Replies to post #49717 on Halitron Inc (HAON)

[towerclimber92]

It would be foolish to decimate the bid at .0001. I agree, if they are selling, then it's a slow stream at .0001.

We need timelines on how long the company needs to sell shares at .0001 for. How much longer do they need to rely on shareholder financing to sustain?

I feel like they are so close to reaching that pivotal point of success where they are bringing in enough money and no longer need to rely on shareholder financing with the exception of acquisitions. I could be wrong but that's the feeling I got from the conference call.

Anyways, the company talked about adding a 2nd shift, but they didn't specify a timeline for that. If they can get that done this quarter, I would be very interested to see how that affected their bottom line along with the elimination of relocation expenses for Q3.

[Viewmont]

I see what you're saying but, your post earlier makes more sense to me.

This is part of what you posted before.
(A lot of disgruntled holders may be selling into 1 just to get out.) This makes sense.

Because if HAON puts an order to sell 30 mil shares at .0001, it'll be gone in a blink of an eye.

I don't see HAON putting multiple different size tiny orders to sell like 2 mil shares, 5 mil shares, 1 mil shares etc... Not to make the bid go to 0?

I don't know! It's a puzzle to me.

[Viewmont]

Also, HAON, when he sees 250 mil on the bid at .0001. he can place a 100 mil for sale at .0001 and it'll be gone in a second, and still will remain 150 mil on the bid for it not to go to 0 bid.

[d3w]

After distributing 1.3 billion shares in under a few hours, I just can't imagine they would take the time or have the patience to trickle sell a few million shares.