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Re: Frayed Knot post# 93913

Wednesday, 10/18/2017 5:55:04 PM

Wednesday, October 18, 2017 5:55:04 PM

Post# of 130148
Yep, HPNN - no business license (confirmed)

It is a foreign corporation (not a LLC) with headquarters in California. It uses a mail drop box as its headquarters.

It is required to maintain a business license and file tax statements and pay the fees, even if it is not required to pay taxes.

Since Hop-ON is now in the schedule 1 illegal drug business, it can no longer take any of the deductions of business expenses, etc. federally. It also could have its bank accounts closed if they find out Hop-On is involved in the schedule 1 drug peddling business.

Thanks for the info. I believe we have gone through this before, including actual contact with the State to confirm, which does a poor job of enforcement. They should have been revoked a long time ago, especially after having Hop-On's first business license taken away from it and trying the revival thing and failing.

Even worse, Hop-ON is violating Nevada securities laws by not maintaining a registered agent. Thus, Nevada revoked the central key index. Maybe they will get revoked or SEC-suspended next?