Halitron, Inc. (OTCPK:HAON) acquired the assets of CinchSigns from Plastic Retail Displays, LLC for $0.67 million on June 8, 2016. Halitron acquired the brand, CinchSigns, in an asset sale from Plastic Retail Displays, LLC which included equipment, artwork designs, raw material, finished goods, valuable know-how, management team and employee base. The total purchase price was calculated based on an 8 times multiple of projected adjusted EBITDA over the next 12 months. Halitron, Inc. (OTCPK:HAON) completed the acquisition of the assets of CinchSigns from Plastic Retail Displays, LLC on June 8, 2016.