News Focus
News Focus
icon url

MoMoney4me1

09/01/14 9:55 AM

#79925 RE: MoMoney4me1 #79924

Hop-on has developed a standard program in which OEMs can take advantage of Hop-on's licenses to bring products into the US. There are hundreds of companies selling unlicensed products to Walmart, Costco, Target and other big box retailers. Essential patent holders have already worked to restrict imports from some OEMs that are in violation, but could find it much easier and effective to directly go after the US retail giants selling those unlicensed products.
icon url

MoMoney4me1

09/01/14 9:57 AM

#79926 RE: MoMoney4me1 #79924

With the cost of patent litigation skyrocketing into the many millions of dollars, Hop-on believes this program will save OEMs millions and avoid disruption of their current US sales. Hop-on will be able to quickly establish with Microsoft that royalties on imported products have been paid, allowing OEMs and their US retailers to avoid the risks of expensive and complicated litigation.
icon url

MoMoney4me1

09/01/14 9:59 AM

#79928 RE: MoMoney4me1 #79924

Peter Michaels, CEO of Hop-on, stated, "There are dozens of major OEMs selling unlicensed smartphones, tablets, eReaders, navigational devices, smart TVs and set top boxes into big box retailers that are violating Microsoft's patents on Android and Chrome. Essential patent holders have every right to seek legal recourse, and the US and European retailers are not immune. Those retailers are sitting on unlicensed products and receivables that can be subject to court orders to stop sales, have Customs prevent imports at the border, or even require the destruction of any products held."
icon url

Frayed Knot

09/01/14 10:01 AM

#79929 RE: MoMoney4me1 #79924

Listening to CNBC news (last week) it seems that China doesn't want anything to do with MS, they hate MS.

Seems like things could be tough for HPNN, with that kind of hostility. Unless of course, Petey is going to have his own phones made. They would take his money to make the phones.. oh wait, what money. Anyway, if he wants to make his phones there (even though he is a "U.S. Manufacturer" according to the PR back in Feb) that's one thing but I am not sure that the other deal that has been talked about is gonna work out. Not with that hostility.

Of course, I could be wrong, just SPECULATING, like others have done.
icon url

MoMoney4me1

09/01/14 10:05 AM

#79930 RE: MoMoney4me1 #79924

TEMECULA, CA, United States, via eTeligis Inc., 07/02/2014 - - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) operations in China have been boosted by the recent public acknowledgment by the Chinese government that patents owned by Microsoft are essential to devices using Android Operating System or Chrome. Hop-on is negotiating with OEMs of tablets, smartphones, televisions, set-top boxes, eReaders, portable navigation devices, and the like that can benefit from Hop-on's license agreement with Microsoft.