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Thursday, November 05, 2009 7:51:24 AM
On one side, you have Michaels' probation officer watching him.
On the other, you have the Pinksheets issuing strict warnings about the company, including possible insider trading.
I believe that these "financials" would be much much much much worse if they were AUDITED by an outside firm. In their current form, these "financials" are vague at best.
Hop-on is on its last leg. With no business to speak of, Michaels had to protect his only source of income...dumping shares. Hence, the release of the "financials" in hopes of removing the Pinksheet warnings.
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