Replies to post #252399 on Hannover House Inc (HHSE)

[joeblow00123]

If you read the 8K, you'd see the word merger about 10-20x...it's a merger. HHSE assets and debt to be brought into the new entity.

HHSE and the old CRIM individually will be gone.

[integral]

A stock swap is a merger, everyone gives up their stock for the acquiring company, and will remain as the survivor, the acquired company dissolves administratively. The only way HHSE survives is if it a wholly owned subsidiary.

And either way, they are audited if the issuer has a class of securities registered.