TEMECULA, Calif., Sept. 23, 2011 /PRNewswire/ -- Hop-on, Inc. (PINKSHEETS: HPNN) has been upgraded to "Pink Sheets Current Information" rating by the widely-used Over-the-Counter quotation service upon acceptance of the Company's most recent financial statements and other requested supplemental information.
"Hop-on has increased its authorized issuance of stock to 7.5 billion from 5 billion to take advantage of our lower stock price for potential Mergers and Acquisitions. Hop-on's stock is at its all-time low currently. The company's stock is only going to go up, and potential companies will want to take advantage of Hop-on moving forward. We have been in business for over 12 years and have wonderful opportunities for potential growth. Pink Sheets also quotes there is a larger percentage of short positions in Hop-on's stock.
"I have a plan to crush the shorts that hurt small cap companies. We have been in business for over 12 years and have wonderful opportunities for potential growth. In addition, our Cancun, Mexico, office is now fully functional and ready for business," stated Peter Michaels, President of Hop-on.
About Hop-on, Inc.
Hop-on, Inc. is a leading international manufacturer of electronics. Since the company's inception, it has been known for developing the world's first $10 disposable cell phone. Today, Hop-on remains one of the few U.S. based manufacturers of cellular technology. The Company currently develops and manufactures electronic cigarettes and cigars for distributors throughout the U.S. and internationally. Hop-on also offers multi-media services and has secured licensing agreements from essential patent holders for GSM, CDMA and WIFI technologies.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
SOURCE Hop-on, Inc.