Halitron, Inc. (HAON) Emphasizes Synergy between Holdings fo Halitron, Inc. (HAON) Emphasizes Synergy between Holdings for Collective Growth and Increased Success
Previously known as Teknik Digital Arts, Inc., equity holdings company Halitron, Inc. (OTC: HAON) now focuses its efforts on acquiring businesses and transforming them into efficient, low-cost entities. Halitron finds bankrupt or distressed companies and turns them into profitable businesses. The company also searches out already profitable businesses with the potential of maximizing growth within its operational infrastructure. Halitron believes that, collectively, its holdings will provide growth and profits by offering their products or services to each other while maintaining sales to outside customers.
In a recent news release, CEO Bernard Findley stated, “Over time, this structure will benefit the group, including Halitron’s shareholders, and should create shareholder wealth through increased sales and net income.”
In January 2015, the company took its first step toward implementing this business strategy by acquiring NDG Holdings, Inc., a scalable business processing organization that delivers digital marketing services. NDG Holdings has the capability of greatly benefiting future acquisitions with its marketing strategies.
In February 2016, Halitron acquired PRD Holdings Inc., a company with factory investments in Mexico that manufactures print and plastic products, along with PiecesInPlaces, a company that sells vinyl file folders, pages, and pouches to the medical industry. Working together, these two companies have the power to add 35% to gross margins by manufacturing the vinyl products and then delivering them to the end user under the Halitron umbrella. Plus, the marketing experts at NDG Holdings will help PiecesInPlaces gain more exposure, thus increasing revenue.
The following month, Halitron acquired Archival Museum Supplies, a seller of archival grade storage products, and Archival Photo Pages, a supplier of archival grade scrapbooking supplies. Both of these companies offer products designed to preserve objects of historical value in their niche markets. Paired with PRD Holdings, Inc., products by Archival Museum Supplies can be manufactured and sold to enhance gross margins by 35%. As for Archival Photo Pages, Halitron seeks to leverage their current customer base with new products centered around players in the digital life story sphere, such as Ancestry.com.
Using the strengths of each holding toward benefiting others within Halitron’s growing portfolio provides a clear path of higher revenue streams for all, including shareholders. The synergy between NDG Holdings, PRD Holdings, PiecesInPlaces, Archival Museum Supplies, and Archival Photo Pages has already proven valuable and advantageous. Halitron and its operations are expected to generate over $10 million in sales over the next three years. In the meantime, the company will continue to acquire strategic business units in its sales, marketing, and manufacturing divisions.
For more information, visit www.halitroninc.com
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