Replies to post #128105 on Hannover House Inc (HHSE)

[Michael Anderson]

I dont think its that simple. Hasnt Fotis been receiving money from the profits made on Twelve? Was it more of an investment or a loan and were other promises made?

[speckulater]

$1.5M Funding For 200M HHSE Shares





HHSE / Bedrock Agreement


January 15, 2010

b). Additional Actions Relating to Hannover House Acquisition Contemporaneous with the acquisition of Hannover House, Target took moves to retire Company debt as well as to secure equity capital and refocus the Company’s activities into the entertainment and media sectors. In consideration for the return of 49-million shares of TDGI stock back into the Company treasury, Target released any and all claims and any and all of its rights or title to real estate property activities previously being pursued by Target, which the Company feels to be a fair and reasonable consideration. Additionally, in consideration for the conversion of approximately $300,000 in corporate debt as well as in consideration for the placement of up to $1.5-million in general funding for Target, the Company approved the issuance of 200-million shares of stock to a third-party, private investment group, which the Company feels to be fair and reasonable consideration.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=27997








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