Replies to post #76423 on Hop-On Inc (HPNN)

[billytbone]

Debt wasn't really cancelled but rather deferred for a year via series D preferred shares.

With all the alleged new product development and new offices will the report finally show more employees other than Peter?

[PRmaniac]

With all the preferred shares Petey gave out for the debt and the "supershares'" special voting and conversion rights, I'm not sure it helped Hop-On at all.

Now investors get to see the massive dilution of the common in around 10 months. The share authorization will have to be increased to around 20 billion shares.

It is likely Hop-On will reverse split long before the shares get converted to common. The PPS will drop significantly in anticipation of the massive dilution coming.

[MaxPowerLove$Ihub]

"cancelled debt "? Nice!

- Go HPNN