HopTo Inc. (HPTO)

[greasemonkeyshoes]

My take....
In a nutshell,POS AM just an update/disclosure for the OFFERING* registration(rights to sell shares) to be valid/current.
From:
https://ih.advfn.com/p.php?pid=nmona&article=77375190
Disclosure(partial)
THE OFFERING*
Common stock outstanding prior to this offering: 9,804,400 shares (1)
Common stock offered for sale by the selling stockholders: 4,182,312 shares (2)
Common stock to be outstanding after this offering: 10,343,287 shares (3)

Use of Proceeds: We will not receive any proceeds from the sale or other disposition of the 4,182,312 shares of common stock offered by the selling stockholders under this prospectus. We will, however, receive up to $5,933,313 in the aggregate from the selling stockholders if they exercise, for cash, unexercised warrants to acquire 538,887 shares of our common stock. To the extent that we receive cash upon exercise of any warrants, we expect to use that cash for working capital and general corporate purposes.

Risk Factors: See the section entitled “Risk Factors” beginning on page 9 and other information included in this prospectus and Part I, Item 1A of our Form 10-K attached hereto as Appendix A for a discussion of factors you should consider before making an investment decision.

OTC QB symbol: HPTO


(1) As of April 17, 2018. This number excludes 698,119 shares issuable upon the exercise of warrants and (ii) 315,167 shares of our common stock, which are issuable upon exercise of our outstanding options. An additional 404,926 shares are reserved for future grants under our stock option plans.

(2) Includes 538,887 shares issuable upon the exercise of warrants held by the selling stockholders.

(3) Based upon our issued and outstanding shares of common stock as of April 17, 2018 and assumes the exercise of all 538,887 shares issuable upon the exercise of warrants held by the selling stockholders that are being offered under this prospectus and that no other warrants or options are exercised.

ps-this is a normal part of doing business,positioning big stakeholders be ready to liquidate their shares.This creates additional supply if followed through(sold),and it may affect the price negatively.