Hop-On Inc (HPNN)

[BigHorn951]

Look at the Financials it will show the profits that have been made already this year.
This link should help http://www.otcmarkets.com/stock/HPNN/filings

HOP-ON, INC.
STATEMENT OF OPERATIONS For the Three months ended March 31, 2014
2014 2013
Sales $148,307 $792,700
Cost of Sales -85,222 -679,887 Gross Profit $63,085 $112,813
General and Administrative Expenses -56,740 -248,216
Net Ordinary Income 6,345 -135,403
Other Income Other Income 0 0
Total Other Income 0 0
Net Income before Taxes 6,345 -135,403
Provision for Income Taxes 0 0
Net Income $6,345 -135,403

HOP-ON, INC.
STATEMENT OF OPERATIONS For the Six months ended March 31, 2014

2014 2013
Sales $287,464 $792,700
Cost of Sales -170,364 -679,887
Gross Profit $117,100 $112,813
General and Administrative Expenses -107,936 -248,216
Net Ordinary Income 9,164 -135,403
Other Income Other Income 0 0
Total Other Income 0 0
Net Income before Taxes 9,164 -135,403
Provision for Income Taxes 0 0
Net Income $9,164 -135,403

Any other questions? Take a look at the difference in sales compared to the previous quarter. HPNN made $139,157 in sales since Last financial reports. The Net income doesn't mean much because this is a development company so the profit that was made went back into the further growth of a company remember this is a PINK not a QB so you cant expect much profit when your trying to grow your business bigger its exactly what people like to see because if profits are being made and are not used to the further development of the company than I would be worried...
Most of that profit was made from the Licensing agreement between HPNN and Telepooch. People don't understand you don't need product to make money.
Microsoft makes over $2 billion in profit just from Licensing fees and that is just from ANDRIOD aka Google. That doesn't even include all the other company's that pay Microsoft fees. http://www.androidauthority.com/microsoft-2-bill-android-315034/