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HPNN ASSETS 2023 - only $32 total
Current Assets
Checking/Saving $32
Accounts Receivable 0
Total Current Assets $32
Nope - HPNN is NOT CURRENT
It is on Administrative Hold, imposed by Nevada regulators.
Also, HPNN was supposed to provide its annual filing there with list of officers back in March, but failed to do so.
Expecting a HPNN bankruptcy filing. It can't pay ANY of its obligations, which was admitted by the HPNN CEO.
New price target $0.00005. Dilutive shares at steep discounts hitting the float. Unfortunately, not much buying interest, now that investors found out they went in debt with a real estate contract but disclosed that their only ASSET is the debt (contract) on that so-called real estate.
AAPJ - dilution nightmare...and more to come
They already need to raise their authorized shares to 10 billion shares - maybe that is the press release being mentioned.
Unless they are planning a 1:2,000 reverse split. They currently don't have enough authorized shares to allow conversion of the toxic deathspiral convertibles at steep discounts. It will get worse as the share price hits $0.0001.
The number of shares outstanding of our Common Stock was: 359,378,081[color=red][/color] as of June 30, 2023
Total shares authorized: 300,000,000
Total shares outstanding: 359,378,081 as of date: June 30, 2023
Now
Outstanding Shares
1,779,878,081 10/06/2023
Saw something about Karma on your twit page, and hoping no one would wish you ill health after what you said about others.
No one is making anything up. HPNN is a scam with only $32 cash in its assets column.
Likely will file for bankruptcy protection. The "discovery" process in this new lawsuit will reveal a lot that even the feds might be interested in, especially if it involves cash wire transfers across state lines, IMO.
CEP Petey has been in court numerous times for court-ordered debtor exams, trying to explain why he, HPNN, and digitalage have no assets or cash to pay court-ordered judgments/debts. If discovery finds he has been transferring money by wire transfer to/from entities he secretly or otherwise controls, he could be in huge trouble for lying (perjury).
Remember, as a condition of his sentencing for beating that woman so badly, he has to remain law-abiding. Violation of probation could result in the cowardly CEO's incarceration and worse if he is charged with perjury, IMO.
HPNN still not current (for 7+ months now)
Entity Name:HOP-ON, INC.Entity Number:C2878-1993
Entity Type:Domestic Corporation (78)
Entity Status:Administrative Hold
Annual Report Due Date:3/31/2023
Frank says he despises wife-beaters like CEO Petey, the confirmed serial fraudster
Calls them cowards that are lower than the lowest life forms
Maybe Petey refuses to pay Frank, too, like he refuses to pay all that have loaned money to line his pockets and fuel his lifestyle?
Michaels blocking even his own shareholders now from his stock promotion page. Interesting, a public company not allowing its own shareholders to see the news being put out. Petey, you know that is against the law, since you said that X would be where you disseminate news and do stock (shares) promotion? So now his "material non-public information" can be sent out to a select few he approves of?
That may be why Frank Nitty told him/HPNN to go pound sand....or maybe he was just trying to get cash to stay afloat a little longer.
Nothing wrong with Michaels being in the closet. He should have PRIDE. His kid probably is leaning that way, too.
They changed the password on HPNN's digitalage twitter page to lock Peter Michaels out.
Not sure if was an employee he refused to pay or what.
Only two posts since April.
Michaels is in panic-tweet mode. Looks like some of those he lied to want him to put out fluff so they can dump into any tiny volume generated. Even his most active followers are trashing him on X.
.Michaels and those stocks certs (discounted, for cash) that no broker will accept. Jaime got some of those, and still can't deposit them with brokerage or anywhere.
Michaels also beat his kid, per court docs. Someone so cowardly that they beat women and children is worse than pond scum.
And investors, knowing all this, rely on the liar Michaels to tell them more lies.
HPNN going down like your investment in the other Peter Michaels scam Sector 5.
Sure hope those are not the only two you have ever invested in.
You know the the CEO is a serial fraudster, 3-time felon who beats women (fact). Court documents and police reports don't lie. Peter's admission, in front of the judge in court, to what he did is forever public record.
Most investors that bought previously no longer believe ANYTHING the serial liar spews, once some investors saw what can be seized for the lienholders (California UCC lien program puts legal weight behind these lien asset-seizure capabilities).
Petey has been running from his obligations behind a P.O. box at a strip mall, but they have caught up to him and now have served him.
All they need to do is contact his probation officer to let him/her know they have papers to serve.
It is called share dumping, as investors unload their positions as fast as they can.
Tell Petey to watch how many regulators may be saving every stock promotion post on his stock promotion pages.
Looks like $0.0001 sooner than most thought.
Hopefully there will be a stock promotion X post by the ailing company to help investors and toxic financiers dump their shares for less loss.
Hal says he has to wait for the social security check to arrive before buying more.
I thought he was trying to dump shares, but maybe he couldn't find buyers at these high prices for HPNN.
Or a visit from the CEO's probation officer.
Sure hope he is raising enough money from shares to pay the $6K/month child/spousal support. Conditions of his 3-year probation for severely beating his wife include remaining "law-abiding". That includes paying California tax authority and making current and past child support payments.
HPNN still not current (for 7+ months now)
Entity Name:HOP-ON, INC.Entity Number:C2878-1993
Entity Type:Domestic Corporation (78)
Entity Status:Administrative Hold
Annual Report Due Date:3/31/2023
AAPJ - dilution nightmare...and more to come
They already need to raise their authorized shares to 10 billion shares - maybe that is the press release being mentioned.
Unless they are planning a 1:2,000 reverse split. They currently don't have enough authorized shares to allow conversion of the toxic deathspiral convertibles at steep discounts. It will get worse as the share price hits $0.0001.
The number of shares outstanding of our Common Stock was: 359,378,081[color=red][/color] as of June 30, 2023
Total shares authorized: 300,000,000
Total shares outstanding: 359,378,081 as of date: June 30, 2023
Now
Outstanding Shares
1,779,878,081 10/06/2023
Restricted are only restricted until the restrictive legend is removed. All they need is lawyer's opinion letter to do that.
It apparently takes 2 weeks or so for AAPJ to proofread a stock promotion press release, but all they do is try to put out fluff to say that they may put out something someday to help absorb some of the massive dilution going on here.
More bad news - From August.....
Almost no cash....
Other Assets
Real estate 1,367,818
but note the important part:
Long-term Liabilities
Convertible notes payable 612,299 (at current prices, they don't have enough shares authorized if converted - they just raised their share authorization, too, and still don't have enough shares)
Contract payable - real estate 1,319,747 - Note the "contract" basically is a liability so they can show an asset....LOL
Market cap is 95% too high at current prices.
AAPJ - dilution nightmare...and more to come
The number of shares outstanding of our Common Stock was: 359,378,081 as of June 30, 2023
Total shares authorized: 300,000,000
Total shares outstanding: 359,378,081 as of date: June 30, 2023
Now
Outstanding Shares
1,779,878,081 10/06/2023
Company panic twit to help massive dilution continue.
Just string the remaining gullible investors along while the dumping continues unabated.
Lawsuit, Orange County Superior Court.
Case #30-2023-01348319-CU-CL-CJC
Likely will file for bankruptcy protection. The "discovery" process in this new lawsuit will reveal a lot that even the feds might be interested in, especially if it involves cash wire transfers across state lines, IMO.
Wow, CEO being ridiculed - no money, no income, and worse
Ha Ha - AAPJ twit trying to provide hype to help absorb some of the dilution, but absolutely no buying interest at these high prices.
HPNN's transfer agent has only one client (HPNN). Suspicious? Yes. And Petey promised he would get a new transfer agent that could be verified by OTC markets (current T/A is unable to be verified by OTC Markets). Petey lied once again.
PETER MICHAELS DEFENDANT, HPNN - DEFENDANT, DIGITALAGE - DEFENDANT
Peter already lost one lawsuit to the plaintiff. And he will lose this one, too.
Defendants in massive lawsuit - HPNN CEO in total panic-mode. There will be no launch and Peter will be ordered to preserve all assets and documents for discovery.
Name Type Assoc Start Date End Date
DIGITALAGE, INC. DEFENDANT 09/12/2023
HOP-ON, INC. DEFENDANT 09/12/2023
JEFFREY W. VIRDEN ATTORNEY 09/12/2023
JOHN WOOLEN PLAINTIFF 09/12/2023
PETER MICHAELS DEFENDANT 09/12/2023
That person blocked me, but I was shown the revised post where the chartmeister indicated HPNN actually would be at $0.0001 (corrected from $0.001).
help me got schooled on twit feed
Still trying to dump his shares, but no one wants them at these high prices.
and since he bragged that this is his ONLY "investment", he can't even take tax losses against other gains....just losses for Hal.
HPNN can't pay its debt, court judgments, liens in place, employees, and California tax authority.
There is no digitalage platform or apps. You are not aware of that big fact?
Maybe you should read the lawsuit. It apparently is yet another lawsuit, and this victim of Peter Michaels has already one a lawsuit against HPNN and Peter (as sole control person).
Digitalage is also named as a defendant.
Little Petey is panic-stricken, because he loses EVERY lawsuit ever filed against him. So much losing for the wife-beater CEO of HPNN.
HPNN Total Current Assets $32
Jun 30
ASSETS 2023
Current Assets
Checking/Saving $32
Accounts Receivable
Total Current Assets $32
And Nevada (HPNN state of incorporation) had to take the drastic measure to put HPNN on Administrative Hold
And the California Tax authority is going after HPNN for non-payment.
Wow, massive lawsuit - CEO Petey, they are also going after all your preferred shares and making the plaintiff the noteholder of your so-called loans from your private LLC's so you never get any proceeds from any asset, now and in the future.
and your transfer agent is named, too.