$0.016====> $0.032 = 100% RETURN Yes, LMFAO on positive returns!
Too funny,...pffft!
That means an investor bought the stock in 2009 & held through multiple highs of $0.06 & all time high of $0.066 (200k @ $0.066 = $13,200 minus "presumed cost" (200k @ $0.008 = $1,600) = $11,600 profit
Investor held for ~2.5years & lost ~$11,600.00 profit to sell near DOUBLE BOTTOM!! Loss of $8,200.00 on $1,600 investment.
Sorry, not buying the claim. An, even if true, represents HUGE PROFIT LOSS!!!
I like how Warren Buffet puts "timing" in the stock market especially as it relates to HHSE price/value:
"If you are right about the 'what' [business], then you don't have to worry about the 'when'. Timing has always been & will continue to be the tricky part of the endeavor: But I focus on owning a wonderful business"
Warren uses Coca Cola as an example. Shares became available for $40/share in 1919. A year or so later they were down over 50% to $19/share & now if someone held that one share, & reinvested the dividends of that one share it would be worth $5,000,000.00
HHSE is about the BUSINESS (price is NOT indicative of potential in the company or it's real value). Anyway, here is a WB Clip that reminds me of HHSE/TDGI: (~ :20 - 2:30)
HHSE is UNDERVALUED:
c). Valuation of Hannover House Acquisition Hannover House is one of only twelve “full-service” entertainment distributors in the USA market, and controls direct and valuable access to key retailers for placement of books and video products. Target feels that the true value of the Hannover acquisition will be realized with the release of the Company’s upcoming theatrical titles and the significant revenue streams likely to be generated. Notwithstanding the goodwill value of the Company’s distribution pipeline and favorable revenue forecasts, Hannover House owns or controls significant assets, including a large film library, DVD and book product inventories and motion picture production equipment and facilities. As of September 30, 2009, the unaudited and unreviewed balance sheet for Hannover listed total assets of $21,112,938, including a library valuation of $16,015,670 (the value of the Hannover library does not include recently acquired titles and other libraries added since Dec. 1, 2009). Target believes that the acquisition and stock-swap agreement with Hannover which calls for the issuance of 159,336.082 restricted shares of Target delivers a substantial value to other Target shareholders. Excluding the value of the ongoing operations of Hannover, the direct and immediate balance sheet benefit of the Hannover House assets and library relative to the total number of Target shares exchanged to acquire Hannover represents a valuation of approximately $.13 per share.