Hop-On Inc (HPNN)

[PRmaniac]

Pretty much doesn't matter for hop-on sales, IMO. The only material sales I think about is that obviously massive dilutive sale of HPNN shares going on in 2010 and the recent doubling of the number of authorized shares. Nothing about this doubling on their Nevada business filings, so far.

This dilution is material to common shareholders because:
1. their owned percentage of the total outstanding share pool decreases as shares are printed fast and furiously by the company.
2. new shareholders with possibly discounted shares or shares for promotion or other "services" can often be selling as soon as they can, to lock-in profit. This puts a lot of shares selling pressure into an already-hesitant pool of potential buyers. Result...the share price continues to slide.
3. Unknown relashionship with HOP-ON's leader and USACIG. Does hop-on get any actual money from them....ever? Haven't really seen any, yet.