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Saturday, January 27, 2018 6:16:43 PM
Recently, Halitron, Inc. (OTC Pink: HAON) announced that it booked $342,000 in revenue for the fourth quarter 2017 which represents a 110% increase in sales over the third quarter 2017.
The company stated in its press release… “With a market cap of only approximately $1,324,000, Management is excited to announce that its sales for the three months ended December 31, 2017, have been recorded at approximately $342,000, which represents an increase of 110% over its previous quarter sales of approximately $163,000, for the three months ended September 30, 2017.”
If sales continue at only half this pace throughout 2018, the company could be looking at over $3 million in sales for 2018.
The current market cap of Halitron, Inc. (OTC Pink: HAON) is approximately $1.3 million, its shares can have a dramatic upside.
Previously the company announced that margins are also expected to increase due to its reduction of a manufacturing cell expenses by 65% after a move from Newton CT, to New Hide Park NY.
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