(Fayetteville, AR) The annual shareholders meeting for Hannover House, Inc. (OTC: HHSE), scheduled for Saturday, March 7, 2020 is being delayed to allow for outside vendors to complete items needed for the company's Form 10 Registration filing, according to company President D. Frederick Shefte.
"The primary issue of interest for the shareholders meeting is the discussion of the content of the Form 10 Registration Statement," said Shefte. "However, we are still waiting for a few required items from our professional advisors, including some unforseen issues - such as conforming the separate tax returns for three operating corporations into the company's consolidated financial statements. There are some additional third-party verifications needed for the audit and two OTC compliance filings, all of which are in motion, but not yet completed," he concluded.
Hannover House, Inc. has been trading on the OTC Pinksheets market since December 2009. It has been the company's goal for several years to uplist to the OTC QB exchange, which occurs through the formal registration process with the Securities and Exchange Commission. Existing Hannover House shareholders believe that the transparency provided by a fully-reporting company will encourage new investors and funds to consider the stock and the new ventures that Hannover House has in motion.
Shareholders will be updated via the Hannover House corporate blog site as to the rescheduling of the Shareholders meeting… which is planned to occur within three-to-five days following the Form 10 filing.
