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Posted On: 07/14/2024 7:03:29 PM
Post# of 7256
$HHSE-NEWS:..Prior-plan for "quick" release-of-Q2-Results are DELAYED due-to-substantial-developments
Sunday, July 14, 2024
https://hannoverhousemovies.blogspot.com/2024...quick.html
Greetings HHSE Friends & Followers - Management has been advised by counsel to hold the Q2 reports for another week from OTC release. This is due to major financing and operational developments that have a profoundly positive impact to the Company.
The concern is that to release the OTC Q2 report NOW, without disclosing these material activities, would be an omission. However, to release the OTC Q2 report NOW and include the details of developments that are still in a "review" / due diligence process would be premature. As the OTC Markets rules do not require the release of the Q2 news until August 15, counsel feels it's best to complete these next few business days of document and performance review, and then include the developments in the Q2 report.
The initial letters-of-intent occurred prior to June 30 - and while the due diligence is still in process - all parties anticipate that the ventures will proceed and therefore, can be attributed as a Q2 initiated transaction.
Hold tight - really good times are coming.
FYI - This is a "random photo" unrelated to the above HHSE Blog Post. However, Google advised HHSE that blogs WITHOUT a photo do not get "tagged" for searches as easily as Blog WITH an image included somewhere within the post. As we do not have a visually compelling photo of HHSE managers staring at the already completed Q2 report (and wondering WHEN is the best time to release it)... we instead selected this photo of CEO ERIC PARKINSON with General COLIN POWELL and Texas Billionaire TRAMMEL CROW - shot years ago when Parkinson and Powell were the keynote speakers at the Video Software Dealer's Association convention.
Sunday, July 14, 2024
https://hannoverhousemovies.blogspot.com/2024...quick.html
Greetings HHSE Friends & Followers - Management has been advised by counsel to hold the Q2 reports for another week from OTC release. This is due to major financing and operational developments that have a profoundly positive impact to the Company.
The concern is that to release the OTC Q2 report NOW, without disclosing these material activities, would be an omission. However, to release the OTC Q2 report NOW and include the details of developments that are still in a "review" / due diligence process would be premature. As the OTC Markets rules do not require the release of the Q2 news until August 15, counsel feels it's best to complete these next few business days of document and performance review, and then include the developments in the Q2 report.
The initial letters-of-intent occurred prior to June 30 - and while the due diligence is still in process - all parties anticipate that the ventures will proceed and therefore, can be attributed as a Q2 initiated transaction.
Hold tight - really good times are coming.
FYI - This is a "random photo" unrelated to the above HHSE Blog Post. However, Google advised HHSE that blogs WITHOUT a photo do not get "tagged" for searches as easily as Blog WITH an image included somewhere within the post. As we do not have a visually compelling photo of HHSE managers staring at the already completed Q2 report (and wondering WHEN is the best time to release it)... we instead selected this photo of CEO ERIC PARKINSON with General COLIN POWELL and Texas Billionaire TRAMMEL CROW - shot years ago when Parkinson and Powell were the keynote speakers at the Video Software Dealer's Association convention.
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