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April bankruptcy filing? Why so long?
HPNN has been insolvent and not able to pay liabilities, tax liabilities, liens, and court judgments for years and years.
Ask Petey what happened in his debtor exams and why, after Curt Doty got called into one of his court-ordered debtor exams, that Doty quit and the acquisition of Doty's company fell-through (it went belly-up).
Wait to see if HPNN disclosure still claims he acquired the company. Regulator may be watching, IMO.
Hop-On has worse concerns than a shareholder meeting.
Insolvency/bankruptcy is #1
Also, on administrative hold for over 1 year now. And failed to file the list of officers in March '23.
Will they be suspended/revoked like Hop-On Wireless next?
Entity Number:C2878-1993
Entity Type:Domestic Corporation (78)
Entity Status: Administrative Hold
Formation Date:03/16/1993NV Business ID:NV19931035864
Annual Report Due Date:3/31/2023
Petey, that lawsuit not going so well for ya, huh?
CEO still on probation for another couple years?
and are you selling enough shares to pay the $6K/month child/spousal support after you beat your wife so bad you were charged with 5 felonies?
Laughing at the HPNN failure and insolvency?
It is worse than anyone thought. Just ask little Petey, the fraudster CEO.
Investors in HPNN have been taken to the cleaners.
HPNN giving away all assets of formerly wholly owned subsidiary digitalage?
For cash to line Petey's pockets?
HPNN must disclose if it is selling shares in the private LLC, as well as disclose all wages and salaries (if there are any).
Looks like some on X have already gathered info on Petey trying to sell shares. Soon HPNN may own no part of it.
HPNN investors will be finding out that they really own little to no part of digitalage soon.
Some predict HPNN will go bankrupt and try to avoid digitalage being seized as an asset in the forfeiture/bankruptcy proceedings.
Petey, how are your latest DEBTOR EXAMS going where you have to go into court to explain all your personal and company "assets"? Sure hope you don't lie about this.
Pre-bankruptcy buying, or simply idiots that have not done any DD and do not realize that HPNN can't pay any of its debts/obligations?
HPNN assets to be seized?
Saw this post and it looks like even digitalage assets can be seized, because it is a wholly-owned subsidiary.
Nope, but HPNN is best known for fraud and being basically insolvent.
CEO to complete community service
He has to complete this and his weekly domestic violence classes for beating his wife so severely it resulted in 5 felony charges - need to complete by April.
Massive liens against HPNN's Peter Michaels and company
Pay particular attention to discussion of asset seizures, claims against current and future assets, including all embedded software, patents, trademarks (Digitalage), promissory notes, accounts receivable, etc.
This does not simply go away. No wonder Peter can't own a home or car keep money in a bank.
Description:
All property, assets, rights, real property and interest in property of Debtor, of any kind or description, tangible, whether now
owned or existing or hereafter acquired or arising and whosesoevers' located including, but not limited to the following: All
deposit accounts, accounts and accounts receivable of Debtor, whether now in existence or hereafter coming into existence all
letter of credit rights: all chattel paper ( whether tangible or electronic) contract rights, instruments (including promissory notes),
documents, general intangibles (including, without limitation, payments intangibles trademarks, service marks, trade names,
patents, copyrights and licenses), inventory (including raw materials inventory, finished goods inventory, parts, supplies) and
goods in process of debtor, whether now in existence or owned or hereafter coming into existence or acquired, whether located,
and all returned goods and repossessions and replacements thereof: all vehicles, furniture, machinery and equipment now
owned and hereafter acquired by Debtor (including all embedded software): all investment property: all supporting obligations,
software and commercial tort claims: all accessions. Additions, replacements, and substitutions relating to any of the
foregoing: all records of any kind relating to any of the foregoing: all proceeds relating to any of the foregoing (including
insurance, general intangibles and accounts proceeds): All insurance policies insuring the foregoing property or any part thereof
including unearned premiums and all refunds
CEO of HPNN Peter should have served prison time for beating that woman so severely that he got charged with multiple felonies. But....California. He already had felony convictions for money laundering, weapons, and another for obtaining money by false pretense (criminal fraud).
Case SWF2101245 - MICHAELS, PETER DANIEL - Probation
Probation Type: SUMMARY Granted: 01/26/2023 Expire: 01/25/2026
SUMMARY PROBATION GRANTED FOR A PERIOD OF 36 MONTHS ON THE FOLLOWING TERMS AND CONDITIONS.
1) OBEY ALL LAWS, ORDINANCES, AND COURT ORDERS.
2) BE COMMITTED TO THE CUSTODY OF THE RIVERSIDE COUNTY SHERIFF FOR 1 DAYS;
3) PAY FEE OF $500.00 TO THE DOMESTIC VIOLENCE FUND (PC 1203.097(A)(5)).
4) PAY VICTIM RESTITUTION. AMOUNT TO BE DETERMINED BY THE PROBATION DEPARTMENT (PC 1203.1(A)(3)). ANY DISPUTES AS TO RESTITUTION AMOUNT TO BE RESOLVED IN A COURT HEARING.
5) SUBMIT TO IMMEDIATE SEARCH/PROPERTY INCLUDING ALL RESIDENCE/PREMISES/STORAGE UNITS, CONTAINERS AND VEHICLES UNDER YOUR CONTROL; BY PROBATION OFFICER OR LAW ENFORCEMENT OFFICER; WITH OR WITHOUT CAUSE;
6) ENROLL IN A PROBATION APPROVED 52-WEEK DOMESTIC VIOLENCE PROGRAM PURSUANT TO PC 1203.097. PROVIDE PROOF OF ENROLLMENT TO THE COURT/PROBATION OFFICER ON OR BEFORE 03/13/2023. COMPLETE THE PROGRAM BY 04/13/2024. PAY ALL PROGRAM FEES AND SUBMIT PROOF OF PAYMENT AND COMPLETION AS DIRECTED BY PROBATION.
7) DO NOT RELOCATE FROM THE STATE OF CALIFORNIA (I.E. REMAIN IN ANOTHER STATE FOR MORE THAN 45 CONSECUTIVE DAYS IN ANY 12-MONTH PERIOD) -WITHOUT FIRST CONTACTING THE PROBATION DEPARTMENT TO DETERMINE WHETHER YOU ARE SUBJECT TO THE INTERSTATE COMPACT ACT. (ICAOS/PC 11180).
8) DO NOT HAVE ANY DIRECT OR INDIRECT CONTACT WITH CARRIE M.
9) DO NOT KNOWINGLY OWN, POSSESS, HAVE UNDER YOUR CONTROL OR IMMEDIATE ACCESS TO ANY FIREARM, DEADLY WEAPON, AMMUNITION OR WEAPON RELATED PARAPHERNALIA OR INCENDIARY DEVICE.
10) ANY VALID DOMESTIC VIOLENCE PROTECTION/RESTRAINING ORDER EXISTING DURING THE PERIOD OF PROBATION IS INCORPORATED INTO THE PROBATION TERMS.
11) PERFORM 20 HOURS OF COMMUNITY SERVICE THROUGH A NON-PROFIT ORGANIZATION. COMPLETE BY 04/13/2024.
digitalage funding fell -through.
saw this post and tend to agree. Peter can't even own a home or a car (asset), because they are subject to seizure to pay back the multitudes of people and businesses and victims he owes money to.
The CEO gave himself 1 billion shares
and their tiny revenue can't even pay the salary of one low-level employee.
They have almost no cash or real assets.
News - There is no launch, no funding, and the latest lawsuit seeks to seize all digitalage and HPNN assets. Peter will lose that lawsuit, like he has lost EVERY other lawsuit filed.
Why funding did not happen... I tend to agree. HPNN can't even get a transfer agent that is verified, which almost all others on OTC do for transparency. Promised in 2022. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172549138
HPNN was stock promoting in early 2021. It is simply comical. Some who invested at those high prices are still ignoring stuff like this and think his BS smells like a rose. Note the date...it is 2024 now and till NOTHING.
No evidence I've seen of either.
Yes, he was convicted of felony money laundering. But just because he funnels money from his LLC's (who knows where that $ came from) and from loans he doesn't pay back into a separate entity to "fund" it - that is just actionable by those that might have been stiffed on money he owes. But he could use the entity to pay himself but needs to report it on HPNN books. The only tax crime would be if he doesn't treat the money as income, pay taxes on that income.
Even with Peter's Green Frog Fund, he loaned $ from dilutive share issuances to a company he already secretly-controlled, and HPNN demanded no interest and no payback terms on the massive cash he sent himself. Did he get paid or accept cash from his own company? Maybe. Did he pay taxes on it as income. Maybe, but he has had and still has tax issues.
The SEC rarely does anything, even with what has been pointed out in HPNN's disclosures.
And no one demands he account for the so-called restricted shares and un-depositable "certs" I heard stories about.
If they R/S, it will just show up on the daily list before the market opens and it may take a few days for common investors to be able to sell the post-split shares, but toxic financiers can basically immediately dump shares before common investors.
One could keep checking the Wyoming corporations site to see if a formal filing/amendment shows up.
That's how many found out they raised the share authorization to 3 billion shares before others here found out.
They had already issued a ton more shares than were authorized.
Why funding did not happen? I tend to agree. HPNN can't even get a transfer agent that is verified, which almost all others on OTC do for transparency. Promised in 2022. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172549138
That's exactly how it works. They rely on not telling investors about reverse splits, especially since AAPJ relies only on dilution to stay solvent.
If they R/S, it will just show up on the daily list before the market opens and it may take a few days for common investors to be able to sell the post-split shares, but toxic financiers can basically immediately dump shares before common investors.
One could keep checking the Wyoming corporations site to see if a formal filing/amendment shows up.
That's how many found out they raised the share authorization to 3 billion shares before others here found out.
They had already issued a ton more shares than were authorized.
CEO Michaels can't own a car or a house
the SEC revoked the registration of the HPNN CEO's Sector 5 company, now creditors and other are going after the CEO and HPNN.
Petey lost that lawsuit, too. Now Hop-On wireless is permanently revoked (HPNN disclosures lie and indicate it is only "not current").
I hope investors, if they choose, can get out of HPNN with less loss. Petey will test the waters on just how much info he can spew to "promote" the share price, hoping there are still gullible investors that don't do DD or aren't previous victims of HPNN.
Or the reverse split, which they won't tell you about until it happens, then common investors are trapped until they can trade again.
The CEO will probably give himself another billion shares or more.
Petey giving out share certs no one can deposit anywhere? And this is not the only one he gave "certs" to that brokers will not accept anywhere.
They fail to mention the dilution has been rampant
Outstanding Shares
The number of shares outstanding of our Common Stock was:
284.478,081 as of March 31, 2023
359.378,081 as of June 30, 2023
1,779.878,081 as of September 30, 2023
1,954,878,081 as of January 19, 2024
2,147,878,081 as of January 26, 2024
and just what else do they have to offer anyone or stay viable without even more dilution and toxic convertibles at a steep discount?
I guess if one is speculative, then have one's percentage-ownership of the market cap tank so precipitously in such short of time, with no real benefit to the balance sheet....may not be of concern.
Or it could get frontloaded and pumped/dumped again before most realize what happened again.
There is no platform, just a simple squarespace page hosted on a shared nameserver.
Peter probably planning to dump billions of shares before investors realize it. With no verified transfer agent, one can't even relay on their transfer agent. HPNN's agent has HPNN as its ONLY client. Big red flag.
Peter tried to pump it, but it didn't work well
Then someone pointed out the big problem with HPNN and being insolvent and likely to face bankruptcy. He had nothing to say after that.
Peter tried to pump it, but it didn't work well
Then someone pointed out the big problem with HPNN and being insolvent and likely to face bankruptcy. He had nothing to say after that.
HPNN - serious civil case - going after digitalnothing, too.
Orange County Superior Court (California)
Case # 30-2023-01348319-CU-CL-CJC
Person/Business Name Party Role Case Number Case Level/Type Filing Date
Digitalage, Inc. Defendant 30-2023-01348319-CU-CL-CJC Other Collections 09/06/2023
Hop-On, Inc. Defendant 30-2023-01348319-CU-CL-CJC Other Collections 09/06/2023
Peter Michaels Defendant 30-2023-01348319-CU-CL-CJC Other Collections 09/06/2023
John Woolen Plaintiff 30-2023-01348319-CU-CL-CJC Other Collections 09/06/2023
Yes, looks like a big dump
So many investors are hoping for a chance to sell, now that more know what a fraudster and liar the CEO is.
CEO mentioned reverse split
Looks like a pump/dump. CEO needs to dump shares for a little cash, because he owes so much money each month can has no income/assets to help pay stuff like his $6K/month spousal/child support.
HPNN bankruptcy - imminent
As most have noticed, the latest lawsuit is going after all HPNN assets, now or in the future, and also includes any assets/patents/licenses/proceeds, etc from the so-called digitalage.
Yes, I think he is recommending selling HPNN
Unfortunately, not much interest at these high prices with HPNN being basically insolvent.
He is still being the immature child on twit, but @jaimeeccles76 seems to be worried about HPNN bankruptcy coming sooner rather than later.
Apparently bought the failed sector 5 at near $5 and lost everything, now losing everything on HPNN after buying at super-high prices HPNN stock.
Even lies about HPNN's Peter having anything to do with cell phone charging (he did not).
I agree. They fail to mention the dilution has been rampant
Outstanding Shares
The number of shares outstanding of our Common Stock was:
284.478,081 as of March 31, 2023
359.378,081 as of June 30, 2023
1,779.878,081 as of September 30, 2023
1,954,878,081 as of January 19, 2024
and just what else do they have to keep offer anyone or stay viable without even more dilution and toxic convertibles at a steep discount?
I guess if one is speculative, then have one's percentage-ownership of the market cap tank so precipitously in such short of time, with no real benefit to the balance sheet....may not be of concern.
Or it could get frontloaded and pumped/dumped again before most realize what happened again. Good luck.
More dilution dumping again today. Not one single buy-side trade shown so far today.
Wow, even more terrible HPNN news.
This person slamming the insolvent HPNN and its serial failures, since inceptions. Not even one success in 20 years.