SOURCE: Hop-on, Inc.

December 07, 2007 13:41 ET

Hop-On's European Funding Attempting to Go Private, CEO Says NO!

IRVINE, CA--(Marketwire - December 7, 2007) - Hop-On, Inc. (PINKSHEETS: HPNN), a leading developer and marketer of wireless phones and accessories, and the foremost creator of mobile gambling technology, has announced the release of their non-audited financial statements through Pinksheets.com today.

The official audited financials are behind schedule and have not yet been fully completed due to issues related to financing and terms; however all pertinent information is now available via the online financial statements at www.pinksheets.com. With the interest of its shareholders in mind Hop-On apologizes for any inconvenience as a result of this delay. Hop-On's European funding company is attempting to go private, causing the audit to take more time than originally anticipated.

"My goal is to make sure that Hop-On remains a public company," says president Peter Michaels. "I want to do the right thing for our shareholders and make sure they will realize the greatest financial gains possible."

Hop-On is continually in the process of building and marketing the latest cellular phone technologies as well as expanding the company's interests into value-added services such as online gaming. "Now with Verizon and AT&T opening their networks, this will give Hop-On an advantage over Asian manufactures because of its Intellectual Property Rights. As a result, the company is currently moving forward with obtaining new products for the US and European markets," Michaels stated.

About Hop-On, Inc.

Hop-On (PINKSHEETS: HPNN) develops and markets wireless phones and accessories for emerging market and other domestic carriers and is best known for developing the world's first disposable cell phone. Currently, Hop-On is expanding into value-added services, like mobile gambling and SMS wagering. Hop-On's exclusive software will allow users to stream live interactive feed from legal jurisdictions to play poker, blackjack, roulette and baccarat on personal cell phones.

For more information, visit www.Hop-On.com.

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.

Contact Information

  • Contact:
    Danny Coleman
    949-756-9008