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Another bogus press release to help dump shares
They never launched a beta, now they say they may someday launch an invite-only re-launch of the non-existent beta they never launched.
Petey is fully aware that any assets, property, licenses, accounts receivable, loan proceeds, and anything else HPNN has currently (including digitalage website and software) is not owned by HPNN. It is owed by creditors and the State of California, who have massive liens against HPNN.
Just one of those liens (HPNN fails to disclose this lien) is for $9 million, with interest accruing.
That one lien is almost 4X the current HPNN market cap.
Peter will resign? I don't think that will help the stock price.
CEO Petey having a very bad week.
Sure hope he didn't get caught lying about his/HPNN's assets in his debtor exams.
CEO Petey - resigning this week?
And no, as they seize all assets, including digitalage common and preferred shares, you will not be allowed to be an officer or director of any public company.
Searches also reveal the HPNN CEO beat a woman so bad it resulted in an additional multiple felony charges against him. He is now serving he sentence for beating that woman.
So, all funding failed for HPNN - not good news
Apparently, financiers did a credit check of CEO Peter Michaels, as well as a criminal background check that reveals he has multiple felonies, including for money laundering and obtaining $ by false pretense (felony financial fraud).
MM's give 1099's just like other employers.
HPNN doesn't pay its employees and is in huge trouble for not paying taxes.
So that's what you are going with. Ok
Has anyone ever bet on Peter and won?
A pattern emerges. Last time CEO Petey drove it to $0.0001 ask flatline.
And now HPNN has liens on any asset (present or future). That includes accounts receivable, royalties, loan repayments, trademarks, software/code, etc.
Most liens (including tax lien) have been renewed for even more years.
$100-worth was the biggest in the buy column today. Plenty available.
Having trouble selling your only investment (HPNN)?
I saw that X post mentioning everyone just wants to get out and move on, but it looks like the gullible longs are trapped.
Most are at varying stages of grief.
Facts:
There is no shorting, per the CEO and OTC Markets. Prove me wrong.
HPNN is financially insolvent. Forced bankruptcy is likely. Common shareholders are at the bottom of the list to get paid, and without any real assets, there is no money to pay preferred shareholders, creditors, or management.
Re:
His only fans membership must have lapsed. CEO might have to sell some HPNN shares, especially since he has to raise money for his cut-n-paste false final disclosure coming due.
Sorry, that is only information for those who need to know.
You do realize that MM's only help make a market for stinkie pinkie stocks.
99%+ of all trades are made/matched electronically, with no MM intervention or assistance.
Still haven't been able to dump all your HPNN shares? No worries, it is not much money, so losing it all should only be worth one SS check.
With this POS company being your only investment, I understand all the bitterness you and jaime exhibit. Peter takes everyone to the cleaners, but asks for quarters to help pay for the parking, because he doesn't have a quarter left in his change jar.
Well, they will likely tweet that big news is coming, then it will just be that they put out their quarterly financial disclosure, something they have to do anyway.
Hopefully investors can dump into any hype-induced volume, but they may be competing with toxic convertible death spiral financing dumping.
Financiers typically dump their shares immediately to lock-in their profits from the steeply-discounted new shares issued.
Peter's probation officer and sheriff can search him, his residence, any vehicle he is in, etc, at any time, per his conditions for staying out of jail.
Price target $0.0001
But at steep discounts to the share price, massive dilution will likely happen with shares issues at around $0.00005.
Th lower the price drops, the more steeply-discounted shares will be needed to be issued to get that same $1 of cash to pay the rent and spew bogus tweets for stock promotion.
another post showing the serial failures of Peter Michaels. Looks like he is doing to new HPNN investors what he has done to previous investors that were dumb enough to believe his BS.
Everything he has tried has failed miserably, while he cashes in on investors sending money and loans he will never pay back.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=95049027
Blast from the past - the CEO is still a slimeball fraudster, but he makes a career out of it
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=94318351
Peter Michaels and his wife have another huge civil suit coming up against them for scamming someone in a home rental deal. The slime ball submitted false credit reports to gain entry into a million dollar estate for squatting purposes. It is scheduled to come to a jury trial over the next 2 months.
See CASE NO: RIC1217464 in the Superior Court of California, County of Riverside. The suit was filed 08/13/2013.
Read the court docs to see just what a slime ball Peter Michaels really is. This is typical of Michaels. He does it over and over again. Everyone gets judgements against him but are unable to collect because he does not own a thing in his name.
Here are a few highlights taken right from the filed court docs:
The home was 5500 sq ft, 10.5 acres, in Temecula, CA
PM submitted a false credit report claiming a 655 credit score. In reality his credit score is actually 0 (zero) and negative according to the submitted court docs.
The court docs also show that Michaels has 8 people/accounts trying to collect funds from him in 2012 alone. He has at least 10 home evictions where he and his wife are defendants, 2 writs attached to their non-existent property, outstanding child support of $283,377 a federal criminal conviction, were in search of a house to rent because they were evicted from their prior house, etc…
Pull the docs and read for a huge laugh. It's actually sad that this SOB is still walking the streets. He belongs in prison.
Peter planning quiet bankruptcy filing?
You do realize HPNN can't hold any real assets, including any "investment" in digitalnothing.
HPNN also now has disclosed that it cannot pay any of its obligations.
AAPJ's performance, promotional tweets, and financials do all the bashing for the company. No help needed.
Shorts, no need to cover. Reverse split is probably on their radar already.
And their quarterly will likely be even worse than last time.
I understand, you don't know leveraging a "contract" for real estate you don't own and using it to show an asset. Happens all the time, but when you peel back the rest one sees that's basically all they have to show for a public company that had to boot its former CEO out for massive misconduct/fraud...I believe their is a warrant out for that former guy. Does he still have preferred shares? I think current management no longer has that baggage.
And I don't really need to monitor anything, but may do so from time to time, thanks.
Bull? That's fine, but there are a lot that post critically of the content of your stock promotion posts while already dumping into volume.
What's up with that?
You have to know where to look. Keep begging for another company twit to help dump your shares. Little buying interest at these high prices after investors saw that their assets are really loans/contracts so they could show an asset.
Dilution facts - you don't believe facts? Ok
AAPJ - dilution nightmare...and more to come
They already need to raise their authorized shares to 10 billion shares - maybe that is the updates coming being mentioned.
Unless they are planning a 1:2,000 reverse split. They currently don't have enough authorized shares to allow conversion of the toxic deathspiral convertibles at steep discounts. It will get worse as the share price hits $0.0001.
The number of shares outstanding of our Common Stock was: 359,378,081 as of June 30, 2023
Total shares authorized: 300,000,000
Now
Outstanding Shares
1,779,878,081 10/13/2023
Those are the facts - massive AAPJ dilution.
Already dumped all your shares for a loss, like mentioned previously. Oh my.
That's some hefty losses, sweetie.
tweet to help with more dilution?- AAPJ is a dilution nightmare.
Probably already planning a reverse split 1:2,000 or to raise the share authorization again this year to 10 billion shares.
CEO Petey - more court-ordered debtor exams? You know they have the information about money from HPNN going directly into your pocket. Do lie in a court-ordered debtor exam. It could jeopardize your 3-year probation for severely beating your own wife.
None of your business who is paid to post or not.
Any evidence to support your claims?
Maybe you should try contributing for a change. Oh, that's right, there are no positives to report for HPNN and HPNN is flat broke and can't pay any of its obligations, per the latest from the HPNN acting-CEO Peter Michaels.
Sorry you are having so little luck selling all your HPNN shares.
Correct - massive dilution reported by AAPJ and the transfer agent
Donating to keep HPNN alive fund? Peter just uses the money for himself.
from a HPNN large shareholder who he blocked from his HPNN stock promotion page because the person is asking for a delinquent loan to be paid back. HPNN is FLAT BROKE
Yes, reverse split is in the works. Weren't you on the meeting? Just kidding.
AAPJ is a confirmed dilution nightmare.
Interesting that they supposedly entered into a real estate "contract", have not paid the contract amount, yet are fudging their numbers to call the "contract" that they have not paid an "asset"?
They have no other real assets and have little cash left.
He was already selling while hyping AAPJ. He does that on most of his pump/dump efforts.
AAPJ looks like a reverse split is already being planned.
I see you are still trying to dump HPNN shares, per the twit messages
Without buying interest, it must be difficult.
And the best message was admitting HPNN can't pay any of its bills anymore.
What took so long to come to that realization?
Good luck Shorts - keep the pressure on and no need to cover, even as the share price moves to no bid, 0.0001 ask.
Reading comprehension might help.
They had 300 million shares authorized in June. They issued more than authorized 359,378,081.
They had to increase the share authorization to 3 billion shares. Within a short period of time, their outstanding shares rose exponentially to 1,779,878,081 shares, due to massive dilution.
And dilution will have to ramp up even more. The lower the price drops, the more dilutive shares need to be issued at steep discounts to the share price. Those are almost always immediately dumped to lock in profit, and before investors know how many shares are hitting the share pool.
or does it mean Reverse Split is back on his radar?
He would have to get back current in Nevada, first, before they can approve a reverse split.
Dilution facts - you don't believe facts? Ok
AAPJ - dilution nightmare...and more to come
They already need to raise their authorized shares to 10 billion shares - maybe that is the press release being mentioned.
Unless they are planning a 1:2,000 reverse split. They currently don't have enough authorized shares to allow conversion of the toxic deathspiral convertibles at steep discounts. It will get worse as the share price hits $0.0001.
The number of shares outstanding of our Common Stock was: 359,378,081 as of June 30, 2023
Total shares authorized: 300,000,000
Total shares outstanding: 359,378,081 as of date: June 30, 2023
Now
Outstanding Shares
1,779,878,081 10/06/2023
Those are the facts
more bad AAPJ news
from their own financials...
Almost no cash....
Other Assets
So CEO Petey owes many noteholders and is refusing to pay them?