Thursday, November 05, 2009 10:24:21 AM
audited financials would have to resolve if ANY of those previous financials, which reported "sales", resulted in any real "revenue". Booked "sales" are not revenue unless the sales are completed and hop-on delivers and gets paid. I'm not sure any sales have been completed.
Those financials confirm no sales, no money in the bank, and no assets.
Could this have been orchestrated on purpose because of the default judgment against the company? Was HOP-ON ordered by a court to provide some kind of accounting of the company's financial condtion?
Was PM worried the SEC would suspend them for 10 days for not providing adequate info to the investing public, like is happening to so many other pink and grey sheet companies?
Did the fact that Scottrade won't allow any buys of HPNN shares and the fact pinksheets dot com has the huge warning about hop-on cause PM to get a bit nervous?
Who knows?
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