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Re: Nikodemos post# 141979

Saturday, 06/22/2013 8:40:45 PM

Saturday, June 22, 2013 8:40:45 PM

Post# of 371528
Hannover House (HHSE) 1st Quarter Financials (Reduced Expenses)





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HHSE Profitable 13 consecutive Quarters out of 13.

I give Eric a lot of credit. He has really tightened up the purse strings in Arkansas. Already gaudy Margins still increasing.

Total Cost of Sales = $74,416 (most of this is "Other Expense, Accrued third party participations").
Total G & A Expenses = $28,358

The Profit Equation reveals there are 2 variables to increase Profits, Increase Revenue and/or Decrease Expenses. Eric totally understands this, thus HHSE Balance Sheet gets more pristine every Quarter.

Profits = (Revenues - Expenses)



HHSE Quarterly Report - Financial Results and Disclosures for P/E 3-31-2013:

http://www.otcmarkets.com/financialReportViewer?symbol=HHSE&id=106892

PR: "Q1 Results Show Increased Profit Margins for Hannover House" - June 21, 2013:
http://ca.finance.yahoo.com/news/q1-results-show-increased-profit-191500369.html
http://www.otcmarkets.com/stock/HHSE/news








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