Hannover House Inc (HHSE)

[Dogfish Head]

Interesting question for the board. We've had some discussion about the 200 million shares added into the float since early December when the reverse merger took place. We've discussed having to chew through those shares before we move up. It just occurred to me, why wouldn't NITE -- or any other market maker for example -- have bought those shares in the .02 range when they were first issued and then let the price run and sold them on the long side as the price skyrocketed towards book value. If I'm a market maker, I'd think it would be savvy to get 200 million shares at .02ish, let the natural buying pressure occur moving the price up and dump some of my 200 million at a significant percentage higher. Any thoughts as to why this hasn't occurred? Nobody in the know misses out on an opportunity to make easy money, why would a market maker? And that throws out the whole question of why would they short the stock too? Only a small percentage downside to shorting it here when they could run it up a few hundred percent -- to fair book value -- and make a killing. Makes no sense.