Wednesday, February 10, 2016

Halitron, Inc. (HAON) Follows Strategic Business Model to Acquire PRD Holdings and PiecesInPlaces

Aligned with its business model to acquire and roll-up sales, marketing, and manufacturing companies, Halitron, Inc. (OTC: HAON) this morning announced its fourth and fifth acquisitions since 2015: PRD Holdings, Inc., a U.S. holding company for a Mexico-based factory; and PiecesInPlaces, a leading direct marketing brand.

PRD Holdings owns several factory investments in Mexico. These factories produce a wide array of products utilizing base materials in the print industry, as well as plastic-based product lines. The 12,000-square-foot main factory is located just a few miles over the border from San Diego, California, where 20 employees and a diverse line of equipment are capable of producing over $20 million in annual sales at full capacity.

In the $150,000 stock acquisition of PRD Holdings, Halitron purchased the corporation, equipment, raw material, finished goods and the know-how within a “very talented management team and employee base to produce goods with high quality at low costs.”

“PRD Holdings Inc. improves gross profits by over 35% with the acquisition,” Halitron CEO Bernard Findley stated in the news release. “We are now vertically integrated and can operate at very attractive margins due to a number of key factors including low labor rates, NAFTA, and distribution costs.”

Halitron also acquired the PiecesInPlaces brand in an asset sale from Plastic Retail Displays, LLC for an additional $27,895 and 4,016,469 in restricted common stock. PiecesInPlaces primarily sells vinyl file folders, pages and pouches to medical, dental and manufacturing businesses looking for ways to efficiently and safely transport important documents throughout an operational process.

In this transaction, Halitron acquired assets including a customer list totaling over 40,657 customers, the www.piecesinplaces.com website, and digital artwork files utilized for print and email blast campaigns. Halitron said it expects the acquisition to add an additional 35% gross profit margin by manufacturing the products it sells to the end user.

“NDG Holdings Inc., a digital marketing acquisition from January 2015, will be able to grow the brand dramatically over the coming years. NDG Holdings maintains a strong analytical focus specifically on digital marketing which has a solid synergy with PiecesInPlaces,” Findley stated.

With these new acquisitions, Halitron said it is on pace to generate over $10 million in sales over the next three years, including its current pipeline of acquisitions.

For more information, visit the company’s website at www.halitroninc.com.

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