InvestorsHub Logo
Followers 114
Posts 10081
Boards Moderated 1
Alias Born 03/04/2008

Re: None

Monday, 08/20/2018 6:05:20 PM

Monday, August 20, 2018 6:05:20 PM

Post# of 59932
$HAON - 2 Year HOLD IMO....Or just sell and come back Summer of 2020, lol

Halitron has returned 56 million restricted common shares and 80 million Life's Time Capsule Services, Inc.'s ("LTCP") Preferred Stock C shares to LTCP in exchange for the receipt of a note payable for $3 million, bearing interest of 4%, which matures in July 2020.

In the transaction, the assets sold to LTCP in the original transaction will revert to a Halitron asset on its balance sheet. In 2020, upon receipt of the $3 million principal and interest along with Halitron's Board of Directors' approval, Management will submit corporation action paperwork to FINRA for the issuance of a cash dividend to its shareholders, of which record, and payment dates will be announced post receipts of the settlement of the note payable for $3 million.