hopTo Inc. (OTCMKTS:HPTO) Files An 8-K Regulation FD Disclosure
Item 7.01
| Regulation FD Disclosure. |
As previously disclosed in its SEC filings including its most
recent quarterly report on Form 10-Q, hopTo Inc. (the Company,
we, or our) believes that we may be able to extract value from
certain intellectual property assets and are currently working to
do so. Also as previously disclosed, although there is no
certainty as to timing or success of these efforts to extract
value from these assets, and stockholders should not place any
significant reliance on the outcome of such efforts unless and
until definitive agreements are reached, this may include the
sale of certain of our hopTo software products, the sale of
patents, and the monetization of the GO-Global business or some
combinations of these transactions.
Subject to the foregoing caveats, and although no definitive
agreements have been entered and it is possible that no sale will
occur, a sale of a portion of our patents that are being brokered
by Aqua Licensing LLC is probable. Shareholders should not make
any assumptions as to the value of the probable sale or other
terms of sale.
The information contained in this Item 7.01 of this Current
Report on Form 8-K shall not be deemed to be filed for the
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or otherwise subject to liability
under Section 18 of the Exchange Act. Furthermore, the
information contained in this Item 7.01 shall not be deemed to be
incorporated by reference into the filings of the Company under
the Securities Act of 1933, as amended, or the Exchange Act,
except as shall be expressly set forth by specific reference in
any such filing.
About hopTo Inc. (OTCMKTS:HPTO)
hopTo Inc. is a developer of software productivity products for mobile devices, such as tablets and smartphones, and application publishing software solutions. The Company’s product line, which is called hopTo, is marketed to small and medium sized businesses, and enterprise level customers under the name hopTo Work, which is its primary focus in the hopTo product line. hopTo provides mobile end-users with a productivity workspace for their mobile devices that allows them to manage, share, view and edit their documents, regardless of where they are stored. The hopTo Work builds upon the hopTo consumer product, bringing its core mobile productivity features to small- to medium-sized business (SMB)/Enterprise users, with additional security and manageability functions. The Company’s GO-Global product offerings can be categorized into various product families, such as GO-Global for Windows, GO-Global for UNIX and GO-Global Client.