32 Shareholders Own 85% = 688,440,496 Of 809,929,996
Good Morning HHSE Friends & Followers - While there are over 2,000 individual shareholders holding stock in Hannover House, Inc., the vast majority of freely-trading shares are held by approximately thirty-two (32) total shareholders, whose combined HHSE holdings collectively represent over 85% of the total of all shares. It's the long-support and significant positions of these "friendly longs" that has given HHSE stock its strong buoyancy and resilience, despite extraordinary efforts by short-sellers and stock-board trolls over the years to negatively impact the PPS.
The JOBS Act and the FAST Act raised the thresholds for registration and termination of registration for a class of equity securities under Exchange Act Section 12(g). As a result of the statutory changes, an issuer that is not a bank, bank holding company or savings and loan holding company is required to register a class of equity securities under the Exchange Act if:
it has more than $10 million of total assets; and the securities are “held of record” by either 2,000 persons, or 500 persons who are not accredited investors.