georgie18
6 years ago
HUTN...$1.29...News...HUTN...announced today that it will offer, subject to market and other conditions, up to five million shares of its ordinary common stock at $2.50 per share for an aggregate offering amount of $12,500,000. HUTN intends to use the net proceeds from the stock offering for general corporate expenses, working capital and the redemption of company note obligations.
EF Hutton, Inc.
Hutton PR Nov. 8
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Announces-Stock-Offering?id=209739
adijas
6 years ago
HUTN - EF Hutton Unit is Licensing Hedge for Bitcoin
Press Release | 10/10/2018
EF Hutton Inc., a subsidiary of HUTN, Inc. (OTC: HUTN) today announced it has licensed intellectual property ("IP") that provides a means of hedging Bitcoin ("BTC") to The Bitcoin Hedge Foundation. The license royalty receivable by EF Hutton is approximately twelve percent of the hedge value. To illustrate, if the value-added is $200 million, which represents only 1/2% of the value of all Bitcoin, then the to EF Huttons from the license would be approximately $24 million. It is not yet possible to determine the royalty because the actual hedge value not yet known however hedges of other instruments, such as a short-interest on NYSE stocks, have a value of nearly zero to forty percent of the float, as of October 8, 2018, according to short interest data published by the Wall Street Journal. EF Hutton will use any royalty income for working capital, to redeem debt and to fund expansion, including acquisitions.
EF Hutton filed for patent protection earlier this year encompassing this solution. The solution will be introduced by The Foundation in October 2018 and made available to all Bitcoin holders. Bitcoin has a total value of $113.74 billion. 17,312,000 bitcoin are outstanding at a price of $6,570 as of 10:30am on October 9th, according to blockchain.com. down from a high of over $19,357 per Bitcoin. During the market decline in the last 10 months, many BTC holders have desired a hedge that would enable them to mitigate losses and lock-in gains. Consequently, there is substantial pent-up demand for a viable hedge.
EF Hutton developed this solution over many months and has worked with world-renowned economists and mathematicians to refine the intellectual property that underlies this solution. In addition to the EF Hutton team, a series of world-class experts have contributed to this solution including PhDs with expertise in Mathematics and Economics.
The Bitcoin Hedge Foundation is a recently formed non-profit organization whose mission is to make BTC more widely appealing. The ability to mitigate volatility and protect downside exposure is within the Foundations mission. In order to ensure wide-scale benefits from this solution, it will be made available to Bitcoin holders at no charge through select exchanges with an initial air-drop-style approach. The Foundation will soon provide more information about the coin on www.bitcoinhedge.io
The solution will be available to all Bitcoin holders and others and will involve a mining process to mint a coin through a process that requires proof of work. The mining process and reliance upon blockchain technology are consistent with the P2P nature of this market. In order to ensure wide-scale adoption of this solution, it will be made available to Bitcoin holders at no charge through select exchanges with an initial air-drop-style approach.
EF Hutton CEO, Christopher Daniels said, EF Hutton has always been an innovator and this development is consistent with the history of our brand. It is an undisputed fact that EF Hutton predecessors developed online trading, universal life insurance and the fee-only financial advisor model that is todays standard model for delivery of financial advice. We are proud to continue the legacy of Edward F. Hutton with a new innovation that satisfies a significant market need.
Continuation of EF Hutton Leadership in Digital Assets
EF Hutton has recently announced several activities involving digital assets such as virtual currencies. Last week, EF Hutton announced MeggaCoin, a private utility token, enabling people to get paid as they use meggalife.com and its associated social Apps. Earlier this month, EF Hutton announced it is providing research on Coins, Tokens and other cryptocurrencies and on companies involved in blockchain technology. The research is available for subscription at efhutton.com/crypto-research. Learn more at www.efhutton.com
HUTN Inc. is the parent company of both EF Hutton Inc. and Megga Inc. and the parent company shares are publicly available under the symbol HUTN.
georgie18
6 years ago
HUTN...70...News...https://www.otcmarkets.com/stock/HUTN/news/EF-Hutton-Launches-MeggaCoin?id=204009
This is a long term hold for me...
Authorized Shares
280,000,000
09/13/2018
Outstanding Shares
61,533,364
09/13/2018
Restricted
60,536,691
09/13/2018
Unrestricted
996,673
09/13/2018
Held at DTC
222,573
09/13/2018
Float
1,899,173
08/28/2017
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Closes-JP-Morgan-Financing?id=200467
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Initiates-a-Stock-Buyback-Program?id=200914
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Chairman-Buys-139-Million-Shares?id=191773
adijas
6 years ago
News
HUTN To Generate $60 Mil by Issuing Cryptocurrencies
Non-Dilutive Capital to Result from Multiple Issuance of Tokens and Coins
SPRINGFIELD, Ohio, September 10, 2018, /PRNewswire: HUTN, Inc. (OTC: HUTN), parent of EF Hutton, and other subsidiaries are issuing cryptocurrency that is to generate $60 million in aggregate. EF Hutton Inc. (EF Hutton), and its affiliates, expect to issue multiple instruments, coins and tokens. This autumn, EF Hutton will be publishing white papers that describe the use case for each instrument. EF Hutton expects the issuances to generate proceeds of at least $60 million in non-dilutive capital. EF Hutton has engaged an advisor that has assisted other companies who collectively have raised over $290 million in initial coin offerings (ICOs). Proceeds will be used to fund marketing, technology and to redeem debt and for general corporate expenses. The first offering is expected to close by January 2019.
Over $13 billion was raised through initial coin offerings (ICOs) globally in the first half of 2018, according to PriceWaterHouse, with the largest amount raised equal to $4 billion and an average raise amount of $25.5 million. The capital raised in ICOs in the first half was more than 40% of the entire amount raised by companies in traditional common stock IPOs and more than 30% of the capital raised from venture capital, according to Forbes Magazine.
EF Hutton has special insight and experience in the cryptocurrency market. The firm publishes research that focuses on digital assets, including cryptocurrencies. The research is available to subscribers online at www.efhutton.com/crypto-research And, its affiliate, Megga, has developed the first social network that allows users to mine virtual currency by using its social apps. EF Huttons CEO is a featured speaker at Block World, the largest blockchain conference in the world, located in San Jose, CA. He is speaking at 9:30am on Friday, Sept. 14.
According to HUTN CEO Christopher Daniels, As a FinTech company, HUTN knows the ICO market and has prepared for these ICOs for many months. We know ICOs succeed when they present powerful use cases that improve their holders utility with the peer-to-peer functionality of blockchains technology. Consequently, we are confident that ICO buyers will eagerly seek to hold the coins and tokens we are issuing. On a related note, we are confident HUTN shareholder will appreciate the fact that our ICOs will not be dilutive.
georgie18
6 years ago
georgie18 Member Level Wednesday, 03/28/18 05:21:46 PM
Re: None 0
Post #
90
of 194
HUTN...30...Ceo Buys 3.225 Million HUTN Shares...Tiny Floater...52 week range....30 to $3.50...
https://www.otcmarkets.com/stock/HUTN/news/Holding-Company-Name-Changing-to-HUTN?id=169834
https://www.otcmarkets.com/stock/HUTN/news/HUTN-Receives-Financing-from-JP-Morgan?id=181548
https://www.otcmarkets.com/stock/HUTN/news/CEO-Buys-3225-Million-HUTN-Shares?id=187546
Authorized Shares
280,000,000
03/27/2018
Outstanding Shares
56,767,530
03/27/2018
Restricted
55,770,857
03/27/2018
Unrestricted
996,673
03/27/2018
Held at DTC
221,073
03/27/2018
https://www.otcmarkets.com/stock/HUTN/disclosure
adijas
6 years ago
From financial report:
On August 10, 2018, the Company’s newly formed subsidiary, EF Hutton Insurance, was granted a license to sell life, health and disability insurance in the State of Ohio. The Company has applied for licenses in additional states.
https://backend.otcmarkets.com/otcapi/company/financial-report/200803/content
Next week stock buyback starts.
deri21
6 years ago
HUTN Initiates a Stock Buyback Program
Font size: A | A | A
9:35 AM ET 8/14/18 | GlobeNewswire
RELATED QUOTES
3:12 PM ET 8/13/18
Symbol Last % Chg
HUTN
0.55 0.00%
Quotes delayed at least 15 minutes
HUTN Initiates a Stock Buyback Program
SPRINGFIELD, Ohio, Aug. 14, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- HUTN, Inc. (OTC: HUTN) today announced that its Board of Directors has authorized the repurchase of shares of its outstanding common stock from time to time in open market or private transactions at the Company's discretion in an amount not to exceed 1,000,000 shares in the aggregate. The plan which will become effective August 28, 2018 and will continue throughout 2019 will be executed pursuant to the safe harbor provisions of SEC Rule 10b-18.
The plan permits the Company to make purchases of up to a maximum daily limit of 3,000 shares. All purchases must be open-market purchases of free trading stock. The timing and number of shares repurchased will depend on a variety of factors, including the 1,000,000-aggregate maximum number of shares, the stock price, corporate and regulatory requirements and other market and economic conditions.
To avoid any purchases on the basis of material non-public information, the company will engage a broker dealer as agent for purchases and the buyback agent will act only on market data and information available to all shareholders. The company reserves the right to suspend and restart the plan anytime based on its business capital requirements.
HUTN's CEO Christopher Daniels commented, "The Board's implementation of a stock buyback program reflects our confidence in the Company's long-term growth prospects, and our belief that the current share price presents an attractive investment opportunity for the Company. Additionally, the plan offers an excellent opportunity to increase stockholder value through reduced share dilution stemming from this buyback."
About HUTN, Inc.
adijas
6 years ago
news out
HUTN as Hedge to FB ? Investors Seeking Next Social GrowthPress Release | 07/26/2018
HUTN As Hedge To FB ?
Social Internet Investors Seeking Next Growth Company as FB Growth Level's Off
SPRINGFIELD, Ohio, July 26, 2018 As FBs growth levels off, many investors are looking for the next growth company in the social media sector. HUTNs social internet platform, meggalife.com, started a Beta-test version three months ago. The meggalife.com model enables users to gain value from their data and social internet use.
Three weeks ago, Martin Luther King III spoke about Meggalife.com at the User Rights Summit. I have joinedmeggamigo.comandmeggabuzz.com, whichare part of an easy to use social internet platform meggalife.com - a creative initiative that enables users to be compensated for using the social internet, King Tweeted. Following in the footsteps of his parents, King is an internationally recognized human rights activist who supports the need for user rights action.
Speaking at the EF Hutton Talks Conference on User Rights on June 25th King told the crowd, User rights is a cause of critical urgency in the 21st century. I certainly believe that while user rights is an issue that has been discussed for a little bit of time, there is a larger opportunity to really begin the process of educating the community about user rights. A one-minute synopsis of his speech is available online at the EF Hutton Talks Conference Series YouTube channel,
About Meggalife.com
Meggalifeis an online platform that benefits users and protects their data privacy.It is offered by Megga, Inc., a subsidiary of HUTN Inc. Meggalife has been under development for two years and funded by EF Hutton, an affiliate and leader in digital finance and investment services.For a more information, visitwww.meggalife.com.
deri21
6 years ago
$HUTN SPRINGFIELD, OH / ACCESSWIRE / July 4, 2018 / Martin Luther King III considers internet user rights to be an important part of human rights. On July 4th he took to social media, including Twitter and Facebook, to advocate for users and to share his support for meggalife.com, a new social internet platform by EF Hutton that offers users compensation for their use of apps like social networking and communication services.
Martin Luther King III talks at the EF Hutton User Rights Summit with EF Hutton, seated next to CEO Chris Daniels
"I have joined meggamigo.com and meggabuzz.com, which are part of an easy to use social internet platform meggalife.com - a creative initiative that enables users to be compensated for using the social internet," King tweeted. Following in the footsteps of his parents, King is an internationally recognized human rights activist who supports the need for user rights action.
Speaking at the EF Hutton Talks Conference on User Rights on June 25th King told the crowd, "User rights is a cause of critical urgency in the 21st century. I certainly believe that while user rights is an issue that has been discussed for a little bit of time, there is a larger opportunity to really begin the process of educating the community about user rights." A one-minute synopsis of his speech is available online at the EF Hutton Talks Conference Series YouTube channel.
"In a real sense, perhaps the public has been exploited as often happens through some business opportunity," King added. "But, I believe that when people understand their opportunity digitally they will see the importance of this issue because we all use this creature called the Internet."
King is asking for all of his followers to join him in spreading the word about this new frontier in socioeconomic injustice by liking and sharing his posts. Follow Mr. King on Twitter @OfficialMLK3, meggabuzz.com and on Facebook @MartinLutherKingIII
About Meggalife.com
Meggalife is an online platform that benefits users and protects their data privacy. It is offered by Megga, Inc., a subsidiary of HUTN Inc. Meggalife has been under development for two years and funded by EF Hutton, an affiliate and leader in digital finance and investment services. For a more information, visit www.meggalife.com.
About HUTN, Inc.
makinezmoney
7 years ago
$HUTN: NEWS... Insiders buying more $HUTN shares
HUTN Chairman Buys 1.39 Million SharesFont size: A | A | A
8:00 AM ET 5/9/18 | GlobeNewswire
RELATED QUOTES
9:30 AM ET 5/8/18
Symbol Last % Chg
HUTN
0.50 0.00%
Real time quote.
HUTN Chairman Buys 1.39 Million Shares
Follows CEOs Purchase of 3.225 Million Shares Last Month
SPRINGFIELD, Ohio, May 09, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- The Chairman of HUTN, Inc. (OTC:HUTN) has purchased 1,390,000 ordinary shares of HUTN, exercising options he holds. The options exercised have strike prices that range from $0.60 to $0.15. Some of the options exercised at a strike above the market price at the time of exercise.
Stanley Hutton Rumbough, the company's Chairman and grandson of Edward F. Hutton, said, "I believe in the company's future and cannot think of a better way to show that than to risk my own personal capital to buy a significant number of shares." Mr. Rumbough has added to his already significant ownership stake.
The Chairman's purchase of 1.39 million shares follows last month's purchase by the CEO, Christopher Daniels, of 3.225 million shares.
Mr. Rumbough purchased the shares directly from the company in a private transaction. The shares were issued under an exemption from registration under Reg D of the Securities Act of 1933 as amended. The shares carry a legend and, unless registered, they cannot be sold for at least one-year, except pursuant to an applicable exemption. In return for the unregistered shares, the company received $326,000 in a combination of cash and redemption of a note.
About HUTN Inc.
HUTN, Inc. subsidiaries provide branded online and mobile services to consumers ("B2C"). The Megga subsidiary provides a social internet platform that pays users - meggalife.com is a new model. The platform includes- social networks, e-mail, internet search, news and more. EF Hutton is a legendary financial services brand -- this subsidiary provides online investing services and investment advisory services, efhutton.com. The Vyral Media subsidiary publishes digital content to enhance user experience and engagement. The Vibrant Mobility subsidiary provides mobile data & communications services.
CONTACT:
EF HUTTON INVESTOR RELATIONS
info@efhutton.com
> Dow Jones Newswires
May 09, 2018 08:00 ET (12:00 GMT)
georgie18
7 years ago
HUTN...55...Filing...Formely E.F. Hutton...
https://backend.otcmarkets.com/otcapi/company/financial-report/192405/content
Total Shares Authorized: 280,000,000 as of March 31, 2018
Total Shares Issued and Outstanding: 59,992,530 as of March 31, 2018
(d) On March 22, 2016, the board authorized and the Company entered into an employment
agreement effective as of January 15, 2016 with Christopher Daniels which pays Mr. Daniels a
base salary of $1 per year and provides for incentive compensation that includes a cash bonus and
a stock options to buy up to 1,200,000 ordinary common shares at $0.50 per share and a second
option to buy up to $30,000,000 worth of ordinary common stock at $0.50 per share or the average
of the prior twenty days closing stock price. The stock options expire on March 31, 2019. Up to
two million dollars (raised to up to ten million by board on August 16, 2016) of the second stock
option can be exercised with a note with a repayment term of up to five years. The employment
agreement includes healthcare and other customary benefits.
georgie18
7 years ago
HUTN...News...https://www.otcmarkets.com/stock/HUTN/news/140-Reasons-to-Follow-the-Buzz-on-Meggabuzzcom?id=188608
Authorized Shares
280,000,000
03/27/2018
Outstanding Shares
56,767,530
03/27/2018
Restricted
55,770,857
03/27/2018
Unrestricted
996,673
03/27/2018
Held at DTC
221,073
03/27/2018
Float
1,899,173
08/28/2017
georgie18
7 years ago
HUTN...News...Great Innovation by HUTN...Great share structure with a tiny float...
https://www.otcmarkets.com/stock/HUTN/news/6-Ways-meggamigocom-is-the-Better-Social-Network?id=188338
https://www.otcmarkets.com/stock/HUTN/news/CORRECTION-MeggaLife---A-New-Social-Network-that-Pays-Users---Creating-Social-Capital?id=188337
Authorized Shares
280,000,000
03/27/2018
Outstanding Shares
56,767,530
03/27/2018
Restricted
55,770,857
03/27/2018
Unrestricted
996,673
03/27/2018
Held at DTC
221,073
03/27/2018
Float
1,899,173
08/28/2017
Par Value
0.00
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