Hop-On Inc (HPNN)

[PRmaniac]

CEO's statement in financials is a joke. Hop-On isn't in the process of settling the fraud case against the CEO and Hop-On. The case has been decided, and the CEO and Hop-On lost. Judgment has been entered, so the case can't be settled. If the winning plaintiff files to have California help recover the fraud damages, Hop-On may not get their business license back and may have the state help the victim of Peter's fraud recover damages. Bank accounts (corporate and Peter Michaels personal accounts) can be garnished to help recover the damages and fees.
Here is more on the Victims of Corporate Fraud program in California.
http://www.sos.ca.gov/business-programs/vcfcf/


From Hop-On:

Currently Hop-on IP of California is not in good standing due to filing the State and Federal Taxes. Those tax returns have now been filed. I believe that will resolve the issue with the State of California.
Hop-on, Inc and other defendants received a default judgment in a civil case in the County of Riverside for approximately $100,000 in favor of Smokeless Selects. Hop-on is in the process of settling the case or seeking other remedies to resolve the issue.