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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hop On Inc (PK) | USOTC:HPNN | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0006 | 0.0005 | 0.0007 | 0.0007 | 0.0005 | 0.0005 | 16,242,959 | 20:40:08 |
http://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm225224.htm
The FDA letters of warning stated that the companies are in violation of federal laws by making unsubstantiated claims about the product, incompliant marketing standards to quit smoking and for poor manufacturing practices.
Peter Michaels, CEO of USAcig, Inc., said, "Being in regulation of the FDA is one of our top priorities. As a company, we understand the importance of compliance in marketing standards, quality control and claims of our products. In order to maintain good standing with the FDA, we have recently redesigned our packaging, clearly stating that our product is not a smoking cessation and also removed all flavors except tobacco and menthol from future sales and distribution."
Also today, FDA submitted a letter to the Electronic Cigarette Association, stating the agency's intention to regulation electronic cigarettes and related products in a manner consistent with its mission of protecting the public health. The letter outlines the regulatory pathway for marketing drug products in compliance with the FDCA.
The determination of how the devices will be classified is still not defined with the Food and Drug Administration.
About Hop-on, Inc. Hop-on, Inc. offers multi-media 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, Inc. 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, Inc. manufactures its cartridges in the United States and the electronics are manufactured in China.
For more information, visit www.USAcig.com.
USAcig: Peter Michaels 1-866-331-3244 Email Contact Hop-on: Danny Coleman 1-949-756-9008 Email Contact
1 Year Hop On (PK) Chart |
1 Month Hop On (PK) Chart |
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