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Re: luventemec post# 19182

Friday, 02/19/2010 7:18:28 PM

Friday, February 19, 2010 7:18:28 PM

Post# of 130360
The biggest question yet to be answered is this; "How will hop-on buy the product from China with NO MONEY, as stated in the current audit? I worked over 30 years as an Officer/CEO for major Fortune 500 companies. Off shore purchase REQUIRES that product be paid for PRIOR to shipment, with a LETTER OF CREDIT for the amount of the order, and it's drawn down as the order is SHIPPED, not received. Why a Letter of Credit? Because an Offshore company has NO WAY to Collect what is due them without sueing through the HAGUE. The Hague is behind schedule by about TEN YEARS. How do you pay, when you state you have no money, which MUST be reserved in a LETTER OF CREDIT prior to PRODUCTION? Has Hop-On EVER paid a dividend on any product they have supposedly sold? Some of you will win and some of you will lose, BECAUSE you believed the Press Release. Mean while, shares will be dumped and dumped, and dumped. Reality is UGLY!!