Hop-On Inc (HPNN)

[PRmaniac]

Any shareholders ask Petey how many shares are now issued and outstanding?

I mention this because we know he has issued more shares than authorized in the past, and at last report HPNN was getting close to the maximum authorized shares.

He also has the little problem that there are tons of shares soon convertible to common. He has to make sure there are enough shares available for the conversion. The party(s) will probably want to convert and dump the shares before Hop-On goes to no bid again.

I do not think Hop-On can do a reverse split or raise the share authorization to 15 billion shares while in default in Nevada.