Almost all of the 75% of the shares (14,000,000) were exchanged by the former CEO's company (Kirkland) into 1 million special convertible preferred shares, so they may have been/or will be returned to the treasury (or given to a certain consultant?).
I may have been wrong about SFIV being SEC-registered. They may just be SEC-reporting. I can find no evidence that they are SEC-registered, which would REQUIRE audited annual reports (10K).
a certain consultant also got quite a bit of "compensation" from the company, including almost $91K for the first 9 months and over $42.5K in the 3rd quarter alone. I hope that consultant got a 10-99 form and paid IRS and California taxes on these amounts. Great way to potentially to hide from court judgments or child support owed, me thinks, if that consultant was indeed the CEO of Hop-On. I do not know if he did or did not report this income, if that is the case.
Professional fees for the three months ended September 30, 2016 were $42,529 as compared to $0 for the three months ended September 30, 2015. The increase in professional fees is due to consulting expenses....
and
Professional Fees . Professional fees for the nine months ended September 30, 2016 were $90,883 as compared to $0 for the nine months ended September 30, 2015. The increase in professional fees is due to consulting expenses,......
News 
Market Data 
Discover 
