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If the news is good, the share price will shift up.
What's that's supposed to mean?
link to info.
https://www.otcmarkets.com/stock/HAON/news/Halitron--Inc--Announces-Conversion-of-Preferred-Stock-into-a--3-Million-Shareholder-Asset?id=180967&b=y
Halitron wants to uplisting to the Nasdaq with projected increasing revenues.
Can't go from a pinksheet to Nasdaq without uplisting to otcqb first.
Other Updates:
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.
Management is forecasting to exit the 5,000-square foot facility in New Hyde Park, NY by the end of March 2018, upon which time Halitron’s operating expenses should decrease dramatically. - So, april may, or june 2018, we should see a .01/share.
More like in april, the 30-day period will start for the push to .01/share on the bid, where March the bid will go up past .0007/share to double zeros.
Buy, and hold for next 3-month at .01/bid minimum.
If one can buy, and hold, the bid price will be over .01/share between now, and the next 3-months.
HAON plays games with the market makers, where we won't see what happened with the buybacks till the uplisting is completed.
HAON will probably file 8K's on the buyback, so don't depend on the 10q to have all the answers.
HAON has already gone for the "$3 Million Asset, Stock Buyback to $.01" deal, and has 30 days to complete .01/share, bid price.
"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." - So, the uplisting should be completed by June 2018.
Around May, or June should start the 30-day period, where the share price will go up to.01/share, on the bid, and close for 1-trading day. - This is the minimum price, and may go higher.
HAON won't be able to payback the 3 million loan if the company stays on the pink sheets, and likely, before 2019 this position will be over .01/share on the bid, which is the requirement to get uplisting to the otcqb.
I hope the management has fun paying back their 3 million loan while staying on the pink sheets.
Not trying to hype the stock, however, HAON has a 3 million dollar loan to buyback shares, and sooner than later if the share price goes up.
Continued: Haon wants an uplisting to otcqb, which has a requirement to close for one market day at .01/bid out of 30 day period. - This is what the 3 million was supposed to do, and get the uplisting, then something like a reverse split of around 1 for 100 to 250, with revenues, so they can qualify for Nasdaq.
The problem is that, and with these new Nasdaq rules, is that a company can't go from pink sheets to Nasdaq, without being on the otcqb first. - Part of HAON's business model is "using stock grants as a form of payment to capitalize on accretive acquisition opportunities," where if this company is to grow with increasing revenues, will have to be listed on the Nasdaq.
Bernard could steer company to higher highs (Nasdaq listing,) or keep halitron on the pink sheets.
What happened to "HAON Announces $3 Million Asset, Stock Buyback to $.01.?"
Did "The Smartest Guys in the Room" decide to cut the 3 million out for themselves, and not have the buyback?
"They are on time as well." One reason on time is to show Nasdaq they are serious about getting the uplising to the otcqb, and later Nasdaq exchanges. - After getting the uplisting to the otcqb, then reverse split to Nasdaq. - There will also have to real, and increasing revenues to support this type of move.
3 million doesn't stay around very long when nobody has any money. Either do the buyback, and get uplisting to the octqb, or money will be gone, with no time to recover from future revenues.
Waiting on a future time to make money rarely doesn't work.
Halitorn is in for 3 million on the buyback, and has agreed to payback on July 2020. If everyone is waiting on 2019, may interfere with running the business, and not get uplisting to the Nasdaq.
With the new Nasdaq listing regulations, it's not possible to go from a pink sheet to Nasdaq from doing a reverse split.
Yes, very good question.
It could be that HAON is uplisting to higher tier on otcQB.
They will have to get the bid to .01/share for 1-trading day, within a 30-day period, and will qualify for the uplisting from a pink sheet to otcqb. - Some think we are somewhere in the middle of this 30-day period.
As Jim Cramer said on his show "Mad Money: "It doesn't hurt to take green." - That's what is going to happen when HAON breaks out.
The 3's are a gift from HAON.
Sellers didn't get the memo that Halitron does good in a down market, and treating this triple zero like a fortune 500 company.
Dow down 350 points, and Nasdaq down 87 points. - 2/9/18
Possibly a 1-for-100 reverse split around .05/share. This would give HAON a 5/share footprint to investors for higher share price. - This would have to be supported by increasing revenues (bankruptcies, and acquisitions) in a down market.
This 1.4 billion at .0002/share, at 280K market maker payout, is a gift for the buybacks, and market makers will need to raise the share price to get back their quarter of a million dollars.
All good in the HAON hood.
HAON wants "bankrupt, distressed or insolvent businesses," and "existing infrastructure and profitable firms possessing a strategic operational fit that can benefit from Halitron's collective group of businesses."
Dow Jones is down over 500 points, and falling. With higher inflation, and increase interest rates for our economy, which are growth signs for Halitorn, may have to increase their equity through raising their share price beyond .01/share, and increasing their share buyback program.
Tom, on the Haon page. Remove the "other holdings" - nothing there with no hyperlinks going nowhere.
Market opportunities: - nothing there, and needs to be removed.
Under vertically integrated business model. - nothing there, and remove the area where there was supposed to be a paragraph.
remove the link to current operation - most of these links don't work, and need to be deleted, to clean up the HAON page.
MM's holding the 4s, so HAON can buyback.
You know, I was thinking the same thing.
Why would Halitron suggest halliburton, and .01 cent? Unless they wanted a chance to buyback at .01/share before the share price goes higher.
Profit-generating acquisitions will increase as inflation, and interest rates increase, where most likely, the stock market will decline.
Stock grants from the increasing acquisitions will give away equity as the float, and outanding increase, where a reverse split will hedge against future, and increasing revenues.
The only answer is to buyback shares while halitron can, and may see the share price go over .03 cents per share.
Stock grants from the upcoming purchase is what's pushing the float, and outstanding shares for now, with possible baybacks are part of the mix.
Try to get the share price up to a .01/share, doesn't mean they will make it up to that price.
Market Value1 $2,183,822 a/o Feb 06, 2018
Authorized Shares
11,000,000,000 a/o Jan 22, 2018 (11 billion)
Outstanding Shares
7,279,408,163 a/o jan 22, 2018 (7.2 billion)
Float
6,002,351,953 a/o jan 22, 2018 (6 billion)
NEWTOWN, CT, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Halitron, Inc.
(the “Company,” “Halitron”) (HAON), a multisector holding company, is pleased to announce that operations from its portfolio company, Hopp Companies, Inc., have successfully relocated to Newtown, Connecticut.
Since the acquisition closed in late 2017, Management has been working diligently on evaluating the former operating model by replicating its infrastructure on Halitron’s systems and relocating to a smaller and more efficient manufacturing environment based on lean manufacturing and back office principles.
In the upcoming months, Management plans to exit the lease in New Hyde Park, NY, clean up the old facility, and sell off excess raw material and equipment.
The move is expected to reduce direct costs by 63% while improving margins, and ultimately improving the bottom line for shareholders.
The benefits should be noticed on Halitron’s P&L and ultimately translated to the Company’s balance sheet.
Recent cash flows from operations have primarily been allocated to relocating the business and the build-out in Connecticut; however, Management has allocated funds for two purchases of Halitron common stock in the open market, and the Company hopes that additional funds for purchases of common stock will be available in the future as a result of the relocation and operational expense reduction.
Management anticipates that the Company will continue to buy back shares as cash flows from operations are available.
The stock buyback purchases will be reported in Halitron’s quarterly filing.
NEWTOWN, CT, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Halitron, Inc.
(the “Company,” “Halitron”) (HAON), a multisector holding company, is pleased to announce that operations from its portfolio company, Hopp Companies, Inc., have successfully relocated to Newtown, Connecticut.
Since the acquisition closed in late 2017, Management has been working diligently on evaluating the former operating model by replicating its infrastructure on Halitron’s systems and relocating to a smaller and more efficient manufacturing environment based on lean manufacturing and back office principles.
In the upcoming months, Management plans to exit the lease in New Hyde Park, NY, clean up the old facility, and sell off excess raw material and equipment.
The move is expected to reduce direct costs by 63% while improving margins, and ultimately improving the bottom line for shareholders.
The benefits should be noticed on Halitron’s P&L and ultimately translated to the Company’s balance sheet.
Recent cash flows from operations have primarily been allocated to relocating the business and the build-out in Connecticut; however, Management has allocated funds for two purchases of Halitron common stock in the open market, and the Company hopes that additional funds for purchases of common stock will be available in the future as a result of the relocation and operational expense reduction.
Management anticipates that the Company will continue to buy back shares as cash flows from operations are available.
The stock buyback purchases will be reported in Halitron’s quarterly filing.
"The Fed is trying to unload $4.6 trillion worth of bonds," and Russia, Saudi Arabia and China don't want them.
Also, Paul Tudor Jones said inflation is about to appear “with a vengeance” and may force the new Federal Reserve chair to accelerate interest-rate hikes.
inflation, and interest rates go up means consumers will have less money to spend, causing the economy to decline, which will casue acquistions to skyrocket.
This is so the fed can support the value of the dollar, which may also suggest fast turnarounds for Halitorn, and covert the deal into cash.
Money will be harder to get with increased buying power.
Moderators please remove links that go nowhere, and label the links that work. The investorshub web page for HAON looks amateurish. - Try the edit box, and save after changes.
"Halitron, Inc. (HAON) Buying Back Shares to $0.01 per Share" also says the share price is going over .01/share.
NUVUS.io may not be real. - There are no GETX coins, and if there were, what is the price? If these GETX coins did exist, who sold them, and what was the last selling price, and why no exchange, so now we hear the coins sold out?
IBM hyperledger is an experimental software package that does not work.
Yes, strong hands for now.