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Thursday, October 20, 2016

HHSE - TCA Settlement Update

Good morning HHSE Friends & Followers - As is often the case on the 'eve of a potentially contentious court hearing, the attorneys for TCA and Hannover House have reached a preliminary settlement of the matter.  In order to finalize the terms, the hearing scheduled for today has been continued to a later date.  Both parties expect to reach a resolution and documented agreement within a week, at which time, the court matter will be fully retired.

No, for those of you wondering, the pending settlement does NOT require further dilution of the HHSE stock; however, both parties have agreed to keep the terms confidential at this time.