Hop-On Inc (HPNN)

[Arthur]

Sales are slightly down, at $139,157 for the Q. What is HPNN selling ?

Cost of sales is pretty much identical, near $85K.

General expenses are down, around $50K.

Net profit is halved relative to last Q, $2,819 relative to $6,345.

They end the Q with $2,241 of cash, last than last Q's $6,655.

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10,000,0000 series D shares have been issued. Long Term Liabilities have decreased by $7,162,511 yo $0.
The O/S is given as 6,700,000,000 shares, roughly a 1 billion shares decrease in O/S.
The 1 billions shares have been "Repurchased"!

In 2013, Hop-on launched the World’s First Disposable Smartphone, and developed a newly designed electronic cigarette.
The Company does not handle, sell, produce or distribute marijuana, nor does it intend to.

The Company has agreed with certain debt holders of the Company to convert their debt to preferred equity of the Company. This was announced in a press release on April 30, 2014. The Company has not physically issued the preferred stock certificates as of the date of this filing – the Company intends to do so in the next quarter, after it makes the requisite filing with the State of Nevada to increase its preferred share allotments to accommodate the conversion of the debt.

During the year 2014, the Company issued common shares as described below:
-The Company issued approximately 400 million shares for the reduction of liabilities.
-One billion shares were returned to Hop-on treasury.

Principal Products or Services and Their Markets
Hop-on’s current focus is on providing competitive license agreement packages to manufacturers and distributors of devices using Android and Chrome OS.

Re-Medical, Inc. is an IP development company for alternative medicines. The Company does not handle, sell, produce or distribute cannabis, nor does it intend to.

C. Beneficial Shareholders
There are no holders possessing 10% or more of the Issuer’s outstanding common stock.

2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this disclosure statement; and
/s/ Peter Michaels