Hop-On Inc (HPNN)

[PRmaniac]

The 1:2500 reverse split he filed for and never got approved by FINRA had one thing in it that signalled massive dilution to come.

"The authorized shares for the corporation shall remain the same"

So, if Hop-On had 7 billion + shares outstanding, a 1:2,500 reverse split Hop-On planned wouold bring the oustanding shares to 2,800,000 shares. Then he would have 7.045 billion dilutive shares he could issue, all while the share price tanks.

I think Hop-On is planning a reverse split, which might be why the CEO is tweeting to his minions to avoid listening to us "idiots" on message boards.
Apparently some of us are predicting the scam activity a little to closely for his comfort.

He may be getting pressured to free-up shares for conversion of all those special preferred shares that he supposedly exchanged for debt. As of the last report, he somehow forgot to physically issue those preferred shares, although the filings call them "issued and outstanding". He filed for the new class of preferred shares in Nevada in 2014. Maybe they denied Hop-On the authorization for the new preferred shares?