Hannover House Inc (HHSE)

[speckulater]

Fotis Dumped 32 Million TDGI Shares 8 Months Ago

TDGI HAS DROPPED 70% IN 8 MONTHS

Potential investors might not know, but Long term shareholders here are aware of the reason for this, it has been discussed ad nauseam. However since this is about the 50th time in the last few weeks you bring this up, I will address this issue for you.


December 2009 Hannover House (HH) took control of the Target Development Group (TDGI) Stock in a stock swap agreement. The previous owner of the company was Fotis Georgiadis. To complete the deal HH assigned Fotis 32 Million shares of Restricted stock. I believe it was to erase previous debt, it is all in the Filings.

In January 2011 Fotis began his own distribution company.
http://www.deadline.com/2011/01/sundance-distributor-motion-film-group-launches-with-deal-for-gun-hill-road/

Fotis's shares became unrestricted supposedly about May 12, 2011. It was common knowledge here that Fotis started dumping his 32 million shares to finance and save his distribution venture.

Fotis had a balloon payment deadline to meet with his new company and he had to come up with the funds for it. That's why he was selling. He had no choice or he'd have defaulted on the deal with his new company he started.

Fotis's name was on the promotional materials for "Twelve" because he was the principal financier for "Twelve". Fotis no long has any offical or otherwise connection with TDGI. Fotis may or may not still own a handful of TDGI shares, we are not sure. EP probably knows, because he obtained a NOBO List months ago. But Fotis is finally done with TDGI.

Here is the absolutely amazing part. Refer to the chart below. Beginning in May (Fotis shares became unrestricted May 12, I have heard without TDGI's knowledge or consent) there is a short downslope followed by a period of consolidation. TGDI absorbed the dumping of 32 million shares very well. In fact, up to 32 million shares of TDGI were dumped in several months and look at the Accumulation / Distribution Line beginning in May. Almost a straight upward sloping line with major selling going on. INCREDIBLE and AMAZING!


Fotis starts dumping 32 million TDGI shares in May, yet look at the Accum/Dist Line during this period.





A longer term perspective. The same thing, major accumulation of TDGI stock. Note current TDGI management obtained this stock in December 2009.



Hope this solves this mystery for you.



TDGI