And I have absolutely no idea what the TOTHC is. Sounds vaguely like an outtake of one of those Edison Lighthouse/Foundations pop factory sessions.
Turns out you were dead on, urth: the song was indeed written by those folks, and was a Top 40 hit by Herman's Hermits -- the Foundations version never charted, neither here nor in the UK. Gaz will especially find this link interesting:
http://www.bubblegum-music.com/britgum
Just got around to reading the article Mike linked to about britgum and I about shit my pants when I read the author's name, before I even got to the article. It was written by Derrick Bostrom, who was the drummer for Phoenix psychedelic punk band the Meat Puppets. Can I just say: What. Da. Funk?!?!?
(I'm going to have to spend some more time looking around that Bubblegum University site, too. Looks like lots of cool info to be had there.)