Hop-on Shipping over $600,000 in Private Label Retail Electronic Cigarettes and Company Update
Hop-on retires long term debt holders to become virtually debt free public company
TEMECULA, Calif., July 20, 2012 /PRNewswire/ -- Hop-on, Inc. (OTC: HPNN.PK) announced today that it began shipping the private label electronic cigarettes. This initial order is projected to be over USD $600,000 retail which includes starter kits with batteries, chargers and nicotine cartridges.
Peter Michaels, CEO of Hop-on, stated, "Hop-on started shipping its OEM electronic cigarettes. Hop-on currently negotiated with its secured debt holders on retiring all debt of Hop-on. Hop-on will soon be debt free company with cash flow from its diversified businesses. We are focused on the manufacturing, quality control and distribution of our products and creating shareholder equity. www.Pinksheets.com will be updated soon."
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 multimedia 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:
Peter Michaels
http://www.Hop-on.com
http://www.USAcig.com
http://www.Hop-onMobile.com
http://www.911-E.com
Telephone:+1 949-756-9008
Email: [email protected]
SOURCE Hop-on, Inc.
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