Friday, February 05, 2010 11:00:59 AM
HOP-ON's serial failures as a business are noteworthy. I have little confidence they will sell much of anything, and margins as a distributor in the few states annouce do not inspire confidence, either.
It would be interesting to see if a lot of preferred shares were converted and how quickly the O/S count is rising. Since hop-on reported being basically flat broke, in their last report, I'm not even sure how they are paying the rent or their stock promotion activities.
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