Hannover House Inc (HHSE)

[mdimport]

I've seen several OTC companies with various violations (dilution scams, fake bonds, filing inadequacies, etc.). It was always easy to identify the problematic area in each case and debate what the issue was from a legal perspective. Finally the SEC stepped in and suspended or fined the company.

If there's been some alleged breach of SEC regulations, I'm sure the complaint would have been raised here in detail long ago and debated by both sides for months. Usually there's some long running factor(s) that are the source of the complaint(s). Yet no-one sees anything except for management being overly optimistic on their timing (not an SEC violation, but stupid (and everyone agrees on the stupidity)).

Summary:
- no dilution scam (TA and quarterly reports confirm)
- company generates revenues (waiting for audit to confirm)
- company generates profits (19 straight quarters -- waiting for audit to confirm)
- can buy products in stores and have been able to for years (can prove for oneself that the product exists)
- no fake bonds or other fake securities (at least no allegation of that ever until the time of this post)
- lots of filings and generally timely

I won't hold my breath on the allegations being substantiated, but I'll wait to see if Mr. Parkinson can deliver on Form 10 (finally).