Wednesday, June 30, 2010 3:07:44 PM
They also failed to disclose in press releases that they actually didn't win a deal with USACIG, but actually did an "Inside Deal" because Peter Michaels was actually CEO of USACIG. Pretty fishy when they avoid disclosing that information in the fluff PR's.
Do you like the fact that PM drained (spent) the company of all cash and had assets plummet just prior to him resigning from hop-on?
Do you like the fact that the so-called disposable phone they were/are touting they developed was actuallt found to be a disguised Nokia phone and that PM denied it until a SF Gate news reported proved hop-on was using someone else's product without permission and claiming it was a hop-on product?
Do you like the fact that they have been dumping tons of shares to stay afloat a little longer?
I can't think of any reason to like this company and their business model or disclosure practices.
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