Hop-On Inc (HPNN)

[Dave Smith01]

This means he's trying to pawn off worthless shares of HPNN stock in lieu of paying cash.

"seeking other remedies to resolve the issue"

Michaels is famous for trying to settle after the fact (after things didn't go his way). He always offers worthless stock in return for a settlement agreement. Everyone who has ever done this was at least scammed by him again. They will never recover their money via HPNN shares. They also will never get paid. It's just how this POS scam operator works.