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Friday, August 13, 2010 8:48:15 PM
Financial reports should be signed by the CFO and the CEO both.
And "loans" to either related parties or insiders should be flagged as such in the financials.
We will never see any audited financial reports. Any accounting firm would just laugh at this spreadsheet HPNN calls their "financials".
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I was expecting revenue to be a trickle, just so Hop-On could keep the pretense to be a "start-up",
but $0 ???
Unbelievable.
Not sure in another $200K vanished in the Green Frog black hole, or if the $600K includes last year's $200K "long-term loan".
They are robbing the shareholders blind.
There is no expense for the purchase of a box of "anti-radiation chips" and no income from the sale thereof.
For the last 3 months, all the company did was to emit press releases.
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