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$HPNN: Hop-on Returns One Billion Common Shares to Treasury
Date : 05/01/2014 @ 7:15AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Returns One Billion Common Shares to Treasury
TEMECULA, CA--(Marketwired - May 1, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) is pleased to announce that today it has returned one billion (1,000,000,000) shares to treasury. These shares were held in escrow in anticipation of conversion of debt by the Company's long term debt holders, and these debt holders have elected to take, under their Debt Exchange Agreements, preferred stock of the Company, thereby allowing Hop-on to return these shares to treasury.
In conjunction with the press release yesterday, this means there will be no dilution of Hop-on shareholders from debt conversions for over a year and a positive $7.1 million paid in capital on the balance sheet.
Announced previously, the Debt Exchange Agreements removed $7,162,000 in debt from Hop-on's balance sheet. Not only was the long term debt removed from the balance sheet, but the conversion to preferred equity provided a boost to the stockholders' equity portion of the balance sheet, and this amount is now booked as additional paid in capital. This positive financial move will be reflected in the next financial statement filed by the Company.
Peter Michaels, Hop-on CEO, stated, "As promised, Hop-on is not diluting the current shareholders. In fact, with this staggering number of shares having been returned to treasury, we have compressed the shares outstanding even more. This is positive for current and future shareholders, as the value of their investment should not be diluted, adding value to their commitment to Hop-on. At the upcoming shareholders' meeting, we look forward to discussing upcoming potential mergers, our goals to become a fully reporting public company, getting off of pink sheets, and enhancing shareholder value even more as the year progresses."
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
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
Additional Information
For additional information, please contact Shareholder Services at: (949) 756-9008
CONTACT:
Hop-on, Inc.
Shareholder Services
(949) 756-9008
- Go HPNN
$UNQT: Union Equity Inc. Announces Purchase of Bio Medical Inc.
Date : 05/23/2014 @ 8:15AM
Source : Marketwired
Stock : Union Equity, Inc. (PC) (UNQT)
Union Equity Inc. Announces Purchase of Bio Medical Inc.
INDIANAPOLIS, IN--(Marketwired - May 23, 2014) - Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT) is pleased to announce that through its wholly-owned subsidiary, Union Equity Investments, Inc., has purchased Bio Medical Inc. for shares of restricted stock of Union Equity Inc. and $7500.00 in cash, which is already paid in full, per an agreement dated and signed on December 10, 2012. Bio Medical holds interest in a medical marijuana company. Bio Medical Inc. is confident, although it is actively being disputed by the medical marijuana company, that the shares of preferred stock it holds in the medical marijuana company are valid. It is determined to protect such rights.
CEO JT Thornburg reiterates, "Neither Union Equity Inc., nor any subsidiary of Union Equity will sell, purchase, or participate in any operations of a medical marijuana company unless it firmly believes that such actions are completely and unquestionably legal on all fronts."
Contact:
Investor Relations
Phone: 317-575-4113
Email: jtthornburg@live.com
Website: http://www.unionequityinc.com
- Go UNQT
Hey dude!! We need to talk sometime.....hope all is well!
...............Yeah it should have moved higher, but I'm sure it's shakkerzz dumping his free shares. Will watch it tomorrow may buy some. 10B auth is not ideal situation
what's up LexL
HEY GUYS - what happened to the old school Spartan crew!? Anybody still around for the plays?
hey hommie I got a job interview at a hedge fun, pm me your #
DPDW on naked short list with Earnings around the corner. Time to buy, watch for the short squeeze!
Glad to have you back.
Glad to be back!
Damn glad to have you back bro!
SUTR 9.40 $$$$$$$$$
Sutor to Announce 2008 Third Fiscal Quarter Financial Results on May 15, 2008
Sunday May 11, 8:30 am ET
Earnings Conference Call to be held on: May 16, 2008, 9:00 am (Eastern) / 6:00 am (Pacific)
DONGBANG TOWN, China, May 11 /Xinhua-PRNewswire/ -- Sutor Technology Group Limited (Nasdaq: SUTR - News; "Sutor" or "the Company"), a leading provider of steel finishing fabrication products in China, today announced that it plans to report unaudited financial results for the quarter ended March 31, 2008, after the US market closes on Thursday, May 15, 2008.
The Company will also host a conference call to discuss its 2008 third fiscal quarter financial results and recent business activity at 9:00 am (U.S. Eastern) / 6:00 am (U.S. Pacific) on 16 May 2008. The conference call may be accessed by calling:
United States +1-877-847-0047 Toll Free
Hong Kong +852 3006 8101 Toll
The pass code for the conference call is SUTR.
All related materials to this conference including PowerPoint Text, Script could be downloaded from the Company's website at http://www.sutorcn.com.
A telephone replay will be available shortly after the call on the investor relations page of Sutor's website at www.sutorcn.com.
About Sutor Technology Group Limited
Sutor is one of the leading private manufacturers of steel finishing fabrication products in China. Sutor utilizes a variety of processes and technological methodologies to convert steel manufactured by third parties into steel finishing fabrication products, including hot-dipped galvanized steel, pre-painted galvanized steel, acid-pickled steel, and cold-rolled steel. To learn more about the Company, please visit www.sutorcn.com.
SUTR 7.65!! 52 wk break out, $ky is the limit!
nice! SUTR new all time HIGH!!!
SUTR about to break 7.00! gonna fly!!! $$$$$$$$$$
Please add RCCH`s chart to the iBox!!!
CHAG! Take another look! GREAT NEWS!
Posted by: mdigiova
In reply to: None Date:4/23/2008 3:25:03 PM
Post #of 11240
Hi folks,
I finally figured out how to logon to that Troller site. Found some very interesting information. CHAG filed a new disclosure statement. Included in the package is the following:
9.01 Refinancing with Source Rock Energy of Arkansas, LLC: Upon Confirmation Debtors will enter into a financing agreement with Source Rock Energy of Arkansas, LLC (“Source Rock”), a wholly owned subsidiary of Eurenergy Resources Corporation. The purpose of such agreement is to secure one or more oil and gas related loans (“New Loans”) to effect a complete payoff of principal and interest owed to Western National Bank and CapWest
Resources, Inc. Said Loan will be in an amount of approximately $6,250.000.00. A Proforma Balance Sheet is attached hereto as Exhibit “B”. Upon Confirmation, the Confirmation Order will constitute an order of the Bankruptcy Court authorizing Debtors to enter a financing agreement with Source Rock and to immediately execute such documents as are necessary to obtain and secure New Loans to effect a payoff of the allowed claims of CapWest and Western National Bank. Debtors, upon such payment, will be released and discharged of any Obligations to Western National Bank and CapWest and Western National Bank and CapWest shall promptly release any and all claims to the property of the Debtor. In the event Western National Bank and CapWest fail to execute any document requested by Debtors to evidence such releases, the Confirmation Order will constitute an authorization and direction for Western National Bank’s and CapWest’s counsel to execute such releases as Western National Bank’s and CapWest’s attorney-in-fact upon Debtors’ request.
The will be out of BK in May and uplist there after...all shares according the exit plan will stay intact. Especially since the Owner owns 22M.
Get in while you can....prices wont be down her too long...PPS could go to 1-3.00 after the uplist with oil and natural gas at a all time high and this company produces Mil in revs.
Once the plan is fully implemented we go! And I do beleive I heard you guys say that TOFS was an INVESTMENT...
amazing isn't it! and i made big bucks off swvc and a little off rcch. TOFS i've made $0.00 lol
Here is some humor..RCCH and SWVC both cheaper than TOFS..lol..These penny scams just keep sucking in that cash huh? So glad I am done with them
TOFS NEWS
247MGI Signs LOI to Acquire Manufacturing Company
Monday April 14, 8:32 am ET
FT LAUDERDALE, FL--(MARKET WIRE)--Apr 14, 2008 -- 247MGI Inc. (OTC BB:TOFS.OB - News) ("247MGI"), is pleased to announce it has signed an LOI to acquire a manufacturing company located in Miami, Florida.
ADVERTISEMENT
As previously announced the Company is seeking to increase liquid assets and has been working with several companies looking to go public. The manufacturing company will become a wholly owned subsidiary 247MGI and the transaction does not require the issuance of any Common or Preferred stock to the manufacturing company.
The manufacturing company currently has sales of $1.8 million and with some changes247MGI has required as part of the deal the company will net a minimum of 10% before taxes. The goal of 247MGI is to help expand the company through acquisition then package the company and spin it off as its own publicly traded company within the next 12 to 15 months.
For its assistance, 247MGI shall retain equity in the company and shall be in charge of all of Investor Relations. This is the first of several transactions the Company is currently working on.
This does not change the focus of 247MGI or its media operations. 247MGI will resume Broadcasts of Smallcap Rapp shortly and has received several good leads from its first market agreement.
On Wednesday at 7:00 PM Nationwide Short Sale Services ("NSSS") will Broadcast another segment of its Short Sale Service. On its first Broadcast NSSS had a 1% response to its test mailing and a 1/2 of 1% listed to the full Broadcast of 28 minutes.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Contact:
CONTACT:
Matt Dwyer
Chairman and CEO
954 323 2516
e-mail: Email Contact
--------------------------------------------------------------------------------
Source: 247MGI, Inc.
SUTR 6.50!!! SKIES THE LIMIT!!
SUTR 6.29!!!$$$$$$CHART--->
CHAG ~ 10KSB
Twelve Months Ended December 31, 2007 Compared to Twelve Months Ended December 31, 2006
We had no production operations in calendar year 2006. Our oil production operations began April 16th, 2007 with an effective date of April 1st, 2007. During the period ending December 31, 2007 we produced and sold 23,120 barrels of oil and produced and sold 55,831 mcf gas, generating $2,075,956 revenues after royalties, with a one month lag in receipt of revenues for the prior months sales. Start up expenditures, included debt origination expenditures, and the required prepaid hedge were $251,456. We had 84 wells actually producing oil and gas on April 16, 2007 and restored an additional 119 wells by December 31, 2007. The terms of our loan agreement required us to hedge initial oil production; we purchased two 1000 barrel hedge contracts covering the first 24 months production at a cost of $88,900. We also experienced non-recurring expenses related to start-up.
SUTR 5.90!
TOFS.OB - Smallcap Rapp to Enter Into Marketing Agreement
Friday April 4, 8:55 am ET
FT. LAUDERDALE, FL--(MARKET WIRE)--Apr 4, 2008 -- 247MGI, Inc. (OTC BB:TOFS.OB - News) ("247MGI") is pleased to announce that Smallcap Rapp(TM) is entering into its first Marketing Agreement. 247MGI hopes to enter into several agreements throughout the year to drive revenue and awareness to Smallcap Rapp(TM).
ADVERTISEMENT
Matt Dwyer, the Company's President, stated, "The Marketing Agreement fills avoid the Company has had with getting exposure to the show. Everyone we have had on the show likes the LIVE 30 minute format we just need to get the word out."
In other news
The reduction in the number of shares outstanding of the Company's common stock, as previously announced, will take place before the month is over. The shares will be converted into Preferred Stock that can be converted back to Common Stock after one year and will convert into the same number of shares of common stock as held today.
The servers should be arriving shortly which will allow the launch of the Player Application. When the Company receives some funding it will retain an attorney to fill the necessary Copyright protection and create the documents testers will need to fill out to insure the Player isn't copied or reverse engineered.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Contact:
CONTACT:
Matt Dwyer
Chairman and CEO
954 323 2516
e-mail: Email Contact
--------------------------------------------------------------------------------
Source: 247MGI, Inc.
Looks good frenchie...
$PARTAN$, EMKR starting to turn corner. Attack!
#board-10591
TOFS! .0121x.019 CHEAPIES! Time to average down if you are in! THIN THIN! came down from .024 to .0121 on 20k sold at the market. What an idiot. LOL!
maybe he would be intersted in selling some preferreds :)
I guess your not cool enough. LOL!
hey why cant he convert mine
247MGI to Reduce Shares Outstanding and Complete Private Placement
Friday March 28, 10:24 am ET
FT. LAUDERDALE, FL--(MARKET WIRE)--Mar 28, 2008 -- 247MGI, Inc. (OTC BB:TOFS.OB - News) ("247MGI") will be reducing the number of shares outstanding of its common stock when the Company's President converts his common stock to Preferred stock. 247MGI has also been discussing this with another significant shareholder about doing the same and should they also convert into Preferred the remaining shares outstanding will be approximately 50,000,000. The Preferred can convert back to common after one year and will convert into the same number of shares of common as held today.
ADVERTISEMENT
Matthew Dwyer, the Company's President, is finalizing a stock loan to infuse capital into the Company without having to sell any of the Company's assets. Mr. Dwyer will pledge his personal shares to obtain the loan then invest the money into the Company as a loan. The money will be used to hire additional personnel needed to expand the operations of the Company.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Contact:
CONTACT:
Matt Dwyer
Chairman and CEO
954 323 2516
e-mail: Email Contact
SUTR 5.32! ;)
wuuuuuuuuuuussssssssssuuuuuuuppp
Hey y'all, just wanted to stop by real quick and let my fellow Spartans know that I'm sorry I havent been around much lately, between work and trying to get some other things going, I've had to put investing on the back burner for a little while. Things should be starting to calm down soon, or at least I'm hoping.
Hope everyone is doing well and making a shit load of money!!
hmm isnt that whats his name that stock i have some just cant remember the ticker lol TOFS right?
Not quite sure but you might check with Matt at mdwyer@247mgi.com he should know
help me out i need to know what an AMEX shell is worth ?
GPGD still very much in play--->
waiting on lots of news concerning UPLISTING and BUYOUT(deal on the table, being finalized)
I think GPGD is undervalued and the SHARE structure is superb that makes this a BIG winner. Its going to make a hard move north soon. GET SOME IF YOU CAN!
RCCH NEWS
RCC Announces Large Wastewater Treatment System Relationship
RCC Holdings Corp. (Pink Sheets:RCCH) is pleased to announce the signing of a Memorandum of Understanding with Lakeside Equipment Company of Bartlett, Illinois (www.lakeside-equipment.com). This Memorandum describes the relationship that will allow RCC/IWS to expand its low-end market of 300 home subdivisions and below to subdivisions supporting many thousands of homes able to support capacities in the millions of gallons per day in volume. Lakeside was formed in 1928 and has representation throughout the United States. It specializes in the design of large treatment systems serving small to medium-sized municipalities with a highly trained and experienced engineering staff, Lakeside’s product portfolio includes proved and tested products that fit every wastewater need.
Claude Smith, President of RCC Holdings, states, “We have been working on the formation of this relationship with Lakeside for months and are bidding a project with them now. The subdivision market comes in all shapes and sizes, some small, some large. Larger projects that we have previously ignored, we will now pursue combining our subdivision marketing and project approach with Lakeside’s engineering and product background and experience. We couldn’t be happier about this significant strategic relationship with a world class and well respected organization.”
Warren Kersten, Partner in Lakeside, adds, “RCC has a unique vision and perspective on the subdivision market, a vision that we feel should be attractive to developers. We are happy to be involved with their team and look forward to helping RCC, both domestically and internationally.”
RCC Holdings Corp.
Gene Newton, 909-483-6500
Attention SPARTANS! This board was created so that we could celebrate our WAR LIST and voice our displeasures about our WAR LIST or any other stock. We ask everyone, if you get happy about the play, come to this board and post your WEEEE's, TO DA MOON's and TO VENUS. In the same token, if you are un-happy, come to this board and voice it. Lets try to keep WAR LIST boards as professional as possible so that new investors can do their DD. WE ARE SPARTANS, LETS BE CLASSY IN ALL WE DO AND SET A NEW STANDARD FOR INVESTING! War List TOFS- (Date added to War LIST 8/7/2007 Current PPS .015)http://investorshub.advfn.com/boards/board.asp?board_id=8576 Option List ACF, F, HTE, DPZ, C, ETFC
CHARTS
] ] BATTLE CRY "I firmly believe that any SPARTANS's finest hour, the greatest fulfillment of all that he holds dear, is the moment when he has worked his heart out in a good cause and lies exhausted on the field of battle- VICTORIOUS."-reconranger Spartan Shield How to add to your siggy - http://investorshub.advfn.com/boards/read_msg.asp?message_id=24114319 ***YOUNG SPARTAN Charts Tutorials*** http://investorshub.advfn.com/boards/satutorials.asp ***YOUNG SPARTAN OPTIONS Tutorial by LexL*** http://investorshub.advfn.com/boards/read_msg.asp?message_id=24369742
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Spartan Laws ***Choose your next words carefully Messengers. They may be your last...in SPARTA!*** ***Should you choose to be a self-proclaimed Basher or Flipper there is no place for you here! Continue to Bash or Flip and brag about it you will be cast in the well!*** THIIISSSSSSSSSSS IIIISSSSSSSSSSSSSS SSSPPPPPPAAAAAAAAAARTA!
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