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Wednesday, June 29, 2022

The Exciting Story of Hear AtLast Holdings, Inc. (OTCMKTS:HRAL)

Hear AtLast Holdings, Inc. (OTCMKTS:HRAL) has seen a recent surge of volume and price and is quickly attracting a fast growing shareholder base including some old timers who know what they are doing and emerging as a volume leader. Reverse merger plays have been some of the hottest in penny stocks with several recent RM plays seeing historic gains and making many speculators enormous profits in a short time period.

HRAL is up big after the Company stated in recent filings they signed a definitive agreement on June 1 with Crystal Clear Corporation. The Company had previously signed an LOI to purchase the shares of Crystal Clear Corporation (Crystal). Crystal owns the Intellectual Property and assets pertaining to a new type of commercial hearing device.

Hear AtLast Holdings, Inc. (OTCMKTS:HRAL) is a company motivated in expanding its asset & revenue base for the purpose of increasing shareholder value by diversifying as a multi-faceted Company. To accomplish this, HearAtlast seeks to acquire ownership in developing & revenue producing Companies. Currently HearAtlast operates as a hearing aid & services company and is in the process of restructuring and adding to its business model.

The shell has been around for years and Microcapdaily reported on HRAL back in 2015 stating at the time: “HEAR ATLAST HOLDINGS (OTCMKTS:HRAL) made a spectacular move up this morning only to collpase into the close after the Company announced a $2.5 Million Distribution Agreement with Wal-Mart to distribute HRAL products for hearing loss in its U.S. stores. HRAL has exploded of its $0.002 lows transforming itself from illiquid to one of the top traded stocks on the entire bb’s today. The stock made a huge run in early 2012 moving off its sub penny lows to well over $0.02.

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On May 11, 2018, the Company signed a Binding Letter of Intent (LOI) to purchase the shares of Crystal Clear Corporation (Crystal). Crystal owns the Intellectual Property and assets pertaining to a new type of commercial hearing device. The LOI requires the parties to negotiate and sign a definitive Purchase Agreement so that in exchange for 20 million restricted shares in the Company, the Company would receive 100% of Crystal shares. The Company is also required to provide $200,000 in working capital. If at the end of 180 days from the signing of the Purchase Agreement, the Company has not provided the agreed upon working capital, the percentage ownership transferred by Crystal to the Company will be reduced at an agreed upon rate.

On June 1, 2020, the definitive agreement was signed by both parties and the Company expects to close before the end of Q2, 2020. See here.

https://twitter.com/i_like_bb_stock/status/1279866067360374791

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Currently running up the charts HRAL has seen a recent surge of volume and price and is quickly attracting a fast growing shareholder base including some old timers who know what they are doing and emerging as a volume leader. Reverse merger plays have been some of the hottest in penny stocks with several recent RM plays seeing historic gains and making many speculators enormous profits in a short time period. HRAL is up big after the Company stated in recent filings they signed a definitive agreement on June 1 with Crystal Clear Corporation. The Company had previously signed an LOI to purchase the shares of Crystal Clear Corporation (Crystal). Crystal owns the Intellectual Property and assets pertaining to a new type of commercial hearing device. We will be updating on HRAL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with HRAL.

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Disclosure: we hold no position in HRAL either long or short and we have not been compensated for this article.

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