Hop-On Inc (HPNN)

[PRmaniac]

Because HPNN increased "convertible" preferred shares from 29 million to 120 million, HPNN will also have to increase the common share authorization to allow conversion of those shares to common shares (massive dilution or REVERSE SPLIT coming).

HPNN still owes Doty 75 million shares, but didn't have enough shares authorized to do this.

HPNN CEO will resign soon, too, due to his 5 new felonies and likely long prison sentence.