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mathias1

02/05/10 10:51 AM

#18546 RE: jimstock #18543

jimstock: Michaels is the CEO of both Hop-On and USACig.

So what did he do...call himself, and ask if he wanted to enter into a distribution agreement with himself. He thought about it for a while, then telephoned himself to agree. He then met with himself, shook his left hand with his right hand, and signed the deal.

It would be VERY interesting to find out what kind of arrangement was made, whereby Michaels assumed the role of CEO of USACig.

Methinks it involves a ton of HPNN shares though.
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PRmaniac

02/05/10 11:00 AM

#18550 RE: jimstock #18543

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.
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PIZZABUSTER1

02/05/10 12:18 PM

#18557 RE: jimstock #18543

HECK YEAH IM GOING TO WATCH MY SHARES GROW INTO THE PENNIES I HAVE TAKEN TWO FLIPS OUT -- NOW ITS HOLDING AND WAIT FOR EXPLOSION TIME