Halitron, Inc. (OTC Pink: HAON) Closes on Non-Toxic Financing Required to Boost Revenue to $3 - 5 Million

Miami, FL- (InvestorsHub NewsWire March 6, 2017) EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Halitron, Inc. (OTC Pink: HAON).

HAON may not be at these levels much longer.

See the Press Release and more on Halitron, Inc. (OTC Pink: HAON) at EmergingGrowth.com
http://emerginggrowth.com/?s=haon

Halitron, Inc. (OTC Pink: HAON) just announced that that they closed on the $300,000.00 in financing (announced in their press release of February 27, 2017), necessary to boost revenue of its four existing legacy brands to between $3 - $5 million annually.

Fortunately for HAON shareholders, unlike many early stage companies, the $300,000 financing is in the form of a non-toxic (i.e., the debt thereunder is not convertible into equity at a discount to prevailing market prices), one year credit facility whereby the Company may draw down minimum increments of $5,000, up to a total of $300,000, which carries an annual interest rate of 8%.

Bernard Findley, Halitrons (OTC Pink: HAON) CEO stated, Today we are drawing down our first tranche of capital and are excited to implement our strategic plan,

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.

Halitron, Inc. is expecting to announce an update on the spin out, merger, and dividend details of the two major projects which were also included in the press release of February 27, 2017.

HAON may not be at these levels much longer.

See the Press Release and more on Halitron, Inc. (OTC Pink: HAON) at EmergingGrowth.com

http://emerginggrowth.com/?s=haon

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Have a look at Halitron, Inc. (OTC Pink: HAON)

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