Halitron Inc (HAON)

[MaverickDave]

Yes. I have thought about it. That’s why I’m so irate. I’m not concocting baseless negative scenarios. If you are only willing to entertain scenarios you like, you have lost the ability to be objective about $HAON.

Fact: There are 330M shares weighing down the ask at $.0002 ($66,000)
Fact: The A/S has been increased by 14 BILLION shares
Fact: Since October 2017 when the buyback was first announced, Findley has only repurchased 6.5M shares of the 10 BILLION outstanding (as a percentage, that’s .065% of the O/S, so not even 1%)
Fact: It is now July 2018, it’s been 9 months since the initial buyback announcement
Fact: There are 5 months left in 2018
Fact: $HAON has self imposed buyback guidelines that limit share repurchases to 25% of 4 week average volume

It’s basic math. You take the 4 week average volume and divide it by 4. There’s your 25%.
You compare that number to the 330M shares on the $.0002 ask.
This is what leads me to predict no real PPS progress in 2018.
Maybe 2019.