Notice this sentence... so we don't know if it will cost HHSE nothing?? A LITTLE?? A LOT???
Thursday, October 20, 2016
HHSE - TCA Settlement Update
Good morning HHSE Friends & Followers - As is often the case on the 'eve of a potentially contentious court hearing, the attorneys for TCA and Hannover House have reached a preliminary settlement of the matter. In order to finalize the terms, the hearing scheduled for today has been continued to a later date. Both parties expect to reach a resolution and documented agreement within a week, at which time, the court matter will be fully retired.
No, for those of you wondering, the pending settlement does NOT require further dilution of the HHSE stock; however, both parties have agreed to keep the terms confidential at this time.