Hannover House Inc (HHSE)

[mikeymgd]

Hardly a baby step.

I have been through an audit of a public company. It is hardly a baby step to deal with audits. I do not wish to bore the board in explaining what goes on but it is extremely disruptive to a company. The amount of time to compile the data for their requests is obtrusive even for a company with large financial staffing. Once they become highly cash positive, they can ramp up staffing but for now, its a skeleton staff for the most part....That is what happens with small companies like these.

HHSE needs to clean this up though. If they wish to be treated or uplist to the OTCQB(which is about to happen) they need to get these filings out on time. Excuses, whether true or not, will not cut it after the pending uplist.

I fear they will uplist only to be delisted next year for failure to comply. This will at least keep the stock moving higher till next year but they should truly work harder on finalizing audits.

We can all take solice in the fact the stock is a solid investment and up 100% in 3 months. These sizable profits being made by shareholders have helped to shelter us from some misteps. That shelter can only last as long as the stock goes up and I feel we have only about another 50% to go.