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.
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Relations - info@halitroninc.com
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