Hop-On Inc (HPNN)

[PRmaniac]

With all the preferred shares Petey gave out for the debt and the "supershares'" special voting and conversion rights, I'm not sure it helped Hop-On at all.

Now investors get to see the massive dilution of the common in around 10 months. The share authorization will have to be increased to around 20 billion shares.

It is likely Hop-On will reverse split long before the shares get converted to common. The PPS will drop significantly in anticipation of the massive dilution coming.