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Here is one of the many that make the gum
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Doubtfull HRNF is producing any gum.
This looks like they are having a company produce it for them in blister packs. I see this company also taylors the ingredient list to allow it to be slightly different for some customers that pay more per unit.
Looks like a huge money-loser for HRNF, given Pagnano's business lack of success record.
investment group? LOL
are they getting tons of preferred shares, each convertible to tons of common?
PYCT only has 5 billion or so shares left to dilute, so thety will need a reverse split soon or will need to raise the authorized to 50 billion shares or more.
Petie is just thumbing his nose at the SEC, IMO
Daring them to take action, which would allow additional publicity.
The last Pr is misleading, at best.
Apparently there is no company by the name he indicates, unless this is a comapny he sorta created to facilitate the PR.
I doubt there was any licensing at all....just a license create by hop-on to help them issue a fluff press release. The child-like writing in the PR sure doesn't inspire confidence that there are any educated people at hop-on.
Typical hop-on to issue stuff that can't be verified and to use established company or media entities to try to create an air of legitimacy. Looks like investors know all too well that this company is not to be trusted, IMO.
Boycott of the Golf Channel?
May have to promote a boycott of the Golf Channel if they allow a company to air the MDSO infomercial when HRNF doesn't pay prize winners and apparently still has not paid the $1 million prize money to the MDSO winning team.
tim - new reverse split in May
HRNF's market cap is much too high at current prices. When people find out this is the same old dilution nightmare Pagnano is known for, the PPS will again drop to $0.0001
Sure you made money, if you sold. Enjoy the next reverse split, IMO, if you are long. you saw what happened the last time Pagnano tried to get you to believe dilution would end soon and when he claimed a buyback while they were actually heavily diluting. Isn't that what is likely going on right now....if they can get anyone to buy at these high prices?
Some come back to the trough many times, only to lose almost all their investment again and again with this company. I'm pretty sure mikie thanks longs for the blind support.
Do you thinks PAGS is shorting his own company's shares?
or maybe one of his frineds or business associates?
Just wondering.
Today's news: kinda makes you wonder what is wrong with the folks at that company.
Hopefully they can employ someone with a G.E.D. to proof their press releases. That one is like many of HOp-ON PR's.
Poor grammar.
Implies an agreement but actually confirms there is no signed agreement....just a finalized one LOL
No company seems to exist by the name of The European Union Company. Typical for some companies to put out info that cannot be verified by those doing DD. Big red flag for investors when you see stuff like this
Mr - the news of HOP-ON being in default in their state of incorporation is as new as it gets.
I can't help if you can't seem to understand what is right in front of your face. Maybe ask a 7th-grader to help you.
When do the stock promoters (paid by the company) start working again?
I saw the hint of a media blitz (a.k.a. pump/dump? IMO) coming. Can you imagine them dumping a few hundred million shares in the next couple weeks?
The stock price will easily drop to $0.0001 once again.
Pagnano fails to disclose timely info, so many people see that there are 1,000 or so outstanding shares listed on most finacial websites and think this is a sweet deal....all while HRNF apparently is increasing dilution exponentially and force-feeding gullible shareholders with info in hopes they spread the hype BS on message boards to slow down the price decline for a little while longer.
The emails from mikie could also be bogus emails from longs trapped in this stock putting out false information in hopes they can sell with less loss.
Yes, newer info available
This info I provided shows that Hop-On was just listed as in-default in their state of incorporation. Extremely recent.
Please ask the company for their reason for failing to provide timely info to the state.
While you're at it, try to find out why HOP-ON was again not listed as an exhibitor at the CTIA wireless trade show in Vegas, just like what happened at the CES show in January 2009.
HOP-ON implied they would be showing stuff at the show, but apparently failed to be an exhibitor.
I don't think it is against the law to not discose those kind of conflicts of interest. I think he was scambling to do any kind of merger and hoped this little last minute one with his own other company would make up for the apparently failed Stem merger.
HRNF market cap much too high - dilution has increased the market cap. Dilution is getting much worse, per the T/A.
Stock price needs a 90% or more haircut, but can't drop that low easily until they do the next reverse split.
Big news? Mike planning next reverse split?
Email him
Could that be what he is planning?
The company forced to re-state earnings. I saw those filings.
The Upwon thing was very strange. First it was Upwon selling memberships, then we found it was actually a shares for cash deal, with Calvi of Upwon being the financeer (sort of)...cash coming to HRNF from dilutive shares given to Upwon and then sold into the market by Upwon. Apparently Calvi was selling memberships (shares for cash) even after there was no longer a membership business model. They claimed none of those so-called later members requested any of the services or tournies that were a part of the membership. Fishy? I thought so.
Then we find that Upwon's Calvi and HRNF's CEO Pagnano owned Heathrow already (from Florida corporations info) and Pagnano bought his own company (but never disclosed to shareholders that he owned it already).
neptune - so now Mike is sending out unsolicited email to try to pump the stock?
If anyone talks to him, see if he will admit that the company has numerous judgment liens against it (see Florida's sunbiz.org site)and does not pay prize winners what they are owed. You may also want to ask if he did anything recently to try to make it more difficult for debtholders to sieze HRNF's assets.
It is new details - just recorded on the secretary of state website that HPNN is now in default.
That's how HOp-ON Wireless got revoked in Nevada. They didn't file a list of officers since 2005, and the corporation got REVOKED.
Entity Name Entity Number Status Type
HOP-ON, INC. C2878-1993 Default Domestic Corporation
HOP-ON WIRELESS, INC. C10085-2001 Revoked Domestic Corporation
Re: Mikes latest rant email
I see he did not explain while he continues to fail to provide enough disclosure to not have the huge warning you see when you look at the quote on pinkseheets.
None of what Pagnano puts in his emails is verifiable because they don't provide timely financials and much of what he indicates never actually happens (stem merger, etc.).
First he says no dilution soon, then he massively dilutes.
Pagnano would be fired from a company that looks at real performance. Each of his multiple business plans has failed miserably.
He will do something? Unless that something is another reverse split just like in 2009, 2008, and 2007. The stock price immediately afterward tanked and massive dilution ensued.
email from mikie?
Might read something like this?
You guys actually believe what is put out in my little emails I suggest you spread on the message boards and to your most gullible buddies?
What a country!
People will believe anything, see they were mostly lies, then believe anything all over a gain.
Sure glad I can rely on the safe harbor statement that says results may differ materially from the BS put out to help dump dilutive shares on the unsuspecting.
Lienholders coud sieze all HRNF's assets
See all the judgment liens at florida's sunbiz.org site.
Watch for the raise in A/S to several billion shares.
$375,000 will cost approximately:
1 billion more common shares at a PPS just under $0.0004
Apparently HRNF has little cash, at last report. Less than $2,000 in cash from their last financials.
The company has huge liens against it, too, so asset siezure may also happen to HRNF (if iyt has any worth siezing).
Then they will raise the A/S count to several billion and/or do a reverse split right away when the share price sees the NO BID, $0.0001 ask it is headed for now.
shaker - HRNF now confirms dilution nightmare for their shareholders
Pags does it to them once again.
Yep, pretty much says dilution is the business plan. Also basically admits they don't have money for marketing and distributing of the heathrow stuff. They buyback stock promotion scheme should really be looked at to see if they really are dumping shares while claiming they are actually buying shares.
Maybe they haven't sold a bottle, yet. This even as they are bragging about so-called sale growth of the company HRNF only is planning to someday try to be a tiny (one of well over 100) distributor for.
honest and transparent? - NOT
Try reading past press releases and then compare them with what was actually accomplished. You won't be thinking honestry or transparencey then.
Maybe that's why pinksheets has the huge warning to investors about HRNF, which can be seen by clicking on the big red stop sign (NO INFORMATION) when viewing a quote for HRNF on that site.
Pagnano will always think of more excuses to explain why they are diluting as fast as they can.
Couldn't they simply pay the fees with cash on-hand? Or do they really have little or no cash.
How many times have they used the buyback ploy to help them dump even more dilutive shares?
So CEO admits dilution is continuing
Buyback is laughable, at best.
PYCT may need a reverse split in a month or so.
and they still have not diclosed their finacing details to their shareholders. Do you think they will ever disclose any of the details? LOL
Thus, the reason Paychest is keeping mum on any CEO info with their current scheme.
There are numerous scams based in China, too. Beware when dealing with any company based in China and providing little or no real disclosure to investors.
Pillay (or his alias) is probably still involved.
Looking more and more like Mario Pino every day, IMO.
HRNF just keeps re-hashing old press releases? And diluting shareholders into the ground.
Remember this one? Another buyback in 2008 -
1. we know that the company dumped 10 billion or so shares after that, and before the 2009 reverse split.
2. Stem merger failed miserably.
3. No SEC filings, not fully reporting company as promised.
4. Second half of 2008 was abysmal, especially for shareholders who saw almostt all shareholder value destroyed by dilution and broken promises....AGAIN.
WGL Entertainment Holdings, Inc. Update
Tuesday July 15, 10:07 am ET
LAKE MARY, FL--(MARKET WIRE)--Jul 15, 2008 -- WGL Entertainment Holdings, Inc. (Other OTC:WEHI.PK - News) announced today that it has begun the common stock repurchase program as of July 7, 2008. As of today, 200 million shares have been repurchased. We plan on buying back up to 1.5 billion shares of the 2 billion shares outstanding. In addition, the acquisition of Stemtronics, a stem cell research company who owns several major patents in the stem cell treatment market, is on track to close within the next 30 days. The "WGL Million Dollar Shootout" (MDSO) continues to air on the CSS network and plans for a national airing are still on course. The MDSO will also begin airing in September in five European countries including the United Kingdom, Germany, France, Italy and Spain.
"We are making progress on several fronts, especially with the Stemtronics acquisition which will increase shareholder value significantly. We also plan on retiring our two convertible debentures and once again become fully reporting and up to date on all required SEC filings within the next 90 days. The second half of 2008 will be an exciting period for WGL Entertainment Holdings, Inc. and its shareholders," said Mike Pagnano, CEO, WGL Entertainment Holdings, Inc. "Thanks to all of our shareholders for their patience and continued support."
Hop-On now listed as "in Default"
See the DEFAULT status for Hop-On at the Nevada Secretary of State site:
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=WaVODr5A7r26h%252bUsZmdXQg%253d%253d
I see HRNF is still failing to disclose
how much was given to Calvi and Pags for WEHI to purchase their own Heathrow company.
I wonder why they would hide this from their shareholders?
HRNF may need to raise share authorization
or even do another reverse split by May?
Looks like dilution is still going up exponentially and the latest Pr may be designed to get a few more bagholders to buy some of the dilutive shares being dumped.
Remeber...just months now 'till the preferred shares have restrictions dropped and they can be converted to common at a steep discount. That will also put downward pressure on the share price.
HRNF may dilute to 750 million shares within a week or so. Looks like the buyback fluff PR may have just been to help dump tons more dilutive shares on the unsuspecting, IMO.
Buyback is likely not going to happen
Pagnano has been trying to use that hype numerous times, but then dilution has taken over instead.
Doubtfull HRNF ewven has any money to buy back shares. At last report, the company had less than $2,000 in cash left.
I see they are not issuing financials, either.
Is the third part another convertible debenture? HRNF may buy high, dump discounted shares at much lower prices. Maybe they will make up for losses with volume...LOL
Looks like dilution is again ramping up
Why would the TA be gagged from revealing info?
HRNF will still have substantial debt. They have numerous judgment liens against them, too.