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More than double the $7 million liabilities - HPNN CEO has been lying in financials.
HPNN lied about and additional $9 million owed - purposely omitted this liability from its financial disclosure - pure stock fraud by the CEO.
Another massive lien $9 million $HPNN
This one lien is much more than the entire HPNN market cap, all while HPNN is broke and can't pay ANY of its obligations.
Judgment Debtor Information:
Judgment Debtor Name Mailing Address
HOP-ON, INC., A NEVADA CORPORATION 31938 TEMECULA PKWY
A323
TEMECULA, CA 92592
Judgment Creditor Information:
Judgment Creditor Name Mailing Address
DAN GANNON 3150 PARADISE ROAD
LAS VEGAS, NV 89109
Judgment Information:
A. Name of Court Where Judgment Was Entered COUNTY OF ORANGE - CENTRAL
B. Title of the Action HOP-ON, INC. a corporation v. DAN GANNON, et al.
C. Case Number 30-2008-00104779
D. Date Judgment Was Entered 08/26/2009
F. Date of This Notice 05/04/2022
G. Amount Required to Satisfy Judgment at This Date of
Notice
$8,737,352.03
E. Date(s) of Subsequent Renewal of Judgment (if any)
05/01/2019
All property subject to enforcement of a Money Judgment against the Judgment Debtor to which a Judgment Lien on personal property may attach under Section 697.530 of the Code of Civil Procedure is subject to this Judgment Lien.
Administrative Hold in Nevada SOS, no business license, lost the rights to Hop-On name, not paying California taxes, massive liens against HPNN assets (that's why HPNN can't keep any assets and why Petey has to live in momma's house)?
No, everything is not WELL
HPNN insolvent - not good news.
Peter Michaels and HPNN have so many liens - oh my. One can find all the liens against Petey and HPNN here https://bizfileonline.sos.ca.gov/search/ucc then put in the CEO's name. Then select any of the liens, then click on "History" on the right side when the lien shows. He owes MASSIVE amounts of money.
UCC Type
Debtor Information
File Number
Secured Party Info
Status
Filing Date
Lapse Date
Notice of State Tax Lien
PETER D. MICHAELS, INDIVIDUALLY AND AS RESPONSIBLE PERSON OF, HOP-ON-.COM, INC - TEMECULA, CA 177597865126 EMPLOYMENT DEVELOPMENT DEPARTMENT - SACRAMENTO, CA Active 07/25/2017 07/25/2027
UCC
PETER MICHAELS - TEMECULA, CA 197739302566 COMPLETE BUSINESS SOLUTIONS GROUP, INC. - PHILADELPHIA, PA Terminated 10/08/2019 10/08/2024
UCC
PETER MICHAELS - TEMECULA, CA 197747228269 CORPORATION SERVICE COMPANY, AS REPRESENTATIVE - SPRINGFIELD, IL Active 11/18/2019 11/18/2024
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210036245324 MCA REHAB LLC - MIAMI, FL Active 04/07/2021 04/07/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210036247227 SAUCHEEN FINANCING LLC - MIAMI, FL Active 04/07/2021 04/07/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210047506019 CAPITAL ADVANCES LLC - FT LAUDERDALE, FL Active 05/18/2021 05/18/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA 197724970399 C T CORPORATION SYSTEM, AS REPRESENTATIVE - GLENDALE, CA Active 07/25/2019 07/25/2024
Judgment Lien
PETER MICHAELS - TEMECULA, CA 187634114166 JOHNNY WOOLEN - TUSTIN, CA Lapsed 02/20/2018 02/20/2023
Judgment Lien
PETER MICHAELS - TEMECULA, CA U230019338431 JOHNNY WOOLEN - TUSTIN, CA Active 03/21/2023 03/21/2028
Looks like stock promotion by the CEO to help dump tons of discounted shares.
Correct - they are not paying employees - FACT
Maybe one should read the financial disclosure, filled with false info and lies.
One should know what payroll is, right?
One should know what "accrued" means, right?
Feel free to research what wage theft and why it is a serious crime.
Then "accrued payroll" means pay owed that is not being paid.
Over $700,000 in accrued payroll in 2022 alone.
There have been many employees/former employees ranting about not getting paid their compensation/wages.
Administrative Hold in Nevada SOS, no business license, lost the rights to Hop-On name, not paying California taxes, massive liens against HPNN assets (that's why HPNN can't keep any assets and why Petey has to live in momma's house)?
No, everything is not WELL
So the IR firm hired is not working for him anymore?
Kinda like all those employees he didn't pay, right?
CEO says there is no shorting at all.
Any investor claiming there is shorting can't produce any evidence of it.
CEO Petey the fraudster has never, in over 20 years, provided ANY evidence. Just BS claims.
$1.80 total outlay for the 2,000 share trade to paint the tape?
The previous ones were also tiny trades.
Volume once again pathetic.
https://ih.advfn.com/stock-market/USOTC/hop-on-pk-HPNN/trades
From his financial disclosure, he has not been paying employees, either. If true, I wonder if anyone has reported him for wage theft, which would be a huge crime?
Has he been withholding and remitting appropriate payroll taxes?
Does his private company digitalnothing (not owned by HPNN) have a tax ID number? That would be good to know.
Michaels is a joke. Stock promotion likely to help him unload some of the 3 billion newly-authorized common shares to further dilute HPNN into the ground.
There is so little buying interest at these high prices that he needs to generate hype, especially if he is giving out dilutive shares at 50% or 60% discounts that can be immediately converted to lock-in profits.
Peter Daniel Michaels (was running SFIV into the ground) owes a lot of money to Sector Five - does it matter? He has so many liens against him and his ailing Hop-On, which can't pay its obligations.
Here is one of them:
All property, assets, rights, real property and interest in property of Debtor, of any kind or description, tangible, whether now
owned or existing or hereafter acquired or arising and whosesoevers' located including, but not limited to the following: All
deposit accounts, accounts and accounts receivable of Debtor, whether now in existence or hereafter coming into existence all
letter of credit rights: all chattel paper ( whether tangible or electronic) contract rights, instruments (including promissory notes),
documents, general intangibles (including, without limitation, payments intangibles trademarks, service marks, trade names,
patents, copyrights and licenses), inventory (including raw materials inventory, finished goods inventory, parts, supplies) and
goods in process of debtor, whether now in existence or owned or hereafter coming into existence or acquired, whether located,
and all returned goods and repossessions and replacements thereof: all vehicles, furniture, machinery and equipment now
owned and hereafter acquired by Debtor (including all embedded software): all investment property: all supporting obligations,
software and commercial tort claims: all accessions. Additions, replacements, and substitutions relating to any of the
foregoing: all records of any kind relating to any of the foregoing: all proceeds relating to any of the foregoing (including
insurance, general intangibles and accounts proceeds): All insurance policies insuring the foregoing property or any part thereof
including unearned premiums and all refunds
Peter Michaels and HPNN have so many liens - oh my. One can find all the liens against Petey and HPNN here https://bizfileonline.sos.ca.gov/search/ucc then put in the CEO's name. Then select any of the liens, then click on "History" on the right side when the lien shows. He owes MASSIVE amounts of money.
UCC Type
Debtor Information
File Number
Secured Party Info
Status
Filing Date
Lapse Date
Notice of State Tax Lien
PETER D. MICHAELS, INDIVIDUALLY AND AS RESPONSIBLE PERSON OF, HOP-ON-.COM, INC - TEMECULA, CA 177597865126 EMPLOYMENT DEVELOPMENT DEPARTMENT - SACRAMENTO, CA Active 07/25/2017 07/25/2027
UCC
PETER MICHAELS - TEMECULA, CA 197739302566 COMPLETE BUSINESS SOLUTIONS GROUP, INC. - PHILADELPHIA, PA Terminated 10/08/2019 10/08/2024
UCC
PETER MICHAELS - TEMECULA, CA 197747228269 CORPORATION SERVICE COMPANY, AS REPRESENTATIVE - SPRINGFIELD, IL Active 11/18/2019 11/18/2024
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210036245324 MCA REHAB LLC - MIAMI, FL Active 04/07/2021 04/07/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210036247227 SAUCHEEN FINANCING LLC - MIAMI, FL Active 04/07/2021 04/07/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210047506019 CAPITAL ADVANCES LLC - FT LAUDERDALE, FL Active 05/18/2021 05/18/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA 197724970399 C T CORPORATION SYSTEM, AS REPRESENTATIVE - GLENDALE, CA Active 07/25/2019 07/25/2024
Judgment Lien
PETER MICHAELS - TEMECULA, CA 187634114166 JOHNNY WOOLEN - TUSTIN, CA Lapsed 02/20/2018 02/20/2023
Judgment Lien
PETER MICHAELS - TEMECULA, CA U230019338431 JOHNNY WOOLEN - TUSTIN, CA Active 03/21/2023 03/21/2028
Overseas Ventures Inc (Peter D Michaels, President) is a Delaware corporation that holds notes against Hop-on Inc to the tune of $805,600 and growing, is in Delinquent Status in Delaware due to unpaid tax.
This is from 2021, so he HPNN may owe more than $1 million now, plus HPNN subsidiary and Peter Michaels owe close to $500K to Delaware for unpaid taxes.
HPNN CEO and liens - not looking good. HPNN can't even enter into contracts. Business license now forfeited, and HPNN has even lost the right to the Hop-On business name.
Businesses
If you’re a business, you must be in good standing in order to enter into any business transactions or contracts, such as the sale of real property.
Check your business status with the California Secretary of State Business Search.
If your business is suspended or forfeited, visit My business is suspended.
Actually it doesn't work. I'm on the invited creator list. There are not many on that list. And those on the list had to sign to not comment unless it went through Petey, first.
Because of his fundiing falling through, he is now forced to put out stuff and some followers are putting out old pitch deck material from 2021 and 2022. Was a joke, still is a joke.
He also NEVER submitted any apps like he promised he would.
Not even a good squarespace page.
Can't do a dividend. HPNN has no assets AND CANNOT PAY ITS BILLS. No revenue, liabilities almost 2X the market cap, HPNN filing false financials leaving out almost $9 million in liabilities. The CEO is aware of this $9 million owed, because I know he knows he lost the court case, has been personally served with cort-required debtor exam appearance orders, and even got served with a warrant with $10K bail if he continued to skip debtor exams ordering him to provide all assets/liabilities evidence.
A divie would be illegal.
Breaking - HPNN files false financials?
In their apparent false financial annual report, HPNN indicates it has 29 million special preferred shares authorized, with all 29 million preferred issued.
In HPNN's records with Nevada (their state of incorporation), HPNN discloses it actually has 120 million (not 29 million) preferred shares authorized.
CURRENT SHARES
Class/Series Type Share Number Value
Common 10,480,000,000 0.0001
Preferred 120,000,000 0.0001
Nevada compliance was very interested to learn that HPNN apparently filed false financial disclosure. It now has been placed on ADMINISTRATIVE HOLD, and still has not filed its delinquent statement of information.
Now we will see if FINRA and the SEC do their job.
HPNN owns 0% of digitalage.
HPNN seems to have failed to show digitalage as an asset. If it was, it could be siezed by lienholders trying to get HPNN to pay back all the money it has been taking from gullible investors.
Maybe investors should order docs from Nevada SOS that show who the real owner of the little private LCC digitalnothing. Anyone surprised it is owned by one person (Peter Michaels)?
HPNN is just the vehicle to funnel cash from loans Petey refuses to pay back into his grimy pockets at his private company, IMO.
Wrong annual report. The one that Petey was supposed to file was for Nevada.
The one for OTC markets is filled with false information and omitted the $9 million that HPNN owes and that has caused the court to order CEO Petey to appear for multiple debtor exams to explain why he has not paid the court-ordered liability.
HPNN is financially insolvent and cannot pay its obligations.
HPNN annual report delinquent - was due in Nevada SOS on 3/31/2023.
HPNN has been placed on Administrative Hold in Nevada.
Duh, no wonder - markets closed for good friday.
No actual beta? Just a squarespace page and no funding.
HPNN no longer current
On administrative hold, and was supposed to file their annual report with Nevada on 3/31/2023.
Also, Nevada shows 120 million preferred shares. HPNN con-n-paste false financials does not reflect this massive increase in preferred shares.
No Inside Bid / Offer
Showing this now, plus Nevada placed HPNN on Administrative Hold. Petey, what did you do?
Over 35:1 Sell/Buy Ratio so far today.
Looks like Petey may be dumping shares again.
Wow, only a few trades, and almost no buying interest
Maybe investors saw how funding did not happen and also saw that digitalage private LLC is not even listed as an asset, while all their shares are still privately in Peter Michaels grubby hands (not Hop-On's).
Or they may have seen that HPNN failed to disclose the $9 million liability (much more than the entire HPNN market cap) on their financial disclosure. Sure hope their accountant didn't approve this.
Old story from archives. That is from their old pitch-deck. Re-hashing stuff that is not even a platform.
Well, CEO Petey does read the message board, so I would expect he will try to put out hype or more shorts conspiracies. So little buying interest.
Pretty suspicious that he would turn off comments from his so-called followers. Nothing resembling social media or freedom of speech. He can put out stock promotion all day, and hope a few will re-twit now that they can't post there.
Question to the HPNN CEO
Please look at my earlier post about the almost $9 million HPNN owes. This is a real court judgment, with interest accruing, and it is AGAINST HPNN and its CEO (as sole control person).
The court has required you to appear and provide all financial info on assets, etc.
Mr. CEO Petey. Why is this not included in your cut/paste financial disclosure you filed with OTC Markets Group?
This $9 million HPNN owes (company liability, just like the Smokeless Select judgment -interest accruing - you have not paid back) is much more than the ENTIRE MARKET CAP of HPNN. Omitting this company liability, especially when you KNOW and have been served and ordered to appear (more than once) for debtor exams by the court, seems concerning, at best.
Is FINRA aware of this apparent serious omission?
Is Neal Newgard aware. You know Neil, your lawyer that you still owe $ from 2014.
Massive 3 billion share dilution. Launch delayed until 2026.
Bankruptcy filing coming? Ask CEO Petey how the debtor exams are going for him.
$9 million HPNN owes, plus massive amount of other debt, unpaid wages (wage theft?), huge judgment liens, and HPNN can no longer pay its obligation (has almost $0 assets).
HPNN lied about $9 million owed - purposely omitted this liability from its financial disclosure - pure stock fraud by the CEO.
Another massive lien $9 million $HPNN
This one lien is much more than the entire HPNN market cap, all while HPNN is broke and can't pay ANY of its obligations.
Judgment Debtor Information:
Judgment Debtor Name Mailing Address
HOP-ON, INC., A NEVADA CORPORATION 31938 TEMECULA PKWY
A323
TEMECULA, CA 92592
Judgment Creditor Information:
Judgment Creditor Name Mailing Address
DAN GANNON 3150 PARADISE ROAD
LAS VEGAS, NV 89109
Judgment Information:
A. Name of Court Where Judgment Was Entered COUNTY OF ORANGE - CENTRAL
B. Title of the Action HOP-ON, INC. a corporation v. DAN GANNON, et al.
C. Case Number 30-2008-00104779
D. Date Judgment Was Entered 08/26/2009
F. Date of This Notice 05/04/2022
G. Amount Required to Satisfy Judgment at This Date of
Notice
$8,737,352.03
E. Date(s) of Subsequent Renewal of Judgment (if any)
05/01/2019
All property subject to enforcement of a Money Judgment against the Judgment Debtor to which a Judgment Lien
on personal property may attach under Section 697.530 of the Code of Civil Procedure is subject to this Judgment
Lien.
The CEO lied in his financial disclosure (many times).
Here is just one
7) Legal/Disciplinary History
A. Identify whether any of the persons or entities listed above have, in the past 10 years, been the subject of:
1. A conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding
(excluding traffic violations and other minor offenses);
N/A
Well, the CEO was convicted criminally of severely beating a woman, got 3 years supervised probation, got jail time, has to pay $500 to the domestic violence fund, perform community service, was ordered to go to 52 weeks of court-ordered rehabilitation, and is ordered to pay restitution
HPNN is not current. It is on Administrative Hold in Nevada, plus HPNN was supposed to file by 3/31/2023.
There is no bond financing. Ther mezzanine financing of $5 million fell-through (did not happen). They probably did a lien search, criminal background, and credit check and decided to not work with a serial fraudster CEO and company like HPNN.
There is no platform, just a squarespace webpage.
HPNN admits - no funding.
Big lie in financials - Nevada had to place HPNN on Administrative HOLD
In financials, HPNN claims:
Wow, since there is no funding and HPNN not paying employees, per their "false" financials, it is not clear how the CEO can pay his $6K per month child/spousal support.
At least he has the 3 billion dilutive shares he can or already is issuing to help pay his mounting personal expenses.
There is no beta launch (closed, so no one knows it is not happening). Just a squarespace page.
HPNN is financially insolvent, is not paying employees (looks like most/all already quit).
Wage theft is a serious crime, even worse if Petey knew he would not be paying them and contractors.
3 billion dilutive shares to issue, and yes he will.