Hop-On Inc (HPNN)

[PRmaniac]

Authorized shares are 5 billion
per pinksheets,

HPNN Security Details
Share Structure
Market Value1 $1,085,400 a/o May 13, 2011
Shares Outstanding 2,713,500,000 a/o Oct 26, 2010
Float 1,115,000,000 a/o Sep 30, 2010
Authorized Shares 5,000,000,000 a/o Oct 26, 2010
Par Value 0.001


Problem is: Nevada, their state of incorporation, has only authorized HPNN issue 2.5 billion shares.
Bigger problem: HPNN has issued more shares 2,713,500,000 than they have authorized.

Action Type: Amendment
Document Number: 20100106444-32 # of Pages: 1
File Date: 2/19/2010 Effective Date:
Previous Stock Value: Par Value Shares: 1,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 159,000.00 New Stock Value: Par Value Shares: 2,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 259,000.00