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2 part-time CFO's of digitalnothing? Both it and HPNN are flat broke.
Plus CEO needs to raise his $6K/month child/spousal support to remain law-abiding, per his probation conditions.
He has no source of income.
CEO getting roasted on twit again. First he admits and says "NO" when asked if digitlnothing apps are operable (not even beta?).
then,
Blast from the past from one of the other times he fleeced investors...
They can report time and sales at any time during the day, or as AVG price with a big order if it executes.
Looks like the dilution is happening fast and furious again. Petey has been trying to place those 3 billion of new shares authorization.
BTW - if someone is intent on selling or buying otc using the NASDAQ SYSTEM, the max single-trade size is 999,999. Might be similar with broker-assisted orders.
Some brokerages limit the total trade to 999,999 whether it is Nasdaq or other (OTC).
For those using SMART order System, most don't have the same limits.
Corrections/comments welcome if I'm wrong or with more info.
Like the retail asset they are advertising that actually appears to be just a loan they took out so they could show an asset? It is right there in the financial disclosure.
From August.....
Other Assets
Real estate 1,367,818
but note the important part:
Long-term Liabilities
Excerpt....
Contract payable - real estate 1,319,747 - Note the "contract" basically is a liability so they can show an asset....LOL
Attracts less attention for short-watchers?
Or could be a whale trying to sell a few hundred million over a period of time.
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.
I dunno, but I tend to agree with this post in response to AAPJ's. More likely no bid, $0.0001 ask.
Massive dilution: The number of shares outstanding of our Common Stock was: 359.378,081as of June 30, 2023
Most-recently....Outstanding Shares 1,499,878,081 09/15/2023
They don't even have enough shares authorized to allow the toxic convertible death spiral financing notes at steep discounts to convert. May need to increase share auth to 20 billion shares next.
Toxic convertible note shares at steep discounts to the share price again being converted and dumped into the share pool to lock-in their profits. No verified transfer agent = big red flag.
Likely most proceeds going to Petey's pockets? He does have those $6K/month child/spousal support payment each month and he will lose everything else in his divorce.
After all, the CEO does have a felony conviction for money laundering and obtaining money by false pretenses.
He also has been found liable for numerous instances of FRAUD. He even was found to have stolen close to $100K from HPNN investors and a customer by pocketing the proceeds of a product sale where the judge noted that Petey pocketed the cash to fuel his lifestyle and NEVER intended to provide product. HPNN still has not paid back that money he stole. The money was supposed to go into HPNN coffers. Narcotics addiction is a nasty problem....I still wonder if he is having the same problem - that clenched-jaw look is telling to those that understand addiction, IMO.
Some funneled into Petey's pockets from other LLC's he controls - many are delinquent filers, too.
I believe he used to take cash into them in return for certs or other promissory notes that could never be redeemed or deposited into any accounts as real shares and leaving noteholders holding the bag. He doesn't pay back obligations.
It is notable that the CEO promised to get a real "OTC-verified" transfer agent to help with transparency. Most real companies have their TA veriffied.
His current T/A has HPNN as its only customer.....
Does the T/A look the other way as Petey does his shenanigans with all those so-called restricted shares and share certs it appears he may have been giving out like candy for cash?
He was even recently advertising that he would take cash for private equity........relying on gullible novices that are unaware that he does not pay back obligations court judgments, or liens placed on him and his companies.
Nope - sent another DM to ask if Nevada is going to suspend HPNN registration? If so,, most brokers will not allow buys, but will allow sells. I'm guessing forced bankruptcy is Petey's only option left. HPNN can't keep any real assets. Massive liens against assets (present or future), intellectual property (present or future), licensing (present or future), loan proceeds, etc.
HPNN no longer current, and is now on administrative hold. Still has not filed its yearly filing w/list of officers (due in March). Can't do his reverse split while on Admin Hold and while HPNN has no business license in its headquarters state of California (per Nevada new law targeting corporate scofflaws)
First 31 trades were all sells. Little Harry can probably scrape together around $25 as long as he gets his monthly assistance on time. HPNN Share price is still 98% too high.
Most know HPNN is close to bankruptcy. HPNN is insovent and can't pay obligations. Now even the fluff and lies he spews isn't working.
He'll probably put out lies like "funding might happen in 2024 sometime" to attract the gullible to help absorb the massive shares that are going to be dumped into the hype.
Lienholders now have help from the State of California, which also going after him for unpaid taxes and I think he has payroll deduction issues, too.
He is blocking even his most-loyal and largest shareholders, too.
I see he is also blocking employees and former employees who he had not been paying. If true, then Petey should know wage theft is a SERIOUS CRIME.
The terms of his 3-year probation for brutally beating his wife say he must obey ALL LAWS. Also, law enforcement or probation officers can now enter his residence and search any vehicles at any time and for any (or no) reason. May have to contact his PO about the wage theft allegations, if true.
So much for free speech.
Nope, not wrong.. Only two posts since April on the Go_digitalage twit stock promotion page.
Maybe you should actually look instead of spouting out incorrect information.
They took away Petey's password for digitalage twitter page?
Only two posts there since April 2023.
His previous page was shut down after apparently someone hijacked the page. Likely was an employee not being paid? Petey probably was using his wife's name as the password or something similarly stupid.
Yep, dilution nightmare
He is just mad because someone shamed Frank Nitty for having anything to do with the wife-beater CEO of HPNN.
Jaimie - they are slamming you hard on twit. Peter just keeps losing. And yes, they are talking about you. Anyone sick of seeing the BS BwaHA and not one single real contribution to the discussions can easily block those and no longer see the posts. Thanks to the person who PM'd to tell me how to easily do this.
Wow - no platform, no apps submitted to Apple and Google Play (Petey promised apps were ready in 2021 (he lied again)), HPNN has only $32 total assets and can't pay its taxes, loan, court judgements.
Now we find that funding fell-through because of posts on X calling out Petey's lies. No wonder he rarely allows responses there, even from his avid unintelligent supporters.
Posting lies about there being paid bashers to distract from the utter failure of the 3-time felon CEO of HPNN?
Since there is no shorting at all, what incentive would there be and what evidence you have that ANYONE is paid to post DD on HPNN?
Seems like not doing DD is catching up to those that claim to be bullish.
Now investors just want to be able to dump their almost-worthless shares with less loss.
Yep, dilution nightmare
Before a reverse split? There are so many toxic convertibles at steep discounts that they needed to have 100B authorized.
The dumping was pretty clear, but most wanted to remain bullish until they themselves were done dumping.
Remember CEO Petey's old lawyer?
Remember Green Frog Fund, Peter? They didn't forget and now you owe all that money there, too.
Remember the mailing address, Petey?
Here is Petey's former lawyer - Petey was President basically secretly-controlled Green Frog Fund. Richard Weed was the main man and lawyer. The Cali public LLC documents are all still there. HPNN participated in sending HPNN investor funds to Green frog in the form of no-interest-no payback rules from money raised from selling dilutive shares. The money is gone....how much did the president of the fund pocket?
Nothing will be done. Regulators don't mess with little wannabe companies with no revenue. They ignore what appears to be false info in financial disclosures (trademarks, claiming court judgments he lost don't apply), as long as the CEO signed that he certifies it as true. They let investors get sucked-in, but investors make the choice. He also has to work with a lawyer that will "believe" what he tells them. One of his former lawyers got a big charge by the SEC. And there is the Green Frog fund fisco with his lawyer (Richard Weed) and Petey. That money is still due - Petey lost. I'm guessing Peter will try to not even mention HPNN soon.
Bankruptcy might be the best option, but he continues to try to avoid payment. As long as creditors and litigants keep re-filing liens, the liens do not go away for Peter. He refuses a payment plan, and seems to hide from creditors seeking repayment (even blocking them on social media).
You did see that the CEO disclosed that funding fell-through, and that he is blaming it on those that revealed he is a wife-beater and fraudster that does not pay his or HPNN obligations.
The new part-time mail-order CFO definitely did not know Peter did these things and was such a scumbag. Time will tell if he decides to tarnish his reputation by working with fraudster Peter.
Posting lies about there being paid bashers to distract from the utter failure of the 3-time felon CEO of HPNN?
Since there is no shorting at all, what incentive would there be and what evidence you have that ANYONE is paid to post DD on HPNN?
Seems like not doing DD is catching up to those that claim to be bullish.
Now investors just want to be able to dump their almost-worthless shares with less loss.
Still trying to find something to contribute to this board?
Since HPNN is a complete failure and its CEO is even more of a failure in his entire life, I guess there is not a lot to work with.
So you agree HPNN is a scam and its CEO is a serial fraudster that beats women and children?
So sad that investors lost everything when Petey caused the CEO to revoke the registration of SFIV.
No investors are losing everything as the CEO plans to abandon HPNN because it is delinquent and owes much more than its entire market cap.
HPNN no longer current - not good news
HPNN on administrative hold in their State of incorporation? Have been for many, many months. Next step is suspension. Hop-On Wireless is Permanently Revoked. And why did you report far less convertible preferred shares in your OTC disclosure vs. what is on record in Nevada (120 million preferred shares)? We know you love IHUB and read it all the time, so please answer or respond to the DM I sent you with the answers.
Total Preferred Shares Authorized submitted to OTC Markets = 29,000,000 Shares
Total Preferred shares authorized - latest per Nevada SOS website - 120,000,000 Shares
HPNN ASSETS 2023
Current Assets
Checking/Saving $32
Accounts Receivable $0
Total Current Assets $32
HPNN has no money, no funding, and no real assets, plus HPNN admits it can't pay its obligations.
Wow, not paying staff/employees? 1-year ago tweet by employee....
HPNN likely preparing for bankruptcy.
That' why his recent twit mentioned everything he was trying to work for except HPNN shareholders.
He knows that HPNN can't carry any real assets, because the liens attach EVERYTHING for seizure (past present and future)..
Wow, not paying staff/employees? 1-year ago tweet by employee....
HPNN likely preparing for bankruptcy.
That' why his recent twit mentioned everything he was trying to work for except HPNN shareholders.
He knows that HPNN can't carry any real assets, because the liens attach EVERYTHING for seizure (past present and future)..
I think he is on a road trip to Vegas.
CEO Peter Michaels Criminal history
Note: this does not include the 5 serious felonies he recently was charged with for beating his wife to a pulp.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=96370527
CEO Peter Michaels liens - California
Tons more court judgments, but here are some of the liens against any assets, future assets or revenue or intellectual property. You know they do renew these liens, right Petey. They never go away until paid. Pay your California taxes.
UCC Type
Debtor Information
File Number
Secured Party Info
Status
Filing Date
Lapse Date
Notice of State Tax Lien
PETER D. MICHAELS, INDIVIDUALLY AND AS RESPONSIBLE PERSON OF, HOP-ON-.COM, INC - TEMECULA, CA 177597865126 EMPLOYMENT DEVELOPMENT DEPARTMENT - SACRAMENTO, CA Active 07/25/2017 07/25/2027
Judgment Lien
PETER MICHAELS - TEMECULA, CA 187634114166 JOHNNY WOOLEN - TUSTIN, CA Active 02/20/2018 02/20/2023
UCC
PETER MICHAELS - TEMECULA, CA 197747228269 CORPORATION SERVICE COMPANY, AS REPRESENTATIVE - SPRINGFIELD, IL Active 11/18/2019 11/18/2024
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210036245324 MCA REHAB LLC - MIAMI, FL Active 04/07/2021 04/07/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210036247227 SAUCHEEN FINANCING LLC - MIAMI, FL Active 04/07/2021 04/07/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA U210047506019 CAPITAL ADVANCES LLC - FT LAUDERDALE, FL Active 05/18/2021 05/18/2026
UCC
PETER DANIEL MICHAELS - TEMECULA, CA 197724970399 C T CORPORATION SYSTEM, AS REPRESENTATIVE - GLENDALE, CA Active 07/25/2019 07/25/2024