Hop-On Inc (HPNN)

[mghamberlin]

Here is what is wrong with it! Peter is a covicted felon who pleed guilty to stealing money from one company that he was CEO of by signing a distribution deal with Binky Roo Software (a shell company created to steal money from the casino company. He was such a slime ball he named the company after his nickname for his two daughters.) and then paying the software company for software that never exisited.

Fast forward to today. He has a publicly traded, known pump and dump company, that has signed a distribution agreement with a private company that he also owns. He just raised the A/S to 1.5 billion and is selling shares to get the new venture with his privatly held company off the ground. What do you think his going to happen here? Do you really think he is going to dilute one company with the intention of paying the money back by his private venture paying his pump and dump scam so the owners of the 1.5 billion shares will see a dime in revenue or dividends? God I hope you are not that blinded.

What is really going to happen is Peter is going to dilute his pump and dump for all it is worth and then it will just sit idol and do nothing while he tries to make a run with his private venture.