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That's not a new filing. The attorney relied on info the HPNN CEO provided. That was the first mistake, because the annual report if filled with inaccuracies, omissions, and just plain lies.
The letter was needed so certain people (accredited investors) could have the restrictive legend removed and be able to dump their shares.
Suspended by Nevada on the 25th?
I see that HPNN has not filed in Nevada (their state of incorporation) for 2 years now.
I see that Hop-ON wireless was permanently REVOKED in Nevada
Entity Status: Administrative Hold
Annual Report Due Date:3/31/2023
Hop-On Wireless
Entity Name:HOP-ON WIRELESS, INC.
Entity Number:C10085-2001
Entity Type:Domestic Corporation (78)
Entity Status: Permanently Revoked
Annual Report Due Date:4/30/2015
Nope- avoiding confirmed fraud companies like HPNN.
Hopefully investors can get out with less loss, but many will not.
Almost no buying interest at these high prices for an insolvent company.
Still trying to dump shares? Now HPNN is completely insolvent and only has $121 in real assets for the whole company.
Note the date. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169939678
Peter disclosed that Hop-On cannot pay its obligations and neglected to disclose the lawsuits and liens against digitalage and Hop-ON assets (present and future).
Those pesky facts, huh?
from the woman the CEO stole all that money from and refuses to pay it back. A big shareholder, too, and the CEO blocks her from viewing the material non-public information on the stock promotion site. So much for free speech guy, huh?
Less than $5K in buys today? OK.
So many hoping to sell, so it is great they now have the opportunity.
Reverse split is likely on the radar again. Unfortunately, HPNN is on Administrative hold, so they have to fix that first and file their reports with Nevada for the last 2 years.
With a $0.0001 price target, HPNN investors just hope they can dump and get out with a little less loss.
Now that there is a lawyer's opinion letter, those that Petey gave restricted shares to can have the restrictive legend removed so they can dump theirs.
Great news for sellers trying to finally dump their shares.
It is great that some investors have not caught on to the 3-time felon CEO's continuous lies, yet.
Hopefully you can sell for less loss, too.
And investors dumping as fast as possible while promoting the "price". I see.
With liens on any and all assets that HPNN has or ever will have and being a company that won't even file with its state of incorporation?
Investors should do diligence Even the CEO is not willing to own even one share of HPNN common stock.
Glad you agree on possible bankruptcy.
Did you see the absolutely horrid financials?
No, Peter needs $ to pay for his personal bills and lawyer. He needs his partners in slime from his Sector 5 fiasco to help him with hype so the sell volume can be somewhat disguised by the new foolish investors that are unaware he defrauds so many.
Well, their failing digitalage is located in a building in Santa fe NM that also houses a cannabis dispensary.
Peter has been known to have a substance abuse problem, per the courts. He also beats women to a pulp and plead guilty to the same.
One can tell when he has the clenched-jaw syndrome without being a D.R.E.
HPNN bankruptcy coming? They have only $121 in assets and can't pay their bills, per the CEO's disclosure.
At least you will finally be able to dump if it stays above $0.0004 a little longer.
Ask him about his latest debtors' exam hearing. They are really going after HPNN now, as well as digitalage.
Not pioneering anything. Pretty hard to pioneer anything when the parent company (if it is still wholly-owned by HPNN anymore) has only $121 in its coffers and no real assets.
Most HPNN investors don't understand just how bad the financial situation is for HPNN and its CEO.
But heck, I'm all for a pump by tweety Petey to help investors get out with less loss.
Looks orchestrated, too, based on what I see from the social media so-called promoters.
quarterly will likely be in May, but he still needs to update the "financials" part of OTC markets with revenue, etc. Only he can do this.
HPNN decided to not provide financials for 2023 to OTC Markets. Late again.
$0 revenue in 2021, 2022, and 2023. Only losses.
https://www.otcmarkets.com/stock/HPNN/financials
CEO Peter - debtor exams? How many now?
This is what they are allowed to ask you. Note, there also is a new law that they can examine your bank records without a debtor exam.
Questions to ask in a debtor's examination
These are some questions that can help you find out where the other side has money, makes money, or owns things they might be able to use to pay the money they owe you.
Sample questions
Once you start asking questions, the other side's answers may lead you to more questions. The questions here are just to give you ideas. You can ask other questions you think of at the court date.
Personal
What's your home address?
What's your telephone number?
Are you married or do you have a registered domestic partner? If so, what's the first name, maiden name, and last name of your spouse or domestic partner?
You can ask for their social security number, but they don't have to tell you it.
Work
Do you have a job or are you self-employed? If you have a job, what company or person do you work for?
What's your boss’s name?
What’s your work address and telephone number?
What’s the work address and phone number for the office that pays you (“payroll” or “accounting”)?
How much money do you make? How often are you paid? What day(s)?
Do you have back taxes taken out of your pay?
Do you have child support taken out of your pay?
Are you paying off a bankruptcy through your pay?
Are you ever paid commissions? If so, when are you paid?
Do you get a yearly bonus? If so, when is it paid?
How much is owed to you now?
Do you work anywhere else? If so, please explain. (Ask the same questions as 1 - 11, above.)
Real estate
Do you own the home you live in? If so:
Is it a single family home? a duplex? A condo? A mobile home?
Is your mortgage paid up to date?
How much is it worth?
How much do you owe on it?
Do you own any other real estate?
If so, ask same questions as above.
If you don’t own your home, who do you pay rent to? How much are your rent and utilities?
Do you have any roommates or subtenants?
If so, what are their names, how much do they pay you each month, when do they pay you?
Cars and other valuable items
How did you get here today?
Do you have a car or truck? If so:
What's the year, make, and model of your car?
Do you own it outright? Is it financed? By whom? How much do you owe on it?
What is the VIN?
Do you have a recreational vehicle, trailer, boat, or other vehicle?
Do you have any things you own, cash, or other things that you haven't told me about yet (for example, a piano, jet ski, patents, coin collection, etc.)? If so, please tell me about them.
Do you have life insurance? Is it a whole life policy (it's an investment with cash value)?
Banking
Do you, your spouse, or domestic partner have any bank or credit union checking or savings accounts?
If so, what's the name of the bank or credit union, the branch address, the account numbers and present balances for all these accounts?
Do you have any other accounts like money markets, for example?
Do you have a driver's license? If so:
In what state?
What is your driver's license number?
Do you have any credit cards? If so:
What is your cash advance limit on all of your credit cards?
What are your current balances?
Questions to make sure they understand what happens if they don't pay
Do you understand that as long as you don't pay the judgment, the unpaid amount collects interest?
Do you understand that as long as you don't pay the judgment, it is probably on your credit report and hurting your credit rating?
Do you understand that as long as you don't pay the judgment, I have the right to examine you again in 120 days?
Current Assets Checking/Saving $121
That's it. HPNN has basically no real assets and is FLAT BROKE, per the CEO.
Hop-ON lied in financials (again) . SEC tipline plus Finra complaint may be in order.
Hop-On claimed, under penalty of filing false finacial reports, that its current status in Nevada (its state of incorporation) is Current State and Date of Incorporation or Registration: Nevada, March 16, 1993
Standing in this jurisdiction: (e.g. active, default, inactive): Active and in "Good Standing
When, in fact, its standing, per Nevada is
Entity Number:C2878-1993
Entity Type:Domestic Corporation (78)
Entity Status:Administrative Hold
Formation Date:03/16/1993NV Business ID:NV19931035864
Termination Date:
Annual Report Due Date:3/31/2023
Also HPNN has not filed a required report with Novada, and was supposed to by March 2023.
Wow, new price target $0.00001. No bid is coming.
HPNN can't pay its bills, lawsuit losses, tax bills and liens, and the over $9 million HPNN and its CEO owe to just one person.
April bankruptcy filing? Why so long?
HPNN has been insolvent and not able to pay liabilities, tax liabilities, liens, and court judgments for years and years.
Ask Petey what happened in his debtor exams and why, after Curt Doty got called into one of his court-ordered debtor exams, that Doty quit and the acquisition of Doty's company fell-through (it went belly-up).
Wait to see if HPNN disclosure still claims he acquired the company. Regulator may be watching, IMO.
Hop-On has worse concerns than a shareholder meeting.
Insolvency/bankruptcy is #1
Also, on administrative hold for over 1 year now. And failed to file the list of officers in March '23.
Will they be suspended/revoked like Hop-On Wireless next?
Entity Number:C2878-1993
Entity Type:Domestic Corporation (78)
Entity Status: Administrative Hold
Formation Date:03/16/1993NV Business ID:NV19931035864
Annual Report Due Date:3/31/2023
Petey, that lawsuit not going so well for ya, huh?
CEO still on probation for another couple years?
and are you selling enough shares to pay the $6K/month child/spousal support after you beat your wife so bad you were charged with 5 felonies?
Laughing at the HPNN failure and insolvency?
It is worse than anyone thought. Just ask little Petey, the fraudster CEO.
Investors in HPNN have been taken to the cleaners.
HPNN giving away all assets of formerly wholly owned subsidiary digitalage?
For cash to line Petey's pockets?
HPNN must disclose if it is selling shares in the private LLC, as well as disclose all wages and salaries (if there are any).
Looks like some on X have already gathered info on Petey trying to sell shares. Soon HPNN may own no part of it.
HPNN investors will be finding out that they really own little to no part of digitalage soon.
Some predict HPNN will go bankrupt and try to avoid digitalage being seized as an asset in the forfeiture/bankruptcy proceedings.
Petey, how are your latest DEBTOR EXAMS going where you have to go into court to explain all your personal and company "assets"? Sure hope you don't lie about this.
Pre-bankruptcy buying, or simply idiots that have not done any DD and do not realize that HPNN can't pay any of its debts/obligations?
HPNN assets to be seized?
Saw this post and it looks like even digitalage assets can be seized, because it is a wholly-owned subsidiary.
Nope, but HPNN is best known for fraud and being basically insolvent.
CEO to complete community service
He has to complete this and his weekly domestic violence classes for beating his wife so severely it resulted in 5 felony charges - need to complete by April.
Massive liens against HPNN's Peter Michaels and company
Pay particular attention to discussion of asset seizures, claims against current and future assets, including all embedded software, patents, trademarks (Digitalage), promissory notes, accounts receivable, etc.
This does not simply go away. No wonder Peter can't own a home or car keep money in a bank.
Description:
All property, assets, rights, real property and interest in property of Debtor, of any kind or description, tangible, whether now
owned or existing or hereafter acquired or arising and whosesoevers' located including, but not limited to the following: All
deposit accounts, accounts and accounts receivable of Debtor, whether now in existence or hereafter coming into existence all
letter of credit rights: all chattel paper ( whether tangible or electronic) contract rights, instruments (including promissory notes),
documents, general intangibles (including, without limitation, payments intangibles trademarks, service marks, trade names,
patents, copyrights and licenses), inventory (including raw materials inventory, finished goods inventory, parts, supplies) and
goods in process of debtor, whether now in existence or owned or hereafter coming into existence or acquired, whether located,
and all returned goods and repossessions and replacements thereof: all vehicles, furniture, machinery and equipment now
owned and hereafter acquired by Debtor (including all embedded software): all investment property: all supporting obligations,
software and commercial tort claims: all accessions. Additions, replacements, and substitutions relating to any of the
foregoing: all records of any kind relating to any of the foregoing: all proceeds relating to any of the foregoing (including
insurance, general intangibles and accounts proceeds): All insurance policies insuring the foregoing property or any part thereof
including unearned premiums and all refunds
CEO of HPNN Peter should have served prison time for beating that woman so severely that he got charged with multiple felonies. But....California. He already had felony convictions for money laundering, weapons, and another for obtaining money by false pretense (criminal fraud).
Case SWF2101245 - MICHAELS, PETER DANIEL - Probation
Probation Type: SUMMARY Granted: 01/26/2023 Expire: 01/25/2026
SUMMARY PROBATION GRANTED FOR A PERIOD OF 36 MONTHS ON THE FOLLOWING TERMS AND CONDITIONS.
1) OBEY ALL LAWS, ORDINANCES, AND COURT ORDERS.
2) BE COMMITTED TO THE CUSTODY OF THE RIVERSIDE COUNTY SHERIFF FOR 1 DAYS;
3) PAY FEE OF $500.00 TO THE DOMESTIC VIOLENCE FUND (PC 1203.097(A)(5)).
4) PAY VICTIM RESTITUTION. AMOUNT TO BE DETERMINED BY THE PROBATION DEPARTMENT (PC 1203.1(A)(3)). ANY DISPUTES AS TO RESTITUTION AMOUNT TO BE RESOLVED IN A COURT HEARING.
5) SUBMIT TO IMMEDIATE SEARCH/PROPERTY INCLUDING ALL RESIDENCE/PREMISES/STORAGE UNITS, CONTAINERS AND VEHICLES UNDER YOUR CONTROL; BY PROBATION OFFICER OR LAW ENFORCEMENT OFFICER; WITH OR WITHOUT CAUSE;
6) ENROLL IN A PROBATION APPROVED 52-WEEK DOMESTIC VIOLENCE PROGRAM PURSUANT TO PC 1203.097. PROVIDE PROOF OF ENROLLMENT TO THE COURT/PROBATION OFFICER ON OR BEFORE 03/13/2023. COMPLETE THE PROGRAM BY 04/13/2024. PAY ALL PROGRAM FEES AND SUBMIT PROOF OF PAYMENT AND COMPLETION AS DIRECTED BY PROBATION.
7) DO NOT RELOCATE FROM THE STATE OF CALIFORNIA (I.E. REMAIN IN ANOTHER STATE FOR MORE THAN 45 CONSECUTIVE DAYS IN ANY 12-MONTH PERIOD) -WITHOUT FIRST CONTACTING THE PROBATION DEPARTMENT TO DETERMINE WHETHER YOU ARE SUBJECT TO THE INTERSTATE COMPACT ACT. (ICAOS/PC 11180).
8) DO NOT HAVE ANY DIRECT OR INDIRECT CONTACT WITH CARRIE M.
9) DO NOT KNOWINGLY OWN, POSSESS, HAVE UNDER YOUR CONTROL OR IMMEDIATE ACCESS TO ANY FIREARM, DEADLY WEAPON, AMMUNITION OR WEAPON RELATED PARAPHERNALIA OR INCENDIARY DEVICE.
10) ANY VALID DOMESTIC VIOLENCE PROTECTION/RESTRAINING ORDER EXISTING DURING THE PERIOD OF PROBATION IS INCORPORATED INTO THE PROBATION TERMS.
11) PERFORM 20 HOURS OF COMMUNITY SERVICE THROUGH A NON-PROFIT ORGANIZATION. COMPLETE BY 04/13/2024.
digitalage funding fell -through.
saw this post and tend to agree. Peter can't even own a home or a car (asset), because they are subject to seizure to pay back the multitudes of people and businesses and victims he owes money to.
The CEO gave himself 1 billion shares
and their tiny revenue can't even pay the salary of one low-level employee.
They have almost no cash or real assets.
News - There is no launch, no funding, and the latest lawsuit seeks to seize all digitalage and HPNN assets. Peter will lose that lawsuit, like he has lost EVERY other lawsuit filed.
Why funding did not happen... I tend to agree. HPNN can't even get a transfer agent that is verified, which almost all others on OTC do for transparency. Promised in 2022. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172549138