It was a direct result of the SEC action and HRNF agreements they made...lots of them with the same offending parties over the years.

Since HRNF did so many agreements for shares for cash with the target of the SEC serious action, you can bet they were involved and hopefully they are cooperating.

They may have done nothing seriously wronmg, but they did do the agreements and got caught allowing the transfer agent to remove restrictve legends from stock, the kept selling more stock the same way in at least aozen agreements.

This may be part of the reason for the DTCC chill and the fact that HRNF has now ceased to communicate in any way with the investing public.

This SEC action and investigation....hopefully HRNF cooperated and/or is cooperating.

http://www.sec.gov/news/press/2011/2011-1.htm

from March to September 2008, Gendarme entered into at least 11 warrant agreements with WGL Entertainment Holdings, Inc. (“WEHI”)(This is now HRNF)

In March 2009, WEHI changed its name to Heathrow Natural Food & Beverage, Inc. (“HRNF”). From then until March 2010, Gendarme purchased more than a billion HRNF shares, and, during the same time, repeated the process of regularly dumping the shares on the market,

Yep, SEC could take action. Dumping illegal unregistered shares, which looks like what they've been doing since well into 2010, could get Peter in even more trouble.

HOP-ON almost flat broke - confirmed

Checking/Savings $120.00

Is HRNF cooperating with SEC investigation into Gendarme's illegal sales of HRNF shares?

Maybe they are also looking at the past financials where HRNF admitted issuing unregistered shares, violating security laws.

SEC already knows HRNF deeply involved in the illegal Gendarme shares for cash deal. At least one dozen...maybe dozons of secret deals between Gendarme and Heathrow were uncovered in the SEC's investigation.

Obviously this is why the DTCC placed such serious restrictions back on HRNF to protect investors.

The latest paid HRNF promoter got paid in HRNF shares and apparently still can't sell because of the no bid problem.

Oh, and she lied about having a Vangaard account.

Yep reverse split in the works

1:500 reverse split likely.

HOP-On already has issued almost all shares authorized, and is ready to dump billions and billions more shares on unsuspecting gullible investors that don't know about the felon CEO's pump/dump tactics.

HOP-ON confirms - massive dilution

OMG they are diluting as fast as they can. Huge dumping of shares

Strong sell signal = price target = No bid

My price target is no bid, now that investors are learning what the company is dumping on shareholders as fast as they can.

Call the T/A....doesn't look good.

Will need to raise A/S to 20 billion withing weeks

Plus, they already issued 3/4 of the new preferred class C stock, each shares worth 300 common.

They are required to have A/S common high enough to cover the conversion of those billions of shares-worth of restricted shares (on as-converted basis).

Hop-On still does not have a high enough A/S at 4.98 billion shares.

Looks like the SEC may have contacted them, because they apparently raised the A/S with Nevada quickly after the tiplines got the reports of issuing billion more shares than authorized in 2010 and 2011.

Not harrassing at all. Just letting them know the CEO lies and doesn't pay his obligations. So far no retail store in the USA carries the product, per latest info.
Corporate was very interested in the fact they don't pay judgments against them and have a history of trying to get out of paying what the CEO admits the company owes.
Seems like association with scammers is something they will try to avoid.

Articles of Conversion (NRS 92A)
For filing the conversion of a domestic entity or a foreign entity. This form MUST be accompied by a domestic new filing application.

Why hasn't Eric disclosed to shareholders what he is up to now?

Actions\Amendments

Action Type: Convert Out
Document Number: 20110431302-37 # of Pages: 2
File Date: 6/09/2011 Effective Date: 6/20/2011
ATTN: WM. ERIC OTTENS C/O: APPTECH CORP. 2002 TIMBERLOCH DRIVE SUITE 200 THE WOODLANDS, TX 77380

The other company actually sells something. Hop-ON doesn't sell much of anything and has failed miserably in every venture it has tried.

Now it is back to dumping shares. The bloated PPS is dropping back to no bid soon, although I expect more panic-stricket press releases to slow the drop and to allow him to dump more unauthorized shares.

Look at the top stickey note. He is not only dumping common, but has now dumped 3/4 of the new class of preferred C shares. Each one of those is worth 300 common shares....ouch.

judgments....plural

those that won against Peter could provide the info you are looking for. Good luck. Try calling the CEO yourself. Maybe he cab tell you how many and how he lost.

Yep, no bid soon. Reverse split will then be needed.

I won't give a felon-run company my credit card number. This is especially a concern because of what he did in the past, too....taking shareholders money and using it to buy things and pay his bills, per the past indictment.

He till hasn't satifies the past judgments where he was found liable.

nope - caveat emptor warning on pinksheets

Hop-On, Inc. HPNN
OTC Pink No Information / Common Stock OTC Markets has discontinued the display of quotes on ........... for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities.

Just leftover inventory they are trying to dump? Remember, Heathrow was paying stores to try to test market the product on numerous occasions. Drugmart dumped Heathrow's gum, too.
Heathrow still claims it would be on the sheves in March....LOL

/drugnmart even commented that they want Heathrow to quit using its name in press releases.
So you admit it could be photoshopped....likely, since you also refuse to disclose which store so it can be verified.

Just pointing out your incorrect post. You indicated there were no DTCC issues. I pointed out the serious issue (see sticky note above) of the DTCC's exit of the cussip for HPNN (happened months ago). Hop-On has not been able to clear this serious issue up and continues to have these serious restrictions.
Yet another failure by Hop-On, all while dumping billions more dilutive shares on those that can least afford to get stuck with a company that lies and has a felon for a CEO.
Good luck

Yes, serious DTCC problems announced for HPNN

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55127250

Could need a reverse split with one month.

Probably a 1:300 or 1:500 reverse split this time, so they can dump shares as the stock price tanks.

HOP-On heading to no bid

Now that investors realize the CEO has exponetially-increased the dilution and still is not making any money, they will be dumping shares fast.

Those that foolishly bought at $0.0003 or higher are now stuck with their shares that they can't sell easily with the DTCC action against hop-on.

matty - hop-on has failed in everything it has ever done.

This is no different. Peter needed money to stay afloat and pay his lawyers, so he initiated this latest little scheme to help him dump even more shares on unsophisticated investors.

Their lates problem is issuing billions more shares in 2010 and 2011 that they have authroized. This often attracts the attention of regulators and sometimes gets a company's shares halted or worse.

more important points:
Hop-on has been dumping dilutive shares as fast as they can.

Their letter of intent is the second time they tried this with the same company....that company is also controlled by the HOP-On CEO, so the press releases are at best misleading and just pump/dump material. Read the indictemt press release against Peter Michaels...didn't he also pump/dump back then, hyping a deal with co's secretly controlled by Peter Michaels?

The so called east coast distributor. Did HOP-ON disclose the name of that distributor or if it was secretly controlled by Peter Michaels? Did they ever actually have a deal to sell even one E-cig with that distributor?

Seven - my message is 100% true.

The SEC went after the company/individuals that did at least a dozen...maybe 15 or more deals for discounted shares. These deals were done directly with Heathrow/Mike Pagnano.

So far Pagnano has not provided any explanation, and they would have know these shares were being re-sold immediately after the deal with PAGNANO.

Pagnano, the CEO has admitted to selling illegal unregistered shares in the past, so one can only speculate what his involvement in the lates shares for cash schemes he repeatedly entered into agreements to complete.

HOP-ON issued more shares that allowed by law (authorized by Nevada SOS)

Billions more....ouch.

More like no bid soon.

The massive dilution has now been disclosed, and the share price is falling back toward $0.0000

lakers - they can go to the /SEC.gov website and look at litigation releases to see all 17

They have been going after more penny stock scams, but they don't have enough staff or budget to go after very many.

PYCT's former CEO Mario Pino also had the SEC take action against him, but I'm not sure they even forced him to appear, yet. It took the IRS to put him in prison....along with his meth habit jail stints.

Pino appears to be trying to continue his past ways, and still claims to be inolved with Paychest, on his linked-in page.

HOP-On has failed miserably in every attempt to sell anything anywhere. A background check is done by any company's legal team before doing deals. HOP-ON's CEO has a major felony conviction. Wouldn't even get hired at most companies, let alone get to do business with them.

Not with the billions of shares hop-on has been dumping behind shareholder's back without authorization.

Read the securities laws and you will see why this is a BIG problem, imo.

hades - it was only a test marketing store that still had inventory from the last paid marketing scheme Heathrow was doing.

Heathrow tried the test marketing at other places and appeared to fail miserably.

Restriction on trading will be common sense. Smart investors would not buy Heathrow shares, IMO. Too many lies and the company's CEO appears to be in hiding after the SEC went after the company and individuals that did well over a dozen deals with the CEO of HRNF.PK for shares and now got caught by the SEC.

SSLC may have just bailed on APCX. Would explain why Ottens is trying to hype his latest fluff.....to dump even more shares as fast as he can.

Then they will reverse split or go belly-up

Could be in a little trouble for dumping those dilutive unauthorized shares.

Could Pete be finneling money to his other company he controls (USACIG) so if hop-on is shut down he already has extracted cash from the gullible shareholders once agin?

Will be at no bid soon

Investors that got taken to the cleaners once again are just finding out hop-on has been dumping massive amounts of dilutive shares to try to stay afloat a little longer

lather, rinse, repeat

Heathrow not really doing anything to remove the major restrictions imposed by the DTCC.
Second chill in less than one year may mean 1 full year with current cussip exit and restriction by brokers and the DTCC.

Hence, no update by HRNF.....if they did provide any public communications since the chill, they would need to disclose the real problems.

Hop-On CEO indictedApril 18, 2003|By Todd Wallack, Chronicle Staff Writer


Hop-On.com chief executive Peter Michaels, the Southern California impresario who gained fame for touting a disposable cell phone, has been arrested for allegedly defrauding investors in connection with a defunct online gambling company.

A federal indictment made public Thursday accused Michaels and others of raising $12 million to $18 million on behalf of World Wide Web Casinos (WWWC) with the help of telemarketers, glossy brochures and false representations. It also accused Michaels of pocketing some of the money.

"Fantastic," said Michael Harb, an accountant who invested $70,000 in the gambling venture six years ago and has been able to recover only half his money. He said some other investors lost their homes.



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The Chronicle first raised questions about Michaels and the cell phone venture more than a year ago, citing their connections to the online gambling firm.

Specifically, the indictment said Michaels and others "cosmetically modified" an existing casino software program to make it look as if WWWC had created its own new program.

Michaels and another executive also promised to forgo a salary until the firm generated enough cash to pay them, but instead paid themselves with investors' money, according to the charges.

In addition, Michaels used $17,000 of shareholder funds to pay his credit card bills and spent an additional $131,000 on a yacht, the indictment contends. WWWC also signed a $500,000 contract with another firm, Binky Roo Software, which was secretly controlled by Michaels, according to the documents.

The indictment names Michaels and four other men (Greg Boretz, Robert Rey, James Beck and Charles Woods) connected with WWWC and a related firm that raised money for WWWC, Tri Star Wireless Communications, for conspiring to commit securities and mail fraud. The California Department of Corporations and the U.S. attorney for the Southern District of California handled the case.

WWWC shut down about three years ago after it was raided by state investigators, and WWWC shares were converted into stock in Hop-On, Michaels' latest venture.

Hop-On then gained widespread attention after issuing press releases touting a disposable cell phone for between $30 and $40.

Time magazine dubbed the phone one of the best inventions of 2001. And Michaels promoted the device everywhere, including cable channels such CNBC and BusinessWeek magazine. Its stock rose above $1.50 per share in over-the- counter trading.

But The Chronicle found that two sample Hop-On phones sent to the paper were actually modified Nokias in a new plastic casing.

They don't have an initial order. HOP-ON is afraid to disclose the name of the distributor. They also failed to disclose that their letter of intent is with a company Peter already controls...LOL

You may want to read the press releases about Peter Michaels' indictment, where he failed to disclose similar relationships.

Looks like his felony sentence previously taught him that crime indeed pays.