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Halitron,
Inc. CEO Provides 2015 Business Recap and Growth Plan
Newtown,
CT (September 29th, 2015) /OTCMarkets/ – Halitron, Inc. (OTCPK:HAON), an equity holding company implementing a roll-up of sales,
marketing, and manufacturing businesses, today released an update on the
business, an outline of its growth plan, and the detailed structure behind its
roll-up acquisition model.
Bernard Findley, Chief Executive of
Halitron, Inc., commented, “2015 has been an excellent year for Halitron Inc. marked
by three key strategic acquisitions, the completion of a two year audit, the raise
of $115,000 in equity capital – all
within the first three quarters. The
Company is now in the process of becoming fully reporting with the SEC and
moving towards an uplisting to the OTCQB exchange where disclosure standards
are higher and opportunities can be greater. In addition, we have also targeted
numerous acquisitions that should add top line sales, while improving gross
margins, cash flow and net income to further increase value for our
shareholders.”
Halitron’s business model is
implemented through the roll-up and vertical integration of hand-picked sales,
marketing, and manufacturing businesses.
Target acquisitions are either companies that may be bankrupt, distressed,
or stagnant, and that need resources to repair a poor operating condition, or successful
growth companies that are seeking to pursue partnering with larger companies
for further business development.
Mr. Findley added, “In some cases, we
may target and close on profitable operating companies that can offer a product
or service to enhance current operations, while at the same time, operate
autonomously and provide positive net income and cash flows that are accretive
to current financial performance. In
summary, we are looking to partner with open minded, flexible entrepreneurs that
seek to join an equity holding company whereby joining forces collectively we may
create incredible shareholder wealth.”
As of today, the Company is currently
comprised of three strategic business units (SBU’s). Below is a preliminary summary of the characteristics
of each SBU along with current equity holdings:
Sales Division - Companies that have operations in a sales
network. Current Equity Assets/Holdings:
-
iDealFurniture -
Memoryzzz
-
KozyFurniture -
KozyPatio
-
PerfectDreamer -
KozyArt
-
ChamberBusinessCenters
Marketing Division - Companies
that have operations in traditional marketing services as well as digital
marketing services. Current Assets / Equity Holdings:
-
NDG
Holdings, Inc. – digital marketing
Manufacturing Division - Companies
that have operations in the manufacturing industry. Current Asset / Equity
Holdings:
-
None at the present time.
Management has elected to structure
operations with three SBU’s to create added focus. By separating units and requiring them to
operate profitably on their own, the Company believes that collectively, the
synergies between them will provide extraordinary opportunities for growth and
profits. Each SBU will offer a product
and/or service to the collective group of companies within Halitron’s equity
holdings, as well as offer these same products/services to outside
customers.
Mr. Findley added, “Over time, this
structure will benefit the group, including Halitron’s shareholders, and should
create shareholder wealth through increased sales and net income.”
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. The Company is
structure with three Strategic Business Units; Sales Division, Marketing
Division, and a Manufacturing Division. Management
targets operating entities that can either benefit from current operating
infrastructure or operate autonomously and offer an additional product or
service to scale existing operations. 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.
Investor
Relations - info@halitroninc.com
3 Simm
Lane, Suite 2F, Newtown, CT 06470 -
1-877-710-9873