Halitron Inc (HAON)

[Viewmont]

We have to read it again, if it said at the management's discretion or something similar.

I don't care about the dividend much, I need good news that elevates the stock price.

Here, I found it! Read the key words at the end of the paragraph: "Assuming profitable" "At the company's" discretion...

Life's Time Capsule, an online secure digital scrapping booking service, issued 2,805,750 shares of restricted common stock and 80,000,000 shares of Preferred Stock C to Halitron as consideration for the two brands. Halitron currently intends to retain the shares of Preferred Stock C until around September 29, 2017, when 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.

http://www.otcmarkets.com/stock/HAON/news/Halitron--Inc--Sells-Two-Brands-in--3--Million-Deal----To-Issue-Dividend?id=164871&b=y