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They didn't say they sold even one ECIG.....they say they shipped them. With PM's record of misleading investors and Jay...well he's just Jay LOL.
Looks like yet another attempt to get people to buy the tons of dilutive shares being dumped.
Just who did they promise to help unload shares for by putting out such frantic press releases?
Doubtful steal, very doubtful.
Your track record speaks for itself
GOINGUP - The A/S is 2.5 billion, just like mathias indicated
The outstanding share count has to be north of 2 billion shares by now.
Peter Michaels is known for dumping shares as fast as he can to stay afloat a little longer.
HOP-ON's financials indicate they have no cash at all.
O/S COULD BE CLOSE TO 2.5 BILLION BY NOW
WAS AT OVER 1.2 BILLION SHARES IN JAN, DILUTION UP MASSIVELY SINCE PREVIOUS REPORTING.
Since HPNN admits it has no cash in the bank, no sales, no revenue, and assets are dwindling......
No wonder Peter Michaels resigned as CEO.....or was it his legal problems. Balancing being on felony probation with trying to stay out of jail/revocation and with dumping hundreds of millions of shares in this HOP-ON dilution nightmare.
steal - HOP-ON is flat broke - no cash in the bank, no revenue, no accounts receivable. Their assets have dwindled to almost nothing.
Then the CEO resigns.
If you can't smell the funk, then you obviously are not able to do any DD or admit what Peter has been doing to shareholders for years. Plus, he is a convicted felon.
Do a little research or ask any radio engineer.
They absolutely do not work. HOP-ON is just trying to sell little junk stuff, almost like when they were trying to sell little toys and trying, but failing to sell phones.
HOP-On's disposable phone they seem to claim they developed, was actually a disguised Nokia phone. A reported caught HOP-ON red-handed when they found the Nokia phone inside the disguised product.
THOSE TYPE OF DEVICES HAVE ALREADY BEEN PROVEN TO NOT WORK...plus, they can void phone and device warranties and even cause a device to overheat dangerously and cause them to emit even more dangerous radiation (because the phone automatically tries to increase signal strength when a weak signal is received at the tower location).
Pagnano admits brokers not accepting HRNF buy orders
from Heathrow's website:
"Currently there are several online brokerage firms who will not handle deposits or buy orders for HRNF....."
I doubt the SEC is doing anything. They(the SEC) are now being investigated for their employees spending much of their time at work surfing porn sites.
HRNF's dilution looks like it will go on. 5 billion shares authorized. They will need a reverse split soon, too, so they can keep dumping dilutive shares.
Not sure I'd buy 1 share of HPNN
Since HOP-ON is only a non-exclusive distributor for USACIG, they likely won't have much in margins to even start to make a profit.
Beware if HOP-ON also tries to claim revenue that is actually just pass-through to USACIG. Unaudited financials may not disclose that most revenue does not go to hop-on (if there is ever any real revenue).
I wonder if Pagnano is a bit worried?
Some of those press releases, especially the one with distributors named that don't appear to actually exist, is getting him a bit scared to put out more fluff to help dump dilutive shares?
Next reverse split (1:300 IMO) will help the share price drop even faster.
I wonder how PAG's buddy and business associate Lawrence Taylor is doing? Do you think Exfuze will dump him like Nutrisystem did after he was arrested for rape?
MONEYMAN reverse split is the way they will get the PPS to rise, after investors find out about the dilution nightmare and that the company has reported $0 cash left and no sales at all (see financials).
steal - more lies announced soon?
That sure doesn't surprise me. HOP-ON already reported it has $0 sales and $0 cash left.
STEAL - TONS MORE SHARES - 2.5 AUTH. BILLION NOW
They could already be getting close to the 2.5 billion share limit.
Action Type: Amendment
Document Number: 20100106444-32 # of Pages: 1
File Date: 2/19/2010 Effective Date:
Previous Stock Value: Par Value Shares: 1,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 159,000.00 New Stock Value: Par Value Shares: 2,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 259,000.00
Exactly - pump & dump stock newsletters are all about dumping shares.
HOP-ON failed to disclose it has $0 cash to purchase any company, as of their last report.
No cash in the bank and no sales reported. That's why they need pump/dump newsletters, often paid in dilutive stock to help them dump even more dilutive stock.
HOP-ON afraid to update shareholders on the outstanding share count?
Since HOP-On reported it had $0 cash left, one can only imagine they are dumping shares as fast as they can for cash to stay afloat a little longer to the gullible who are dumb enough to buy shares at these high prices.
HOP-On apparently can't sell much of anything. No wonder they only did a deal to distribute Ecigs. Likely almost no real sales and only a tiny margin.
Pretty suspicious that HOP-ON's CEO resigns, remains a director, but the felon is now CEO of USACIG....LOL
Why would USACIG hire a convicted felon, still on felony probation?
Even more scary is that they say they did a marketing deal with Global Verge, who's co-founder is also a convicted felon.
HPNN - still no sales at all per PR
Their sales update basically admitted they still have no sales.
Kaiser - Hop-On is basically flat broke. They have no money in the bank to pay anyone, per last report from the company.
They have no sales/revenue whatsoever and those free trials are not through HOP-ON, but through a completely different and unrelated company....USACIG.
I'm not sure I would give my CC info to a company with a convicted felon currently on probation at the helm, either. Did you know that felon is now CEO of USACIG?
Kaiser - not gonna happen
Especially after people that were lied to so many times do a little DD on the multilevel marketing (MLM) company they supposedly claim to be working with.
Google that company's name and then add the word "scam" to the same search to see just what happens to some that get involved with a wannabe amway-type co.
I wonder how many shares PM had to give them to use their name in a fluff press release? Or, maybe PM is now CEO of that company....LOL
Seems like the only deals he can do is with companies he is already a part of.
Contact the transfer agen - HOP-ON has been diluting like there is no tomorrow. No wonder Peter Michaels is no longer CEO....but is chairman and has not updated pinksheets with share count and the fact he is no longer president/CEO.
Peter is still on felony probation and appears to have legal troubles, from court info, IMO.
Not when you see the share count.....OMG
Massive dilution and questionable press releases helping them dump hundreds of millions more shares?
I noticed HOp-On announces deals with companies he is already controlling/part of, but does not disclose it as part of pump press releases.
Pyramid Scheme? More bad news about HOP-ON's deal....not only was it run by a founder convicted of securities fraud.......
August 13, 2009
Zer01 Nixes Business Relationship with Buzzirk Mobile and Global Verge
Citing breach of contract, Zer01 today announced that it has dissolved its business partnership with Buzzirk Mobile and Global Verge. Zer01 first announced its plan to offer unlimited mobile voice and data services to smartphone owners early this year. It later teamed with Buzzirk and Global Verge to distribute its services. Eventually, investigative reports revealed that Buzzirk and Global Verge were led by people with criminal records and histories of running pyramid schemes. Zer01 claims that Buzzirk and Global Verge violated the terms of their contract with Zer01, and have ended their business relationship. Buzzirk Mobile will no longer be able to market Zer01 Mobile services to its partners, including Global Verge.
Article from PC World about felon founder
founder of the company HOP-ON says it now has a Multilevel marketing scheme deal with.....LOL
Looks like more dilution and a pump to try to get more suckers to buy the almost-worthless shares again.
Why didn't HOP-ON disclose that the previous deals they supposedly signed were with companies already controlled by HOP-ON employees/excecs?
Sure smells fishy...and with Peter's track record......wouldn't buy one share of HOP-ON.
Securities fraud news? Coincidence. Didn't Peter also get a felony and is still on probation? The company they claim to have a deal with has a founder guilty of securities fraud.....
(from July 2009)..........It's being marketed through a multilevel marketing program run by a company called Global Verge whose founder, Mark Petschel, in 2005 pleaded guilty to securities fraud. Petschel is currently on probation.
..........
NextDay is torn about the arrangement with Global Verge. The resellers haven't really paid off. Combined, all 3,000 Global Verge resellers have only made a total of 10 sales, Smaal said. But sometimes it takes time for resellers to ramp up sales, he said, and so he's hopeful they may pay off.
Lawrence Taylor (LT) part of Xfuze - HRNF's CEO Pagnano supposedly is a distributor of that drink. PAnano also was involved with LT in his golf membership/tourney scheme.
News just out that LT was arrested for rape....excepts below:
By JIM FITZGERALD , Associated Press
Last update: May 6, 2010 - 12:05 PM
George Miller, Associated Press
Lawrence Taylor
Bill Kostroun, Associated Press - Ap
SUFFERN, N.Y. - Pro Football Hall of Famer Lawrence Taylor was arrested Thursday in connection with a reported rape in the New York City suburbs, police said.
Ramapo Detective Lt. Brad Weidel said the former New York Giants linebacker had not been formally charged, but that police were investigating a reported rape that occurred earlier Thursday at a hotel in Montebello.
Police said they would hold a news conference Thursday afternoon. They did not immediately respond to questions about the circumstances of the arrest.
An attorney for Taylor, Kenneth Gribetz, said he expected Taylor to be arraigned later Thursday.
.........In 2001, Taylor was convicted of possessing drug paraphernalia in New Jersey. The conviction stemmed from the September 1998 discovery in a hotel room of a butane torch and other materials commonly used to smoke crack.
In 1996 and 1997, he was arrested in South Carolina and Florida on drug charges. In those cases, he either admitted his guilt or agreed to enter a pretrial intervention program.
In 2000, he drew five years of federal probation for filing false tax returns and for tax evasion.
According to pinksheets dot com, Peter Michaels is CEO.
?In return for shares at steep discounts that can be immediately dumped to lock-in the profit....dilution/death spiral toxic financing? Why else would they raise their share limit so many times so fast?
The common investor is always the last to know, IMO.
Agree 100% I'm not sure I'd give PM my CC number.
whobird - hop-on's corporate office is run from a rented tiny mailbox in a strip mall....LOL
Hop-On's financials indicate they have no money, especially for a marketing effort.
catch - are you sure about that?
Looks more like dilutive dumping of shares again by hop-on.
I see hop-on has filed to raise the share authorization to 2.5 billion shares. Wow, dilution will get even heavier, just as the stock price moves closer and closer to $0.0002.
Since hop-on reports they are basically flat broke, dilution is the only way they can pay for distribution and the free trial of the other company's ECigs.
steal - posting false information again, IMO. Read their financials. HOP-ON is flat broke. They have no cash in the bank and reported NO sales. These are FACTS.
I sure hope you are not an owner of HOP-ON shares and continue to post false information on message boards like this. Regulators often go after and investigate pump/dump posters to see if they actually own shares while postiung such false information......pal.
Feel free to post links to any more recent financials submited by the company that show you are correct. Without this, you are completely wrong once again.
steal - they have $0.00 in cash in the bank, inventory is questionable (there is no proof of inventory of anything at hop-on), and they have $0.00 in sales.
Please read their financials before you post this false information repeatedly.
Solid, you sure? LOL
Well, maybe you should look at how fast the O/S count has been rising, and the fact that the authorized shares are now 2.5 billion.
It looks like more massive dilution will be coming, too, IMO.
So much for your White Elephant.
gareyev- please update the I-BOX with the latest authorized shares and outstanding shares information available.
Jay P kinda seems to not know Peter very well, based on his comments on PM's contributions.
If Jay is this positive on Peter, then I sure wouldn't be confident that Jay can do anything to help HOP-ON stay afloat.
Jay, where did all those dilutive shares go? Are those preferred shares getting converted and dumped, too?
I noticed the common shares now have a $0.0001 par value. Why did they change this so drastically?Was it so preferred shares could be converted at a much higher rate? Oh my!
Will Peter also resign his CEO of USACIG position?
Still curious about all those hundreds of millions of new shares issued.....who did they go to and are they claiming exemption from registration of those newly-issued shares?
Ya think Peter will remain director/chairman of the board and probably remain the largest holder of preferred shares?
Not sure how they can even pay the new guy. Last I saw, HOP-ON was broke.
PM did it to shareholders again. Dump hundreds of millions of shares and then resign. He did this after he was indicted last time he resigned.
Unfortunately, it appearts that he will still have control of the company and will still be associated with hop-on.
I wonder if there is something he still hasn't told us about why he can't deal with day-to-day activities of the company?