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The phone on Ebay is not a good sales tool to make your point. There were less then 100 puchased from Clic Phone in China and sold to add a little meat to Peters Pump and Dump Scam. I doubt there are 10 working/new Hop-On phones in the entire world.
For the record. I did buy one of the phones from Peter during that 2 week period you could purchase one of them off the web-site. I never used it and it is sitting in a box in my office. Been trying to sell it on Ebay for months. Nobody dumb enough to buy it I guess.
He is doing the same thing with the E-Cigs that he did with the phones. Buying and reselling just enough of them to make the scam look liget but never really trying to sell a product. Only Shares.
Below is the WHOIS search results for RE-MED.COM. It is just another shell company created in July last year by USACIGS, INC with Peter Micheals being the POC.
This is just another layer of this POS SCAM Company. Kind of ODD dont you think that Peter owns HOP-ON, owns USACIGS, and owns RE-MEDs and the only PRS they are putting out are distribution agreements between companies that are owned by the same person. You guessed it. Our Favorite FELON - Peter.
Registrant:
USACIG, INC
3943 Irvine Blvd., #120
Irvine, California 92602
United States
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: RE-MEDICAL.COM
Created on: 21-Jul-09
Expires on: 21-Jul-10
Last Updated on: 21-Jul-09
Administrative Contact:
Michaels, Peter peterdmichaels@yahoo.com
USACIG, INC
3943 Irvine Blvd., #120
Irvine, California 92602
United States
7147916977
Technical Contact:
Michaels, Peter peterdmichaels@yahoo.com
USACIG, INC
3943 Irvine Blvd., #120
Irvine, California 92602
United States
7147916977
Domain servers in listed order:
NS45.DOMAINCONTROL.COM
NS46.DOMAINCONTROL.COM
Registry Status: clientDeleteProhibited
Registry Status: clientRenewProhibited
Registry Status: clientTransferProhibited
Registry Status: clientUpdateProhibited
Oh man are you disillusioned. This POS SCAM has been running this cycle over and over and over again.
Peter always made a point of being the only US made cell phone manufacture until I pointed out that his phones were clic phones made in China and you could order the same phones from them with your name and logo on them. Min Order of 25. Which is about how many phones he sold during his last pump and dump cycle. Even posted the web page so you could see every phone on Hop-on's website was on the clic phone website in China. The pumpers spent weeks bashing that proof saying Peter should sue the company for stealing his phone designs, etc, etc, etc.
This cycle of his pump and dump is no different than the Casino Cycle, the disposable phone cycle (which proved to be a reskined nokia that he got into a lot of hot water about), the RC UFO Cycle, the DVD Player Cycle, the we have an R&D department and a full line of phones Cycle (Which was really funny because you could not buy one in the US), the million unit sales contracts with phone companies that either did not exist or would tell you they had talked to Peter but did not order any product when you called them Cycle, and now we have the USA CIG Scam Cycle.
It is just more of the same.
I've said it before and I'll say it again. This company is SCAMTASTIC!!!
Where are all the pumpers who were so angry that people that have been in this POS company for years would dare to tell the truth and warn investors about this pump and dump scam.
He has already admitted on public record that HPPN is broke and has no past sales or current revenue stream.
If he does not file and just closes the doors then creditors and shareholders can come after him and his personal assets because a half decent atty can link the consulting fees he has been paying himself as piercing the corporate vail.
If he files the courts do not look at or expore that because they view it as a standard way of doing business based on an established track record of doing so. Meaning the shareholders and creditors are stuck holding the bag and he walks away clean and able to transfer all the money into his private venture. AKA USAcigs.
So they are getting ready to do a reverse split again? That is the only way this SCAMTASTIC company is going to hit new highs!
The post were not TOS violations. They are in the same class as the Paid Pumper that admitted to it and they got deleted. Any post that puts ivestorshub in a bad light of having paid pumpers and the evidence to catch them get deleted. It is Investorshub bread and butter.
They learned the first rule of business. Never bite the hand that feeds you.
By reading your post on this board I am betting it is because you do not like the compitition.
Here is what is wrong with it! Peter is a covicted felon who pleed guilty to stealing money from one company that he was CEO of by signing a distribution deal with Binky Roo Software (a shell company created to steal money from the casino company. He was such a slime ball he named the company after his nickname for his two daughters.) and then paying the software company for software that never exisited.
Fast forward to today. He has a publicly traded, known pump and dump company, that has signed a distribution agreement with a private company that he also owns. He just raised the A/S to 1.5 billion and is selling shares to get the new venture with his privatly held company off the ground. What do you think his going to happen here? Do you really think he is going to dilute one company with the intention of paying the money back by his private venture paying his pump and dump scam so the owners of the 1.5 billion shares will see a dime in revenue or dividends? God I hope you are not that blinded.
What is really going to happen is Peter is going to dilute his pump and dump for all it is worth and then it will just sit idol and do nothing while he tries to make a run with his private venture.
LOL...How many IDs do you have? At least change your writing and grammer style if you are going to post with multiple IDs.
The prices used were volume prices. You never equated that HPNN is not getting the supplies from overseas himself. USACIGS is getting them from Electronic Cigarettes, INC from their overseas suppliers. His connections with overseas phone suppliers have nothing to do with USACIGs existing distribution agreement with Electronic Cigarettes, INC.
I am not hedging bets on "Compairing Websites". I am making statemens of FACT based on DD and phone calls to Electronic Cigarettes, INC and looking at their distribution agreements with vendors (ie USACIGS). HPNN and Peter are not in the mix with any shape form or fasion with the exception of USACIGs planning to use Peters nonexistant agreements with retailers from his failed attempts at peddeling cheap china cell phones to retail chains.
Here is where your math is not adding up. HPNN is not selling the product. USACIGS is selling the product. USACIGS is getting the product from electronic Cigarettes, INC. (You can check there websites if you want to verify. If you really want to have some fun put both sites up at once and see just how many pages USACIG just stole outright from electronic Cigarettes, INC.)
Out of the below $7.00 retail price they are hoping for they have to purchase the product from Electronic Cigarettes, Inc. and the person selling the product in the store front is not going to touch the product if they can not at least make 40% which is $2.80 per unit sold. That leaves $4.80 as a purchase base for the retailer. So for every unit sold, I say sold because products like this are always done on a consignment basis, the retailer pays USACIGS $4.80. USACIGS is not getting the product on consignment so they are having to front $4.08 for each unit they bring into inventory leaving them $0.72 cents Gross Profit for each unit sold. You have to take shipping, advertising, office and admin overhead, and labor out of that $0.72 cents profit for each unit which on average is going to run 70% of Gross based on a company that is run right leaving $0.21 cents Net profit per unit. OUT OF THAT $0.21 cents HPNN is going to get a cut.
Taking standard accouting and business priciples into account for USACIGS to even make $100,000.00 in profit in a calander year they would have to sell 476190 units. Since they are selling on consignment to the retailers they would need to keep at a min 25% inventory overage to handle restockings etc meaning they would have to keep 119047 unit on hand at all times. Based on there purchase price from the manufacture of $4.80 they would have a carrying cost of $571,425.60.
USACIG, even with the help of Peter dumping shares like crazy, can not run the company the way it needs to be run to even make $100,000 a year before they divided it up between the two of them. The credit market is horrid right now. Neither of these two gentlemen have a chance with a bank or a VC. One is not established (USACIGS is not a registered Corporation or even and LLC. It is a sole propritorship that started in late Feb 09) and the other is not reputable or credit worthy (please see all collections, leins, lawsuits, and back child support orders that are currently public record).
USACIGs could start out small as a one man operation in the local area and build it up to where he could make a very nice living at it over time but they do not have the capital, the know how, and with Peter in the mix the reputation to pull off a campaign blitz and be able to sustain it.
It just is not going to happan.
Dont forget LOTS and I mean LOTS of worthless shares of stock.
I have to admit it is a very miss leading PR. Peter wrote it where it would seem HPNN and USACIG were the ones who one the battle and were the ones being picked on by the big bad government when in fact they put out a PR that stated they agreed with a Judges ruling about an industry they have a pump and dump scam in.
Hey if it worked for Obama wanting world peace and getting the Nobel Peace Prize for it why can it not work for Peter.
How did Billy used to say it. A whole troup of limmings falling off the cliff.
News had nothing to do with HPNN, HPNN has no product, It was in fact a pretty good day for HPNN.
I stand corrected. He actually let it run today and gave investors a glimmer of hope. Unbelevable.
Its already slip sliding away. Did you really think Peter would not delute it back to the basement so he could make a quick $30 to $40 thouand to get some collection agencies and bill collectors off his back for a month?
Whatever. Look at the trades. Peter is dumping shares as fast as fools can pick them up. It will end the day where it started.
These are statements a CEO of a Pump and Dump Scam make. How can you have no problem IMPORTING your product into the US if they are made in the USA?
"We experienced no issues importing our electronics into the US market. Our product is better, less expensive, and the technology behind our cigarettes is made in America."
Dont you mean down down the tolit. This pump and dump is crashing on this great news that has nothing to do with HPNN.
To the first and second paragraph. Please refer to the posted instructions on how to get to the answer to these questions that you ask everytime someone post FACTS about HPNN that dispute your lies and starry eyed dreaming.
I have no problem with you waiting around for anything. You can sit and wait for the second coming of Christ for all I care. I have issues with your shameless pumping and inaccurite postings used to sucker in other investors while you try to recoup your loses. (IE. I am not worried about HPNN not trading a single share today. Lots of companies have that happen.)
Good attempt at a subject change but still waiting on those real publicly traded companies that 2 days out of 10 did not trade a single share.
OH I am so sorry Mr. Insane Obama. I was unaware that the world was not to bother you with questions and demand you back statements and or unbelivable claims up with pesky little things like facts.
I guess I need to apply for a job at FOX news because I have an IQ above 68 and I want the truth.
Really? Could you please list one or two real companies that are publicly traded who have two days out of 10 where not a single share was traded. Since many stocks do the same you should have no trouble giving some solid examples there.
There is one person who always has a reason to sell. Peter. He has billions of shares he has to dump. The only reason no shares traded is because this company and it's CEO are a POS and the investing world knows it.
LOLOLOLOLOLOLOL....you guys still think a paid basher would waste there time with this circling the bowl POS? Give me a freaking break.
Where are all the paid pumpers today? Why is it on days when not a share is traded or the stock goes down the paid pumpers are nowhere to be found?
I agree. The stock is not trading and he has to put out another pure BS PR that is 100% unverifiable in order to unload all those new shares he has been printing.
I expect the paid pumpers to be working it like a striper on port call over the next few days so enough shares can be sold to cover their salaries.
LOL..Right now I have it. I had to sit it down while I hunted for a rock in the carpet that popped out.
Let me get this streight. You are so disillusioned that you think this POS circling the bowl is can be compaired to MICROSOFT?
Sir, put the crack pipe down and step away please.
Thats great. You want to buy E-cigs go to the company that USACIGs is buying them from. Its called electronic Cigarettes, Inc. HPNN is not selling E-cigs. Peter is just mentoring USACIGS on the art of the pump and pump scam.
I am not freaked at all. I have 4 clear cut proven insider trading violations using your own post based against actual events that only Peter would know about. That being said you are either Peter or you are getting insider information from Peter.
How could possibly hit me where it hurts. I have years and years of truth about this Pump and dump scam and you have two weeks of doing nothing more then trying to get everyone to forget about Peters years and years of just being a pump and dump scam.
Tell me something Joker. The people you are putting down here are man (or woman) enough to have the same IDs since day one and have been proven right during everyone of Peters Pump and Dump Cycles. People like you on the other hand keep having to make new IDs and start over because if you come back as you old posting ID everyone will know that you are just like Peter. Unable to tell the truth.
LOL...What a bunch of BULL. It is the paid pumpers like you who always turn tail and run when the truth is really shown and Peters true colors are shown. You paid pumpers just get a new ID and come back later when Peter fires the printing presses back up. What you guys dont understand is you can look at your post now and look at the old pumper post and figure out who is who. Same paid pumpers without the backbone to come back under their past IDs to face the truth of their past lies and shameless pumping.
Because the ones of us who dont work for Peter like you do have gone through all of these lies before and we already know the outcome. By the way. I have copied all of your post here and forward them to Peters PO and the SEC to see if they find the same INSIDER TRADING tract that everyone else here sees.
Maybe you should check on the 4 or 5 other sights that show historical share prices that show the actual value of the stock or do you now want to do the additional DD since that one sight gives you a false warm and fuzzy about pumping this pump and dump scam.
Please click on that favorite link I walked you through for situations where you felt you needed to ask this insane question or a veriation thereof
The only way they could or would show trading at a penny for the rest of 2007 is MSN.COM just rounded the stock up to a penny. And as a case in point it is 2010 so as I stated earlier. HPNN has not scene a penny in YEARS.