HAON

Halitron, Inc.

 
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Halitron Inc. Acquires ChamberBusinessCenters

Sep 24, 2015

OTC Disclosure & News Service

Newtown, CT -

Halitron, Inc. Acquires ChamberBusinessCenters

and Plans to Launch Shared Office Space Locations in Key U.S. Markets

 

Newtown, CT (September 24th, 2015) /OTCMarkets/ – Halitron, Inc.  (OTCPK:HAON), an equity holding company implementing a roll-up of sales and marketing businesses, today is pleased to announce the acquisition of ChamberBusinessCenters with a tactical sales plan to establish “footprints” in strategic markets throughout the United States. 

Bernard Findley, Halitron Inc.’s Chief Executive Officer, commented, “The acquisition of the ChamberBusinessCenters model is a strategic initiative to provide a local office presence in key markets.  Within each ChamberBusinessCenters location, we will operate under a partnership with a local entrepreneur where we would co-manage a shared office environment.  We hope that each center will not only be profitable for both parties under the partnership agreement, but also provide Halitron Inc. with a low cost home-base for future acquisitions that are lacking a national sales force infrastructure. ”

Larry Kozin, Founder of ChamberBusinessCenters, will stay on and serve as President. Mr. Kozin commented “The acquisition will give us the resources and credibility to quickly expand nationwide. With an average upfront profit of $20,000 per center, we will also seek out a dual income stream through add on services like insurance and marketing specifically targeting in-house renters while simultaneously co-promoting renter’s products and services.”

The first two centers, located in Las Vegas, Nevada, were structured as flagship locations and in only six months of testing are now fully rented and generating a profit.  The Company’s current plan is to structure each center with an upfront partnership fee and an ongoing commission ranging from 10% to 20% of gross proceeds from add-on product and services.  Management expects to lever long term partnerships to fill office vacancy and that pending any unforeseen delays and/or event, it anticipates each center to be cash flow positive from the first month of operation. 

Halitron, Inc. issued 5,000,000 restricted common shares at a valuation of $.04 per share based on initial testing of flagship locations in Las Vegas, Nevada.  The issuance of restricted common shares was for the entire ChamberBusinessCenters business model and no additional shares will be issued to the sellers. 

About Halitron, Inc.

Halitron, Inc. (OTC: HAON) is an equity holding company  is focused on acquiring sales, marketing, and manufacturing businesses, and rolling them into an efficient, low cost operating infrastructure.  For more information on Halitron Inc. please visit www.hailtroninc.com.

 

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

www.halitroninc.com

Investor Relations - info@halitroninc.com

3 Simm Lane, Suite 2F, Newtown, CT 06470  - 1-877-710-9873

This release includes additional documents. Select the link(s) below to view.

HAON PressReleaseCBC.pdf

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