HPTO

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hopTo Inc.
Hopto Logo
Traded on:
OTC PINK
Today's Price: 0.1799
Today's Volume: 0
Price Change: +0.0119
Recent High: N/A
Recent Low: N/A

Chart

Pumped and Dumped?

Clean as of 5/29/2014


Positives

Large cash reserves.

The company brought in over a million in revenue (although had an ultimate loss)

The management is extremely strong with Ex-IBM, Microsoft, Citrix members towards the top of the company.

Low float of only 114,473,019

Low auth shares of only 195,000,000

Company wants to uplist to the NASDAQ


Concerns

The company is operating at a loss

They are in competition with companies like Google and Microsoft for market share.

The stock price has been bleeding for some time, although may be finding bottom now.

The company does have authorization for a reverse split, it is unlikely that this will be used unless the stock price increases massively as Hopto will only use it to help them list to the NASDAQ (per most recent 10Q, this has been approved for at least the last 2 years so it's unlikely to be used).

News

hopTo Invited to Present at the 27th Annual ROTH Conference
[PR Newswire] - CAMPBELL, Calif., Feb. 12, 2015 /PRNewswire/ -- hopTo Inc. (HPTO), developer of the most comprehensive mobile productivity platform, announced today that its President and C...
2015-02-12 22:11:00
hopTo Inc.'s Subsidiary, GraphOn Corporation, Releases Upgrades to GO-Global for Windows
[PR Newswire] - CAMPBELL, Calif., Feb. 4, 2015 /PRNewswire/ -- hopTo Inc. (OTCQB: HPTO), developer of the most comprehensive mobile productivity platform, announced today that its wholly-ow...
2015-02-04 13:30:00
hopTo Launches Mobile@Work Partner Program
[PR Newswire] - CAMPBELL, Calif., Jan. 22, 2015 /PRNewswire/ -- hopTo Inc. (HPTO), developer of the most comprehensive mobile productivity platform, announced today the launch of its Mobile...
2015-01-22 13:30:00
hopTo Inc. Announces New Strategic Partnership with Entisys Solutions
[PR Newswire] - Together with its Southern California division, Agile 360, Entisys Solutions will be targeting new Microsoft partners for hopTo Work, hopTo's recently launched solution...
2015-01-15 13:40:00
HOPTO INC. Files SEC form 8-K, Change in Directors or Principal Officers
2014-12-11 11:01:39
Radware Ltd. (RDWR) in Focus: Stock Adds 5.5% in Session
[Zacks] - Radware Ltd. (RDWR) was a big mover last session, as the company saw its shares rise more than 5% on the day.
2014-12-05 12:26:04
HOPTO INC. Files SEC form 8-K, Regulation FD Disclosure
2014-12-02 22:18:46


Upcoming Expectations

In the coming months (to a year) hoTO expects to increase its company userbase. They currently have hundreds of thousands of users (many from the consumer release of their product) and plan on using the consumer release to driver customers to the business version. hopTo sees itself as a business solution and not intending to greatly profit from the general consumer. The company has lowered its losses from $3.9 million to $672,000 in the previous year and could be close to profitable by the next year. With an extremely strong management team, this company could go a long way.

hopTo, Inc

Is a developer of cloud application delivery software for multiple computer operating systems and an innovator of a unique mobile productivity workspace application. It focuses on developing web-enabling applications for use and resale by independent software vendors (ISVs), corporate enterprises, governmental and educational institutions. The company operates in two business segments: Software and Intellectual Property. The Software segment include all available versions of the GO-Global family of products, OEM private labeling kits, software developer's kits, maintenance contracts and product training and support. The Intellectual Property segment provides licenses to its intellectual property. hopTo was founded by Walter Keller in 1982 and is headquartered in Campbell, CA.[1]



Company Officers

Eldad Eilam President, CEO

Mr. Eldad Eilam has been the Chief Executive Officer at HopTo Inc (formerly GraphOn Corp). since August 20, 2012 and serves as its President. Mr. Eilam served as an Interim Chief Executive Officer of GraphOn Corp. since April 13, 2012. Mr. Eilam served as an Acting Chief Executive Officer of GraphOn Corp. since March 2012. He served as the Chief Operating Officer of GraphOn Corp. since January 10, 2012. He served as the Chief Technology Officer of GraphOn Corp. since August 9, 2011 and served as it's consultant Since June 2010. He served as President of Elgix, Limited since April 2009 until July 2011 and served as consultant to the high-tech industry. In 2004, he founded Elgix, Limited, a consulting firm to the high-tech industry. Mr. Eilam served as its initial President until his appointment as Chief Technology Officer. From July 2006 to March 2009, he served as President of GraphOn Research Labs, Limited, Israeli subsidiary. Mr. Eilam is a technology expert in the Windows operating system, mobile user interfaces and advanced software development tools. Before joining GraphOn, he served a technical position at Microsoft Corp. and senior positions at Emblaze and Menta Software. He has been the author of the book Reversing: Secrets of Reverse Engineering. He has been Director of GraphOn Corp. since March 2012.[2]


Robert Dixon VP of Finance.

Mr. Robert L. Dixon serves as Vice President of Finance at HopTo Inc. and has been its Secretary since 2012. Mr. Dixon has been Secretary of GraphOn Corp. since May 14, 2012 and also serves as its Principal Accounting Officer and served as its Controller from March 2000 to May 2012. Mr. Dixon served as a Principal Financial Officer and Principal Accounting Officer. Prior to joining GraphOn Corp., from September 1998 to February 2000, Mr. Dixon served as senior internal auditor for Johnson and Johnson, and from April 1996 to September 1998, he served in the consulting division of Moore Stephens, P.C., an international public accounting firm, as supervisor of audit technology. Prior to joining Moore Stephens, Mr. Dixon held various managerial and staff positions with leading companies in the oil and gas and financial services industries, including Hess Corporation and PricewaterhouseCoopers. Since June 2010, Mr. Dixon has served as a Director and Treasurer for Pacific Collegiate School, one of the nation's top performing public charter high schools. From February 2005 to May 2010, Mr. Dixon served as a Trustee and Treasurer for Santa Cruz Montessori School, a private elementary school. Mr. Dixon is a graduate of the University of New Haven and is a Certified Public Accountant in the State of New Jersey.[3]

Jean-Louis Casabonne Chief Financial Officer

Mr. Jean-Louis Casabonne has been Chief Financial Officer of HopTo Inc. since May 8, 2014. Mr. Casabonne is a seasoned executive with over 25 years of corporate finance, business development and senior management experience. He has a proven track record of operating in senior finance positions in companies ranging from the Fortune 500 to the tech start-up world. He served as Chief Financial Officer of Quova Inc. Mr. Casabonne managed all financial aspects of Quova's business. He was responsible for guiding Quova, Inc. growth, including subscription and license revenue, and all corporate financial matters. He was retained by Neustar Inc., following the acquisition of Quova, as director of business development and strategic evangelist and was responsible for managing key customer relationships and developing new business partnerships. Mr. Casabonne was Co-Founder of Inxight Software, Inc. and served as its Chief Financial Officer and Vice President of Finance & Operations. He previously held several financial management positions at Xerox, where he helped launch three subsidiary companies, and was Director of Finance at Victory Technology, Inc. He began his finance career at Lockheed Missiles & Space Company, and has been involved with other entrepreneurial businesses. Mr. Casabonne holds a Bachelor's of Science degree in Business and a Master's of Business Administration degree from Santa Clara University.[4]

Justin Cloutier VP of Business Development

Director OEM Sales - IBM Avocent Corporation August 1998 – April 2008 (9 years 9 months)Raleigh-Durham, North Carolina Area Led all aspects of the relationship between IBM and Avocent, the world’s largest manufacturer of data center management hardware and software. Oversaw a global technical and sales team and all marketing, product management and operational logistics. Developed and executed long-term account strategy.

Sr. Director Strategic Alliances Citrix April 2008 – July 2011 (3 years 4 months)Raleigh-Durham, North Carolina Area/Seattle, WA Led team responsible for all system and device manufacturers, including relationships with the company’s largest partners. Managed an increase in OEM partnerships and a philosophical shift following Citrix’s acquisition of XenSource, which allowed the industry-leading software solutions company to penetrate the virtualization market.

VP Business Development ServiceMesh July 2011 – November 2012 (1 year 5 months)Greater Los Angeles Area Increased strategic partnerships for the agile cloud management platform developer, with a focus on increasing enterprise relationships, enabling greater penetration into the Global 2000 and attracting strategic investments.

VP Business Development hopTo October 2012 – Present (1 year 8 months)Greater Seattle Area Responsibility for all business strategy, partnerships and channel for the new productivity app for iPads. A true mobile workspace for the tablets. Create, Edit and share files from any cloud storage as well as the document that are on your own PC.[5]


Troy Mickle VP of Marketing

Unable to find much information on person, their linked in can be found:

https://www.linkedin.com/in/troymickle

John Cronin Independent board member

John Cronin, age 58, has served as one of our directors since August 2011. Mr. Cronin is the founder, managing director and chairman of ipCapital Group, Inc., an intellectual property strategy firm, with which we have formed an alliance to deploy a range of strategic invention and intellectual tactics aimed at accelerating the growth and commercialization of our IP portfolio. Prior to founding ipCapital in 1998, Mr. Cronin was an inventor at IBM for 17 years where he patented 100 inventions, published over 150 technical papers and received IBMs Most Distinguished Inventor Award. We believe that Mr. Cronins qualifications to serve on our board include his over 30 years experience developing and consulting with the development of high-tech intellectual property and his extensive knowledge and understanding of the high-tech industry. Mr. Cronin serves on the board of directors of Document Security Systems and Imageware, each of which is a publicly-held company. Mr. Cronin also serves on the advisory board of , Armor Designs, Inc. and Primal Inc., Spectrum Bridge, ParkerVision all of which are privately-held. He holds a BS in Electrical Engineering, an MS in Electrical Engineering and a BA in Psychology from the University of Vermont.[6]


Michael Brochu

Mr. Michael A. Brochu, also know as Mike, serves as a Director of GraphOn Corporation; Allrecipes.com, Inc.; Global Market Insite, Inc., and Washington Software Alliance. Mr. Brochu has been an Independent Director of Hipcricket, Inc. since June 17, 2013. He has been a Director of OnHealth Network Co. since April 1997, Loudeye Corp. since December 2003, Zotec Partners, LLC, and Captura Software, Inc.(alternate name Captura, Inc.) since October 2000. He has been a Director of Integrated Systems, Inc. since April 1998. Mr. Brochu serves on the Boards of the WSA, The Vines of Mendoza, Centro Digital Media, and several public and private technology companies. He also sits on the Advisory Boards for two venture capital firms including Voyager Capital. He is a technology executive and has over 20 years of senior-level experience and operational excellence, including senior executive and directorship positions in emerging growth technology, software, and digital entertainment companies including Primus Knowledge Solutions, and Sierra On-Line. He has experience in outsourced business solutions and has guided Primus into becoming one of the first technology companies in the country to transfer its client-server software solutions to the Web. He served as the Chief Executive Officer and President at Global Market Insite, Inc. Previously, Mr. Brochu served as the President and Chief Executive Officer at Global Market Insite, Inc. He served as the President and Chief Executive Officer of Loudeye Corp. since January 31, 2005. He grew the revenues of Loudeye Corp. almost 90 percent year over year and positioned it for acquisition by Nokia in October 2006. During his two-year tenure, he instituted a system of strategic, business, operational, and financial metrics to better manage the exponential growth in the company's digital download business. He developed strategic partnerships with major industry players including Nokia, Microsoft, MSN, MTV, Target, O2, and Cingular Wireless, as well as strong relationships with content providers, including major record labels such as Sony, Universal, Warner, and EMI. From 1987 to July 1994, Mr. Brochu served in the positions of the Senior Vice President, Chief Financial Officer, and Chief Operating Officer at Burlington Environmental, Inc. From 1982 to 1994, he held several executive positions at Burlington Northern, Inc. From November 1997 to November 2004, he served as the Chairman, President, and Chief Executive Officer at Primus Knowledge Solutions, Inc, which he took public in 1999. He transformed Primus Knowledge Solutions from a small private business with a single product into a publicly traded company with a market-leading software suite, a European presence, and a worldwide customer base. Mr. Brochu helped in facilitating the November 2004 acquisition of Primus by Art Technology Group (ATG). Prior thereto, from October 1995 to October 1997, he served as the President and Chief Operating Officer at Sierra On-Line Inc. (alternate name Sierra Entertainment, Inc.) and the Chief Financial Officer and Executive Vice President from July 1994 to October 1997. While at the firm, he led efforts to grow revenues by over 300 percent, culminating in the sale of Sierra On-Line to CUC International for U.S. $1.1 billion in 1996. He served as a Senior Vice President at CUC International, Inc. since July 1996. He served as the Chairman, President, and Chief Executive Officer at 2 Order, Inc. and Imparto Software, Corp. From November 1998 to November 2004, Mr. Brochu served as the Chairman of the Board of Directors of Primus. He served as Executive Chairman of OnHealth Networks from 1997. He serves as a Director of HopTo Inc. He served as a Director of Primus Knowledge Solutions Inc. since November 1997; Art Technology Group Inc. from November 2004 to January 5, 2011 and EmPhysisMed.com (alternate name Emphysis Medical Management). He was named Ernst & Young's Entrepreneur of the Year in 2000. Mr. Brochu received his B.B.A. in Accounting and Finance from the University of Texas at El Paso.[7]

Contact Info:
1919 S. Bascom Avenue
Suite 600
Campbell, CA 95008

Website: http://www.hopto.com
Phone: 800-472-7466
Email: investors@hopto.com


Share Structure

Market Value: $11,961,989 a/o May 28, 2014
Shares Outstanding: 98,510,622 a/o March 31, 2014
Float: 114,473,019 a/o March 31, 2014
Authorized Shares: 195,000,000 a/o March 31, 2014
Par Value: 0.0001[8]


Stock Changes

None of note[8]

Former Companies

GraphOn Corp. until 9-2013
Unity First Acquisition Corp. until 7-99[8]


Financials

As of 5/15/2014 Q1 10Q

Total Current Assets: $4,288,000
Cash: $343,503
Gross Profit: $1,145,600
Total Operating Expenses: $2,950,300
Total Other Income: $1,133,700
Net loss: $672,500
Total Stockholders' Equity :$910,000
[9]

hopTo Software

Centralize file and document access on Box, Dropbox, Egnyte, Google Drive, OneDrive and your computer with hopTo. Then search for a document across everything and perform edits with a cloud-based version of Word that’s native to the iPad. All in your own personal cloud of documents, files and Office applications.

Access, find, edit and share your files and documents with hopTo. Create and edit Excel and Word documents and save them in cloud storage. Download photos to your iPad and search the web for images and insert them into documents. Finally full productivity comes to the iPad with an intuitive multitasking user interface.

Be productive whether at home, at work or on the road with hopTo. Our cloud-based services and touch-friendly iPad app enable you to get your work done from anywhere! In Word, track changes, create tables, insert images, and more. In Excel, format cells, edit formulas, merge cells and more.[10]

Sources

  1. http://quotes.wsj.com/HPTO/company-people | HPTO description | Accessed: May 29, 2014 | Publisher: WSJ
  2. http://investing.businessweek.com/research/stocks/people/person.asp?personId=139195224&ticker=HPTO | Eldad Eilam Profile| accessed=29 May 2014 | publisher=BusinessWeek |
  3. http://investing.businessweek.com/research/stocks/people/person.asp?personId=206899589&ticker=HPTO | Robert Dixon Profile| accessed=29 May 2014 | publisher=BusinessWeek |
  4. http://investing.businessweek.com/research/stocks/people/person.asp?personId=559608&ticker=HPTO&previousCapId=401272&previousTitle=HOPTO%20INC | Jean-Louis Casabonne Profile| accessed=29 May 2014 | publisher=BusinessWeek |
  5. https://www.linkedin.com/in/jdcloutier | Justin Cloutier LinkedIN| accessed=29 May 2014 | publisher=LinkedIn |
  6. http://www.passfail.com/what-is-the-history-of-john-cronin-and-the-latest-information-about-john-cronin/hpto/executive/john-cronin/john-cronin-3383757.htm | John Cronin Passfail | accessed=29 May 2014 | publisher=Passfail |
  7. http://investing.businessweek.com/research/stocks/people/person.asp?personId=430858&ticker=HPTO&previousCapId=4532776&previousTitle=Sherpalo | Michael A. Brochu Profile| accessed=29 May 2014 | publisher=BusinessWeek |
  8. 8.0 8.1 8.2 http://www.otcmarkets.com/stock/HPTO/profile | HPTO Profile | accessed=29 May 2014 | publisher=OTC Markets
  9. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9995581 | HPTO 10Q for 1st Q 2014| accessed=29 May 2014 | publisher=OTC Markets |Published=15 May 2014
  10. http://hopto.com/ | hopTo homepage | Accessed: May 29th 2014 | Publisher: hopT