Hannover House Inc (HHSE)

[speckulater]

LEGAL FEES, TWO NEW BOARD MEMBERS, $3,000,000 LIABILITIES REDUCTION






Monday, August 9, 2021

4). LEGAL RESOURCES - The company has approved the acceptance of an unsecured loan from a non-affiliated private investor - proceeds of which are to assist with legal fees relating to implementing a dramatic and immediate acceleration of activities to oppose these old default judgments. As required under current OTC Disclosure Rules, the source and the amount of these legal fees will be included within the company's Q3 filings. The removal of the foreign default judgments against Hannover House will take away the key "fear factor" that stock short sellers have been using to fuel concerns - and to enable them to pursue imbalanced press and social media coverage on the company. Legitimate investors and respected media outlets are able to see past these last, few remaining puffs of smoke - to see the bright future for HHSE and MyFlix.

5). NEW BOARD MEMBERS - Two additional outside executive have accepted Parkinson's nomination to join the Hannover House Board of Directors, bringing the final count to five (5) directors. Due to the stature of these Director nominees, both have required that the company's obtain Director's and Officer's Liability Insurance - which will be active upon the publication of the company's Form 10 registration.

6). Q2 FILINGS - Hannover House will be withholding the filings of the Q2 report until Thursday or Friday of this week as we await review comments that are expected to impact certain balance sheet items and disclosures. The company's liabilities have been reduced by almost $3-million in the past few months, which reductions require third-party verifications before inclusion within the balance sheet.

https://hannoverhousemovies.blogspot.com/2021/08/hannover-house-news-for-week-of-august.html

I figured they were getting outside help (expertise) from a big venture company, here is the proof. Excellent.