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Added HALO to my watchlist and will do some research over the weekend. Initial look tells me, this is a prospective / sector. hope its not too late by next week or so
"This is a significant moment in the Company's history. Water technologies are extremely complicated to develop and have a notoriously long development cycle. In conjunction with our partner Chematek, our innovation team has once again delivered one-of-kind technology that meets the highest of regulatory standards. We look forward to the market response to solving the heavy-metal problem for consumers, and view this as an inflection point for our company and a key value driver for all stakeholders."
"Key value driver for shareholders". This could be the start to the climb back to previous highs with expectations to generate significant revenues in a huge market.
and how much cash do they have??
looks like a big step ahead for HALO
HaloSource, Inc. ("HaloSource" or the "Company") Successful Commercial Production of Lead Reduction Media HaloSource, Inc. ("HaloSource" or "the Company") (HAL.LN, HALO.LN) the clean water technology company traded on London's AIM, today announces the successful completion of the first commercial production of its new heavy metal reduction media, HaloPure� Adsorption Composite ("HPAC") in conjunction with its supply partner, Chematek S.p.A. As previously announced on 13 February 2017, this novel filtration media is expected to be the class-leading lead reduction media for gravity-cartridge and low pressure applications, capable of meeting rigorous National Sanitation Foundation/ANSI 53 ("NSF/ANSI 53") certification in devices such as pitchers and bottles. This innovation represents the Company's second major technology under the HaloPure� brand, joining its disinfection technology the world's leading brominated bead media for cartridge-based bacteria and virus disinfection. Bottles and pitchers using the new lead reduction media will now be available for sale alongside our existing products utilising our disinfection technology. The Company expects to initially use the new HPAC media in a bottle under its own brand, astrea, to be launched in the United States via crowdfunding and e-commerce platforms in H1 2018. This launch is expected to generate the Company's first significant revenues from the sale of drinking water technology in the world's largest consumer market for drinking water hydration devices. We expect to also power our hydration devices in China with this media in conjunction with our e-commerce partnership with Shanghai JiuBan Industrial Co. Ltd. announced on 21 June 2017. James Thompson, Chief Executive Officer of HaloSource, commented: "This is a significant moment in the Company's history. Water technologies are extremely complicated to develop and have a notoriously long development cycle. In conjunction with our partner Chematek, our innovation team has once again delivered one-of-kind technology that meets the highest of regulatory standards. We look forward to the market response to solving the heavy-metal problem for consumers, and view this as an inflection point for our company and a key value driver for all stakeholders."
Not sure on the 2 boards. I think the market has missed something here though. Just need some volume and this will get moving. IMO
why 2 boards? HAL and HALO?
This seems very positive to me.
Lot of information on Halo website. Now I feel confident this share will be a winner in 2018. Now is the time to buy before it rockets. Do your own research & good luck to all.
it expects a "material negative" impact to 2017 revenue as a result of a manufacturing shutdown at ones of its suppliers. The clean water technology firm explained that the Chinese government had issued a temporary shutdown order to manufacturing facilities in the region where a HaloSource supplier of glass pitchers is located. This was, HaloSource added, "for region-wide, rather than supplier-specific, pollution mitigation reasons." As a consequence, of the unexpected delay in delivery of glass pitchers, HaloSource is temporarily prevented from shipping to one of its customers, JiuBan, before the end of 2017. This will have a "material negative impact" on its revenue for 2017. The AIM-listed firm now expects revenue to be between USD2.6 and USD3.0 million. It also anticipates making a net loss of between USD5.0 million and USD5.5 million. In 2016, HaloSource reported a net loss of USD10.7 million on revenue of USD2.1 million.
Go to Halo website to see latest RNS. Additional share placing hit the market today. On the positive side see who took those shares up.
No company updates or any news, some buys today. Can anybody tell me what is going on here, thanks a lot
H20 INTERNATIONAL LAUNCHES HALOPURE POWERED PRODUCTS IN SOUTH AFRICA Marks the first sale of HaloPure�-powered devices on the African continent HaloSource Inc. (HAL.LN, HALO.LN), the global clean water technology company traded on London's AIM, announces today that its patented, best-in-class HaloPure� disinfection technology is being utilised to power a line of purifying pitchers sold in retail outlets across South Africa by H20 International. H20 International has been selling water filtration products in South Africa for nearly 24 years and, according to "The Global Home Water Treatment Industry - Structure and Players, 2015 Edition" Baytel research report, owns a 12% share of the market (on a revenue basis), behind only Brita at 15%. The South African market offers a good opportunity given that tap water quality is highly variable and media attention has consistently raised questions about the potability and safety of water there. James Thompson, Chief Executive Officer of HaloSource commented: "We have known the H2O International US team for many years working with them on several initiatives in Asia and Latin America. They are well established in the drinking water device business and have now built the largest network of drinking water retailers in South Africa in partnership with H2O International SA. As we embark on our new, augmented strategy of hydration products via OEM and our own astrea� brand, the partners we choose will be critical. Being promoted through this well-respected channel lends a tremendous amount of credibility to our technology powered hydration devices." Guillermo Guzman, H20 International (US) Founder & President commented: "Having been in the drinking water device business for decades, we are very well versed in the technologies that exist to make water safe. HaloPure� is building a global following as a novel technology that is powerful in its performance, flexible in its application and competitive in its cost. We look forward to promoting the HaloPure� powered disinfection devices in our 55 outlets across South Africa and exploring future options with HaloSource's new heavy-metal removal media within our outlets and other major retail outlets across South Africa."
The 2017 Hydration Advisory Board consists of six highly respected business leaders and entrepreneurs from various industries: � Vivien Yeung, Chief Strategy Officer at lululemon athletica. Vivien brings a wealth of strategic knowledge from companies including Bain & Co., lululemon and Starbucks and will be instrumental in helping guide astrea's strategic market entry and international channel planning. � Mike Airaudi, Chief Operating Officer at Minus-8. Mike is the former Director of Product at Soma Water, Inc. and will help guide astrea's product and go-to-market strategy. He also brings over a decade of product development experience working with start-ups Incase Designs and Sol Republic, as well as LG Electronics Mobilecomm and Hewlett-Packard. � Bart Massee, Creative Director of Advanced design and Strategy at Hewlett-Packard. Prior to his current role at the technology and printing giant, Bart was Design Director at Philips Sonicare and Philips Design. He brings with him a wealth of sophisticated product design experience and knowledge to help create premium, winning consumer products. � Joe O'Neil, former CEO at Newton Running. Joe is a veteran of the sporting goods industry with experience at leading brands such as Nike, Quicksilver, Adidas, Puma and Reebok. He will lend his management expertise to help guide brand-building, product development and high-end retail strategy. � Erik Viafore, founder and principal of RedStarOne. An experienced executive, entrepreneur and e-commerce expert, Erik founded and led Mountains Plus Outdoor Gear, the online retailer of specialty outdoor equipment, and served as CIO of MedData. His skills will be important in guiding astrea's digital, logistics and e-commerce strategy. � Ted Ackerley, Co-founder and Managing Partner of Ackerley Partners. Ted is the co-founder and partner at Ackerley Partners LLC, a Seattle-based private investment firm focused on media and entertainment. With prior business development stints at Clear Channel Worldwide as well as a current strategic advisor to Pure Value, a Chinese e-commerce company, Ted will help us think through our social media strategy and help advise on channel building efforts.
HaloSource Forms Hydration Advisory Board for New astrea� Line-up of Products HaloSource, Inc. (HAL.LN, HALO.LN), the global clean water technology Company traded on London's AIM (LON: HALO), today announces the formation of the astrea� Hydration Advisory Board. The astrea� Hydration Advisory Board brings together executives and founders whose experiences span the drinking water industry, consumer products, branding/storytelling, e-commerce, digital marketing and global strategy. The primary function of this team will be to help guide the global rollout of astrea�, the first consumer-facing brand which will offer "functionalized" reusable water bottles and pitchers that make water clean and safe to drink. The Company anticipates the advisory board will meet on a regular basis to support the Company leadership in strategy development, tactical execution and operational excellence. James Thompson, CEO of HaloSource commented: "I believe the quality of this advisory board reflects the potential opportunity that exists in offering best-in-class hydration products at a time when the quality of our drinking water continues to deteriorate globally. To have a team of world-class leaders that can help us think through the various marketing aspects of launching a consumer brand will be invaluable. I want to thank each of them for joining us in this special journey."
HaloSource, Inc. (HAL.LN, HALO.LN), the global clean water technology Company traded on London's AIM, today announces its initiative to benefit international nonprofit Water.org and support the organisation's mission of bringing water and sanitation to the world through the sales of its hydration brand astrea�. This charitable initiative begins in India, where astrea� recently launched as the first consumer-facing brand from HaloSource, a global leader in clean water technology. HaloSource expects to donate a portion of its sales from astrea� drinking water purification products in India to Water.org's efforts. James Thompson, Chief Executive Officer of HaloSource, commented: "Today, HaloSource technologies power devices that purify water for millions. Our new astrea line of hydration products are built on a continued commitment to champion solutions to the international water crisis, and it's fitting that our support of Water.org begins in India - where we have been tackling the water challenge with our purifying technology since 2006. As we are continuing our mission to bring our water purification technologies to places that need them most, we're proud to support Water.org to help scale their efforts to use small, affordable loans to make safe water solutions a reality for those living without access. At its core, HaloSource is passionate about providing water purifying solutions that make a difference. As a water technology company, we feel an obligation to find other ways to give back to the greater need - especially to organisations cultivating drinking water solutions in communities that lack access to financial resources. No organisation does this better than Water.org, and we are proud to be supporting its worldwide efforts." Since its origin in 1990, Water.org has worked to explore and scale market-driven solutions to help end the global water crisis. They currently have programs and people working in 14 countries, including India, where they have helped provide safe water and sanitation access to more than four million people across 12 states. Melanie Mendrys, Water.org's Director of Brand and Marketing, commented: "Water.org and HaloSource share a vision for a day when everyone has access to safe water. We admire HaloSource's commitment and are grateful to be a beneficiary of the newly launched astrea product line.� We are grateful that HaloSource, through astrea, places such a high value on corporate citizenship - working hard alongside us to fight the global water crisis through both innovation and philanthropy. This kind of passion fuels social change and we are very excited to work with an organisation that has values so complementary to our own."
Hi mannnan - only pop in here when there is an RNS You can find the answers you are looking for in the Half Year Report of 11 September.
what is the cash position here and how long will last ?....
cont....... The astrea� purifying bottle will provide safe, great-tasting water at home or anywhere users want peace of mind. The bottle leverages patented technology to remove bacteria, viruses and cysts from water that may cause symptoms such as fever and diarrhea. Additional features include a snap-and-fit cap to prevent leaking, an ergonomic mouthpiece that makes it easier to draw water out of the bottle, and a convenient D-ring to easily carry or attach the bottle to a backpack. Tied to the India launch, HaloSource expects to donate a portion of all astrea� sales in India to global water sanitation pioneer water.org. The non-for-profit funds projects in 14 countries worldwide, and has spent more than a decade playing a significant role in India's progress towards improved water sanitation. James Thompson, Chief Executive Officer of HaloSource, commented: "HaloSource is - and will continue to be - a highly sought-after partner to the biggest brands in the water purification and filtration industry on an OEM basis. With astrea, we are well-positioned to further meet demand spurred by the global water crisis by bringing innovative, rigorously tested technology packaged in convenient solutions to India, a country facing a dire water quality situation. The partnership with water.org reinforces our commitment and belief that clean drinking water should be accessible to all people. Through astrea's market availability and our philanthropic efforts, we are excited to partner with other leaders in this sector and champion actionable solutions to the global water crisis."
HALOSOURCE LAUNCHES DRINKING WATER PURIFICATION PRODUCTS IN INDIA UNDER THE astrea� BRAND SEATTLE - HaloSource, Inc. (HAL.LN, HALO.LN), the global clean water technology Company traded on London's AIM, today announces the launch of astrea�, the Company's first consumer-facing brand, to the India market. astrea�, a reference to the Greek goddess of purity, will feature a line of compact purifying solutions that utilize best-in-class technologies to provide consumers with clean, safe drinking water. Indian consumers can currently purchase astrea� water purification pitchers via online retailers Amazon India, Flipkart and on astreawater.in, the Company's own e-commerce storefront in India. A purifying water bottle is expected to be available in October. The Directors of the Company believe that both the pitchers and bottles offer unmatched protection against unsafe drinking water with patented technology that meets U.S. regulatory standards for drinking water safety. The astrea� launch marks a significant milestone in the Company's strategy to build on its foundation as a trusted OEM supplier by bringing its own global, consumer-facing brand to market. India was a natural first target based on its urgent need for clean, safe drinking water, the size of the market, and the Company's strong familiarity with the region. HaloSource has been selling its patented HaloPure� disinfection technology to consumer product companies such as Eureka Forbes in India since 2007. The Directors of the Company believe that, compared to other personal drinking water products available in India, astrea� pitchers and bottles represent a marked step forward in design, quality and technological innovation. A convenient and compact solution, the astrea� purifying pitcher can be used as a standalone solution to ensure that drinking water is germ-free - at home, at school and student dorms, when traveling, or anywhere portability is required. The pitcher features disposable cartridges that offer three-stage purification, using HaloSource's patented HaloPure� water purification technology to kill more than 99.9 percent of viruses and bacteria, including E. coli and norovirus. HaloPure� technology is registered by the United States Environmental Protection Agency (EPA) and certified to NSF42 for safety of materials. Each cartridge provides up to 100 days - or 375 liters - of clean, clear, safe drinking water and the pitcher is equipped with an easy-to-use LED indicator that tracks and alerts users when it's time for a replacement.
Had another little dabble today. The TR-1 is encouraging. But only 3 buys all day. This needs to get on the radar
mannnan, not an expert by any means but 1. running at a loss (how many aim shares are not?) 2.Completely off the radar, RNSs don,t get through to this site and no director comments published. The concept they have appeals to me but unless they get more publicity it seems to be just drifting.
you guys know what is the big problem here ?
TR-1 : Notification of Major Interest in Shares 10.4433% 67,303,896 shares total holding by:- CANACCORD GENUITY GROUP INC VANCOUVER, CANADA Canaccord Genuity is a global, full-service investment bank focused on growth companies with operations worldwide. http://www.canaccordgenuity.com