Hannover House Inc (HHSE)

[Nikodemos]

AUDIT COMPILATION HISTORY & FACTS HERE:

Hannover House Sets High Standards for Public Company Operations: (2.21.2012 PR)

The company is also one of a rare few, if not the only, company 
that has both a "penalty" program for executives as well as the more 
customary "bonus" structure. 

"If the top managers of companies are to be rewarded for exemplary 
performance," said CEO Eric Parkinson, "why shouldn't the converse 
be true? We stand behind our responsibilities as managers of 
Hannover House, and have shown our willingness to forfeit shares 
under penalty if we do not meet specific thresholds. We believe 
that good performance by managers should be rewarded, and bad 
performance should be punished. We cannot think of a more 
equitable policy that places the shareholders first."

http://ih.advfn.com/p.php?pid=nmona&article=51290756 ;


Management Discussion Regarding the Status and Strategy Concerning the 
Completion of Two Years of Financial Audits for the Company; OTC Filing: (12.2.2011)

ITEM 5 Management Discussion Regarding the Status and Strategy Concerning the 
Completion of Two Years of Financial Audits for the Company. 
The Principal Managers of the Company, specifically D. Frederick Shefte (President) and 
Eric Parkinson (C.E.O.) held a management meeting on Monday, Dec. 5, 2011, to discuss the 
status and strategy of the Audit project with Hogan Taylor. 

Despite repeated calls, emails and written requests, the prior principals for the Company 
(i.e., managers leading up to the time of the acquisition of Truman Press, Inc. / Hannover House, 
which acquisitions occurred occurred in late 2009, effective as of Jan. 1., 2010), have not 
provided supporting accounting or bank records for the Y/E 12-31-2009 or for any prior 
reporting periods. Additionally, Company has since determined that prior management also 
failed to file corporate tax returns from which essential audit beginning points could be 
determined. Accordingly, it appears that sufficient data is not available for a full and complete 
audit of activities for Target Development Group, Inc. to occur for the periods prior to new 
management in 2010. In respect of the requirement for two (2) years of audited financials in 
order to comply with most standards of “fully-reporting” status or for eligibility of a market 
uplisting, management has determined that the best course is to perform the audits for the years 
ending 12-31-2010 and 12-31-2011 instead of the prior plan of including Y/E/ 2009 as one of 
the qualifying periods. 

At present, all data and records for the Y/E 12-31-2010 have been compiled for Hogan 
Taylor. With respect to the Y/E 12-31-2011, records have also been prepared and assembled 
through 09/30/2011, and only four weeks remain in the current reporting quarter and year. 
Therefore, in order to provide Hogan Taylor with sufficient supporting data for two (2) 
full years, the decision was made to complete the audits for the full years 2010 and 2011. In 
order to expedite the delivery of 2011 financials to Hogan Taylor, Company management will 
endeavor to complete the Q4 reports by Feb. 1, 2012.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=67229 ;




Financial Audits; OTC Filing: (12.14.2011)

(4) ... As of Dec. 2, 2011, a determination was made to utilize Hogan 
Taylor to conduct the two years of audits specifically for the years ending 12-31-2010 and 12-31- 
2011 due to the lack of supporting documents and records relating to company activities prior to 
the merger / purchase-acquisition with Hannover House (Jan. 2010).

http://www.otcmarkets.com/financialReportViewer?symbol=TDGI&id=68083 ;



Hogan & Taylor OTC Filing Proof of TDGI as Client: 

http://www.otcmarkets.com/service-provider/Hogan-Taylor-LLP?id=2154




Hannover House Sets High Standards for Public Company Operations: (2.12.2012 PR)

The Company has completed an application with FINRA for the rebranding 
of the share ticker symbol from the current "TDGI" to the new "HHSE." 
The Company has also taken steps to engage a major market-maker for 
the stock, in anticipation of the completion of the financial audits 
for the years ending 2010 and 2011. In audit-related news, the company 
has engaged a full-time Audit Control Manager, Lisa Purkayastha, to 
implement new tracking and reporting systems to speed up future 
compliance issues.

http://ih.advfn.com/p.php?pid=nmona&article=51290756 ;




TDGI - Annual Report: (3/14/2012)

PART D / MANAGEMENT STRUCTURE AND FINANCIAL INFORMATION
Mr. Parkinson has voluntarily surrendered back to the 10
Company Treasury a total of 25,000,000 shares.

Mr. Shefte has voluntarily surrendered back to the Company
Treasury a total of 5,000,000 shares.

http://www.otcmarkets.com/financialReportViewer?symbol=TDGI&id=74804


Breakdown of Dates & Shares Surrendered (proof in filings)
Management Share Forfeiture Announcement; OTC Filing: (12.15.2011)

Management Comments Regarding Changes in Share Structure During Reporting Period: 
1). Officers voluntarily surrendered a total of 20-million shares of stock during the reporting 
period, specifically 15-million from Parkinson and 5-million from Shefte.

http://www.otcmarkets.com/financialReportViewer?symbol=TDGI&id=68585 ;

7). OFFICER FORFEITURE OF SHARES – During 2011, both Parkinson and Shefte 
voluntarily surrendered shares personally owned or controlled by themselves back to Treasury 
Stock. The purpose of this action was to create a balancing “punishment” for non-performance, 
as compared to the customary public-company standard of only rewarding managerial success. 
As of 12-31-2011, Parkinson did not achieve the revenue goals set for him by the Board of 
Directors, and will permanently forfeit 10-million shares if the Company does not generate at 
least $10-million in gross revenues by 12-31-2012. As of 12-31-2011, Shefte did not complete 
the project management tasks assigned to him by the Board for the completion of the Company 
audits, and has 5-million shares in jeopardy until this task is completed. None of the shares 
forfeited by Parkinson or Shefte will be returned during calendar year 2012, even if the 
performance thresholds for each have been achieved.

http://www.otcmarkets.com/financialReportViewer?symbol=TDGI&id=69842 ;




Hannover House Sets Target for Corporate Rebranding: (12.22.2011 PR) 
http://ih.advfn.com/p.php?pid=nmona&article=50522171 ;


Wyoming Secretary of State: 
https://wyobiz.wy.gov/Business/FilingDetails.aspx?FilingNum=2009-000565408 ;



Wyoming Secretary of State; Target TDGI "Name Change" to 
Hannover House HHSE Screen Capture: (DOC = 1.6.2012) 

 

Where to find the OTC Tick Change Info: 
http://www.otcbb.com/dailylist/index_2012.htm ;


ENGAGEMENT OF “AUDIT MANAGER” POSITION AS POSSIBLE 
TRANSITION INTO GENERAL MANAGER’S POST; OTC Filing: (2.22.2012) 

Discussion Item a). ENGAGEMENT OF “AUDIT MANAGER” POSITION AS POSSIBLE 
TRANSITION INTO GENERAL MANAGER’S POST – At the recommendation of the 
auditors, Company has created a new position of “Audit Manager” to work full-time at the 
corporate offices. This position is envisioned to expedite the assembly and formatting of 
information required for the audit. However, and in respect of the extensive business and 
accounting experience of the individual engaged for this position (Lisa Purkayastha), both 
Parkinson and Shefte agreed that this project may serve as an ideal opportunity to expand into a 
“General Manager’s” position (in order to continue with new systems and maintain operational 
infrastructures required for regular reporting deadlines as the company moves towards uplisting 
and ongoing growth)

http://www.otcmarkets.com/financialReportViewer?symbol=TDGI&id=73241 ;




2011 Shareholder Meeting; Candid Excerpt Regarding Audit: 

Recent Filing Excerpt

4). Conference Call – As discussed at Company’s Annual Shareholder’s Meeting in
January, Company is organzing a Quarterly “Shareholder’s Conference Call” to discuss
these and other, relevant issues of concern with qualified Shareholders and investors. A
separate filing and press release will be posted this week to disclose the details of the
Conference Call, and the manner for submitting questions.

5). New Release Schedule – At the request of Shareholders, Company will release a
more formal schedule of current and upcoming title releases by month for 2012.

6). Market Maker – At the request of Shareholders, Company will expeditiously
move to complete the agreement for the engagement of a “Market Maker” in the
Company’s stock, which negotiations are already in process.

7). New Symbol Change to “HHSE”– At the request of Shareholders, Company
will provide an update and timeline for the expected date of formal rebranding of the
stock to “HHSE.