Finance 

Hop-On Inc (OTC:HPNN) Stock In Action After The Latest News

Ian Leigh

Due to key developments this past Friday the Hop-On Inc (OTC:HPNN) stock may well be the one to watch this morning and also over the coming days. Hence, it could be a good idea to look into the news a bit more closely and figure out its overall significance.

New Appointment

On November 22 the company announced that Digitalage, its subsidiary, had appointed a new President of Business Development and Public Relations in the form of Aaron Ravo. It was a significant new appointment from the company and one that needs to be looked into closely.

Strong Track Record

In the news release, Hop-On stated that Ravo boasted of a distinguished record in the realms of strategic partnerships, capital raising and product commercialization. In his new role, he would be responsible for leading the efforts of Digitalage to build relationships, generate higher levels of funding and boost product commercialization.

Lastly, he would also be focussed on bringing about greater speed in the market launch of the platform. He had been involved as founder and Chief Executive Officer of a number of start ups, where he had been successful in raising considerable capital multiple times. It could be a good time to keep an eye on Hop-On.

Aaron Ravo’s Vision for Digitalage

“Joining Digitalage as President is an incredible opportunity to leverage my fundraising expertise and investor network to bring this transformative platform to life. Digitalage is poised to redefine the social media landscape by addressing the industry’s most pressing challenges. Investors are always seeking high-potential opportunities, and I believe Digitalage offers an unmatched proposition for growth and value creation.”

Technicals

+/- EMA(20)0.0006 (+33.33%)
+/- SMA(50)0.0005 (+60.00%)
+/- SMA(200)0.0004 (+100.00%)
5-Day Perf.+14.29%
1-Month Perf.+33.33%
3-Month Perf.+100%
6-Month Perf.+60%
YTD Perf.+100%
1-Year Perf.+100%
RSI(14)61.8
ATR(14)–
ADX(14)49.45
Beta (5Y)-17.79

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.