InvestorsHub Logo

stealofadeal

02/04/11 9:30 AM

#26075 RE: mathias1 #26073

get your story straight the price is .0001 but not because of share structure

PRmaniac

02/04/11 1:10 PM

#26085 RE: mathias1 #26073

HPNN - even bigger problem....

Can't issue more shares that you have authorized in your state of incorporation.

If the O/S count HPNN gave to pinksheets is correct (above 2.5 billion shares) and we know they have only 2.5 billion shares authorized (Per Nevada SOS), then they could be in a bit of hot water with regulators.

Maybe thats why the DTCC took the action it did against HOP-ON, instituting clearing restrictions, etc.