Acquisition Pipeline of Over $63M in Sales
NEWTOWN, CT — (Marketwired) — 06/29/16 — Halitron, Inc. (the “Company”) (OTC PINK: HAON), an equity holding company implementing a roll-up of sales, marketing, and manufacturing businesses, today is excited to announce its acquisition pipeline totaling over $60M in annual sales.
Management has continually sought out strategic acquisitions to lever its current infrastructure. As outlined in its business plan, we will seek out distressed, as well as successful ongoing businesses to acquire and operate within our equity holding model. While the first group of acquisitions were a series of distressed brands and a factory, now vertically integrated Management is repositioning the businesses to operate more efficiently and thrive under new ownership.
We have identified five new target acquisitions summarized by their industry as detailed below:
Sales, Product Development, and Manufacturing $18M
Sales & Product Development $8M
Total Sales $63M
Management has also targeted a number of smaller add-on acquisitions not listed above.
“Halitron, Inc. is in negotiations for a $300,000 traditional debt capital raise to fund current operations as well as implementing our growth plan which is forecasted to generate between $3M and $5M in sales within twelve months post close of capital. Additionally, we are seeking out larger financial partners to help us evaluate and close on the up to $63M in additional sales through future acquisitions,” states Mr. Findley, Halitron’ s Chief Executive Officer. “We have spent the past year and half developing Halitron Inc., resurrecting market interest, and creating value for our shareholders. Once we close on this small round of capital we will look to implement the next level of growth with acquisitions that will be much larger in size, leveraging current infrastructure, as well as targeting new, exciting, and high growth industries.”
About Halitron, Inc.
Halitron, Inc., an equity holding company, is focused on acquiring sales, marketing, and manufacturing businesses, and then rolling them into an efficient, low-cost operating infrastructure. The Company is structured with two Strategic Business Units; Sales & 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.halitroninc.com.
To learn more about our business model, please visit: http://www.otcmarkets.com/stock/HAON/video-and-presentations
Sales & Marketing Division – Companies that have operations in traditional marketing services and branded sales opportunities.
Current Equity Assets/Holdings:
NDG Holdings, Inc. – digital marketing
www.PiecesInPlaces.com – brand sales
www.ArchivalMuseumSupplies.com – brand sales
www.ArchivalPhotoPages.com – brand sales
www.CinchSigns.com – brand sales
Manufacturing Division – Companies that have operations in the manufacturing industry.
Current Asset/Equity Holdings:
PRD Holdings Inc. – Mexican-based manufacturing
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.
Halitron Investor Relations
3 Simm Lane, Suite 2F
Newtown, CT 06470
Source: Halitron, Inc.