BLOG (1 of 2) Multiple Settlements Expected
Post# of 7290
(Total Views: 1174)
Posted On: 06/06/2017 5:02:06 PM
BLOG (1 of 2) Multiple Settlements Expected
Tuesday, June 6, 2017
Corporate Updates on Merger Events / Resolutions
Good afternoon HHSE Friends & Followers - In anticipation of our pending merger approval, HHSE has been working with our attorneys and key creditors on the final resolution of some of old issues that have been fuel for stock critics - but which were never material threats to the operations of our business. Here's a quick recap of some recently resolved matters and pending transactions:
1). TCA GLOBAL MASTER FUND - As stated previously in this blog, a settlement was made with TCA to fully close all maters... well it's finally been filed with the courts in Florida... as the court-recorded documentation of settlements sometimes occurs weeks / months after the deals are made. In any event, HHSE stock certificate #1530, issued June 18, 2013 as collateral for the TCA Investment Advisory Fee has been cancelled, and these 10-million shares will be returned as unissued treasury stock.
2). JSJ INVESTMENTS - Principal terms of a settlement are expected this week, based upon communications between attorneys.
3). ANDERSONS P&A - Principal terms of a settlement are expected this week, based upon direct communications with the lenders.
4). B EDROCK VENTURES - Company has engaged counsel to re-open the case under Arkansas Law, as compelling evidence exists to have the California matter vacated.
5). AMITYVILLE ASYLUM - New counsel has been engaged in this matter, which is expected to be settled (or adjudicated) by June 27.
A separate Blog Posting on Merger activities with Crimson Forest is being prepared for later today.
http://hannoverhousemovies.blogspot.com/2017/...vents.html
HHSE
Tuesday, June 6, 2017
Corporate Updates on Merger Events / Resolutions
Good afternoon HHSE Friends & Followers - In anticipation of our pending merger approval, HHSE has been working with our attorneys and key creditors on the final resolution of some of old issues that have been fuel for stock critics - but which were never material threats to the operations of our business. Here's a quick recap of some recently resolved matters and pending transactions:
1). TCA GLOBAL MASTER FUND - As stated previously in this blog, a settlement was made with TCA to fully close all maters... well it's finally been filed with the courts in Florida... as the court-recorded documentation of settlements sometimes occurs weeks / months after the deals are made. In any event, HHSE stock certificate #1530, issued June 18, 2013 as collateral for the TCA Investment Advisory Fee has been cancelled, and these 10-million shares will be returned as unissued treasury stock.
2). JSJ INVESTMENTS - Principal terms of a settlement are expected this week, based upon communications between attorneys.
3). ANDERSONS P&A - Principal terms of a settlement are expected this week, based upon direct communications with the lenders.
4). B EDROCK VENTURES - Company has engaged counsel to re-open the case under Arkansas Law, as compelling evidence exists to have the California matter vacated.
5). AMITYVILLE ASYLUM - New counsel has been engaged in this matter, which is expected to be settled (or adjudicated) by June 27.
A separate Blog Posting on Merger activities with Crimson Forest is being prepared for later today.
http://hannoverhousemovies.blogspot.com/2017/...vents.html
HHSE
(1)
(0)Hannover House Inc. (HHSE) Stock Research Links
Scroll down for more posts ▼