Hop-On Inc (HPNN)

[PRmaniac]

Pogie, hop-on is not an e-cig company, manufacturer, or anything but claiming to have an agreement to be a distributor and try to set up some e-commerce sites. I see no language about hop-on being an exclusive distributor, and Dave Worley even mentioned, " And we are looking forward to more distribution channels opening up to us in the near future."


If anyone had any money, they would instead do real advertising and other marketing. HOP-ON reports it has no money, and basically paid for almost everything through sales of shares.

Distributors have low margins and no margins if they don't generate sales or orders atributable to their efforts.

I'm wondering if the so-called deal actually involved transfer of ownership of series A and/or B preferred shares? Could someone else actually now control most of the preferred shares (other than PM)?