Hop-On Inc. (HPNN.OB) states “We Are Not Patent Trolls”
Cellular phone development company Hop-On Inc. (OTCBB: HPNN) announced that the Central District Court of California has legally permitted the company to continue the use of its Graffiti Wireless trademark today, prompting a few share price spikes during the day until prices settled around .0130 a share, an 18 percent increase over Hop-On's opening price."The basic fact is now Hop-On can complete all outstanding contracts with the trademark, which was previously ordered by the court as illegal," Peter Michaels, Hop-On's CEO, told MN1's Saul Albom in an exclusive interview today. The story behind the litigation is relatively well-known; Hop-On and…