As a rule, a reverse means a company is a huge failure. In Hop-on's case, it is a total failure. We have learned conclusively that michaels is the absolute lowest scum, and an abject failure at business, so do not even think of buying his new stock, whatever the symbol might be. By the way, I think some people holding many milions of shares are not selling now, but will sell the second (not minute) the reverse comes into effect, thus helping to crash the price of the "new" shares by 9:30:05am the first day of trade. This process will be accelerated by michaels selling as many millions of shares as possible at the same time. Even a dozen press releases with the most phony hype won't be able to help.
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