Halberd Moves Forward - Announces New CEO, Commences Process to Become Current, Holding Company Reorganization

Lake Charles, Louisiana--(Newsfile Corp. - April 3, 2020) - Halberd Corporation (OTC Pink: HALB) announces that James Christopher LeDoux is the new CEO.

Mr. LeDoux explains that "Halberd is now current in its filings with the Colorado Secretary of State. The Colorado state filings include, as a prophylactic measure to assure a smooth transition to its new endeavor, a holding company reorganization. As such, Halberd Corporation as it is currently constituted, is the successor issuer, has a clean slate, is debt-free, with a subsidiary, Alaric Corporation, which is the former public company issuer, often called the predecessor issuer."

He went on to assure that the Company has commenced the process to become current in its reporting obligations to OTCMarkets.

Mr. LeDoux further stated, "These initial measures will enable Halberd to proceed with its pending transactions which we intend to announce within the next several days."

Safe Harbor Statement: This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "likely", "should", "could", "would", "may" or similar words or expressions. Such statements are not a guarantee of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company's ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company's operating history and resources, economic, competitive, and equity market conditions.

James Christopher LeDoux, CEO
Halberd Corporation
Email Contact: support@halberdcorporation.com
https://www.halberdcorporation.com

Twitter: @HalberdC

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