Hannover House Inc (HHSE)

[bornstar25]

I'd have to go digging through the filings but I believe 200M shares were issued to Bedrock for 1.5 million in P&A cash plus 300k in debt retirement at the time of the ownership transfer. That makes the share average $.009, which would have been the price during the transfer. If TDGI only got 500k from that, then obviously it's a terrible deal for shareholders...but we've known that for over a year, and that's priced in already.

I wish we could get more details on why the contract wasn't fulfilled and if TDGI has a valid reason to go after Bedrock/Fotis.

Maybe someone who has more of a relationship with EP can get an answer out of him.