The structure is simple to follow, and clearly explained in OTC filings. The operating entity is Truman Press, Inc., d/b/a "Hannover House" which merged into (and became a wholly owned entity of) a Wyoming-domiciled, publicly traded company in December, 2009. The 100% owner of Truman Press, Inc. is this Wyoming entity, which at the time of the acquisition was known as "Target Development Group, Inc." In February, 2012, to avoid confusion with other companies named "Target" -- as well as to streamline the identification of our company stock for prospective shareholders that might have seen our videos in retail stores nationwide -- the Wyoming entity was renamed as "Hannover House, Inc."
"HANNOVER HOUSE" has always been the d/b/a ("doing business as") releasing label of Truman Press, Inc. Truman Press, Inc. was originally organized as a California corporation (from 1993 through 2008). In 2008, Truman Press, Inc. was redomiciled and registered as an ARKANSAS corporation -- where the offices were essentially operating from.
So there are two corporate entities: the operating company (Truman Press, Inc.), registered in Arkansas (in good standing) and doing all the day-to-day work activities... and the "parent company" (Hannover House, Inc.), registered in Wyoming (in good standing) and owning 100% of the stock of Truman Press, Inc. Bank accounts, office leases and day-to-day business activities are handled by the Arkansas entity -- the stock for which happens to be 100% owned by the publicly traded Wyoming entity, Hannover House, Inc. (symbol: HHSE).
There is no "privately owned" company venture for HHSE principals Parkinson and Shefte. Truman Press, Inc., d/b/a "Hannover House" was 100% acquired by TDGI in the merger agreement. It's all in the OTC filings. Anybody that doesn't understand this, doesn't want to.
Unlike most Pinksheet companies, "Hannover House" has been operating for a very long time. In fact, we're into our 20th year! In ALL of that time, the operating company has always been -- and continues to be to this day -- Truman Press, Inc., d/b/a "Hannover House." It's a wholly owned division of the Wyoming corporation, and to make it easier to identify who we are, the Wyoming corporation was renamed "Hannover House, Inc." There is only ONE operating entity called Hannover House, Inc. It's the public company with stock trading as HHSE. I hope that this clarifies what looks to have been "intentional" confusion!