Monday, October 30, 2017 7:30:21 PM
They must've some money/income. They're also celebrating the new purchase saying that it's producing positive cash flow.
NEWTOWN, CT--(Marketwired - Oct 30, 2017) - Halitron, Inc. (the "Company," "Halitron") (OTC: HAON), a multisector holding company, today announced that the Board has approved a stock buyback of Halitron's common shares in the open market up to a stock price of $0.01.
Management and the Board agree that since the acquisition of The Hopp Companies, Inc, which is a profitable company projecting positive cash flows from operations, these initiatives should allow Management to be able to deploy cash flow in a manner to increase shareholder value by engaging in a stock buyback program to place shares back into treasury.
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