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$HPNN: Hop-on Shareholder Meeting Update
Date : 05/20/2014 @ 1:45PM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Shareholder Meeting Update
Hop-on Identifies 170 OEMs and ODMs for IP Licensing
TEMECULA, CA--(Marketwired - May 20, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) a global electronics OEM, is pleased to announce today that its shareholder meeting held on May 16, 2014 was a successful opportunity to interact with shareholders regarding recent developments. The format of the meeting allowed for an open and broad-ranging discussion to address Company progress and concerns.
The Company has put out several news releases in recent months, and the purpose of the shareholder meeting was to review the Company's positive developments and lay out the plans for its future.
The agenda items covered were
1. Update on the intellectual property royalty agreement with Microsoft.
2. Closing of the Company's first IPR deal with Teleepoch
3. Update on IPR negotiations with 12 Chinese and Taiwanese OEMs
4. Update on 170 companies Hop-on will be pursuing for licensing arrangements
5. Retirement of significant portions of Company debt
6. Plans for spin-off of Re-Medical subsidiary to fully reporting public BB company
7. CTO summarized Re-Medical's proprietary cannabinoid therapies and delivery technologies
8. Plans for Re-Medical IP licensing arrangements and operations in Colorado
9. Plans for USACig subsidiary
10. Plans for adjusting the capital structure of the Company, including dispelling false rumors of a pending reverse stock split
11. At the insistence of shareholders, Mr. Michaels addressed concerns regarding a stalker harassing him using different aliases on the Internet. Mr. Michaels acknowledged in response to shareholder concerns that law enforcement is investigating this individual. The shareholders were also informed regarding status of an extortion attempt by one internet poster earlier this year.
Peter Michaels, President of Hop-on stated, "I was pleased with our shareholder turnout at the meeting, and even more pleased about the positive response and outlook of our investors. I also appreciate the support from our shareholders."
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. Hop-on is also diversified in nutraceutical and cannabinoid technologies through its subsidiary Re-Medical, Inc. For more information, please visit www.hop-on.com and www.re-medical.com
Safe Harbor
This press release contains forward looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. Hop-on, Inc. common stock currently trades on the over-the-counter "Pink Sheets" under the symbol HPNN. This press release in no way constitutes any recommendation regarding the securities of HPNN or its affiliates. Any person reading this press release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of HPNN, and no inference has been made that this release contains all such information.
Additional Information
For additional information, please contact
Peter Michaels
(949) 756-9008
Email contact@hop-on.com
- Go HPNN
$DSCR: Hemp House in Asheville, NC
EDWY- 9 million float! S-1 being filed.
SLNX .05. I Likeeeee it. Check it out.
State the number of shares outstanding of each of the Issuer's classes of common equity, as of the latest practicable date: As of April 1, 2009 the Issuer had 15,460,080 shares of common stock, par value $0.001, issued and outstanding.
As of November 8, 2010, the Issuer had 15,460,080 shares of common stock, par value $0.001, issued and outstanding.
I dunno the float but she could POP bigly on this 8k.
Huge volume, like 19 times the avg 10 day and the PPS only a little over a penny above the avg as well. In and adding.
SLNX 8k out! LOW FLOATER.. not on many radars yet. Take a look, let me know what you think about SLNX
FLTT .022! Hasn't even been an hour yet =)
ACLH Called at .002 just over a month ago...Today it's over .06!!
Welcome cmajr! Will keep an eye on it!
EMXC....very thin, uplisting coming, audited financials coming, great price right now. Already had run up to 0081, looking to make another.
scroll down to bottom of page.
http://www.emaxcorp.com/investments.html
Closed .14 Up 40%!
EQLB going ballistic this week folks get in quick!
Blahh. Too busy at work to do much trading lately. Congrats on the nice trade though.
Hey John! Thanks alot! Bought a boatload at .0077 and .009 and sold a little more then half at .013-.0135 and riding some freebies now. How you been hitting em?
Yup Yup...Up 50% and nowhere near done IMO!!
EFIR strong runner here!
VMSY - what a beaut!
ACLH up 350% today!!
2 New Plays I'm in - ACLH and VMSY!
Been awhile since I posted here...tough keeping up!
X - Thanks for the info. I am weatching ISPI closely cause I think Atotalbum is already in it. Gotta be getting close to a bounce
Hey John...just one more thing on ISPI....alot of people have been claiming that due to the volume increase and price decrease that the company is diluting. Not possible! The A/S is only 75mil and the O/S as of Dec. 15th 2009 was 70mil! That only leaves 5mil that could have posibally been diluted in the past 2+ months...and I'm not even convinced they diluted those with all that's in the works here...but I got people on the ISPI board claiming they are diluting 5mil a day lol.
Anyways...just wanted to let you know that there is NO dilution and really no chance of it with this one! So the fact that it was trading at .45 a month ago and is sitting around .08 now = BOUNCE CITY in my book!
I just redid the whole ISPI board so you should be able to find all the info about this one over there if you're interested!
Oh and BTW....RICP looks very interesting with the sudden volume increase...will be watching that one tomm!
UCSO - My mistake - that was a PR from Feb 1, not Friday
UCSO news:
UCSO United Consortium Ltd., A New Entertainment Firm, Acquires Song Catalogs of Greatest Pop, Jazz and Classical Artists
Former Sony Music Executive Named President of Company
NEW YORK, Feb 01, 2010 (BUSINESS WIRE) -- United Consortium Ltd. (OTC-UCSO), has acquired a collection of 20,000 of the greatest pop, jazz and classical tracks of all time, from artists such as Frank Sinatra, Peggy Lee, Lena Horne, Sarah Vaughn, Benny Goodman, Lionel Hampton, Duke Ellington, Glenn Miller, Tammy Wynette, Hank Williams, Jr., Dolly Parton, The London Pops Orchestra and The Royal Philharmonic Orchestra, to name a few.
The newly formed entertainment company purchased the catalogues of Hindsight Records, Stradivari, Otelo, Michele, Tinseltown and Kielbasa with a combination of cash and stock from Hindsight Records. Inc. The company plans to license the titles to music distributors and advertisers as the first step toward becoming a full-service entertainment firm that will provide development in catalog, film, new artists and new media.
United Consortium has named Marc Offenbach, a former senior marketing executive at Sony Music, as president. Offenbach has more than 30 years experience in the music industry. He has spearheaded marketing and sales campaigns for Academy Award winning film soundtracks such as Titanic, Star Wars, and Shakespeare in Love, as well as artists such as Tony Bennett, Bob Dylan, Barbra Streisand, Neil Diamond, Maxwell, MGMT, Adele, The Fray, and Harry Connick, Jr.
United Consortium will offer artists, managers and copyright holders an alternative to the corporate business model by providing them with a home where they can freely flow their interests through the wide universe of entertainment distribution. "The entertainment industry is going through radical changes, and many artists, managers and copyright holders are moving away from big corporations and seeking alternatives ways to identify the right marketing strategies for their interests," said Offenbach. "I'm excited to be part of a new venture where the fundamental part of our business will focus on helping identify partners that will present our artists' content in its best light."
SOURCE: United Consortium Ltd. United Consortium
CONTACT:
United Consortium Ltd. Marc Offenbach, 917-922-4080 marcoffenbach@gmail.com
Interesting one thanks X. Volume the last few days is real nice.Far as I can tell O/S looks nice too.
I've had this one on watch for the last couple weeks...looks very promising and might try and grab some on Monday if the price stays reasonable
And FWIW...I have fallen in love with a nice looking bounce play ISPI. Was trading around 30 cents a few days ago and was taken all the way down to .06 area today and close at .08. I'm in at .13 and .09 and still love my chances here as long as the selling is over which I think it is. Monday should confirm it I think...but it's very very thin back to the .20's. Worth keeping on the old radar!
What do you think of the UCSO news?
Don't even wanna talk bout that one lol...Last week I had a bid in to buy at .036 when it was at .038....I was stubborn and didn't wanna hit the ask and then when it got into the .04's I debated and debated and turned it down. Then I went against everything I believe in and bought in at like .25 EOD Thursday, lol. Not for much though...just said WTF why not. I can still see me pulling off a double at some point next week...but ya never know with these plays....could be back to the .04-.05 area in a blink of the eye! Oh well...enough rambling bout how I'm kicking myself in the a$$! Glad you made a nice chunk off it!
Good to hear. I played CCTC earlier this week. Sold way too soon but till made some nice green on it.
Hey John...it's going pretty good. You know how it is here in pennyland =) How's everything going with you? Any nice winners lately?
How"s it going going X?
Just grabbed some .09's here...LOADED now! BOUNCE IT!!!
In ISPI at .13 end of day here. Very interesting play here and should def bounce after closing down nearly 50%. New company...lots going on...still DDing but love this one for a nice bounce!
Nah. I been too busy at work lately to pay much attention to the market. Nice call thought X.
IXMO...yea was very nice! Did you have any?
IXMC - huge bounce for that one today X-Man
CNEX .012 - See a nice bounce coming now for sure!
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BOUNCY
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BOUNCY
Welcome to the board of the Bounces! AKA The Bounce Board! AKA BOUNCY BOUNCY BOUNCY! AKA $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Definition: A quick, moderate rise in the price of a stock following a precipitous decline. also called dead cat bounce.
The purpose of this board is for all of us to come together to find and share the best bounce plays out there! So what are we looking for? Glad you asked!
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