Hop-On Inc. announced that it has a signed Letter of Intent with a Chinese Manufacturer anticipating $100,000,000 in revenue under the IPR enjoyed by the company. This Letter of Intent calls for an initial payment of $150,000; ongoing intellectual property royalties in accordance with the Company's IP agreements; and the distribution of this Chinese manufacturer's products, initially a smartphone, in the United States and Europe, under the Hop-on brand.
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- Hop-On Inc. Signs Letter of Intent with Chinese Manufacturer