Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
steal, if PM did the right thing there wouldn't be any bashers. Unfortunately PM cannot help himself and he will never do the right thing by others. So, here's my advise: get use to it.
steal, you're dead wrong. The actions of a CEO of a public company can affect all shareholders when faced with court proceedings, lawsuits, allegations, IRS scrutiny, etc.
It's in every shareholders best interest to know this, especially if the CEO is also the president, director and secretary like good ole PM. If he goes to jail (and I think he will) the company will close it's doors forever. Everyone loses. Again, this is all public record and a good CEO would inform all shareholders of all his liabilities. Since PM is a liar and a crook he will never do this. CEO PM NEVER discloses anything, so others must do it for him to protect the investors. End of Story.
ok Pogie, keep listening to Peter and keep your head in the sand. I'm just trying to warn you this thing is cooked IMO. Facts are facts and most post here are completely verifiable if you do a little DD. Good luck, you'll need it.
PS has PM called you for any new loans lately? You know, for auditors, attorney's, market makers, transfer agents, rent until the revenue rolls in, etc? Of course you know he hasn't taken a pay check in years, right? LMAO!!! HAHAHHAHAHA
PSS have you been paid back on your old loans? You know, the ones that are reeallll old?
Update - Peter always wanted to get into gambling. He's a felon and cannot. The SEC needs to be called on the carpet for letting him put out the 100's of misleading PR's over the years. He continues to gamble, betting he won't go to jail for the wrongs he's committed. I will gamble and I bet he soon craps out. He is a real retard.
Geez, what does tomorrow hold? Guess we should "wait and see what happens"! LMAO! Unreal, the sky is falling and we're just waiting for good news. Sad.
Well, the end looks near. The dump is on as I suspected. Bye Bye PM! I bet you never figured your new home would be downsized to 96sf.
This is an very important week for PM and the future of Hop-on. It's a posted fact that PM is facing a couple of ugly court cases this week. I heard new accusations of fraud against him will also be exposed. The problems just never seem to end. There is a lot of truth to the saying: "where there is smoke there is fire". IMO the new accusations will be very bad, and the timing could not be worse. I bet we see a ton of dumping starting tomorrow via mid week.
Normally I would feel sorry for a guy like Peter (but I don't). It's a shame that most of his kids probably hate him as they are old enough to realize what he is all about. How can he be a good dad when he won't even pay his court ordered child support? I've heard the only reason he wanted child custody away from his last ex was that he figured he'd get out of paying for support. Again, what type of father doesn't even support his own kids?
Answer - the same kind that lies, cheats, steals and scams everyone he comes in contact with. The same kind who needs to be locked up so society is protected from the known felon that he is, who will never change his ways. That's what kind!
steal, stop lying yourself. Peter has no friends and no one speaks highly of him. If my post prevent one person from doing a deal direct with Peter it's a worthwhile effort. People need to know they are dealing with a snake. Family man? HAHAHAHAHA
PS what's the next angle? He's a Christian? HAHAHAHA
moto, I actually agree with everything you said, except when you got to the part where you said "You have no concious at all. No morals".
You are dead wrong in that statement. The people here hate PM because of what he did and continues to do. You really can't blame them after he scammed them and stole their hard earned money. It's not because they bought Hop-on stock and lost. Big F-in deal if that's the case. You win some and also lose with most penny stocks.
PM is a total scam artist. He entered into personal agreements with these people and totally screwed them over. He lied, cheated and stole. The one who has no conscience or morals at all is Peter Michaels! It's not the bashers. A few bashers will put him away. They waited for years and hoped to recover. It now appears they won't so BYE BYE PM. They have hard evidence of the fraud he committed and the authorities (if not already) will be in receipt of it very soon. PM won't hop out of this one. Mark my words.
steal, where you at? you still choking? We await your assessment of PM now. Facts are facts. Please advise.
Is this one of Peter's hero's? http://apnews.excite.com/article/20090619/D98TV4N02.html I believe Peter is worse because he takes in money but never returns it to anyone.
steal, he looks like a real stand-up guy. LMAO! Where do you get you information from? Do you still believe he's a good family man?
PS I can't wait for your response.
steal, who might this very good friend be? How does he know Peter?
PS First class guys don't scam and con EVERY person they come across. They pay their employees, pay their bills, repay their loans and honor their commitments. Family men don't beat their kids that result in charges lodged against them. Face it steal, Peter is a deadbeat crook and Hop-on is dead.
steal, he's one of the best when it comes to lying and giving warm fuzzies. He'll lie straight to your face and never blink. He is very convincing. I swear that story of the snake I told fits him to a "T". His MO is to talk to people to calm them down, hoping they will stay in check in not going to the authorities. That only works so long though. He really screwed himself this time. He played chicken and will lose everything very soon IMO.
Based on what steal? Have you been talking to Peter again?
I guess the moderator didn't like how I proved that a share of Hop-on stock is worth less than a sheet of toilet paper. It's a fact and the the math that I did proved it. Looks like the post quickly disappeared. LMAO! Too much for some to handle!
LMAO...too funny. I think PM invented a few of these. He's just waiting for the right time to release them: http://students.ou.edu/R/Basil.G.Rayan-1/
garyev, what are you thinking? Google isn't the answer. Thousands of lawsuits are filed and won EVERY day. Do you think you can just "google" and find them? Do you think everyone cares, and do you think they all hit the news papers? Most do not unless it's a major corporation with multi millions or billions involved. Now I know why you struggle with doing DD. You have no clue where to start. You have to know where to look! Google doesn't bring these things to the surface.
Not really..."it's the calm before the storm". EOM.
Another Dump Day. Is Peter dumping again before he increases the authorized? Expenses are coming due and it's getting close to the end of the month? How many years will it take before this company makes any money?
It's amazing, Hop-on has been in business for 10 years and hasn't made any money to show they are in the black. They are millions in the red! Yet Peter is still running this scam. You know he has to be making (I mean stealing) money or he wouldn't still be here after 10 years.
Can someone give me an example of another business owner who has been in business for 10 years, losing money every year, and is still in business? Please, someone provide me one example.
PS what's wrong with this picture?
I just saw this on the RB Board. It's about PM's BS to do gaming on cellphones. It's posted by DOF who worked for Peter in the past. I really had to laugh when he said "Peter couldn't even get a license in the corrupt joke of the Solomon Islands". It's funny as hell, because right now he doesn't even have a drivers license according to the poster "snaketamer". It's revoked for failure to pay child support.
PS He's going after a gaming license and can't even get a drivers license. HAHHAHAHAHA. Too funny!
###############################################################
By: DoF
16 Jun 2009, 05:24 AM EDT
Rating: post rating 0 Rate this post: Msg. 74724 of 74727
(Reply to 74723 by hoponbettor)
Jump to msg. #
I'll predict that Hop-on never (Big N, big ever) market, license, sell or otherwise trade in legal gaming software.
The degree of probity to market gaming devices and software is infinately more onerous than just a casino license.
Peter couldn't even get a license in the corrupt joke of the Solomon Islands. The document touted around the traps even stated that it wasn't a gaming license.
NetPirates allowed the punter to beat the house every time, and they did. Even Rosie had a win. There was such a gaping hole in the premise of the software, not to mention a 27Mb download, NWPD couldn't afford to pay the winners, they got T Shirts instead.
Peter admitted to me at the time that the reason he couldn't get the Norfolk Isand license on offer was the little matter of declaring his income for the previous 5 years.
Now with the conviction for money laundering and who knows what else, regulators wouldn't let him park the cars at a gaming software developer, let alone be the CEO.
Then there's the matter of the Wire Act and local legislation. For example Australian law regards you computer as the point where the offence takes place, so squirrelling the server away in a legislative convenience doesn't count.
steal, so now you're an investigator? LMAO! I don't know her all that well but I'm sure she'll welcome your call.
Steal, just for the record, I'm not Rosie. I'm not sure why you jumped to this conclusion. Peter has dozens of enemies (if not more). Do some DD and you will find this out and realize the error of your ways.
The information will never be verifiable because nothing is ever true. The only thing that is verified is that Peter was charged with fruad twice and that he is a Felon.
He hides behind the excuse that his enemy's will derail the deal so he doesn't give details (which don't exist anyway).
Look at the last pathetic PR. Years later he just happens to go to a "big box" store and see a surveillance camera that looks similar to his (from a patent he filed 5 years earlier). AND the patent number is not listed.
Come on? Does anyone not laugh? I guess he needed a few bucks that day and sold enough for lunch.
steal, where is the repeat? How many times are you going to say "TO DA MOON!" How many times are we going to hear "A little bit longer". Talk about old talk...geez!
PS I told you I'd make you a deal. If PM just does ONE thing and validates it with the audited financials he's promised for years I'll go away. Deal?
steal, was that +10 cents or -10 cents? It's headed in the wrong direction. A big dump already started today!
PS I know, it's the MM's shorting it again! HAHHAHAHAHA
steal, what are you looking at? You sure you are on the correct board? I LMAO when I hear these generic thoughts with absolutely no backing what-so-ever! 10cents? HAHAHHAHAHA
PS I guarantee you if you called PM and told him you had cash and were looking to do a private placement deal he would immediately ask you to send the "cashiers check" for X shares. You will wind up chasing him for months and months for the share certificate (which will probably never come) and if you do get it 6 months or more later, the PPS will be a whole lot less than when you entered in the deal. It will be under water. But don't worry, as a nice gesture (LOL) PM will throw a few extra shares in to make up for the hassle of chasing him for 6 months or more. The problem is you will still be WAY UNDER WATER and you could have bought the same amount of shares for 1/2 price on the open market. This story has repeated so many times it's not even funny. Go ahead, jump in the sinking boat. Personally this is one boat you will want to miss. You're going to drown if you're in it.
MrCashControl, I have not posted anything at all that would be considered "inside information". I talk to a lot of people if that's what you're worried about. That's my right to do so. I find out personal information via some of these conversations, none of it that could be considered "inside" in any sense. Don't confuse personal information with "inside" information. Finding out the IRS was at the Hop-on offices is NOT "inside" information. Do you understand the difference? I compare notes with people and found (and continue to find) out that PM scams many people the same way. His financing deals are all similar in nature. He promises the world, takes your money and never delivers, never pays back and spends investor money on personal lawyers, personal expenses, etc.
I love to hear the "inside information" comment. PM tells so many people so much BS (that of which NEVER happens) it's hardly "inside" of anything. The crap he tells you is all inside his head and a fantasy at best. If anyone has anything to worry about as far as passing "inside information" it's PM himself. I know probably 10 people that would testify that PM told them things which he NEVER PR'd to the general public. He also never executed on any of it.
SO, BRING ON THE INVESTIGATION!!! I welcome it!!! CEO PM will be the 1st to be hauled away for passing so called "inside information". It starts with him. Please remind him of this little forgotten fact. Hopefully I provided you some education which should clear up your confusion.
Good luck with that Peter. Florida? HAHAHAHA
PS Carl is talking to the SEC to track you down! Let's wager the $500 to see who is more successful in getting a conviction (Carl didn't do anything wrong). Your IP was captured. Lie out of this one, LOL!
As CEO you are in big trouble for your post. I captured every one of them, even the deleted ones! You have no clue what you have done, do you? GK won't be able to save you this time.
hottrader, please answer the following:
1> Which carrier and where are the revenues? If this is true why is the stock sub sub penny?
2> Please list all the patents (none are really his or worth anything). PM runs a patent scam which I previously outlined.
3> Please post a specific link, nothing can be found.
4> Where did you by the Hop-on phone? Ebay? You cannot buy from the Hop-on website? Where are Hop-on phones sold in the US?
5> What articles are you talking about?
6> Please elaborate, $500 to help for what?
7> Al Capone stole money, same as PM. Al Capone went to jail, PM will also. Do you really have a point here?
steal, there are no "loyal shareholders" left. They all left because of the 10 years of lies and deceit. How many dozens (if not more) times have we heard "This company has great things soon. Be a little more patient and hop-on will pay off big".
How many more years of this sickening crap will bagholders be told this? It's ALWAYS generic, NEVER specific and NEVER verifiable. AND it's total BS and you know it.
I laughed when I read PM posting that he could have BK'd the company years ago. The only reason he won't and didn't is he would cut off his own nose. This scam has been his cash cow and only he profits by stealing from others. Unfortunately no one believes a word he says anymore. The little boy cried wolf one too many times.
AND I can only say I believe this is the beginning of the end. It is shocking that this scam has went on for so long. Traders don't care how bad a company is if they can flip the stock quickly and make a few bucks. They could care less if the CEO goes to jail, as long as they make money while the authorities are leading him to his cell. In the past PM would release a non-verifiable PR and they would have a few days to flip, flip, flip, flop!
PM is out of material and is now recycling PR's. The flip only last minutes and maybe a few hours now. It's too risky for the day traders to flip so they leave this POS alone now. The hay days are gone folks! Admit it! PM's gig is up! There are way too many skeletons in his closet and someone recently decided to expose the huge pile because PM pushed his luck one time too many.
I challenge PM to update us on the company status. What will he tells us now? Gambling is great, phones are being sold in Timbucktoo, the patent suits are bringing in huge money, text to win is rolling in huge revenues again, every major league sports team is still selling Hop-on phones with their logos, the flying saucers are coming back out along with new DVD players, the Google deal is hot!, the Iphone apps are a killer, tech shows around the world have folks 10 deep at the tables waiting to see HPNN's latest phones, the Indian tribes are ringing the phones off the hook to do gambling, the Chinese merger is making us millions, 10 more distributors signed up to sell phones, Motorola and Verizon want us now!, etc, etc, etc...Which update will he give us? Maybe he found the papers for the audit that his dog ate? AND, of course he won't provide validation because his enemies will derail the deal!
Yes, all this wonderful news and the stock is sub sub penny! What planet are you on people????? HELLO???? HOW DO YOU SPELL SCAM SCAM SCAM????
Cash, why don't you save yourself the trouble and call Hop-on. Ask yourself and report back.
In giving further though to all this I think some people may have stopped giving PM money, not wanting to throw good money after bad. As a result, PM's cash wells are drying up and he doesn't have the cash like he use to in order to play his old games. It seems like his days are numbered!
His only hope is to play it straight, do honest deals by following through with them, pay people back to make amends, etc.
Unfortunately I do not think he can pull it off. The character of a snake doesn't change, besides it appears the authorities are already on to him. Even if he does do some future good he will still go to Federal prison for his wrongs.
WOW! PM initiates all these lawsuits and loses? I hope he soon realizes this is a bad business model! I think he initiates these lawsuits and hopes that people will settle, just like he does with the patent scams that he runs. Unfortunately for PM people are on to his game, telling him to pound sand, counter suing and winning! This isn't good for PM! His business model is falling apart! Does he even pay his attorney's?
steal, why are all these employees getting fired, leaving, or are disgruntled as you theorize? I wonder who the common denominator is here? HMMMMM?
Do you think they all left because PM owes them money like he owes everyone else? I've heard PM doesn't always pay his employees so I suspect that has something to do with it. Perhaps they want no part of this scam and jump ship before they are also indicted for this fraud?
Ok, thanks Peter for confirming that the IRS was at the Hop-on offices recently. Since you confirmed "the IRS visit" I'll confirm that I am not PM's X.
PS. if this company had any truth to it the PPS would not have went from 6.5 cents to .0006, and settling around .001. It only went to 6.5 cents because a bunnh of day traders jumped on it after it was promoted to do so. Everyone knows it was a huge pump and dump. You made money and dumped while misleading others, like you always do. It crashed right after and hasn't recovered since because the company is built on lies and misleading PR's.
garyev, I have posted nothing but the truth. I have far from crushed PM. When he goes to Federal prison he'll then be crushed. It's rude and crude to steal other peoples hard earned money, and that is what you seem to support. Shame on you too. I told you before, if you gamble with the lotto the odds are clearly posted. This has never been the case with Hop-on. The "hidden" odds have ALWAYS been stacked against the investor here.
PS I'm tired on hearing "just wait, you'll see" as you said. The only one making money while everyone is "waiting to see" is PM. AND it's stolen money. This must stop. Personally, I waited, saw nothing and see nothing in the future here. The recycled PR's prove this.
garyev, the IRS does not advertise or post an article in the newspaper every time they visit a business. As a matter of fact it's quite the opposite. They do not ever comment on any open investigation, ever! You seem very inexperienced on business dealings and how the real world operates.
I previously challenged the board to post one PR that ever came true, showing revenues to this company. Guess what....NO ONE POSTED ANYTHING because nothing was ever true, it was all lies.
Shareholders have been told a 1/2 dozen times that audited financials were coming, over the course of years. We never will see those financials because PM cannot account for the millions of dollars he took from people in the form of loans. He does this and claims the money is his (lending it to the company), actually using it for personal expense. He then gives away company shares in exchange of repayment, many times months and years later. He personally has never put a nickle of his own money into the company because he never had any of his own money. The story goes on and on.....stay tuned.