Hop-On Inc (HPNN)

[sidehill lie]

Yes, trk, I was impressed with HPON's presence at CES two months ago. I bought-in based on my positive opinion at that time. But now I feel as though I was suckered.

As they say, actions speak louder than words, and the action of massive share dilution, is, in my opinion, more telling than any PR's or nice display at CES. It tells me they have no sales, no revenue. Or if they actually are selling product, then they must be squandering funds hand over fist.

What kind of salaries is mgmt drawing? Did they fly 1st class to Europe? Stay in the finest hotels? I'm just wondering where the millions have been going if this company actually has revenue. Or is this venture just a "make-work" program for mgmt that couldn't get jobs elsewhere?

Any other stock would jump on news like today's. But as others on this board have make clear, mgmt uses every positive PR to dump more shares into the market.

That's why, at this point, nothing short of recent, audited financials will change my feelings. I'm not talking about 12/31/03. Let's see 12/31/04. If my current opinion is proven wrong, I'll gladly apologize.