Halitron, Inc. (OTC Pink: HAON) Q4 Revenue $342,000 Up 110% – Up List to OTCQB

Halitron, Inc. (OTC Pink: HAON) booked $342,000 in revenue for the fourth quarter 2017 which represents a 110% increase in sales over the third quarter 2017.

Halitron, Inc. (OTCMKTS:HAON)

MIAMI, FLORIDA, USA, January 16, 2018 /EINPresswire.com/ -- EmergingGrowth NewsWire – 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).

Halitron, Inc. (OTC Pink: HAON) just announced that it booked $342,000 in revenue for the fourth quarter 2017 which represents a 110% increase in sales over the third quarter 2017.

The company stated in its press release… “With a market cap of only approximately $1,324,000, Management is excited to announce that its sales for the three months ended December 31, 2017, have been recorded at approximately $342,000, which represents an increase of 110% over its previous quarter sales of approximately $163,000, for the three months ended September 30, 2017.”

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

If sales continue at only half this pace throughout 2018, the company could be looking at over $3 million in sales for 2018.

The current market cap of Halitron, Inc. (OTC Pink: HAON) is approximately $1.3 million, its shares can have a dramatic upside.

Previously the company announced that margins are also expected to increase due to its reduction of a manufacturing cell expenses by 65% after a move from Newton CT, to New Hide Park NY.

Halitron, Inc. (OTC Pink: HAON) is also currently completing its audit which will allow it to qualify for an up list to the OTCQB in the early part of 2018.

During the two previous quarters, HAON has posted assets for 56 million Restricted LTCP Common Shares and 80 million LTCP Preferred Stock C shares. The LTCP Preferred Stock C is entitled to a dividend payment in 2020 in the form of cash or LTCP common shares in 2020 valued at $3 million.

LTCP Management has planned to pay the $3 million payment due on the holder of the LTCP Preferred Stock C shares upon LTCP either completing a sufficient fundraising or generating cash flow, which may be earlier than the planned 2020 dividend date.

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.

EmergingGrowth.com
info@EmergingGrowth.com

Emerging Growth Staff
EmergingGrowth.com
305-323-5687
email us here