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Re: mathias1 post# 19480

Thursday, 02/25/2010 3:43:42 PM

Thursday, February 25, 2010 3:43:42 PM

Post# of 130303
there were more shares issued than traded during the period from Jan 6th to the 26th, but it is close enough to know that pretty much all shares traded during that dilution were dilutive shares issued by HOP-ON. There were approximately 392 million shares traded during that period.

I see you caught that the Nevada SOS website reveals no effective date for the 2.5 billion share authorization. Not sure if this means they can only dilute to 1.5 billion shares until it becomes effective. I'm guessing they are pretty close to the 1.5 billion share limit since Jan 26th last update from the company.

Maybe this is why they haven't been issuing the fluff press releases. They may be waiting until they can dump hunbdreds of million more dilutive shares on unsuspecting bagholders.