Wednesday, October 10, 2012 3:34:37 PM
Hannover House
HHSE: From T/A Talked to Andrea.
OS 482,439,217 --10/10/2012 -1.3M
RS 105,651,743 --10/10/2012 -1.3M
Float 376,787,474 --10/10/2012 --No change
:Transfer Agent:
Standard Registrar and Transfer Co. Inc.
12528 South 1840 E.
Draper, UT 84020
801-571-8844
OTC Oct 9th 2012 Part 1 completed.
6(a) – Change In Share Structure – The Board acknowledged that a total of one-million-three-hundred-thousand (1,300,000) restricted shares of stock that were previously issued for the benefit of a creditor were returned to treasury stock as a settlement and cash-resolution was reached with the creditor. A confidentiality agreement prevails, excluding the required filing and notification of the return of these shares to treasury stock. Accordingly, the updated share structure count will be reduced by this amount to an updated total of 482,439,217 total shares in issue, of which 105,651,743 will continued to be restricted from sale.
Part 2 coming soon to a stock near you.
The Board also approved the issuance of ten-million-five-hundred-twenty-six-thousand-three-hundred-fifteen (10,526,315) shares to Graham Financial Services, Inc., as consideration for the continuation of the Debt Conversion agreement for the reduction of qualifying debts. This transaction and stock issuance is expected to retire approximately $200,000 in debt from the Company’s books during the current Q4 reporting period.
Everything I write is my opinion only. My posts are not advice to be used for a investment decision.
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