Halitron Inc (HAON)

[Moni001]

Management Confirms Sales Growth Plan, Stock Buyback Strategy, No, Reverse Slit and Targeting Acquisitions in Hyper-Growth Markets.

NEWTOWN, CT, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Halitron, Inc. (HAON) (the “Company,” “Halitron”) (OTC: HAON), a multisector holding company, is pleased to outline its talking points from the 2nd Quarter 2018 Shareholder Conference Call hosted on Thursday, August 16th, 2018.

Sales Growth Plan - Retailiom hired two new sales members in 2018 which has positively impacted top line sales. The Company has three more brands that are scheduled to be further developed over the coming quarters to increase sales levering a very efficient operating infrastructure.
Stock Buyback Strategy - Now that Halitron (HAON) has seen two consecutive quarters with consistent double-digit growth without decreasing margins, management is in the position to begin to ramp up its stock buyback program of up to $0.01 per share in the open market as previously reported.
No Reverse Split - Management reconfirms that it has no current plans to reverse split the common shares of Halitron Inc. (HAON) Rather, it plans to complete more acquisitions utilizing its shares as currency (restricted shares). Halitron (HAON) plans to stay focused on growing shareholder value by continuing to implement its current business model which has grown to approach $500,000 per quarter in sales.
Audit - Upon completing a two-year audit, the Board will review the requirement set by OTC Markets which currently states that a Company planning to apply for an up list to the OTC QB market must have a stock price of $0.01 or higher for 20 consecutive trading days. We believe Halitron, Inc. (HAON) can achieve this milestone without a reverse split.
Hyper-Growth Markets - Management will continue to develop its currently owned and future acquisition assets over the current quarters and will change its acquisition focus to include hyper-growth markets. Management feels the acquisition of established and growing companies within this space will have a positive impact to shareholder value. More information will be released as the Company goes through the merger and acquisition process with targeted companies or assets.


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