$HHSE-NEWS:..MANAGEMENT DISCUSSION & DISCLOSURE
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Posted On: 07/07/2024 11:49:44 PM
$HHSE-NEWS:..MANAGEMENT DISCUSSION & DISCLOSURE – AS OF JULY 7, 2024
https://www.otcmarkets.com/otcapi/company/fin...10/content
MANAGEMENT DISCUSSION & DISCLOSURE – AS OF JULY 7, 2024 A special meeting of the Hannover House Board of Directors was held on Sunday, July 7, 2024 telephonically at 10:30-am. The results of the items discussed and the actions taken are listed below. The Board has authorized the disclosure to shareholders of this specific information and developments, some of which are expected to have a positive, material impact on the company’s activities and operations. 1). ACCELLERATED FILING OF Q2 REPORT – In respect of other filing activities in motion, the Board has approved the “early” release of the June 30, 2024 OTC Markets filings, which will occur during the week of July 8 – 12. Customarily, this quarterly report would be filed on or about August 15, per OTC Markets Guidelines. 2). MATERIAL DEVELOPMENTS RE: CORPORATE FINANCING OPPORTUNITIES – The Board will continue the current consultation with securities counsel and with third party venture partners regarding the timing of news, and the depth of such disclosures as may be required under public company reporting rules for issues of a material nature. 3). APPROVAL OF FULL-TIME HIRES FOR HANNOVER HOUSE / MYFLIX – The Board approved the engagement of a full-time, full-charge bookkeeper for Hannover House, Inc. and its affiliated projects and entities. The Board also approved the hiring of a full-time marketing specialist and a full-time administrative assistant. The cumulative costs for these three new positions – including taxes and other benefits – is estimated at approximately $11,500 per month. Funding for these positions is directly tied-into the new financing ventures as introduced in item “2” above. There being no further business for the Board, the telephonic meeting was concluded at 11:00-am. Set forth this seventh day of July, 2024 BY: ______________________________________
https://www.otcmarkets.com/otcapi/company/fin...10/content
MANAGEMENT DISCUSSION & DISCLOSURE – AS OF JULY 7, 2024 A special meeting of the Hannover House Board of Directors was held on Sunday, July 7, 2024 telephonically at 10:30-am. The results of the items discussed and the actions taken are listed below. The Board has authorized the disclosure to shareholders of this specific information and developments, some of which are expected to have a positive, material impact on the company’s activities and operations. 1). ACCELLERATED FILING OF Q2 REPORT – In respect of other filing activities in motion, the Board has approved the “early” release of the June 30, 2024 OTC Markets filings, which will occur during the week of July 8 – 12. Customarily, this quarterly report would be filed on or about August 15, per OTC Markets Guidelines. 2). MATERIAL DEVELOPMENTS RE: CORPORATE FINANCING OPPORTUNITIES – The Board will continue the current consultation with securities counsel and with third party venture partners regarding the timing of news, and the depth of such disclosures as may be required under public company reporting rules for issues of a material nature. 3). APPROVAL OF FULL-TIME HIRES FOR HANNOVER HOUSE / MYFLIX – The Board approved the engagement of a full-time, full-charge bookkeeper for Hannover House, Inc. and its affiliated projects and entities. The Board also approved the hiring of a full-time marketing specialist and a full-time administrative assistant. The cumulative costs for these three new positions – including taxes and other benefits – is estimated at approximately $11,500 per month. Funding for these positions is directly tied-into the new financing ventures as introduced in item “2” above. There being no further business for the Board, the telephonic meeting was concluded at 11:00-am. Set forth this seventh day of July, 2024 BY: ______________________________________
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