Halitron, Inc. (OTC Pink: HAON) – To Complete Merger, Issue Stock Dividend and Up List with $5 Million Revenue Target

Date : 02/27/2017 @ 12:00PM
Source :InvestorsHub NewsWire
Stock : Ibrands Corp. (PN) (IBRC)
Quote : 0.0001  0.0 (0.00%) @ 12:00AM
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Halitron, Inc. (OTC Pink: HAON) – To Complete Merger, Issue Stock Dividend and Up List with $5 Million Revenue Target

Halitron, Inc. (OTC Pink: HAON) To Complete Merger, Issue Stock Dividend and Up List with $5 Million Revenue Target

Miami, FL-- (InvestorsHub NewsWire -- February 27,2017) 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 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. stated that more details regarding this transaction including final stock dividend ratio, share price, record and payable dates, the revenue model, and its new stock symbol, will be announced upon completion of the transaction.

Halitron is on target to raise the $300,000 necessary to proportionately increase sales of its four existing legacy brands to between $3 to $5 million annually.

Halitron engaged Freidman LLP to audit the books and records of Halitron in preparation for listing on the OTCQB market. The US GAAP audit is expected to be completed by the end of March 2017 followed by the filing of an annual report on Form 10-K with the SEC and the application to be listed on the OTCQB as a fully reporting company by mid-year 2017.

(OTC Pink: HAON) looks to have a business that largely resembles a mini-Berkshire Hathaway, which has a very diverse set of subsidiary holdings.

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

Other Companies in the news and featured on EmergingGrowth.com

ProText Mobility, Inc.
ProText Mobility, Inc. (OTC Pink: TXTM) had its run to the tune of 2,700% which came to an end on the first of February. No news since January 10th, but they did file their annual report on January 27th.

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

EHouse Global, Inc.
OTC company with a stop sign, Ehouse, Global, Inc. (OTC: EHOS) has shot up 900% over the last four trading sessions on absolutely no news or filings what so ever. The Bollinger band is so wide that its almost vertical. Looking for a pullback and an announcement of some kind.

iBrands Corp.
iBrands Corp (OTC Pink: IBRC) announced 13 trading sessions ago a contract for their Purest CBD product line. The contract was for the delivery of 1,000 kilograms (2,200) pounds by the end of February. February ends tomorrow. Looking forward to seeing if there will be an announcement concerning the completion of the order.

About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

Disclosure:

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-4266/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

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SOURCE: EmergingGrowth.com

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