primarily made in and around Tijuana, Mexico."
The higher Trump makes the wall go up between Mexico, and American, the higher halitron's share price will rise. - Halitron will be uplisting to otcqb, then later, another uplisting for the Nasdaq.
HAON has access over Trump's wall with their San Diego facility. Expect big things to happen.