Hannover House Inc (HHSE)

[mikeymgd]

TO ONE

HHSE is a pinksheet company....That exchange is for companies that do not have an audit. Demanding or constantly complaining about not having an audit on a pinksheet company is about as smart as going to a Ford dealership and demanding they stock all new Nissans. Obviously if one wants a Nissan they go to Nissan. If one wants an audit go to exchanges that have audited companies.

It does the board, the company, the shareholders and the educated humans no good for incessant banter of nonsense. The audit will be released when Eric, Fred and Hogan Taylor are done with it. As a shareholder do I wish to see it released, of course but as a smart investor I do understand there are much more important issues for this investment.

It is more important to grow revenue's and profit than it is to release an audit right now. The company has a large amount of debt and accounts in default. We desperately need to see this corrected. Eric is correct in putting the audit on a back burner considering court orders to pay back debts. How dumb must he be to ignore that so he can make a shareholder happy.....Apparently he is not since he did the right thing.

Be happy with the stock since nearly all good investors have made solid returns in HHSE. With the ups and downs of the stock huge returns were possible with holding a core position while trading around it. It is almost impossible to show a loss holding this stock unless you have no fundamental understanding of investing. HHSE has done well for 99% of investors and I for one have no issue with a drop back down for a short period with another 200% gain over the next 6-12 months after the drop......Rinse Repeat and get rich.

On a last note, I feel Fred is not the best person for financial oversight and expect his accounting practices have lead to this long delay and default positions. If HHSE can truly grow revenue and profit than that alone will help hire new accountants and ease the transition to SEC fully reporting. At this point if HHSE's senior lender would approve, I say release the audit in April of next year. This will help alleviate the costs of auditing 2011 and save HHSE a nice chunk of cash.