Hop-on Has Letter of Intent to Acquire USAcig
27 7월 2010 - 12:35AM
Marketwired
Hop-on, Inc. (PINKSHEETS: HPNN) announced today that it signed a
Letter of Intent to acquire USAcig. USAcig is the premier US-based
Electronic Cigarette Manufacturer.
Jay Pignatello, President of Hop-on, stated, "Hop-on is
diversifying its business model to acquire fully operational
businesses to bring revenue to its bottom line."
About Hop-on, Inc. Hop-on, Inc. (PINKSHEETS: HPNN) offers
multimedia services and has secured licensing agreements from
essential patent holders for GSM, CDMA and WIFI technologies. Since
its inception, known for developing the world's first disposable
cell phone, Hop-on currently remains one of the few US-based
manufacturers of cellular technology. The Company also distributes
The Electric Cigarette™ and The Electric Cigar™.
About USAcig, Inc. USAcig is the only US-based manufacturer
making the actual nicotine cartridges/products in the US. The
Electric Cigarette™ is an alternative to traditional tobacco
products. It is a battery-powered device providing inhaled doses of
nicotine by delivering vaporized water, propylene glycol, nicotine
solution and other non-carcinogens. In addition to nicotine
delivery, this vapor also provides a flavor and physical sensation
similar to that of inhaled tobacco smoke, while no tobacco, smoke,
or combustion is actually involved in its operation. USAcig, Inc.
is a US-based manufacturer of The Electric Cigarette™ and The
Electric Cigar™. USAcig manufactures its cartridges in the United
States and the electronics are manufactured in China. USAcig also
has US-based doctors on its board monitoring and supervising
medical related issues or opportunities. For more information,
visit http://www.USACIG.com/.
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
future 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: Hop-on: Danny Coleman 1949-756-9008 Email Contact
USAcig: David Worley 1866-331-3244
Hop On (PK) (USOTC:HPNN)
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