HAON .0026 Merger, dividend, uplisting: Halitron also recently engaged Freidman LLP to perform an audit of Halitron in preparation for listing on the OTCQB market. The audit is expected to be completed by the end of March 2017 followed by the filing of an annual report (Form 10-K) with the SEC and an application to be listed on the OTCQB as a fully reporting company by mid-year 2017.
Halitron, Inc. (OTC Pink: HAON) also recently announced that it is in the final stages of a spin out and merger transaction that has been in the works for the past three months.
Two of Halitron, Inc.s wholly-owned brands are in the process of being spun out into an online social marketing / digital storage company which is currently a public company.
Shareholders of Halitron, Inc., (OTC Pink: HAON) are currently expected to receive a stock dividend of 40 shares of the new Companys common stock for every 1,000 shares of Halitron, Inc.s common stock owned, subject to review and approval by FINRA.
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