Shouldn't the psychic friends be the ones to call you?
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Oh wow! How huge is that....NOT.
How many people really follow linked in that much? Not many...anyone can have a link to someone on there.
It's completely meaningless. The market doesn't use that as a tool to gauge the companies actual progress. The market uses sentiment of the stock and right now there's very little of that....
Unless Peter can actually produce something "tangible", this stock will remain where it is in this range.
Sure, people will fall for whatever "life changing" BS he is about to spew and you'll maybe get a quick spike...most likely will crash right back down again though
Have fun!
Then why did Peter remove all instances of the Re-Medical and any Marijuana related products from the website?
What you are not realizing is that back then the share structure was a lot smaller so it could move....
There are billions more shares since then and any spike back then was usually from a reverse split....
Same old story and dance with HPNN. Nothing has changed here in any way other than the calendar....
No products and never will be...
You should remove the medical patches since they have all but disappeared from any website and any reference to them has been removed from the Hop-ON website.....
Also you will want to remove the E-Cigs as well since he never has sold any
This case is amazing as they show how Michaels immediately withdrew money from the payments received and they were able to track down that the money was spent on personal items like vacations and such...
truly a despicable character
All sites have what is called a web crawler that simply looks for key words and grabs it and posts it on their site as a link to the PR.
There's too many PR's and news for sites to constantly "look" for PR's manually so they have an automated process that does it for them.
Simple as that
Yes, and that's exactly what the Spongetech executives used toward the shareholders....diversion with the claim of 2B NSS
Wow...now that is development!
Only reason would be that Pete is feeling the heat from regulators in terms of trying to play the MMJ sector when he shouldn't be.
Hopefully that is just the beginning of the end for this company.
So, if there's no selling, why is PPS dropping?
Hmmmmmmm
That's not what I am saying at all and you know that.
All brokerages trade penny stocks through a bidding system that is outside of the exchanges that the NASDAQ and NYSE are on, that are legitimate "exchanges" which have completely different rules than the OTC.
HPNN is on the OTC. The OTC is not an exchange.
Enjoy
Exchanges? No, HPNN doesn't "trade" on an exchange. It's on the OTC which is far from an "exchange"
The OTC is a market place, simple as that.
My point is that there IS a chill, whether it's a minor or major chill. A chill a chill.
Please read this:
http://dtcc.com/~/media/Files/pdf/2010/10/4/a7072.ashx
Yes there is:
http://dtcc.com/~/media/Files/pdf/2010/10/4/a7072.ashx
Please be advised that eff
ective close of business
October 1
, 2010
, NSCC
has exited positions
from the
Continuous Net Settlement System (CNS)
in the following
CUSIP
and future trades will be designated
trade for trade.
CUSIP
SECURITY NAME
786498204
Safeguard Holdings
86768Q103
Sunrise Consulting
439338203
Hop
-
On Inc
2550
90102
Diverse Media Group
05546H102
BIH Corporation
What this means is that all shares must be cleared before being able to be traded again or newly issued shares must clear before being able to be traded.
Who does this effect? Any brokerage that doesn't have self clearing and it also means that volume won't be able to be sustained like people want since shares can't be traded more than once during a three day clearing cycle.
Regardless, the DTCC put an action in place due to the fact that they found some suspicious activity in which the way shares were being issued.
Only Pete can clear this up and so far he hasn't done anything about in the last four years other than stating he will work on it.
The only way to clear it is to work with one of THREE attorneys that the DTCC will allow you to work with.
In other words, the "chill" will never be lifted no matter what Peter states
Again, a company does not simply just pay the fines to get the DTCC Global Lock lifted.
They have to prove to the DTCC that the shares are accountable in every way and then at that point if the DTCC agrees, they will lift the lock.
The only way to do that, as I've stated countless times, is to have one of the three available attorney's that the DTCC will work with go over all the share issuance records and make sure they are properly notated and counted for.
Otherwise, they are stuck with the lock.
Good luck with that....
That is correct...HPNN doesn't sell anything so in turn there will be no sales of any products...
Meanwhile...
there's a DTCC Global Lock on the security for this stock...
HFBG was mentioned in at least three SEC complaints against toxic lenders where HFBG was one of the biggest clients of the lenders....
All the principle "players" in this stock have disappeared...
No licensing for their "products" since Calvin took that away....
No means of actually getting in touch with the original crew that ran this company...
only one or two brokerages that allow you to purchase this stock(if that).....
So, how is this a good thing now? :-P
Contrary to the ihub popular belief, MM's don't short stocks. If you show a short on your account it's due to the fact that there is a DTC restriction on this security that prevents shares from being cleared right away.
Your broker isn't shorting the stock either.....
Really? There's no way to prove that there is an office for HPNN there, now is there?
How is Michaels suddenly providing support when they haven't ever been in the support industry despite never actually having a product themselves to support
Typical fluff PR to prop the share price.
PR's aren't the final word. Believing PR's from a stinky pinky is dangerous. It will cause you to lose your money...oh, wait..it's already gone.
Is there proof of such a "divy"? Is this what Michaels is spouting now to crush the shorts?
Can you provide proof that a "divy" is coming? If Michaels is telling shareholders privately that there is going to be a "divy" that would be bad.
Provide an email from Michaels that shows he talking about a "divy" please.
ALL.... Please Read
Asking why posts are deleted is off topic.
Talking about other posters is off topic
Calling posters Bashers, negative posters or any other names is off topic
Talking about why people are here is off topic
The easy way not to get posts deleted is to talk about the stock action, the CEO, the products(if any) or anything RELATED to the company.
Other posters are not the discussion of this board. Period.
Thanks for understanding
It shows the nature of the CEO and the ways in which he constantly lies to get away from having to face the truth.
It just goes to show that what he does in real life he does with his company as well.
It's quite obvious with the nature of the way this stock performs every time it's pumped up with PR's.
You know the game.
HPNN should make those pictures you have to stare at to see their products appear out of nowhere.
Maybe that will get them some traction...lol
Covering causes the price to go up...not down
LOL---a whole 18,025 shares short....
LOL, hard to call them assets when they don't exist.....
There are no assets and revenues here
PR's aren't "proof"....
Words from the CEO's mouth is not "proof"......
Shared information is the PR's and speculated theories about what is to come and it is not "proof"...........
Proof is being able to verify that products are out there and available like the CEO claims.
That is the way of the OTC. Put out some news to make it look like it's a legit company, let the stock rise and then keep putting news out to help keep the price up while whatever MM is designated to sell shares into the market.
That's why there's always that one MM that sticks around. That's the one selling the shares for the company.
Welcome the to land of false and misleading PR's.
Plus the agreement between HPNN and Microsoft is deemed "confidential" per Michaels.
Since nobody knows what the agreement really consists of, it could be a 1 month agreement for all we know and the deal is already done and gone....
Just like every other "deal" Michaels has inked with himself :-P
Confirmed how? Who is selling them? Where can you buy them?
Guarantee you will never find the store that is "carrying" them....just like every other "product" Michaels is pretending to sell
Guess you missed when he was busted trying to sell Nokia phones disguised as his then huh?
So far not a single phone has been found that you can actually buy from Peter anywhere....
Will continue to be that way for as long as this stock is sold...
Remember the "I Love You Dad" E-Cig.....
That was hilarious!
All PR's and no actual physical products that you can but ANYWHERE...
Anyone can put our PR's claiming this and that, but in the long run it's the actual selling of products that makes it legit.
So far no products can be found and I highly doubt you will ever find products from this company other than a sample or two.
Welcome to the land of false and misleading PR's.
They did testing...and where are the results of the tests and who did the tests?
It's now 2 months since that PR and yet no products to be found. Only hope is a twitter stating they want to carry the products from some no name company out of CO...oh joy! weeeeeeeeeee!
Welcome to the land of false and misleading PR's.....
In case anyone wants to know:
This is to confirm receipt of your March 29, 2014, email to U.S. Securities and Exchange Commission Chair Mary Jo White regarding your concerns about USAcig Inc., its parent company Hop-On Inc., and CEO, Peter Michaels. Your email was forwarded to the SEC's Office of Investor Education and Advocacy (OIEA) for response.
OIEA processes many comments from individual investors and others. We keep records of the correspondence we receive in a searchable database that SEC staff may make use of in inspections, examinations, and investigations. In addition, some of the correspondence we receive is referred to other SEC offices and divisions for their review. If they have any questions or wish to respond directly to your comments, they will contact you.
If you have any questions you may contact Ms. Rebecca Ament Marquigny, an attorney on my staff, at (202) 551-6324. When doing so, please reference the file number that appears at the top of this email.
Thank you for communicating your views.
Sincerely,
Robert Greene
Branch Chief
Hey samsam!
Welcome to the HPNN drama! lol
Yeah, typical stinky pinky CEO tactic of focusing on everything but the business. Get the shareholders who are stuck to start focusing on other aspects rather than the lack of products and deals....
I've talked with one of the attorney's at the SEC and will be talking with them again with this latest stunt being pulled by the CEO.
<sigh>
Have to wonder if the SEC has reached out to Peter and if he's willing to respond. Either way he won't be able to save this stock as there's no way for him to prove he's actually running a proper business....
Cheers!
That's the only "product" here...so, yes
Yet the share price remains stagnant...even after "returning shares"....
If the price of a stock either remains stagnant or continues to slowly decline after supposedly retiring shares, you have to wonder what really happened as that would have caused the share price to rocket...yet it didn't.
Time to rethink this stock
LaLife
Let's look at those "daily" numbers in the correct way.
The daily numbers represent trades not settled for THAT day. So, say I sell some of my shares and you happen to buy them.
Since my shares that I sold haven't cleared yet, and you bought them, there is a part of the leg of the trade that hasn't been settled yet, so thus the trades are reported as "short"
At the end of the day those trades are usually settled but can't be reported twice on the daily reports as that would create more volume.
The "short" label is very misleading to some who don't understand how the clearing process works so it's very understandable why many confuse those numbers with actual short positions.
So, when the "Bi-Monthly" reports come out, all those settled trades are cleared out and it shows no actual short positions.
Remember that FINRA is the only OFFICIAL site for those numbers. Any other site(Like the OTC Short report) are only using those numbers to their advantage to make people think that there is massive shorting going on.
another factor here is that HPNN has been removed from the NSCC and thus will create more issues since all shares need to be cleared first before being able to be traded again.
So, if you need to understand this more, my recommendation is to contact FINRA and speak to a MARKET REGULATOR who can explain to you what those daily numbers actually represent rather than trying to speculate on what you think they actually mean.
Good luck