Hannover House Inc (HHSE)

[jessetrades101]

What is happening here? They are taking back the shares without the audit?

l) Parkinson & Shefte Share Surrender – During the fourth quarter of 2012, Company CEO Eric Parkinson surrendered back into treasury stock a total of four-million-three-hundred-thousand (4,300,000) shares; the total of stock shares surrendered by Parkinson over the prior two years is twenty-six-million-eight-hundred-thousand (26,800,000). During 2011, Company President Don Frederick Shefte surrendered back into treasury stock a total of five-million (5,000,000) shares. Both Parkinson and Shefte may earn back these shares based on sales performances, bottom line results and the completion of audits.

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=102390