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HPNN no longer current on OTC Markets
Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b).
HPNN has been REVOKED
Shorting would be a great idea if it wasn't so impossible to do.
Margin requirements for bankruptcy-bound penny stocks like the REVOKED HPNN make it impossible for investors to short.
Looks like Petey is still dumping shares, though.
He needed the flunky lawyer opinion letter so the restrictive legends could be removed and the shares could be dumped into his bogus pitch-deck hype.
Might see a 100 million sell day today or tomorrow.
price target $0.0001. Likely no bid coming, too.
It is worse than that - assets can be seized
HPNN has so many liens and the court-entered documents indicate any present or future assets the CEO or HPNN have or ever obtain are subject to seizure.
Ask the loser Peter Michaels why he can't own a car, home, or any property.
Ask him why HPNN cannot carry more than a few hundred $'s in HPNN accounts.
Let us know what the fraudster says.
Purposely not paying back money owed can be a felony if one knows they will not pay it back, as PROMISED.
Looks like the Ponzi scheme is falling apart before our very eyes.
Hopefully you are consulting with your financial adviser, now that Peter has lost the right to the Hop-
ON name.
So HPNN/Peter also owe over $9 million to just one person and the CEO did not disclose that important fact.
Ask fraudster Petey just how many court-ordered debtor exams he has been forced by courts to attend in 2024 and 2023.
The CEO is best-know for cowardly beating of women. He was charged with 5 serious felonies.
Better than supporting a fraud Peter Michaels company
HPNN has only $121 in total real assets. It can't pay any of its obligations.
It can't pay court-ordered payments.
Then Peter is really not going to like the latest developments....cease and desist on Peter using the Hop-ON, Inc name.
Hop-ON is a joke. Can't even figure out the technology for a shareholder meeting, given more than a month to figure it out.
You can bet it is not even a shareholder meeting and will not mention the HPNN insolvency and HUGE TROUBLE with massive liens now on both digitalage "assets" and on any assets @HPNN have or ever obtain in the future.
He won't discuss the taxes owed, massive court losses and judgments, money he stole from those who loaned him cash.
It will just be a stock promotion event to help long-time investors dump their almost-worthless shares and allow Peter to dump shares, too.
He needed the attorney opinion letter to allow those with restricted shares he gave out to remove the restrictive legend and dump shares on some new gullible investors who are unaware of the HPNN fraud history.
May have noticed there is no actual launch planned.
In 2021 HPNN said they were "ready to launch", but we discovered it was all a lie.
That's not a new filing. The attorney relied on info the HPNN CEO provided. That was the first mistake, because the annual report if filled with inaccuracies, omissions, and just plain lies.
The letter was needed so certain people (accredited investors) could have the restrictive legend removed and be able to dump their shares.
Suspended by Nevada on the 25th?
I see that HPNN has not filed in Nevada (their state of incorporation) for 2 years now.
I see that Hop-ON wireless was permanently REVOKED in Nevada
Entity Status: Administrative Hold
Annual Report Due Date:3/31/2023
Hop-On Wireless
Entity Name:HOP-ON WIRELESS, INC.
Entity Number:C10085-2001
Entity Type:Domestic Corporation (78)
Entity Status: Permanently Revoked
Annual Report Due Date:4/30/2015
Nope- avoiding confirmed fraud companies like HPNN.
Hopefully investors can get out with less loss, but many will not.
Almost no buying interest at these high prices for an insolvent company.
Still trying to dump shares? Now HPNN is completely insolvent and only has $121 in real assets for the whole company.
Note the date. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169939678
Peter disclosed that Hop-On cannot pay its obligations and neglected to disclose the lawsuits and liens against digitalage and Hop-ON assets (present and future).
Those pesky facts, huh?
from the woman the CEO stole all that money from and refuses to pay it back. A big shareholder, too, and the CEO blocks her from viewing the material non-public information on the stock promotion site. So much for free speech guy, huh?
Less than $5K in buys today? OK.
So many hoping to sell, so it is great they now have the opportunity.
Reverse split is likely on the radar again. Unfortunately, HPNN is on Administrative hold, so they have to fix that first and file their reports with Nevada for the last 2 years.
With a $0.0001 price target, HPNN investors just hope they can dump and get out with a little less loss.
Now that there is a lawyer's opinion letter, those that Petey gave restricted shares to can have the restrictive legend removed so they can dump theirs.
Great news for sellers trying to finally dump their shares.
It is great that some investors have not caught on to the 3-time felon CEO's continuous lies, yet.
Hopefully you can sell for less loss, too.
And investors dumping as fast as possible while promoting the "price". I see.
With liens on any and all assets that HPNN has or ever will have and being a company that won't even file with its state of incorporation?
Investors should do diligence Even the CEO is not willing to own even one share of HPNN common stock.
Glad you agree on possible bankruptcy.
Did you see the absolutely horrid financials?
No, Peter needs $ to pay for his personal bills and lawyer. He needs his partners in slime from his Sector 5 fiasco to help him with hype so the sell volume can be somewhat disguised by the new foolish investors that are unaware he defrauds so many.
Well, their failing digitalage is located in a building in Santa fe NM that also houses a cannabis dispensary.
Peter has been known to have a substance abuse problem, per the courts. He also beats women to a pulp and plead guilty to the same.
One can tell when he has the clenched-jaw syndrome without being a D.R.E.
HPNN bankruptcy coming? They have only $121 in assets and can't pay their bills, per the CEO's disclosure.
At least you will finally be able to dump if it stays above $0.0004 a little longer.
Ask him about his latest debtors' exam hearing. They are really going after HPNN now, as well as digitalage.
Not pioneering anything. Pretty hard to pioneer anything when the parent company (if it is still wholly-owned by HPNN anymore) has only $121 in its coffers and no real assets.
Most HPNN investors don't understand just how bad the financial situation is for HPNN and its CEO.
But heck, I'm all for a pump by tweety Petey to help investors get out with less loss.
Looks orchestrated, too, based on what I see from the social media so-called promoters.
quarterly will likely be in May, but he still needs to update the "financials" part of OTC markets with revenue, etc. Only he can do this.
HPNN decided to not provide financials for 2023 to OTC Markets. Late again.
$0 revenue in 2021, 2022, and 2023. Only losses.
https://www.otcmarkets.com/stock/HPNN/financials
CEO Peter - debtor exams? How many now?
This is what they are allowed to ask you. Note, there also is a new law that they can examine your bank records without a debtor exam.
Questions to ask in a debtor's examination
These are some questions that can help you find out where the other side has money, makes money, or owns things they might be able to use to pay the money they owe you.
Sample questions
Once you start asking questions, the other side's answers may lead you to more questions. The questions here are just to give you ideas. You can ask other questions you think of at the court date.
Personal
What's your home address?
What's your telephone number?
Are you married or do you have a registered domestic partner? If so, what's the first name, maiden name, and last name of your spouse or domestic partner?
You can ask for their social security number, but they don't have to tell you it.
Work
Do you have a job or are you self-employed? If you have a job, what company or person do you work for?
What's your boss’s name?
What’s your work address and telephone number?
What’s the work address and phone number for the office that pays you (“payroll” or “accounting”)?
How much money do you make? How often are you paid? What day(s)?
Do you have back taxes taken out of your pay?
Do you have child support taken out of your pay?
Are you paying off a bankruptcy through your pay?
Are you ever paid commissions? If so, when are you paid?
Do you get a yearly bonus? If so, when is it paid?
How much is owed to you now?
Do you work anywhere else? If so, please explain. (Ask the same questions as 1 - 11, above.)
Real estate
Do you own the home you live in? If so:
Is it a single family home? a duplex? A condo? A mobile home?
Is your mortgage paid up to date?
How much is it worth?
How much do you owe on it?
Do you own any other real estate?
If so, ask same questions as above.
If you don’t own your home, who do you pay rent to? How much are your rent and utilities?
Do you have any roommates or subtenants?
If so, what are their names, how much do they pay you each month, when do they pay you?
Cars and other valuable items
How did you get here today?
Do you have a car or truck? If so:
What's the year, make, and model of your car?
Do you own it outright? Is it financed? By whom? How much do you owe on it?
What is the VIN?
Do you have a recreational vehicle, trailer, boat, or other vehicle?
Do you have any things you own, cash, or other things that you haven't told me about yet (for example, a piano, jet ski, patents, coin collection, etc.)? If so, please tell me about them.
Do you have life insurance? Is it a whole life policy (it's an investment with cash value)?
Banking
Do you, your spouse, or domestic partner have any bank or credit union checking or savings accounts?
If so, what's the name of the bank or credit union, the branch address, the account numbers and present balances for all these accounts?
Do you have any other accounts like money markets, for example?
Do you have a driver's license? If so:
In what state?
What is your driver's license number?
Do you have any credit cards? If so:
What is your cash advance limit on all of your credit cards?
What are your current balances?
Questions to make sure they understand what happens if they don't pay
Do you understand that as long as you don't pay the judgment, the unpaid amount collects interest?
Do you understand that as long as you don't pay the judgment, it is probably on your credit report and hurting your credit rating?
Do you understand that as long as you don't pay the judgment, I have the right to examine you again in 120 days?
Current Assets Checking/Saving $121
That's it. HPNN has basically no real assets and is FLAT BROKE, per the CEO.
Hop-ON lied in financials (again) . SEC tipline plus Finra complaint may be in order.
Hop-On claimed, under penalty of filing false finacial reports, that its current status in Nevada (its state of incorporation) is Current State and Date of Incorporation or Registration: Nevada, March 16, 1993
Standing in this jurisdiction: (e.g. active, default, inactive): Active and in "Good Standing
When, in fact, its standing, per Nevada is
Entity Number:C2878-1993
Entity Type:Domestic Corporation (78)
Entity Status:Administrative Hold
Formation Date:03/16/1993NV Business ID:NV19931035864
Termination Date:
Annual Report Due Date:3/31/2023
Also HPNN has not filed a required report with Novada, and was supposed to by March 2023.
Wow, new price target $0.00001. No bid is coming.
HPNN can't pay its bills, lawsuit losses, tax bills and liens, and the over $9 million HPNN and its CEO owe to just one person.