Hannover House Inc (HHSE)

[Cpoulsen2]

STOCK MANIPULATOR’S SUIT – At the advice of counsel, the Company has temporarily suspended the civil action against stock “bashers” and pricing manipulators, due to the activation of a criminal case against these identified parties, which involves their posting of knowingly false, misleading, malicious and defamatory statements against the Company and its managers as part of a stock-price manipulation scheme. The decision to temporarily suspend the HHSE civil action was made after a March 29 meeting by HHSE managers with the F.B.I. and U.S. Attorney’s office, which followed an extensive (three-year) investigation by the F.B.I. to identify the IHUB posters, and generate evidence of their illegal trading schemes. The HHSE civil action can be reactivated at any time, if it appears that there would be assets to seize after the criminal proceedings.