Replies to post #136266 on Hannover House Inc (HHSE)

[redjimoo]

Trust me, if they were involved in the slightest, old Footie will try to drag them under the bus with him.........Try to spread the wealth so to speak......He's a rat

I mean, I hope not, but, they did get into bed with him on quite a few things...Hope this isn't one of those "where there's smoke there is a raging inferno"......

[hillzman]

Very, very interesting to go back and re-read the initial filings with OTC regarding the TDGI deal. At the time they did the reverse there were about 150 million shares o/s for TDGI. Then 169 million for "purchase" of Hannover House (that's where the "bloated" .13 per share figure comes from). Then 200 million to retire TDGI debt (why would you "buy" a shell only to have to pay it's debts?) and provide financing for TDGI/Hannover House.
We now know how that financing arrangement worked out. At some point 49 million shares were returned to treasury, leaving about 470 million o/s. When it was "completed", the "assumed" valuation for TDGI/Hannover House would have been (if you continue to believe the figures given of about $21 million) somewhere in the vicinity of $.045 per share. Can only say that that's a far cry from the current sp.