TEMECULA, Calif., July 6, 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 a product in which there is potentially a huge
demand. Over 10 million cigarettes are sold every minute each
day worldwide! Some of those smokers will want a smoking
alternative. We are in a business that no matter what the
economy is doing; they want to smoke cigarettes and have smoking
alternatives," states Peter
Michaels, HPNN's President.
Current Information Status is reserved for companies disclosing
adequate, mainly financial, company information publicly that
increases transparency, so investors can make informed decisions.
According to Pink OTC Markets, in 2009, the average dollar volume
per security, with Current Information Status, averaged
$81,259,055. This compares to a
$745,812 average amount per security
with "No Information", as the posted information, which is a very
substantial difference, according to Michaels.
Michaels also states, "Hop-on is focused on the OEM business
model for electronic cigarettes. Recently Hop-on is getting a
lot of requests for its "disposable cell phones" to be co-branded
with travel and hospitably industries domestically and
internationally."
Pink OTC Markets Inc. is a financial information and technology
services company that operates the leading electronic quotation and
trading system in the Over-the-Counter (OTC) securities market. The
OTCQX and Pink Sheets marketplaces that they operate constitute, by
dollar volume, the third largest U.S. liquidity pool for trading
public company shares, after The NASDAQ Stock Market, Inc. and The
New York Stock Exchange. Pink Sheets technology platform provides a
comprehensive suite of information products and trading services
for OTC market participants.
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.
Forward-Looking Statements:
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.
Hop-on:
Danny Coleman
1-949-756-9008
SOURCE Hop-on, Inc.