jimstock - HOP-On didn't gain anything. HOP-ON CEO controls the E-cig company, although he failed to disclose this in his press releases.
HOP-ON's serial failures as a business are noteworthy. I have little confidence they will sell much of anything, and margins as a distributor in the few states annouce do not inspire confidence, either.
It would be interesting to see if a lot of preferred shares were converted and how quickly the O/S count is rising. Since hop-on reported being basically flat broke, in their last report, I'm not even sure how they are paying the rent or their stock promotion activities.