Hannover House Inc (HHSE)

[livinginstyle]

"If they come up with any excuse, this stock will be toast, burnt toast."

I have posted several times that I do not believe that the audit will be done by the SH meeting. As mentioned, they haven't even hired an on-staff accountant yet. The way the announcement was worded, they wouldn't even be guilty of any lies. It was worded as follows; "discussion of completed audits." But, if no audit is completed there will be no discussion, and they're off the hook.

Anyway, we all know what the company has accomplished to date. We can see the results on Amazon and in stores like Walmart. The last quarterly filing was great and guidance was even better. I have posted my detestation of Eric several times. His willingness to promise and miss many deadlines is disgusting at best. That said, if you look at what is being accomplished by this extremely under staffed team, one could say they are doing a pretty good job of turning this company around. The problem is, many people, including myself are of the impatient variety and tend to sell this management team short. I like many others want to see proof of financials because the delays cause anxiety brought on by thoughts of cover-up from no published audit that has been promised so many time last couple of years. If there was never a mention or promise of an audit, things would be different, IMO and the stock price might be kissing .03 cents or so. That's the value my figures place on this stock to date.

Your comment of; "If they come up with any excuse, this stock will be toast, burnt toast" is totally false. My long-awaited point here is, the stock has a PE of under 5 if I remember correctly and is highly undervalued. Even if there was a big sell-off after the SH meeting, it will recover in time and move even higher. Anybody that has done their DD here knows the value is locked up and waiting to eventually break out. Now, that doesn't mean this will ever see a dime or some of the other crazy pumps that are posted daily on this board. But, anything under .025 to .03 cents is a bargain. The SH meeting will be interesting, but will not kill the share price if no audit is released. We'll see, that's my opinion anyway.