not only will it help in the credibility department but also in the upgraded stock boards. this also will give a little more credibility to hhse. it will also put more eyes on this little company.
HHSE Form 10 Importance: Transparency, Credibility, Verification
In 2005, 5 years before HHSE took over this stock symbol in December 2009 (TDGI at that time), the previous stock owner filed a 15-12G, notifying the SEC the company was filing a Termination of Registration and would no longer be filing required documents with the SEC. The stock effectively became SEC Non-Compliant. The stock was lowered from the OTC Stock Exchange to Pink Sheets Exchange.
The HHSE filing of the United States Securities And Exchange Commision Form 10 is an especially monumental process and defining moment for Hannover House. Form 10 has a plethora of implications and benefits for HHSE and all it's investors. In essence, HHSE is willingly exposing the company by putting HHSE under the microscope, all under the scrutiny of the SEC. Without being redundant, here is a brief list of the many benefits of HHSE filing the Form 10:
1.) Originally a 45 page document, additional items have been added into the filing including: -- a.) Stock Registration History explanation and detail, through the acquisition of Hannover House by Target Development Group, Inc., f/k/a Mindset Interactive, f/k/a Ecklan Corporation. The filing needs to more clearly describe the history of the Company and its securities. -- b.) Officer Compensation / Officer Loans / Officer Stock Forfeitures / Officer Stock Conversion Options; -- c.) Greater Clarification / Description on the nature and rights of the "Preferred" Share Class; -- d.) Further detail on the State of the Industry, Competitive Threats, Management's Analysis of Company's position and potential within the Industry; -- e.) Financial Tables showing the current revenue sources by media.