Actually, bankruptcy is a constant risk for a company that is $9M+ in debt and has left a trail of furious investors, partners and suppliers along the way. Being a mere PO Box has shielded the company of the consequences of many of its past thefts.
But the real risk heavy dilution, and the subsequent Reverse Split, which will make all your $0.0001 shares worthless. I mean, worthlesser than they are now.
Another risk is that the SEC revokes the stock altogether, for a long list of offenses. When it happens, it will happen in 2 phases: first the stock trading will be suspended for 15 days, and then, about 45 days later, the stock will be revoked for good.
Good luck being able to get $0.0001 when that happens.
Good post... Gotcha marked. It won't take much to make HPNN run and with the launch of the Tourism Phone on top of the ecig revenue base Hop-On Inc. is much more than a cookie cutter going concern. In this situation bankruptcy is a laughable threat... The April 9 2012 filing states no pending or contemplated splits. The diminishing burn and dilution rates are @ the tipping point!
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