Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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RNS out, delisting of AIM
Hi Vauch.
My broker has e-mailed me offering to buy them on a best blind bases , says unlikely to get more then 0.001usd per share.
Never come across this before guessing they have shorts they want to close.
i am thinking its better then nothing , would you take it ?
HI Vauch .
Thanks for posting that.
Looks like pi will not be getting anything for our shares were you in ?
("HaloSource" or the "Company")
Update on Funding Options
HaloSource Corporation (HAL.LN, HALO.LN), the global clean water technology company, announces that it has received an offer from Strix Group Plc to acquire the majority of the Company's assets for approximately US$1.3 million in cash, (the "Disposal"), including an advance of funds to the Company for working capital purposes of approximately $0.1 million by way of an unsecured promissory note. Cash received from completion of the Disposal will be used to pay the Company's creditors. It is not expected any payment will be made to its shareholders.
The Disposal remains subject to, inter alia, the satisfactory completion of due diligence, agreement of legal documentation, including the detailed list of assets subject to the offer, and HaloSource shareholders' approval.
A further announcement will be made as soon as appropriate.
("HaloSource" or the "Company")
Update on Funding Options
HaloSource Corporation (HAL.LN, HALO.LN), the global clean water technology company, announces that it has received an offer from Strix Group Plc to acquire the majority of the Company's assets for approximately US$1.3 million in cash, (the "Disposal"), including an advance of funds to the Company for working capital purposes of approximately $0.1 million by way of an unsecured promissory note. Cash received from completion of the Disposal will be used to pay the Company's creditors. It is not expected any payment will be made to its shareholders.
The Disposal remains subject to, inter alia, the satisfactory completion of due diligence, agreement of legal documentation, including the detailed list of assets subject to the offer, and HaloSource shareholders' approval.
A further announcement will be made as soon as appropriate.
The spread has been even greater since warning , news of suspension on SP , no news of it above here on this site .Looks like its finally over.
Last trades show as sells @ 0.1 on 14th Dec ( one week )
Woodford still in ?
I read a head line on share prophets but they always slagged this and him more widely .
Update on Fundraising and Funding Options—— As previously announced most recently on 26 October 2018, the Company's cash position is expected to fund the Company until around the end of December 2018. The Company's cash resources are now low and the Company is managing its working capital position closely. If the Company is not able to complete a fundraising prior to the Company exhausting its cash resources the Board will have no choice but to initiate insolvency proceedings. ITS ALL OVER !!!!!
Thanks for getting back TOKAI 1
i think i saw an RNS alert somewhere today not showing on this site but i see another poster mentioning its going bust ?
Most likely the patents and water bottle have been hived off already
Well that was a kick in the arse at the end of RNS no funding end of month the file for bankruptcy.
So this is why the move office as it protects them unlike in US
Crooked a fu**
Sorry ripley, I missed that message. News on funding today. Hopefully they can get the products to sell on the market. Would nice to have a few blue days here.
Whats new then Tokai1 ?
Down 10% spread 25 % @ 9am
Not looking good as I read it.
https://www.investegate.co.uk/halosource-corp--hal-/rns/trading-update/201810260700032527F/
RNS are under epic HAL.
**** knows why
https://www.investegate.co.uk/halosource-corp--hal-/rns/astrea-is-first-bottle-certified-to-reduce-lead/201810021035016907C/
Tuesday 02 October, 2018
HaloSource Corp
astrea is first bottle certified to reduce lead
RNS Number : 6907C
HaloSource Corporation
02 October 2018
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
HaloSource Corporation
("HaloSource" or the "Company")
astreaTM ONE Becomes First Bottle Certified to Reduce Lead
Clean water innovator HaloSource Corporation announces today that its astreaTM ONE filtering water bottle has become the first bottle in the world to be certified to the NSF/ANSI53 ("NSF53") standard for lead reduction. This is a significant milestone for the Company, as it has officially received notification of certification from the Water Quality Association (WQA) for its patent-pending technology and innovative astreaTM ONE filtering water bottle. Official certification documentation of the astreaTM ONE bottle can be viewed at:
nterim Results
Released : 27.09.2018 07:00
RNS Number : 0796C
HaloSource Corporation
27 September 2018
27 September 2018
HaloSource Corporation
("HaloSource" or the "Company")
Interim results for the six months ended 30 June 2018
HaloSource Corporation (HAL.LN, HALO.LN), the global clean water technology company trading on London Stock Exchange's AIM market, today announces its unaudited interim results for the six months ended 30 June 2018 (H1 2018" or the "Period").
Highlights
· Revenue from continuing operations of $0.9 million (H1 2017: $0.9 million),
· First orders received for the Company's lead reduction technology under its astreaTM brand, with product shipments beginning this month
· Operating expenses from continuing operations increased by 10% to $3.6 million (H1 2017: $3.2 million) largely resulting from non-recurring expenses arising from the Company's re-domicile to the British Virgin Islands ("BVI")
· Net loss of $3.9 million (H1 2017: $3.2 million)
· Net cash and short-term investments at period end of $0.1 million ($1.2 million as at 31 December 2017) before completion of $2.0 million financing (before professional fees incurred) on 10 September 2018
James Thompson, CEO of HaloSource, said:
"HaloSource has always been an innovation company at its core. With world-class technologies we partner with global consumer product companies to provide innovative drinking water purification products. However, since focusing solely on our drinking water business in the last two years, we have recognized the commercial limitations of this go-to-market strategy. As a result, we have augmented our commercial strategy to better leverage our technologies and generate greater returns for our shareholders by launching our own line of drinking water products targeting the US and European hydration markets (bottles and pitchers) while continuing to grow our OEM business in China. With the new astreaTM line of one-of-a-kind heavy metal removal (specifically lead) hydration products, we now believe that we can have greater control over our technology and improve the likelihood of commercial success.
During H1 2018, we announced the successful completion of the first commercial production of our new heavy-metal reduction media in conjunction with our supply chain partner, Chematek SpA. Also, in Q1, we received our first orders from this new strategy via the Indiegogo crowdfunding platform. On World Water Day 2018 (March 22) we launched this crowdfunding campaign in the US targeting health-conscious consumers with our new astreaOne daily filtering water bottle. In a few weeks, we received orders for 1,300 bottles to consumers, with interest from consumers in Europe and Asia in addition to the US. We expect these orders to be fulfilled by mid-October. We followed up this effort by signing our first specialty retail partner, Sur La Table, Inc. a premium retailer selling kitchen and
Q3 ...
"Testing for the lead-certification at the Water Quality Association (WQA) labs was successfully completed in June and the official certification is expected in"
Waiting game here as well
Pulling out of this share on Monday. No shareholder communication whatsoever, so why would they expect people to invest? Very amateur IMO.
Hi Blue.
Still in but as nothing ever happens for month I don't bother looking in.
Seems that this co is not interested in even moderate communications
everyone gone?
On social media, I would encourage you to like and follow our new brand, astrea, on Facebook, Twitter or Instagram, where we are posting at least daily https://www.facebook.com/astreawaterUSA/ https://twitter.com/astreawater_usa https://www.instagram.com/astreawater_usa/ We also have Facebook and Instagram links for our products in India as well: https://www.instagram.com/astreawater_india/ https://www.facebook.com/astreaWater/