Replies to post #88342 on Hop-On Inc (HPNN)

[PRmaniac]

Hop-On would like to reverse split, but likely cannot do one, because they still have the DTC Chill imposed.

Since when does anyone believe anything that the Hop-on CEO spews?

I see he isn't tweeting that he is visiting Hop-On's China office anymore. I've heard that one cannot renew their passport with massive child support obligations, like this deadbeat dad (the CEO) apparently owes.

I think he is more than a bit worried because two of his former legal counsel have now been indicted. No indication that those crooks did similar things while working for Hop_on, but who knows what the investigations of his former lawyers will reveal?

Indicted lawyer Pittera is still listed as Hop_on legal counsel on updated (by Hop-On) company info on the OTC. There is even a somewhat recent opinion letter from Pittera......

Indicted lawyer Richard Weed is in huge trouble with the law and the SEC, too.

[DoF]

If Michaels were to keep this entity going, a reverse split would wipe out those annoying small investors and satisfy the insiders.

However there are regulatory hurdles, and payments required.

Probably not worth the effort on Michaels behalf.