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Wednesday, November 25, 2020

Halitron (OTCMKTS:HAON) is Putting its Strategy in Place

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Halitron (OTCMKTS:HAON) is seeing some bull action this month and increased volume and we thought we would highlight the Newtown, Connecticut equity investor. HAON is focused on the acquisition of other sales, marketing, and manufacturing businesses with the intention of scaling their existing operations. Since October of last year, HAON has been stringing together a lot of positive news, which has brought investors to the table. Let’s run through it because an uplisting to the OTCQB is on the horizon and that could further bump the price.

In October, HAON acquired the HOPP companies. Hopp, a New York company, is a leading manufacturer for quality Point of Purchase (POP) displays for in-store marketing, merchandising, pricing, and sales aids for many types of retail stores, suppliers, distributors and warehouses nationwide. HOPP has 7,000 accounts and this deal was expected to boost the share price, and it did – more on that later in the article. Next, later in the same month, HAON issued a stock buyback of common shares up to a price of $0.01. This boosted the share price and HAON claimed that the Hopp acquisition lifted its cash position.

 Halitron (OTCMKTS:HAON) is an equity investment holding company. The Company is focused on implementing an acquisition roll-up model of acquiring high growth sales and marketing businesses. The Company is structured with two Strategic Business Units: Sales & Marketing Division and a Manufacturing Division. It is focused on acquisition targets that provide sales, marketing, and manufacturing services and products. The Company’s portfolio holding include CinchSigns, NDG Holdings, Inc., Teknik Digital Arts, Inc. and Archival Museum Supplies. The Company has two footprints; one in Newtown, Connecticut, that houses sales, marketing, finance, and a second location in San Diego, California, which is the distribution point for products, which are primarily made in and around Tijuana, Mexico. The Company is focused on acquiring bankrupt, distressed or insolvent companies where it can acquire the business inexpensively and then roll the assets into its infrastructure.

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Following the buyback, one of HAON’s investments launched a “best business directory” called Life’s Time Capsule Marketplace, also listed on the OTC.

On the financial side, in December, HAON saw revenues pop $300k on Hopp’s company assets and also cut company costs by 63%. In addition, to start the year HAON made 110 percent increase in sales; approximately $342,000 over its third quarter 2017. On January 22, 2018, the company released that it had returned equity and preferred stock to LTCP in exchange for the receipt of a note payable for $3 million, bearing interest of 4%, which will mature in July 2020. We believe that the market appreciated the news. The company lowered its financial risk in LTCP, which is appreciated by shareholders and debtholders.

Halitron (OTCMKTS:HAON) has market cap of $2.5M with $39,845 in cash, $2,139,791 million in goodwill, $5,774,437 in assets and $6,450,127 in total liabilities. Total shares out are at 448.86M. HAON has done right be shareholders in the past and leadership looks adept at working with assets. We suggest watching this one closely as uplisting looms. Sign-up for continuing coverage on shares of $ADVT stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $HAON, either long or short, and we have not been compensated for this article.

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