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Started: vauch, 14 Feb 2019 08:09
Last post: vauch, 14 Feb 2019 08:09
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 ?
("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.
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.
Started: ripley94, 21 Dec 2018 09:05
Last post: ripley94, 21 Dec 2018 09:05
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 !!!!!
Last post: ripley94, 3 Dec 2018 15:01
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
RNS are under epic HAL.
**** knows why
Started: vauch, 2 Oct 2018 13:36
Last post: vauch, 2 Oct 2018 13:36
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:
Started: vauch, 27 Sep 2018 18:38
Last post: vauch, 27 Sep 2018 18:38
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
Started: vauch, 10 May 2018 07:58
Last post: bluesky687, 20 Aug 2018 15:06
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?
I have had an email back from the co and they would like some feedback on how best giving shareholders better transparency. I will await some posting on the matter before replying.
Well the co is now back to trading. You would have thought we would have had news ref the so called pitcher sales by now, One thing you can be sure of this co is crap at investor relations
Will someone please explain what is going on. I thought HALO an HAL were becoming one after the restructuring. At present we have no trades in halo since then but a couple on hal, plus we have 2 different SPs. Where should I be looking?
Thank you for your message Our corporate actions team has informed me that the EPIC for HaloSource Inc may change but is likely to remain the same after the restructuring. They also confirmed that the newly named shares were expected to be issued by 13 April 2018 but have not been yet, and that it may not happen until the end of the month.
back to buying on this one.
Emailed then for some clarification, and no reply.
Started: bluesky687, 12 Apr 2018 09:07
Last post: vauch, 16 Apr 2018 18:36
Ok excess crowdfunding cash to be given to charity (whoever she is) Why is the company not trading it stated the 13th HaloSource Corporation will be issued and admitted to AIM at 8.00 a.m. on 13 April 2018 ("Admission"), replacing the equivalent number of DIs representing the shares in HaloSource, Inc. which shall cease to be traded on AIM. I will ring HL in the morning to see if I can get an answer.
Are we now on another epic as no rns showing on ADVFN or LSE ?
another RNS out
Will we have an update to go with new trading
...
Started: bluesky687, 20 Mar 2018 20:04
Last post: jmartin79, 29 Mar 2018 10:49
I had a SurveyMonkey email today, along 'why haven't you ordered a bottle?' lines, so at least they're paying attention. I have tried to constructively point out what I think they're doing wrong without going so far as to say 'whoever is managing your PR is a shitehawk'. Hopefully they'll work that out for themselves. But honestly, who came up with the brilliant plan of contacting people who already know about the campaign? This really isn't where their energy should be directed. I've said it before: 15 Twitter followers! Seriously??!! World class science, woeful marketing.
jm79 thanks for your response. My initial thought when viewing the Indiegogo launch was what on earth is a �6.45m cap Co. doing targeting $50k income from a new product ? So low ball, but as you have pointed out if this is accompanied by an effective PR campaign then that makes sense. Let's hope they mount one Like you I think this could be a winner with more publicity.GL.
There are various options on Indiegogo and most campaigns (sensibly) take the "all funds repaid if we fail to meet our target" route, which effectively means that if you see something you like the look of you can become an early adopter an there's no downside. Astrea Water's stance is "whatever happens we'll keep the cash", which common sense says will be less enticing. The campaign HAS only just begun and some campaigns do capture the imagination and make A LOT of money. On the plus side, as far as Astrea Water is concerned, every buck earned should result in three or four bucks in follow on sales. I am quite concerned on a few fronts though. The first is quite vague and I'm by no means an expert, but the bottles seem quite expensive. I'd have expected heavily discounted bottles on the basis of potential lifetime value. Secondly, the company has apparently appointed a PR firm - goodness know what they're doing beyond begging phone calls to their 1 mate at Geekwire (oh, my other half also spotted some internet churn on a website for a PR magazine, which is almost funny), but if they want to build momentum they need to pull their fingers out pronto. Finally, and most worryingly, there is almost no Twitter following for Astrea Water - if I had a campaign coming up on Indiegogo and employed a media team, I would have made Twitter and Facebook one person's full time job. OK, that's enough negativity. I'm convinced that there's a big market for this product and hopefully they'll start to get traction very soon. I'm going to watch the campaign carefully and I'll be particularly interested to see what happens in the media in the run up to and aftermath of the company's re-domiciliation.
Am I missing the point here? What is this Indiegogo thing about? By day 2 it has raised $30k on a promise of delivering the goods in 5/6 months time. Not exactly an earth shattering result. What are they trying to achieve? I am invested, 100k shares so not trying to trash.
https://astreawater.com astrea: World's most effective lead removal bottleThe only everyday filtering bottle tested to the most rigorous standard for lead reduction (NSF53). https://www.indiegogo.com/projects/astrea-the-most-effective-lead-removal-bottle/coming_soon HaloSource is a clean water technology company providing innovative solutions to the growing issue of water stress. We bring clean, safe drinking water to more than 10 million people in China, India and Latin America through our proprietary HaloPure® technology and partnerships with leading multinational companies. As the multi-billion dollar market for drinking water grows rapidly, we remain a sought-after innovation partner integrating multiple technologies to solve complex water challenges. We enable access across all market segments through water purification and adsorption solutions that are adaptable to point-of-use devices ranging from entry-level gravity to high-end pressurized systems. Our desire to create social impact is equal to our desire to build a successful business - doing well by doing good. http://www.halosource.com
Started: vauch, 12 Mar 2018 17:10
Last post: vauch, 12 Mar 2018 17:10
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 Company name alteration, BVI location and significant revenues all happen together. With trading made easier also this could take off big time
Is this place also a tax haven
Should help immensely...... The Company's reasons for the Merger are specifically to remove what the Directors believe is an impediment to the Company raising additional capital. As a BVI company, HaloSource Corporation will have its listed shares fully tradable in electronic form, paper certificates will no longer be required for newly issued shares.
At last we are getting somewhere!! http://www.lse.co.uk/share-regulatory-news.asp?shareprice=HAL&ArticleCode=frk4ipgs&ArticleHeadline=Proposed_ReDomicile_and_Change_of_Name Proposed Re-Domicile to the British Virgin Islands, Change of Name to HaloSource Corporation and Notice of Special Meeting HaloSource, Inc. (HAL.LN, HALO.LN), the global clean water technology company traded on the London Stock Exchange's AIM market, announces a proposed relocation of its corporate domicile from Washington State, USA, to the British Virgin Islands (BVI) and a change of name to HaloSource Corporation ("New HaloSource") (the "Proposals"). As part of the re-domicile, which will be effected by means of a reverse triangular reincorporation merger under Washington State law, shareholders and the number of outstanding shares will not change - each Company shareholder will receive 1 share of New HaloSource in exchange for each 1 Company share they hold. Immediately after the merger, New HaloSource will continue the business of the Company with no material alteration, other than the jurisdiction of incorporation. New HaloSource's shares will continue to be listed on AIM. The Proposals are subject to approval by not less than two-thirds of the of the Company's outstanding Common Shares. If the Re-domicile Proposal is approved by HaloSource Inc Shareholders, then: � the Reverse Triangular Merger will occur and the Company will issue New HaloSource Shares to HaloSource Shareholders in exchange for their HaloSource Shares on a 1:1 basis, at which point HaloSource will become a wholly owned subsidiary of New HaloSource. Accordingly, immediately upon the Merger becoming effective, a HaloSource Shareholder will have the same proportionate interest in the profits, net assets and dividends of New HaloSource as they have in HaloSource immediately prior to Admission; � New HaloSource will be admitted to trading on AIM, and contemporaneously HaloSource will be delisted from AIM and trading in its HaloSource Shares (represented by depositary interests) on AIM will be cancelled so that effectively New HaloSource will replace HaloSource as the AIM listed entity; and � the existing depositary arrangements over the HaloSource Inc Shares will terminate and the Depository will issue DIs in respect of the underlying New HaloSource Shares. The DIs will be created and issued pursuant to the terms of a Deed Poll, which will govern the relationship between the Depository and the holders of DIs. DIs will be credited to the CREST accounts of Shareholders who submit a TTE instruction to Euroclear for those HaloSource Inc Shares that were enabled for settlement through CREST immediately prior to the Merger. Non receipt of instruction will result in the default issuance of a share certificate. Holders of New HaloSource Shares in certificated form who wish to hold DIs through the
Looking to get another 250k to take me to a mill
For me today as want 1.75 for 100k
Wanted to buy another 100k today but could only buy in 1000 lots so have not bothered
Started: cottoner, 1 Mar 2018 21:46
Last post: bedex, 3 Mar 2018 20:57
I see that this is flagged on the Indiegogo site as launching soon under a "funding " label. Not sure how that works but we'll see.
The Astrea Water Bottle Addresses Rising Lead Levels in Water Feb 28, 2018 Personal water bottles are all the rage right now, but few are as incredible as the water-filtering 'astrea' water bottle. Launching on Indiegogo in March, the astrea water bottle claims to be the "most effective daily-use filtering water bottle," in an attempt to address the alarming amount of lead found in U.S. water systems. The focus of the filtration system is on lead and astrea claims that its new water bottle will remove lead to the highest standard set by the National Sanitation Foundation. The filtering technology behind the astrea water bottle is proprietary and is built into the bottle. The bottle itself is constructed from food-grade stainless steel and features double walls and vacuum insulation�all these features contribute to a rugged construction for the bottle and ensure that all beverages will remain at the desired temperature for extended periods of time. The filter in the astrea water bottle can be replaced, as astrea will be offering new filters via a subscription package. http://www.notey.com/@trendhunter_unofficial/external/20063794/lead-filtering-water-bottles-the-astrea-water-bottle-addresses-rising-lead-levels-in-water-trendhunter-com.html