Posted by: Sho-Nuff Date: Friday, December 18, 2009 2:00:43 PM
In reply to: PLO4Life who wrote msg# 9666 Post # of 9668
I sent the CEO one more email.
I asked: "Do you see the value of TDGI going up from its current levels with this merger and will there be further dilution of stock in order to support Hannover House's activities?"
Here is the reply:
Hi _____________. I'm not psychic, so I cannot tell you what will occur with the TDGI stock price. If the market reacts logically and analytically, the stock price should be north of $.13 per share. However, there's no way to know if that's likely to occur, especially when there's a legion of "short-sellers" that love to attack small cap stocks out there.
We are in the process of finalizing major financing for Target / Hannover House. But what we're pursuing at present is financing through credit lines, and not via the issuance of new equity, which I think is what you were referring to by "dilution"?? We will be updating the share structure with the Pink Sheets and Transfer Agent today or Monday to reflect the details of the Hannover acquisition.
Best Regards,
Eric Parkinson -- CEO
HANNOVER HOUSE
A TARGET DEVELOPMENT GROUP, INC. COMPANY
Office: 479-751-4500 / Direct: 818-481-5277
www.HannoverHouse.com
AI
