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Friday, 11/21/2025 10:16:53 AM

Friday, November 21, 2025 10:16:53 AM

Post# of 19315
9/12/25 SHAREHOLDERS LETTER
Financials, Audit & Reporting Readiness

With the objective of becoming current in our reporting with the SEC, we have engaged a bookkeeping provider and an independent registered public accounting firm to help bring our financials current and align our reporting with requirements under federal securities laws.

Once this effort is completed, we plan to once again list our shares for trading on a recognized U.S. OTC marketplace. This would entail identifying an exchange for which we are eligible (as the historic OTC Bulletin Board on which we previously traded was discontinued), submitting an application and undergoing a review and approval process. We cannot guarantee that HDC will be listed on an OTC marketplace in the future.

Leadership & Governance

Our Board of Directors believes that it is in the best interest of HDC and our shareholders to maintain continuity in leadership as we strive to accomplish the objectives discussed above. Accordingly, the Board has approved an extension of the Chief Executive Officer’s employment agreement, subject to definitive documentation. The employment agreement will not guarantee continued service and will include, among other terms, customary termination provisions.
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No doubt it would seem that actually the company would try to get the filings done for the SEC regardless of what the CEO has or hasn't accomplished since it might pressure a deal quicker when a infringer sees we are not bluffing? I figure if i were the infringer why deal with HDC they don't even have enough money to file all their late SEC Filings. If HDC means business they will somehow come up with the 11th feline life needed to survive.

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