UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  September 15, 2014

_______________________________

Hannover House, Inc.

(Exact name of registrant as specified in its charter)

_________________

Wyoming 000-28723 91-1906973
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation or Organization) File Number) Identification No.)

1428 Chester Street, Springdale, AR 72764
(Address of Principal Executive Offices) (Zip Code)

479-751-4500
(Registrant’s telephone number, including area code)

f/k/a "Target Development Group, Inc."

f/k/a "Mindset Interactive Corp."

330 Clematis Street, Suite 217, West Palm Beach, Florida 33401 (561) 514-0936
(Former name or former address and former fiscal year, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

 
 

SECTION 1 — REGISTRANT'S BUSINESS AND OPERATIONS

 

Item 1.01

Entry into a Material Definitive Agreement.  Hannover House, Inc. (“Company”) has entered into a theatrical releasing and home video venture with Redbull Media House (“Redbull”) for the motorsports feature film documentary “On Any Sunday: The Next Chapter.”  Under the terms of the agreement, Redbull shall finance the theatrical releasing costs to enable Hannover House to open the film on approximately 260 screens beginning November 7, 2014.  Company shall also release the film to DVD and Blu-Ray home video on February 10, 2015 under terms and conditions that are customary and consistent with other acquisitions of this caliber.  The Company expects to benefit significantly with enhanced awareness and consumer demand to see the movie, which is expected to be driven by the media exposure, advertising and publicity activities being funded by Redbull’s promotional and marketing teams.  The film was rated by the MPAA on Friday, Sept. 12, and earned a “PG” rating.  Theatre circuits that have offered to support the release include AMC, Carmike, Cinemark, Malco and Regal Entertainment Group.  A promotional website for the film has been published at:   www.OnAnySundayFilm.com

 

  

 

Item 1.02

Termination of a Material Definitive Agreement.  Hannover House, Inc. ("Company") has terminated a corporate financing agreement that had been previously entered into in May, 2013 with TCA Global Master Fund.  Per the terms of the mutually agreed dissolution, TCA will return to Hannover House ten-million (10,000,000) collateral shares of common stock, and will be paid three-hundred-thousand dollars (USD $300,000) by Hannover House over the next six months.  An additional, initial payment of approximately one-hundred-fifty-thousand dollars (USD $150,000) shall be paid by Redwood Management, under a debt-purchase structure calling for the release of 18,270,543 shares of common stock.

 

Hannover House management feels that the dissolution and resolution of the credit facility from TCA is in the company’s best interest.  The revolving structure and credit caps were impeding the company from pursuing other (more traditional) forms of operating financing.

 

The net result to the Company's current share structure resulting from both the termination of the TCA credit facility is as follows:

Current Total Shares In Issue (June 30, 2014): 598,338,905

Collateral Shares to be surrendered by T.C.A.:     <10,000,000>

Shares to Redwood for Settlement Payment:           18,270,543

Revised Total O.S After Both Transactions:     606,609,448

 

 

  
Item 1.03 Bankruptcy or Receivership.  Not Applicable.  

SECTION 2 — FINANCIAL INFORMATION

Item 2.01 Completion of Acquisition or Disposition of Assets.  Not Applicable.  
Item 2.02

Results of Operations and Financial Condition.  Not Applicable.

 

  
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.  Not Applicable.  
Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.  Not Applicable.  
Item 2.05 Costs Associated with Exit or Disposal Activities.  Not Applicable.  
Item 2.06 Material Impairments.  Not Applicable.  

SECTION 3 — SECURITIES AND TRADING MARKETS

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.  Not Applicable.  
Item 3.02 Unregistered Sales of Equity Securities.  Not Applicable.  
Item 3.03

Material Modification to Rights of Security Holders.  Not Applicable.

 

  

SECTION 4 — MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS

Item 4.01 Changes in Registrant’s Certifying Accountant.  Not Applicable.  
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.  Not Applicable.  

SECTION 5 — CORPORATE GOVERNANCE AND MANAGEMENT

Item 5.01 Changes in Control of Registrant.  Not Applicable.  
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  Not Applicable.

 

  
Item 5.03

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Not Applicable.

 

  
Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans.  Not Applicable.  
Item 5.05 Amendments to the Registrant’s Code of Ethics, or Waiver of a Provision of the Code of Ethics.  Not Applicable.  
Item 5.06 Change in Shell Company Status.  Not Applicable.  

SECTION 6 — ASSET-BACKED SECURITIES

Item 6.01 ABS Informational and Computational Material.  Not Applicable.  
Item 6.02 Changes in Servicer or Trustee.  Not Applicable.  
Item 6.03 Change in Credit Enhancement or Other External Support.  Not Applicable.  
Item 6.04 Failure to Make a Required Distribution.  Not Applicable.  
Item 6.05 Securities Act Updating Disclosure.  Not Applicable.  

SECTION 7 — REGULATION FD

Item 7.01 Regulation FD Disclosure.  Not Applicable.  

SECTION 8 — OTHER EVENTS

Item 8.01

Other Events.  Notification of Annual Meeting of Shareholders.  Notice is hereby made

 

  

SECTION 9 — FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits.  
  (a) Financial statements of businesses acquired.  Not Applicable.  
  (b) Pro forma financial information.  Not Applicable.  
  (c) Shell company transactions.  Not Applicable.  
  (d) Exhibits.  Not Applicable.  

 

 
 

 

 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

 Date: September 15, 2014 Hannover House, Inc.  
  By /s/ Eric F. Parkinson  
    Name: Eric F. Parkinson
Title: C.E.O.		  

 

INDEX TO EXHIBITS

Exhibit No.   Description
1     Not Applicable.
     

 

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