DISCLAIMER ON
FORWARD-LOOKING STATEMENTS

Certain statements contained in this report and the information incorporated by reference herein may contain “forward-looking statements” (as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements, which involve risks and uncertainties, reflect our current expectations, intentions, or strategies regarding our possible future results of operations, performance, and achievements. Forward-looking statements include, without limitation: statements regarding future products or product development; statements regarding future selling, general and administrative costs and research and development spending; statements regarding our product development strategy; and statements regarding future financial performance, results of operations, capital expenditures and sufficiency of capital resources to fund our operating requirements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and applicable rules of the Securities and Exchange Commission and common law.

These forward-looking statements may be identified in this report and the information incorporated by reference by words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “plan”, “predict”, “project”, “should” and similar terms and expressions, including references to assumptions and strategies. These statements reflect our current beliefs and are based on information currently available to us. Accordingly, these statements are subject to certain risks, uncertainties, and contingencies, which could cause our actual results, performance, or achievements to differ materially from those expressed in, or implied by, such statements. Investors are therefore cautioned against relying on forward-looking statements.

The following factors are among those that may cause actual results to differ materially from our forward-looking statements:

  • Need for additional capital;

  • Limited operating history in our new business model;

  • Our ability to successfully expand our operations and manage our future growth;

  • Difficulty in managing our growth and expansion;

  • Dilutive effects of any raising of additional capital;

  • The deterioration of global economic conditions and the decline of consumer confidence and spending;

  • Our ability to protect intellectual property rights and the value of our products;

  • Our ability to maintain a positive reputation; and

  • The potential for product liability claims against us;

  • Our dependence on third party manufacturers to manufacture our products;

  • Changes in laws or regulations, including those concerning taxes and tariffs, made by governmental authorities or regulatory bodies;

  • Our common stock is currently classified as a penny stock;

  • Our stock price may experience future volatility;

  • Volatile stocks are prone to bounce up and down;

  • The illiquidity of our common stock; and

  • The inability to redeem Shares;

  • Substantial sales of shares of our common stock.

  • Other factors not specifically described above, including other risks, uncertainties, and contingencies.

When considering these forward-looking statements, you should keep in mind the disclosed cautionary and any documents incorporated by reference. We have no obligation and do not undertake to update or revise any such forward-looking statements to reflect events or circumstances after the date of disclosure.

Actual results may vary materially from those in such forward-looking statements as a result of various factors. No assurance can be given that the risk factors described are all of the factors that could cause actual results to vary materially from the forward-looking statements. Investors are therefore cautioned against relying on forward-looking statements.

References to “Hop-on”, “Company,” “HPNN,” “we,” “our,” and “us” refer to Hop-on, Inc.