Hop On (OTCMKTS:HPNN) Stock Attempts To Rebound After The Recent Fall
Hop On (OTCMKTS:HPNN) stock was up in the previous trading session after the recent announced a news. The stock has lost over 5% over the past week.
Market Action
On Monday, OTLC stock surged 10% at $0.0062. More than 29.60 million shares have exchanged hands, below its average volume of 38.65 million shares. The stock opened at $0.0060 and moved in a range of $0.0055 – 0.0065.
Hop-on’s Webinar Successfully Demonstrated Its Robust Digitalage UI for the Trillion-Dollar Creator Economy Showcasing a Commercially Viable Decentralized Social Media Platform
Here are the highlights:
Hop On held their latest shareholder meeting Thursday the 30th of September, presenting the Company’s Digitalage social media platform to the largest live attendance to-date.
Peter Michaels, CEO of Hop-on stated: “I am beyond proud of our teams around the world and the great work they’ve achieved so far. I can’t wait for everyone to see what we have been working on behind closed doors. I am also so blessed to have the support of such wonderful shareholders. I attribute it to my dedication to being transparent, always fighting for the little guy, and not backing down on issues I firmly believe in. Digitalage is built with those standards engrained in everything we do. Since Facebook, Instagram and WhatsApp had issues today, and in light of the public outpouring against Facebook’s bias and hate towards certain groups being investigated in the Senate tomorrow, we are accelerating our efforts to publicly launch Digitalage.”
During the hour-long webinar, Michaels provided a brief update on the status of Hop-on and discussed potential partnership and investment opportunities. A live demonstration of the current closed beta of Digtialage.com was provided, showcasing some of the new compliance features that have been added, as well as a brand-new way of presenting text posts in a multimedia rich environment. Also discussed was the underlying focus of supporting direct transition to augmented reality, and interactive extended reality experiences.
The Company disclosed the global distribution of the team behind the Digitalage platform, from over 15 locations including Colombia, Mexico, Brazil, Croatia, Germany, Philippines, India, and the United Kingdom. In the United States, team members are spread across New Mexico, New York, Virginia, and San Diego, Orange County, and Los Angeles in California.
Trader Notes:
HPNN stock has outperformed recently with a s sharp rise of over 47% in the past 6-month. On the technical basis, the stock is trading well above its 200-Day SMA stand at $0.0039. Moreover, RSI at 58 signals that the stock is trading near the neutral zone.
