Theres tons.. branding being #1 im so stoked.. just a little meat on the bone... tells me they are gonna push a consolidated message and image, some other things r/s for valuation maybe.. hype around a ticker change always does good for a stock thats being followed.. it just makes good business sense.
i always get frustrated with holding companies for that reason. they got tons of irons in the fire, so their hard to get your head around sometimes.
I would guess it's to streamline their brand name. So that instead of having both "Target Development Group" and "Hannover House" on PR's and film credits that they can just generate awareness for one name. Hannover House is already a name in the industry so by doing this they can more closely tie the stock to that company, instead of having to explain how Target Dev owns HH and the stock trades under Target.
I wonder if the intent includes a cusip change as well? If so, I wonder then if a RS might move our PPS to a point in meeting PPS qualifications for an uplist to a higher exchange? Ultimately, in my opinion we've got to move off the OTC in order to get away from what appears to me to be share price manipulation. JMO