halo cos inc (GVGH) Snapshot

Halo Companies, Inc. filed its 10-K on Apr 01, 2013 for the period ending Dec 31, 2012. In this report its auditor, Whitley Penn, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

On August 31, 2012, Paul Williams resigned from his role as Chief Financial Officer of Halo Companies, Inc. For the time being, Mr. Williams will continue to serve as Vice Chairman on the Board of Directors of the company. On August 31, 2012, Robbie Hicks, 32, has been appointed to serve as Chief Accounting Officer of the company. Mr. Hicks joined Halo in April of 2009 as the company's Controller and currently serves as Vice President and Controller of the company. In this capacity, Mr. Hicks has been responsible for the preparation and timely filing of the company's annual and quarterly financials with the Securities Exchange Commission, all accounting functions including accounting policy and procedure and implementation, treasury management, and internal management reporting to the company's Executive Committee and Board of Directors. Prior to joining the company, Mr. Hicks was an audit manager with KPMG LLP, servicing its financial services clients in the Dallas metro area.

Halo Companies, Inc. reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported revenue of $1,916,838 and and net income of $279,151. Revenue increased 124% to $1.9 million over same quarter previous year and net income increased 125% over same quarter previous year.